? Manage the Inventory accounting and close process, including supervising one staff.
? Collaborate with accounting, accounts payable, and warehouse teams on processes to ensure proper accounting and reporting.
? Review monthly Inventory roll-forwards and valuations, prepare and review journal entries and account reconciliations to ensure accurate reporting of Inventory, cost of goods sold, payables, accruals, and obsolescence.
? Streamlined processes and assisted in the automation of the accounting and close process for assigned areas and cross-functional areas.

Inventory Accounting Manager

? Manage off-site staff of five accountants.
? Supervise, manage, and ensure accurate preparation and timely submission of all client participation statements
? Manage the accounting month-end close process, review/approve journal entries, prepare and submit m/e reporting package.

Temp Assignment

? Manage staff of associates key duties to verify, confirm, and reconcile daily store sales transactions and daily store bank deposits
? Month-end accounting close responsibilities includes various bank account reconciliations, cash and sales journal entries, and various g/l accounts SOX review controls requirements
? Prepare and report company's daily cash position and request and affect any funding needs or invest available cash on hand

Los Angeles, CA	11/2014 - 04/2016
(1.4b, privately held women's apparel design, wholesale, and retail)

Manager Inventory Accounting & Control
? Responsible for the company's inventory valuation and record keeping
? Responsible for the wholesale and retail monthly revenue reporting and gross margin results
? Prepare/review weekly inventory valuation (borrowing base capital), required by and compliant with creditors borrowing facilities calculation & reporting requirements
? Maintain appropriate income and/or balance sheet reserve balances for (wholesale) sales returns, allowances, and chargebacks
? Maintain adequate/proper inventory reserve balances for Shrink, LCM (lower of cost or market value) carrying cost, and Obsolescence and provide quarterly analytics supporting the reserve balances
? Provide ad hoc cost of goods sold analysis, requests, and reporting
? Support all business partners' financial and accounting needs, concerns, and analytics requests
? Calculate annual overhead capitalization allocation
? Point person and lead on annual/external audits, interim reviews, and investor & consultants' requests for information and reporting

Manager Inventory Accounting & Control

(18b, worlds' third largest publicly held specialty apparel retailer)

Merchandise Payables (Inventory Capitalization) - Financial Analyst
? Responsible for the monthly reporting/reconciliation of all brands' inventory cost variances (impact to COGS)
? Ensure timely and accurate PO closure and correct income/expense variance is recognized
? Issue reports & data analytics related to an annual capitalized inventory cost (freight, duty, agent & broker fees) cycle of ~$8b in annual receipts
? Provide pending close week merchandise cost forecasts and close week actuals for all brands/divisions with variance explanations to budget and/or forecast
? Prepare all brands' annual merchandise spend (inventory) budgets
? Update/provide rolling forecasts of all brands' inventory cost variances, identifying and providing guidance as drivers & trends change (annual P&L impact of ~$60M income; total all brands)
? Maintain accurate records of company's open/outstanding stand-by Letters of Credit & Lines of Credit facilities
? Calculate, book, and reconcile all related interest, fee accruals, and amortizations; confirm & post all payments made to the issuing banks
? Provide SOX compliant monthly & quarterly off-balance sheet account reconciliations and related schedules (provided to external auditors & SOX Compliance internal department)
? Prepare analysis of inventory's discounted first costs & duty expense for Treasury department's foreign currency cash projections

Supervise staff

Renovation & Design Consultant and Project Manager

? Review licensee contracts to ensure that clients were properly invoiced and paid per contract
? Reconcile licensee payments to the general ledger and recognize income per GAAP
? Lead annual Capital Budgeting process and quarterly reforecasts
? Prepare monthly/quarterly Cash Flow projections
? Supervise staff of one (financial analyst)

Temp Assignment, Paramount Pictures

? Provide support to Label Finance & Accounting Shared Services as related to artist capitalization & marketing recovery analysis, royalty expense analysis and accruals, unapplied cash receipts & aging, TV advertising expense & recoupment, cash flow projections for royalty payments
? Provide analysis to Label Finance & Business Affairs including breakeven & recoupment analysis, projections, and coordination of rate information for artist P&L
? Supervise staff of 3; 1 manager & 2 financial analysts

Senior Director - FP&A

Director

? Responsibilities include coordinate & manage the monthly financial close & reporting process for all BMG Music Publishing N.A. companies in the US & Canada; deliver results & commentary to divisional & corporate management; coordinate & execute monthly forecasting of revenue and costs w/ drivers, cash projections, and reconciled balance sheet accounts w/ variance analysis.  Coordinate annual budget setting process and year-end audits.  Develop & maintain all financial reporting systems, analytic models/tools, and all related processes & procedures
? Successfully consolidated 7 music publishing companies within one centralized location, responsible for delivering all financial reporting/analysis, and providing all accounting functions and services
? Redesigned and implemented standard monthly management reporting including key performance indicators and analysis to budget
? Assisted in the redesign and implementation of two new general ledger systems (SAP & Navision) and two financial reporting systems, trained staff and established SOX compliant procedures and standards within all systems and reporting cycles
? Ensure adherence to company's policies & procedures
? Liaise with external auditors and manage their annual on-site field work & testing
? Analyze and implement cost-savings and efficiencies over all company's business lines & operations
? Supervise staff of 3; 2 managers & 1 financial analyst

Manager

? Preparation of annual budget, including forecasting and modeling of revenue & expenses and cash flow for all theatrical & television product and new production
? Developed methodology & established Borrowing Base Formula to support $250M credit-line for the company
? Designed cash-flow model to project income streams and to track actual cash collection activity; activity in excess of $100M/year
? Created & implemented a Marketing budget/tracking PO system to track individual projects' marketing expenses (including advertising & promotion) against budget for theatrical & television product; budgets up to $30M per title/project
? Assisted in the develop & implementation of a One-Sheet system, designed to track Ultimate's revenue & expense projections against actuals, and to project cash flow needs for all theatrical & television projects
? Responsible for cash-flow reporting, financial analysis as needed
? Manage month-end close process, prepare/book GL entries, reconcile various GL accounts
? Manage the financial reporting of theatrical & television marketing costs vs. budget, oversee the royalty accounting function regarding foreign & domestic distributor payments

Financial Analyst - Financial Reporting Group

? Supervised and examined a portfolio of nationally chartered banks
? On-site audits and testing of banks' asset & liability management
? Detailed review and testing of sampled assets (all lending facilities, investments, tangible & intangible assets), credit analysis, and loan review & risk assessment/grade assignment
? On-going review (on & off-site) of banks' operations and compliance with established banking and lending laws, rules, and regulations

National Bank Examiner

? Responsible for the reconciliation and review of all balance sheet accounts of all financial institutions under supervision, prior to their sale and transfer to acquiring institution, and/or at time of closing of failed institutions
? Supervised the institutions' preparation of all balance sheet accounts for final reconciliation and review
? Supervised the transfer of ownership and possession of all assets and liabilities accepted by the acquirer

Staff Accountant

? Planned, managed, and supervised all activities related to the disposition (sale & transfer or closing) of failed savings & loan institutions; both off and on-site
? Coordinated and supervised all activities (all teams/staff participating in the closing) related to the disposition of failed savings & loan institutions; both off and on-site

Closing Supervisor

Internal Auditor

Albuquerque, NM	09/1984 - 12/1988
(Privately owned, nationally chartered financial institution)

Internal Auditor & Loan Review Officer

TECHNOLOGY EXPERTISE & SKILLS

? Strategic Planning
? Annual Budgeting
? Capital Budgeting
? Contracts Review
? Cashflow Forecasting
? Modeling/Analytics
? Impairment Analysis
? Financial Reporting
? Deal Analysis/Ultimates
? M/E Accounting Close
? Revenue Recognition
? Accruals/Amortization
? Variance Analysis
? Sarbanes-Oxley
? Hyperion/Enterprise
? Oracle/JDEdwards
? Great Plains
? SAP & ACS ERP
? Excel
? Access Database
? Essbase

Internal Auditor & Loan Review Officer

Find out detailed information about Jerome Romero,  in Santa Monica, CA

Jerome Romero: in Santa Monica, CA

Jerome Romero

University of New Mexico, Robert Anderson School of Management