Sheila Manlapaz: Controller in Los Angeles, California

● Prepared monthly consolidated financial statements, including preparing and entering journal entries. ● Developed financial policies, internal controls, and procedures that follow GAAP and SOX compliance. ● Managed four multi-year Research and Development tax credit engagements through the entire claim process by quantifying and documenting the qualified R&D expenses. ● Managed the monthly, quarterly, and year-end accounting close process by preparing monthly journal entries and account reconciliations with supporting documentation and detail ● Reconciled the bank balances with GL cash balance, AP and AR, inventory, inventory reserve, revenue recognition, calculated and recorded prepaid and accruals. ● Oversaw and assisted in the evaluation of COGS variances and identified any portion to be reflected in on-hand inventory value as well as analyzing and reviewing inventory transactions and costs ● Conducted variance analysis on general ledger accounts and identified and resolved discrepancies as needed ● Oversaw the end-to-end fixed asset process and reconciliation. Determined depreciation rates to apply to capitalized items. ● Managed ERP accounting processes and activities ● Coordinated all monthly, quarterly, and year-end tax processes and ensures compliance with local, state, and federal government reporting requirements and tax filings ● Coordinated external and internal financial audits and drove resolution of issues identified ● Stayed current with GAAP rules and the most efficient accounting methodology ● Oversaw development, analysis, and interpretation of statistical and accounting information in order to appraise operating results in terms of profitability, performance against budget, and other matters bearing on the fiscal soundness and operating effectiveness of the organization ● Prepared budget and financial forecasts, instituting and maintaining planning and control procedures (including the cost accounting system) and analyzing and reporting variances ● Assessed adequacy of policies, procedures and controls and implemented improvements as needed. Helped drive efficiency and optimization and communicates these processes effectively to the team and throughout the business

Managed all aspects of accounting operations including accounts receivable, accounts payable, fixed assets, payroll, inventory reports and month end close. ● Analyzed and maintained general ledger to ensure the accuracy of revenue and cost. ● Prepared journal entries including maintenance of recurring journal entries and allocations. ● Maintained cash forecasts and monitors cash flow. ● Prepared information required to file quarterly sales tax, annual business taxes, business property taxes and annual income taxes. ● Provided timely explanations of variances between actual results and forecasts/budgets, provided corrective action recommendations to management where necessary. ● Acted as the Corporate Liaison with external auditors and tax authorities. ● Managed assigned accounting staff, providing training and coaching.

● Reviewed journal entries and reconciliations of staff accountant. ● Lead and developed the accounting staff to help them reach their potential ● Owned and supported the timely and accurate recognition of revenue related to revenue stream during the monthly close process meeting all deadlines. ● Analyzed and researched accounting matters, providing accurate and comprehensive documentation of issues identified and resolutions reached. ● Assisted in developing and documenting key controls of revenue-related policies and procedure, and accounts payable process and procedures, accurate GAAP reporting and provide Deloitte's audit requirements ● Assisted with the Company's monthly close and reporting process including preparation of journal entries, account analysis and reconciliation.

● Managed accounts payable and receivable staff. ● Oversaw inventory and production of finished goods. ● Collaborated with Production Department in the development of a standard costing system. ● Developed and maintained strong vendor and customer relations. ● Corresponded with factor companies daily to ensure that orders are approved, and daily cash flow control is provided. ● Managed the daily activities related to credits, chargebacks and collections. ● Provided reports for monthly and year-end audits. ● Spearheaded the accounting for the company on a global level. ● Prepared financial statements, forecasting requirements, monthly and annual budgets, scheduling expenditures and analyzed variances. ● Implemented and maintained accounting policies and procedures. ● Provide audit reports to the outside CPA and bank auditors. ● Maintained the fixed asset schedule and monitor procedures and expenses. ● Prepare and pay monthly sales tax and prepare 1099/1096 forms.

● Managed and delegated duties within the department to ensure accuracy and ease of operations. ● Oversaw the completion of ledger accounts and financial statements. ● Ensured that the financial procedures are acclimated correctly. ● Processed the job profitability report monthly.

● Prepared weekly cash flow and monthly financial statements. ● Identified outstanding receivables and payables. ● Managed employee expense reporting and worked directly with the team to ensure accuracy and proper documentation. ● Prepared weekly payroll. ● Compiled weekly invoicing and receipts reports. ● Interfaced directly with customers and vendors. ● Collected payment from customers and negotiated payment terms with vendors. ● Reconciled general ledger and subsidiary accounts. ● Analyzed and reconciled expenditures and revenue accounts. ● Prepared wire and bank-to-bank transfers. ● Reconciled monthly bank statements. ● Verified and tracked vendor credits. ● Researched and resolved customer inquiries and disputes. ● Reconciled vendor statements and researched discrepancies. ● Communicated directly with various government agencies to acquire and maintain necessary permits and licenses.

● Processed disbursements of claims. ● Identified receivables and outstanding payables. ● Managed employee expense reports and ensured accuracy and proper documentation. ● Reconciled general ledger, subsidiary, and monthly bank account statements. ● Worked with existing and potential clients to investigate credit and collection matters. ● Prepared daily invoices. ● Verified vendor credit. ● Disputed unreasonable chargebacks, which resulted in the collection of $1.6 million.