(11 years 8 months)
Lead Accounting, FP&A, Admin., HR, and subsidiaries while managing all
aspects of financial operations and partnering with the CEO to balance short-
term results, cash flow, and ultimately successfully execute the strategic
roadmap creating long-term enterprise value.
► Dynamicize strategic planning for growth, increasing net revenues by $104
million and EBITDA 30 times.
►Restructuring capital, making EPS 3 times of the prior year with same equity
capital and LESS debt after an acquisition.
►Transformed company to 8 profit centers, adjusting culture to be mission
focused, metric driven, and performance orientated; formulated a new
budgetary system.
►Lead successful merger & acquisition projects including due diligence and
post-M&A integrations.
►Won $1.5M litigation settlements after an acquisition with legal costs covered
by insurance.
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►Act as a rotating General Manager of a subsidiary, making corporate
decisions and responsible for PNL.
►Oversee annual audit and quarterly reviews; implemented SOX compliance
and provide annual controls updates.
►Drive and manage the full accounting team’s performance of the close
processes to meet close deadlines.
►Perform analytical reviews and prepare monthly variance analysis reports,
adjusting financial planning.
►Improved credit rating and working capital that is subject to seasonality.
►Built trusted relationship with banks, securing a $20 million loan .
►Craft capital structure strategy to minimize WACC; perform long-term assets
capital budgeting.
►Developed international tax strategy and planning.
►Changed tax structure, recovering tax credits that amounted to 9% in annual
savings.
►Launched an employee incentive stock option program.
►Prepared presentations for American Lighting IPO readiness.
►Implemented IT systems to automate and standardize procedures; changed
ERP to Oracle Cloud.
►Share overall management duties, overseeing all other non-sales teams such
as Procurement, Operations, Logistics, Order Mgt, and IT.
Novelty Lights
Executive Board Director
January 2019 - Present (5 years 3 months)
In charge of financial and control affairs; team with fellows on corporate
governance, strategy, and management.
►For American Lighting and Novelty Lights, responded to the “trade war” timely
by traveling and resituating supply chain to Vietnam, Cambodia, and Taiwan,
and expanding U.S. local manufacturing capacity as well as bringing Section
301 litigation to claim tariff refund with success fee haggled down from 20% to
6%.
►Facilitated synergy and grew EBITDA by 41% after acquisition despite
economy turbulences of the “trade war” and COVID-19..
THTF(600100SHA)/NEO-NEON(1868HK) GROUP portfolio
company
Vice President Finance