Stephanie Cheung, CPA
Corporate Financial Controller at Omeros Corporation- Claim this Profile
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Bio
John Gebhart
Stephanie was my right hand at Acucela and I couldn't have done my job without the benefit of her numerous contributions. She joined the company during a period of turmoil and immediately stabilized the systems and procedures for our regulatory reporting. Once established she led the effort to significantly reduce the number of days in our monthly close cycle to five days. Throughout this process she implemented stronger and more efficient controls. Among her greatest contributions was her technical leadership and proficiency during the company's conversion to IFRS. As a result of staff downsizing her duties expanded to include internal reporting and forecasting, which she executed perfectly. Beyond her technical qualifications her personality traits make her a very reliable and enjoyable colleague. She has boundless energy and uses this to manage multiple priorities to timely completion. And her optimistic and cheerful demeanor make her a pleasure to work with.
Vincent Wurm
Stephanie Cheung has demonstrated how to successfully engage other people, delegate in an empowering manner and prioritize multiple requests and responsibilities to meet deadlines on multiple engagements. As my manager, she was willing to go the extra mile to instill best practices in managing projects and communicating technical accounting issues cogently, concisely and strongly with sufficient support for a particular position. I was impressed with how easy she was to approach, how available she was to answer questions and how she went the extra mile to advocate, mentor and collaborate with me as my manager. I would definitely recommend her for positions of responsibility, oversight and reporting to both internal and external stakeholders.
John Gebhart
Stephanie was my right hand at Acucela and I couldn't have done my job without the benefit of her numerous contributions. She joined the company during a period of turmoil and immediately stabilized the systems and procedures for our regulatory reporting. Once established she led the effort to significantly reduce the number of days in our monthly close cycle to five days. Throughout this process she implemented stronger and more efficient controls. Among her greatest contributions was her technical leadership and proficiency during the company's conversion to IFRS. As a result of staff downsizing her duties expanded to include internal reporting and forecasting, which she executed perfectly. Beyond her technical qualifications her personality traits make her a very reliable and enjoyable colleague. She has boundless energy and uses this to manage multiple priorities to timely completion. And her optimistic and cheerful demeanor make her a pleasure to work with.
Vincent Wurm
Stephanie Cheung has demonstrated how to successfully engage other people, delegate in an empowering manner and prioritize multiple requests and responsibilities to meet deadlines on multiple engagements. As my manager, she was willing to go the extra mile to instill best practices in managing projects and communicating technical accounting issues cogently, concisely and strongly with sufficient support for a particular position. I was impressed with how easy she was to approach, how available she was to answer questions and how she went the extra mile to advocate, mentor and collaborate with me as my manager. I would definitely recommend her for positions of responsibility, oversight and reporting to both internal and external stakeholders.
John Gebhart
Stephanie was my right hand at Acucela and I couldn't have done my job without the benefit of her numerous contributions. She joined the company during a period of turmoil and immediately stabilized the systems and procedures for our regulatory reporting. Once established she led the effort to significantly reduce the number of days in our monthly close cycle to five days. Throughout this process she implemented stronger and more efficient controls. Among her greatest contributions was her technical leadership and proficiency during the company's conversion to IFRS. As a result of staff downsizing her duties expanded to include internal reporting and forecasting, which she executed perfectly. Beyond her technical qualifications her personality traits make her a very reliable and enjoyable colleague. She has boundless energy and uses this to manage multiple priorities to timely completion. And her optimistic and cheerful demeanor make her a pleasure to work with.
Vincent Wurm
Stephanie Cheung has demonstrated how to successfully engage other people, delegate in an empowering manner and prioritize multiple requests and responsibilities to meet deadlines on multiple engagements. As my manager, she was willing to go the extra mile to instill best practices in managing projects and communicating technical accounting issues cogently, concisely and strongly with sufficient support for a particular position. I was impressed with how easy she was to approach, how available she was to answer questions and how she went the extra mile to advocate, mentor and collaborate with me as my manager. I would definitely recommend her for positions of responsibility, oversight and reporting to both internal and external stakeholders.
John Gebhart
Stephanie was my right hand at Acucela and I couldn't have done my job without the benefit of her numerous contributions. She joined the company during a period of turmoil and immediately stabilized the systems and procedures for our regulatory reporting. Once established she led the effort to significantly reduce the number of days in our monthly close cycle to five days. Throughout this process she implemented stronger and more efficient controls. Among her greatest contributions was her technical leadership and proficiency during the company's conversion to IFRS. As a result of staff downsizing her duties expanded to include internal reporting and forecasting, which she executed perfectly. Beyond her technical qualifications her personality traits make her a very reliable and enjoyable colleague. She has boundless energy and uses this to manage multiple priorities to timely completion. And her optimistic and cheerful demeanor make her a pleasure to work with.
Vincent Wurm
Stephanie Cheung has demonstrated how to successfully engage other people, delegate in an empowering manner and prioritize multiple requests and responsibilities to meet deadlines on multiple engagements. As my manager, she was willing to go the extra mile to instill best practices in managing projects and communicating technical accounting issues cogently, concisely and strongly with sufficient support for a particular position. I was impressed with how easy she was to approach, how available she was to answer questions and how she went the extra mile to advocate, mentor and collaborate with me as my manager. I would definitely recommend her for positions of responsibility, oversight and reporting to both internal and external stakeholders.
Experience
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Omeros Corporation
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United States
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Biotechnology Research
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100 - 200 Employee
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Corporate Financial Controller
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Jun 2020 - Present
Omeros is a commercial-stage biopharmaceutical company committed to discovering, developing and commercializing small-molecule and protein therapeutics for large-market and orphan indications targeting inflammation, immunologic diseases (e.g., complement-mediated diseases and cancers) and central nervous system disorders. Omeros is a commercial-stage biopharmaceutical company committed to discovering, developing and commercializing small-molecule and protein therapeutics for large-market and orphan indications targeting inflammation, immunologic diseases (e.g., complement-mediated diseases and cancers) and central nervous system disorders.
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INRIX
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United States
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IT Services and IT Consulting
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200 - 300 Employee
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Corporate Financial Controller
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2019 - 2020
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Acucela Inc.
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United States
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Biotechnology Research
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1 - 100 Employee
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Senior Director and Corporate Controller
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2016 - 2018
Acucela Inc. is a clinical-stage biotechnology company that specializes in discovering and developing novel therapeutics to treat and slow the progression of sight-threatening ophthalmic diseases impacting millions of individuals worldwide. As Corporate Controller, I re-engineered accounting and finance processes to close the books within five days. I am responsible for internal management reporting and overseeing our public filings with the Securities and Exchange Commission (SEC)… Show more Acucela Inc. is a clinical-stage biotechnology company that specializes in discovering and developing novel therapeutics to treat and slow the progression of sight-threatening ophthalmic diseases impacting millions of individuals worldwide. As Corporate Controller, I re-engineered accounting and finance processes to close the books within five days. I am responsible for internal management reporting and overseeing our public filings with the Securities and Exchange Commission (SEC), the Tokyo Stock Exchange and the Financial Services Authority (Japan). I've led the company through it's first-time adoption of International Financial Reporting Standards (IFRS) and am responsible for Sarbanes-Oxley (SOX) compliance.
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Director of SEC Reporting
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2015 - 2016
Hired as a consultant, I was brought on full-time to lead the SEC Reporting function. During a significant board and management restructuring, I stepped in to assist the company in their year-end audit and became their technical accounting in-house specialist on such issues as stock compensation, termination benefits and re-implementation of their general ledger system. I was asked to step into the Controller's role and have had the opportunity to build and develop the Accounting team and… Show more Hired as a consultant, I was brought on full-time to lead the SEC Reporting function. During a significant board and management restructuring, I stepped in to assist the company in their year-end audit and became their technical accounting in-house specialist on such issues as stock compensation, termination benefits and re-implementation of their general ledger system. I was asked to step into the Controller's role and have had the opportunity to build and develop the Accounting team and lead company-wide accounting and reporting initiatives.
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Emeritus
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United States
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Hospitals and Health Care
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700 & Above Employee
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Technical and Accounting Project Manager
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2006 - 2015
Acquired by Brookdale Senior Living in a merger which closed effective July 2014, Emeritus Senior Living provided assisted living and memory care services to over 53,000 residents in 509 communities with over $1.96B in annual revenue. Reporting to the Vice President of Corporate Accounting, I was hired to work on the consolidated statement of cash flows, stock compensation valuation and reporting and testing of long-lived assets, investments and goodwill for impairment. Over time, I… Show more Acquired by Brookdale Senior Living in a merger which closed effective July 2014, Emeritus Senior Living provided assisted living and memory care services to over 53,000 residents in 509 communities with over $1.96B in annual revenue. Reporting to the Vice President of Corporate Accounting, I was hired to work on the consolidated statement of cash flows, stock compensation valuation and reporting and testing of long-lived assets, investments and goodwill for impairment. Over time, I handled real estate asset acquisition and business combination accounting for close as well as the conversion of our Nurse-On-Call acquisition to our general ledger in late 2012. I led the SEC Accounting function and was considered the in-house expert on technical accounting issues. Show less Acquired by Brookdale Senior Living in a merger which closed effective July 2014, Emeritus Senior Living provided assisted living and memory care services to over 53,000 residents in 509 communities with over $1.96B in annual revenue. Reporting to the Vice President of Corporate Accounting, I was hired to work on the consolidated statement of cash flows, stock compensation valuation and reporting and testing of long-lived assets, investments and goodwill for impairment. Over time, I… Show more Acquired by Brookdale Senior Living in a merger which closed effective July 2014, Emeritus Senior Living provided assisted living and memory care services to over 53,000 residents in 509 communities with over $1.96B in annual revenue. Reporting to the Vice President of Corporate Accounting, I was hired to work on the consolidated statement of cash flows, stock compensation valuation and reporting and testing of long-lived assets, investments and goodwill for impairment. Over time, I handled real estate asset acquisition and business combination accounting for close as well as the conversion of our Nurse-On-Call acquisition to our general ledger in late 2012. I led the SEC Accounting function and was considered the in-house expert on technical accounting issues. Show less
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Expedia Group
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United States
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Software Development
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700 & Above Employee
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Corporate Accounting Manager
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2005 - 2006
Expedia, Inc. is an online travel company with annual revenues of $4.8B. • Provided monthly fluctuation analysis reports of the income statement and balance sheet to internal management, explaining variances against budget and forecast • Wrote technical accounting memos on accounting for advertising incentives, barter arrangements, sweepstakes fulfillment, coupon accounting and website advertising • Supervised staff members in charge of people costs, goodwill, intangibles… Show more Expedia, Inc. is an online travel company with annual revenues of $4.8B. • Provided monthly fluctuation analysis reports of the income statement and balance sheet to internal management, explaining variances against budget and forecast • Wrote technical accounting memos on accounting for advertising incentives, barter arrangements, sweepstakes fulfillment, coupon accounting and website advertising • Supervised staff members in charge of people costs, goodwill, intangibles, prepayments and fixed assets • Provided accounting guidance to other staff members on accounting treatment for booking stock compensation • Handled headcount forecasting for the Finance Department
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Senior GL Accountant
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2000 - 2005
• Prepared the consolidated cash flow statement • Developed accrual management processes for key marketing teams with spend in excess of $260.0 million per year, tracking accrued marketing expenses across 29 departments • Responsible for monthly reconciliations of B&O tax accruals, marketing accruals, stock compensation equity accounts, payroll accounts and the GELCO employee reimbursment account • Provided revenue share and transactions based reporting on over 50 private label… Show more • Prepared the consolidated cash flow statement • Developed accrual management processes for key marketing teams with spend in excess of $260.0 million per year, tracking accrued marketing expenses across 29 departments • Responsible for monthly reconciliations of B&O tax accruals, marketing accruals, stock compensation equity accounts, payroll accounts and the GELCO employee reimbursment account • Provided revenue share and transactions based reporting on over 50 private label contracts • Developed Access database to reconcile Expedia’s options, warrants and restricted stock units • Wrote-up fixed asset desktop procedures for the company • Ran revaluation and translation processes in Peoplesoft to comply with SFAS 52 • Created template for tracking of people costs related to website developers and those working on internally developed software • Performed month-end allocations for close
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Deloitte
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Business Consulting and Services
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700 & Above Employee
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Senior Auditor
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1998 - 1999
Audited insurance, manufacturing and high-tech companies Audited insurance, manufacturing and high-tech companies
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EY
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United Kingdom
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IT Services and IT Consulting
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700 & Above Employee
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Staff Auditor I, II & III
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1995 - 1998
Audited medical, textile, electrical appliance, chemical trading, manufacturing, heavy machinery and property management companies. Audited medical, textile, electrical appliance, chemical trading, manufacturing, heavy machinery and property management companies.
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Education
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University of Washington
BA, Finance and Marketing
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