Elena Samailov
Assistant Controller at LiveAction Software- Claim this Profile
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Topline Score
Bio
Connie (Liu) Poshala
Elena is a wonderful person to have on your team. She has the great ability to pick up information in a flash and then explain it to others in layman's terms. Solutions come quite easily to her, and you can tell the wheels are always turning in her head. Her role requires her to hold a vast amount of knowledge and she handles it with the utmost confidentiality and professionalism. On a personal note, she is a trusted confidant and she is good at finding humor in everyday situations.
Bill Hazard
As VP of Technology, I had one of the larger budgets and I depended on good Finance support to plan and manage my expenses. Elena was a terrific partner -- proactive and supportive in all elements from planning to tracking to (ugh) auditing. Really appreciated having her on my team.
Connie (Liu) Poshala
Elena is a wonderful person to have on your team. She has the great ability to pick up information in a flash and then explain it to others in layman's terms. Solutions come quite easily to her, and you can tell the wheels are always turning in her head. Her role requires her to hold a vast amount of knowledge and she handles it with the utmost confidentiality and professionalism. On a personal note, she is a trusted confidant and she is good at finding humor in everyday situations.
Bill Hazard
As VP of Technology, I had one of the larger budgets and I depended on good Finance support to plan and manage my expenses. Elena was a terrific partner -- proactive and supportive in all elements from planning to tracking to (ugh) auditing. Really appreciated having her on my team.
Connie (Liu) Poshala
Elena is a wonderful person to have on your team. She has the great ability to pick up information in a flash and then explain it to others in layman's terms. Solutions come quite easily to her, and you can tell the wheels are always turning in her head. Her role requires her to hold a vast amount of knowledge and she handles it with the utmost confidentiality and professionalism. On a personal note, she is a trusted confidant and she is good at finding humor in everyday situations.
Bill Hazard
As VP of Technology, I had one of the larger budgets and I depended on good Finance support to plan and manage my expenses. Elena was a terrific partner -- proactive and supportive in all elements from planning to tracking to (ugh) auditing. Really appreciated having her on my team.
Connie (Liu) Poshala
Elena is a wonderful person to have on your team. She has the great ability to pick up information in a flash and then explain it to others in layman's terms. Solutions come quite easily to her, and you can tell the wheels are always turning in her head. Her role requires her to hold a vast amount of knowledge and she handles it with the utmost confidentiality and professionalism. On a personal note, she is a trusted confidant and she is good at finding humor in everyday situations.
Bill Hazard
As VP of Technology, I had one of the larger budgets and I depended on good Finance support to plan and manage my expenses. Elena was a terrific partner -- proactive and supportive in all elements from planning to tracking to (ugh) auditing. Really appreciated having her on my team.
Experience
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LiveAction Software
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United States
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Software Development
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100 - 200 Employee
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Assistant Controller
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Feb 2021 - Present
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Controller
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Apr 2016 - Feb 2020
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Sr. Manager, Int’l Finance and Accounting
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Apr 2015 - Apr 2016
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TravelClick
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United States
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Hospitality
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300 - 400 Employee
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Controller
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May 2011 - Dec 2013
TravelClick is a private equity owned global leader in cloud-based software solutions and ecommerce services for hotels to optimize their performance, grow revenue and create a stronger brand. During my tenure, have grown worldwide customers from 15,000 to 34,000, employees from 500 to 1,100 employees and annual revenues from $186 million to $300 million. As Controller, managed all aspects of financial reporting for all US and non-US International operations, including offices… Show more TravelClick is a private equity owned global leader in cloud-based software solutions and ecommerce services for hotels to optimize their performance, grow revenue and create a stronger brand. During my tenure, have grown worldwide customers from 15,000 to 34,000, employees from 500 to 1,100 employees and annual revenues from $186 million to $300 million. As Controller, managed all aspects of financial reporting for all US and non-US International operations, including offices throughout EMEA, AsiaPac, and the Americas. • Completed 2 significant M&A transactions • Effectively completed purchase accounting, flow of funds and goodwill calculation for 2 acquired companies in time for year-end audit • Created and implemented multiple re-engineering programs, including reducing headcount by 7 and $250K annual savings by Accounts Payable check-to-ACH conversion and of online automation of T&E. • Formed, managed, improved and reduced yearend audit timeline by 50% resulting in timely and tax beneficial bonus payouts, and savings of over $300K • Successfully managed auditor relationships to ensure favorable interpretation and compliance with critical financial reporting issues, including revenue recognition, accruals and CAPEX • Built trust, reliability and integrity in Monthly, Quarterly and Preliminary Year-end Financial Statements by improving outcome, by eliminating any and all EBITDA audit adjustments for 2 years in a row • Attracted and hired, led, retained and developed a global team of 18 financial professionals
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FP&A Consultant
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Mar 2011 - May 2011
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Register.com
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Technology, Information and Internet
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1 - 100 Employee
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Controller
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Jun 2009 - Mar 2011
Private-equity owned Register.com was the leading provider of internet services to small businesses, with over $100 million in annual revenue. Utilized a subscription model (cash up front; deferred revenue recognition). Was promoted three times in four years. • Key member of Register.com task force that led business through sale process, resulting in over 2x return for investors upon closing of sale to Web.com o Led pre-acquisition due diligence, post-acquisition accounting… Show more Private-equity owned Register.com was the leading provider of internet services to small businesses, with over $100 million in annual revenue. Utilized a subscription model (cash up front; deferred revenue recognition). Was promoted three times in four years. • Key member of Register.com task force that led business through sale process, resulting in over 2x return for investors upon closing of sale to Web.com o Led pre-acquisition due diligence, post-acquisition accounting integration and transition of the entire accounting department • Throughout tenure, oversaw all aspects of controller function, including review and supervision of six member team responsible for revenue recognition, month-end closes, accounts payable, accounts receivable and global payroll • Prepared consolidated financial statements & senior management reporting, including ad hoc investor analysis • Performed monthly and annual P&L analysis and provide understanding of results to senior leaders • Developed cash management process, resulting in quarterly ending balance exceeding budget by at least $1 million • Led annual financial audit process, semi-annual bank audits and ensured strong relationships with outside auditors. Had three consecutive years of no year-end audit adjustments • Responsible for all bank reporting related to debt, including monthly covenants package
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Assistant Controller
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Jan 2008 - Jun 2009
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Manager of Budgets, Planning and Analysis
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Sep 2006 - Jan 2008
• Led improved planning, budgeting, and forecasting processes; created budget reporting system, developed timelines, and partnered with senior management to develop CAPEX and OPEX budgets • Delivered all financial documentation and analysis required to secure refinancing of $120 million loan
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Senior Accountant
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May 2005 - Sep 2006
• Managed General Ledger for Canadian offices, month end and year end closes • Performed month end consolidations including elimination of inter-company entries
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GoodTimes Entertainment
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Entertainment Providers
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1 - 100 Employee
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Senior Accountant
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2001 - 2004
GoodTimes was the leading $300 million multimedia consumer products marketing company, distributed via direct response television and home shopping network, 40,000 U.S. retail outlets, and global strategic partners and licensees. As Senior Accountant: • Partnered with auditors & attorneys in successful sale of the company to an outside private investment fund. • Implemented valuable tracking of production costs and profitability for over 15 products • Researched GAAP and… Show more GoodTimes was the leading $300 million multimedia consumer products marketing company, distributed via direct response television and home shopping network, 40,000 U.S. retail outlets, and global strategic partners and licensees. As Senior Accountant: • Partnered with auditors & attorneys in successful sale of the company to an outside private investment fund. • Implemented valuable tracking of production costs and profitability for over 15 products • Researched GAAP and reporting issues to identify potential impact to company’s production cost accounting • Led team handling monthly closes. Implemented systems and procedures to cut monthly close time by 40% Show less GoodTimes was the leading $300 million multimedia consumer products marketing company, distributed via direct response television and home shopping network, 40,000 U.S. retail outlets, and global strategic partners and licensees. As Senior Accountant: • Partnered with auditors & attorneys in successful sale of the company to an outside private investment fund. • Implemented valuable tracking of production costs and profitability for over 15 products • Researched GAAP and… Show more GoodTimes was the leading $300 million multimedia consumer products marketing company, distributed via direct response television and home shopping network, 40,000 U.S. retail outlets, and global strategic partners and licensees. As Senior Accountant: • Partnered with auditors & attorneys in successful sale of the company to an outside private investment fund. • Implemented valuable tracking of production costs and profitability for over 15 products • Researched GAAP and reporting issues to identify potential impact to company’s production cost accounting • Led team handling monthly closes. Implemented systems and procedures to cut monthly close time by 40% Show less
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Assistant Controller
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2000 - 2001
OneClip was a coupon distributor for online shopping, sponsored by brand name retailers. As Assistant Controller, • Managed monthly close procedures; day-to-day financial operations including, General Accounting, Accounts Payable/Receivable, and Payroll; created internal controls OneClip was a coupon distributor for online shopping, sponsored by brand name retailers. As Assistant Controller, • Managed monthly close procedures; day-to-day financial operations including, General Accounting, Accounts Payable/Receivable, and Payroll; created internal controls
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Education
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City University of New York-Queens College
Bachelor of Science, Accounting