Experience

Karen Rand Associates (KRA, LLC)

• United States
• Accounting
• 1 - 100 Employee

• Accounting Team Lead

  • Nov 2021 - Present

• Staff Accountant

  • Apr 2019 - Nov 2021



VIP.com 唯品会

• China
• Software Development
• 300 - 400 Employee

• Finance Administration Manager

  • Aug 2017 - Mar 2019

  • Assisted in the establishment of a U.S Subsidiary based in China and served as a communicator between the two locations; ensured success of start-up by completing registration in multiple states, building operational procedures manual, and setting up third party services (payroll, benefit packages, CPA relationships). • Oversees daily accounting operations including: account payable/receivable, cash receipts, payroll/operating expenses, bank reconciliation, and revenue and expenditure variance analysis. • Continuously develops and implements management systems (recordkeeping, accounting and payroll) which improves integrity of financial data; monitors and analyzes accounting data and enters adjustments as needed. • Reviews and updates accounting policy to improve efficiency of payment process; approves payments through internal control system (OA) and generates reports for management review and auditing purposes. • Runs transaction reports to analyze monthly taxable sales; monitors revenue and transactions by state to ensure compliance with each state’s sales tax law in terms of physical and economic nexus. • Partners with CPA firms to prepare quarterly financial reviews and tax returns; researches and resolves tax inquiries generated by e-commerce activities, cross-border trading, and inter-company transactions. • Responsible for processing payroll and deductions (tax withholdings, insurance premiums, 401(k), other employee contributions) and prepares payroll tax returns (W-2, 1099) for 30+ employees and contractors. • Researches employee benefits (insurances, medical/dental/vision) and prepares yearly audit response. Show less



Kang Youl Lee, CPA, PC

• New York, New York

• Staff Accountant

  • Mar 2015 - Jul 2017

  • Serviced business licenses and permits including: EIN, DBA, Certificate of Incorporation, Sales Tax Certificates of Authorization, Appearance Enhancement Licenses, Liquor Licenses, Reinstatements, and Dissolutions. • Managed payroll for 100+ employees and prepared quarterly payroll tax returns; oversaw sales tax filings for various businesses and periodically reviewed taxable transactions as a tool for possible sales tax audits. • Prepared Federal/State business income tax returns for multiple entities; process and review complicated individual income tax returns and calculate quarterly estimate taxes; resolved notices and past due penalties. • Produced interim reports and financial statement compilations including: income statements, balance sheets, cash flows, and footnotes as required by loan application/auditing procedures. • Networked with government authorities to remedy business tax issues (payroll, sales taxes, unemployment). • Facilitated training for interns and entry-level employees on bookkeeping and payrolls. Show less