Jerry C.

Accounting Controller at FROMM Packaging Systems USA
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Contact Information
us****@****om
(386) 825-5501
Location
New York City Metropolitan Area
Languages
  • English Native or bilingual proficiency
  • Chinese Native or bilingual proficiency

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Tim Wang

trustworthy, energetic professional

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Credentials

  • IRS Enrolled Agent
    Internal Revenue Service
    Jun, 2019
    - Nov, 2024
  • QuickBooks Online Proadvisor
    Intuit
    Oct, 2020
    - Nov, 2024

Experience

  • FROMM Packaging Systems USA
    • United States
    • Packaging and Containers Manufacturing
    • 1 - 100 Employee
    • Accounting Controller
      • Jul 2018 - Present

      Manage daily cash flow, AR, and AP activities, resolving complex accounting issues as necessary. Consult with President, Sales Manager, and Customer Service Manager to make continuous improvements, manage projects, and resolve inefficiencies. Supervise the Accounting team including daily task allocation and performance management. Maximize efficiency by controlling inventory; adjust monthly and year-end inventory variance in compliance with local, state, and federal government filing requirements and income and sales tax filing. Perform monthly, quarterly, and year-end closing entries and deliver financial reports to headquarters in Switzerland. Coordinate with KPMG auditors annually. ● Improved DSO ratio from 35 days to 31 days. ● Implement weekly inventory count system reduce inventory discrepancy Show less

  • LBU Inc.
    • United States
    • Design
    • 1 - 100 Employee
    • Controller
      • Feb 2014 - Jul 2018

      Supervised plant-level AP, labor cost, and overhead cost. Ensured continuous improvement by assisting manufacturing plant managers with analysis and evaluation of operational performance. Provided financial information to improve efficiency. Ensured profitability of production by monitoring and analyzing Bills of Material and labor costs. Performed monthly closing entries and coordinated with the Accountant for the year-end audit. Delivered cost savings by coordinating with purchasing managers to source economical materials. ● Delivered $200K in annual cost savings by purchasing economical materials. ● Achieved annual cost savings of $40K on credit card processing fees. Show less

  • The Accessory Corp
    • Plastics Manufacturing
    • 1 - 100 Employee
    • Controller
      • Jul 2008 - Jan 2014

      Supervised Accounting staff both in the USA and China, including daily task allocation to ensure timely dissemination of financial reports. Collaborated directly with company owner to resolve issues related to R&D and production. Prepared monthly and year-end financial statements, monthly bank reconciliation report, and daily cash flow report. Reviewed monthly intercompany AR and AP reconciliation report in collaboration with subsidiaries in Hong Kong and China, reconciled monthly royalty reports from overseas licensees, and issued debit notes to licensees to collect royalty payments. Prepared payroll and managed employee benefits. Negotiated purchase price on raw materials. ● Improved cash flow by negotiating overseas payment terms from 45 days to 90 days. ● Found and signed agreements with two factories significantly saved cost on certain items Show less

  • Northpole (USA)
    • Accounnting Manager
      • 2006 - 2008

      Monitored daily accounting activities for foreign entities, traveling between China and the USA sales office as necessary. Supervised accounting staff in order to effectively allocate workload and supervise performance. Reviewed GL, AR, and AP; performed intercompany accounts reconciliation, month-end closing, year-end closing, and financial reports. Prepared balance sheets required by the local government as well as P&L statements and budget reports for corporate leadership. Provided data to CPA for tax purposes and prepared documentation for auditors as required. Prepared weekly cash forecast reports and assisted Corporate Treasurer with international transfers. Show less

Education

  • Baruch College
    Bachelor, Accounting
    1998 - 2001

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