Sophia Hsu

Financial Reporting • SFRS statutory reporting, conversion from US GAAP to IFRS • Prepared regulatory reports for financial institutions, i.e., FDIC Call Report, Fed FRY9-C, and subsidiary schedules, in compliance with legal and regulatory requirements, company policies and procedures, and US GAAP. • Assessed, developed and maintained proper controls, documentation, and management approach for impacted reporting areas. Actively participated in automation efforts to enhance the reporting process. • Discussed and addressed issues with regulatory reporting liaisons or government regulatory specialists. Corporate Accounting • Month-end close, quarter-end close, audit, flux, trend analysis, PBC preparation and external auditor support • Interact with foreign subs and third party accounting services and managed consolidation and intercompany reconciliations • Supported ERP migration, implementation, and acquisition integration- Support Oracle R12 sub-ledgers, WebADI templates, T&E Concur Revenue Consulting • Created and implemented controls around billing process deploying templates to automate and validate billing process. • Reviewed all media I/O contracts for billing terms, owned and maintained searchable contract database, and assessed impacts of terms and conditions on revenue. • Devised and improved billing control process and helped create process flowchart. • Partnered with Collection, Credit department, and Sales Reps and served as escalation point for customer disputes related to billing issues.

• Establishing procedures, process improvements in full accounting cycle (GL, AP, Purchasing, FA, payroll, etc), managed the financial close. • 10K, 10Q, MD&A and XBRL • Reviewed, approved and posted month-end journal entries (QAD), reviewed and approved account reconciliations. Prepared annual audit PBC and lead schedules. Budgets, SEC reporting. • Implementation of Concur T&E management and data uploading into QAD. • Property tax audit preparation. Multiple state sales and use tax.

Manage transition from a legacy database to an enterprise resource planning (ERP) system.

• Performed cost accounting functions, preparing cost accounting journal vouchers including cost of sales, warranty provision, labor and overhead absorption; analyzed other cost of sales and set cost standards. • Completed inventory and GL reconciliations and prepared relevant journal entries; prepared journal entries for payroll and vacation accrual. • Managed monthly close and prepared accurate and timely financial statements. • Performed financial statement analysis and produced company budget and financial forecast for VC investors and BOD. • Administered stock option plan and expense recognition (Black Scholes) as well as ADP payroll processing and 401(k), HSA and FSA plans.

• Ensure an accurate and timely monthly, quarterly and year end close. • Ensure the timely reporting of all monthly financial information. • Assist the CFO in the daily banking requirements. • Supports budget and forecasting activities. • Advises staff regarding the handling of non-routine reporting transactions. • Responds to inquiries from the CFO, parent company (located in Italy) and other firm wide managers regarding financial results, special reporting requests and the like. • Ensure a clean and timely year-end audit. • Supervise the accounting group to ensure all financial reporting deadlines are met. • Assist in development and implementation of new procedures and features to enhance the workflow of the department. Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy. • Provide training to new and existing staff as needed. • Support CFO with special projects and workflow process improvements.

• Supervised one accountant in the accounting department (AP, Fixed Assets and Government Compliance). • Owned general ledger, month end close, reconciliation of accounts and variance analysis. • Creation of monthly management financial reporting package and executive summary schedules. • Supported quarterly SEC reporting, audit, budgeting and forecasting for the company. • Analyzed and streamlined processes to improve operation efficiency. • Developed best practices for SOX compliance process. • Managing payroll using ADP; reconciled payroll accounts and taxes. • Managing employee stock based compensation in accordance with FAS123(R). • Provided weekly cash projections and maintained daily cash reconciliation records.

Directed all accounting, finance, insurance, and tax operations in a role similar to a traditional controller. Key liaison with Japanese parent headquarters, including business visits to Japan. Prepared all financial statements to be consolidated into parent company financial records. Managed internal audit by Japanese representatives. Directed all general accounting. Prepared financial statements, forecasts, multi-million dollar budgets, and consolidation reporting. Implemented and trained users in Hyperion Pillar. Implemented Hyperion Enterprise. Filed property, sales and use taxes. Worked with tax partners on corporate income taxes, APA transfer pricing agreements and R&D tax credits. Handled Sarbanes Oxley compliance. Managed insurance including workers compensation, business, commercial auto, D&O policies, and self-insured health programs, Administered 401(k) plan.

Human Resources: Managed all benefits, personnel for 1000+ non-union employees working at multiple locations. Recruited, hired and terminated employees, and maintained all required employee documentation. Represented company at court for labor law litigation. Handled government regulations such as garnishing and unemployment compliance. Benefits: Handled 401(k), workers compensation, and self-insured group medical program, and payroll. Training: Engaged and collaborated with third-party provider on specific training for managers on leadership skills, safety awareness, and general employee relations.