Christina Ching

Served as HQ Chief Accounting Officer and currently as Interim CFO oversees General Accounting, Tax, Financial Planning & Analysis, and payroll department

Key accomplishments:

• Manage and oversees tax dept to clean up any outstanding sales tax liabilities through Voluntary Disclosure Agreement, furthermore, reviewed transfer pricing logic alongside with Tax director to ensure company is optimized on the tax savings.
• Plan, design and implement procedures in streamlining accounting process flow to achieve operating efficiencies, also meet the SOX 404 requirements and remediated the material weakness identified.
• Refine budgeting processes and reporting process by implementing Workday Financial Planning software.
• Negotiated 100M line of credit working capital with syndicate banks.
• Reduced operational costs by identifying areas for improvement and implementing cost-saving measures across various departments.
• Provide advice and strategic insight on company current financial status of the business and other analytic to the CEO Conduct quarterly financial updates during board meetings, audit committee meetings, and compensation meetings.
• Conduct capital market Analyst calls, inquiry and investment meetings.

Served as regional CFO, oversees multiple entities in the US and Asia for a leading Swiss Defense Manufacture Company

Key accomplishments:

• Responsible for obtaining PPP loan and subsequent SBA approval of debt forgiveness.
• Key member of an Executive team to salvage and restructure a failing US entity.
• Achieved profitability in 3 years through establishing breakeven point, budgets, sales forecast, KPI and vendor payment term negotiations.
• Instrumental in acquiring and establishing a sister company in Taiwan for the development and manufacturing of new product line.
• Established CA office remote monitoring mechanism using software and reporting process for VA and Taiwan Accounting offices.
• Successfully consolidated Sage X3 with QuickBooks Enterprise (manufacture) and implementation of Oracle NetSuite in 2019 to supersede all other accounting software.
• Revamp employee handbooks, benefits such as holidays, insurances, 401K, & incentive programs.
• Established accounting policy, procedures & process flow to be in compliant with US GAAP and provide monthly reporting package to the Board of Directors.
• Key POC for USD70 million foreign government contract on procurement, production schedule, exports, and L/C draw down.
• Oversaw budgets, payroll, and accounts payable and receivable.

Served as Sr. Director Accounting and backup controller, oversees 5 accounting departmental managers for US headquarter

Key accomplishments:

• Successfully implemented SAP FI/CO module, as an accounting project manager in designing accounting process flow and GL coding working alongside with SAP consultants and in-house MIS team.
• Worked closely with SOX team on accounting process flow documentation and identified key controls.
• Assisted VP of Finance in monitoring fraud prevention process and analyze credit card chargeback and dispute results.
• Assisted in Newegg Canada company establishment and accounting processes.
• Successfully negotiated credit facility with tier-one bank and implemented treasury functions in SAP to interface with the bank, eliminated redundancy in online banking process, also lead and directed internal control in Accounts payable and treasury functions, increased overall productivity.
• Established vendor incentives/rebate accrual policies to record and collect payments and assisted in-house developed Co-Op MDF billing module for vendor incentives programs.
• Managed, AP, vendor credits, credit card processing, B2B AR, and treasury management.

Served as Accounting Manager for the US Branch Sales Office of a manufacturing company with 20+ employees and 52MM annual revenue with Parent company is a leading monitor manufacturer located in Taiwan

Key accomplishments:

• Implemented MAS 90 as the new ERP system.
• Addressed audit deficiency on MDF, Co-op programs & mail-in-rebates and accurately accrued for the liabilities.
• Provide financial reports and analytic for the parent company in Taiwan.
• In charge of the annual physical inventory count process.
• Managed annual financial audit.
• Completed bi-weekly payroll for company employees.

• Supervised all aspects of accounts receivable/payable and collections.
• Administered employee payroll, benefits and 401K pension plan.
• Tracked financial operations and sales results.
• Monitored employee hours and job progress billing.
• Coordinated year-end tax preparation and filing.
• Completed journal entries, reconciliations, and account analysis.
• Prepared balance sheets, cash flow reports and income statements for executive committee.