Excel
David Flores
CPA
Santa Barbara,CA
Summary
Steadfast financail leader familiar with managing high volume business operations. Successfully optimizes frameworks and cultivates cohesive teams to meet and exceed financial goals. Excellent reporting, record keeping and relationship-building abilities.
Overview
12
12
years of professional experience
1
1
Certification
1
1
Language
Work History
Head of Finance
Bitwage
04.2018 - Current
- Implement ERP solutionn for start up cryptocurrency payroll platform.
- Elected the FIFO inventory costing for cryptocurrencies received and remitted to determine the Revenue, COGS and value of coins on the balance sheet resulting in automated entries for incoming and outgoing coins as part of the daily operation
- Oversee daily treasury operations team of five employees and to to ensure the completes and accuracy of operating results for parent and subsidiary entities
- Managed the consolidation process (EJE) and FX translations cross eight legal entities improve probability and reduce the balance sheet risk against unfavorable changes in foreign and cryptocurrency rates against US dollar
- Manage the procurement of key tools such as HubSpot, Carta, Ramp Mailchimp and Rippling to streamline Sales, Marketing HR and financial operations
- Collaborate effectively with the CEO to formulate optimize revenue streams of the current state customer/pricing mix to maximize profitability
- Prepare and refresh the quarterly and annual budget process for review with CEO and presentation to the board and prospective investors for future Series A
- Performed quarterly or as needed balance sheet risk from any given FX or cryptocurrencies holding against USD
- Established and enforced controls on revenue and expenses to protect company assets.
- Strengthened FX exposure risk by proactively managing and optimizing the daily mix of inbound and outbound customer orders
- Reduced process discrepancies through measured implementation of performance reporting and data systems.
- Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
- Evaluated project applications and verified with outline specifications to approve, reject and recommend adjustments.
- Identified partnership opportunities and established favorable business connections.
- Assisted with recruiting, interviewing, and hiring new department employees.
- Improved resource utilization with data management systems, reducing costs through strategic coordination and contract analysis.
- Introduced software tools and process improvements to mitigate loss and drive operational growth.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Completed filings and upheld strict compliance with regulatory agencies and supervisors.
- Drove profit increases through market research and strategic asset management to meet dynamic industry conditions.
- Supported operations management, sales, and marketing efforts to increase revenue and overall financial health.
Internal Auditor
Deckers Brands
08.2014 - 04.2018
- Led initial engagement and scoping procedures in accordance with the annual audit plan through execution of the annual SOX Internal Control assessment
- Partnered with Business Systems Analysts to identify automation opportunities to streamline the month-end close process in support of ERP reimplementation efforts
- Processed risk scoping and analysis with financial/operational insights communicated business process owners to driver internal growth and continuous improvement initiatives
- Performed the annual walkthrough between 4 distribution centers and across wholesale and DTC sales channels validating the inbound (FG Inventory/Trade Purchase Orders) and outbound (Sales//AR) and COGS/Inventory) automated journal entries were recorded as programmed upon completion
- Reviewed quarterly reserve for returns obsolescence worksheets validating that the scope of methodologies performed were sufficient in scope, captured all inventory on hand at the balance sheet date, and booked reserved inventory fairly value with adjusting journal entries booked for the period
- Experienced reviewing IT application and security access controls, financial reporting, and financially impacting operational controls
- Presented results and recommendations to senior management to implemented generating over $1M in operation al savings.
- Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthroughs for compliance with documented processes.
- Developed auditing program to address risks and evaluate regulatory requirements.
- Reported audit findings, covering compliance issues related to International Financial Reporting Standards (IFRS) and corporate regulations.
- Investigated discrepancies discovered during auditing process.
- Trained newly hired business process owners to maintain proper controls through change management
- Handled supervisor duties when manager was unavailable or out of office.
- Guided departments in developing remediation plans based on audit findings and recommendations.
- Created and delivered risk management presentations to key decision-makers.
- Evaluated company's policies to determine how well standards adhered to best practices.
- Explained risk and compliance concepts to managers and executives.
Accounts Payable Assistant
Deckers Brands
06.2012 - 08.2014
- Processed full entry of invoices and for timely payment in
- Maintenance of vendor management system in adherence to company policy.
- Entered invoices requiring payment and disbursed amounts via check, electronic transfer or bank draft.
- Applied proper codes to invoices, files, and receipts to keep records organized and easily searchable.
- Kept vendor files accurate and up-to-date to expedite payment processing.
- Reconciled processed work by verifying entries and comparing system reports to balance numbers.
- Generated accounts payable reports for management review to aid in financial and business decision making.
- Investigated daily variances and corrected errors to resolve discrepancies.
Education
Bachelor of Arts - Economics And Accounting
UC Santa Barbara
Santa Barbara CA 05.2001 -
Skills
SoftLedgerRipplingOracleTableauExcel (Macros, VBAs, formulas, VLOOKUPs, etc)
Business Process Improvement
Strategic Financial Planning
Profit Maximization Techniques
Stakeholder Relationship Management
Cash Flow Management
Internal Controls Implementation
KPI Tracking
General Ledger Accounting
General Ledger Entry
Technology-Savvy
Business Forecasting
Account Reconciliation
Risk Management
Budget Planning
Investment Management
Investor Relations
Profitability Analysis
Organizational Skills
Stakeholder Communication
Financial Reporting and Analysis
Risk Mitigation
Strategic Planning
Financial Planning
Performance Metrics Evaluation
Compliance Monitoring
Regulatory Compliance
Account Analysis
License Number
128268
Certification
Certified Public Accountant, State of California, 2015
Degree
BA, Economics and Accounting
Software
Quicksight (BI)
SQL
Oracle
Blackline
APIs
Timeline
Head of Finance
Bitwage
04.2018 - Current
Internal Auditor
Deckers Brands
08.2014 - 04.2018
Accounts Payable Assistant
Deckers Brands
06.2012 - 08.2014
Bachelor of Arts - Economics And Accounting
UC Santa Barbara
05.2001 -