Summary
Overview
Work History
Education
Skills
Timeline
Generic

Hanho Choi

Tappan,NY

Summary

Strategic and seasoned professional with 15+ years of comprehensive experience in financial management, operational leadership, and team supervision. Skilled in financial analysis, process improvement, risk Management and HR management. Proven track record in developing innovative solutions and improving efficiency.

Overview

28
28
years of professional experience

Work History

CFO/CHRO

IN2U, INC/IN2U HR LLC
02.2023 - Current

Finance/Accounting

  • Led new ERP implementation to reorganize financial reporting structure and to manage operating performance in multiple states.
  • Oversaw operation policy and process innovation driving standardized workflow set up in each client site.
  • Implemented cost center and detailed pass-through calculation logic by state to enhance accuracy of markup structure for ROI analysis.
  • Enhanced internal control for key activities in admin team such as invoicing and reconciliation through system integration and automation to reduce material weakness of manual process.
  • Reconciled Federal, State, and Local taxes and set up procedure to review correct UI rates and withholding by payroll service vendor.
  • Handled Labor Dept Audits by preparing documentation and correcting contracts based on compliance with State Regulations.

HR/Compliance Management

  • Led new HR/Payroll Processing platform implementation with Payroll vendors and successfully launched new integrated system.
  • Controlled the national compliance efforts across multiple states ensuring adherence to Federal, State, Local and IRS requirements in HR and finance domains.
  • Directed restructuring initiatives across divisions and departments, leveraging Team leaver workshop, P&L analysis and Regional Projections.
  • Improved workforce management from Onboarding to Termination processes by establishing HR Committee to defined and measure KPIs.
  • Reorganized HR Master Data with correct mapping in the system to make efficient data management for enhanced analysis and Dashboard.
  • Revised policies and procedures based on employee categories per State compliant with local regulation and updated company handbooks.
  • Managed Strategic HR Planning to align business growth and demand from operation by forecasting headcount and seasonal needs.

Operation Support

  • Led warehouse operation BPO projects in GA, TX and PA (Consumer Electronics, Solar Panel Mfr. Clients)
  • Consulted warehouse operation process for the clients to enhance OSHA compliance and risk management of legal liabilities.
  • Managed hiring process of warehouse staff and performance review to stabilize initial set up for new warehouse.

Senior Professional - Governance & Process Audit/NAHQ Customer Care Division (US & Canada)

Samsung Electronics America
06.2013 - 02.2023

Process Innovation/Risk Management

  • Drafted and Supported e-coupon program for exchange & refund process with E-com and Finance team to enhance customer retention and processing TAT.
  • Led EOL Project in terms of exchange & refund by setting up integrated system process for Galaxy Gear VR, ADT IoT products, etc.
  • Led Process Design and implemented Global Non-Charge Part distribution process for B2C and B2B parts supply (THD, BBY, Lowes, Builders)
  • Streamlined B2B Dealer Support Policies (Special Warranty, No Charge Parts) and applied operation systems to align the service level with the clients contracts.
  • Oversaw Product Liability handling process for Galaxy Note 7 Recall from Risk Management perspective and followed up 350 PL Insurance Claims with law firms and legal team.
  • Set up PL Unit retrieval process covers nationwide with Samsung Fire & Marine Insurance to analyze the damaged device within the time frame for insurance claim.
  • Implemented Mobile Service Network Audit report solution through a customed 3rd party app and reduced the report lead time from 2 weeks to 48 hours. (Ubreakifix, Brand Stores, Carrier Repair facilities)
  • Rebuilt Mobile inventory control structure including seed stock and exchange stocks to reduce inventory loss and enhanced inventory forecast and control in the division.
  • Implemented Dealer Portal System for Home Appliance Clients such as Loew’s, Home Depot, Costco, and PC Richard & Son to expedite B2B claims for consumer support from nationwide stores. (Automated ticket creation and lead time reduction for shipment)
  • Managed Customer engagement procedure by guide such as Decision Tree, Trouble Shooting guide in the CS system and update system workflow as needed.
  • Streamlined internal process from customer experience perspective and reduce customer interaction TAT through process automation. (Warranty Claim, Refund, Exchange processes)

Governance & Compliance : (Operation, HR, Procurement, Process)

  • Facilitated Data validation with PI Team and HQ to ensure consistency and accuracy. (Data for Warranty, Claim, Customer Master, Refund etc)
  • Managed Policy & Procedure set up in each business unit based on HQ guide (Vendor Contract, Facility Management, Operation Process etc)
  • Coordinated annual contract renewal process with Service Admin team for 3,000 repair vendors nationwide.
  • Oversaw compliance management in the US and Canada in terms of Consumer Privacy, Safety, and Internal process.
  • Managed all System improvement requests from operation teams based on the data flow and integration status and was in charge of final approval for development. Monitored redundancy and budget control.
  • Restructured inventory management teams in Mobile Division to enhance efficiency and forecast logistics accuracy for carrier support and exchange lead time reduction.
  • Oversaw call center agent and vendor technician hiring process in US and Canada by adding qualification guidance such as background screening, language qualification which reduced customer complaints.
  • Established Semi-annual workshops among team leaders in the US and Canada to share best practices and manage KPI for division.
  • Managed Samsung Cultural Index (SCI) in the division to enhance teamwork, work life balance and loyalty to the organization.
  • Assessed training needs and coordinated new employees training of division in the US and Canada based on functionality and managed monthly training programs with HR and HQ in Korea.
  • Led Policy committee for escalation working level to leadership level based on intensive knowledge of process and recommend solutions.
  • Monitored overtime control of each team using direct and indirect outsourced employees and reassigned supervision structure to save labor cost.
  • Administrated Learning & Development Division Target by assigning training programs to employees aligned with HQ and HR Team.
  • Coordinated with North America Process Innovation Team and administrated as final approver all system improvement inquiry based on holistic process knowledge.

Business Process Audit/Internal Audit

  • Managed annual audit plan for US and Canada service operation based on risk based priority.(Procurement, Consumer Refund, Call Center operation, etc)
  • Monitored consumer fraud risk regarding warranty claim, exchange & refund in a regular basis using internal warranty health monitoring systems.
  • Managed repair facility audits based on HQ Guideline and redesigned audit items for local needs to enhance internal control.
  • Oversaw Home Appliance and Home Entertainment Installation Process through regular audit and Ride along, and created Criteria as regular audit item for North America.
  • Supported process and fraud audits driven by HQ for subsidiaries in N.A. (Mobile, Home Appliance, and LED Subs)
  • Managed annual field audit for Mail-in Repair facilities (Mobile, TV) and In-Home Repair servicers (Home Appliance) using internal resource and 3rd party audit companies, more than 400 audits per year to enhance safety and quality control.
  • Led ad hoc project as internal consulting for different functional areas in the company (Part Operation, Exchange, Return, Call Center Operation)
  • Prepared regular and ad hoc executive reports for HQ and NAHQ.
  • Led Product Liability Insurance Claim handling process audit with Insurance company with Legal Counsel, and resolved multiple fraud cases regarding Note 7 Recall.
  • Set up Annual audit plan for US and Canada operation in terms of risk management regarding Warranty Claim, Consumer Fraud, and Internal Control.
  • Led Service Process standardization among three different subsidiaries in North America (Mobile, Consumer Electronics & Samsung Canada).
  • Led Compliance Audit for 1st tier vendors in terms of Labor Law, OSHA, Contract Execution to monitor Media exposure risk by vendors.

Strategic Planning

  • Prepared regular and ad hoc executive reports for HQ and NAHQ.
  • Worked as liaison between North America and HQ in terms of communication for special task force and projects driven by HQ.
  • Coordinated division MBR, QBR for leadership presentation.
  • Managed Division MBO review of each team with HR and supported Executive MBO evaluation per HQ request.
  • Oversaw Business activities of each functional area and monitored the progress of the annual achievement target and its KPIs.

Managing Director

Acrex, Inc.
01.2011 - 05.2013
  • Led Strategic HR Planning by Job analysis and aligned organization structure based on company strategy to meet the target.
  • Restructured Retail division due to business shut down decision by HQ and successfully defended litigation from former employees.
  • Implemented ERP System (Microsoft Navision-Dynamics) for organization and clear workflow efficiency (Apparel Retail & Wholesale)
  • Analyzed sales plan and other activities sufficient funding and budgeting
  • Coordinated Brand portfolio for wholesale by procuring new designer brands from Europe.
  • Supported financial reporting for Avista(HQ), Inc with converting GAAP to IFRS.
  • Followed up Chapter 11 process and all litigation with local law firm per HQ decision to close US Operation.

Controller

Acrex, Inc.
01.2008 - 12.2010
  • Managed and oversaw new business launch of Retail Division in the States (Retail Store, Ecommerce)
  • Completed merger between parent company and start-up Denim Manufacturing and Distribution Company
  • Oversaw the operations of the accounting, financial, retail, and wholesale departments including the design of an organizational structure adequate for achieving the department’s goals and objectives
  • Oversaw the accounting/financial operations of a subsidiary in NJ, concentrating on their control system, transaction-processing operations, as well as adapting our policies and procedures
  • Coordinated the provision of information to external auditor for the annual audit
  • Comply with local, state, and federal government reporting requirements for tax filing
  • Led the development, implementation, and administration of HR policies and programs that support organizational objectives, including succession planning, compensation and benefit, HR Policies, compliance and regulations, and employee engagements
  • Managed litigation related to Labor law claimed by former employees and successfully defended company by providing clear documentation and procedures
  • Controlled all HR related tasks including but not limited to processing payroll, benefit plans, and all employee documents.

Accounting Manager

Royal Sovereign International, Inc.
01.2006 - 12.2007
  • Oversaw monthly financial reports and analyzed P/L for each account and product line.
  • Reconciled B2B Client RMA and Open A/R to clean up old pending transactions. Reduced 50% bad A/R from Major national retailers.
  • Improved process of registering return credits for customers and accrual basis for A/P posting.
  • Managed part fulfillment online sales operation and reconciled all payment and promotions.
  • Analyzed monthly future cash flow based on the A/R payment schedule and experience rate.
  • Managed Account Receivable Collections and weekly report for bad accounts.
  • Led Information System (MAS 200) customization based on internal work flow and educated people in regular basis for new features in the system.

Market Research Analyst/Marketing Team

Hanssem Corporation
01.2004 - 12.2005
  • Analyzed geographical sales performance of dealers based on account type, average business volume (Builder, Contractor Markets)
  • Analyzed competitors brand power and market share in Tri-State area to set up target marketing segment for sales increase
  • Managed quality control project with production department to reduce returns and claims from customers. Accomplished return rate from 17% to 9% in two months.

Accounting Team - Strategic Management Division

LG U+ (Former LG TeleCom, Ltd.)
01.1997 - 05.2000
  • Analyzed performance of the company compared with competitors; compared financial statements, average revenue Per user, churn rate, and EBITDA of major players of Korea’s telecomm industry
  • Developed PPS (pre-Paid Service) system; improved billing system by introducing new service concept first in Korea and Attracted more than 300,000 customers; allowed customers to pay the bill by rechargeable pre-paid card without subscription
  • Co-developed Firm Banking System (FBS); redefined financial process of remitting to dealers and other connections, and interlocked FBS with other systems
  • Co-developed Lease Contract Management System for Cellular Network Antennae Installation; developed a new information system to manage Site and Location Data from various teams and reduced one month of task to three days
  • Supervised HR and finance budget plans for 27 operating centers nationwide.

Education

Master of Science - Business Management

University of Arizona
Tucson, AZ
08.2004

Master of Science - Management

University of Wisconsin - Madison
Madison, WI
05.2003

Bachelor of Arts - Business Administration And Management

Korean University
Seoul, Korea
02.1997

Skills

  • ERP Implementation and System Process Design
  • Business Process Analysis
  • Risk Management
  • Employee Engagement
  • Compliance, HR Policy
  • Organizational Development & Design
  • Accounting & Finance
  • Budgeting
  • In progress of SHRM SCP Certification in 2024
  • In progress of Certified Internal Auditor (CIA) Exam in 2024
  • Completed basic certification for SOX 302, 404, COSO 2013

Timeline

CFO/CHRO

IN2U, INC/IN2U HR LLC
02.2023 - Current

Senior Professional - Governance & Process Audit/NAHQ Customer Care Division (US & Canada)

Samsung Electronics America
06.2013 - 02.2023

Managing Director

Acrex, Inc.
01.2011 - 05.2013

Controller

Acrex, Inc.
01.2008 - 12.2010

Accounting Manager

Royal Sovereign International, Inc.
01.2006 - 12.2007

Market Research Analyst/Marketing Team

Hanssem Corporation
01.2004 - 12.2005

Accounting Team - Strategic Management Division

LG U+ (Former LG TeleCom, Ltd.)
01.1997 - 05.2000

Master of Science - Business Management

University of Arizona

Master of Science - Management

University of Wisconsin - Madison

Bachelor of Arts - Business Administration And Management

Korean University
Hanho Choi