Lucas W. Koh, CPA, MBA

International freight forwarding services company; Business Magazine Inc.'s “5000 Fastest-Growing Privately-Held Companies in the U.S.” $50M revenues; 70+ employees worldwide

• Head of Finance & HR; reporting to CEO
• Demonstrated importance of gross margins to executive team through detailed margin analysis; took immediate steps to increase margins, resulting 3% increase over past 12 months
• Created budgets, forecasts; debt, cash flow, job profitability schedules not previously used to increase visibility and forward-thinking strategy
• Put proper controls in place around cash, AR, AP, & payroll; created accounting policies and procedures manual
• Shortened monthly close cycle to 5 business days from 15
• Trained and mentored team of 5 direct reports

PE portfolio company - lighting manufacturer/distributor for major 5-star hotels & casinos worldwide; >100 employees

• Maintained close relationships with private equity investors & senior management to become a common link, working through capital structure issues, M&A opportunities, company performance, long-term growth & valuation strategies
• Restructured GL, performed business process reviews, worked closely with consulting firm & COO to lead implementation of company-wide ERP system from Sage 100 to Sage X3
• Developed & employed labor tracking system which led to accuracy of job/inventory costing, labor utilization analysis & efficiency in scheduling
• Constructed comprehensive monthly financial reporting package to present past financial performance, changes in forecast, budget variance analysis, job profitability, labor utilization, pipeline & sales opportunities to private equity investors & senior management
• Made over $1M in pre-audit adjustments to net income/retained earnings upon arrival; resulted in zero audit adjustments & unqualified opinion by top accounting firm on first, second, & third year audits
• Successfully changed accounting method for revenue recognition from completed contract to percentage-of-completion for audited financial presentation while maintaining separate set of books for completed contract to satisfy management objectives/preferences
• Negotiated best rates with multiple carriers & insurance brokers on health/dental/life, workers comp, & business insurance ensuring adequate, legally compliant coverage
• Hired, trained, improved, managed efficient first-rate accounting department including corporate controller
• Executed accurate monthly close in single-digit days; stark improvement from no formal monthly close

$5B publicly traded; S&P 500 company, NYSE

• As head of finance & HR successfully spearheaded company acquisition by S&P 500 publicly traded company; presented credible, compelling quality data & financial forecasts delivering multiple of 19x earnings
• Initiated change management procedure which standardized project managers' dashboards across organization making job costing, revenue recognition and project management more accurate & efficient
• Built/managed network of intricate Excel workbooks company-wide; improved revenue recognition, forecasting, and project management based on percentage-of-completion method of accounting
• Constructed monthly financial reporting package; led monthly financial meetings with executive management while giving valuable input on ways to positively impact growth & profitability
• Worked closely with executive management & project managers weekly, presenting data & suggestions to maximize employee utilization, directly resulting in higher revenues up to 30% monthly
• Set up new subsidiary manufacturing company; set up new chart of accounts, filed legal documents with state, implemented new MRP system, QuickBooks, managed inventory & COGS
• Formed/maintained lasting relationships with outside vendors, bankers, insurance brokers, software providers, attorneys, CPAs, landlord & outside consultants while negotiating competitive rates
• Developed/strengthened internal controls; established policies and procedures for financial & operational improvement
• Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations

World’s largest hair restoration clinic, subsidiary of Aderans Co Ltd; Tokyo Stock Exchange

• Modified monthly financial reporting package to share with Bosley executives & Aderans, parent company listed on Tokyo Stock Exchange
• Managed patient financing, giving new insight to management on lending rates by financing companies to maximize credit limits & approval rates
• Performed complex calculations of monthly sales rep commissions using Excel workbooks, timely & accurately
• Trained & developed accounting staff on accounting principles and company procedures

Public accounting firm - specialties include tax credits, restaurants & retail

• Supervised planning and fieldwork of financial statement audits, reviews & compilations of more than 10 entities ranging in size from $5 million to $200 million while making numerous adjustments to ensure that financial statements were compliant with GAAP
• Received recognition from key client for assisting in financial planning and analysis by discovering and analyzing significant causes of unusual fluctuations between reporting periods and budget

Top 25 public accounting firm nationwide

• Led planning, fieldwork & reporting of over 30 financial statement audit engagements for clients ranging from $5 million to over $150 million in various industries
• Exercised strong leadership skills in supervising fieldwork of complex audit engagements while delivering superior work quality with timeliness, evidenced by excellent performance evaluations & promotion
• Received several awards for exceeding expectations during busy seasons in 2007 & 2008; recognized for working late to meet client deadlines, consistently stepping into leadership roles & delivering high quality audit files

Top management & technology consulting firm, $7B publicly traded; NYSE

• Awarded for continuously exceeding weekly billing targets, helping to decrease accounts receivable days from 60 to 51 days for fiscal year 2006
• Provided exceptional client service during interactions with both internal and external clients resulting in outstanding annual performance assessment and promotion