SHARON LEE
Summary
Strategic Vice President of Finance offering progressive career history in industry. Motivating team leader coaching and mentoring high-performance individuals to achieve success. Proven talents in planning and execution to exceed business goals. Experience in various industries including Government Contracting, Technology, SaaS, Manufacturing, Non-Profit, Consulting, Hospitality, Corporate Services.
Overview
20
20
years of professional experience
Work History
Vice President of Finance & Accounting
Invictus International Consulting
Alexandria, VA
07.2018 - Current
- Revitalized business plans and realigned company objectives to increase overall profits.
- Monitored business trend forecasts and adjusted budgets and operational plans to maximize growth and opportunities.
- Collaborated with department heads to develop comprehensive business plan and presented financial forecast with recommendations to CEO.
- Cultivated and maintained industry relationships and customer partnerships to capitalize on opportunities and maximize business success.
- Identified cost-saving opportunities in vendor management and renegotiated contracts for $2.5M in annual savings.
- Managed all financial modeling and planning activities to prepare for intensive growth phase of company.
- Elevated revenue opportunities, supporting operations and sales.
- Coordinated with external auditors for annual audits.
- Reviewed monthly financial performance results against budgeted targets.
- Evaluated current financial systems and procedures in order to identify areas for improvement.
- Designed internal control systems to ensure compliance with applicable laws, regulations and policies.
- Oversaw cash flow forecasting and management processes.
- Advised senior management on best practices in financial operations, risk management, capital structure optimization.
- Created financial models to evaluate potential investments or divestitures.
- Monitored banking relationships including credit lines and other financing activities.
- Developed strategies for improving working capital management.
- Ensured compliance with all relevant federal and state regulatory requirements related to finance operations.
- Negotiated contracts with vendors or suppliers related to finance operations.
- Maintained strong relationships with external stakeholders such as bankers or auditors.
- Supported business acquisitions by performing due diligence and leading integration of financial functions.
- Oversaw annual financial audits in partnership with external auditors.
- Leveraged trends in customer industries and marketplaces to shape solutions and approaches.
- Provided organizational leadership and collaborated with executive partners to establish long-term goals, strategies and company policies.
President & CEO
SAS Solutions
Leesburg, VA
11.2016 - Current
- Led startup and opening of business and provided business development, creation of operational procedures and workflow planning.
- Developed and managed brand identity in new market launches.
- Administered day-to-day operations, including accounting and budget management, business development, performance metrics and customer service.
- Cultivated and maintained positive working relationships with employees, executives and other stakeholders.
- Directed business-wide changes to modernize procedures and organization.
- Commits the Company with the values the Company is founded upon to provide quality products & services to every customer.
Senior Finance Executive - Consulting Various
SAS Solutions, LLC
Leesburg, VA
11.2016 - Current
- Led staff of finance professionals in the development of financial plans and forecasts.
- Provided guidance on capital expenditure decisions related to acquisitions or expansions.
- Developed policies and procedures for all aspects of the finance department.
- Advised executive management on strategic decisions related to mergers and acquisitions.
- Completed month-end and year-end closings, kept records audit-ready and monitored timely recording of accounting transactions.
- Checked payroll, vendor payments and other accounting disbursements for accuracy and compliance.
- Created and updated financial reports on frequent basis to present information to leadership teams.
- Maintained regular performance appraisals for subordinates through verbal, written and on-going review programs.
- Managed relationships with tax authorities, bankers and auditors.
- Coordinated approval or rejection of lines of credit or commercial, real estate or personal loans.
Regional Financial Controller
Sodexo USA
Gaithersburg, MD
03.2015 - 11.2016
- Oversaw financial reporting, accounts payable and receivable, asset coordination, account management and budgets.
- Created internal controls and corrective actions to reduce risk or deficiencies.
- Updated billing procedures to improve overall efficiency and reduce accounts receivable.
- Monitored accounting, payroll and financial reporting activities.
- Prepared and presented annual fiscal and business plans.
- Directed and coordinated company financial management and budget administration for 9 business segments worth $ 120 Million.
- Reorganized finance and accounting departments to improve efficiency and cut excess spending.
- Maintained general ledger and chart of accounts, performed complex accounting functions such as journal entry preparation, account analysis, balance sheet reconciliation and preparation of quarterly financial statements.
- Led annual financial audit and preparation of support for audited financial statements.
- Reviewed account reconciliations and journal entries and resolved discrepancies to maintain record and account accuracy.
- Managed accounts payable and receivable and developed yearly budgets.
Lead Corporate Accountant
SMS
McLean, VA
10.2013 - 12.2014
- Reduced closing time for monthly and quarterly close by implementing new consolidation procedures.
- Investigated and resolved discrepancies in monthly bank accounts.
- Assisted Corporate Controller with month-end and year-end close activities, including annual reporting.
- Investigated and resolved billing issues to maximize cash flow and minimize liabilities.
- Reviewed government financial documentation as part of DCAA audits complying with FAR Act of 2012.
- Closely monitored income and expenses to prepare accurate financials.
- Aligned all financial activity with GAAP regulations and standards.
- Supported efficient accounting operations with high-quality administrative support.
- Liaised with auditors to complete annual audits and maintain compliance with local, state and federal requirements.
Divisional Accounting Manager
DDIC
Anaheim, CA
02.2005 - 09.2013
- Reduced financial discrepancies through budget monitoring and fiscal funding oversight.
- Reviewed and approved contracts, expenditures and purchase orders.
- Reviewed accounts and reached out to delinquent customers, resulting in influx of more than $350k in first 3 months of employment.
- Conducted strategic journal review spanning 12 months.
- Developed, updated and implemented procedures to handle cost controlling and long-term management.
- Handled accounting operations such as updating journal entries, pursuing collections and reconciling accounts.
- Built and collaborated with high-performance accounting team to meet all yearly requirements.
- Increased revenues by 15% by developing codes for accounting tasks including cost estimation and revenue generation.
- Supervised department's budgeting and accounting, decreasing overall spending 20% due to implementation of cost savings process.
- Interfaced with technical team members to automate processes and streamline accounts payable and receivable activities.
- Calculated and determined accurate monthly revenues by reconciling and reviewing operations databases and accounting system records.
- Supervised accounting tasks, which included accounts payable and receivable, general ledger management and expense reporting oversight.
- Collaborated with finance and accounting departments to deliver comprehensive financial information to facilitate decision making for management, stakeholders and parent company.
- Supervised team of 4 accountants for the company, training employees on best practices and cultivating strong financial forecasting.
- Produced accurate and compliant financial statements, reports, documentation and budget frameworks.
- Delivered actionable recommendations to enhance strategic direction and day-to-day accounting operations.
- Oversaw cash flow, controlled costs and financial matters.
- Evaluated and approved billing invoices and expense reports to monitor and ensure cash flow and cost containment.
- Developed budgets, prepared forecasts and monitored financial deadlines.
- Organized financial information and modeled data for trend forecasting.
Education
Bachelor of Arts - Economics
University of Virginia
Charlottesville, VA06.1999
Skills
- Revenue generation
- Financial leadership
- Cost control
- Strategic planning
- Policy development
- Revenue growth
- Operations oversight
- Strategic business planning
- Defining company vision
- Executive leadership
- New business development
- Team building and leadership
- Audit preparation and response
- Financial reports
- Financial statements expertise
- Business process improvement
- Internal controls implementation
- Cross-functional team leadership
- Cost-reduction strategies
Affiliations
Volunteer for Local Program Outreach
Languages
English
Professional
Chinese (Mandarin)
Professional
Chinese (Cantonese)
Professional
Accomplishments
- Rising star award for Finance Professional 2019 in the Washington DC Metro Area
- Volunteer Awardee in Orange County, Florida 1994-1995
ERP Systems Proficiency
- ERP Systems Proficiencies include - Unanet, Paradigm, Netsuite, Costpoint, MS Great Plains, Quickbooks, Aplos.
References
References available upon request.
Timeline
Vice President of Finance & Accounting
Invictus International Consulting
07.2018 - Current
President & CEO
SAS Solutions
11.2016 - Current
Senior Finance Executive - Consulting Various
SAS Solutions, LLC
11.2016 - Current
Regional Financial Controller
Sodexo USA
03.2015 - 11.2016
Lead Corporate Accountant
SMS
10.2013 - 12.2014
Divisional Accounting Manager
DDIC
02.2005 - 09.2013
Bachelor of Arts - Economics
University of Virginia