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| Audit, Accounting Management, CPA (campbell) |
| Hobbies & Kids : Radio Control |
| 03/15/06 |
Patricia A. Pruitt, CPA
Kings Court
Campbell, CA 95008-1943
408-379-7834(h) 408-813-2304(c)
Email: pgremlin@yahoo.com
SKILLS SUMMARY:
Progressively more responsible positions in finance and accounting, including internal (COSO, as used in Sarbanes Oxley) and financial audit, cost accounting (standard, job cost), financial analysis (see Mentor Graphics, Savi Technology & Claria), public accounting, budgeting and planning, intercompany issues and consolidations, supervision and general accounting (financial statements, reconciliations & analyses, Sales & Use Tax returns (various states), Property tax returns, revenue recognition (SAB101) and SEC Reporting, (10K, 10Q and other filings), mostly in high tech industries.
Skilled in negotiations, team and total quality management styles. Had security clearance in past.
Proven ability to analyze systems or procedures, and recommend (in written reports or audits) improvements for economy and efficiency.
Experienced with Microsoft Office Pro (primarily Excel & Word, also Visio, Powerpoint and Access), Oracle (v.11) implementation and use, SAP, GQL, Hyperion Essbase, QuickBooks, ADP Payroll, DataWorks (now Epicor - ERP implementation), ASK Manman, integrated business software system (ERP) selection & conversions (participated in three implementations), chairing HTML IS committees, Turbo Tax, statistical sampling software & analysis, and other specialized software.
EXPERIENCE and ACCOMPLISHMENTS:
2005-2006: Internal Controls Process Owner (SOX and Internal Audit related); IBM, San Jose, CA
Oversight for major process including risk assessment, process documentation, identification of control points and control activities, testing, root cause analyses and remediation plans, communications with users and others in the field. Usage of Lotus Notes, and other mostly proprietary software packages or tools.
Involved with Controls Rationalization
GCDB (global controls database) process owner: devised Action and Remediation Plans, wrote Root Cause Analyses
Oversaw the Americas (Latin America, Canada, US) for major process and controls
Marked Process, Controls and Testing as Final and Reviewed in the GCDB
Completed the Risk Assessment and Controls framework
Compiled monthly Metrics on Controls Testing Results, including follow up on out of threshold metrics
Completed end to end Process documentation including control points to be tested
Involved with KOCs (key operational controls) testing and SOX (key controls over financial reporting) testing
2002 - 2005: Contract positions in accounting, audit and finance, including Financial Analyst at Hewlett-Packard, Cupertino, CA; International Consolidations Accountant, Franklin Templeton Investments, San Mateo, CA, and General Accountant & Audit Prep at other companies, including Alien Technology, Morgan Hill, CA; Interim Controller, Peninsula Volunteers, Menlo Park; Sarbanes Oxley (Internal Audit) 404: AMD, Sunnyvale; Brocade, San Jose, CA; At Road, Fremont, CA; Chordiant Software, Cupertino, CA.
Sarbanes Oxley work on major processes (and sub-processes), including flowcharts, narratives, control matrixes, identification of control points and control activities, walkthroughs, detailed testing, gap identification and remediation steps to be performed. Processes covered include: revenue recognition (license, support, consulting for software and other industries), legal, credit and collections, sales/VAT taxes, accounts receivable and cash receipts, inventory, deferred revenue and sales invoicing, intercompany, and SEC Reporting.
Government cost accounting on complex Excel spreadsheet file using Discover and Oracle; audit preparation (PBCs) for smaller companies using Oracle 11i or Quickbooks. Calculated Deferred Revenue (tuition) schedules for audit preparation in addition to day to day general accounting functions.
Preparation (using Peoplesoft) of fiscal year end consolidated information and financial statements for 22 international investment entities, including currency conversions and notes.
Performed selected Balance Sheet account reconciliations and analyses (Cash, Accounts Receivable, Inventory, Deferred Income) related to Deferred Income issues for three years, using SAP and other company developed software tools for specific (BPN) HP program. Led and participated in weekly team meetings related to the status of the project.
2001 - 2002: Controller, LiveWorld (formerly Talk City), Campbell, CA; Public Internet Marketing Company
General oversight of General Ledger (using Oracle software), AP subsystem, AR analyses and collections, revenue recognition (SOP 97-2, SAB 101) issues (including deferred revenue, contract and legal analyses), Financial Statements, and cash position and analysis; responsible for all GL account reconciliations (including fixed assets and related physical inventory, payroll, investments, liabilities and equity related accounts) and analyses, period closings, tax, insurance and audit support, and special projects as needed for small public (including corporate narratives and SEC filings of 10K, 10Q) company. Managed and advised accounting staff (of eleven) and FP&A Manager. (Reason for leaving: corporate lay off)
2000 2001: Corporate Controller, Wireless Online, Los Altos, CA; Pre-IPO Telecommunications Company.
Oversight of Financial Statements and all activities related to them including foreign subsidiary (Israel) and transactions, intercompany issues, inventories, foreign consolidations, cash forecasts, reconciliations and analyses, period closings, coordinate and support audits for company; began standardizing and documenting (including steps and standard journal entries) the period close process and procedure; designed new intercompany reconciliation schedule; heavily involved with (GL) Oracle implementation (including setting up new GL chart of accounts, converted from QuickBooks, fixed asset analysis and conversion) from accounting perspective; supervised accounting staff. (Reason for leaving: corporate lay off)
2000 2000: Sr. Financial Analyst; (contract position) Claria Corp., Mountain View, CA; Recruiting Firm.
Financial and cost analyses, including revenue forecasts, staff productivity metrics, reviewing client proposals for accurate estimates, general accounting (QuickBooks - through financial statements) and budgeting/planning for recruiting firm specializing in staffing high tech and start up companies.
2000 - 2000: Audit Supervisor; Mohler, Nixon & Williams, CPAs, Campbell, CA; Public Accounting.
Performed various types of audits (using GAAS and COSO, similar to Sarbanes Oxley), including for profit, non-profit and a specialty practice in retirement plan (ERISA) audits. Audited private software company (start up) whose revenue streams were relatively new, determined revenue triggers, and drafted revenue policies. Supervised, advised, reviewed and planned for small staff. Utilized MS Office, and specialty audit practice and research software.
1998 2000: Sr. Financial Analyst; Mentor Graphics, Inc., San Jose, CA; Software Development Co. for the EDA Industry. Analyzed expense (budgets vs. actuals), sales order and revenue variances (analyzed orders pipeline) and trends related to historical and future (revenue and operating expense forecasts and reports) financial events; researched ad hoc questions from field related to San Jose based division; investigated Fixed Asset (FA including physical inventory) and Facilities issues, recommending changes to the FA process for better controls; prepared consolidated (from 5 locations throughout the world) quarterly forecasts and division financial information (including narratives, charts, graphs) for corporate reporting purposes; gave business segment financial presentations (using Powerpoint) at business unit staff meetings; used SAP, GQL, and MS Office software; had training in Essbase (Hyperion) software. (Reason for leaving: corporate lay off)
1997 - 1997: Assistant Controller; Arcom Electronics, Inc., San Jose, CA; Value Added Reseller (VAR) for Internet Products & Services. Financial accounting oversight, including cash management, corporate year-end audit preparation, account analyses and research, credit terms, sales tax, audit support and assistance, GL close and financial statements; MS Excel and Prelude accounting business software package. Supervised accounting staff. (Reason for leaving: corporate lay off)
1996 - 1996: Cost/Financial Analyst; Savi Technology, Inc. (a Texas Instruments company) Mountain View, CA; Radio Frequency Identification Tags
Calculated and maintained standard direct and overhead rates; analyzed product gross margins, cost variances and inventory for proper valuation; assisted with supervising finance/accounting staff and preparing financial statement package and management reports; designed cost and pricing models (including break-even analyses) for new and existing products or services; designed, reviewed and revised policies and procedures; prepared specialized analyses (e.g., warranty, obsolescence, excess inventory, labor) as needed; provided assistance to external auditors; assisted with implementation of integrated enterprise-wide software (DataWorks) system. (Reason for leaving: corporate lay off)
1988 - 1996: Senior (Internal) Auditor; DCAA, Sunnyvale, CA; Audit Services
Various types of audit reports (consolidated with information and audits from locations throughout the U.S., western Europe and other world wide locations) on primarily large corporations (mostly at Lockheed Martin; also at Westinghouse/Northrop Grumman, et al.), employing systemic internal control/risk assessment approach, using COSO, similar to Sarbanes Oxley and GAAS, financial and cost accounting standards, budgeting and planning, budget vs. actual metrics, milestone charts (related to project management), and other specialized criteria. Key position elements: Team oriented work groups; continuous process improvement; persuasive, logical communication and negotiation skills.
Recommended significant improvements (including video conferencing, cost saving travel contracts, cost justification procedures, specialized s/w to capture expense reports) in travel related processes and procedures, which were eventually implemented.
Received award for audit lead.
Auditor-in-charge on large audits; acting supervisor (about 13) when needed.
Auditee implemented major recommendations (including pay frequency change & use of electronic tools, such as wire transfers) made in payroll systems and procedures (operations) audit.
Functions reviewed included financial systems/statements, internal controls, contract cost proposals (estimates/budgets), variance analyses, inventory issues, overhead rates (incurred cost audits), corporate operations (operations audits), labor and/or material processes, compensation systems, internal accounting related, and software system/implementation audits. Reviewed, recommended or suggested new integrated business (financial and/or manufacturing) software packages and procedural/process improvements to corporations. Proficiency with MS Word, Excel, statistical sampling and analysis, TurboTax, specialized PC based software (e.g., dBase, EZQuant (statistical sampling, analysis & reporting), TAP (tailored audit programs), research regulations), email and web browsers.
Prior to 1988: over 10 years experience in Financial and Cost Accounting in Corporate Industry, including 3 years in Public Accounting at Proprietary and Partnership firms.
EDUCATION and CERTIFICATIONS:
Certified Public Accountant (CA active status); CGFM
B. S. - Business Administration - Accounting
San Jose State University, San Jose, CA; Graduated Magna Cum Laude
Majored in Information Systems concurrently for one year; completed course in Music Business (mostly contract related) in Fall 1991.
Member: CalCPA, AICPA, AGA; active in: Institute of Internal Auditors (COSO), ISACA, ASWA, IMA
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