Golden Source Corporation Work Values

Daily Duties at Golden Source Corporation:

Oversee monthly/quarterly and annual financial reporting which includes financial statement presentation of Balance Sheets, Income Statements, Statements of Cash Flows, and Statement of Retained Earnings. Also a critical contributor to the Budgetary, Financial Analysis, tax and audit functions of this financial software company with offices in New York, Mumbai, London, Austria, Boston, Australia, China and Singapore. Managed a team of ten within the Finance Department. Responsible for general ledger accounting, accounts payables/receivables, purchasing and collections. Prepared monthly/quarterly/annual balance sheet schedules. Performed monthly bank reconciliations. Developed and maintained cash flow forecasts. Compiled annual financial footnotes and narratives. Direct general ledger reviews. Administer VAT returns as well as sales, commercial rent and payroll tax reporting; interface with government agencies to resolve tax issues. Confer with outside CPA firm to address and resolve audit shortcomings. Work with HR on the benefit committee. Perform Headcount and Time-off Accrual Audits each in conjunction with HR. Audit and review HR related financial bills for United Healthcare, MetLife, Spectera and other HR/Benefit providers. Manor contributions included but not limited to: • Developed and instituted internal controls, including AP Controls, Cash, Software, Payroll Management and Software Revenue Recognition, to ensure compliance with Sarbanes-Oxley provisions. • Analyze expenses and budget variances by division, design financial reports and present financial packages to the Board, investors, senior management, divisional managers and Executive Committees. • Automated payroll administration functions and processes, including an on-line system allowing employees to review and make changes to past payroll records and W2 forms, reducing costs by one-third in comparison with paper-delivered payroll materials. • Conduct cross-training in accounting areas for ten people to include accounts payable/receivable administration, general ledger and information systems. • Introduced new functionalities to accounting practices, increasing productivity. Used Integration Module for Excel to provide automatic uploads of general journal entries into financial software systems. Converted financial reporting systems to F9, a simple software system using Excel as an integration platform. Functionalities helped reduce the 10-15 business day end-of-period closing process by half. • Designed and implemented a modernized HC report to incorporate all personnel data. • Provide management with a detailed HC report each month and quarter. • Provide assistance with the Pipeline reports to management by providing HR with a detailed Time-Off balance listing. • Recruited and established a cross-functional team in all aspects of accounting in the Mumbai India region. • Implemented a functional office unit in the Australia Region. • Implemented a full accounting system in Australia and Singapore. • Handled all FX and Translation adjustment accounting for global transactions. • Manage all day to day cash needs of the business as well as manage the cash flows and payments via a global banking system. • Involved in all operational time reporting and billing of clients based on these reports. • Assist in all License Contract reviews around Software recognition and preparation of Software Revenue Recognition Checklists making certain that proper revenue recognition is applied according to SOP 97-2. • Directly involved in all international and regional tax matters and State Audits for Sales tax and Department of labor audits. • Worked closely with auditors and handled the 401K and other benefits audits and timely filings of the 5500’s. • Handle all global payroll matters, making payments and coordinating functionality on a global basis for all regions which included U.S., Singapore, China, India, Australia, Italy, UK and Austria. • Critical resource for all PWC Audits. Was the focal point for coordination and driving the audits to a timely completion.

What they like about Golden Source Corporation:

The social vibrance of a hiring firm is very important to you. Your ability to make and maintain friendships there is a critical part of your decision. You would likely be dissatisfied with a workplace that is quiet, cold, or otherwise not particularly social. When you investigate a new hiring company, ask recruiters, managers, and potential co-workers about the social life and opportunities there. This is especially important when you are relocating; moving dramatically alters your social sphere both inside and outside the workplace.

Tags

Budgeting, Financial Statements, Analysis, Forecasting, Corporate Taxation, Global Financial Experience

Skills

P&L responsibilities, Technology Solutions, Sales Support, Software Implementation, Requirements Analysis & Specification, Leadership , Software Expert

These are some of the questions we asked our climbers about their experiences with Golden Source Corporation: