The Client was a healthcare startup acquired by a large, publicly traded company and was one of two acquisitions completed that same year. As a result of the merger, the three entities operating under systems, processes, organizational structure and geographic locations were to consolidate to create efficiencies and financial savings.
I had the opportunity to build out the Client’s accrual process to meet month-end close and financial reporting requirements by the parent company. There were many moving parts, and the results materially impacted the financials. So during this transition, I managed the accruals process to ensure reported numbers were accurate, complete and submitted on time. After implementing new procedures – such as quarterly meetings with department heads, tracking completion status of all projects and services, confirming estimates with vendors and confirming accruals with our own entities – management had better visibility into the financial statements, particularly when performing variance fluctuation analysis in each reporting period.
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Thanh is an active CPA with more than 12 years of accounting experience in the entertainment industry. Prior to 8020, she worked as a Senior Manager of Corporate Financial Reporting at Lionsgate Entertainment. Previous companies she worked at include NBCUniversal, CBS Television Distribution and New Line Cinema. During her career, she has had experience in corporate financial reporting and consolidation, SEC reporting, financial analysis, system implementation and month-end close. Thanh holds a B.A. in Economics from the University of California at Los Angeles.
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