Donald Louie

Brooklyn, NY 11214 (917) 432-4902 ACCOUNTING MANAGER

SUMMARY
Results-oriented accounting professional in financial leadership roles with companies in the private sector. Well-rounded in different facets of accounting, payroll, and benefits. Increased bottom-line and efficiencies by reducing cost, solving problems, setting up controls and procedures. Trained and developed inexperienced personnel in accounts payable, cash application, collection, payroll, benefits, and software. Enjoys a fast-paced environment, new challenges, and the opportunity for continuous improvement. CORE COMPETENCIES Financial Analysis Accounts Payable Payroll (ADP and Paychex) Spreadsheets and Accounting Reports Cost Accounting Budgets & Forecasting Employee Benefits Collection Commissions Monthly Closings Metrics

LouieDonald@yahoo.com

PROFESSIONAL EXPERIENCE David Webb, LLC, New York, NY Accounting Controller 8/11-3/12 For a small jewelry company, primary responsibilities included multi-tasking in different facets in accounting, cash flow control, collection, payroll and benefits administration. Oversaw accounts payable, accounts receivable, cash application, intercompany transactions, monthly sales, and commissions. Saved 33% annual payroll processing cost by transitioning to bi-weekly payroll from one that was weekly. Setup initial books in QuickBooks when company was separated as a retailer and manufacturer. Prepared weekly and monthly sales report to study trends, customer sales, product sales. George Louie, CPA, Wantagh, NY 1/11-8/11 Part-time Consultant Assisted self-employed CPAs clients utilizing QuickBooks software in the preparation of bank reconcilations, financial statements, quarterly tax filings, workers compensation audits, and write-ups. Positive Promotions, Inc., Hauppauge, NY 1/01-8/10 Accounting Controller For a mail order company with a strong web presence that sells imprinted promotional products, spearheaded accounting, accounts payable, payroll, and benefits departments. Promoted in 2004 from Senior Accounting Manager to Controller for performance excellence. Launched companys budget reporting system enabling senior management and department heads to make decisions on seasonal employee hiring, inventory levels, investment in capital, and expansion of products. Prepared cost center reports and reviewed with department heads relevant deviations from actual costs to budgeted costs for reasons and corrective action. Implemented accounts payable controls to ensure timely payments. Solicited vendor discounts and increased discounts earned by 35 % or $50,000 in first year spearheading accounts payable department. Reduced yearly payroll processing costs $55,000 by taking lead in transitioning payroll provider from ADP to Paychex. This also includes orchestrating the companys first bi-weekly payroll for salaried employees. Strengthened control procedures in payroll processing as internal payroll auditor by verifying payroll prior to transmission and accountable for 1099s, W2s, bonus/commission payments, and quarterly tax returns.

Donald Louie

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Ultramar Travel Agency, New York, NY 1/00-1/01 Accounting Manager For a retail travel agency that is dependent on commission sales from airline tickets, hotel bookings, and car rentals, supervised accounts receivable, cash application, accounts payable, and financial reporting. Recommended and set up accounts payable and cash application controls to ensure accurate processing. Processed and resolved debit memos from airlines due to incorrect fares, contract disputes, and agent errors. Prepared and analyzed weekly branch sales reports for senior management and corporate office. Speedimpex USA Inc., Long Island City, NY 8/97-1/00 Assistant Controller For a foreign press distributor that imports newspaper and magazines, managed accounts payable, cash application, collections, and monthly closings. Reduced excessive returns from distribution of foreign press publications by recommending more prudent circulation of products. Identified and improved collections by implementing procedures in cash application and communication with customers via dunning letters and phone calls. Reconciled monthly publisher statements for payments of foreign press product. City & Suburban Delivery Systems (formerly Metropolitan News Co.) Long Island City, NY 2/87-7/97 For a New York Times subsidiary that distributes domestic newspapers and magazines, employed initially as Assistant Controller and assigned Payroll Manager position when company was sold. Managed payroll, accounts payable, and staff accountants. Payroll Manager - City & Suburban Delivery Systems 6/92-7/97 Supervised transitioning accounting and payroll systems that were integrated as a result of the buy-out. Advised labor relations counsel on compliance issues in relation to truck drivers union contract requirements. Directed the payroll department and ensured the timely processing of payroll, compliance with company policy, union contract, and tax requirements. Assistant Controller-Metropolitan News Company 2/87-6/92 Compiled and analyzed financial information to prepared financial statements in compliance with GAAP. Managed day to day operations of accounts payable and payroll personnel. Prepared bank reconciliations, income statement, balance sheet account analysis, payroll tax returns, and cash flow schedules. TECHNOLOGY MS Office (Word, Excel, PowerPoint) AS 400 MAS 90 ADP Paychex Macola QuickBooks EDUCATION

Bachelor of Science, Accounting- Brooklyn College, Brooklyn, NY