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Susan Powell

Business Mgmt graduate from University of Redlands, pursuing MBA at Cal State University San Bernardino and working as Assistant Controller at Confidential-Corona, CA.

Headline: Entrepreneur
Skills: Business, Entrepreneurship, Management
Groups: CSUSB Fast Pitch Competition 2009, CSUSB Student Fast Pitch Competition
Interested in: Brainstorming, Finding business partners, Finding cofounders, Finding team mates, Meeting new people, Professional opportunities, Promoting my startups, Recruiting for my startup
Schools: California State University System - San Bernardino, University of Redlands

WORK EXPERIENCE

Employer: Confidential-Corona, CA
Position: Assistant Controller
Time period: January 2006 - December 2008
Description: Responsible for reporting corporate financial position to senior management, department heads, and outside performance group. Managed cash to ensure company viability in an industry susceptible to seasonal highs and lows. Worked with department managers in multiple locations to develop budgets and analyze departmental performance. Recognized for bringing “quality” the accounting department.

• Financial Statements – Provided financial statements for multiple locations with precise departmental allocation on a monthly basis – achieving a 3-5 day closing period.
• Supervised Department – accounts payable, cash management, contract administration, general ledger, collections.
• IT – Responsible for mapping software for accurate composite reporting. Became a resource to other IDS users in the industry due to successful mapping techniques.
• Banking and Cash Management – developed relationships with banks to open opportunities for better financing. Successfully determined areas where cost savings could be made and implemented procedures to recognize those savings.
• Legal – responsible for managing contracts, initiating liens, and working with attorneys on collection issues.
• Information Integrity – ensure checks and balances were in place throughout the organization. Develop and implement standard operating procedures for accounting functions.

Employer: Confidential – Corona, CA
Position: Accounting Manager
Time period: January 1995 - January 2006
Description: Principle duties included the supervision of accounting staff, preparation of financial statements and management level reports according to GAAP, reporting to taxing authorities and banking institutions, financial and operational analysis of multi-division company and affiliates. Played key role in the planning and conversion/implementation of new software system.

• Supervision of all aspects of accounting – Accounts Receivable, Accounts Payable, Payroll, Billing, Credit and Collections, Human Resources, General Ledger, Fixed Assets
• Preparation of financial statements and management reports – Provided reports to key managers in sales, marketing, operations, and distribution on a regular basis. Prepared financials by cost center to upper management and principles for both main company and its affiliates.
• Taxes & Banking – Responsible for timely filing of all taxes and permits with the exception of the corporate income tax return. Reconciled accounts and prepared bank reports, meeting all covenants. Responsible for corporate representation in audits, which all resulted in favorable outcomes.
• Financial & Operational Analysis – Developed strategies with other team members to help the company grow in revenue from 6 million to nearly 30, with focus on cash availability during rapid growth period. Implemented a budgetary process, inclusive of both international and domestic applications.

Employer: Confidential – Temecula, CA
Position: Accounting Supervisor
Time period: January 1991 - January 1995
Description: Supervisor in a small office environment of accounts payable, accounts receivable, billing, and collections. Responsible for preparation of financials and administration of payroll.
• Supervision of small staff in medical office.
• Bank Reconciliations
• Responsible for payroll administration, taxes, and workers compensation.

EDUCATION

University: University of Redlands
Degree: Business Mgmt , BSc

University: California State University System - San Bernardino
Degree: Accounting, MBA

University: California State University System - San Bernardino
Degree: Entrepreneurship, MBA

INFORMATION

Memberships: • Memberships – MWBE, Auto Sound/Electronic Accessories Credit Association, and American Institute of Professional Bookkeepers (AIPB), Intuit Advisory Panel, Information Systems Audit and Control Association (ISACA)

Susan's Startups (2)

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  • The Biz Brains

    accounting and marketing teams for small business entrepreneurs

  • The Budget Buddy Company

    The Budget Buddy is a smart phone application that will liberate you from the budgeting process. Using a web platform with OCR technology embedded, images are captured, expenses are catagorized and can be printed or exported to Quickbooks, Excel, etc

Susan's Contacts (1)

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  • Chalance Williams

    Assistant Director of Integrated Technology Transfer Network (ITTN) at Cal State University San Bernardino