Experienced Audit, Compliance & Governance Professional
A versatile governance, compliance and audit professional with ten years of progressively increasing responsibilities in Enterprise Risk Management Assessment (ERM), risk-based annual audit planning, Sarbanes-Oxley Sec. 404 compliance, IT general controls rationalization, project management, internal controls remediation plan development, and regulatory compliance.
Expertise includes enterprise risk assessment, audit planning and documentation, controls design and assessment, risk mitigation workflows, Enterprise Resources Program (ERP) implementation (Oracle R12), IT controls and governance, process implementation, compliance and interpersonal relations skills.
SouthWest Water Company, Los Angeles, California 2006-2011
Director, Internal Control
Managed compliance and audit functions for a leading public utility and service provider with $229 million in revenues, 1,230 employees and operations in ten states.
Developed and implemented the ERM initiative, ensuring the annual audit plan was effectively calibrated to the organization’s risks for materiality, exposure and priority.
Designed and managed the Sarbanes-Oxley compliance program in four states with 45 control owners and up to six co-sourced internal auditors.
Member of the Business Advisory Committee involved in the selection process of a new corporate ERP system (Oracle Applications), including E-Business Suites (EBS) to promote more effective decision support systems and improve decision-making, centralize control and reduce resource requirements.
Led the design and implementation of Oracle’s Internal Controls Manager (ICM) and was instrumental in reviewing, assessing and validating the Conference Room Pilot (CRP) as well as the User Acceptance Testing (UAT) results and documentation. Analyzed Segregation of Duties (SOD) combinations and developed change control processes to ensure the standards established by the finance and operations groups were addressed.
Redesigned the Information Technology General Controls Compliance Program, eliminating the reliance of outside services. This saved $100,000 annually and enhanced the effectiveness of the control environment, and increased process and controls ownership and accountability.
Supported the Director of Regulatory Affairs in preparing a general rate case. Uncovered and reported a questionable accounting treatment of fixed assets to the Chief Financial Officer initiating the financial statement restatement.
Selected as Chairperson of the newly formed Controls Committee to lead the material weaknesses remediation effort as disclosed in the SEC form 10-K.
Documented and standardized the assessment process, resulting in 26 detailed process narratives and 325 identified key controls.
Appointed by the Audit Committee to develop sound procurement practices for external audit services.
Tarrant Apparel Group, Los Angeles, California 2004-2006
Director of Corporate Compliance
Directed the implementation of the Sarbanes-Oxley compliance program for a prominent apparel company with $232 million in revenues.
Developed and implemented the ERM initiative, ensuring the annual audit plan was effectively calibrated to the organizations risks by materiality, exposure and priority.
Designed and executed the Sarbanes-Oxley compliance program in the Los Angeles and Hong Kong offices, utilizing a risk-based approach to focus on areas of greatest risk to financial reporting.
Led a cross-functional team that documented key business process narratives, flowcharts and key controls based on the ERM throughout the company.
Identified sub-standard and defective finished goods during a quality control audit, exposing a sub-standard supplier.
Signature Healthcare Services, LLC, Pasadena, California2003-2004
Manager, Senior Living and Properties
Managed residential operations and financial reporting for a senior living facility with 86 residents and an operating budget of $2.5 million. Supervised 18 staff members.
Developed a business growth strategy, which included the construction of an additional assisted living facility that complemented the senior living division, increasing the occupancy rate by 9%.
Designed and managed key performance indicators for all departments and developed the annual budget. Provided and counseled each department with its budget allocation and implementation.
Managed and reported the facility’s operating and financial reports, including budget versus actual, payroll, vacancy rates, and marketing and housekeeping expenses.
Negotiated new vendor contracts and payment terms for supplies and services, realizing a 10% discount and improved terms.
Arden Group, Inc., Compton, California 2002-2003
Manager of Internal Audit
Managed internal audit and compliance functions for a public grocery store chain with $490 million in revenues and 18 stores located throughout Southern California.
- Performed the supply chain process audit, identified redundancies, and reduced store receiving labor by 60%.
- Assessed petty cash management as well as returned check procedures, and instituted new guidelines and controls that identified potential exposure/loss.
CB Richard Ellis, Inc., El Segundo, California 1999-2001
Senior Internal Auditor (1999-2001)
As lead team auditor, reviewed audit reports for the world’s largest international commercial real estate services company with $1.2 billion in revenues. Conducted internal operational and financial audits for all lines of business throughout the United States, Canada and Singapore.
Uncovered more than $1 million in overpayments in broker commissions and expenses.
Served as principal auditor of Accounts Payable, Accounts Receivable, Information Technologies and all other back-office departments.
Evaluated operations compliance with company policies and procedures.
Reported directly to the Chief Executive Officer and Board of Directors, regarding audit results and recommendations for branch offices and administration departments.
Senior Analyst, Planning and Forecasting (1999)
Coordinated and finalized the budget process for all domestic and international lines of business, including chart of accounts and allocation tables.
Evaluated and updated the company’s accounts payable ready reference and department hierarchy chart of accounts.
Instrumental in testing and publishing the budgeting process for the proprietary online library.
Prestige Stations, Inc. (Subsidiary of Atlantic Richfield Company), La Palma, California 1994-1999
Senior Analyst/Development Team Leader (1997-1999)
Responsible for training and managing 187 Arco and AM-PM stores with a team of five managers and 26 field supervisors for a wholly owned subsidiary of a $27 billion energy company. Stores were located from Paso Robles to Long Beach, California. Developed and administered a $2.2 million development budget.
Designed and implemented processes, which eliminated redundant processes and instituted improvements in the training and development of personnel, resulting in $1.8 million in labor savings.
Developed cost analyses and profit implementation programs, advising franchisees and corporate-owned facility operators on how to increase sales and margins.
Supervised and coordinated random and weekly audits of retail locations, emphasizing accountability for high-turnover inventory items.
Developed implemented and monitored a training program for transitional field employees.
Field Supervisor (1994-1997)
Supervised company-owned, South Bay region Mini-Mart facilities, including management of 11 facility managers and 98 customer service assistants.
Developed and implemented a South Bay region sales growth strategy, resulting in a 12% annual net profit increase.
Instrumental in the development of a company-wide labor-hours program, resulting in $1 million in savings the first year.
Ensured compliance with federal, state and local environmental, and health and safety regulations.
Supervised and integrated operations management of 60 newly acquired gas stations and stores.
Active in recruiting university-level candidates for the company’s Management Development Program.
Oracle, SAP, JD Edwards OneWorld and Hyperion
Owned and operated Marina AutoSound in Marina del Rey and Santa Monica for nine years. The business provided professional sales and installation services for aftermarket automobile audio and performance products. Managed all aspects of business operations, including accounting, P&L analysis, payroll, staffing, training, marketing, inventory and cost control.
Pepperdine University, Malibu, California
Master of Business Administration, 2000
Bachelor of Science, Management, 1994
Certified Internal Auditor (CIA) #96764, State of California
Certified Information System Auditor (CISA), sitting for the June 2011 examination
The Institute of Internal Auditors (IIA), San Gabriel Valley Chapter
Information Systems Audit and Controls Association (ISACA), Los Angeles Chapter