Ella Li CPA

· Completed journal entries, reconciliations, and account analysis to prepare monthly and quarterly financial documents and general account management.

· Completed year-end closing processes with controllers and external auditors.

· Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.

· Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.

· Provided timely and accurate financial data to senior management, enabling informed decision-making based on reliable data.

· Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.

Use Monarch and excel as analysis tool to prepare external audit documentation and financial reports to assist management in operational planning and key decision making

• Improved financial reporting accuracy by streamlining the month-end closing process and implementing efficient reconciliation procedures.
• Simplified complex financial concepts for non-financial stakeholders through clear presentations, fostering better understanding of company performance metrics.
• Optimized cash flow management by implementing an efficient accounts receivable system, decreasing outstanding balances and improving liquidity.
• Prepare bi-weekly payroll and various T slips and summary to CRA
• Enhanced internal controls by evaluating existing protocols and making recommendations for improvement to upper management.
• Development of annual budgets by accurately projecting revenues and expenses based on historical trends and future projection·
• Managed and train junior staff, providing guidance and mentorship to ensure high-quality work outputs were achieved consistently.
• Ensured compliance with regulatory requirements by staying up-to-date on tax laws and filing accurate reports on a timely basis.
• Contributed to a positive company culture by actively participating in team-building events, sharing knowledge, and fostering strong working relationships with colleagues.
• Prepared working papers, reports and supporting documentation for external parties.
• Liaison with CRA for any inquires

· Managed journal entries, reconciliations, and payroll processing.

· Managed banking reconciliations and monthly balance sheet statements and income statement

· Completed bi-weekly payroll for company employees and T slips and summary to CRA.

· Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.

· Streamlined month-end closing procedures resulting in reduced processing time without compromising accuracy or completeness of the reports generated.

· Monitored budget allocation and expenditures to enforce compliance with company policies.

· Ensured compliance with tax regulations by preparing accurate federal, state, and local tax filings on time.

· Optimized cash flow management through careful analysis of accounts receivable, accounts payable, inventory levels, and working capital requirements.

· Assisted executive management in making informed business decisions with accurate ad-hoc financial analysis as needed.

· Developed and maintained system of internal controls to prevent fraud

· Liaison with CRA for any inquires

• Performed bookkeeping and bank reconciliations
• Prepared working papers and reconciled GST, PST
• Prepared financial statements and corporate tax returns
• Assisted in process of the review engagement and prepare related working paper
• Prepare various T slips and personal tax returns