Hello, I'm Andrew Chung.
Hello! My name is Andrew, and I am a Accounting/Finance professional (CPA) and have been working in this space since 2015. I am currently a contractor, as a Fractional Controller & Interim Controller, for two companies and am growing my consulting practice. I started my career in Public Accounting (w/ KPMG) and have spent the last ~9 years working in the private sector - as a Senior Associate, then promoted to an Assistant Controller, then to a Controller. I specialize in working with small to medium sized businesses in establishing U.S. GAAP-compliant accounting processes and procedures, ultimately, to help business owners reach their goals. I have worked for companies ranging from $3M in annual revenue to $45M in annual revenue - and have been the head of accounting/finance for these respective companies. I have led two companies through successful exits, garnering strong EBITDA multiples (above industry averages) when deciding to take on external investors, or outright selling their business. I focus on establishing a strong, working relationship with key stakeholders - ensuring that their needs are met, no matter how complex. My work is meticulously planned and easy to document. I take the complexity of Accounting regulations and allow my partners to focus their efforts on actually operating their companies. I am not afraid to "do the dirty work", to ensure that your goals and milestones can be accomplished. At the end of the day, with my services, you can expect to (successfully) pass an external audit, with NO adverse (negative) audit opinions. I would be happy to send a copy of my updated resume, for your reference! Here are some of my basic qualifications: EDUCATION: Syracuse University (Class of '15) - Bachelor's of Science in Accounting - Bachelor's of Science in Finance George Mason University (Class of '16) - Master's of Science in Accounting WORK EXPERIENCE: MECA Corp. (My Consulting Practice - Washington, D.C. Metro Area) Jan. 2024 to Current (FOUNDER) - Offers "Fractional Controller", "Fractional CFO", and "Outsourced Accounting" services to a number of clients. DeepSig, Inc. (Arlington, VA) Nov. 2021 to Dec. 2023 - Brought in as the 1st (internal) Accounting/Finance professional to establish the firm's Accounting division. - Structured the department with an emphasis on open communication - delegated relevant tasks & responsibilities amongst team members. - Responsible for consolidating, generating, and reporting IFRS 10-compliant financial statement packages to the Board of Directors. - Spearheaded the implementation of ASC 606 - worked directly with other department heads, ensuring that all new customer contracts were compliant. - Developed a new pricing strategy for the company’s new flagship product, OmniSIG, utilizing tiered & feature-based principles to leverage first-mover advantages in the market. TechOps Specialty Vehicles (Annapolis, MD) Jan. 2018 to Nov. 2021 - Oversaw all daily accounting operations for the business such as the month end close, cash flow management, budgeting & forecasting, and financial reporting. - Developed and implemented a set of standard operating procedures, policies, and internal controls to ensure compliance with U.S. GAAP reporting requirements. - Proactively identified cost reduction opportunities and orchestrated a financial turnaround strategy that improved cash flow by 25%, year-over-year. - Oversaw the implementation of a new ERP System, (Sage Intaact), optimizing the data migration process and composing a new Chart of Accounts. KPMG (Vienna, VA) Aug. 2015 - Jan. 2018 - Provided financial and compliance consulting services to two large, publicly traded clients: one SaaS company, as well as a preeminent government contractor. - Worked directly with the clients’ internal accounting teams on identifying, analyzing, and proposing solutions to the potential effects of ASC 606 implementation existing/new customer contracts. - Drafted substantive audit opinions for review - technical accounting memos, methods utilizing cost and control testing methods, records of consultation for mergers & acquisitions due diligence, goodwill impairment amounts, and more. - Reformatted large data sets, utilzing advanced Excel functions, then transposed them onto client workpapers; closely worked with Senior staff to revise, edit, and finalize copies.
Details
- Location
- Years of Relevant Experience10-15 years
- Seniority LevelExecutive
- Consulting Rate100
- Highest Level of EducationMasters
Current / Most Recent Job Title
Controller
Current / Most Recent Employment
Sojourn LLC
Industry
Specific Jurisdictions That I'm Qualified In or Can Cover
Professional Membership / Certification
CPA - Certified Public Accountant (Virginia, Washington DC, Maryland, California, New York)
Skills
- Extensive experience working with Microsoft Excel (received the "Excel Expert" certification from Certiport, a PearsonVUE company). - Please ask me for my resume for my formal list of ERP systems/software that I have experience with!