Resume

Randolph Yadao CPA

Work Experience

K2 Energy Solutions (Private) – Lithium battery manufacturer focused on engineering and design of lithium battery cells and battery systems for medical, industrial, and defense applications

Controller, 09/17-09/19

  • Part of management team that ended 8 consecutive quarters of net losses with first profitable quarter in Q1 2019
    • This was accomplished via product repricing, renegotiation of terms with both suppliers and customers and increased production capacity while simultaneously decreasing overhead
  • Transitioned accounting system from Quickbooks to Epicor ERP system
  • Implemented internal controls and improved processes to utilize ERP system
  • Produced annual audit report and managed annual audit process, including SEC filings in preparation for planned offering
  • Prepared annual budget and interim analytic reports and responsible for cash flow forecasting
  • Managed team responsible for full close cycle and all related functions (general ledger, treasury, AR, AP, payroll) and reviewed monthly financials
    • Reduced time to close from 25 to 15 days
  • Supervision human resources function

Aruze Gaming (Private) – International entertainment company that designs and manufactures slot machines and other electronic gaming devices for the global casino gaming industry

Global Financial Reporting Accountant, 02/16-09/17

  • Prepared full financial reporting package for annual audit report
  • Managed various projects related to preparation of audit/tax analysis and initial public offering
    • Business valuations, transfer price reporting, tax restructuring, due diligence
  • Reviewed monthly consolidation of global business entities
    • Intercompany eliminations and analysis of intercompany transactions
    • Global balance sheet and income statement

Dronesmith Technologies (Private) – Las Vegas based startup that creates software and hardware tools for the development of applications in the unmanned aerial vehicle (UAV) industry

Chief Financial Officer, 03/14-02/17

  • Developed business plan and financial models for presentation to potential investors
    • Won the 2014 Southern Nevada and NAPEC business plan competitions with initial plan
  • Presented financial information to management and Board of Directors
  • Managed financial accounting and treasury functions

Wyndham Worldwide (NYSE: WYN) – International hospitality and vacation ownership corporation generating annual revenues of $5 Billion

Staff/Senior Accountant Wyndham Vacation Ownership, 03/13-7/15

Senior Accountant III

  • Managed team of 3 senior accounting clerks responsible for:
    • The wire and AP function totaling an average of $70 million per month
    • 50% of the journal entries and account reconciliations for the department’s largest business unit by volume
  • Reduced journal entry volume by 40% through entry consolidation
  • Automated journal entries related to monthly wire processing
  • Supported manager and analyst in preparation of annual budget and monthly forecast
  • Maintained staff accountant responsibilities listed below

Staff Accountant II

  • Handled the accounting function for multiple business units related to Club products within Wyndham Vacation Ownership
  • Prepared and reviewed monthly financial statements for assigned units
  • Worked in a deadline-oriented environment for the month end close process and the monthly analysis and reconciliation of varied balance sheet accounts, including multiple bank accounts with monthly activity totaling $30 million

Caesars Entertainment (NYSE: CZR) – International gaming corporation generating annual revenues of $8.5 Billion

Accountant General Ledger, 07/11-03/13

  • Handled the accounting function for multiple properties of varying types (hospitality and gaming)
  • Worked in a deadline oriented environment for the month end close process and the monthly analysis and reconciliation of varied balance sheet accounts with activity up to $40 million
  • Built excellent working relationships across multiple properties and departments by providing a very high level of service to our internal customers with accuracy and in a timely manner
  • Developed teaching materials to increase the efficiency of the onboarding process and trained new accountants

License and Education

CPA License # 35852 – Washington State Board of Accountancy

Master of Business Administration, Focus in Accounting and Entrepreneurship (May 2014)

  • University of Nevada Las Vegas – Lee Business School

Bachelor of Business Administration, Dual Major Accounting and Finance (May 2011)

  • University of Hawaii at Manoa – Shidler College of Business

Relevant Skills

  • Passed CFA Exam Level 1 (12/2019)
  • Proficient in using Microsoft Office Suite (Excel, Word, Access, PowerPoint)
  • Experienced with various accounting systems PeopleSoft, Epicor, Sage, Infinium (AS400), Quickbooks
  • Experienced with supporting finance systems Blackline account reconciliation system, Capshare capitalization table management software and various POS systems