Ken Wong (Fractional CFO)

sFoundation

* Fractional CFO in helping founders with their company finances and accounting books
* Companies are in SaaS, AI, fintech, healthcare, gaming, and IoT
* Helping more than 20 startups with financial projections, metrics, budgeting, and operations in long-term fractional CFO engagement
* Managed cap tables, term sheets, funding processes, and venture capital deals
* Developed actual processes and procedures based on the final decision from various financial models and implemented them to achieve the desired goals
* Year-end tax preparation for CPA and IRS
* Bookkeeping through Quickbooks Online 
* Coached about 160 startups in various funding stages on their financials & operations
* Growth and scales through financial projections and financial modeling
* Coding with Bubble.io technology

Fractional CFO | Bookkeeping

Venture Capital Roundtable - Silicon Valley

Member

Spectra Staffing, Inc

* Managed the Finance & Accounting, H.R., and I.T. Department for a fast growth startup
* Developed a Standard Operating Procedures (SOP) for eight branches
* Performed financial risk analysis by looking at various internal/external risk factors
* Managed the entire PEO process for the company payroll
* Negotiated with multiple funding sources to keep company cash flow in check
* Managed eight staff across various departments

Zooka Creative

* Prepared all accounts, ledgers, and reporting systems, ensuring GAAP compliance
* Managed the financial affairs of this $4M company, advising the CEO on the financial implications of business activities and providing cash flow projections
* Led development of continuous evaluation of short and long-term strategic financial objectives and developed financial models by forecasting and identifying capital and staff requirements
* Handled all payroll, A/R, A/P, and periodic government remittances

Controller

Teaneck Business Services Inc.

* Prepared business tax returns for federal and local governments
* Processed full-cycle bookkeeping journal entries and organized all supporting financial documentation, as well as analyzed historic financial comparisons
* Modeled 1/5/10yr financial projections and budgets for customers

Business Consultant / Accountant

Pearcy & Co.

* Prepared corporate tax returns and GAAP-compliant financial reports for corporations
* Exported trial balance and financial statements from QuickBooks into CaseWare and adjusting journal entries; generated Notice to Reader Financial Statements
* Full-cycle Quickbooks data entry and bookkeeping

Staff Accountant

McIntosh Metal Processing Inc.

* Investigated a financial fraud by a formal employee through forensic accounting
* Analyzed usage of fuel and welding gases, as well as benefit plans and loan interests, processes, and cost structures, saved ~$9,250 monthly; increased productivity by 6%
* Part of a team that successfully implemented ISO9001
* Managed all A/R and A/P, including bookkeeping

Various Companies

* SQL and Exchange server engineer at Microsoft/Volt
* AS/400 and Windows NT & IIS server engineer at AIG
* Internet and cyber security specialist at Mykonic Consulting
* Migration and project manager at Corporate Software & Technology
* Support engineer at Merrill Lynch

Various I.T. roles

I have 18 years of progressive finance & accounting experience and 15 years of information technology (including coding) experience. Here are some of the results I have achieved as a CFO/fractional CFO:

* ARR growth from $3.5 million to $14.5 million
* Savings of $20K in taxes due to Balance Sheet errors
* Identified a $98K error in Profit & Loss
* Improved a HealthTech founder's time management by 18%, no more unsustainable 60 hours weeks-on-end
* Re-aligned staffing responsibilities and improved overall company productivity by 23%
* Solved my clients' non-finance departmental problems by connecting them with other fractional CXOs
* Advised a startup in raising a seed of $1.3 million

* Fractional CFO in helping founders with their company finances and accounting books
* Companies are in SaaS, AI, fintech, healthcare, gaming, and IoT
* Helping more than 20 startups with financial projections, metrics, budgeting, and operations in long-term fractional CFO engagement
* Managed cap table, term sheets, funding processes, and venture capital deals
* Developed actual processes and procedures based on the final decision from various financial models and implemented them to achieve the desired goals
* Year-end tax preparation for CPA and IRS
* Bookkeeping through Quickbooks Online, Xero, and a few other accounting software 
* Coached about 160 startups in various funding stages on their financials & operations
* Growth and scales through financial projections and financial modeling
* Coding with Bubble.io technology

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