Daniel Vance, CPA
Senior Corporate Accountant / CPA
Professional Summary
Licensed Certified Public Accountant (CPA) with 6+ years of progressive corporate accounting and financial reporting experience across high-growth SaaS and manufacturing enterprises. Accelerated the monthly general ledger close cycle from 10 to 4 business days across 5 corporate subsidiaries using Oracle NetSuite and FloQast. Expert in US GAAP technical compliance, including ASC 606 revenue recognition, ASC 842 lease accounting, and Sarbanes-Oxley (SOX 404) internal controls. Coordinated 4 external Big 4 audits resulting in zero material weaknesses, and conducted monthly budget-to-actual variance analysis identifying $620,000 in operational cost reductions.
Technical Skills
Work Experience
- •Directed monthly, quarterly, and annual financial close processes in Oracle NetSuite, reducing close cycle duration from 10 business days to 4 business days across 5 consolidated legal entities.
- •Prepared technical accounting workpapers and journal entries for ASC 606 revenue recognition across multi-element SaaS subscription contracts totaling $85M in annual recurring revenue (ARR).
- •Implemented ASC 842 lease accounting standard in NetSuite, capitalizing $14M in operating right-of-use (ROU) assets and corresponding lease liabilities with zero opening balance adjustments.
- •Spearheaded annual Big 4 financial statement audits and quarterly reviews, preparing complete audit PBC (Provided by Client) schedules and achieving clean audit opinions with zero material weaknesses.
- •Authored monthly budget-to-actual financial variance analyses and executive presentation decks for the CFO, identifying $620,000 in redundant SaaS licensing and consulting expenditures.
- •Automated balance sheet reconciliation workflows using FloQast and advanced Excel Power Query, saving the accounting department 25 hours per monthly close cycle.
- •Reconciled 14 high-volume corporate bank accounts, accounts payable (AP) subledgers, and prepaid asset schedules representing over $28M in monthly cash disbursements.
- •Executed bi-weekly payroll journal entries and intercompany elimination reconciliations for 450 corporate and plant employees in SAP S/4HANA.
- •Enforced Sarbanes-Oxley (SOX 404) internal controls over cash disbursements, wire transfers, and capital asset depreciation schedules.
- •Collaborated with tax advisors on multi-state sales tax returns (Avalara) and federal corporate income tax (Form 1120) supporting schedules.
- •Identified and corrected an unresolved $85,000 inventory reconciliation discrepancy through physical cycle counts and standard cost variance modeling.
Selected Technical Projects
Led financial system configuration and historical contract migration to automate multi-year SaaS contract revenue recognition.
- •Eliminated 18 complex offline Excel spreadsheets by establishing automated performance obligation revenue rules in NetSuite ARM.
- •Reduced quarterly revenue recognition audit review cycle time by 40%.
Audited $32M in property, plant, and equipment (PP&E) assets across 3 regional manufacturing facilities.
- •Decommissioned 140 fully depreciated obsolete assets, optimizing property tax filings and saving $45,000 in annual property taxes.
- •Synchronized book depreciation (GAAP straight-line) and tax depreciation (MACRS) schedules.
Education
University of Illinois at Urbana-Champaign – Gies College of Business, Champaign, IL (2014 - 2018)
Beta Alpha Psi Accounting Honor Society, 150-Hour CPA Licensure Track Completed.
Certifications
- Certified Public Accountant (CPA) – Illinois Board of Examiners (#065.319842)
- Oracle NetSuite Certified Financial User
- QuickBooks Online Certified ProAdvisor