Lily Chen, Cma

Lily Chen, Cma

Assistant Controller @ CollegeNET

About Lily Chen, Cma

Lily Chen is an experienced Assistant Controller at CollegeNET in the Portland, Oregon area, where she has worked since 2011. With a background in corporate financial accounting and reporting, she has held various accounting roles and has a strong proficiency in multiple accounting software.

Work at CollegeNET

Lily Chen has served as the Assistant Controller at CollegeNET since 2011, accumulating over 13 years of experience in this role. Based in the Portland, Oregon area, she is responsible for filing state sales tax returns and processing payroll. Additionally, she assists with annual budgeting, 401K audits, and financial audits. Chen plays a key role in preparing consolidated financial statements and managing month-end close processes. Her expertise in corporate financial accounting and reporting enables her to contribute effectively to the financial health of the organization.

Previous Experience in Accounting

Before joining CollegeNET, Lily Chen held several accounting positions that contributed to her professional development. She worked as an Accountant III at Regence BlueCross BlueShield of Oregon from 2004 to 2009, where she gained significant experience in financial accounting. Prior to that, she served as the Accounting Manager at Brake Team for one year in 2010. Additionally, she worked as a Personal Banker at Wells Fargo Bank for one year in 2003. These roles provided her with a solid foundation in accounting practices and project team leadership.

Education and Expertise

Lily Chen earned her Bachelor of Arts degree in Business Administration with a focus on Accounting from Portland State University, studying from 1992 to 1994. Her educational background supports her extensive experience in corporate financial accounting, statutory financial reporting, and financial performance analysis. Chen has developed a strong proficiency in various accounting software, including Microsoft Dynamics, PeopleSoft, Great Plains, MAS90, Oracle, ADP Payroll System, Sage, and QuickBooks, enhancing her ability to implement and improve accounting processes.

Accounting Process Improvement

Throughout her career, Lily Chen has successfully implemented and improved accounting processes and best practices in both large public companies and smaller entities. Her experience in project team leadership has allowed her to develop effective accounting procedures that streamline operations. At CollegeNET, she helps team members address day-to-day operational questions and manages various projects and reporting tasks, contributing to the overall efficiency of the accounting department.

Technical Skills and Proficiencies

Lily Chen possesses strong technical skills in various software applications essential for accounting and financial reporting. She is proficient in Microsoft Excel, Word, Outlook, and PowerPoint, which are critical tools for data analysis and presentation. Her extensive experience with accounting software enables her to navigate complex financial systems and perform detailed financial analyses, further supporting her role as Assistant Controller at CollegeNET.

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