VCG Managing Partner | Phillip Lam

Phillip Lam

Managing Partner

Almost two decades of experience in consulting, private, and public accounting.
Began his career at Ernst & Young LLP (EY) in Assurance Services (Audit).
Consulted for companies with market caps of one billion dollars or more with everything from risk assessment to accounting for mergers & acquisitions (M&A).
Held leadership roles in financial reporting, accounting, and forecasting.
Served private and public clients in biotechnology, consumer products, real estate, technology, asset management, aerospace, and hospitality.
Expert in US Generally Accepted Accounting Principles (US GAAP), Sarbanes-Oxley (SOX) Section 404 internal controls, and operational processes.

Analyzing and implementing complex technical accounting, including leasing, revenue recognition, stock based compensation, fair value, debt, contract accounting, business combinations, VIE, and consolidations.
Identifying, selecting, and implementing accounting systems, policies, and process controls.
Assisting clients with preparation and submission of SEC S-1 filings, quarterly and annual financial filings (10-Q and 10-K), and SOX 404 internal controls testing.
Preparing and reviewing monthly accounting close process, comparative financial statement analysis, reporting packages, and account reconciliations.
Preparing monthly, quarterly, and annual financial statements with all required disclosures and footnotes.
Financial forecasting, analysis, and budgeting.
General ledger clean-up including reviewing GL data, identifying issues, and making corrections.
Vast experience with complicated, multi-entity legal structures, and related intercompany transactions and reporting.
Operation and management of partnership reporting and legal / tax compliance.
Experience with Quickbooks, Yardi, and Oracle.

University of Washington, Michael G. Foster School of Business - BA in Business Administration and Master of Professional Accounting.