CAREER SUMMARY ¡V FINANCE EXECUTIVE
CFO Leadership ¡V Management Team - Controller ¡V Strategic Planning ¡V Budgeting & Forecasting - Systems Implementations - International Experience ¡V Consumer Packaged Goods & Manufacturing Media/Broadcasting - Information Technology - Big 4 Public Accounting ¡V Tax Compliance ¡V Audit - CPA
A results-oriented, multi-disciplined Finance Executive with seventeen years of experience in financial management, accounting, tax and general business operations across various industries and disciplines. A solid record of significantly improved operational and financial performance through the design/implementation of process refinement, innovative systems, expense reduction, restructuring and talent development. A proven record of exceptional accomplishments that include executive decision-making, defining and execution of strategic objectives, and skilled leadership of global teams.
BUSINESS EXPERIENCE
BLACK ENTERTAINMENT TELEVISION - Washington, DC 04/04 - 02/06
A wholly owned subsidiary of Viacom, Inc., BET is the nation¡¦s leading television network providing quality entertainment, music, news and public affairs programming for the African-American audience. Annual revenues of approximately $500 million.
Vice President of Financial Planning & Analysis Managed the process and preparation of Long-Term Strategic Plans, Annual Operating Plans, Quarterly Forecasts, Cash Forecasts, Capital Forecasts, complex analysis, new business opportunities, and various analysis regarding programming, sales, and non-financial information.
„« Improved the processes for development and review of the Operating Plans, Quarterly Forecasts, Cash Forecasts, and Capital Forecasts. Increased the reliability, accuracy, and speed of information available for Sr. Management. „« Developed key business performance metrics and trend analysis to support the decision-making process of the business operations. Instrumental information that enabled the business to meet or exceed performance targets. „« Provided consultation to Department Heads on financial trends, fulfillment of objectives, and identifying business performance improvement opportunities. „« Identified and implemented new Financial Planning & Analysis system. „« Facilitated the process to develop a Long-Term Strategy with the Management Team. The strategy provided a clear and definitive focus for growth, operational synergies, expansion, and a response to growing competition. „« Provided communication to Viacom Corporate Sr. Finance Management Team regarding the financial performance, forecasts, and strategy of the business.
MARS, INCORPORATED - McLean, VA 07/94 - 03/04
A privately held consumer packaged goods business operating in over 65 countries. Core business operations in Snackfood, Petcare, and Main Meal Food. Annual revenues of approximately $18 billion. Fast-track promotions through a series of increasingly responsible roles.
Supply Service & Finance Manager - Masterfoods USA, Hackettstown, NJ 08/02 - 03/04 CFO/Controller responsibility for the Supply Finance Department of Masterfoods USA Chocolate Division. Managed all strategic, financial, and operational matters of Supply Finance including compliance with accounting controls, internal and external financial reporting, and ensuring that all accounting requirements were met in an accurate and timely manner.
„« Supply P&L responsibility of $3.7 billion in revenues and $1.6 billion in raw materials and conversion costs. „« Developed and implemented formal manufacturing business and expense review process (Star Chamber) with operations management that yielded significant conversion cost reductions and operational efficiencies. „« Developed and implemented Manufacturing Unit Performance & Reporting Metrics. The Manufacturing Units met or exceeded performance and cost targets since introduction. „« Represented the Finance function on the team that developed and implemented a new ¡§Filled Bar¡¨ strategy for the Chocolate Division. Strategy generated significant cost reductions by creating a much improved production and logistics model as well creating an environment to produce ¡§nut allergen free¡¨ products. „« Restructured manufacturing finance organization to support new business model that required a reduction in overall staff in conjunction with increased responsibilities. Restructuring completed within three months with measurable value to the Chocolate Division. „« Direct management of Plant Controllers and Finance Teams at five manufacturing sites in the United States and advisory role to Canadian site. Staff of approximately 60. „« Member of team that developed and implemented the Finance Management and Recruitment program (FineStart). The program provided the vehicle for talent acquisition, management training, and retention.
Global Service & Finance Director - Information Services International, Mt. Olive, NJ 12/99 - 07/02 CFO/Controller responsibility for the Global IT Division of Mars, Incorporated. Member of the Global Management Team; managed all strategic, financial and operational activities for the IT Division including compliance with accounting controls, internal and external financial reporting, and ensuring that all accounting requirements were met in an accurate and timely manner. „« Operating cost responsibility of $300 - $500 million. „« Requested by Corporate CFO and Controller to join the global IT management team to assist with the transition to a global IT division. „« Led complete reorganization of regional finance teams into a global finance team. Included implementation of new accounting and financial planning systems as well as development of new business processes to support a global organization. „« Member of team that developed and implemented global systems strategy for Mars, Incorporated. „« Developed IT Business Performance & Reporting Metrics. Division met or exceeded performance and cost targets since introduction. „« Developed strategic objectives, managed the forecasting processes and had approval authority for all IT projects and programs. „« Direct management of Regional Finance Managers and Finance Teams in the Americas, Europe, and Asia Pacific regions. Also responsible for facilities and administrative management. Staff of approximately 50. „« Served as member of Mars, Incorporated Global Finance Leadership Team.
Corporate Business Planning Manager - Mars, Incorporated, McLean, VA 12/97 - 11/99 Managed the global corporate planning process for development of Strategic Plans, Operating Plans, and the Monthly Business Reviews. Managed the overall planning process for Mars, Incorporated: generation of financial targets and its constituent parts; provide financial analysis and evaluation of segment/brand activities; evaluation of opportunities for performance improvement; and corporate financial reporting. Lead for corporate systems development and user manager for data management.
„« Provided support to Regional Finance Staff Officers and Business Units in the emerging markets. „« Developed new and improved segment/brand analysis and reporting. „« Developed and implemented redesign of the corporate planning system to accommodate long-term forecasting and analysis. „« Automated the production of Annual, Quarterly, and Monthly reports and presentation documents.
Cost Accounting Manager - M&M/Mars, Hackettstown, NJ 01/97 - 11/97 Plant Controller responsibility for the Hackettstown, NJ manufacturing site and served as a member of the Plant Management Team. Managed the Cost Accounting, Planning, and General Accounting function for the manufacturing site. Managed the timely and accurate translation of all operational performance into weekly, monthly, quarterly and annual financial reports for the decision making process by senior management; the coordination and development of the financial forecasting process; financial evaluation and analysis of improvement projects to ensure that the Plant is operating effectively and fully utilizing its assets; and the development, measurement, and application of cost standards for all the items produced at the Hackettstown manufacturing site. Managed the process for ensuring that the appropriate cost accounting, reporting, and planning systems were in place and effectively utilized.
„« Supply P&L responsibility of $550 million in revenues and $240 million in raw materials and conversion costs. „« Implemented formal business and expense reviews with operations management resulting in conversion cost improvements and operational efficiencies. Manufacturing site met or exceeded performance and cost targets since introduction. „« Direct management of Cost Accounting, Fixed Assets, General Ledger, Payroll, and Accounts Payable. Staff of approximately 15.
Revenue Accounting Manager - M&M/Mars, Hackettstown, NJ 07/94 - 12/96 Assistant Controller responsibility for the M&M/Mars Division of Mars, Incorporated. Managed the General Accounting function; areas of responsibility required providing accurate and timely financial information to meet internal and external requirements; performing analytics of financial information and issuing the appropriate recommendations to management pursuant to GAAP and the Mars Financial Manual.; and ensuring that all account balances were reconciled, analyzed, and provided senior management with insight to any developing risks or opportunities.
„« Responsible for coordination of the audit by the external auditors (PwC). Also served as direct point of contact with the Audit Partner and Audit Team. No material deficiencies noted during time in role. „« Developed formal process for Balance Sheet and P&L reviews. „« Direct management of General Accounting, Fixed Cost Reporting, Intercompany Accounting, Intracompany Accounting and Field Sales Expense Reporting. Staff of approximately 10.
COOPERS & LYBRAND, LLP - Washington, DC 01/89 - 06/94
Big 4 Global Public Accounting Firm providing industry-focused services in the fields of assurance, tax, human resources, transactions, advisory, performance improvement and crisis management for public and private clients.
Corporate & Individual Tax Manager 10/90 - 06/94 Managed the facilitation of the tax compliance function of the tax department for the Washington, DC office. Responsible for reviewing corporate, partnership, non-profit and individual tax returns; supervision of staff; research and concluding on various tax related issues; and providing tax planning and consultation for corporate and individual clients.
Senior Audit Associate 01/89 ¡V 09/90 Responsibilities and duties required performing audits, reviews and compilation of various entities as well as assessment of the internal control structures. In addition, provided consultation to clients for various other projects engaged to perform by the client.
EDUCATION AND PROFESSIONAL AFFILIATIONS
Howard University, Washington, DC B.B.A. in Accounting - Cum Laude. December 1988.
Uniform CPA Examination Completed requirements for passing all parts. May 1992.
National Association of Black Accountants Member, Washington Metro Chapter |