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Senior Finance Executive, CFO, CPA

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Position
Senior Finance Executive, CFO, CPA
Location Confidential
No
Location
No preference
Willing to Relocate
Yes
Industry
Advertising--PR--MarketReseach(Agencies)
Function
FINANCE--CFO/Control/Acctg./Treas./Tax,etc.
Compensation
$300,000 to $600,000

Resume Summary
A Senior financial executive with significant cross industry experience in budgeting, tax, treasury, risk management and control, financial reporting and operations management. Demonstrated success in turnarounds, restructuring, profitability enhancement and negotiations. Hands on leader with strong analytical and communication skills.

Resume Body      SENIOR FINANCE EXECUTIVE, CFO, CPA

SENIOR FINANCIAL EXECUTIVE / CHIEF FINANCIAL OFFICER

SEC Reporting / Financial Planning & Analysis / Risk Management & Controls / Mergers & Acquisitions / Business Process Improvement / Operations Management / Negotiations

Comprehensive financial management background with significant cross industry experience in budgeting, tax, treasury, financial systems and regulatory compliance. Demonstrated success in turnarounds, restructurings, profitability enhancement and negotiations. Hands on leader with strong communication skills to develop and motivate employees toward the achievement of business objectives. Significant accomplishments include the financial turnaround of a global media company, the taking public of an international company through the initial registration of its securities with the SEC and the design and implementation of a worldwide financial reporting system encompassing more than 90 countries.


Initiative Media Worldwide (subsidiary of Interpublic), New York, NY 2005 - Present
Executive Vice President, CFO

Leads the global financial planning, budgeting and reporting activities for this $400 million media division of Interpublic Group.

• Introduced innovative media brokering strategies and implemented effective cost controls leading to a forty percent increase in operating income and a three percentage point increase in operating margin over two years.
• Partnered with corporate treasury to design and implement a cash management incentive program that reduced working capital deployed by nearly eleven percent.
• Strengthened the company’s risk management systems and controls to achieve compliance with Sarbanes-Oxley.

Publicis Groupe, New York, NY 2000 - 2005
CFO, Publicis Healthcare Communications

Directed financial operations for this $350 million division of healthcare advertising, education and specialty communication companies.

• Applied statistical analysis techniques to the personnel staffing function at one of the largest subsidiaries, leading to improved operating margins of more than two percentage points.
• Redesigned and implemented the system of financial internal controls and reporting practices at the company’s largest U.S. division to meet compliance requirements of Sarbanes-Oxley.

Bcom3 Group, Inc. (subsidiary of Publicis Groupe)

Executive Vice President, Corporate Finance

Directed the Corporate Finance group of 60 professionals, including Treasury, Tax and Financial Reporting for a $2 billion marketing communications company operating in more than 90 countries.

• Implemented tax and treasury planning initiatives leading to a reduction in the Company’s effective tax rate.
• Directed the adoption of the new FASB pronouncement on Business Combinations, Goodwill and other Intangibles.

Bcom3 Group, Inc. (continued)

Senior Vice President & Director, Group Financial Reporting
Post creation of Bcom3, successfully transformed the reporting practices and control environment of two formerly private companies and completed the Company’s initial SEC registration of its securities.

• Trained and prepared the global finance organization for the requirements of SEC reporting at over 400 reporting entities in more than 90 countries.
• Led the technology group in developing global financial systems to support the planning, budgeting and financial reporting needs of the company and its subsidiaries.
• Organized a team of more than 20 professionals and directed the post-merger integration of global Financial Reporting.

Rapp Collins Worldwide (subsidiary of Omnicom Group Inc.), New York, NY 1993 - 2000
Chief Operating Officer, New York Office
Chief Financial Officer, New York Office

Managed business planning, financial budgeting and control, information technology, human resources and administrative services for Rapp Collins’ largest office.

• Led the company through a significant period of profitable growth, increasing billings form $92 million to $210 million in four years while improving profit margins from 22% to 26%.
• Successfully led a transformational business process reengineering initiative leading to improved client and employee satisfaction as measured by independent survey.
• Selected by Omnicom as the first executive sponsored in Columbia’s Executive MBA program.

Chief Financial Officer, U.S. Communications (a subsidiary of Omnicom Group)

Managed the integration of this strategic acquisition into the Omnicom network. Responsible for business planning, financial budgeting and internal control.

• Negotiated stronger fee arrangements with clients and established tighter financial controls to turn operations around from a $400,000 loss to a $1.2 million profit within one year.

Arthur Andersen & Co., New York, NY 1985 - 1993
Senior Audit Manager

Managed all phases of financial advisory assignments, special projects and audit engagements specializing in the financial services industry.

• Developed extensive experience in SEC reporting, GAAP, risk management & control and transaction due diligence.
• Serviced organizations in the banking, asset securitization, commodity, private equity and venture capital industries.


EDUCATION

Columbia University, Master of Business Administration, August 1999
Executive MBA Program, Dean’s List, Beta gamma sigma

Bernard M. Baruch College, Bachelor of Business Administration, January 1985
Major in Accounting; magna cum laude


PROFESSIONAL ACCREDITATIONS

Certified Public Accountant
Member of AICPA, FEI

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