EXECUTIVE-LEVEL FINANCIAL MANAGEMENT: CFO, CAO, CEO
Senior strategic planner and global leader with a myriad of successes enhancing operational performance through the advanced restructuring of financial administration, budgeting, expense management, and asset allocation.
Reputable cost control and reduction expert, capturing continuous savings through the effective administration, distribution, and investment of monies as well as automation of administrative operations within a variety of industries. Skilled communicator in Japanese and English, providing multicultural teams with the training, support, guidance, and motivation to exceed objectives. Talented organizational developer with extensive expertise in:
Financial Management & Administration / Troubleshooting / Accounting Operations / Cost Control & Reductions / Process Reengineering / Budget Development & Management / Financial Reporting / Administrative Management / Strategic & Tactical Planning / Project Management
EXECUTIVE HIGHLIGHTS
* Successfully orchestrated the consolidation of Accounts Payable and Payroll operations for Japanese Bank and its 9 subsidiaries totaling over 2,500 staff members.
* Drastically reduced outstanding Accounts Receivable balance for a Marriott Hotel from $1.3M to $600K in the first 3 months of employment. Improvements derived from the establishment of new operational procedures, credit review processes, and collection guidelines.
* Revamped World Internet Marketplace's financial organization through the re-creation of statements, enabling SEC filings and attracting a reputable accounting firm to administer corporate auditing.
* Revitalized global administrative operations at Salomon Brothers Inc. through functional centralization, including HR/staff relations, financial management/reporting, business analysis, IT expenses, contracts/vendor negotiations, and asset management. Result: Generated higher levels of personnel morale and performance.
* Spearheaded successful effort to bar code and create a database of technical assets for Merrill Lynch Japan, facilitating transfers and related management. Orchestrated the institution of centrally managed financial technology and reporting controls.
* Strategic contributor of major operational improvements, including the restructuring and full automation of technology financial functions for Salomon Brothers Asia. Result: Cut IT expenses from $60M in 1990 to $35M in 1994 while boosting equipment/support throughput. Implementations included the automation of invoice processing, generating high levels of accuracy while reducing A/P processing time by 90%.
PROFESSIONAL EXPERIENCE
JAPANESE BANK, Tokyo, Japan 2004-Present
GENERAL MANAGER/CHIEF FINANCIAL OFFICER - Business Services
Primary financial leader within this Japanese bank comprised of 2,500 team members, generating more than $800M in annual revenue. Spearhead 20 specialists and provide overall expense management, including budgeting, variance analysis, and allocations for the bank and its 9 subsidiaries. Key participant in organizational meetings, monitor the Accounts Payable department to ensure top performance, and generate improvement strategies for financial management/reporting. Reengineered the Firm’s budgets and currently revising the 2005 expense budget.
* Slashed operational expenditures through the structural merger of two services companies, establishing a single advanced unit. Project phases included planning and coordination of strategies, resources, and procedures.
* Captured major budgeting enhancements by introducing a new administrative system for bank and subsidiaries.
* Impacted purchasing expense control with the development/implementation of effective procedures.
SELF-EMPLOYED, Salt Lake City, Utah 2001-2004
FINANCIAL CONSULTANT
Strategic business developer providing sales representation services to insurance and investment units of MetLife Financial and Prudential Financial. Utilized networking and cold calling plans. Met and communicated extensively with existing/prospect clients, delivering superior financial planning expertise/services in the areas of banking, business funding, nonprofit funding, college expenditures, retirement needs, and estate conservation.
* Key contributor to staff financial training, serving as Certified Worksite Seminar Instructor.
* Pioneered effective prospecting strategies and procedures adopted by MetLife.
* Achieved high levels of profitability within this complex and competitive industry.
* Ranked among the top 10 in rookie placement revenue in August 2002.
MARRIOTT HOTELS, Park City/Salt Lake City, Utah 1997-2001
HOTEL CONTROLLER/FRONT OFFICE MANAGER
Senior financial manager within this multimillion-dollar international hotel chain, overseeing the operations of assigned team and organizing reports such as night audits, document approvals, and financial data compilations. Coordinated budgeting as well as the administration and analysis of monthly statements. Designed and introduced improvement strategies targeting the monthly preparation/filing of financial reports. Supervised front office operations, including front desk, auditing, bellman, and reservations. Delivered technical support and troubleshooting.
* Achieved additional expense cuts through the restructuring of catering functions.
* Sharpened personnel training and performance by streamlining night audit procedures.
WORLD INTERNET MARKETPLACE (WI), Provo, Utah 1996-1997
CHIEF FINANCIAL OFFICER
Financial director in the start-up and development of this $20M organization encompassing 50 staff members, providing internet shopping mall/network marketing services. Established and generated weekly/monthly financial reports to management. Provided senior management representation, liaising with stockholders and business affiliates.
* Crucial contributor in boosting sales from $100K to $1M in the first 6 months of employment.
SALOMON BROTHERS INC., New York, New York 1995-1996
SENIOR OPERATING OFFICER (Director)-CHIEF ADMINISTRATION OFFICER
Chosen by the Global Head of Technology to assist in restructuring efforts throughout turbulent phase in the areas of cost control and corporate globalization. Top executive of administrative operations, including CFO functions, within this global leader in the securities industry with a $250M budget. Areas of administrative coordination included the firm's IT group comprised of 1,500 staff members in the US, Tokyo, London, and Hong Kong. Managed 80 staff members, conducted the review/approval of purchase orders globally, and generated strategies to improve financial/administrative operations, cost reductions, and budgets.
* Reduced expense budget from $250M to $215M through strategic personnel cuts from 1,500 to less than 1,300.
* Took over leadership of a failing initiative to improve expense data tracking/distribution with the creation of a comprehensive Project Workslate data structure, achieving high levels of success in a short period of time. Result: Impacted financial and project management quality as well as efficiency.
* Slashed IT expenditures through control of purchases and finalization of a Standard Operating Environment.
MERRILL LYNCH JAPAN INC., Tokyo, Japan 1994-1995
VICE PRESIDENT-TECHNOLOGY BUSINESS MANAGER
Chosen for the implementation of a new corporate concept focused on the integration of financial managers into support groups. Planned and implemented process/procedural improvements in the areas of budgeting, inventory control, and financial administration for this world leading securities firm employing more than 50,000 team members. Participated in organizational restructuring focused on the creation of clearly defined work groups.
* Generated $1M cost reductions with the introduction of "Top 10 Technology Savings Measures".
* Instrumental in smooth company merger with a newly acquired firm through the consolidation of equipment, leases, systems, and personnel. Result: Completed project 2-3 months ahead of other regions.
* Refurbished the organization's project management and allocation systems, ensuring the accurate assignation of technology support costs to business units. Additional contributions included the implementation of procedures/methodologies such as a prioritization system.
* Talented planner and leader of the centralization of invoice processing and contract negotiations as well as the establishment of a new account structure.
SALOMON BROTHERS ASIA LTD, Tokyo, Japan 1989-1994
VICE PRESIDENT-CHIEF FINANCIAL/ADMINISTRATIVE OFFICER
Directed financial/accounting operations, including purchasing, Accounts Payable, inter-company charges management, and the allotment of technology resources. Led administrative operations, strategic division structuring efforts, and the daily performance of national and international personnel. Provided the preparation and administration of the firm's IT budgets, ensuring the effective management of expenses and standard cost allocations.
* Recognized for the establishment of a global group focused on improving the overall management of Market Data Services (MDS), capturing multimillion-dollar savings and enhancing overall performance.
* Slashed MDS expenses by over 50% through the effective analysis and re-negotiation of service contracts. Changes included the replacement of video switch/migration to a digital platform.
* Initially hired to provide internal auditing services, generating reports to senior management on identified risks, control issues, and the overall efficacy of business procedures.
KPMG PEAT MARWICK, Honolulu, Hawaii/Portland, Oregon 1985-1989
SENIOR AUDITOR
Performed the auditing of books and records for a diversified clientele, specializing in the high tech industry.
POLYNESIAN CULTURAL CENTER, Laie, Hawaii 1982-1985
FOREIGN GUIDES SUPERVISOR
Key leader of 40 tour guides providing informational presentations in 8 different languages to tourist groups totaling up to 2,000.
EDUCATION/CREDENTIALS
Masters of Business Administration Degree in International Business 2004
Almeda College and University, Boise, Idaho
Bachelor of Science Degree in Accounting; Minor in English (Magna Cum Laude) 1985
Brigham Young University-Hawaii Campus, Laie, Hawaii
* Certified Public Accountant, Oregon and Utah
* Registered Investment Advisor (Series 7, 63, 65, and Insurance)
* Co-founder, President, and Director of the Utah Association of CPAs-Mountain Chapter
* Proficient in Microsoft Office Suite, Lotus Notes, and various proprietary applications |
