PROFESSIONAL EXPERIENCE
Adprime Media, New York, NY – Digital Advertising Solutions
Senior Vice President – Finance - April 2014 – July 2015
Responsible for client profitability with emphasis on increase in margins
Negotiate client contracts and ensured that pricing was in accordance with company policy
Prepare and present strategic and tactical plans to drive margin improvement
Implemented and managed credit process for both client and publisher. Used Euler Hermes as our credit provider.
Improved DSO from 90 days to 55 days.
Improved DPO from 150 days to 60 days
Analyze new business opportunities within Market with management to ensure appropriate review has been conducted prior to pursuit and on-boarding
Negotiated /raised bank loan of $5 million while Responsible for all banking, leasing and other operational negotiations
Responsible for the preparation and submission of borrowing base reports to bank
Lead and maintained all banking relationships and reporting
Oversee budgeting, and implementation of budgets to monitor progress and present operational metrics both internally and externally
Manage cash flow and forecasting, client finance, accounts payable and reporting
Lead all audit activities.
Oversee preparation and approval of all financial reporting, prepare and communicate monthly and annual financial statements to management
Review / approve all finance/admim, human resources, and technology recommending improvements to the systems.
Ensure that finance team maintains accurate records in accordance with GAAP
Manage / Supervise a staff of 8 people
Work with management team to develop and implement operational infrastructure changes as they relate to systems, processes and personnel to ensure growth of organization
Provide timely analysis to improve key business decisions focusing on management of working capital
CPXi (formerly CPX Interactive), New York, NY – Digital Advertising Solutions
Senior Vice President – Director of Finance - 2010 - 2014
Vice President – Controller - 2009 - 2010
Responsible for client profitability with emphasis on increase in margins
Negotiated client contracts and ensured that pricing was in accordance with company policy
Prepare and present strategic and tactical plans to drive margin improvement
Analyze new business opportunities within Market with management to ensure appropriate review has been conducted prior to pursuit and on-boarding
Handle day to day Financial Operations of Finance and lead person on strategic financial issues
Established and implemented financial systems and monitor appropriate financial controls
Developed and managed budgeting and forecasting
Oversee IT department and ensure all systems are streamlined or enhanced to optimize timing and quality of actionable financial information
Implemented a major restructuring plan which improved profitability
Lead and maintained on banking relationships and reporting
Lead due diligence on $30M debt / equity raise.
Negotiated and structured joint venture initiatives for Domestic and International business
Responsible for developing business plan to increase margins
Lead all financial audits
Reorganized support service group and created specialized disciplines to provide better efficiency in group output.
Company Compliance Office for IAB Certification of Ad-Networks
Work with CIO in research and development of ad-platform
Oversee Human Resource Department
MediaCom/Beyond Interactive – New York, NY – Advertising Agency
Vice President – Director of Accounting – 2006 – 2009
Vice President – Controller – 2002 – 2006
Responsible for the consolidation and overall reporting to Group M Headquarters in New York for both traditional and interactive operating units. Consolidation includes data collection from other operating units and entities domestically on a monthly basis.
Prepare and submit the consolidated financial statements and accompanying information to ensure compliance with accounting policies and procedures
Prepared and analyzed balance sheet, Profit & Loss, client revenue and profitability statements for multiple entities.
Prepare monthly and quarterly close procedures
Provide commentary on a consolidated basis for monthly and quarterly results
Responsible for financial planning (budgets and forecasts) reporting for 5 operating units on a monthly and quarterly basis
Organized monthly staff meetings to review specific accounts with emphasis on areas of exposure
Implemented processes and procedures instrumental in establishing structure that is compatible specifically to online media.
Wrote, customized and instituted billing process / procedures for all domestic and international clients.
Negotiated more effective payment terms with clients and vendors contributory to increasing company’s cash flow.
Oversee cost accounting systems and prepare client compensation agreements
Prepare analysis and reports that will enhance management decision making
Compliance Officer for Sarbanes Oxley. First property to pass.
Ensure that all financial functions meet SOX compliance standards. Knowledge of documenting, flowcharting and testing of SOX controls.
Played an instrumental role in company conversion to upgraded technology.
Served on Technology Committee responsible for determining system needs on a corporate level.
Built and developed a strong cohesive team, resulting in better client grades
Supervised all functions of accounting, billing, AR, AP, cash management, Client Finance, cost accounting
Managed a staff of 12 people.
Grey Direct – New York, NY – Direct Response Advertising Agency
Senior Accountant- 1997 – 2002
Directed the preparation and reporting of financial information in a timely manner to upper management for one of the largest direct marketing interactive agencies.
Responsible for month end close process and ensure we meet corporate deadlines.
Lead operations and enhancements to cost accounting system
Orchestrated the creation and implementation of systems conducive to streamlining processes, procedures and operations
Member of corporate task force designed to recommend ideas to improve agency workflow
Ogilvy & Mather – New York, NY – Advertising Agency
Controller of Client Finance - 1995 - 1997
Developed and managed client budget and forecasting using contract or insertion orders as basis
Monitored and reported on the IBM Worldwide Direct Response budget
Generated and reported on client profitability statements for Group Director and CFO
Maintained and tracked employee time for both retainer and project based projects
Insured all billing was internally approved and sent to clients on schedule
Priced out projects based on staffing plans
Handled all disputed as it related to billing and time tracking
Additional Experience:
Grey Direct – New York, NY – Direct Response Advertising Agency
Staff Accountant - 1992 – 1995
Production Biller - 1991 – 1992
St. Johns Associates - 1988 – 1991
Educational Background:
New York Institute of Technology - Bachelor of Science in Management Information Systems - 1991
Skills: Proficient in Microsoft Office products, Mitchell Humphreys, Donovan Data Systems, QuickBooks, Mas 90, Epicor, Netsuite,
FRX, Cartesis, Hyperion