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Sales Management

Location:
San Francisco, CA
Posted:
September 03, 2015

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Resume:

John Wixted

** ******* ****, ******** ** ***** Phone: 917-***-****

E-mail: acriyu@r.postjobfree.com

FINANCE EXECUTIVE: Forecasting Planning & Analysis (FP&A), Financing Strategies, Business Analytics & Investor Relations

Experienced and respected team leader with a wide range of finance experience: budget, cash flow, quarterly and annual strategic planning and forecasting, project modeling and analysis; contract assessment and impact analysis; creating and implementing funding structures and actual-to-budget analyses; hands-on project fulfillment and delivery; revenue planning and recognition and sales contract cash collection; internal reporting and Board package preparation and senior management and investor ad-hoc reporting.

A highly effective communicator and critical thinker with strong modeling experience and a substantial background in management and team building, advising chief executives and investors and building strong relationships with outside partners, clients and banks.

SELECTED CAREER ACCOMPLISHMENTS:

Increased revenue by 15% through targeted customer analysis and review of unexploited rights windows.

Key member of the management team that completed the $600M purchase of the Company from Hallmark Cards in 2006, and the 2008 Initial Public Offering (IPO).

Created and implemented a new FP&A Model, from the ground-up, to plan corporate cash financing, project slate and Library sales, cash and revenue recognition and to integrate the Model output with the overall forecasting Model for the Company and for monthly reporting and quarterly Board of Directors meetings.

Managed a two-year, four-country financing structure with the Luxembourg Film Authority to successfully fund production on an $8.1 million miniseries, and to implement and complete all deal requirements in time to deliver full investor re-payment.

WORK HISTORY:

SONAR/RHI/HALLMARK ENTERTAINMENT, New York, New York 1998-2015

Vice President, Production Finance (2010-2015)

Cash & revenue modeling and forecasting for monthly Board and investor packages, tracking accumulated and actual-to-Plan results.

Manage the implementation of weekly Model input and the roll-forward of month-to-month adjustments to the finance structure, for management and investor reporting. Oversee all aspects of production planning, funding, cash flow and delivery.

Evaluate development contracts vs. a rolling $2 million development budget and track rights and writer outflows to ensure compliance with delivery requirements.

Review and maintain all management reporting to track production and production funding deal progress at all phases from initial concept to final delivery. Ensure compliance with production contract funding facilities providing monthly reporting of collateral status and re-payment requirements.

Director, Finance & Participations (2001 - 2010)

Directed the Revenue and Accounts Receivable Reporting groups in the posting of cash receipts, the tracking and collection of A/R, the calculation of foreign exchange, present value and bad debt reserves, and the evaluation and recording of $200 - $350 million in revenue and deferred revenue for monthly reporting and for periodic review by senior management.

JOHN WIXTED Page Two

Director, Finance & Participations (continued)

Managed and motivated a diverse collection team to consistently meet and exceed company’s cash goals.

Supervised the residuals and participations process to ensure timely reporting and payment of the company’s 3rd party obligations and entitlements.

Developed and implemented departmental processes to ensure SOX compliance.

Director, Participations (1998 - 2001)

Prepared all participation statements and maintained royalty reporting schedules for compliance with Company’s contractual obligations to producer and creative partners.

Tracked incoming royalty statements and reviewed against customer contracts to ensure Company’s rights and entitlements were protected.

Coordinated participation audits conducted on behalf of 3rd party participants to ensure the accuracy of participation statements including the preparation of spreadsheet analysis of audit claims and requests and the gathering of support for statements and documentation to dispute audit claims.

NEW LINE CINEMA, New York, New York 1996 - 1998

Director of Contract Accounting (Royalties & Residuals)

Supervised Contract Accounting staff, trained new employees, reviewed staff work, created departmental policy memos, and prepared participation statements to 3rd party participants including the review of contract details and maintenance of royalty reporting schedules for compliance with Company’s contractual obligations to producer and creative partners.

VIACOM ENTERPRISES, New York, New York 1994 - 1995

Consultant, Producer Reporting

Coordinated merger of Viacom Producer Reporting department with Paramount Pictures LA-based Contract Accounting Department

PARAMOUNT PICTURES, New York, New York / Los Angeles, California 1989 - 1994

Manager, Contract Accounting and Audit

Prepared participation statements and coordinated 3rd party audits.

EDUCATION & CREDENTIALS:

FORDHAM UNIVERSITY, Bronx, NY – Bachelor of Arts (BA), Economics

THE NEW SCHOOL, New York, NY – Certificate Program in Film Production

Advanced Microsoft Excel Word and PowerPoint, Jaguar (Sales Tracking) & MAS 200 (General Ledger).

On-going upgrade of skills and knowledge via independent study and research, tutorials and training seminars.



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