Management Accounting

Mark Vavra

***** ****** ****** • Omaha, NE *****

402-***-**** • ****.******@*****.***

www.linkedin.com/in/markvavra500

Results driven treasury and finance professional with extensive management experience. Hired,

trained, and managed treasury staffs in both the US and London.

Treasury / Finance Management –Corporate Investments & Debt; Credit Agreements / Lender

Relationships – Senior & Subordinated; Daily Cash; Cash-Flow & Working Capital; Forecasting /

Budgeting; Treasury Workstations; Covenant Calculations – Borrowing Base Reporting; Foreign

Exchange Risk – Hedging; Cash Pooling; Cost Control / Savings; Credit & Procurement Cards;

Payment & Processing Systems;

Credit Risk Management – $32 billion Customer Portfolio; $5 million Credit Approval Authority; Credit

Committee Member; Senior Management Presentations; Financial Statement Analysis / Credit Reports;

Accounts Receivable – Borrowing Base & Client Collections; Accounts Payable / Vendor Disbursements;

Inventory; Check Fraud Prevention; Contract Analytics – (Client, Vendor, & Lease); Policy Writing & SOX

Procedures; Policy Enforcement; Internal Control Maintenance & Monitoring;

Accounting – 19 yrs. GAAP Accounting; Public & Private Companies; Strong Financial Analytics; Timely

& Accurate Management Reporting; General ledger / Sub-ledgers; Revenue Recognition; Analytical &

Quantitative Skills; Intercompany; Billings; Accruals; Reserves; Roll-forwards; Reconciliations;

Multiple System Conversions; Auditing – Site Visits; Fraud Investigations;

Project Management – Design / Implementation - Oracle / SAP; Large Data Set Manipulation / Reporting;

Other – Global Change Initiatives; Best Practice Sharing; Metrics Oriented; Global Team Building /

Mentoring; Cost Center / Shared Services Environment Systems/Applications – Chase Treasury

Workstation, Kyriba Treasury, SAP, Oracle, Hyperion, Computron, AS 400, Bloomberg, MS - Excel, Access,

Power-point, Outlook

Self-starter, highly motivated with strong internal customer focus. People-oriented and strong

communicator with ability to effectively work with cross-functional teams including various levels of

management while meeting deadlines. Creative problem solver, detail-oriented with efficient

organizational skills. Adept with technology and systems.

EDUCATION

BELLEVUE UNIVERSITY, OMAHA, NE

Bachelor of Science Business Administration (Accounting / Finance)

PROFESSIONAL SYNOPSIS

INTERPUBLIC GROUP OF COMPANIES, INC., OMAHA, NE. 2001 – OCTOBER 2012

(GLOBAL ADVERTISING HOLDING COMPANY – $7B OF REVENUES OPERATING IN 130 COUNTRIES WITH 43,000 EMPLOYEES)

Executive Director, Global Client Credit (2007 – October 2012)

• Extensive international / domestic travel meeting with regional / local controllers.

• Purpose was to drive margin performance by improving working capital and reducing costs.

• Hire, train, and manage Omaha and London based treasury teams.

• Serve on high-profile Corporate Global Working Capital and Client Credit Risk Committees.

• Senior Management Presentations at conferences and with business units / customers.

• Author of and participation in updating treasury and accounting policies.

• Project Management - Design and direct development / deployment of multi-million dollar global working

capital and credit risk Oracle dashboards built for managing $32 billion of exposure. Includes version

upgrades, and Disaster Recovery Planning.

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(Mark A. Vavra resume cont’d)

Director of Treasury and Client Credit Risk (2001 – 2007)

• Managed 9 treasury and accounting related staff that included $20 billion of customer risk, $5 million of

credit approval authority, daily determination of cash positions, required fundings/drawdowns, funds

transfers, foreign exchange transactions, and related accounting / reporting. Utilized Chase Treasury

Workstation;

• Participated in establishing Kyriba Treasury Workstation.

• Authored corporate’s Global Client Credit Policy & Procedures. Includes Account Control / Security

Escrow.

• Analyzed converted business unit’s treasury requirements.

• Developed and managed departmental budgets.

• Authored SAP project development requirements.

• Created Sarbanes-Oxley and departmental procedures.

• Designed models for quantifying Six-Sigma metrics.

TRUE NORTH COMMUNICATIONS, INC., OMAHA, NE 1998 – 2001

(GLOBAL ADVERTISING HOLDING COMPANY – $2B OF REVENUES WITH 12,000 EMPLOYEES)

Vice President – Client Credit Risk & Cash Management

• Managed 9 treasury and accounting related staff that included financial statement analysis, end of month

reporting, general ledger entries, reconciliations, roll-forwards, daily determination of cash positions, required

fundings/drawdowns, funds transfers, foreign exchange transactions, and oversight of client risk with

significant credit approval authority. Implemented and utilized Chase Treasury Workstation;

• Auditing of select financial statement areas during site visits.

• Development of client risk based scoring models, policy writing and enforcement.

BOZELL, JACOBS, KENYON & ECKHARDT, INC., OMAHA, NE 1989 – 1997

(PRIVATELY-HELD ADVERTISING HOLDING COMPANY)

Vice President – Treasury Operations

• Managed treasury and accounting staff.

• Daily determination of cash positions, required fundings / drawdowns, and funds transfers.

• Managed corporate investments and debt.

• Established nationwide network of lock-box accounts for depositing and automated application / of

receipts.

• Negotiated, established, and provided on-going support for international letters of credit/guarantees with

foreign banks and media vendors. Managed corporate’s foreign exchange.

• Authored, administered and enforced the company’s credit and collection policy.

• Account reconcilement and end of month reporting.

• Auditing of select financial statement areas during site visits. Includes fraud investigations.

VOLUNTEERISM/AFFILIATIONS

• United Way - Donor

• Relay for Life – Participant

• American Red Cross – Donor

• Mock Job Interviews - Millard West & Millard North High Schools

• Bellevue University Alumni Association

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