Management Financial

Glenn S. MacDonald, MBA

** ****** *****, *******, **. 06084

860-***-**** / *********@***.***

SUMMARY

An accomplished financial professional with a comprehensive background in

financial planning and analysis, financial management and consulting,

business metrics, systems, and reporting.

I bring the following attributes to each business venture:

> A track record of establishing trusted business partnerships.

> A commitment to invest the time necessary to understand the business,

its key drivers, leading indicators, and the measures of success.

> A passion to improve the tools and products provided by the finance

team.

> An affinity for IT projects and process improvement work, both as a

leader and a key contributor.

> The expectation to create a hands-on informal team setting rather than

a structured hierarchy of walls and silos.

> I "lead by example" to drive the team to make improvements in their

relationships with business partners, products and work environment.

I am in search of an opportunity to strengthen the financial team of an

enterprise. In addition, I am looking for the firm that strives for its

financial team to be engaged in the future success of the business and not

simply the record keepers of past performance.

PROFESSIONAL EXPERIENCE

Hartford Financial Services Group

Director Financial Planning, Analysis & Reporting - Specialty Lines

(2000 - 2010)

Directed all financial support for a Specialty segment with annual

revenues of $900 million and operating expenses of $100 million,

including: operational and strategic planning, financial reporting,

financial controls, expense management, and profit center reporting.

Hands-on accountability for leading all financial forecasting and

outlooks of revenue, expense, reinsurance, loss ratios and staffing.

Presented the division's financial outlooks and plans quarterly to the

senior P&C leadership team.

Guided the continuous analytical and consultative support to two business

unit leaders through multiple market cycles. Leading a staff of 12

financial professionals, across multiple locations in the US and the UK.

Managed all incentive compensation financial modeling for the division,

including the re-design of a unique profit sharing program for the

Financial Products division, a multi-year program with over $10 million

in disbursements per year.

Provided direct oversight of the financial control environment for

multiple financial processes including premium and claim booking,

operational disbursements and collections, and cashbook reconciliation,

including the creation of a U.K. subsidiary. Also led the analysis,

implementation and subsequent testing of Sarbanes-Oxley requirements for

the division.

Key accomplishments

> Recognized for taking decisive actions and exercising creative

thinking, ingenuity and judgment in a period of extreme stress and

turmoil within the organization.

> Recognized for creating a true "partnership" with the senior business

executives and assisting in running all aspects of a $900 million

business.

> Delivered a completely redesigned desktop Expense Planning tool that

was an integral component of cutting the annual expense planning cycle

from 16 weeks to 8.

> Implemented new P&L planning processes for two business units that

completely overhauled the processes and provided needed flexibility

and transparency.

> Created a real-time tracking solution of business metrics and leading

indicators, which allowed for month-end analyses within 1 day of the

period close and the re-forecasts of future periods within 3 days.

> Directed the expense management process for the division and delivered

the "Best-in-Class" expense ratio by 2008, outperforming the pier

group average by 4 points.

> Project Team Lead for business process innovation and process

improvement projects.

Hartford Financial Services Group

Assistant Vice President Accounting Operations (1998

- 2000)

Managed the accounting operations of over 100 staff including Management

reporting, GAAP reporting, Reinsurance accounting, and the P&C general

ledger.

Guided a new external audit team through a three-year re-audit of

Hartford's P&C financials.

Director of Management and GAAP Reporting (1993

- 1998)

Directed the activities of 12 professional staff members through the

redesign and implementation of a new General Ledger and reporting

platform.

Led the GAAP and Management reporting processes for the entire P&C

operation.

Key accomplishments

> Spearheaded a complete financial reporting overhaul to include P&L,

Balance Sheet, and statement of Cash Flows for all P&C segments and

business units.

> Led the consolidation of operating units to streamline processes and

expedite the monthly GAAP close from 7 days to 5, and the Management

reporting close from 16 days to 10.

> Created an environment of teamwork and cross-functional collaboration

to facilitate ongoing change and continuous improvements.

CERTIFICATIONS AND SKILLS

Lean Six Sigma - Green belt, CPCU certifications.

Extensive GAAP and Statutory Accounting expertise.

Fluent in the Microsoft Office toolset, Visio, PeopleSoft G/L and Cognos-

TM1 tools.

EDUCATION

MBA - Finance and Accounting, Fairleigh Dickinson University, Madison,

NJ.

B.S. - University of Michigan, College of Engineering, Ann Arbor, MI.

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