Accounting Sales
Resume:
ADAM M. SCHUSTER, CPA
**** **** ***** ******, **** #360
Denver, CO 80237
************@*.***
Finance executive with over 15 years of experience in enabling companies to
transform business processes related to operations, sales, accounting,
finance, and IT. A strong leader that manages his teams to achieve optimal
performance and who identifies and develops talented personnel that can
assume increasing levels of responsibility throughout the organization.
WORK EXPERIENCE:
2009 - present Vice President & Chief Audit Executive - DISH Network LLC
- Englewood, CO
Directed all worldwide internal audit and Sarbanes-Oxley 404
compliance activities for satellite television company (DISH
Network, annual revenues of $12 billion), a set-top box
manufacturer (EchoStar Corp., annual revenues of $2 billion)
and a movie/video content provider (Blockbuster Inc., annual
revenues of $2.5 billion).
Transformed the internal audit function from a reactive group
to a business partner that proactively identifies problems
and works collaboratively with management to develop
impactful and pragmatic solutions.
Operational Improvements: Identified over $85 million of
annual cost containment and revenue enhancement opportunities
in first 18 months of performing operational audits.
Combating Fraud: Improved the monitoring capabilities of
front and back-end processes to prevent and detect third-
party fraud. New processes have resulted in savings of
approximately $11 million annually in commission payments to
retailers and installers for fraudulent activities.
SOX 404 Efficiencies: Reduced manpower requirement for SOX
404 compliance by approximately 75% in first year by focusing
testing on critical controls over financial reporting. In
2010, company had zero deficiencies in financial reporting at
year end as a result of a proactive remediation effort led by
our team.
2004 - 2008 Senior Director, Internal Audit - Atlas Air Worldwide Holdings,
Inc. - Purchase, NY
Created and fully staffed the internal audit department in 12
months. This included the development of the department
charter, budget, organizational structure, job descriptions,
policies and procedures, fieldwork and reporting protocols,
and the hiring of all personnel.
Saved the company approximately $2 million per year by
proposing and implementing a co-sourced department model
versus original Company intention to outsource the function.
Assumed SOX 404 responsibilities when company had 13 material
weaknesses in financial reporting. By end of second year,
company had no material weaknesses or significant
deficiencies.
2001 - 2004 Corporate Accounting Practices Advisor - IBM Corp. - Somers, NY
(3/01-1/04)
Pricing & Investment Analyst - IBM Corp. - Poughkeepsie, NY (1/04-
12/04)
Wrote and published IBM's internal accounting policies and
provided interpretative guidance to operational accounting
teams on the application of accounting standards to complex
transactions. Created and delivered educational
presentations on various topics to large cross-functional
audiences and senior management.
Developed a methodology for performing financial valuations
of IBM's business units in order to satisfy new accounting
requirements; provided accounting assistance to Corporate
Business Development on various acquisitions/divestitures;
and prepared IBM's quarterly and annual segment reporting
results (10-K, 10-Q, earnings releases).
Worked daily with cross-functional teams that included sales,
marketing, development, manufacturing, legal, finance and
business practices to formulate strategic plans for improving
the market position of the mainframe.
1997 - 2001 Manager, Internal Audit - The Reader's Digest
Association, Inc. - Pleasantville, NY
Significant accomplishments: 1) Identified and reported on
inadequacies in regional customer fulfillment system, as well
as misunderstandings among South American countries regarding
system functionality, spearheading global effort to share
best practices among user countries. 2) Identified synergies
among separate RDA subsidiaries for consolidating overseas
product shipments and reducing related insurance costs that
resulted in annual savings to Company of approximately $500K.
3) Assisted Vice President with revamping company internal
audit process by implementing a process-centric audit
approach versus a location-specific approach focused on
sharing of best practices.
1994 - 1997 Senior Internal Auditor - Metropolitan
Transportation Authority - New York, NY
EDUCATION: M.B.A., Finance/Marketing, September 2003,
New York University, New York, NY
B.S., Accounting, May 1994,
Fordham University, Bronx, NY
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