Manager Management

SIVAN M. SEPE, CMBA

** ******** *****, ****** *****, NJ 07724 CELL: 732-***-**** EMAIL: *****@********.***

PROFESSIONAL SUMMARY

Dedicated and results-oriented Financial Planning, Analysis, and Reporting professional with 10+ years of extensive experience in

Corporate and Operational Finance, Financial Analysis & Modeling, and Information Systems management. Proven ability to improve

profitability and reduce working capital through timely, accurate, and actionable analytics/modeling approach. Possess excellent

problem-solving skills and leadership abilities which are complimented by outstanding written and interpersonal communication skills.

Technically savvy, expert in MS Office especially Excel, and have taken part as the lead or participated in the implementation/upgrade of

Oracle ERP, Business Objects, F9, Hyperion Essbase, ShowCase Strategy, AS/400, and Cognos.

PROFESSIONAL EXPERIENCE

Department of Education – New York City New York, NY

Finance Manager – Office of Financial and Budgetary Strategy & Reporting Aug 2010 – Present

The New York City Department of Education is the largest system of public schools in the United States, with a $24.0 billion dollar operating budget, serving about 1.1

million students in nearly 1,700 schools and 80,000 teachers.

Overview:

Responsible for providing leadership oversight and management of FP&A activities for 10 NYC DOE divisions that total to ~$2.0 billion

dollar and over 1,000 FTE’s. These FP&A activities include: performance and business trends, short-term and long-range financial

projections, semi-annual budgeting, decision support analyses, resource allocation and other ad-hoc executive reporting. Additional

responsibilities include the improvement of processes and reporting, increase efficiency and accuracy in forecasting liability to help

divisions achieve its strategic goals in a declining economy. Additional essential functions and responsibilities include the following:

Assists with compiling and developing budgets; consults with appropriate operations liaisons regarding budget needs and prepares

necessary budget transfers and revisions

Daily communication and monitoring of expenditures and income related to budgets to assure availability of funds; perform research

to determine if budgets comply with criteria and standards adopted by the State or Federal and processes appropriate correction

transactions

Prepare monthly and quarterly variance (Actual vs. Budget) reporting and commentaries, and provide quarterly forecast / guidance on

how the fiscal year will end in terms of surplus or deficit against the Budget

Provide guidance to colleagues and external customers to improve reporting processes, data flow, and data analyses with the intent of

providing actionable information and training in Cognos reporting and the use of in-house budgeting software Galaxy

Supervises a Financial Analyst

Cosmetic Essence Innovations Holmdel, NJ

Financial Planning, Analysis, and Reporting Manager Nov 2003 – Jun 2010

Cosmetic Essence, with annual revenue of ~$300 million, provides outsourced manufacturing, formulating, filling, packaging, and distribution services to the personal

care products industry. It manufactures fragrances, crèmes, lotions, and color cosmetics for branded manufacturers and retailers. It has eight world-class facilities (6 US

and 2 International) totaling more than 2.5 million square feet.

Overview:

Reported directly to, and provided direct support to the Chief Financial Officer. Prepared financial operating packages in support of the

Financial Planning & Analysis function and interacted with the Senior Executive team to drive excellence in CEI’s financial performance

through the creation of relevant and actionable executive level financial analysis. Responsible for forecast consolidation and analyses,

reporting and analyses of key metrics, coordination and planning of budget and business plans process, mergers and acquisitions support,

Continue

selling, general and administrative expense support and strategic planning coordination. Additional essential functions and

responsibilities include the following:

Designed, implemented, and maintained management reporting / forecasting packages that supported executive decision making and

drove financial discipline and accountability for key business partners

Responsible for and managed timely and accurate preparation, consolidation and presentation of work products, in particular:

- the annual business plan; 3-5 year strategy plan

- quarterly and other interim forecasts of operations, capital expenditures, balance sheet items, and cash flow

- quarterly BOD packages; monthly bank and equity owners’ reporting packages; monthly KPI reporting packages

- ROI analysis; related variance and trend analysis

SIVAN M. SEPE, CMBA

10 IMPERIAL COURT, TINTON FALLS, NJ 07724 CELL: 732-***-**** EMAIL: *****@********.***

Cosmetic Essence Innovations continued…

Built strong collaborative relationships between Finance and other operating group (specifically Sales and Operations) with the intent

to drive and develop accurate revenue, cost, EBITDA, CapEx, cash flows and headcount forecasts

Created and managed working capital models (DSO, DIO, and DPO) that enabled the construction of financial "what if" scenarios to

support management decision making activities related to cash on hand and revolver balance; performed Bank Covenant analysis

Worked closely with the Divisional Controllers to prepare a monthly detailed bridge analyses on variances to forecast, budget, and

prior year with explanations as to why we are on or off from forecast, budget, and prior for the Monthly Operations Review

Responsible for providing financial support to Divisional Controllers and GM’s through timely and accurate financial information and

communication

Played a leadership role in sale of business (change of control) to a large private equity owner; supported the due diligence effort and

coordination with private equity analysts; and provided support on annual audit with KPMG

Tellium Oceanport, NJ

FP&A Manager / Senior Financial Analyst Apr 2001 – Nov 2003

A Start-up with a successful $250 million IPO in May 2001, Tellium delivered high-speed, high-capacity, intelligent optical switches that empowered telecommunications

carriers to create, run, control, optimize and simplify their networks. Tellium’s Optical switches were installed in telecommunications networks to manage the flow of

optical signals, which are beams of light carrying voice, video, and data traffic, transmitted over fiber-optic cables. In November 2003, California-based, Zhone

Technologies acquired Tellium.

Overview:

Initially recruited as the Finance lead in the implementation of the Oracle ERP System, as well as to provide direct support to the FP&A

Manager on various projects in corporate planning, financial planning, capital planning, budgeting, forecasting and operational

performance leading to the identification, quantification, and implementation of practical business solution. In 2002, I was promoted to

FP&A Manager after a company-wide restructuring effort to preserve Cash. Additional essential functions and responsibilities include

the following:

Responsible for managing annual budget process including the direct interaction with department heads in the creation of annual

budgets, designed the forms and templates, and provided the monthly analysis of Actual vs. Budget

Developed internal financial reporting packages that were presented to management team on a monthly and quarterly basis

Responsible for the preparation of BOD packages which included variance explanations and commentaries

Heavily involved in forecasting the Income Statement, Balance Sheet, and Cash Flow on a GAAP and Pro-Forma Basis; Margin

Analysis (Contribution and Gross); Sales Analysis; ROI Analysis

Liaison to external Systems Auditors involving data integrity; liaison to IT Group involving Oracle and Business Objects; liaison to

Banks involving Cash

Comverse Technology New York, NY

Financial and Systems Analyst – Voice Services Platform Division Jan 2000 – Apr 2001

Comcast Eatontown, NJ

Financial Analyst – Cable Division Jun 1997 – Jan 2000

EDUCATION

MBA in Management & Strategy – Western Governors University, Salt Lake City, UT Feb 2009 – Jan 2011

BS, Dual Major in Accounting & Business Management – Monmouth University, W. Long Branch, NJ Sep 1992 – May 1997

CERTIFICATION / OTHER

Certified MBA through International Certification Institute (www.certifiedmba.com)

Government Security Clearance

TECHNICAL SKILLS

Proficient in MS Excel and Powerpoint Implemented Oracle, Business Objects, F9 Financial Reporting Hyperion Essbase,

ShowCase Strategy, AS/400, Cognos, Galaxy Budgeting Tool

Contact this candidate