ELIE ADDI, MBA - Finance
*-** ******** ******, **** Lawn, NJ 07410 *********@*****.*** mobile
phone: 201-***-****
Hands-on Senior Financial Manager and Columbia Business School MBA who has
successfully led financial planning and analysis projects and teams in
Fortune 500 and small to mid-size companies in Manufacturing, Technology,
Media and Financial Services industries. Demonstrated expertise in annual
and 5 year business planning, budgeting and forecasting including market
sizing, business cases and KPI tracking. Effective team leader, supervisor
and coach focused on the development of subordinates while creating
organizational efficiencies and synthesis with the overall corporate
objectives.
? Annual Business Planning ? Capital Planning and Cost Control
? New ERP Implementation
? KPI Analysis ? M&A Due Diligence ? Fortune 500 Experience
? Departmental Budgeting ? Quantitative and Qualitative Analysis
? Staff Leadership
? Inventory Planning ? Corporate Presentations
? Financial Close Activities
PROFESSIONAL EXPERIENCE
Finance Director (consultant) - MBIA, Inc., Armonk, NY (current engagement)
Sept. 2003 - April 2005/Feb. 2008 - Present
. Managed annual business plan in Cognos E-Planning tool for 8
subscription and e-commerce media products.
. Prepared monthly Powerpoint presentation of actuals vs. budget, latest
estimates, and commentary of performance metrics.
. Performed monthly financial reporting in SAP, Cognos, Oracle, Great
Plains and Solomon.
. Researched and explained cost center and profit center results by
product line in using SAP together with its BEX tool.
Other clients include: Thomson Reuters (media); Orchard Enterprises
(music); Ridgewood Companies (investment trusts); BGC
Partners(brokerage); Vision Sciences, Emisphere Biotechnologies,
Fortistar (green energy); WVT Communications (voice/video).
BEL FUSE, Inc., Jersey City, NJ (Ticker: BELFB - Manufacturing)
May 2005 to January 2008
Leader of Financial Reporting & Analysis
. Enhanced inventory planning model which led to 8% reduction in cost of
sales, while increasing inventory turnover.
. Developed annual budget and prepared monthly results by department for
8 subsidiaries in the U.S., Europe & Asia.
. Instituted transfer-pricing strategies across 6 companies reducing tax
exposure 10%-40%.
. Implemented company-wide COGNOS Finance reporting system for monthly,
quarterly and annual results.
Net2phone, Inc., Newark, NJ (Ticker: NTOP)
July 2002 to August 2003
Financial Reporting - Analysis & Planning Leader
. Performed financial modeling of joint venture on-line marketing
opportunities using return on investment measurements.
. Reduced fiscal year 2003 SG&A expenses almost 40% or $60 million
through across the board cost cutting, including consolidating
underutilized office space, payroll reductions, and removal of under-
performing marketing and sales partnerships.
AT&T, Inc., Bedminster, NJ
July 1995 to January 2002
Senior Manager - Business Planning & Analysis
Business Planning and Marketing Analysis:
. Worked closely with product managers and marketing teams in preparing
annual and five year business plan for $1 billion business services
division. Prepared new market entry business case analysis which grew
from 3 to 25 major U.S. markets.
. Developed monthly variance analysis and year-end outlook for
divisional leadership presentation.
. Initiated usage based versus fixed price planning strategy which
increased gross margins by 6%.
Financial System Design and IT Implementation:
. Prepared systems requirements for on-line Oracle Dashboard reporting
system at AT&T for all of $25 billion division.
. Led user testing and documentation of roll-out to 8 financial planning
and analysis groups.
Budgeting, Cost Control and M&A Analysis:
. Completed due diligence and financial combination analysis for
purchase of TCG, a local competitor.
. Achieved 20% reduction in network capital spending in 2001 for Local
Services budget by facilitating business planning sessions between
Product, Sales and Network Management.
Education
Columbia Business School, New York, NY
Master of Business Administration
Concentration: Finance
Temple University, Phila., PA (Full Academic Scholarship)
Bachelor of Business Administration, Cum Laude
Majors: Management and IT
Additional interests
Captain of Men's League Ice Hockey Team, Icehouse (Hackensack, NJ); Pianist
and Musician.