Sales Project
Resume:
Terence (Ted) McCarthy
San Jose, CA *****
abkue7@r.postjobfree.com
SUMMARY:
Self motivated, detail oriented Finance professional with over 15 years
wide ranging experience. Dependable contributor who can work
individually and with cross functional teams. Problem solver with
excellent communication and interpersonal skills. Proficient in SAP,
Hyperion, Oracle, Business Objects, Excel, Power Point, Access and
other Financial Reporting Tools.
PROFESSIONAL WORK EXPERIENCE:
Nokia, Inc.
1999-2009
Nokia Security
2007-2009
Senior Business Analyst - R&D
Managed OPEX spending for over $60M annual budget for network security
division. This included all cost center spending by functional group
and all projects by spending categories.
. Initiated and developed R&D project spending analysis report by
project, including detail by function, and power point summary,
resulting in increased visibility and tighter control.
. Produced Spending Analysis by group, including variance and trend
analysis by category, improving data accuracy.
. Partnered with Business Development, Program Management, and Product
Marketing department managers in planning and tracking budgets,
including meeting to understand budget needs and assist in resolving
variance issues, leading to clear management objectives and improved
planning accuracy.
. Worked with project managers for all R&D projects, pre-planning
project budgets and tracking existing projects with corrective action
where needed. This resulted in constant project spending measures.
. Guided fixed asset reconciliation project, including capital
equipment audit and reconciliation with managers, meeting objectives.
. Sarbanes Oxley testing and compliance familiarity.
Nokia Enterprise Solutions
2003-2006
Senior Financial Analyst
Managed all sales and cost of goods sold reporting for over $250M in yearly
revenues.
. Developed and maintained reporting on bookings, revenue and backlog
by product platform, leading to efficiencies in reporting and meeting
management requirements.
. Produced margin analysis report by platform, tying out to SAP P&L by
revenue and cost with comments and trend analysis, improving product
ROI performance measures.
. Cleaned up and implemented new third party royalty reporting process,
resulting in company saving money, with efficient and accurate
reporting. Includes reconciling balance sheet accounting.
. Generated Management Business Package, a comprehensive monthly power
point summary of financial results, freeing up finance directors
time.
. Produced Product Management Dashboard, working with product managers
improving their strategic decision making ability.
Nokia Internet Communications
1999-2002
Senior Financial Revenue and Commissions Analyst
Owned sales commissions, invoicing and revenue reporting functions.
. Implemented sales commission reporting, ensuring accuracy on all
different comp plans, sales splits and quota milestones. This
resulted in far fewer discrepancies and more finance department
accountability.
. Negotiated numerous termination payout schedules with minimal upper
management involvement, meeting all requirements and regulations.
. Managed invoicing and revenue reporting, including team of three.
Reduced cycle time of reporting.
. Troubleshooting with OA team to resolve billing and revenue
discrepancies.
. Established and tracked deferred service revenue, resulting in GAAP
compliance with deferred revenue recognition.
. Key Contributor in two Systems Conversions.
. Reviewed all new customer contracts incoming from sales team,
highlighting all issues prior to management review and sign off.
Terence (Ted) McCarthy
abkue7@r.postjobfree.com
Phoenix Technologies
1998
Revenue Financial Analyst
Handled all credit and collections, third party royalty, cash
forecasting and other financial duties.
. Performed evaluation of all new customer accounts, domestic and
abroad, ultimately deciding credit lines, resulting in less bad debt.
. Managed all cash entry and reconciliation of receivable accounts,
reducing discrepancies on aging report.
. Implemented and maintained all cash forecast and cash received
reports for management review.
. Lowered company wide DSO from over 100 days to 75 in six months.
. Successfully closed $25M in revenue at quarter end, balancing Oracle
GL to Lotus Notes Forecast.
. Managed third party licensor fees for all third party revenue
products, including creating and distributing royalty reports,
ensuring accuracy and timely payments to licensors.
. Handled all foreign rep commission payables. This included
reconciling and making payments to the foreign representatives that
referred the customer sales.
. Worked extensively with Word, Excel, Lotus Notes and Oracle
accounting systems.
Hitachi Data Systems Credit Corporation
1995-1997
Portfolio Financial Analyst
Administered all investor portfolios, including preparation of all wire
transfers and the accounting detail, for leasing unit of business.
. Handled over $100M in total investor portfolios and addressed all
investor and customer issues promptly, resulting in much improved
business relationship.
. Worked directly with treasury department forecasting cash amounts
incoming and outgoing, for bank strategy.
. Trained and supervised lease analysts on collection issues,
consulting on an ongoing basis, which led to better time management
practices.
. Created and implemented new payment history access database for all
investors.
. Improved month end accounting procedures, enabling fiscal month end
reporting to be done two days earlier.
. Maintained high level of service in all functions through various
scenarios, including organizational changes and system conversions.
Successfully handled constant increase in responsibilities, with
ability to meet all deadlines.
Acurex Environmental Corporation
1990-1994
Accounts Receivable/Billing Specialist
Managed and produced billings for all project contracts for leading
environmental testing company.
. Performed monthly billing of all time and material and fixed price
project contracts per guidelines, mainly government contracts. This
resulted in process efficiencies and fewer issues that held up
payments.
. Maintained all month end accounts receivable reports, including cash
forecast, bad debt expense, delinquent receivables, and A/R month end
statements.
. Assisted MIS department in creating and distributing weekly status
reports for all project and department managers.
. Communicated and worked directly with contracts department concerning
billing requirements and other issues for each contract.
. Familiarity with Environmental Services and Emissions Testing Field.
EDUCATION:
Bachelor of Science in Business Administration, Emphasis in Finance
California State University, Chico
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