Manager Financial
Resume:
ROBERT F. PALACE
California, Kentucky 41007
abl28l@r.postjobfree.com
SUMMARY
Seasoned financial management professional; proven track record in
financial analysis, planning & budgeting, reporting and capital projects.
Significant contributor to organizational growth and value. Expertise in:
. Budgeting
. Strategic Planning
. Corporate Development
. Financial Reporting, External & Internal
. Capital Budgeting & Investment Analysis
. Profit & Loss Management
. Financial Presentations
. Internal Control Implementation
PROFESSIONAL EXPERIENCE
UNIVERSITY OF CINCINNATI PHYSICIANS, Cincinnati, Ohio
September 2009-February 2010
$250 million not-for-profit healthcare organization supported through UC
Health serving as the practice group for 650 physicians and clinical
faculty members at the UC college of Medicine.
Director of Finance - Internal Medicine
Responsible for financial reporting, budgets & planning and operational
improvements for an $85 million department consisting of nine medical
divisions. Supervised four.
. Instituted data mining & reporting procedures with the IT department
to create individual financial statements for 220 physicians
. Developed dashboard and scorecard reporting tools for trends on key
operational metrics
. Developed budget and forecasting models that enabled rolling mid-year
projections
. Provided accounting support and budget development for all operating
departments
TALBERT HOUSE, Cincinnati Ohio
June 2006-September 2009
$50 million not-for-profit agency serving southwest Ohio with social
programs in criminal corrections, family mental health and substance abuse
in 20 site locations and 2 affiliated agencies in the region.
Director of Finance/Internal Audit
Responsible for financial reporting, audits, policy-making, treasury,
internal controls, board presentations, vendor RFP's and operations
analysis. Supervised eight. Performed reporting/analysis for foundation &
real estate entities.
. Reduced the time taken for completion of audit fieldwork testing by
two months
. Lead the financial support role in guiding the agencies programs to a
40% profit improvement in 2008.
. Developed rolling forecast models providing monthly feedback to all
operating departments.
. Devised a systematic program for balance sheet account analysis and
evaluation of internal controls
. Implemented revenue recording procedures and accounts receivable
testing for new billing system
TIME WARNER CABLE,
1986-2006
600,000 subscriber division of Time Warner Cable - $10BN segment of Time
Warner Inc.; the second largest cable operator with 36 cable divisions
serving 10.9 million subscribers in 27 states.
Director of Finance Cincinnati Ohio
1995-2006
Responsible for financial reporting, budgeting, analysis, and forecasting,
pricing, planning, capital expenditure tracking and customer equipment
controls. Supervised three.
. Improved financial reporting, budget and forecast modeling systems
that enhanced accuracy, productivity, teamwork and communication with
corporate offices. Instrumental in the conversion to PeopleSoft
financial systems and deployment of Sarbanes-Oxley compliance testing.
. Planned, controlled and financially managed a 4-year, $230M system
upgrade project - maintained expenditures under plan; Returns averaged
above 15% for the next five years.
. Enhanced financial analysis on the effectiveness of field operations -
analysis of truck trips, promotional campaigns in revenue generation -
enabling leaner costs and improving cash flow by $6M.
. Established pricing, profit planning and accounting procedures for new
product launches - digital cable, video-on-demand, internet &
telephone services and digital video recorders.
. Managed the warehouse, procurement, fleet of 500 vehicles and
distribution area to ensure proper stocking levels and internal
controls that reduced capital outlays by $2.2 million during the
upgrade project.
ROBERT F. PALACE
PAGE TWO
TIME WARNER CABLE, Cincinnati Ohio
Accounting Manager
1994-1995
Responsible for all divisional financial reporting, closings, accounts
payable, payroll, property, cash control, general ledger systems and
facilitating audits.
. Reorganized departmental responsibilities resulting in a spotless
internal audit and more efficient work processes; led to promotion.
. Compiled monthly, quarterly and annual internal and external reporting
packages
Manager, Reporting & Asset Control, Dublin, Ohio
1991-1993
Implemented a new Capital Projects and Fixed Asset accounting system for a
book of business totaling $300M in annual capital spending and $3.5BN in
fixed assets. Managed staff of four providing financial reporting, year-
end audit management and tax data.
. Operationalized new CP/FA systems six months ahead of schedule,
providing more efficient control, access to data and reporting.
Annual cost savings estimated at $2M from streamlining policies and
procedures on property and capital spending.
. Computerized financial reporting models that reduced year-end audit
review time by 40%
. Completed quarterly and annual SEC reporting requirements for the
cable segment.
Manager, Budgets & Financial Analysis, Dublin, Ohio
1986-1991
Managed the annual budget, financial planning process and operations &
investment analysis. Served as financial liaison and consultant to V.P. of
Operations; hired and supervised four professionals.
. Performed financial & operational acquisition modeling & analysis
leading to the purchase of the Milwaukee cable division for $190M.
. Designed and produced quarterly analyses on $50M portfolio of industry
investments.
. Developed PC models which improved budget packages and forecasts of
cash flow, balance sheet position and internal rates of return.
. Performed special assignments for the President on profit
optimization, organizational structure, pricing, industry studies and
strategic presentations to parent company.
EDUCATION & TRAINING
Masters Degree: Economics
DePaul University, Chicago, Illinois
B.S. Business Administration: Economics/Finance
University of Illinois at Chicago - Dean's List
Additional Course Work: Accounting & Computer Programming - DePaul
University, Chicago, Illinois
Passed CPA Examination - State of Ohio
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