Manager Management

KEVIN E. NOVAK, MBA

**** ********* **** ( Keasbey, NJ 08832 ( Home: 732-***-**** ( Cell:

908-***-**** ( ***********@***.***

Achievement-oriented financial professional with over 13 years of financial

research and analysis experience. Extensive expertise in both qualitative

and quantitative analysis, budgeting, forecasting and variance reporting.

Strong PC/spreadsheet modeling (Hyperion / Access / Excel-including macros,

pivot tables & VLookups), computer and financial statement analysis skills.

Proven skills in managing, conceptualizing and developing policies/tools

that increase communications, operational efficiency and profitability to

the corporate bottom line.

EXPERIENCE

PEARSON EDUCATION, Upper Saddle River, NJ

2008-2009

Senior Financial Analyst

. Budgeted, forecasted and analyzed $60 million in annual expenses and $15

million in capital expenditures for facilities operations.

. Interacted and discussed with facility managers their expectations in

order to prepare and submit consolidated budgets, Long Term Vision (LTV)

/ 3-year strategic plans and quarterly forecasts for all SAP-based

facilities.

. Analyzed and explained significant variances of consolidated actual

results to budget, forecast and prior year / prior quarter results,

conducted bridge analyses, and provided value-added recommendations to

senior management on how best to improve business performance.

. Reduced negative budget variances by over 40% through the development of

a "no surprises" culture and process orientation that utilized tools &

analyses that identified specific cost trends, explained past

performance, and increased the accuracy of monthly forecasts to budgets.

. Ensured that accruals and reclasses of expenses were calculated and

requested as necessary during month-end closes.

. Performed in-depth historical 4-year analysis of expense line items in

order to significantly increase the accuracy of budgets and forecasts.

. Ran queries and utilized the run-offs from Hyperion and capital

expenditure forecasts to calculate facility depreciation figures for

budgets and forecasts.

. Input all finalized budgets and forecasts into Hyperion and ensured their

accuracy within the system.

LABORATORY CORPORATION OF AMERICA, Raritan, NJ

2006 - 2008

Financial Analyst

. Led the budgeting, forecasting and analysis processes for $750 million in

annual revenues and $425 million in annual expenses for the Northeast

division of the company.

. Analyzed sales and revenue by region (20+ in division), product / test

type, payer type, and if requested by a GM, PSC (store) level, through

identification of trends and utilization and leverage of metrics to

quantify and drive performance.

. Prepared Daily Accession Report (Daily Sales Report) to keep management

apprised of number of samples tested in the labs each day.

. Conducted and maintained in-depth analysis of prior daily, weekly and

monthly accession totals to ascertain trends and improve the accuracy of

budgets and forecasts.

. Utilized projections of trends to create and maintain annual budgets,

strategic plans and monthly forecasts for all regions in the division.

. Analyzed and explained significant variances of actual results to budget,

forecast, and prior year results and provided value-added recommendations

to management on how best to improve operational results.

. Saved the company over $1,000,000 annually in an expense line item

through identification and analysis of the root causes and key drivers

behind an increase in driver expense.

. Reduced negative budget variances by over 35% through the development of

a "no surprises" culture and process orientation that utilized tools &

analyses that identified specific cost trends, explained past

performance, and increased the accuracy of monthly forecasts to budgets.

. Performed other ad-hoc analyses (re-forecasts of yearly projections, PSC

openings/profitability analyses, regional lab expense roll forwards and

analyses to support business proposals) as requested by GMs and other

management.

. Recognized by way of written commendations sent to senior management from

GMs and Managed Care Group within the division regarding analysis and

recommendations that was requested for various profitability projects.

KINDER MORGAN LIQUID TERMINALS, Carteret, NJ

2002 - 2005

Financial/Revenue Analyst

. Budgeted, forecasted, and conducted analysis of $90 million in annual

revenues for Northeast regional division of the company.

. Prepared weekly customer revenue forecasts / flash projections and

explained any significant weekly changes.

. Created and refined new financial spreadsheets and models for budgets and

forecasts.

. Conducted an in-depth historical 4-year analysis of over $350 million in

prior revenue results to dramatically improve the accuracy of revenue

projections and budgets for the region.

. Utilized projections and produced annual budgets and forecasts for all

terminals in the region.

. Rectified billing entries and coordinated with commercial group to ensure

that all revenues were accounted for each month.

. Increased revenues by over $250,000 annually through analysis and

correction of incorrect billing entries.

. Analyzed and reviewed month-end revenue variances to budget and forecast,

and prepared reports and recommendations to management on how best to

improve operational results going forward.

. Performed other ad-hoc analyses (quarterly analyses, reforecasts) as

requested by management.

. Reduced negative budget variances by over 50% through the development of

a "no surprises" culture and process orientation that utilized the

creation of spreadsheets/models that increased the accuracy of monthly

forecasts to budgets.

. Commended for creating new budget spreadsheets that were adopted company

wide to standardize reporting and forecasting procedures and used to

track over $700 million in annual revenues.

P&O PORTS NORTH AMERICA, Iselin, NJ

2001

Billing/Financial Consultant

. Produced billings for services to clients and cleaned up trial balance

within accounting's billing department.

. Freed focus of supervisor from billing questions by assuming

responsibility for investigating dispute inquiries. Researched and

analyzed claims to determine their validity and reported results to

supervisor. Issued debits and credits as necessary.

. Developed financial forecasting and budgeting models and tools that

improved expected account receivables forecasts.

. Eliminated within three months the existing two month backlog in billing

and ensured that invoice billing preparation was kept up to date

thereafter.

F. MARTIN KOENIG ADVISORS, Hoboken, NJ

1996 - 2000

Buy Side Equity Investment Analyst/Assistant Portfolio Manager

. Performed fundamental and quantitative analysis on companies and

industries under investment consideration, with particular emphasis on

manufacturing, pharmaceutical, consumer product, technology and small cap

/ aggressive growth companies.

. Conducted in-depth research and analysis of company operational results.

Identified and utilized trends in Key Performance Indicators / KPIs /

Dashboard Metrics to ascertain if financial results warranted closer

scrutiny for possible inclusion or removal from client portfolios.

. Generated a 20% increase in expected returns through development,

implementation and refinement of the quantitative models and spreadsheets

to be used in stock selection process, without a significant increase in

risk.

. Reviewed and monitored developments in technologies, trends and products

in the marketplace and economy on an ongoing basis. Ascertained that

CDMA technology would emerge in the late 1990s as the dominant standard

in the telecommunications industry. Increased client net worth through

recommendations of stocks such as Qualcomm and Powerwave Technology.

. Increased firm resources by over $10 million through recommendation and

development of aggressive growth and technology stock portfolios.

Created new models geared towards these investment strategies, which

yielded a 10% increase in assets.

. Produced and conveyed specific buy and sell recommendations to the

Portfolio Manager and assisted in strategy implementation.

EDUCATION

NEW YORK UNIVERSITY, Leonard N. Stern School of Business

New York, NY

Master of Business Administration, May 1997

1. Stern Scholar-3.71 GPA with concentration in Finance/Economics

2. Member of Beta Gamma Sigma, Academic Honor Society

RIDER UNIVERSITY

Lawrenceville, NJ

Bachelor of Science in Business Administration, May 1993

1. 3.90 GPA-graduated Summa Cum Laude with major in Finance

2. Recipient of Rider Presidential Scholarship-Four year, full tuition

merit based scholarship

3. Vice President of Operations, Delta Sigma Pi, International

Business Fraternity

COMPUTER SKILLS

. Proficient with all applications within Microsoft Office Suite

(including Excel Macros / Pivot Tables)

. Expert PC/spreadsheet financial modeling skills

. Experienced with Hyperion, Hyperion Planning, Essbase, and SAP

Contact this candidate