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Manager Accounting

Location:
Harrison, OH, 45030
Posted:
August 19, 2010

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Resume:

William E. Foy, MBA, CPA

**** ************ **, ********, **** 45030, Mobile: 513-***-****, Email:

ablwkj@r.postjobfree.com

Summary

High Performing Senior Financial Manager with over fifteen years of

progressive financial experience with a Global multi-billion dollar

company. Motivated finance expert with extensive experience in

profitability analysis, product and contract pricing and strategic

financial planning. Created and supported complex financial models,

business cases, market analysis and M&A analysis. Finance experience

within both domestic and International businesses. Presented and discussed

financial results, forecast updates and overall business issues with senior

management.

Professional Experience

Convergys Corporation 1990 - 2010

Senior Financial Manager (1994 - 2010)

Management role supporting Line of Business, managed staff of 2-3 degreed

finance professionals.

Achievements

* Identified $1M annual payroll savings. Research irregularities in

labor expense to uncover additional expense being incurred due to

payroll frequency and internal method for calculating labor expense.

* Established Financial Reporting Structure, Processes and Procedures

for new Lines of Businesses. Achieved financial reporting for new

group within 4 weeks.

* Created complex tool for the accurate and timely calculation of labor

cost recovery rates. The new tool resulted in a 3% improvement in

gross profit on new business opportunities.

* Presented key financial analysis as a member of due diligence team

determined proposed $15M investment was high risk with no ROI.

* Integrated TAI Acquisition. Worked on-site to provide transition

support and standardized reference tools to team. A seamless

transition was estimated to reduce post-acquisition turnover resulting

in a direct expense savings of $200K.

Areas of Expertise

* Financial Planning:

. Managed the Annual Budget process for $50M -$100M

. Managed the Monthly/Quarterly Forecast updates within +/- 2%

. Provided the financial support for the 3 year Strategic Business Plan

* Financial Analysis:

. First line variance analysis for both revenue and expense versus

Budget and Forecast.

. Facilitated monthly results discussions with senior management

* Cost Accounting:

. Leadership role in providing Pricing Model support for new and

existing products and services

. Responsible for setting Internal Transfer labor rates

* Contracts:

. Responsible for the creation and update of contract pricing models

. Reviewed and analyzed new contracts

. Review and interpretation of Revenue Recognition on key contracts

* Accounting Standards and Compliance:

. Sarbanes-Oxley

. FAS 86 Accounting for the Costs of Computer Software

. SOP 97-2 Revenue Recognition

. Use and research knowledge of Accounting Standards Codification

Senior Financial Analyst (1992 - 1994)

Supporting role supporting Line of Business

Achievements

* Created reusable pricing tool for contract pricing. This tool

established a standard easy to review and easily updated format

allowing for quick updates and turn around for pricing products and

services.

* Created flexible and easy to use forecasting tool. This tool resulted

in improved forecasting accuracy, better reporting capabilities and

reduced support costs by FTE

* Identified $250K annual savings related to retired and decommissioned

hardware. Provided immediate payback

Areas of Expertise

* Financial Planning: Budget and Forecast

* Cost Accounting: Pricing Models

* Accounting Operation: Month-end Close, Revenue/Expense Analysis,

Revenue Recognition

Senior Accountant (1990 - 1992)

Managed the AR, Customer Billing and the revenue recognition functions

Supervised a staff of 4 billing specialists

GE Capital Consumer Card Company - Cincinnati, Ohio

1989 - 1990

Bankcard Receivables, Fixed Assets and Cash Flow

Supervised staff of 3 degreed accountants

Accounting Manager

Provident Bank - Cincinnati, Ohio

1985 - 1989

General Accounting, Financial Reporting and Account Analysis &

Reconciliation

Senior Accountant

Accountant II

Accountant I

Home Federal Savings & Loan Association - Hamilton, Ohio

1980 - 1985

General Accounting, month-end close and regulatory reporting

Staff Accountant

Audit Clerk (Co-op)

Education

MBA - Masters of Business Administration

Accounting/Finance/Tax (3.3 GPA), Xavier University (1990)

BBA - Bachelors of Business Administration

Double Major: Accounting/Finance, University of Cincinnati (1982)

Certification

CPA - Certified Public Accountant - State of Ohio- Active License #32015

(1994)

Systems & Software Experience

Accounting Software: PeopleSoft Financials/Essbase/Hyperion, QuickBooks

Microsoft Office, EXPERT in: Excel, Word and PowerPoint



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