ROBERT A. FINKEL
** ********* **** ******, ** *6820 Office: 203-***-****
E-mail: **********@***.*** Cell: 203-***-****
SUMMARY
Strategically focused financial executive with a broad range of experience
in both corporate and entrepreneurial environments. A collaborative
business partner to senior and operating management with expertise in
financial planning & analysis, accounting, strategic planning, cash
management, reporting, and business process reengineering. Experience at
the corporate, division and profit center levels within established
companies. More recently recruited by start-ups in the satellite,
broadcast and publishing industries to launch/grow emerging businesses.
START-UP EXPERIENCE
GRAND PRIX SPORTS, INC., Las Vegas, Nevada (Start-up)
2008-Present
CFO
Reported to Founder/CEO. Handled all financial and operational planning
for a start-up sports/entertainment business focusing on the production of
wholly owned and operated sports content for television, Internet and
gaming venue distribution.
. Developed financial models and business plans for presentation to
potential angel, venture capital, private equity and institutional
investors.
. Determined optimum legal, tax and capital structures in conjunction
with fund raising efforts.
. Prepared operational plans and time lines related to the launch of
company operations.
METRO USA, New York, New York (Early Stage Company)
2007-2008 CFO, U. S. Operations
Reported to Corporate CFO. Led a team of 13 handling financial activities
for Metro New York, Metro Boston and Metro Philadelphia, three early stage
publications owned by Metro, Inc., the world's largest publisher of free
daily newspapers. Parent company divested its U.S. operations in 2009.
. Reengineered the accounting process to address a variety of control
weaknesses resulting in a favorable review by outside auditors after
operations had previously been deemed "unauditable."
. Partnered with Publishers to implement business strategies that
improved top and bottom line performance, including a 17% growth in
New York revenues despite a 10% market decline.
. Implemented monthly reporting package for management and investor
relations providing commentary, key performance indicators (KPI's) and
overall assessment of operating activities.
. Restructured company's risk management portfolio (commercial,
automobile, liability, executive protection, workman's comp, umbrella)
achieving broader coverage and a 17% reduction in cost.
. Established policies and procedures that strengthened Accounts
Receivable and collected $500 thousand of receivables over 150 days
past due.
. Prepared due diligence package in conjunction with business's
divestiture by parent company.
ENTREKIN BROADCASTING, LLC, Phoenix, Arizona (Start-Up)
2005-2006
Vice President, Finance/CFO
Financial partner on three-person management team for a start-up television
station group with plans to acquire and operate stations in small to mid-
sized markets. Market volatility affecting the valuation of potential
acquisition targets led partners to discontinue activities after one year.
. Led due diligence efforts related to potential station acquisitions.
Prepared financial projections, including income statements, balance
sheets, cash flows, capital structures and ROI's.
. Served as primary liaison with syndication companies and program
distributors. Developed programming plans utilizing contracted
inventory and potential program acquisitions.
. Prepared business plans and interfaced with investment bankers for
presentation to potential lenders and equity investors.
ROBERT A. FINKEL Page Two
VOOM HD ORIGINALS (CABLEVISION), New York, New York (Start-Up)
2004-2005
Vice President, Finance
Reported to Co-General Manager. Led a team of five handling financial
activities for 21 high definition channels exclusive to VOOM, a start-up
direct broadcast satellite (DBS) service. Parent company discontinued
operations after one year due to insufficient subscriber growth.
. Oversaw development of financial models that analyzed the feasibility
of distributing several high definition programming services to
domestic and international cable and satellite providers.
. Implemented capital plan that purchased $9 million of camera, audio
and editing equipment, establishing the most advanced high-definition
post production facility in the television industry.
. Established policies and procedures to address internal control
weaknesses and ensure compliance with GAAP, Corporate and Sarbanes-
Oxley requirements.
CORPORATE EXPERIENCE
WORLD WRESTLING ENTERTAINMENT, INC., Stamford, Connecticut 2001-2003
Senior Vice President, Planning & Analysis
Reported to Chief Financial Officer. Led a team of six professionals
handling budgeting, forecasting and financial analysis for the leading
company in sports entertainment with annual revenues of $400 million.
. Provided dedicated financial support to Live Events, Pay Per View, TV
Production, TV Advertising, Licensing, Merchandising, Publishing, Home
Video and Digital Media businesses.
. Participated in the reengineering of WWE.com, creating a new business
model that increased traffic, broadened e-commerce capabilities and
reduced costs by 15%.
. Developed advertising models that measured delivered vs. guaranteed
ratings, identified a $5.0 million audience deficiency liability, and
determined impact of make goods on future revenues.
BLOOMBERG, L. P., New York, New York 1999-2001
Senior Financial Officer
Reported to Worldwide Head of Operations. Led international staff of 270
in Accounting, Contracts, and Supply Chain Management for $2 billion global
provider of financial news, information and analytics.
. Appointed Regional Controllers to oversee activities in Europe, Asia
and Latin America, achieving a standardization of operating policies,
internal controls and reporting procedures.
. Created and staffed new internal functions for Audit and Tax.
Implemented programs that improved internal controls and generated
over $1.5 million of Value Added Tax (VAT) savings.
. Centralized international banking structure to facilitate cash
management activities in six countries and maximize the return on $2
billion in annual cash receipts.
KTTV (FOX TELEVISION STATIONS), Los Angeles, California 1998-1999
Vice President, Finance
Reported to Vice President, General Manager. Led staff of 10 in management
of financial activities for a television station with over $200 million in
annual revenues.
. Directed preparation of capital and operating budgets/forecasts and
created reporting tools that increased accountability and improved
control of $80 million in annual expenditures.
CBS INC. /EYEMARK ENTERTAINMENT, Los Angeles, California 1996-1997
Vice President, Finance
Reported to Division Executive Vice President. Led staff of 17 in managing
all finance and accounting activities for a $200 million
domestic/international syndication business.
Designed budgeting/reporting process that established accountability for
Production, Syndication, Media Sales, Cable Sales, Video Services and
Consumer Products business units.
Developed capital plan that upgraded computer hardware and acquired
conversion equipment to support expanding activities of the Video Services
operation. Project generated return of 84%.
ROBERT A. FINKEL Page Three
CBS INC. /CBS TELEVISION STATIONS, New York, New York 1990-1996
Vice President, Finance & Station Services
Reported to Division President. Oversaw all finance, accounting and policy
activities for a division with nine television stations, a regional cable
sports network and $500 million in annual revenues.
Developed cost reduction strategies that limited average annual cost growth
to 2% over five-year period and reduced overall staffing levels by 15%.
Re-crafted Division's paid programming policy creating a new revenue stream
that generated over $10 million in incremental annual sales.
Evaluated potential media acquisitions. Integrated operations of acquired
properties, including 4 television stations and a regional cable sports
network, with combined revenues of $125 million.
Coordinated team efforts with sales management that merged national sales
and marketing organizations into a joint venture operation with Group W
(Westinghouse).
Oversaw the development of a new sales/traffic system to enhance pricing
strategy, inventory control and management decision making.
EDUCATION
Master of Business Administration, University of Chicago, Majored in
Finance and Accounting
B.A., Washington University (Mo.), Majored in Economics
Certificate of Completion, Sarbanes-Oxley Hands-On Workshop, SOX Institute