Accounts Payable Manager
Resume:
Michael D'Angelo
Walnutport, PA 18088
Objective: Results driven professional with a proven track record seeking
a growth opportunity position to further utilize and expand my
directing, coordinating, and managing skills to provide greater
Accounts Payable efficiencies and controls.
Work Exp Sirius XM Satellite Radio Inc. 1221 Avenue of the Americas,
NY, NY 10020
12/07 - Current Senior Manager, Accounts Payable and Employee T&E
Direct a staff of 8. Process and report Accounts Payable and
Employee T&E transactions using Oracle Payables, Oracle
Workflow, and T&E modules. Responsibilities include:
Special Projects Functional Project Lead responsible for:
Payables System upgrade to Oracle 11i combined with Workflow
Decision Management while merging the legacy XM and legacy
Sirius Satellite Radio Payable functions. System conversions
include Lawson AP to Oracle Payables and Pnet to Oracle
Purchasing applications as part of a 3 year project plan for AP
and T&E.
Additional Accomplishments Include- Partnered with Internal
Audit to implement processing, payment, and disbursement
controls, policies, and department standards while adhering to
SOX compliance
-Provide weekly cash flow forecasts, monthly T&E Spend by
Business Segment, and
AP Processing Metrics
-Consolidated bank accounts and improved controls surrounding
wire transfers
Hachette Filipacchi Media US, 1633 Broadway, NY, NY 10019
06/06 - 12/07 Director, Accounts Payable and Employee T&E Reimbursement
Direct a staff of 7. Process and report AP, ePro, and Employee
T&E filings and reimbursements using Peoplesoft Payables 8.8.
Additional responsibilities include:
-Strategic planning, software implementation, project management
and implementation.
-Successfully implemented a web based US travel program, travel
agency, US T&E Policy, preferred vendors for additional cost
savings.
-Successfully rolled out new policies and procedures to improve
the AP and ePro process
-Manage treasury activity including cash management, cash flow
forecasts, and JP Morgan Chase Access System administrator
04/02 - 06/06 Moody's Investors Service, 99 Church Street, New York, NY
10007
Director, Payroll, Accounts Payable, and T&E Employee
Reimbursement
Responsibilities include: Direct a staff of 8. Process and
report Payroll, AP and Employee T&E using ADP (PCPW for Windows)
and Peoplesoft Payables 8.0. Additional responsibilities include
identifying and overseeing strategic initiatives, special
projects, and system implementations. Accomplishments include:
-Functional l Project Lead for the Peoplesoft AP 8.0 and HRMS
implementation initiative
-Successfully established a new AP and T&E processing department
including workflow
documentation, key controls, policy and procedures
- Identify key and compensating controls and oversee Sarbanes
Oxley scheduled audits
-Created an Accounts Payable and T&E Policy and Processing
Procedure Manual
-Successfully transitioned Payroll from HR to Finance
-Designed and established a documentation and review process for
each semi-monthly pay
06/01 - 02/02 The McGraw-Hill Companies, 148 Princeton Hightstown Road,
Hightstown, NJ
Director, Accounts Payable and T&E
Responsibilities Include: All domestic AP and T&E processing and
administer the American Express Corporate Card program, identify
strategic initiatives, create and implement policies and
procedures, daily interaction with senior level managers and
executives, assess risks, evaluate controls, and oversee special
projects. $2.1B paid annually which included 350,000 invoices
and 60,000 expense reports. Oversee a staff of 51 with 7 direct
reports.
Michael D'Angelo (continued)
12/92-06/01 Time Inc. 1271 Avenue of the Americas, NY, NY 10020
Assistant Director, Accounts Payable
Responsibilities include strategic planning for accounts
payable, manage and direct the accounts payable/purchase orders
matching process, negotiate contracts, disburse payroll for
16,000 employees, 1099 reporting, oversee cash flow activity and
project efforts, spearhead
cost containment initiatives. Directed a staff of 15,
processing 330,000 invoices and disbursements in excess of $2
billion annually operating in a shared service environment.
Special Projects:
-Member of the Time Inc. Accounts Payable Operational Committee
-Designed the Accounts Payable Strategic Plan through 2002
-Implemented PeopleSoft Payables for all Time Inc. business
units
-Recommend and implement key strategic and policy changes
surrounding Accounts
Payable and cost containment initiative efforts
-Re-engineered and designed many accounts payable and
purchasing tasks to provide
streamlined, cost effective processing solutions that add
additional controls
-Developed a shared service organization currently servicing 30
legal business units
Recognition
-President's Award Nominee in 2000
Time Inc., 1271 Avenue of the Americas, NY, NY 10020
Accounts Payable and Disbursements Manager/Special Projects
Manage the day-to-day accounts payable and disbursement process
consisting of a staff of 26 and processing more than 240,000
invoices. Responsible for implementing best practice
initiatives.
Special Projects:
-Designed, developed, managed and coordinated the 1994-6
Accounts Payable Project
Plan for Time Inc. utilizing the industry standard "Best
Practice Initiatives"
-Develop reports to assess and target spending by commodity to
senior managers
-Recommended and implemented cost saving initiatives throughout
the firm
-Created on on-line invoice verification process eliminating
disbursement backlogs
-Reorganized the disbursing process and reduced the file space
by over 75%
-Designed exception reporting to manage and control the accounts
payable process
Work Exp. Prudential Securities, 100 Gold Street, NY, NY 10292
6/89-12/92 Accounting Manager, Information Systems and
Communications
Managed and directed a staff of 10 employees for payment and
allocation of firm wide information system, computer,
telecommunication and satellite communication expenses. Direct
communications with executives within the firm. Additional
accomplishments include:
-Divisional P&L reporting and variance analysis
-Preparation of the annual firm wide budgets and monthly
expense forecasts/accruals
Special Projects:
-Designed a system to accept firm wide voice, data, equipment
and circuit charges
using an ANSI X.12 format to allocate and
control the vendor billings
-Implemented monthly vendor audits to ensure proper pricing was
charged
-Provided a detailed monthly spending analysis by division to
senior level executives
Work Exp. Wang Labs, 780 Third Avenue, NY, NY
1/84-6/89 Finance Manager
Responsibilities include order acceptance, equipment
distribution, revenue reporting and billing, monthly sales
forecasts, accounts receivable and payable, inventory and
expense control. Monthly, quarterly, and annual budget
preparation and variance analysis. Managed a staff of 8.
Work Exp. Burroughs Corporation, 605 Third Avenue, NY, NY
7/81-1/84 Finance Analyst
Entry-level finance position supporting a Business Manager.
Education: Bernard M. Baruch, New York, NY B.B.A Business Management
Studies - May 1981
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