Accounting Management Controller Finance

Timothy E. Dunleavy

**** ******* ***, ******** ** 07747 - Tel.732-***-**** – Email ***********@*******.***

EXECUTIVE SUMMARY

Diligent Leader with 15+ years of accounting and finance experience within diverse, fast-moving environments. Offers executive leadership presence and global background that includes planning, analysis, budgeting, forecasting and reporting. Drives day-to-day activities and key initiatives ranging from companywide software implementations to new policy development. Multifaceted and data-driven with keen ability to support business, operational, and strategic aspects. Delivers key improvements, including cost reduction, process automation, transparency and profitability. Leverages strong people leadership skills and coordinates with stakeholders and senior executive teams.

Distinguished level of skill in Financial Planning & Analysis, P&L Management, Budget Management, Expense Control, Cost Allocations, Variance Analysis, PBT Analysis, Month-End & Year-End Closing, Audit, Financial Statements, Reconciliations, Business Analysis, IFRS & US GAAP, General Ledger Systems, Management Reporting, Application & Data Cubes, Workflow Solutions

WORK EXPERIENCE:

Corporate Accounting Manager- Samsung (Atterro): November 2016- Present, Ridgefield Park NJ

Document accounting treatment and revenue recognition of company’s e-commerce transactions based on Samsung global accounting standard (SEGAM) and IFRS

Effective management of the finances, including accounting ledger and books of record, banking, disbursements and receipts, payroll, expenses and administration of benefits, commission calculations. Review and approve invoices/commission/employee expenses/refunds/sales discounts/promotions.

Maintain financial data, project reconciliation, and open items to follow up and reconcile

Control of annual budget process and monitoring of performance against budget throughout the year. Responsible for preparation of budgets and analyses of all budget variances

Internal & External Reporting: Prepare and communicate timely and accurate monthly financial results and annual forecasts, reconciled all accounts.

Enhanced and standardized financial reports - facilitating greater clarity of issues raised, and decision making on key problems

Developed and implemented policies and procedures for the accounting department, ensuring all practices reflected current regulations and in strict adherence with GAAP. Prepares financial statements in accordance with established accounting policies and practices. Assists with the implementation of complex accounting issues

Prepare monthly & yearly financial reports through SAP & Hyperion and complete reporting requirements to HQ, maintain up to date financial data and records (journal entries, ledger etc.).

Perform comprehensive variance analysis and determine root cause for each significant variance. Compare and monitor monthly/quarterly/yearly actual against the budget. Communicate with managers for the actual/budget issues

Work with third party on payroll processing & recording of journal entries, work with third party on tax issues that arise.

Assure that analysis of all accounts is performed in a timely manner, that proper controls have been applied

Understand inventory reconciliations and periodic stock revaluation.

Support Internal Controlling and financial requests from the external firm during yearly audits, responsible for audits preparations

Ensures correct commercial conditions and bonus agreements in SAP

Ensure all credit and debit memo requests are processed timely, establish credit limits for customers, review all invoices.

Manage and Maintain Company Budgets, Forecasting, & Sales Invoices.

Analyze complex accounting issues and resolve accordingly.

Implement and perform internal control procedures in order to help ensure the reliability and integrity of financial and operational information.

Provide summarized and detail-level reporting of e-commerce promotions / status on monthly basis to executive management.

Controller - Pinnacle Federal Credit Union: April 2015- May 2016, Edison NJ

Responsible for financial planning and analysis, also served as business analyst. Gathered requirements for implementation of new ERP system, wrote BRD's, and performed gap analysis.

Preparation and completion of the company's statutory and non-statutory reporting obligations, including tax and regulatory filings

Effective management of the finances, including accounting ledger and books of record, banking, disbursements and receipts, payroll, expenses and administration of benefits, commission calculations, reviewed all accruals and journals.

Management of Accounts Receivable, Cost & GL Accounting, Accounts Payable, & T&E expense management

Control of annual budget process and quarterly forecast, monitored performance against budget throughout the year. Responsible for preparation of budgets and analyses of all budget variances

Act as main point of contact with internal and external auditors as necessary. Served and credit union’s liaison with regulatory agency examiners and auditors, full responsibility for submission of regulatory filings, including 5300 and FR2900

Month end reporting packs & commentaries and interpretation for management and the board

Responsible for the financial reporting, financial analysis, cash management and forecasts on a monthly, quarterly and annual basis to the Board of Directors

Internal & External Reporting: Prepare and communicate timely and accurate monthly financial results and annual forecasts

Enhanced and standardized financial reports - facilitating greater clarity of issues raised, and decision making on key problems

Oversaw and manage the financial, accounting and cash management functions of the credit union, including AP/AR, budgets, collections, GL, investments, financial analysis, financial reporting, payroll and tax

Developed and implemented policies and procedures for the accounting department, ensuring all practices reflected current regulations and in strict adherence with GAAP. Prepares financial statements in accordance with established accounting policies and practices. Assists with the implementation of complex accounting issues

Prepared and reviewed credit union finance projections and managed all investment activities. Provided guidance and oversight into the credit union’s investment activities

Handle insurance related issues (workers compensation, general liability, etc.)

Participated in determining deposit and loan rates

Responsible for all FP&A activity for institution.

Vice President, Finance - Barclays: July 2012- December 2014, New York, NY

Provides oversight for full month-end close process of Americas region's investment banking IT, real estate, legal, risk, corporate services and BCM areas; ensures full compliance with IFRS and US GAAP. Prepared monthly decks for senior management, presented to regional and global senior management

Proven ability to identify risk (financial, operational, legal, regulatory, etc.), develop, and implement appropriate risk management strategies

Created cost allocation models for activity based costings to bill out costs for functions to front office business units, communicated with senior stakeholders as to cost allocation methodologies and provided transparency into charge back initiatives.

Prepared monthly project accruals, tracked and analyzed all T&M billing for IT services, reconciled invoices, and prepared project P&L and annual budget/forecast; facilitated budget review and presented funding requests to steering committee for approval

Review all accruals, sign off on balance sheet and P&L. Reviewed and signed off on quarterly attestations, 10-Q’s/10-K’s

Managed a staff of 4, 3 in New York, 1 in Chennai, responsible for staffing and training, also employee reviews

Prepare and track yearly budget, multi-year plan, rolling forecasts and quarterly forecasts. Full budget responsibility for $460MM budget. Timely and accurate budgeting, forecasting, and planning processes, including the ability to explain business metrics driving financial performance

Maintain Galaxy SAP environment and legal entity mapping in BW and BPC, full responsibility for fixed assets registry. Manage and ensure that actuals loaded into BPC tie to reported results monthly. Ensured financial data loaded to BPC is complete and accurate.

Oversaw reconciliation of sub-ledgers to SAP, conducting full GL restructure within SAP. Responsible for the expense planning & management reporting in BPC.

Vice President, Finance - Morgan Stanley: July 2007- July 2012, New York, NY

Responsible for ~$1.8B real estate portfolio globally, created yearly budget/forecast, liaising with front office BU’s and Corporate Services, included budgeting, forecasting, tracking, foreign exchange, and variance analysis; led and trained four-person team based in New York and Budapest

SEC line owner for both the Occupancy & Equipment as well as Other Expenses, full month-end closing responsibility

Prepared monthly Business Units decks, analyzed all variances, presented to internal clients

Responsible for real estate section of 10-Q/10-K reporting as well as joint venture, partnership reporting for Smith Barney JV

Assists with the accuracy and timeliness of external financial reporting including external reporting in compliance with SEC regulations, including quarterly reports on 10-Q and annual reports on 10-K

Review all variable expense accruals monthly, challenged costs, liaised with auditors (D&T). Assist the external auditors by facilitating their audit procedures.

Reviewed monthly allocations, confirmed charges within clearing centers matched outgoing allocations to BU’s

Prepared monthly decks for senior management, presented to global BU heads as well as co-president and Firm COO/CAO, worked monthly with global expense management group, awarded CFO award for expense management work

Assisted in the creation of space allocation policy, working with BU as well as corporate services and senior management, Created cost allocation models to bill out costs for functions to front office business units, communicated with senior stakeholders as to cost allocation methodologies and provided transparency into charge back initiatives.

Managed a staff of 4, 3 in New York, 1 in Budapest, responsible for staffing and training of space controllers group, yearly employee reviews (360’s)

Responsible for all FP&A activity for division.

Finance Manager - AIG (Volt Technologies): March 2006- June 2007, New York, NY

Oversight and management of the accounting for specified programs assigned, specifically SAP SD implementation, liaised between technical (IT) and business units (Reinsurance)

Prepared monthly accruals, reconciled invoices, and prepared project P&L and annual budget/forecast; facilitated budget review and presented funding requests to steering committee for approval

Managed monthly, quarterly and year-end closing, including analysis of results and variances. Responsible for all FP&A activity for institution

Managing support staff and interfacing with business directors and managers, ensured system met customer’s needs

Developed technology proposals for vendors and new solutions; worked with legal team and tracked spend.

Operations Controller - Molnlycke (PVCC): November 2003- January 2006, Newtown PA, USA

Held accountability for COGS statements, month-end close, variance analysis and reporting, and G/L accounts reconciliations for medical device business; prepared monthly P&L statements, including accruals

Interfaced with auditors and reconciled all intercompany accounts

Oversaw inventory management, including reconciling PPVs, verifying accuracy of levels, and making adjustments to coincide with business demand; collaborated with global supply chain and manufacturing

Coordinated with MHC companies and head office (Sweden) to monitor service level agreements, reconciled all intercompany accounts

Functioned as SAP champion and facilitated system-training classes

Reconciled spin reports on monthly basis and negotiated with distributors to resolve discrepancies, conducted cost of sales analyses for manufacturers and agents, and analyzed COGS reports; presented to senior management.

Financial Controller - Centra Group: May 2002- July 2003, Johnstown, Co Kildare, IRE

Directed group-wide payroll and preparation of consolidated financial statements for five retail business units totaling $120 in annual revenue; led three-person team

Analyzed data to ensure attainment of profitability forecasts, managed invoice discounting reconciliations, supervised preparation of weekly/monthly schedules, and prepared quarterly returns to trial balance

Coordinated inventory reconciliation, including resolution of stock issues to prepare year-end accounts

Facilitated account audits, resolved finance issues, reported variance, and conducted VAT analysis

Managed all accounting functions and related projects on Sage Line 100 ERP system, which included leading Euro upgrade along with network upgrades.

Accounting Manager - Eurest-Sutcliffe: January 2000 – May 2002, Temple Bar, Dublin, IRE

Oversaw month-end close, P&L and Balance sheet review. Ensured all accounting practices and procedures were carried out properly

Assisted in the implementation of new Lynx (accounting) software company wide, created and executed workshops, conducted site audits

Forecasted revenue as well as costs to reduce expenditures and ensure forecasts were met, brought all accounts to trial balance monthly

Prepared annual budgets, reconciled all budget overruns and reduced shrinkage through analysis of all relevant areas.

Business Manager (Consolidations Accountant) - Quinn Hotel Group: May 1996 – December 1999, Navan, Co Meath, IRE

Developed cost efficiency programs to reduce costs and inventory, negotiated and maintained group purchasing policy

Assisted in the creation of sales and profit projections, ensured goals were met and cost overruns avoided

Produced monthly management accounts, expense and profit projections versus actual, produced variance reports, performed month-end close.

EDUCATION:

Wheaton College; Bachelor of Arts 1992, Pre-Law (Philosophy/Legal Studies), Karrass Seminars, SAP Training Seminars

COMPUTER EXPERIENCE:

MSOffice (Excel, Word, PowerPoint Access, Project), Corel, Linux, Q & A, TAS, Sage, SAP (FI/CO/MM), Peachtree, Squirrel, Quicken, Comtrex, Lynx, Accpac, MAS 200/500, Hyperion, Cognos BI, Ariba, Business Objects, Omega, ProClarity, Intelligent Apps, Quickbooks

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