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Management Financial

Location:
Southbury, CT
Posted:
April 08, 2014

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Resume:

THERESA DENNING, MBA

** ********* ***** 203-***-****

Monroe, CT 06468 *********@***.***

Finance Director – Controller – Entrepreneur

Accomplished multilingual senior-level executive with a 15-year track record of successful strategic and tactical

leadership within the Media and Marketing Services Industry. A visionary and creative with a commitment to

excellence. Entrepreneurial leadership style with highly effective planning, organizational, and communication

skills as well as a solutions-oriented approach to problem solving. Collaborated with multiple departments to

develop and build multiple revenue streams and client contracts. Involved in the operational setup of multiple

international offices collaborating with IT, Tax, Legal, senior management to meet corporate objectives.

Compose and implement policies and procedures for multiple organizations for Sarbanes Oxley/GAAP

compliance. Demonstrated ability to develop dynamic teams based on trust and mutual respect. Involved in

evaluating, planning, and implementing various financial software systems.

Core Competencies:

Profit & Loss Management Business Process Optimization System Implementations

Strategic Planning Corporate Culture Change Regulatory Compliance

Teambuilding and Leadership Deal Structuring Policy Formulation

Audit Management Fraud Management

Budgeting and Forecasting Contract Negotiations

Selected Career Highlights:

Key Achievements: Business Growth

• Operational Leadership in roles including multimillion dollar Profit & Loss management and

strategic planning for corporations with an average size of $300 million.

• Guided Initiatives involving process improvement, staff development and operational efficiency.

• Championed system design and implementation for North American market reducing costs,

improving efficiencies and positioned companies for International growth and competitive

strength.

• Successfully managed several complex post acquisition and integration phases.

Key Achievements: Improvements and Innovation

• Established financial models for various departments for increased workflow and efficiency.

• Fostered and established processes to increase cash flow and collections.

• Created systems that allowed the company to introduce new capabilities such as Media, Digital

Studio, Event Management, and Strategic Planning teams.

• Introduced new software to different groups using financial software and in-house systems to

provide reporting to various department groups for project and profitability management.

EXPERIENCE

TMT Solutions, LLC. Monroe, CT Feb 1996- Present

Offer financial and business management services for newly formed and fast growing small to mid-size

businesses.

Managing Director

• Provide consultative accounting services for smaller businesses including general accounting, tax

preparation, financial reporting, cash flow management, and general ledger analysis, A/P and A/R

management, Spanish and English translations and marketing for companies in these industries:

Property Management Creative Freelancers Import/Export Company

Market Research

Natural Cosmetics Company

THERESA DENNING, MBA

TMT Solutions, LLC. Monroe, CT (cont’d)

• Served as a Spanish interpreter for the judicial branch of the State of Connecticut.

• Represented media entities (TV, radio and print) in media placements for advertisers and advertising

agencies in Latin America, Europe and the United States.

R/GA Media Group, Inc., an Interpublic Group Company, New York, NY Nov 2006 – Oct 2012

Directly involved in building the financial structure of the organization. Agency revenue tripled from 81M to

280M, and grew from a single office operation into a multinational organization.

Controller

• Reported directly to EVP, Chief Financial Officer of this multinational Digital Advertising firm with over

370M in billings. The organization has tripled and expanded to multiple locations internationally.

• Managed and mentored a group of 9 individuals in the New York office and interfaced with personnel in

other Global RGA offices on financial and operational matters.

• Facilitated and supported financial and non financial staff in operational and financial matters in all offices

in London, San Francisco, Chicago, Singapore, Argentina, and Brazil, and the United States.

• Collaborated with parent company’s executive, legal, tax, treasury, and financial groups on client/vendor

contracts, and other financial related concerns for the organization.

• Prepared monthly financial reporting package and corresponding variance analysis to the parent company

and management.

• Managed Client Profitability across all offices including Estimate to Complete Revenue and Cost

Analysis.

• Managed and directed all internal and external audits and effected companywide organizational changes to

meet and maintain Sarbanes-Oxley/GAAP compliance.

• Strategized with client business leads on dynamic working business models to allow these teams to

operate as entrepreneurial segments.

• Coordinated and implemented a Media system that allowed the media team to manage their client budgets.

J. Brown Agency, formerly a division of Grey, a WPP Company, Stamford, CT Aug 1997 – Aug 2004

Built the finance operation and helped build various revenue streams that resulted in cash flow efficiencies

that provided 1 Million dollars to the bottom line year over year.

Director of Corporate Finance Dec 1998 – Aug 2004

Controller Aug 1997 – December 1998

• Assisted CFO with quarterly budgets, planning, and forecasting.

• Prepared monthly financial reports for 7 subsidiaries with a total of $60 million in gross billings.

• Reviewed and managed client profitability for clients such as Hershey’s, Kraft, Hewlett Packard, and

Tropicana.

• Established controls to improve cash flow and increase interest earned through inventory control, timely

billing, aggressive collections, and establishing payable controls.

• Collaborated with parent company’s executive, legal, tax, treasury and financial groups on client/vendor

contracts, and other finance related issues.

• Responsible for all G/L posting activity and analysis of all accounts company-wide.

• Cooperated with company executives to discuss strategy to discuss variable client contract

requirements and develop revenue strategies.

• Prepared management reports for quarterly review of client profitability.

• Prepared Sales and Use Tax forms for multiple states.

• Evaluated and implemented new computer systems including client financial systems.

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• Responsible for internal and external audit management.

• Managed Sarbanes-Oxley compliance and developed processes to mitigate any audit

issues.

• Managed and mentored immediate staff of 10 and financial personnel of other subsidiaries.

THERESA DENNING, MBA

Wells Rich Greene/BDDP, Inc., New York, NY Mar 1995 – Feb 1996

Assistant Controller

• Prepared consolidated financial statements for eight subsidiaries with billings over $650 million In US and

French Reporting formats.

• Analyzed client profitability reports and reported to individual account groups and controller.

• Streamlined client account activity for increased efficiency and improved cash flow.

• Assisted in the implementation of Computron financial reporting system.

Anderson & Lembke Inc., Formerly an Interpublic and CDM Company, NY Sept 1991 – Mar 1995

Collaborated with all organizational departments to integrate financial processes which facilitates better

tracking of job activity, billings, and resource to foster international growth.

Manager of Accounting

• Interfaced with clients, account executives, and financial personnel with agency billings of $180 Million.

• Monitored A/R, A/P, G/L, and performed bank reconciliations.

• Assisted in preparing financial reporting statements to management and the parent company.

• Expedited client financial workflow with national and international affiliates.

• Maintained client contracts and budgets for multinational such as AGFA, Allied Signal, Pfizer and Dow.

• Collaborated in the implementation of two computer systems integrating various departments that

increased workflow and efficiencies improving the bottom line.

William Douglas McAdams, Inc., Formerly an Interpublic Group Company, NY Oct 1985 – Sept 1991

Worked within the Media and Finance departments along with production to fully integrate processes to

increase efficiencies and control costs that allowed the agency to capitalize on monthly discounts and

improved cash flow.

Media Financial Supervisor Aug 1988 –

Sept 1991

Media Buyer Mar 1986 – Aug 1988

Media Accounts Payable Oct 1985 – Mar 1986

• Expedited billing and receivables of over $100 million for this pioneer Healthcare Advertising Agency.

• Developed better process workflow by using my media planning experience, which led to media, cost

control and improved cash flow.

• Assisted controller in A/R collections, A/P cost control, and G/L postings, variance analysis, and bank

reconciliations

• Evaluated process workflow to assist in the implementation of a new computer financial system.

• Provided translations and serviced Spanish speaking accounts where necessary for Product Campaigns.

EDUCATION

Sacred Heart University, Fairfield, CT – M.B.A – International Business June 1993

Colgate University, Hamilton, NY – B.A. – Literature, Pre-Med May 1981

Universidad de Granada, Granada, Spain - Coursework in Literature and History Jan - July 1980

AFFILIATIONS: National Association of Female Executives; Founder and President of Spanish House

(Colgate University); UNIDAD -Secretary; Secretary to the Student Body (Colgate University).

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LANGUAGES: Fluent in Spanish, conversational in Greek, studied French, and Italian.

SYSTEMS: SAP, Hyperion, Datatech, Computron, Adware, Customized Financial Software Systems.

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