ALBERT J RIERA
** ********* ***. #**, **** Chester, NY 917-***-**** ********@*****.***
FINANCIAL MANAGEMENT LEADER
Dynamic, versatile, and accomplished professional with significant experience and success in executive capital and fund management, corporate communications, process optimization, forecasting, policy development, and cost control. A focused leader and business department turn-around specialist. Forges and maintains strategic relationships with diverse groups of colleagues and clients. Superior time management, problem solving, and risk management skills. Builds, mentors, and motivates top-performing teams. Employs strong initiative to complete tasks in fast-paced, challenging work environments with shifting priorities. Innovative, resourceful, and bilingual.
AREAS OF EXPERTISE
Executive Management/Leadership ● New Business Development ● Cost Control ● Process Optimization
Financial Operations ● Strategic Planning & Analysis ● Internal Controls ● Negotiations
Budgeting & Forecasting ● Risk Mitigation ● Policy Development ● Recruitment/Development
Corporate Communications ● Compensation Incentive ● Team Building ● Mentoring
PROFESSIONAL EXPERIENCE
ACCESS.1 COMMUNICATIONS, INC., NY, NJ MA, TX, LA
Radio and television broadcaster with syndication and network subsidiaries and revenues of $75M
Corporate Controller, 2004-Present
Established financial stability of 5 market/20 station group through financial/accounting framework development; enhanced financial performance, analyzed financial reports, and achieved all goals
Oversaw general ledger, financial reporting/analysis, accounts payable, accounts receivable and collections, payroll, human resources, trade accounting, event financial recap, monthly forecast, and annual budget
Designed and implemented highly accurate and attainable financial budgets; anticipated requirements, trends, and variances
Developed action plans, analyzed results, initiated corrective actions, and minimized impact of variances
Improved business operation internal controls from failing audit score to near perfect within 7 months of employment; implemented support and control systems/structures
Saved $500K/year with computerized manual accounting and reporting systems
Led recruitment and training of 21 staff members in Accounting, Human Resources, Credit, and Traffic
Consolidated financial and traffic operations; restructured operational workflows to achieve optimum accuracy, realized operational savings of $200K+ annually, and reduced revenue adjustments and bad debt of $1.1M
Designed and implemented commission compensation incentive plans; drove desired sales results
Presented monthly/quarterly financial results to senior management, stockholders, and lenders
Reduced DSO by 30 days through proactive credit and collection policies and practices
Negotiated buying and selling radio and television properties thorough due diligence
777 MEDIA, INC., NY, FL
Real Estate, Advertising Agency, Promotions, and Small Business Investment firm
President/Owner, 2001-2004
Buying and Selling Commercial and Private Properties-7MM
Due-Diligence Analysis for Investment in Small Businesses-50K-250K
Operator of Small Advertising Agency with Billings of 850K
Operator of Promotions Company with Billings of 350K
Handled all Day to Day operations of the Business
Installed all Systems and Programs for the Business
Built Banking & Insurance Relationships
ALBERT J RIERA, PAGE 2
43 Ellendale Ave. #11, Port Chester, NY 917-***-**** ********@*****.***
SPANISH BROADCASTING SYSTEMS, NY, CA, IL, FL, PR
A radio and television broadcaster with $175M in revenue
Division Controller, 1990-2001
Managed station financial operations: general ledger, financial reporting/analysis, accounts payable, accounts receivable and collections, payroll, human resources, trade accounting, event financial recap, monthly forecast, and annual budget
Led a/p review for duplicate payments; saved company $125K
Slashed CPA form audit fees by $100K/annually by bringing outsourced accounting in-house
Streamlined and enhanced corporate budgeting process (served as cornerstone upon which company’s operations were measured)
Headed preparation of monthly financial statements and supported schedules, 10Q, 10K, federal/State/local tax reports, monthly journal entries, account analysis, bank reconciliations, variance analysis, and fixed-asset schedules
Recruited and developed staff in Accounting, Human Resources, Credit, and Traffic; supervised A/P, A/R, Payroll, Credit, Collections, and Human Resources departments
Enhanced accounting processes; improved efficiency of A/P, A/R, and G/L
Maximized return on financial assets; established financial policies, procedures, controls, and reporting system
Achieved all budget objectives: scheduled expenditures, analyzed variances, initiated corrective actions, limited risk on cash by minimizing bank balances and making investments
EDUCATION
Pace University, White Plains, NY, Bachelor of Science, Finance and Accounting (minor in Management, Economics, Computer Science, and Mathematics)
TECHNICAL PROFICIENCY
Microsoft Dynamics-SL 6.5 (Solomon), FRX, Microsoft Dynamics GP (Great Plains), CBS (Interact), Peachtree, MAS-90, QuickBooks, Oracle, Crystal Reporting, Visual Traffic, Marketron, WICKS, Delta-Flex, JDS/Columbine, Microsoft Office (Word, Excel, Access, PowerPoint), Paradox, ADP, and Paychecks
PROFESSIONAL GROUPS
National Association of Broadcasters
Broadcasting and Cable Financial Management
National Association of Black Broadcasters
Radio Advertising Bureau
New York Market Radio