Management Project

MITCHELL STEIN

Floral Park, NY 646-***-****

********************@*****.*** www.linkedin.com/in/MitchellSteinFinance

SUMMARY

Financial Executive with comprehensive experience in financial reporting and analysis, operating and capital budgets, implementation of financial systems, management presentations, staff development, and building collaborative and productive relationships. Manages and implements change, enhances value and performance, and successfully leads within: Growth, Business as Usual and Enterprise Finance Transformation environments.

Financial Reporting, Analysis and Metrics

Operating and Capital Budgeting

Re-Forecasting with Variance Analysis

Cost Reductions / Expense Management

Staff Development and Enrichment

Efficiency/Process Improvements

Integration of Financial Applications

Establish collaborative business partnerships

PROFESSIONAL EXPERIENCE

NEW YORK LIFE INSURANCE COMPANY, New York, NY 2012 – 2015

Corporate Vice President, Finance (FP&A)

Provided detailed financial analysis for $80M+ in annual IT Infrastructure procurements which were reviewed with Senior Management, presented monthly project tracking reports to Corporate, established close working relationships with all business partners, proposed process improvements leading to implementation of new templates and procedures, and communicates effectively with all internal and external business partners.

Developed several financial analysis scenarios for large IT acquisitions to determine most cost effective solution, saving over $2M. Identifying risks and opportunities for each project.

Presented proposed IT acquisitions on a Cash and GAAP basis (revenue recognition) to senior leadership

Responsible for $180M Budget, projects and operating.

Standardized financial templates for project analysis: Business Case Documents, Business as Usual Costs, Project Proposal vs. Budget, and Lease vs. Buy Analysis, Trend Analysis, and KPI Analysis, minimizing time spent on report production and simplifying the management review and approval process.

Verified Financial Vendor Due Diligence Analysis for perspective third party vendors, highlighting four at-risk vendors to Senior Management.

Defined and implemented Corporate Roles and Responsibilities to increase collaboration between: Finance, Vendor Management, Asset Management, PMO and IT Management.

AIG, Inc., New York, NY 1990 – 2012

IT Finance Manager (2007 – 2012)

Provided financial management to Chief Information Officers by: analyzing monthly operating expenses (labor, non-labor and IT) and capital results, updating the monthly forecast, consolidating results, providing variance explanations, tracking labor spend (cost and headcount) and managing all other financial activities.

Developed and managed an Operating Budget of $100M for six Corporate Application Development teams.

Calculated monthly accruals for: cost allocations, software license amortization, IT contractors and all other operating expenses to ensure accuracy of the monthly financials.

Implemented software license renewal policies and controls saving software maintenance costs ($250k yearly)

Reconciled and re-forecasted all capital and expense accounts. Implemented controls and procedures to ensure currency of all payables ($1.5M and 2+ years old).

Provided financial analysis of all proposed IT Business Cases ensuring positive ROI.

Implemented SOX compliance procedures and quarterly testing.

Overhauled procedural inefficiencies and developed solutions to: reduce redundancy, increase expense control and enhance productivity.

Finance Manager (2002 – 2007)

Established and managed all non-IT teams within eBusiness Technology. Expanded the Finance Manager role to include: Human Resources, Facilities Management, Project Management and Administrative functions.

Financial Management

Developed and submitted annual Operating and Capital Budgets to Corporate: $20M.

Compiled and presented monthly financials to IT Vice President and Chief Information Officer.

Reviewed General Ledger activity and calculated accruals and adjusting journal entries.

Human Resources

Managed the on-boarding and off-boarding of incremental staff (over 100 on-shore and off-shore yearly).

Coordinated all incremental staffing requests and project teams within available Budget.

Implemented the IT Contractor Procurement system to streamline the review and approval of all consultant activity: recruitment, on-boarding/off-boarding, invoicing.

Facilities Management

Relocated on-shore team three times in four years.

Negotiated lease contract saving $3M annually.

Provided workstations for all project/incremental staff.

Project Management

Established a Project Management Office (PMO) for the unit.

Managed the first AIG implementation of Microsoft Project 2003.

Generated weekly reports: project inventory, project status, pipeline projects and open issues logs to review with the CIO and Business Leads to track and prioritize projects.

Controller (1990 – 2002)

Reported Quarterly Corporate Financial Package (Balance Sheet, Income Statement and 20+ supplemental schedules) for nine legal entities.

Processed intercompany elimination entries, consolidated results.

Developed annual Operating and Capital Budget.

Calculated currency translation (Balance Sheet and Income Statement).

Implemented: a Financial Consolidation System, Salary Planning System, internal Accounts Payable system.

CALDWELL UNIVERSITY, Caldwell, NJ 1990 – 2014

Adjunct Professor Taught on-campus and distance learning courses: Finance, Accounting and Economics.

EDUCATION

MBA, Finance, St. John’s University

BA, Accounting and Economics double major, Queens College

COMPUTER SKILLS

MS Excel, MS Word, Clarity Budget, Ariba, Sharepoint, Fieldglass, SAP

Contact this candidate