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Manager Accounting

Location:
Lake Zurich, IL
Posted:
October 24, 2016

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Resume:

EDWARD TOCZYSKI

***** *********** **** **** ****, IL 60010

Cell: (224) 330 – 0065 acw7y7@r.postjobfree.com

SUMMARY

Senior finance, accounting and operations professional with expertise in organizational, business process transformation, cost reductions, and regulatory compliance. A business partner and leader with proven success at integrating businesses, evaluating existing or new environments, discovery and prioritizing issues, building collaborative teams, systems, processes and controls of a financial operation while driving continuous improvement. Demonstrated results in leveraging organizational resources and managing effective technologies for the success of the business and employee. Effectively communicates with all levels of staff, management and external business partners.

PROFESSIONAL EXPERIENCE

AXA-ASSISTANCE, Chicago, IL 2014 – 2016

$90M publicly owned provider of healthcare, provider assistance and travel insurance

Director, Finance Operations

Developed and managed multi-company, multiple site structure of finance employees.

Implemented finance and accounting process improvements creating end to end controls, policies, procedures for daily operations while reducing organizational headcount 20%.

Recruited, mentored and developed finance team while eliminating turnover to scale operations.

Established audit and compliance organizations for finance, operations, IT and claim processes.

Created project accounting, analysis, expense reduction initiatives and business recommendations driving management decisions for short-term and long-term goals.

Implemented Key Performance Indicators, metrics, benchmarks for financial and operating performance. Aligned policies and procedures being compliant with GAAP, IFRS, SEC and SOX.

Reduced monthly close by 50% and delivered business analysis managing annual budget/forecast.

Establish shared service functions (Finance, HR, IT, Treasury, Facilities, Procurement, Claims) to gain efficiencies; identify risks for analysis and recommendations to business partners.

Outsourced A/P, A/R and reconciliation functions to reduce expense and absorb payroll.

Created organizational cost accounting data defining a service catalogue for budgets and sales, resulting in standardized pricing for current year financial plan and three year strategic plan.

Re-engineered via cross-functional teams, new business development activities, enabling a 50% improvement in client on-boarding, revenue recognition of marketing programs.

Implement accounting systems and IT enhancements to gain process efficiencies across claims, financial and operational systems. Established project management PMO and UAT functions.

DOVENMUEHLE MORTGAGE INC., Lake Zurich, IL 2013 – 2014

$500M privately held mortgage insurance broker and administrative agent.

Controller

Created M&A model with PMO methodologies, allowing for revenue growth, cost reductions.

Developed strategy and operating budgets for capital expenditures in the areas of CRM, staffing, salary benchmarking, benefits, incentives and technology.

Produced monthly reports, KPI’s for communication of financial objectives to business leaders.

Developed IT, HR, and procurement changes to ensure compliance with CFPB regulations.

INDEPENDENT FINANCE AND ACCOUNTING CONSULTANT 2009 – 2013

Managed individuals and cross-functional teams for 3 large public companies policy changes, SOX compliance, organizational transformation, and project implementations.

Provided strategy, metrics and audit guidance for shared services and M&A functions.

Created and successfully managed multiple non-profit organizations until fully staffed.

Edward Toczyski Page 2 of 2

Developed and implemented capital and operating plans for fixed assets, strategies for IT investments, facilities, new staffing procedures, and a redesigned employee benefit plan.

Developed accounting policy and procedures for asset management, process audits, financial reporting, payroll and T&E processing for several Fortune 500 and non-profit organizations.

ALLSTATE INSURANCE COMPANY, Northbrook, IL 1982 – 2009

$30B publicly held property casualty and life insurer

Finance Director and Controller of Shared Services 2003 – 2009

Improved shared services processing and P&L expense reduction by moving corporate tasks into one organization, substantially improving services delivered to internal customers.

Coordinated accounting, HR and IT audits with auditors and state insurance examiners.

Centralized fixed asset management, created single capital budget and reduced costs.

Developed an expense management methodology that saved $142M in 2 years.

Created an enterprise expense budget strategy for the CFO and CIO, saving $46M annually.

Automated financial transactions for proper recording of GAAP, statutory and tax records.

Reengineered a $4B commission process for 14,000 agents, reducing staff 12%.

Championed Six SIGMA projects with annual saving of $29M.

Finance Director 1996 – 2003

Managed an senior team of professionals handling expense accounting processes, audit and compliance, corporate allocations, Statutory/GAAP reporting, and mergers and acquisitions.

Implemented SAP to streamline all accounting functions, reporting to the CFO and CIO.

Centralized procurement and vendor management functions with a first year saving of $110M.

Redefined collections and rebate procedures for vendor relationships, saving $32M annually.

Changed corporate budgeting and expense accrual processing, saving $21M annually.

Division Director, IT 1993 – 1996

Re-engineered corporate and field IT expense budgets of $1.2B.

Developed accounting methodology for $480M internal and external programming expenses.

Negotiated hardware upgrades at 10,000 sales locations, saving $120M.

Eliminated $10M of network expenses, and redefined acquisition and disposition procedures.

Simplified IT overhead allocations to create transparency and initiate expense reductions.

Senior Manager, Field Controller 1990 – 1993

Consolidated insurance escrow accounting, saving $12M annually.

Redefined corporate retention requirements, saving $24M annually.

Consolidated 13 field operations, reduced staff and assets, saving $124M annually.

Developed activity based costing model for all field and claim operations for P&L recording.

Prepared $100M regional operating budget, monthly analysis and multi-year business plans.

Prior Experience

Finance Manager, Claims / Marketing Project Manager / Data Center Operations Manager /

Accounting Supervisor

EDUCATION & CERTIFICATIONS

UNIVERSITY OF ILLINOIS, Chicago, IL BS, Business Administration

Six Sigma Champion Black Belt (Received the Six Sigma Leadership Award)



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