Sales Accounting

John r. Lloyd

**********@***.*** 678-***-**** Greater Atlanta Metro

Linkedin.com/in/JohnRobertLloyd

Professional Summary

Financial Management Expertise • Controller Experience • Accounting Background

Financial leader with extensive achievements in progressively responsible roles with a major American corporation improving processes and delivering bottom-line results such as reducing financial reporting from weeks to days, more accurate forecasts by working with operations, and providing financial guidance on contract negotiations. Adept at all aspects of financial and accounting management, budgeting, forecasting, reporting and analysis. Highly effective team leader with a history of improving the work environment for more productive and highly motivated employees.

Areas of Expertise:

Team Leadership – Strategic Planning – P&L – Budgeting & Forecasting – Financial Modeling – Executive Presentations

Process Improvement – Compensation & Bonus Planning – Training & Staff Development – Month-End Close Processes

Financial Analysis – Reconciliations – Hyperion Systems – Consolidations – Systems Implementation – SOX Compliance

Professional Experience

Turner Broadcasting System, Inc. – Atlanta, GA

Multiple business units of Turner Broadcasting System, Inc.

Senior Director, Financial Analysis – Turner Sales, Distribution, and Sports Group (TSDS) (2011 to 2014)

Distribution, Advertising sales and Sports Division with $9 billion in annual sales. Led finance group in all aspects of compliance, financial reporting, compensation and bonus planning. Analyzed business operations and processes to design effective metrics for assessing executive performance. Evaluated business initiatives and presented strategic recommendations to senior leadership.

Eliminated $10 million in annual cost in 2013 and 2014 by leading the Earnings Improvement initiative to comply with the company’s directive to find cost savings within each area.

Enabled executive management to make strategic and economical business decisions by managing monthly forecast processes for TSDS segment, summarizing opportunities and risk, and recommending strategies to exceed targets.

Coordinated with division on budget, provided direction on growth projections, consolidated results and presented to executive management in order to prepare for companywide budget presentations.

Provided hands-on leadership, guidance and mentoring to staff resulting in staff promotions.

Developed and implemented divisional Experience Exchange mentoring program to retain and promote HIPO candidates resulting in multiple promotions and low turnover.

Senior Director/Director, Financial Analysis – Turner Entertainment Group (2002 to 2011)

Entertainment and Animation divisions responsible for the individual networks financials. Led consolidating financial group in reporting of actual and forecast to corporate office. Prepared financial models and presentations for senior management. Provided monthly digital media key metrics reports. Developed monthly standard forecast reporting packages for executive management.

Financial lead on the NBAD acquisition. Developed strategic model to capture anticipated revenues and costs of new venture. Prepared and presented presentation decks to both Turner and NBA senior executives. Determined and implemented the integration into Turner financials. In first year, assisted renegotiations for better terms in profit share resulting in additional multi-millions for Turner.

Managed the integration of truTV financials into Turner’s, including handling forecast and actual closing during interim, assisted allocating companies in revenue recognition, and trained new employees in Turner’s procedures and processes resulting in a smooth transition.

Integral member of the Digital Media Core team which determined and defined Turner’s digital media structure. Led the team to create consistent, accurate automatic reporting. Convinced financial groups to change their processes and financials resulting in automated digital media reporting and enhanced digital dashboard.

Managed the coordination with BU’s on forecast, recommend strategies to exceed targets. Provided weekly updates in order to assist senior management in making prompt judicious decisions during critical periods.

Managed monthly forecast and cash flow preparation providing guidance on extraordinary complex activity.

John r. Lloyd

**********@***.*** 678-***-**** Greater Atlanta Metro

Linkedin.com/in/JohnRobertLloyd

Professional Summ

Controller II, Turner Network Sales/Turner Home Satellite (1997 to 2002)

Domestic sales unit responsible for $4 billion in distribution revenue. Turner Network Sales (TNS) sales division was responsible for Cable subscription sales and marketing; Turner Home Satellite (THS) was responsible for direct broadcast subscription sales and marketing. Led finance/accounting group within those divisions.

Managed a staff of 23 professionals in the daily accounting, financial reporting, and analysis functions including revenue and expense recognition, monthly variance explanations, accounts receivable portfolio management, and cash flow planning.

Planned, coordinated, and produced the annual budget and long range plan for TNS and THS.

Converted and cultivated the accounting department to a more analytical, advisory role in order to meet the increasing requirements of upper-management.

Improved and automated the monthly forecast and actual reporting; reducing the monthly close processes by five days for expenses and by two weeks for revenue.

Successfully consolidated the accounting operations of two separate sales divisions (cable and satellite) into one, eliminating duplicate positions.

Managed the Wonder Years audit, analyzed New World’s claim against Turner, and substantiated Turner’s participation statements which resulted in reputing New World’s claim of $ 6 million owed.

Managed the separation, and implementation of the merger Home Satellite retail division to Home Box Office Direct resulting in a smooth transition.

Controller I, Turner Program Services, Atlanta, GA (1994 to 1997)

Domestic sales unit responsible for cash/barter syndication and advertising sales of Turner movie and television properties to independent/group-owned television stations throughout the US. TPS produced Turner-owned TV series such as National Geographic series, Lazarus Man, and Lauren Hutton.

Managed all functions of accounting, financial reporting, and analysis for TPS.

Managed the planning, coordination and presentation of the annual budget/long range plan.

Supervised the accounting department of 12 accountants.

Presided over the accounts receivable and accounts payable of business unit

Managed the corporate accounting function and worked closely with the production accountants on “The Lazarus Man” and “Lauren Hutton and” productions.

Successfully shut down TPS, transferred of the entertainment business to Warner Brothers Syndication, and established CNN Newsource Sales for news syndication.

Education

CPA – Maryland (inactive, restating 1/1/2017)

University of Maryland – College Park, MD

Bachelor of Science, Accounting and Marketing

Professional Development and Awards/Recognition

Turner Leadership Experience – pilot group, internal program to Turner leaders

Turner Financial/Accounting Superstar Award – 4-time winner

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