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Financial Analyst Management

Location:
Clifton, NJ
Salary:
125000
Posted:
November 10, 2023

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Resume:

WALTER F. TABACZYK

ad0z70@r.postjobfree.com Phone: +1-773-***-**** Cellular: +48-737-***-***

EXECUTIVE PROFILE

18+ Years’ BOD, Audit, CFO, Controllership and Big 4 Experience Manufacturing and Service Industries

Hands-on senior executive and business strategist with 18+ years of corporate leadership and consulting experience in Poland, preceded by 5 years as a Senior Financial Analyst in the U.S. Recognized for establishing corporate vision, maintaining focus on goals, making the tough decisions, and delivering results in challenging situations.

In-depth experience across the corporate Finance, Accounting and Treasury functions combined with strong Board/Corporate Governance qualifications. Fluent in English and Polish. MBA, Finance degree. EXECUTIVE LEADERSHIP COMPETENCIES

Strategic Planning & Implementation

P&L Management

Corporate Finance, Treasury &

Accounting

Budgeting & Financial Reporting

EMEA Financial Management Director

Department & Corporate Restructuring

EMEA Corporate Governance / Compliance

SOX Leader on Key Country Implementations

Internal Audit Systems & Controls

Implementation of Shared Services Center

Processes

PROFESSIONAL EXPERIENCE

Leo Burnett EMEA

(Global network of 98 full-service advertising agencies with nearly $9 billion in annual revenues in 84 countries) Director of Financial Management Controls

(2006 to 2016)

Senior Finance Executive for the Leo Burnett Network within the EMEA Region, with assignments carried out in North America, Canada and India. Full responsibility for all corporate compliance issues. Specifically, financial management, internal corporate policies and procedures, financial reporting. Stand alone position with direct reporting to the Chief Compliance Officer based in Chicago. Quarterly report to Management Board of Publicis Holding.

Selected Results:

Promotion given during 2005 with full time change job in 2006. Walter F. Tabaczyk Continued

Prepared and implemented standardized procedures and templates for the entire region that enabled Leo Burnett to have a monthly submission package based on key controls.

Transitioned agencies to a Shared Service Center environment.

Lead on SOX compliance for three tier one agencies ( UAE, France, Germany ), while performing CFO duties.

Within the CEE region plus Turkey, Ukraine, Serbia, Kazakhstan, Casablanca, Baltics, Egypt implemented from scratch, by working with the local FD’s, the monthly reporting packages. Significant improvement seen in the monthly reporting accuracy and budgeting process.

Resolved and minimized significant differences ( over 10 million Euro ) between local and GAAP reporting amongst tier 2 and tier 3 agencies.

Streamlined templates for all SSC’s within EMEA- Balance Sheet Substantiation, P&L reconciliation, A/R, A/P, headcount, etc.

Introduced a Purchase Order system to Poland, Hungary, Brussels, Serbia, Beirut, Casablanca.

Improved deficiencies of key controls from 89% to 8% within EMEA. This includes 100% sufficiencies of the major 6 key controls.

Worked with auditors in Germany, Ukraine, Russia and UAE to change accounting practice on WIP so that the balance sheet can be reconciled to the Profit and Loss Statement.

Reviewed and reported on Internal Audit issues on an ad hoc basis. Leo Burnett Poland Warsaw, Poland

Chief Financial Officer

(1997 to 2005/6)

Senior Finance Executive for the Leo Burnett Group of Companies in Poland with $13 million in annual revenues and 210 employees. Diversified a full service agency and positioned it for continued growth despite a declining communications market. Full responsibility for P&L, strategic planning, corporate development, accounting, finance, treasury, budgeting, financial reporting, contract negotiations, HR, IT, administrative and legal affairs for 5 agencies. Board of Directors member. Supervise a direct staff of 25 in 3 operating locations. Selected Results:

Partnered with CEO to build one of the most successful advertising firms in Poland, growing sales from 4X to $18 million and recognition as “Agency of the Year” for 5 consecutive years.

Provided financial leadership for the start-up of 2 independent agencies and 2 divisions.

Prepared and implemented restructuring plan for the D’Arcy agency, reducing costs by $600,000 USD in less than 6 months. Total Group cost reduction was approximately $3,000,0000 USD over a 13 month period. Cost reduction came from implementing a shared services environment, negotiating with suppliers and termination of staff.

Walter F. Tabaczyk Continued

Replaced outdated general ledger system with SCALA G/L system the first year. LB agency now has a fully integrated job costing and general ledger system.

Reorganized accounting department, separating local statutory reporting from management reporting responsibilities. Created and instituted a budget rolling forecast system. Received unqualified audit opinions each year.

Transformed IT department from a maintenance-only entity into a value-added unit that assists in solving agency and client problems. Created and implemented strategy that Invested heavily in IT infrastructure to take advantage of high margin activities ( DTP ).

Selected as SOX `leader/brand rep with full responsibility for 3 Tier one agencies in EMEA.

Recommended by COO of Leo Burnett Worldwide to receive company’s highly select stock option plan. Pilkington Plc Warsaw, Poland

(One of the world’s largest manufacturers of glass and glazing products with operations in 24 countries and €4.5 billion in annual sales to the building, automotive and related markets). Financial Controller

(1995 to 1997)

Directed controllership functions, including budgeting, analysis, management reporting and internal auditing for 2 joint ventures with $18+ million USD in combined annual revenues. Board of Directors member for all 14 subsidiaries. Initiated internal audits on company’s largest subsidiaries and implemented policies and procedures that resulted in a structured organization with more transparent finances.

Designed and implemented the entire consolidated reporting process for 14 subsidiaries, providing accurate financial statements on both the subsidiary and consolidated levels for the first time in company’s history.

Prepared capital expenditure analysis on 4 Greenfield sites that resulted in a $25 million investment. Deloitte & Touche Warsaw, Poland

(Big 4 public accounting and management consulting firm) Audit Manager / Senior Consultant

(1991 to 1994)

Rapidly acclimated to the Polish business environment as the sole Deloitte employee to work in both audit and management consulting departments at that time. Performed and managed financial audits in accordance with U.S. GAAP, international accounting standards and Polish GAAP for domestic and multinational clients such as Coca Cola Bottlers, Poland’s largest jewelry chain, and a textiles manufacturer. Provided management consulting services in the areas of restructuring, privatizing social assets, feasibility studies and cost reduction analysis for multinational clients, USAID,and the Polish government. Led teams of 2-4 professionals per engagement. Mentored junior staff members.

Played a key role in the first successful restructuring in Poland (Szczecin Shipyard). Walter F. Tabaczyk Continued

Accurately translated Polish financial statements into U.S. and international formats for several multinational companies.

Allstate Corporation Chicago, IL

(One of the nation’s largest insurance companies)

Senior Financial Analyst

(1987 to 1991)

Promoted within 12 months to Senior Analyst in the Corporate Financial Planning and Analysis department responsible for preparing all budgets for the company. Prepared forecasts and budgets, analyzed variances and performed ad hoc analyses and Board of Directors’ request.

Performed in-depth research on FASB 96, which changed the way revenue was recognized in the life insurance industry.

Earlier experience as a Junior Consultant with Buccino & Associates a crisis management consulting firm

(1986-1987).

EDUCATION

ILLINOIS INSTITUTE OF TECHNOLOGY – Chicago, IL

Master of Business Administration, Finance (1988)

UNIVERSITY OF ILLINOIS – Chicago, IL

Bachelor of Arts, Accounting (1986)



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