Joseph Gersbeck

** ******** ***** * 732-***-****

Morganville, New Jersey 07751 ad24lv@r.postjobfree.com

PROFESSIONAL PROFILE

Experienced Financial Manager with extensive financial analysis, reporting, strategic planning, budgeting and forecasting experience. Excellent communication and presentation skills, with frequent and productive interaction with senior executives within Finance and across operational units. Strong drive and proven process improvement leader. Advanced knowledge of MS Excel and Access; Oracle Hyperion Financial Management (HFM), Essbase, SmartView, & Enterprise; Microsoft Dynamics AX, MS Teams, Business Objects, IBM Cognos, and SAP/Bex Reporting.

WORK EXPERIENCE

Omnicom Media Group Manager of Financial Planning & Analysis Sept 2012-Present

Lead Financial Planning &Analysis (FP&A) team for Annalect, Omnicom’s Marketing Technology division

Manage Annalect’s first comprehensive and stand-alone global budget through creation of budget models and coordination of planning cycle with functional teams. Support internal clients including Technology, Marketing, Product, and Operations teams.

Successfully implemented establishment of new departmental cost centers to improve P&L visibility and cost efficiencies within the organization

Developed methodology and templates to more effectively streamline monthly close, reporting, and forecast processes for headcount / payroll, operating expenses, revenue, and intercompany transfers

Manage the daily operations of the FP&A department, including managing and developing two Analysts

Drive and coordinate accurate, complete and timely monthly closes, reforecasts and annual budgets for the Finance team; lead preparation of monthly variance analysis and ad hoc reporting to Segment, including timely reporting of all monthly financial information to internal management

Maintain appropriate internal controls by defining procedures in compliance with Corporate accounting policy & GAAP, especially as it pertains to Internally Developed Software capitalization

Penton Media Director, Finance Feb 2011-Aug 2012

Responsible for financial reporting and forecasting of $300M Media Company.

Re-engineered monthly reporting package to allow Line of Business and Divisional transparency for all financials including full allocation of corporate operating expenses.

Facilitated timely and accurate submissions from divisional business managers to consolidate budgets, strategic plans, and operating statistics for CFO, Board of Directors, and lenders.

Key member of team leading successful Oracle R12 / Hyperion SmartView system upgrade, chart of accounts restructuring, and initial report build in Financial Reporting Studio.

Performed due diligence with excel driven M&A investment model for 2 successful acquisitions.

Goldman Sachs Consultant; Product Controller, Technology June 2010-Feb 2011

Re-engineered and managed billing and accrual process for $20MM/month IT consulting expense line

Researched and created P&L efficiencies by streamlining existing monthly accruals of major vendors

Wolters Kluwer / Sandoz Consultant; Finance Manager 2009-2010

Created sales reporting dashboard to consolidate reporting results across business units.

Provided analytical support for key company cost centers including global annual budgeting / forecasting / close process, accruals, journal entries, variance analysis, reporting deck and 5-year strategic planning

Random House Senior Business Analyst, Doubleday Publishing Group 2008-2009

Developed and analyzed cash flow/rate of return templates to evaluate the profitability of proposed acquisitions. Teamed with business unit leaders on strategic plans for program expansion.

Researched and prepared post-publication P&Ls to assess title performance and to discuss results with imprint publishers and editorial directors.

Interpreted information on royalty statements, sub rights revenue, titles sales, author advances, and marketing spending for Vice President, Deputy Publisher, and departmental managers.

Analyzed historical sales results, inventory status, and projected earnings to provide contract royalty write-off recommendations.

Monthly, quarterly, and annual P&L reporting, forecasting, and variance analysis.

Manage financial closings, including detailed analysis of sales, cost of goods sold, and operating expenses.

Thomson Reuters Senior Financial Analyst, Markets Planning & Strategy 2007-2008

Provided direct support to VP of FP&A in managing monthly and quarterly financial reporting, along with the global annual planning and forecasting process.

Streamlined the process for total Thomson Financial plan.

Prepared quarterly divisional reporting deck for formal CFO presentation.

Simon and Schuster Senior Financial Analyst, Trade Division 2006-2007

Responsible for full P&L budgeting, forecasting, and analysis on imprint and divisional level; emphasis on Gross Profit line items such as sales, provisional returns, edition and plant costs, and royalty run rates

Enhanced title tracking system utilizing Microsoft Access and Excel software. Helped automate the budget upload process into Hyperion, and reviewed monthly close in SAP.

Prepared management reports including daily sales, sales by channel, and monthly results. Close interaction with managers to develop, update, and monitor the Sales Force Incentive Plan and imprint marketing reports. Performed detailed ad-hoc analyses of author contracts and royalty payouts.

Finance Consultant, Various Corporations 2003-2006

Provided financial expertise to senior management for Interpublic Group, EMI Music Publishing, Liz Claiborne, Sandoz, and Princeton University. Projects included:

Performed comparative industry analysis, inventory analysis, and monthly close/related analysis, budgeting, forecasting and financial management reporting.

Revenue tracking and historical review/evaluation of all deals in system with department managers.

EMI Music Publishing Senior Business Analyst, North American Finance 1999-2003

Responsible for financial and business analysis of $350MM North American Music Publishing unit of the EMI Group, report directly to Finance VP, and supervision of Financial Analyst.

Created improved revenue tracking methodology through the use of Billboard charts, external monitors such as BDS (for radio airplay) and Soundscan (retail album sales), and in-house data. Reconciled payment inconsistencies with collection societies

Re-engineered advance balance reporting to calculate appropriate provisions for 2000+ active accounts from Excel to Access, resulting in vast efficiencies and improved accuracy

Interaction with creative staff for album release schedules, sales projections, contract signings, and options.

Simon and Schuster Financial Analyst, Trade Division (see above) 1997-1999

Smith Barney Financial Analyst/ Programmer Analyst /Client Services Rep 1990-1997

EDUCATION

M.B.A. in Finance - St. John’s University, Peter J Tobin College of Business 1995 B.S. in Business Management - City University of New York : Brooklyn College 1990

(3 year member of NCAA Division III football program)

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