Financial Analyst Manager

Darren Hoffman

Phone: 917-***-****

Email: ********@*****.***

EXPERIENCE

Refinitiv / Thomson Reuters / Thomson Financial, New York, NY

March 2006 – Present

Revenue Assurance Manager

• Responsible for the month end revenue close for the Americas (over $2 billion / year).

• Managed a group of revenue accountants (located both in NY and in India).

• SaaS, EaaS, SOW and software revenue recognition skills for subscription-based company.

• Prepared the actual vs. plan revenue variance report for senior management.

• Assisted FP&A to prepare the quarterly forecasts & annual plan.

• Kept track of significant contract renewals to verify that revenue was recognized correctly.

• Performed revenue related balance sheet reconciliations (accrued revenue, deferred revenue, A/R).

• Responsible for the SOX 404 testing for the Americas (ITB, material outright and significant contract controls).

• Prepared the quarterly A/R provision for the Americas.

• Was the lead tester for the migration of the legacy billing systems to SAP.

• Internal and external auditors’ point of contact for revenue related issues.

MJHS / Elderplan, Inc, New York, NY

June 2004 – March 2006

Senior Accountant

• Prepared the financial statements for Elderplan, Inc. (a division of MJHS).

• Analyzed Elderplan’s revenue and A/R ($250 million/year of revenue) on a monthly basis.

• Analyzed Elderplan’s medical operating expenses (approx. $200 million/year).

• Determined the appropriate level of the IBNR reserve (for medical claims).

• Responsible for Elderplan’s fixed assets amortization schedule.

• Ensured inter-company transactions were accurately recorded on a monthly basis.

• Prepared Elderplan’s budget variance analysis report for revenue & expenses.

• Served as a liaison with the external auditors for the annual audit

Alliance Bernstein, New York, NY

November 1999 – June 2004

Financial Analyst

• Prepared the operating and CAPEX expense budgets & forecasts for Admin Services ($20M and $84M respectively).

• Created an automated capital expenditure forecast of cash flows, which created efficiencies.

• Met with project managers quarterly to updated the capital expenditure forecast.

• Analyzed the firm-wide YTD and prior year operating expense variances to budget by account type and by vendor.

• Prepared ad hoc analysis as needed.

Scholastic, Inc, New York, NY

September 1998 – November 1999

Financial Analyst

• Prepared the actual versus budget variance analysis report on revenue.

• Analyzed the sales rep’s YTD revenue and sample expenses versus their sales goals.

• Calculated and posted the operating expense accruals for the monthly financial close.

• Analyzed and monitored the “wins list” of potential future revenue.

• Assisted with the preparation of the annual budgets and quarterly forecasts.

Premier Concepts, Inc dba Imposters, Inc, Denver, CO

May 1997 – May 1998

Staff Accountant

• Prepared the monthly sales audits and posted the JE’s for all 39 stores.

• Reconciled each store’s monthly bank statement to the G/L’s cash account.

• Performed quarterly analysis on balance sheet accounts such as accrued expenses.

• Worked with credit card companies & developed a process that uncovered an employee’s embezzlement occurrences.

EDUCATION

University of Colorado, Boulder, CO Graduated: December 1996

Bachelor of Science in Finance and International Business

SYSTEMS

• SAP (G/L & RMCA)

• Business Objects

• Salesforce

• Pro-Clarity

• Pyramid Analytics

• PeopleSoft

• Excel (expert user)

• PowerPoint

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