Paul Rourke adjvyo@r.postjobfree.com 347-***-**** Cranbury, NJ

https://careerwebfolio.com/paulrourke/

Senior Finance Executive

Driving Financial Performance & Stakeholder Value for Complex Global Organizations

A highly experienced senior finance executive with an extensive background in improving and building financial performance and value for global businesses. A record of bolstering company capacity to achieve financial goals and strategic initiatives while fortifying capital project management, cash flow, and processes. Skilled in recognizing movements within global markets and promptly responding to changes. Concentration on continuous process improvements to sustain and transform business performance. Focus on enhancing short- and long-term ROI through project planning and cross-functional collaboration to ensure the greatest value on the use of resources.

- CORE COMPETENCIES -

Strategic Planning / Tactical Execution Key Business Partnerships Global Talent Resourcing

Restructures / Consolidations Capital / Debt Acquisition & Allocation Financial Planning

Risk Analysis & Mitigation Technology & Business Solution Integration Infrastructure Redesign

- PROFESSIONAL EXPERIENCE -

American Society of Composers, Authors, & Publishers (ASCAP) New York, NY

A member-owned music licensing organization with worldwide revenues of $1.2 billion and 500 total employees.

Executive Vice President & Chief Financial Officer 2016 - 2019

Oversaw the financial health and activity for the $1.2 billion organization including financial reporting, annual audits, operating and capital budgets, retirement plans, treasury services, investments, tax planning, and risk management. Responsible for distribution of royalties to more than 700,000 members. Led two direct and 20 indirect staff members.

$25 million project funded, and capital project investments augmented without third party financing by enhancing working capital and liquidity via improved licensee payment terms and integrated technology for active FX hedging.

Bolstered the firm’s ability to meet financial goals by steering replacement and realignment of individual career growth with strategic initiatives that impacted more than 50% of the finance department’s employee base.

Strengthened capital project management by supporting a $15 million to $20 million annual capital budget with project evaluations and an approvals infrastructure.

Boosted accuracy and timeliness of report generation by introducing integrated, automated travel and entertainment expenses, accounts payable, and payroll through the general ledger.

Protected the organization from unfavorable audit opinions by establishing thorough financial review and mitigation procedures in accordance with U.S. GAAP.

105% of revenue budget achieved for three consecutive years while also leading the industry in expense ratio due to licensing and distribution team partnerships and a substantial improvement in the FP&A process.

Viacom International Media Networks Viacom, Inc. New York, NY

A global cable broadcaster.

Executive Vice President & Chief Financial Officer 2007 - 2015

Directed 165 television channels and 500+ digital media properties as head of finance and technology operations generating over $2 billion in annual revenue. Governed accounting and reporting. Supervised the budget process and financial planning. Enforced proper capital utilization with a $50 million budget for global real estate and technology infrastructure. Managed seven finance and one technology direct report with oversight of 240+ indirect reports globally.

Infrastructure Redesign & Consolidations

Generated more than $100 million in total yearly savings by guiding global restructuring programs from the development of the financial impact tracking template, collaborating with stakeholders, gaining necessary approvals then designing and implementing the programs.

$25 million build-out completed to incorporate logistics, planning, break-even analysis, employee change management, and long-term spacing planning as part of consolidation of three offices into one site in the UK.

Gained SOX 404 certification by designing a delegation of authority framework and concerted worldwide compliance testing program.

50% downtick in processing time and a 20% cost savings earned by procuring a single payroll provider for more than 50 international locations and collaborating with HR and technology leaders to address local concerns.

35%+ decrease in global workforce cost accomplished by organizing and opening shared service centers in Budapest and Argentina to sustain operations in Europe and Latin America.

Financial Operations Performance

51% reduction in close time and 29%+ decline in costs realized by optimizing processes as well as implementing a new SAP system and centers of excellence.

Cultivated quicker impartial investment decisions using consistent KPI benchmarks by unifying content investment for worldwide operations to yield accurate utilization evaluations and deeper vertical brand reviews.

Conducted annual regional CFO brainstorming sessions that supported teamwork, talent development, peer presentations, and long-term strategic planning initiatives to buoy team engagement in the process.

15% increase in operating income CAGR attained by forging alliances with regional management to prepare and launch strategic efforts in geographic and brand extensions.

Ensured steady financial performance, cohesive direction, and aligned compliance for Korean and Indian joint ventures as a member of the board of directors.

11% drop in costs and improved efficiencies reached by obtaining buy-in from key leaders as part of the rollout of international media center hubs in London and Amsterdam.

MTV Networks Viacom, Inc. New York, NY

A global cable broadcaster.

Senior Vice President of Finance 2006 - 2007

Led the consumer products division while directing all global treasury operations. Steered development of a new reporting structure for the global division. Managed a team of six direct and 50 indirect reports in consumer products and divisional treasury. Prepared detailed internal audit report for the corporate audit committee.

85% cash flow to operating income conversion rate facilitated by fortifying efficiency of treasury processes and staff through streamlined automation initiatives.

Turned around the operation by eliminating control weaknesses through new reporting, control, and compliance framework for the global consumer products group.

CBS Radio CBS Inc. New York, NY

A terrestrial radio broadcaster.

Senior Vice President of Treasury 2002 - 2006

Administered treasury operations of 180 individual radio stations cultivating $2 billion in yearly revenues. Governed cash management, credit risk, and cash forecasting. Contributed to acquisitions, divestitures, and sports rights negotiations.

$350 million in asset sales and purchases optimized by delivering financial modeling on transactions to provide leadership with a clear financial picture.

$60 million upturn in cash flow and a $17 million plunge in bad debt costs earned by assessing and crafting representative KPIs to more effectively measure against results.

Previous Experience

Young & Rubicam, Inc. New York, NY

A publicly traded advertising firm with $2 billion in annual revenues.

Assistant Treasurer

Managed the global treasury function, optimized capital structure, provided liquidity in domestic and foreign markets, assessed foreign exchange risk, ensured corporate credit compliance, and handled vital global bank relationships.

$400+ million in defined benefit and contribution assets protected around asset allocations, investment manager returns, and diversification of offerings.

Architected and executed a $275 million interest rate hedging program and established a stock repurchase program of $300+ million to manage EPS dilution associated with options.

$100+ million improvement in working capital fostered while minimizing the effective tax rate by liaising with the corporate tax division to deploy capital for domestic and foreign tax structures.

Additional Experience: Treasurer, Scient Inc.

- EDUCATION -

Master of Business Administration

in Finance

Fordham University

Bachelor of Science

in Accounting

Seton Hall University

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