Michael A. Predun

631-***-****

Centerport, New York 11721

aduvdm@r.postjobfree.com

linkedin.com/in/michael-predun

Director of Finance & Budgeting

Profile

Budget Controller with 15+ years of managerial experience in executing budgets and estimating future financial needs for global corporations. Background also includes budgeting for public school districts. MBA degree in Banking and Finance.

Prepared, published and maintained annual, quarterly, and monthly corporate budgets using Oracle OFA and Excel. Used MS Access to create project spending analysis reports and presented them to company Directors with PowerPoint presentations. Worked closely with project managers to prepare and edit justification of budget revisions and forecasted expenditures for VP of Finance.

Strengths:

Financial Analysis and Reporting

Business Plan Development

Budgeting in Fiscal Distress

Budget Management

P&L Management

Financial Systems Implementation

Performed detailed creation, implementation and control of both private and public industry’s operating budgets and funding requirements.

Analytical – able to quickly gain thorough understanding of financial operations, identify weaknesses and develop plans to strengthen cash flow and improve profitability.

Demonstrated expertise in compiling, analyzing, and communicating complex financial information for executive management and non-financial personnel. Exceptional staff management and leadership experience, including recruiting, hiring and supervision of dedicated financial, administrative, and customer service professionals.

Expert user of Hyperion Financial Systems/Smartview, Oracle, Microsoft Access, Teams, Excel, Word, PowerPoint, and Outlook.

Professional Experience

CANON USA, INC., Melville, New York 2008 - 2022

Advisor, Budget Controller 2017-2022

Managed and forecasted three Marketing, Training and Technology budgets of over $10 million.

Provided oversight of budget planning activities, forecasting, and day-to-day expense management. Prepared budget and forecasts of financial impacts of business conditions and trends and drawing relevant conclusions that led to consolidation of 2 divisional budgets.

Negotiated with third party vendors to keep budgeted expenses 16% lower than anticipated.

Managed contracts, invoices for vendors, including measuring, monitoring rates, and making recommendations to ensure spending remained within the Not to Exceed (NTE) ceiling, resulting in a 15% reduction in vendor payments.

Developed and cultivated relationships across all areas of the company utilizing tailored communication to obtain information for VP of Finance, Senior Directors, Directors, and Managers.

Consistently maintained operating budgets within owner-designated budget marker (or under budget) annually for fourteen consecutive years: including proper forecasting and ensuring operational efficiency to lower expenses by 11%.

Set expense guidelines for the subsidiary financial targets, such as P&L, BS, and Key Financial Indicators.

Analyzed variances between budget and actual monthly utilizing the Hyperion Financial Management (HFM) and Hyperion Planning system reports to reduce departmental costs by 12%. Uncovered a $350K chargeback that was incorrectly assigned to a department’s Cost Center.

Prepared ad-hoc expense, payable in process and validated invoice reports in response to Sr. Management requirements.

Partnered with the Technical Accounting and Reporting team on the assessment of complex accounting transactions and the implementation of new accounting policies.

oCreated Hyperion Financial Planning/Smartview reports that established guidelines for accounting/financial data processing systems to ensure 100% effectiveness and efficiency.

Senior Budget Specialist 2008-2017

Annually kept division’s expenditures 10% lower than approved $10M operating budget.

Created, implemented, and controlled cost effective systems to safeguard divisional resources resulting in expenses 10% under budget.

Performed financial analysis and forecasted project revenues and expenses by analyzing 2-3 years of critical historical data to allocate budgets accordingly.

Created and revised budgets five times a year for production, sales and marketing departments that enabled Senior Directors to convey results to VP of Finance.

Prepared monthly, quarterly, and annual budgets according to company guidelines and in a manner that catered to all departments.

Analyzed budgeting and accounting reports of each department and enforced expenditure controls to remain within budget.

GM ADVISORY GROUP, INC., Port Washington, New York 2007 - 2008

Investment Research Analyst

Serviced and monitored the financial planning process of securities held in client portfolios.

Compiled Morningstar reports and weekly stop/loss schedules and informed management when holdings in client accounts were moving during stock market trading hours.

COPIAGUE PUBLIC SCHOOL DISTRICT, Copiague, New York 2005 - 2006

Business Administrator

Member of the organization’s senior management team that designed and managed a $55 million operating and capital budget for a district with 5 locations and 450+ employees.

Identified internal control problems and planned/implemented corrective action within 2 months of hire.

Recommended and installed new financial software. Installed 30+ fund accounts within 3 days and trained treasurers on use of system.

EDUCATION CERTIFICATIONS

HOFSTRA UNIVERSITY – Hempstead, New York

Master of Business Administration, Banking and Finance

BROWN UNIVERSITY – Providence, Rhode Island

Bachelor of Arts, Mathematical Economics

4-year Division 1 Varsity Letterman in Lacrosse

LONG ISLAND UNIVERSITY – Brookville, New York

Certification – School Business Administration

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