Time Delivery Budget Manager

WILLIAM H. FRANK

adwudc@r.postjobfree.com, 551-***-****

** ******** *****, *******, ** 07630

SPECIALTIES

TEAM BUILDING AND STRATEGIC LEADERSHIP

Managing and mentoring finance staff; building exceptional financial planning and analysis teams

Clear communication of financial and strategic objectives

Partnering with operational and functional department heads to meet strategic planning goals (product, technology, sales, marketing, creative, HR)

FP&A, M&A AND ACCOUNTING MANAGEMENT

Budgeting, forecasting, financial modeling, cash forecasting, cost accounting, profitability, ROI.

Strategic planning, review and assessment of product and pricing, cost efficiency analysis

Developed KPI and dashboard reporting, management presentations.

Prepared and coordinated management and Board presentation materials

General accounting, GAAP compliance (experience with IFRS, SOX), A/R, A/P, General ledger oversight

Updated financial systems; from assessment through implementation/usage (PeopleSoft, NetSuite, Hyperion), and associated change management.

Led due diligence for acquisitions and divestitures ($2Bn), evaluated contract and partnership proposals.

PROFESSIONAL EXPERIENCE

General Manager FP&A 2009-Jan.2021

A360Media/American Media, LLC, New York, NY

Managed finance functions for media company (Radar.com, Star, OK Weekly, National Enquirer, Globe, National Examiner, Muscle and Fitness, US Weekly, Men’s Journal, In Touch, Life & Style, Closer, J-14, Action Sports Network).

Updated forecasts weekly, implementing action plans/cost reductions when necessary to attain financial targets.

Advised on strategies regarding acquisitions, divestitures, joint ventures, startups, shutdowns and licensing, publishing services.

Provided financial and statistical analysis and operational support to print and digital business units across all operating departments including manufacturing, sales & marketing, analytics, editorial, circulation, and licensing.

Revised sales compensation to incentivize cross-platform revenue efforts.

VP, Finance Director 1995-2009

Hachette Filipacchi Media, New York, NY

Managed business and operations of a portfolio of magazines and brand extensions for the U.S. operations of a French media company.

Supervised, mentored and trained team of five as we prepared, reviewed and presented budgets and forecasts in collaboration with operating departments.

Revised financial reporting for IFRS compliance, internal reporting and comparative KPI measurements, analytics.

Performed due diligence and recommended actions on potential acquisitions, start-ups, divestitures and shutdowns, maximizing benefits to the company. Managed data rooms as both seller and buyer.

Determined rate base and frequency strategy, production methods, timelines, manufacturing changes for magazines to maintain competitive positioning in a challenging environment.

Led team to evaluate, design and implement company-wide e-procurement and project costing modules (PeopleSoft), improving company efficiency, providing tools to monitor spending and manage editorial inventory, and implemented associated change management efforts to accomplish process improvements.

Managed prompt monthly and year-end accounting closes including reviews with internal and external auditors.

Prepared goodwill impairment assessment in compliance with audit standards.

Coordinated internal control self-assessment with operating departments as part of global effort.

New York Controller 1990-1995

Reed Elsevier, New York, NY

Identified, pursued, and managed acquisitions of consumer publications to diversify a primarily B2B company. Acquisitions included Power & Motoryacht, Sail, Broadcasting & Cable, growing revenues by over 100%.

Sourced new fulfillment and distribution vendors for next day delivery of Daily Variety and on time delivery of Weekly Variety.

Managed domestic and international cost centers of Variety’s daily and weekly print products as well as cable TV programming for American Baby and Healthy Kids.

Managed annual budgets, monthly reforecasts, monthly and year end closes.

Director, Financial Planning & Analysis 1982-1990

CBS Magazines (later Diamandis Communications, then HFMUS via management buyout and divestiture), New York, NY

Budget Manager 1980-1982

Columbia House division of CBS, New York, NY

Budget Manager 1978-1980

CBS Educational and Professional Publishing, New York, NY

Staff Accountant 1976-1978

CBS Educational and Professional Publishing, New York, NY

Accounts Receivable Cash Clerk 1975-1976

CBS Magazines, New York, NY

EDUCATION

Fairleigh Dickinson University, 1980

MBA, Accounting

Rutgers University, 1975

Bachelors, Business Administration

https://www.linkedin.com/in/william-frank-6631953

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