Financial Analyst Follow Up

Armine Zakaryan, MBA

*********@*****.*** 818-***-****

EXPERIENCE

Kaiser Permanente July 2023–January 2024

Sr. Financial Analyst (contract)

Participate in annual budgeting process: prepare budget draft for departments, follow up on data input accuracy and completeness into the FAST system

Analyze business cases submitted by the departments, assist with calculations such as cost benefit analysis, break even analysis

Prepare monthly recharges, including supporting documentation and submit to accounting

Ad hoc reports and analysis using excel as necessary

Cisco (Public Company) August 2021–April 2023

Sr. Financial Analyst (contract)

Build and maintain Opex budget.

Lead monthly Opex forecast process, budget vs actual analysis, identify key drivers and analyze trends

Load quarterly forecast updates into Oracle

Participate in headcount planning process in collaboration with key business partners

Perform variance analysis, identify trends and suggest solutions to remain on budget

Responsible for monthly accrual process and inter departmental cross charges

UCLA Health January 2020–April 2021

Sr. Financial Analyst (contract)

Develop annual budgets for assigned cost centers and upload into EPSi system. Ensure budget accuracy by close collaboration with each department during the process.

Perform variance analysis, identify trends and suggest solutions to remain on budget.

Monitor headcount and payroll expense trends, identify areas where department has unfavorable variance and work to resolve.

Contribute to monthly close package to the CFO by preparing schedules such as headcount trend analysis, salary variance analysis and the hospital dashboard.

Realtor.com April 2019–October 2019

Sr. Financial Analyst (contract)

Develop payroll model as part of a new FP&A tool implementation

Assist in month end close, forecast process, complete variance analysis

Prepare accrual schedule, perform GL account reconciliation and research (mainly for the marketing department).

Mattel, Inc. (Public Company) December 2017–October 2018

Sr. Financial Analyst (contract)

Consolidation of global forecasts and actual results.

Manage global forecasts upload into the system (HFM and Essbase), reconciliation to ensure data consistency between systems.

Review and analysis of financial results, variance explanations in collaboration with global entities (North America, Asia).

Preparation and review of capital budget. CapEx actuals vs. plan analysis, presentation to senior management. Capital expenditure and post mortem review.

Review and consolidation of cost savings projects, actuals vs. budget analysis and variance explanation.

Cedars-Sinai January 2017–September 2017

Budget Analyst (contract)

Manage annual budgeting process. Create budget templates for entities, review, consolidate proposed budgets and present to executive management.

Develop and maintain budget models using advanced excel.

Manage budget preparation of both existing and newly acquired entities.

Upload budgets into database using Kaufman Hall system.

Oversee preparation and analysis of entity level, as well as individual doctor level P&Ls.

Actuals vs. budget monthly review, variance analysis.

Develop 5-year plans for newly acquired medical centers and present to executive management.

Belkin International, Inc. September 2015–January 2017

Sr. Financial Analyst (contract)

Budget vs. actual analysis and presentation to executives. Use Hyperion for those reports.

Financial Planning and Analysis for newly developed water technology division. Preparation of Income Statement, Cash Flow, Balance sheet for strategic planning.

As part of Financial Planning and Analysis process, assist with OPEX budgeting and monthly review.

Assist in preparation of the worldwide division annual budget, including preparation of supporting schedules, uploading and validation of data into budgeting database. Assist in developing the financial budgeting model, creating reports and analysis.

Work closely with accounting team to streamline accrual process.

Analyze financial performance against key business metrics. Work with Sales, Planning and Purchasing to achieve financial and operational goals.

Industry trends / competitor analysis.

Develop forecast model for domestic and international departments. Forecast consolidation.

Develop Strategic Sourcing Model, partnering with global planning team, to track existing cost savings as well as identify future opportunities. Use Hyperion, Business Objects and Oracle for this model.

Murad, Inc. December 2013–February 2015

Supply Chain Analyst

Work with CFO and team to develop budgets for each channel, monitor and reforecast as needed.

Develop forecast model in excel – as a result increasing forecast accuracy to 91% - significantly higher compared to industry standards

Work with IT to automate key forecast and inventory reports - results saved men power and increased accuracy

Work with channel heads globally as internal consultant to set standards of inventory levels, safety stock, performance to budget, establish thresholds and maintain the set controls by holding the channel heads accountable

Oversee Cost saving initiatives, resulting in over $800,000 in procurement cost reduction

Deckers Brands (Public Company) August 2008–December 2013

Financial Analyst

Prepare and update budgets both for domestic and international divisions, working with executives of multiple regions, in a global, rapidly growing public company

Prepare forecasts for domestic and international divisions working with directors of each functional department

Perform monthly, quarterly, annual budget vs. actual analysis, identify trends, areas of potential cost savings

Develop ad hoc reports to analyze monthly financial results against budget and historic period. Use Hyperion for these reports.

Using advanced excel tools – pivot tables, formulas, develop performance metrics for the organization worldwide. Analyze performance trends and set performance guidelines to improve productivity

Implement Quick Books system to maintain controls for the domestic division. Annual up to $100,000 in cost savings/cost avoidance as a result of invoice audit and control system

Research and identify areas that can achieve cost savings, take process improvement initiatives. For example, saved $80,000 by researching and eliminating sales tax in appropriate areas

Automate purchasing process in Oracle – partner up with IT and lead the automation project

Work in project teams to forecast business results of newly developed units. Work with executive team to set goals and develop strategy. Perform break-even analysis.

EDUCATION

CSU Channel Islands October 2011–May 2013

MBA

Yerevan State University September 2004-May 2006

Masters of Economics

Yerevan State University September 2000-May 2004

Bachelor of Economics

SKILLS

Advanced Microsoft Excel –Pivot Tables, graphs and charts, regression analysis, VLOOKUP, Microsoft Access

SAP, Oracle, TM1, Hyperion, Essbase, Business Objects, Kaufman Hall, Quick Books

Business Writing, Presentation skills, Power Point

Project Management, Six Sigma Green Belt, Sarbanes-Oxley Trained Professional

Fluent in English, Russian, Armenian

Contact this candidate