Business Intelligence Process Improvement

Stephen A. Broome

908-***-**** ***************@*****.***

C-Level Executive, OPERATIONAL RISK, FINANCIAL SYSTEMS & REPORTING

Strategic & Risk Management Finance & Administration Data, Business Intelligence & Analytics

Finance and Strategic Management Executive offering years of achieving financial outcomes and leading best-in-class quality assurance, compliance, and risk-averse environments. Proven ability to define operational efficiencies by establishing a direction for development and protocols, processes, to guarantee consistency with defined standards and mitigate risk. Bring subject matter expertise in developing financial metrics, reviewing and maintaining strong internal control processes. Leverage seasoned acumen in preparing and deploying best-in-class and compliance-driven business strategies through financial acumen and continuous process improvements. Offer a unique combination of analytical, functional, design, and technical capabilities to implement solutions that drive continuous process improvement.

AREAS OF EXPERTISE

Grant Accounting Stakeholder Partnerships Data Organization & Interpretation Forecasting & Budgeting Change & Problem Management Professional Development Process Improvement Organization, Leadership & Development Data Infrastructure Management General Ledger, Forecasting & Budgeting

CAREER HIGHLIGHTS

PROCESS IMPROVEMENT Spearheaded the formal reduction of month-end close by ten days by formally automating supplemental schedules and journal entries.

SYSTEMS AUTOMATION Enhanced weekly paid invoices by 100 by monitoring the functionality of the general ledger reporting system while adding and configuring a module to enter and approve vendor invoices at single or multi-level echelons.

TRAINING & DEVELOPMENT Served as a subject matter expert and database administrator when training entire organizational staff on best-in-class end users and approver practices.

EXECUTIVE IMPLEMENTATIONS Acted as executive consultant on for two SAP & one NetSuite implementation projects.

PROFESSIONAL EXPERIENCE

Chief Financial Officer Community Action Lehigh Valley non-profit April 2023 – September 2024

Responsible for overseeing the fiscal functions for 13 programs and creating the overall fiscal policies for the organization and its subsidiaries in accordance with all generally accepted accounting principles. The Chief Finance Officer is a member of the Executive Management Team and assists in leading the agency’s strategic plan. Supervised the Controller, Finance Manager, Associate Executive Director for Information Technology and works closely with the Senior Management Team, program directors, and the auditors.

ESSENTIAL FUNCTIONS

General Management and Supervision

Oversees fiscal operations of Community Action Lehigh Valley and the subsidiary corporations, including managing the agencies’ cash flow, presenting monthly financial statements to several Boards of Directors.

Build relationships to effectively communicate with Program Directors the details of their programs to assist with funding.

Work closely with Associate Directors of Development and Planning in their process to apply for grants and gain knowledge about the cadence of donors.

Provides leadership and management to finance team of 9 and administration that reflect the mission and values of the agency.

Supervises the Controller, Finance Manager, Associate Executive Director for Information Technology and participates in the hiring, evaluation, termination, and development of staff. Indirectly supervises staff in fiscal and front office.

Be a thought leader to the Executive Director and Chief Operating Officer along with leadership team on (5) year Strategic plan.

Implemented a new budget process with a focused and detailed timeline for approval by the Board.

Oversight responsibility for the implementation of accounting software systems SAGE Intacct and procedures for the agency's financial operations.

Developed and maintains positive relationships with funding sources, auditors, regulators, and representatives from other authorities.

Provides staff support to the Finance Committee of the agency’s Board of Directors and its subsidiaries, as well as the programs’ advisory groups.

Developed a dashboard to review high level program revenue and expense for measuring program deficits to assist the CEO with engaging donors.

Collaborates with the management team to develop and implement plans for operational infrastructure of systems, process, and personnel designed to accommodate the plans and objectives of the organization.

Financial Management

Develop the finance staff’s knowledge of fund accounting, revenue recognition, donor restricted and unrestricted fund use.

Oversee month end close and collaborate with Controller on updates, then complete final review of (13) program financial statements for presentation.

Develop strong business relationships with all financial institutions as a signing officer of the organization.

Briefs the Executive Director on all financial matters of CACLV and the subsidiary corporations on a regular basis.

Manage all accounts with several banking institutions for the agency and subsidiaries regarding debt instruments, short-term investments, lines of credit, CD’s and money market accounts.

Communicate monthly/quarterly with financial institutions and regularly reviews the quality of the agency needs to what is being delivered.

Proposes and assures implementation of all financial procedures and software systems.

Creating new internal controls to protect organizational assets and ensure accurate financial reporting.

Navigated the organization through FY22 audit that was significantly behind when I came aboard.

Review 990’s for CACLV and (4) Subs sign all documents for audit including management letter.

Created a new formal design of management discussion analytics to and present to the BOD and organization department directors with a clearer understanding of financials.

Lead and create new formal budget process to manage 13 programs totaling $26 Million, collaborating with associate director of planning and development on program director workplans and timeline.

Review annual insurance with current carrier, collaborate with HR, COO and Executive Director in decision making process for change and update approval.

Create a new forecasting model for revenue and expenses to show budget vs. actual by month to discuss trends and provide clarity toward grant and donor gifts.

Review bi-weekly payroll adjustments and registers, and give approval authorization to payroll company, HR, COO and Director of Information Technology.

Review quotes related to purchasing, provide audit oversight for the fiscal staff, review capital financing and investments.

Update the Executive Director on cash management decision-making process to manage bi-weekly payroll and weekly vendor check runs for the agency and its subsidiaries,

Manages the development of CACLV’s and the subsidiary corporations’ budgets, including developing and managing an interactive process assuring appropriate staff have input into the creation and update of relevant budgets.

Achieves budget objectives by analyzing variances and recommending corrective action plans in a timely manner.

Senior Manager Finance, Risk Management & Internal Controls

New Jersey Community Capital non-profit July 2019 – October 2022

Effectively guided four specific projects while supporting high-level strategic finance planning and year-end and single audit grant programs. Drove process streamlining and reporting automation efforts to ensure efficiencies in Financial Edge Reporting system as a database administrator.

Drove the efficiency of monthly/quarterly financial close activities and quarterly financial forecast processes, including annual budget preparation and execution of long-term strategic financial planning processes.

Monitored and reviewed grant proposals for C-level executive's decision-making, further evaluating risks and opportunities related to grants and lending.

Served as a subject matter expert on audit procedures per CFR 200 and OBM for indirect program expenses, federal and state grants.

Leveraged knowledge of Visio tool to drive best-in-class finance and administration process and mapping.

Offered data analytics by utilizing current Financial Edge Reporting tools and modules to effectively support the decision-making process.

Oversaw and approved post-month-end journal entries and vendor expenses weekly.

Optimized organization-wide reporting database, including set user security permissions.

Led the integration project for a new expense management reporting module as an extension to the organization's financial reporting system to pay, track, and approve accounts payable.

Designed and deployed project management timeline by adding and configuring appropriate modules and sandbox while implementing pilot team for the testing phase.

Finance and Accounting Manager, Consultant

Monitored financial planning data, and analysis, data modeling, and market trend analysis in lieu of industry competitors. Drove the functionality of large data sets by utilizing pivot tables or MS Access to define specific points as a finance project manager. Designed detailed financial models that offered a combination of comprehensive and evolving baseline assumptions.

General Assemb.ly Finance Project Manager April 2018 – July 2019

Oversaw the development, tracking, and controlling of spending and reviewed the budget regularly with managers.

Managed deliverables for two finance professional and collaborate with IT consultant to ensure timely ERP implementations.

Forest Labs, Finance Manager February 2015 – March 2018

Digested and deployed ERP best practice procedures by liaising with finance department professionals.

Managed data from SAP S4/HANA tool to effectively communicate results with regional sales managers.

Guided deliverables for six project finance professionals to ensure timely ERP implementations.

Led reporting of monthly analysis in sales team industry revenue report by creating detailed reports that offered strategic analysis for the sales teams to make recommendations.

Merck, Senior Financial Analyst June 2011 – February 2015

Monitored annual sales analytics project from ramp up, select team, delegate, execute, and follow up by updating detailed slide decks utilizing clear, effective strategic analytics.

Overseeing activities of a sub-team of five within the organization supporting the Senior Directors' initiatives.

Managed ERP SAP system functionality issues with support from the internal IT network team prioritizing challenges and issues facing project timelines and providing a workable result.

Conducted weekly meetings, including setting agendas, documenting minutes, optimizing processes, and developing current workflow internal controls to establish future state processes.

Served as a key contact between diversified departments, sales operations, finance, marketing, and product management.

Education & Professional Development

Master of Business Administration, Concentration in Strategic Management,

Northcentral University, La Jolla, CA

Bachelor of Science, Accounting, Fairleigh Dickinson University, Madison, NJ

National Society of Leadership and Success Award, 2021

Technical Acumen

Sage Intacct, Blackbaud Financial Edge NXT, SAP, MS Office, MS Access, VISIO, Hyperion, NetSuite, TM1, Oracle

Contact this candidate