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VP Finance

Location:
United States
Posted:
February 01, 2010

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Resume:

EUGENE H. KIM

**** ******* **. #*

Playa Vista, CA 90094

310-***-****

zemyn6@r.postjobfree.com

EDUCATION

Columbia Business School, New York, NY

MBA: Management and Finance Concentration, August 2000

Dean’s List (all semesters). Teaching Assistant: Management of the Turnaround. Elected Class Officer: Technical Officer. Member: Management Consulting Association, West Coast Society.

University of Pennsylvania, Philadelphia, PA

BA: Economics, May 1992

Elected member of the University Minority Council. Elected Officer of the University of Pennsylvania Alumni Association, in charge of undergraduate recruiting and interviewing.

EXPERIENCE

Alix Partners LLC, Los Angeles, CA

VICE PRESIDENT (2009 – present)

• Financial consulting, focusing on financial planning & analysis, financial operations, treasury and management issues for mid cap and large cap companies, both domestic and international.

• Take on CFO, CRO, and VP Finance duties within companies.

• Provide sound, fundamental management advisory services; develop and implement cash flow models and analysis; oversee treasury cash management functions; A/R and A/P vendor management; assist in identifying potential capital sources and conducting due diligence; provide valuation services

Warner Bros., Burbank, CA

EXECUTIVE DIRECTOR of FP&A (2008 – 2009)

• Lead finance executive for Warner Bros Television Group – Digital.

• Developed the annual and 5 year strategic plan

• Lead the budget and planning effort and coordinate with all the Finance executives at each division to align reporting within their P&L. Work with Warner Bros. Television Group (WBTVG) corporate finance to “roll up” one digital finance report. Perform financial review and synchronize audience and financial pacing versus plan.

• Create business plan to launch mobile games/web/applications platform utilizing WB properties.

• Coordinate with the Business Affairs executive to track and manage logistics of deal implementation.

• Draft and manage state of the art business practices and optimize any efficiencies across the platforms/projects.

• Responsible for gathering and managing all financial reporting and tracking for the destinations and channels. Manage regular reporting to executives as well as budget planning and review process.

HELIO, LLC., Los Angeles, CA

DIRECTOR of FINANCIAL PLANNING & ANALYSIS (2006 – 2008)

• Led financial planning & analysis group, focusing on sales forecasting, annual and strategic budgeting process for mobile device and services start up

• Developed the annual and 5 year strategic plan for the sales and revenue components for the Company

• Managed three direct reporting regional managers, supporting 6 regional offices.

• Led monthly, quarterly analysis of actual results vs. budget, re-forecast annual plan based on changing economic environment. Helped to standardize financial reports across departments to ensure smooth roll up of department level P&Ls.

• Developed weekly & monthly KPI dashboard utilized by management to analyze and act on key indicators. Worked with IT and data warehouse team to define data, its characteristics, and storage structure. Developed Company-wide reporting framework using a multi-dimensional database management system

EXPERIENCE (cont.) HELIO, LLC., Los Angeles, CA (continued)

DIRECTOR of FINANCIAL PLANNING & ANALYSIS (2006 – 2008)

• Provided financial analysis oversight regarding promotional activity, contract negotiations (partners/vendors/rev share deals), and various ad hoc analysis.

• Developed and present fianaical analysis portion of Board of Directors’ deck to the Executive Team.

• Company Owned Retail Strategy (Stores, Kiosks, & Carts) – Stores were 4,500 sq ft, stand alone retail locations while Kiosks and Carts were walk around units placed in high traffic retail locations. Integrally involved in the Company’s owned retail initiative. Initially scoped concept approval, financial proforma, CapEx budgeting, and financial analysis. Negotiated vendor/architect/construction contracts and obtained approvals. Principally involved in analyzing historical performance, determining competitive and industry pressures, and creating go forward strategic decisions on the CORS.

Encore, Inc., El Segundo, CA

DIRECTOR of FINANCE (2005 – 2006)

• Responsible for overseeing all day to day functions of the finance, operations, and IT departments (13 direct/indirect reports) for an $88 million casual game software publisher, as well as interfacing with Encore’s $700 million corporate parent.

• Responsibilities included financial leadership, business process implementation, and implementing technology solutions to improve company wide efficiencies.

• Led anual budgeting process, including a bottoms up revenue model.

• Responsible for negotiating all domestic and international financial aspects of publisher licensing agreements, including royalty basis, and advance and guarantee structures.

• Led effort to develop a content management system for the Company’s licensing partners. Content management system included contract abstracts, key financial and reporting requirements, and royalty information. Old system was managed on spreadsheets, while the new system was developed as an IT solution making the system searchable and usable.

• Responsible for financial “green light” of all new product offerings, as well as green light of all promotional activity. Developed a “green light” model used throughout the Company that instantly notified owner if the project would meet the Company’s stated margin and EBITDA requirements.

• Developed EOQ purchasing model to improve Encore’s domestic and international inventory purchasing practice. Reduced obsolete inventory by over 65%.

• Developed inventory management program reducing the Company’s weeks on hand from 10 to 6 while maintaining minimum customer fill rates.

• Improved efficiencies within the Company by developing technology solutions that have eliminated errors due to excessive human touch and reduced operating expenses

• Reduced operating expenses year over year by $1.6 million (14.3%), while improving the overall efficiency of the Company.

FTI Consulting, Inc., Los Angeles, CA

(Incorporated through acquisition from PricewaterhouseCoopers LLP)

DIRECTOR (2002 – 2005)

• Aloha Airlines – Represented Unsecured Creditors Committee for Chapter 111 bankruptcy

• Hawaiian Airlines – Led consulting team at Hawaiian Airlines tasked to value the company and improve the financial viability of the airline. Built a bottoms-up integrated financial valuation model looking at routes, frequencies, and aircraft type. Determined net savings to the Company in excess of $20MM annually as well as establishing an enterprise value range of the company.

• Various Companies – Provide financial modeling and due diligence services for various financial transactions. Transaction types included mergers, acquisitions, asset based loans, EBITDA debt instruments, and equity/bond conversion transactions.

• Clark Oil - Led the finance department of a major oil market retailer, reporting directly to the CFO. Responsibilities included establishing annual budget, providing analysis on potential capital structure changes, analyzing company’s performance and creating variance reports, coordinating treasury functions, providing assistance as needed to the controller and accounting department, and providing management with monthly management operating reports. Analyzed impact of promotional marketing programs on total sales.

EXPERIENCE (cont.) FTI Consulting, Inc., Los Angeles, CA (continued)

(Incorporated through acquisition from PricewaterhouseCoopers LLP)

DIRECTOR (2002 – 2005)

• Tower Records - Analyzed financing alternatives to overleveraged capital structure, including bond/equity swap, sell off of certain business units, and identification of new investor alternatives.

PricewaterhouseCoopers LLP, Los Angeles, CA

MANAGER (1998 – 2002)

• WestStar Cinemas - Managed the financial planning and analysis team, assessing strategic alternatives of major film exhibitor. Determined key drivers for future success in light of overwhelming success of Titanic and projected success of Star Wars Episode I: The Phantom Menace.

• Excite@Home - Analyzed core competencies of Excite@Home, identifying non/under performing business units (web portal, consumer broadband, business intranet), and determining which business units constituted viable businesses that could survive in a declining marketplace.

SENIOR CONSULTANT – cont. (1997 – 1998)

• Lernout & Houspie - Managed an international team of finance and accounting professionals, providing services for a $10 billion international voice recognition software company in Belgium.

• Imperial Sugar - Managed the strategic/financial planning team tasked to rationalize $1.5 billion business from a sales/marketing perspective, financial return on equity perspective, and an operational feasibility standpoint. Rationalization project resulted in increase in EBITDA of $35 million and an increase in shareholder return on equity up to 25%.

• Woolworth Corp (Venator Group) - Led taskforce analyzing strategic alternatives for under-performing divisions of $8 billion retailer. Succeeded in refocusing the client on core competencies, closing one division and creating $150 million expansion program in another division.

• Cash Is King - National leader that developed and launched an internal, management course, emphasizing the strategic relationships between the company, suppliers, and capital providers. Emphasis placed on financial modeling and valuation techniques. The course is recognized as a key success component and is included in new and experienced hire orientation at PwC. Trained over 450 consultants in the past three years.

• Musicland Sam Goody - Analyzed Company’s on-line operations ability to integrate with the brick and mortar store formats. Managed a team that analyzed the strategic alternatives for a $2 billion retailer, including the integration of an on line Internet store. Implemented a systematic strategy to closedown, negotiate lease buyouts, restructure lease agreements, and form partnerships with developers, saving $18 million in the first year.

• Meris Laboratories - Identified bottlenecks in a biotech’s value chain and provided strategic alternatives to cut “time in lab” service, reducing overhead and streamlining operations. Created action plan that yielded a reduction in accounts receivable balance from $40 to $23 million in three months.

ASSOCIATE CONSULTANT (1994 – 1997)

• Baldwin Builders - Restructured a $100 million homebuilder in Chapter 11 bankruptcy. Analysis included company valuation, liquidation, NOL carry-forward and cash flow analysis.

• Orange County Bankruptcy - Conceptualized and produced a feasible solution for lost funds in the Orange County Bankruptcy Investment pool totaling over $1.6 billion that resulted in pool participants recovering 75% - 90% of their pool accounts.

ADDITIONAL INFO • Expertise in Microsoft Excel, PowerPoint, and Word

• Proficiency in using Access, Micro Strategies, ESSBase, Front Page, and Crystal Ball

• ERP – Oracle, SAP, Great Plains

• CIRA – Certified Insolvency and Restructuring Advisor

• Member of the Turnaround Management Association

• Avid scuba diver, skier, tennis player, and fanatic car enthusiast



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