Director of Finance
H&A Global
Total des années d'expérience :16 years, 1 Mois
Develop budgets; create quarterly forecasts, assess monthly sales performance, identify key trends impacting revenue, profits and spend.
•Close involvement in analysis of new product development and business development base case financial models.
•Present quarterly and annual financial results of Business Unit to Audit company. Work with Auditors at year end to provide supports and necessary documents.
•Proactively identify, evaluate, and drive opportunities to reduce costs.
•Lead projects for alternative business strategies and direct the development of annual corporate and business unit budgets
•Analyze business metrics related to sales, margin, pricing, product development/sourcing, and marketing.
•Develops ways to continually improve the processes to ensure timely and accurate budget analysis and financial review for management team.
•Create financial models for consolidated Company performance, and detail models for performance within units of the company.
•Deliver accurate and insightful monthly results and key variance analysis, communicate with senior management, and provide recommendations
•Guide and support senior managers to meet current and long-term financial sustainability targets, implement plans to expand employee ownership, and evaluate M&A opportunities aligned with business strategy
•Lead meetings with the managers of each functional area to analyze and improve processes.
•Lead the resolution of bottlenecks from a resource perspective and support governance bodies and their requests.
•Partner with leadership to develop and execute strategic initiatives to improve top-line performance and reduce costs in the near term.
•Develop project target achievements, completion dates and adhere to an agreed upon schedule with timely communication of project statuses.
•Ensure compliance with all applicable laws and regulations
•Lead change management, training, and collaboration
Prepared daily, weekly, monthly, and quarterly financial reports and internal metrics for the organization.
•Assisted in month end closing and prepare variance analysis.
•Prepared monthly and quarterly forecasting, financial package and presentation for the board of directors and senior management.
•Conducted market research in Philadelphia region for expansion and opening of potential new centers per the market needs.
•Prepared KPI and strategic trends for senior management including Controller, VP Finance, CFO, CEO and the market team providing insight on the overall organization performance across the nine centers.
•Analyzed and interpret monthly variance and trends between budget, actual, and prior results in developing projections and forecasts.
•Assisted Controller in gathering requirements for annual audit.
Prepare monthly, quarterly, and annual financial reporting metrics, dashboards and presentations using Qlikview, Cognos, Power BI, Tableau, and/or Salesforce, including detailed analysis of budget and forecast.
•Collaborate with finance, operations, underwriting, HR departments, and executive management teams to create month end closing and forecasts, supporting planning initiatives, enhancing their decision making.
•Partners with colleagues and underwriters to evaluate the insurance program and develops recommendations to strengthen coverage and risk transfer strategies.
•Derive and implement logical methods for allocation of insurance costs by analyzing claims and highrisk areas.
•Increase senior management focus on key performance indicators by prepared strategic trend metrics to measure Key Performance Indicator (KPI).
•Evaluated multiple levels of risk for commercial clients.
•Review financial statements and structure financial analysis report by collecting and monitoring data associated with performance and risk.
•Analyze and interpret monthly variance and trends between budget, actual, and prior results in developing projections and forecasts.
•Prepare monthly and quarterly budget and forecasting for claims leading to sound understanding of losses across the world, helping the underwriting department charge accurate premiums.
•Eliminate issues and increase efficiency by implementing process improvements and/or training solutions.
•Oversee and guide staff, local and offsite, working as the subject matter expert (SME), assess possible risks, schedule meetings, provide support to team members, and optimize their performance.
•Develop process documentation SOPs, gain systems access and train staff on new data analysis initiatives.
•Improved working process, automate report generation, eliminate chances of human error, increase productivity and efficiency, leading to a cost savings of $100, 000 per year within a year, having revised SQL queries in Cognos 10.1.
•Assisted in migrating and validating intranet content migration from a content management system to Cognos 10.1 making the reporting process quick and more resourceful.
•Attended a 2 weeks' training session in Croydon, UK to bring on EMEA reports over to a team of local analysts.
•Prepared additional ad-hoc reports per the request of senior management.
Developed multiple forecasting models to examine company's Northeast Commercial Insurance Operations, forecasting revenue, identify trends, and assess risk.
•Compiled reports in order to highlight the effects of risk and the proposed solutions.
•Conducted month-end closing functions and generated revenue reports for senior management providing KPI helping them make sound decisions.
•Worked with VP of operations to create quarterly, annual and long-term budget and forecasting reporting for multiple departments.
•Performed monthly assessment of balance sheet reconciliations and cleaned up pending accounts.
•Key member of the implementation team of the site wide online account reconciliation system, including training staff, system testing, and developing SOPs.
•Managed automated accounting system to prepare financial reports.
•Prepared case file and analyzed data to determine root cause and other errors/factors and determined responsible party(ies) and any potential financial exposure.
•Reduced/eliminated any future financial exposure by resolving all disputes leading to a 15% annual reduction in claims payment.
•Built good relationships with internal and external auditors, developed trustful relationships with interdependent divisions across the organization, and provided them with timely and accurate information.
Monitored and analyzed Key Performance Indicators (KPI) by conducting departmental financial data analysis.
•Gathered, analyzed, and reported company risk information for policy renewals and audits.
•Involved in variance and GAP analysis of claims processing and payment.
•Provided necessary Industry and market research to target new businesses.
•Prepared monthly, quarterly, and annual forecasts for claims and premium.
•Research variance between budget and forecast data and proposed corrective actions for the team.
•Assisted with monthly closing, produced MS Excel charts, tables, and ad-hoc reports.
•Managed over 200 accounts with total adjusted claims of over $200 million per year.
•Worked closely with multiple departments to properly adjust and bill losses.
•Ensured an accurate and timely collection of fund and excess allocations.
•Investigated/researched issues pertaining to individual accounts.
•Prepared executive summaries, financial data analysis and action plans for senior management.
•Implemented new record filing methods which increased controls, reduced errors and expedited the document retrieval process.
•Built great working relationship with clients and brokers by quickly responding to their queries with up to date information, which lead to multiple multi-million-dollar renewal deals.
•Worked with internal and external auditors, providing 100% accurate work papers and answering all questions, leading to successful departmental audits year after year.
•Supervised and reviewed over 50% of loss statements prepared by colleagues prior to release to the clients, resulting in the collection of over $100 million in payments per year.
•Prepared procedure documents and training materials and mentored team members.
•Liaison with technology to enhance systems and business processes and performed UAT.
Generated and distributed invoices, excess calculation sheets and back-up leading to collection of payments in excess of $100 million per year.
•Set up renewed policies within the system in a timely manner ensuring all claims were handled proficiently and correctly.
•Collected additional $15 million in payments by resolving disputes.
•Improved the working process having maintained physical claim files, obtained policy information and other documentation.
•Updated activity logs, tracked status of claims activity, provided management with and accurately updated claim payment activities.
•Prepared and distributed correspondence related to claims activity, included acknowledgement letters and letters with claim payments.
•Oversaw the validation process of claim adjudication.
Communicated with the suppliers overseas and followed up on production status.
•Created detailed excel spreadsheets for orders from the buyers.
•Guaranteed payments were made in a timely manner.
•Maintained an immaculate filing system for all in/out going office correspondence.
BACHELORS OF SCIENCE - BUSINESS MANAGEMENT AND FINANCE