BLACH 2685 Canoe Circle Drive Lake Orion, MI 48360 (248) 977-3676 nbfcb6ee@westpost.net
Corporate Finance professional with diversified experience in corporate accounti
ng, cash flow management, activity based costing, executive leadership support, performance reporting and financial analysis. Extensive experience in cost impr ovement and capital project costing, annual business plan development and multi- million dollar budgeting. Effective communicator and problem solver. Strong PC /spreadsheet skills, excellent multi-tasking, organizational aptitudes and prove n ability to influence business partners. Directly involved with three corporate acquisitions and divestures. Solid credentials: MBA honor graduate and certific ation in Purchasing Management. EMPLOYMENT HISTORY Ally Bank(GMAC)Detroit, MI May 2010 to Current Senior Financial Analyst Improved accuracy and efficiency of month end close -Meet requirements of corporate financial close timeline as they relate to the T SS/Infrastructure group. -Enhanced the processes and procedures for the monthly infrastructure operations accruals that are necessary monthly. -Created detailed line item forecasting models that will enable clients to more accurately anticipate the timing of expenses and more accurately reflect the ong oing accruals that are required for Infrastructure -Identify prepaid expenses and set up amortization schedules -Provide guidance on consistent use of accounting policies where applicable -Drove sustained cost reduction efforts -Managed GTO cost reduction efforts as they relate to outsourcing initiatives. S pecifically tracking and reporting efforts to execute against 2010 expense redu ction initiatives -Provided oversight to team and final review and validation of achieved savings that will ultimately be reported to senior management.
Pfizer, Inc., Ann Arbor, Michigan October 1997 to Current
Finance Manager (May 2006 Current) Manage day-to-day accounting activities for all regions (America, Europe, Asia) Corporate IT Division, Global Security & Messaging - Financial Planning & Report ing with a 2009 operating plan of $76.6M. Educate and train internal clients on Hyperion Pillar/COGNOS/Business Objects to ols, corporate accounting policies including accrual accounting, signature level authorizations, transformation/acquisition coding, purchasing guidelines, capit al thresholds and classifications, vendor contract management and contingent wor kforce guidelines. Identify, interpret, and analyze potential accounting risks on department overhe ad expense accounts by auditing spend activity, accrual reporting and tax alloca tions for regional/global services. Prepare annual operating and capital budget and mid year forecast using a zero b ased budgeting approach working with clients to back into top down targets. Execute the month-end and general ledger book close process. Review monthly fina ncial results, perform monthly closing activities (journal entries, management r eporting preparation) using Hyperion Pillar, HFM/COGNOS/Business Objects/Computr on applications. Process Intercompany transfer request, determine appropriate accounting strings and routing internal assessments to other divisions. Reconcile Intercompany balance sheet accounts, set up prepaid expense amortizati ons and track reoccurring activity. Audit spending activity and capital depreciation scheduling to ensure GAAP/Sarba nes Oxley compliancy. Manage the preparation on monthly/quarterly/yearly internal financial statements . Build custom reporting packages and present data to executive leadership team on a consistent basis. Coordinate with other departments and/or divisions on budget transfers, reclassi ng of expenses and internal chargebacks of usage costs. Review fixed asset management system. Identify capital construction in progress projects and determine depreciation amortizations. Cleanse fixed asset registe rs on a quarterly basis and identify write downs, disposals or asset impairments .. Provide internal financial analysis, consultation and decision support to Corpor ate IT leadership team. Perform business case/financial analysis in support of major restructuring progr ams with challenging savings targets. Determine NPV, IRR, ROI and payback with cost of capital analysis on large investments. Identify, interpret, and analyze potential accounting risks and issues on cost a voidance operational theories. Build and present business cases and advise senior leadership on capital project s with financial risks and benefits. This involves a high level of independent judgment, decision-making, accuracy, and initiative. Investigate invoice delays by reviewing PUM (purchase orders unmatched) reportin g and confirming goods/services received with internal clients. Coordinate with Accounts Payable team on outstanding invoices and payment authorization. Develop new methods of analysis, select methods of data presentation, such as ch arting, diagrams, etc. Present process improvement ideas and develop standard op erating procedures for finance management team across all regions. Senior Financial Analyst (May 2005 May 2006) Financial lead in building multi million $ business cases/executive summaries an d other financial analysis for data center (server) management in support of maj or projects with a savings target of $50.1M. Performed the financial planning & reporting in support of over $200M of data ce nter programs & projects. Determined NPV, IRR, ROI and payback with cost of capi tal analysis on large investments. Optimized business plans to improve business results by respectively challenging IT managers on need vs. want spending habits. Coordinated vendor management activities on government related contracts involvi ng highly confidential data mining. Prepared various reports included project financial status, earned value, risks and opportunities, and program profitability Work involved a high level of independent judgment, decision-making, accuracy, c reativity, and initiative. Delegated work to contracted staff managing project scopes and expectations. Cost Accountant (May 2003 May 2005) Led the collection of volume-metric data collection, cleansing & reporting in s upport of the Corporate IT Activity Based Costing annual budgeting and quarterly update processes. Global Systems Administrator for the Activity Based Costing software tool suite (Prodacapo). Trained team members on the tool, managed user accounts and built a customized structure/reporting structure for clients. Managed a technical staff with system administration roles. This team develope d control processes and managed user accounts. Provided recommendations to senior leadership on gap analysis studies and data extract solutions. Developed reports, analyzed data and reported on results for Corporate IT & cust omer specific IT usage activity. Assisted a DBA and CITRIX management team on w eb server issues. Played a key role in driving an increase in efficiency & effectiveness in the Co rporate IT Activity Based Costing process by providing transparencies in overhea d allocations to internal clients. Financial Analyst (Sept 1999 May 2003) Performed financial planning & reporting activities for the Corporate IT Ann Arb or site supporting 5 functional areas with a total annual budget of $18M. Performed general accounting support for the Corporate IT Ann Arbor site. Led site software licensing efforts and assisted procurement in vendor negotiati ons. Participated in the financial systems integration project to development, test a nd implement Computron (GL, Fixed Asset) and Ariba (E-Procurement application). Administered the financial aspects of the site PC lease program, including perfo rming a successful tax audit with a recovery of $450K in R&D credits. Technical Procurement Administrator (Nov 1997-Sep 1999) Managed the product research of all non-standard hardware and software purchases . Led the negotiations with suppliers in software licensing terms and cost analysi s. Assisted the facilities management team on data center infrastructure. Investigated warranty and service contracts on both hardware and software assets . Assisted in the budget & forecast of hardware (capital) and software. EDUCATION MBA - Cleary University, Ann Arbor July 2006 to April 2008 BA Business/Finance - Concordia University, Ann Arbor Sept 2002 to June 2004 Purchasing Management Certification - The University of California, San Diego S ept 1998 to June 1999 Oakland University Auburn Hills, MI - Sept 1995 to June 1997 Treasurer Hampton Ridge Condo Association, 257 Units Attended advanced classes at various training centers for Computron (AXS One), S AP, ERP, Oracle, Hyperion, Business Objects, COGNOS, MS Excel, MS PowerPoint and MS Access.