Brian Mcdonough Email & Phone Number

Indianapolis, In, Us

Hamilton, Bermuda, Bm

➥ Player/Coached a team of six IT Finance Expense associates through month and quarter-end close deliverables related to forecasting, allocated expense product line analytics and report-outs, annual budget planning and related executive presentations, and reporting enhancements to the Apptio platform.

Chicago, Il, Us

Partnered with two insurance industry leaders spanning 19 months in the Corporate Actuarial, Line of Business Actuarial, and FP&A functions.➥ Led analysis, project management, and final memo for expense experience study for Life, Annuity, and DI to update Line of Business and Corporate Actuarial pricing assumptions. Demonstrated diligence in collecting, interpreting, updating, and presenting data for unit cost updates for New Business, Underwriting, Distribution, In-force Operations, Claims, and Surrender functions.➥ Built and implemented enterprise-wide cost center questionnaire that captured Acquisition (DAC/Non-DAC), Maintenance, and Overhead percentages for expense reporting, as well as cost center drivers for legal entity, line of business, and product allocations.➥ Managed Expense FP&A team of eight associates through the last two-quarters of a successful SAP S/4HANA ERP system implementation and year-end GAAP accounting close.

Irvine, Ca, Us

Partnered with an insurance industry leader spanning 8 months in the FP&A and Transformation functions.➥ Developed and implemented an enhanced enterprise-wide, dynamic time study template to support the annual deferred expense review. ➥ Performed detailed competitor analysis on sales reporting of spread-lending products by reviewing financial statements and associated footnotes (10-K, Q, Annual Report, Investor materials) which led to new internal and external reporting views of sales for the FHLB product line.➥ Assumed month-end responsibility for enterprise-wide Corporate Projects reporting and forecasting leading to a greater granularity of total and capitalized spend.➥ Reconciled headcount database to align open positions and current ADP positions across the organization as a precursor to 2023 budgets and implementation of ChartHop HR software.

Chicago, Il, Us

Partnered with an insurance industry leader spanning 13 months in the FP&A and IT functions.➥ Implemented Excel automation process improvements for enterprise-wide expense allocations that will save 200 hours annually.➥ Led month and quarter-end IT and Finance budget to actuals analysis, PowerBI visualizations, forecasting, and other ad-hoc financial reporting that aligned with the enterprise strategy and objectives.➥ Mentored newly hired Lead FP&A analyst and conducted project analyses such as total technology spend benchmarking, unit cost, and blended delivery model (FTE vs. Contractor) labor analysis.➥ Partnered with Finance and Technology leadership to develop initial process and tracking of expense and benefit reporting for company-wide SaaS technology transformation initiatives.

Carmel, Indiana, Us

Served in a VP-level role leading cross-functional teams encompassing Finance, Information Technology, Operations (call center, underwriting, new business), and Analytics Insights. ➥ Directed and managed one-third of the organization’s annual direct operating expense budget equaling $250M+, inclusive of planning, analysis, and forecasting.➥ Spearheaded $75M+ Board of Director-approved Technology programs and $100M+ in capitalized IT and operations projects delivering effectiveness and efficiency.➥ Championed the integration of new software tools Tableau and Alteryx into the enterprise to drive automation, visualization and self-service reporting of operational KPI’s.➥ Led the finance team RFP business case planning activities and presentation processes associated to IT outsourcing while directing the workforce through a reorganization resulting in $8M to $10M in annual savings.➥ Trained, coached, and mentored a team of 17 high performing associates within technology and operations divisions from three teams including finance, operational analytics, and workforce management.

Chattanooga, Tn, Us

Directed expense management and provided thought leadership and project management across the Voluntary Benefits line of business.➥ Championed the target reduction of 200 bps to the product line expense ratio on a $300M expense budget propelling overall financial performance.➥ Spearheaded the financial framework project and performed as the key contact to create operating expense analytics and reporting structure supporting strategy, new product pricing, and underwriting decisions.

Glen Allen, Virginia, Us

Drove top and bottom-line growth of multi-channel, multi-product offerings through advanced modeling of income statement financials, sales and operating KPI’s. ➥ Served as Distribution's Head Finance partner for the annual sales planning and forecasting processes.➥ Championed sales channel and firm new business profitability analytics that drove product "on-the-shelf" availability decisions.➥ Led multi-year and annual plan, monthly and quarterly driver-based profitability analytics for GAAP and Statutory financial statement reporting. ➥ Modeled complex go-to-market product sales, commissions, and capital strain analyses for new product offerings.➥ Provided oversight on rating agency and Board of Director requests relating to distribution and product metrics.

SPRINT NEXTEL CORPORATION • Manager, Gross Margin Accounting (Revenue Reporting)ARTHUR ANDERSEN, LLP • Professional Audit Associate

Bachelor Of Science - Bs, Accounting

Continuing Education, Experienced Leadership Course

Continuing Education, 18-Month Trusted Advisor Program