Brian Schaefer Email & Phone Number

Austin, Tx, Us

Austin, Texas, Us

Delivered exceptional execution of all payment and cash receipt transactions. Managed team of 5 associates.• Successfully migrated Payables and Expense Management processes from former parent company to Oracle Fusion.• Designed and staffed new Accounting Operations team with without service interruption• Responsible for management of over 300 vendor invoices and $20 million in payments monthly, achieving 99% accuracy. • Reviewed all distributor partner contracts to ensure accuracy of revenue share calculations.• Oversaw calculation of over 800 distributor partners revenue share disbursements totaling over $8 million monthly.• Ensured timely reimbursements of employee expense and customer balance refunds.• Provided mentorship and career development to associates across the organization.• Performed monthly Balance Sheet account reconciliations and analysis.• Responsible for delivering all required payables data for annual external audit.• Ensured SOC1 and SOX controls were performed successfully. Revised procedure flows and documentation as required.

Austin, Texas, Us

Enhancing value for Netspend’s partners through delivery of key product and software development initiatives• Transformed disbursement product line to a growth oriented digital product.• Lead requirements gathering and story writing for strategic development initiatives that leverage Loyalty, Demand Deposit Account, and Disbursement product platforms.• Delivered automated self-service partner application process to support 10x increase in throughput scale.• Oversaw initiative to transition Paycard terms and fee schedules to a centralized master data management platform, ensuring compliance with governmental regulations.• Provided clear and timely communication with initiative stakeholders through all stages of development.• Obtained Certified Scrum Product Owner (CSPO) certification through Scrum Alliance.

Austin, Texas, Us

Management and implementation of enterprise-wide strategic initiatives.• Transition of Loyalty, Award and Disbursement products to Netspend platform, mitigating annual costs of $1.5M• Savings program interest rate optimization initiative. Reduced expense by $1.6M in 2016.• Updated platform with Visa tokenization of prepaid cards for Apple Pay and Google Wallet.• Launched Demand Deposit Account product that provides customers with enhanced banking services.• Manage the B2B Product Development portfolio, ensuring alignment with product roadmap.

Assisting with month end close processImplementation of online expense reporting programExpense analysisBalance sheet reconciliation

Foster City, California, Us

Responsible for global financial operations shared service center, including Accounts Payable, Expense Report processing and Corporate Card programs. Managing team of 20 associates • Lead upgrade of Oracle Payables module upgrade from 11i to R12.• Drove implementation of automated payment processing that centralized payments from multiple bank accounts to a controlled gateway.• Gathered business requirements for automation of invoice processing.• Developed metrics that improved performance by over 30%.• Drive improved relationships with regional controllers.• Created partner service agreements with strategic business units that enable proactive responses to supplier management issues.• Complete Accounts Payable balance sheet reconciliations.• Oversee SOX key control improvements for payment process.

Austin, Texas, Us

Responsible for strategic accounting shared services, including Accounts Payable, Purchasing, Accounts Receivable, Commissions and Facilities. Managing team of 12 associates •Implemented Oracle AP, Purchasing and Inventory modules.•Delivered over $5 million of cost savings through managed purchasing policies. •Re-engineered partner commission process, reducing completion time by over 10 days.•Established centralized purchasing and sourcing functions.•Detailed knowledge of Oracle accounting modules.•Developed standardized procurement processes and SOX policy documentation.•Led project that improved partner implementation process and provided performance insight.•Provided analysis and commentary on key financial performance metrics.•Managed annual pay-for-performance objectives aligned for team with corporate goals.•Mentored Accounting Managers to higher performance and promotion.•Represented accounting back office requirements on strategic partner implementations

Irvine, Ca, Us

Leveraged financial knowledge and cross departmental relationships to ensure best in class profitability of product distribution programs. Led cross-functional supply chain projects for strategic partners, providing sourcing and procurement solutions. Conducted on site customer needs assessments and developed procurement programs to meet unique customer requirements. • Added over $100M in annual revenue by implementing consigned inventory program• Delivered financial reporting and executive presentations on purchasing programs. • Achieved best in class profitability, beating competitors by 30%.

Irvine, Ca, Us

Spearheaded new vendor recruitment program in response to market dynamics and customer needs. Developed contract boilerplate. Oversaw administration of contract negotiations. Coordinated procure to pay process with Accounting team. Provided logistics services training to internal and external customers. Aligned communications between Accounting and Purchasing teams. Managed team of 25 associates.• Leveraged Six Sigma process to improve profitability of distribution programs.• Reduced operating costs 40% by creating financial modeling program for purchasing services.• Improved annual revenue of logistics programs from $25M to over $50M in 3 years.• Drove operating expense reduction projects totaling over $1M annually.• Tripled annual sales volume on customer specific procurement program in 2 years.

Irvine, Ca, Us

Oversaw inventory and partner program accounting, managed team of 4 Staff Accountants.• Built efficient general ledger analysis process, reducing month end close process by 1 week.• Implemented automated inventory reserve program reducing exposure by $250M.• Conducted review of vendor charge back issues, protecting over $10M of income.• Mitigated credit hold risk through vendor networking, ensuring no shipments were delayed.• Reduced shrinkage by conducting physical inventories audits at 8 US distribution centers.• Served as an interim Staff Accountant at Ingram Micro facilities in Scandinavia and Germany.

Us

• Prepared monthly financial statements and balance sheet account reconciliation.• Developed gross profit analysis reports comparing monthly and year to date trends to budget.• Prepared monthly journal entries.• Reconciled bank statements.• Managed ADP payroll system for entire organization.• Created reporting to track new sales to budgets and prepared Sales commission statements.• Researched and reported on financial operations for CFO and President.• Oversaw accounts payable system and payment disbursements of over $1 million per month.• Implemented and administered company wide Total Quality Management program that resulted in increased process efficiencies and reduced operating costs.

Managed Accounts Payable and logistics for fuel oil distribution transactions.

Bachelor Of Arts, Business Administration - Management

Intermediate Accounting