Daniel H. Bednar, Cpa Email & Phone Number

Garden Grove, California, US

• Manage the finance, accounting and treasury functions across a five-company portfolio. Implemented a formal financial planning and analysis process including budget and periodic re-forecasts. Formalized financial.
• Prepare annual operating plan and monitor company performance through the creation of mid-year forecasts.
• Prepare monthly, quarterly and annual consolidated financial statements including balance sheet, P&L and statement of cash flows. Shifted the company from cash basis accounting to accrual basis (GAAP).
• Manage company cash flow and working capital requirements. Oversee accounts receivable and accounts payable.
• Manage the company’s debt service obligations; prepare quarterly bank compliance certificates.
• Assist in the preparation of the company’s tax returns, quarterly tax deposits and annual compilation report.

• Directed the day-to-day finance and accounting functions across a three-company portfolio. Spearheaded the implementation of a budget and mid-year forecast process. Administer month-end closing procedures and.
• Prepared the annual operating plan and periodic re-forecasts.
• Championed the migration from cash-basis to accrual-basis accounting through the implementation of General Accepted Accounting Principles (GAAP).
• Formalized policies and procedures associated with cash, accounts receivable, accounts payable, deferred revenue, inventory, fixed assets and expense approvals.
• Established internal controls for expense reimbursement, asset tagging, vacation, network usage and contract archival.
• Aligned management and employee incentive compensation structures to corporate performance.

• Managed the financial planning and analysis function for new business initiatives, products and partnerships. Distributed financial results and metrics to management with accompanying insights and recommendations..
• Brands include Motor Trend, Hot Rod, Surfer, Mind Over Eye Studios and Motor Trend On Demand.
• Developed a real-time business intelligence web portal providing on-demand access to critical KPIs including website and video metrics, audience data, social media data, competitive intelligence and ad monetization.
• Developed a corporate reporting dashboard for a new subscription video service product.
• Transformed the company’s finance culture from static reporting and self-interpretation to one leveraging visualization, actions and insights.
• Created a data governance and privacy policy.

• Managed the finance and accounting function for a company with over 90 online properties, 70 print publications and 50 events. Managed the preparation of the annual operating plan, quarterly forecasts, cashflow.
• Key contributor in organizational restructuring leading to the elimination of declining and/or unprofitable products.
• Collaborated with the business development team in the acquisition and disposition of several large print and digital companies.
• Improved talent in the credit department which led to improved cash collections, A/R turnover and DSO.
• Private Equity Investor: Golden Tree Asset Management.
• Managed a team of over 40 professionals.

• Managed the financial planning and analysis function for a high-growth digital organization encompassing more than 90 online properties. Held accountable for the preparation of the annual operating plan, quarterly.
• Implemented a rigorous revenue recognition process for a rapidly growing digital display advertising business.
• Researched technical accounting issues related to capitalized content and internal use software; implemented policies to insure proper accounting treatment.
• Created a contract repository to insure licenses were evaluated on an annual basis.
• Private Equity Investor: Golden Tree Asset Management.
• Managed a team of 7 professionals.

• Private Equity Investor: Spectrum Equity Investors.

• Private Equity Investor: KKR.

Master Of Business Administration - Mba, Finance And Accounting

Bachelor Of Arts In Business Administration, Accounting