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It’s easy for finance to say ‘no.’ But I get what stakeholders at all levels need and why, taking a consultative approach to help cross-functional teams accomplish goals that align with company financial targets. Not your average CFO, charismatic communication leader meets financial analysis and modeling expert, allowing a unique advantage and perspective that’s earned me a reputation as a business enabler who nurtures top-line growth and bottom-line health. Rose rapidly through the ranks at Verizon Wireless by developing a strong working culture where YOY market share, profits and revenues grew under my leadership. Career highlights include:PRICING STRATEGIES: Boosted Verizon to 100% of Industry’s Net Customer Adds for 18 Months by Launching New Pricing Model. Impacted $9B in annual subsidies through equipment pricing on mobile devices and accessories. CONTRACT NEGOTIATIONS: $2B in domestic and international roaming contract negotiations. Led company to win several awards, including AT&T First Net build valued over $300M, Connect America Fund Grant of $80M over 10 yearsRELATIONSHIP DEVELOPMENT: Earned team loyalty when modeling error reduced a project’s net value by $1B. Presented results to senior leadership explaining the mistake and why it would not recur – rather than assigning the presentation to the responsible report.OUT OF BOX THINKING: Catapulted a motivated agent to becoming the 2nd largest distributor, by designing a dealer incentive to turn around a financially overextended situation, seeking the win-win solution. “Truly one of the best people leaders I have ever had the pleasure to support.” – Donna Peoples, HR Business PartnerIf you are looking for an effective CFO who understands the business from the field perspective and welcomes insights and feedback from teams to find out what they need to deliver organizational goals, please give me a call. Joe Moravec908.581.2371joe.moravec@outlook.com
Victra - Verizon Authorized Retailer
View- Website:
- victra.com
- Employees:
- 573
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Executive Vice President And Chief Administrative OfficerVictra - Verizon Authorized RetailerRaleigh, Nc, Us -
Executive Vice President & Chief Administrative OfficerVictra - Verizon Authorized Retailer Feb 2024 - PresentRaleigh, North Carolina, Us -
Senior Vice President And Chief Of StaffVictra - Verizon Authorized Retailer Jun 2020 - PresentRaleigh, North Carolina, Us -
PresidentAtn International 2017 - May 2020Beverly, Massachusetts, UsHired based on extensive wireless experience to partner with CEO on reframing strategy and instilling a more collaborative culture. In addition to leading growth and cultural initiatives, lead and support 200-member team in ongoing operations, including critical roaming contract negotiations with wireless icons like AT&T, Verizon, and Sprint as well as management of a $150M P&L.Unified Team and Vision by Clarifying Expectations, Aligning Objectives, and Leading by ExampleUS Telecom was lacking a clear path forward and was hindered by siloed organizations whose goals were often at odds with each other. Continually visiting nationwide locations and 150+ skip-level meetings.• Engaged leaders, redefined vision, mission and strategy. Cultivated multiple incremental potential growth strategies.• Lead company to win several awards, including AT&T First Net build valued over $300M, Connect America Fund Grant of $80M over 10 years, and Apache County and Grand Canyon subsidized fiber builds.• Instilled trust and respect by seeking answers from the people who had worked in the business for years and through symbolic gestures like taking the smallest office to avoid displacing other leaders.• Unified siloed organizations by aligning their objectives and unifying the reporting structure. -
Chief Financial Officer - Field OperationsVerizon Wireless 2015 - 2015Basking Ridge, Nj, UsNATIONWIDE OVERSIGHT: Recruited due to expertise in front line operations, managed field operations impacting 112M customers and $38.8B EBITDA as well as sales and financial results across the US.MASSIVE REORGANIZATION: Reduced 20-region structure to 6 markets and improved financial support despite a 20% reduction in staff. Facilitated 6, 3-day meetings with functional heads and teams to build relationships and introduce new strategy. Streamlined daily activities including standardizing budget, analysis, quotas, commission strategy, B2B non-standard pricing, inventory and reporting process. -
Chief Financial Officer - South AreaVerizon Wireless 2012 - 2015Basking Ridge, Nj, UsSALES GROWTH: Led customer growth by setting quotas, planning commissions and working with sales on promotions and contests. Managed new locations through site selection, construction and maintenance of 510 retail store relocations. Directed and oversaw budget and month end close to align area, regional and HQ operational strategies.TEAM LEADERSHIP: Implemented and led calls with directors to discuss month end close and review performance indicators and business results. Hosted meetings with all 160 members of team and brought entire team together for a first-ever, finance conference. MARKET SHARE: Expanded customer base and increased smart phone sales and contracts. Implemented a flexible and innovative sales incentive program and aggressive business sales pricing. Provided sales staff with discount bar codes to use at their discretion. Effort resulted in the South Area outperforming other areas in sales and achieved 60% instead of the projected 25% of net adds. -
Vice President - Commerical AnalysisVerizon Wireless 2011 - 2012Basking Ridge, Nj, UsLEADERSHIP: Facilitated all national commercial decisions through financial analysis and opinion. Championed the objectives of the Executive Vice President and CFO and directed the activities of 7 direct reports including 2 Executive Directors, 4 Directors and 1EA. COMPENSATION AND INCENTIVES: Partnered with sales and marketing teams and supported agents by approving $6.5B in commissions and compensation. Supported sales while still keeping P&L intact.PRICING MODEL VANGUARD: Developed a business case for change in pricing structure with extensive financial modeling. Guided a team of 8 analysts to model new pricing and impact of every permutation resulting from moving to new price model. Launched industry changing pricing model “Share Everything” which included unlimited voice and text. New model resulted in 40% increase in customer growth and an incremental $500M of revenue vs. current run-rates. -
Executive Director, Finance – Enterprise & GovernmentVerizon Wireless 2011 - 2011Basking Ridge, Nj, UsOPERATIONS: Recruited to lead brand new group and streamline a non-standard B2B pricing and business sales operations. Managed $4 billion in annual revenue serving 5M customers. STREAMLINED PROCESSES: Stabilized operations and removed inconsistencies by assembling a new finance team of 400 employees to work across 4 areas. Implemented agile systems and processes to meet big business pacing with quick turnaround. Approved all nonstandard pricing determinations and conducted over 2,000 reviews per year. -
Director Finance - Northeast AreaVerizon Wireless 2008 - 2011Basking Ridge, Nj, UsCHANNEL MANAGEMENT: Directed area budget process in support of consistency between the area, regions and headquarters business plans. Facilitated sales strategies and managed escalations for the B2B sales channel. Led the month end closing process and flash report to alert the CFO of trends and issues. SALES SUPPORT: Championed the objectives of the sales and marketing functions by approving marketing proposals that drove sales including incentives, promotions, equipment offers, rebates and contests. RELATIONSHIPS: Key contributor to 15% YOY EBITDA growth by restoring team relationships and working with sales and marketing in field operations. -
Executive Director - Budgets & Forecasting And Business DevelopmentVerizon Wireless 2005 - 2008Basking Ridge, Nj, UsSTRATEGY & FORECASTING: Led the completion of the 5- and 10-year business strategies and integrated plans into the annual budget. Oversaw quarterly forecasts to ensure operating plans remained liked to the financial plans and objectives. -
Director - Investment AnalysisVerizon Wireless 2004 - 2005Basking Ridge, Nj, UsFINANCIAL ANALYSIS: Conducted financial analysis and decision making and pricing for new products and data services. Authored business cases for pricing development on LBS, Mobile Web, Global Phone, telemetry, Brew Services, Multicasting services, call center strategies, 411 and establishing metrics for network cost per minute.PRICING STRATEGY: Drove revenue, market share and bottom line profits by developing and executed pricing strategies for a wide range of products and services including mobile broad band, PDA and blackberry, messaging, consumer data transport, and music and video on demand. -
Director - Financial AnalysisVerizon Wireless 2003 - 2004Basking Ridge, Nj, UsCOMPENSATION: Led all financial analysis and decision making for compensation paid to national agents such as Wal-Mart, Best Buy, Radio shack, Circuit city, Home Depot, 7-11, Verizon Plus and Amazon to name a few. CHANNEL SUPPORT: Supported reseller and telematics channels affecting approximately 3.5 million customers and directed financial analysis and pricing for 1.8 million prepay customers. -
Executive Director - Strategic AlliancesVerizon Wireless 2000 - 2003Basking Ridge, Nj, UsRESEARCH & ANALYSIS: Contributed to a wide range of acquisitions and led a team charged with conducting research and analysis of potential acquisition companies all over the US. MERGERS AND ACQUISITIONS (M&A): Integrated $1.5B+ by contributing to the negotiations of mergers, acquisitions and divestitures and providing financial analysis and expertise to valuations and closings. -
Director - Business DevelopmentGte 1997 - 2000UsVALUATION: Directed the sales and valuation process for the sale of 1.6M telephone access lines. Negotiated prices and contracts and led due diligence and buyer correspondence. Closed 12 transactions valued at $5.25B.NEGOTIATION: Oversaw all financial due diligence including modeling, valuation and negotiations to close 12 telephone access line deals worth $5.4B plus $200M in wireless transactions.
Joe Moravec Skills
Joe Moravec Education Details
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Penn State UniversityFinance -
Cornell UniversityElectrical Engineering
Frequently Asked Questions about Joe Moravec
What company does Joe Moravec work for?
Joe Moravec works for Victra - Verizon Authorized Retailer
What is Joe Moravec's role at the current company?
Joe Moravec's current role is Executive Vice President and Chief Administrative Officer.
What is Joe Moravec's email address?
Joe Moravec's email address is jo****@****tra.com
What is Joe Moravec's direct phone number?
Joe Moravec's direct phone number is (760)-371*****
What schools did Joe Moravec attend?
Joe Moravec attended Penn State University, Cornell University.
What skills is Joe Moravec known for?
Joe Moravec has skills like Telecommunications, Management, Forecasting, Wireless, Strategy, Cross Functional Team Leadership, Mobile Devices, Strategic Planning, Strategic Partnerships, Business Development, Leadership, Financial Modeling.
Who are Joe Moravec's colleagues?
Joe Moravec's colleagues are Abraham Ortiz, Kyal Ikerd, Demetrius Broaddus, Rachel B., Armando Romero, Kristina Boggs, Petra Sanchez.
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