John Flack Email & Phone Number

Mclean, Virginia, Us

Amsterdam, Amstelplein, Nl

Parsippany, New Jersey, Us

> Develop annual budget, long range plan, monthly reforecast, and monthly close and management reporting packages; collaborate with Sales Planning, Production Planning, Investor Relations, Operations, Brand Teams, Manufacturing, Procurement, Logistics, Information Technology and Accounting> Create and lead presentations for CFO, finance close meetings and performance reviews analyzing operational drivers, risks and opportunities, trends and variances, and comparing and explaining actuals to budget, forecast and prior year results> Implemented and lead weekly and monthly Key Performance Indicators (KPI) dashboard that demonstrated how FP&A can promote operational excellence through fact-based decision making to drive financial and operational efficiencies, and reduce expenses> Lead and participate on special projects and ad hoc analyses to provide strategic, financial and operational insights; including financial modeling, cost/benefit analytics, gross margin improvement, SG&A headcount, and standard costs of goods> Oversee $600 million inventory budget including finished goods, raw materials, bulk crops; reporting and forecasting> Member of Capital Committee; review business cases, IRR and payback period to approve projects; $210M budget

New York, Ny, Us

> Implemented and managed budget, forecast and long range plan process to project working capital, revenue, expense, free cash flow, revolver borrowings, cash position ($700 million in 2015) , and external guidance, and performed strategic modeling for C-Suite of newly formed FP&A division of Time Inc. after June 2014 spin-off from Time Warner, for consolidated Time Inc. and its subsidiaries in the U.S., Europe and Asia> Led process to analyze monthly performance and explain variances to budget/forecast/prior year, business trends, and identify risks and opportunities by collaborating with Time Inc. Brands, Investor Relations, Accounting, Sales, Information Technology, Global Real Estate, M&A, International Finance and Tax > Member of Capital Committee (with CFO, CAO and SVP of Finance). Created process (Business Case/Return on Investment) for reviewing and approving capital expenditures’ requests. Budget, reforecast and track $255M capital expenditures budget> Built and maintained debt model ($1.4 billion) to forecast impact of debt repurchase and free cash flow scenarios on interest expense, cash interest payments, leverage ratios and other credit metrics> Created and oversaw corporate operating model to forecast impact of equity buyback scenarios on stock price, number of shares outstanding and dividends to shareholders> Prepared presentations for Board of Directors Meetings, Earnings Calls, CFO/CEO & Ratings Agencies (e.g. S&P, Moody’s)> Collaborated with Investor Relations, Corporate Communications and External Financial Reporting to craft and review earnings releases, CFO and CEO scripts, and financial statements (e.g. 10k, 10Q)

Parsippany, New Jersey, Us

> Managed $3.2B P&L for Toys "R" Us' largest toy segment (Learning: includes Lego, Fisher Price and Imaginarium)> Oversaw monthly close process to report and explain variances to budget, forecast and prior year results> Evaluated business trends, revenue, risks and opportunities, and analyzed monthly performance in driving business strategy> Analyzed, modeled, budgeted and forecasted KPIs, sales and profit impact of strategic initiatives and other margin-related drivers including markdowns, promotions, coupons/TPR (Temporary Price Reduction) and merchant allowance collections> Responsible for budgeting and forecasting inventory and shrink for entire company> Provided valuation and analytics for potential sale of FAO Schwarz store and brand

Parsippany, New Jersey, Us

> Managed annual, quarterly and monthly cash flow ($1.1 billion in 2012) and balance sheet budget, forecast, long range planning, and reporting processes for consolidated Toys “R” Us, Inc. and its subsidiaries in the U.S., Europe, China, Japan and Australia, used to project free cash flow, working capital, interest expense, debt repayments, ABL borrowings and year-end cash position for senior management> Developed new, more timely, automated cash flow and balance sheet forecasting and reporting processes that provided better visibility and accuracy by taking deep-dive analysis into historical numbers and current trends> Collaborated cross-functionally with Business Units, Accounting, International Finance, Capital, FP&A, Tax and Legal to develop monthly reforecast and to understand balance sheet and cash flow variances vs. budget, forecast and prior year results, and recommended corrective measures > Issued or refinanced $2.6 billion of over $5 billion in total company debt, including $985 million and $225 million domestic term loans, $925 million in international term loans and a $450 million domestic bond> Devised and organized CFO and Treasurer presentations including Board of Directors’ meetings, road shows for term loan and bond issuances, ratings agencies, high-yield conferences and other meetings with potential investors> Maintained corporate models: Integrated Financial Model (income statement, balance sheet, cash flow statement); and Return On Invested Capital (ROIC) and Cash Flow Incentive models that were used to determine bonus compensation for employees and senior executives> Provided weekly economic update to CFO and Treasurer reporting on stock market, currencies, interest rates and competitors> Responsible for monthly, quarterly and annual debt compliance reporting and monitoring> Analyzed and forecasted monthly credit card interchange fees> Confirmed and prepared wires for monthly unused fees on ABL and quarterly letter of credit fees

> Developed $100M sales strategy instrumental in bankruptcy emergence, tracked progress toward plan and communicated to senior management pricing and inventory by country while maintaining pricing and forecast models> Built model to evaluate potential deals with customers such as Hallmark Channel, Lifetime Network, Showtime, Metropole Television, Netflix and Hulu to ensure they supported business plan sales estimates, asset values and company growth requirements> Conducted inventory valuation and analyzed pricing structure to set profitable corporate sales objectives> Designed and implemented weekly and monthly reporting process for providing sales based P&L and analyses to COO> Integrated sales function with the financial reporting and forecasting processes to ensure sales team accountability> Led conversion to Salesforce.com database, enabling increased sales team visibility, efficiency and tracking

> Coordinated annual and long-term business plan processes, and revenue and strategic modeling; worked with Treasury, Accounting, Production Finance, Marketing, Distribution, Ad-Sales and Residuals to form yearly budgets, long range plan and forecast scenarios> Managed and provided weekly, monthly and quarterly financial analyses and reports to CFO, supplied variance explanations vs. budget/forecast/prior year, performed industry and trend analysis, communicated potential risks and opportunities, proposed strategies and solutions, and implemented process improvements> Prepared and organized CEO and CFO presentations including Board of Directors’ meetings, Initial Public Offering road show, monthly finance reviews, New Media (digital) opportunities and meetings with potential investors> Oversaw financial reporting and forecasting for company’s non-traditional revenue outlets: video-on-demand, iTunes and advertising sales with ION Network> Created and maintained 1,000 film library model (valued at $700M in 2008) and films in production model; integral pieces for IPO and used for budget, forecast, valuation, ultimate revenue and ultimate impairment analysis purposes> Played key role in June 2008 Initial Public Offering through financial reporting, strategic modeling and analyses for S-1, public company documents and bank valuation > Integral part of forbearance beginning December 2009, Chapter 11 filing December 2010 and emergence April 2011; oversaw weekly cash flow forecast; worked with department heads to obtain actual results and determine projections > Directed restructuring consulting team in determining 5-year plan, and revising film library and production models

Worldwide, Oo

> Determined fair market values of businesses and both tangible and intangible assets through building discounted cash flow models, formulating discount rates/WACC, performing industry research, analyzing market comparables, and benchmarking of financial projections including revenue and expenses in industries such as energy, real estate, healthcare and manufacturing > Effectively communicated ideas and proposals regarding asset and business values for goodwill and asset impairment testing, tax reporting and bankruptcy emergence through written memos, reports and one-on-one client discussions > Managed team in performing SFAS 141 (purchase price allocation), SFAS 142 (goodwill impairment) and SFAS 144 (long-lived asset impairment) analyses; reviewed financial modeling, lead client discussions and oversaw industry database tracking used for analyses > Led team in valuation of an $11 billion international power company for tax reporting purposes; valued power plants, coal contracts, emissions allowances, power purchase agreements and other unique agreements > Assessed value of 4,000 subscriber relationship accounts for tax reporting purposes of a leading healthcare company with over $2 billion in revenues, by performing a WACC analysis and applying an excess earnings valuation

Worldwide, Oo

> Analyzed and supported the $5 billion insurance claim for the value of the World Trade Center; performed calculations to determine expenses and lost revenues to ascertain lost rental value > Quantified lost advertising revenues for a $35 billion media company affected by events of September 11th > Assessed and valued the liability of a major insurance company when it failed to properly convert client investments > Appraised findings of contract irregularities between a leading pharmaceutical company and a subcontractor hired to address a specific market, which was alleged to have illegally penetrated the pharmaceutical company's client base

Authored weekly report on potential fraud in the spirits industry; performed interviews and reviewed and reported on internal documents of several large companies to determine potential embezzlement, money laundering and bribery

Bachelor Of Arts, Economics

Education record