Matthew Ray Email & Phone Number

New York, Ny, Us

Us

As WebMD continues to grow through acquisitions and innovation my current role has expanded as lead liaison for integrating financial systems and financial data into the parent corporate infrastructure; while keeping complex monthly financial operations on track with tight deadlines. Key highlights:• Directed integration of fifteen corporate acquisitions representing $200 million in annual revenue, promoting operational consistency for acquired companies with up to 200 staff.• Managed comprehensive integration of operational systems including Salesforce CRM, accounting software, general ledger, internal revenue platform and billing technologies.• Managed month end FP&A and Revenue closing processes, consolidating a high volume of complex financial data for submission to parent company.

Us

WebMD is an industry-leading platform providing healthcare information and resources which was recently acquired for $2.8 billion. In my role as Director of Finance, I oversaw key aspects of operations, interfacing with business intelligence team to optimize data management and reporting functions while ensuring accuracy and transparency of deliverables.Key highlights:• Promoted consistency and integrity of finance operations across sales, revenue, expense and accounting functions during period of peak growth, with revenue increasing from $300 million to over $750 million during tenure.• Directed all aspects of corporate reporting and business intelligence initiatives, contributing to consolidation of four separate entities into comprehensive corporate systems and reporting framework.• Worked closely with senior executives across all company segments to assess needs, reporting to Chief Financial Officer.• Oversaw team of six, promoting optimal integration of complex data structures.

Us

In my earlier role as Senior Finance & Analytics Manager, I oversaw a $1 million budget to introduce streamlined and expedited processes for entire 80-member finance division. Key highlights:• Directed development of comprehensive forecasting models, tracking product revenue and compensation expenditures while reporting to Vice President of Finance.• Developed integrated infrastructure between finance and business intelligence divisions, automating key aspects of revenue and expense forecasts, actuals and reconciliations which reduced closing requirements by 300%.• Initiated expanded reporting capabilities, enabling senior management to compare projections with historical metrics and distributing key indicators across multiple business segments.• Created financial forecasts and budgeting tools to track and analyze over $400 million in expenditures.• Analyzed accounts, vendors and pipeline data, streamlining insights to optimize resource allocation strategies.Managed Business Intelligence team, ensuring accuracy of company data, reports, statements and revenue forecasts.

Us

As a Senior Staff Accountant/Accountant III, I managed implementation of automated revenue and sales reporting processes which led to 15% increase in accounts receivable, representing $6 million in increased collections over initial three-month period. Key highlights:• Analyzed performance of brand generating more than $400 million in annual sales, tracking performance by sales representative and triggering renewal alerts.• Served as integration lead throughout multiple commercial acquisitions, analyzing performance and projections.• Improved departmental access to aging reports, increasing internal efficiency for team of 12 financial services staff.• Assigned projects for CEO, CFO and SVP, highlighting process improvements and prioritizing key initiatives.

Medsite is a healthcare information company generating more than $20 million in annual revenue, providing comprehensive solutions spanning medical communication and ecommerce services. In my role as an Accounting Operations Manager, I oversaw all aspects of financial processes on behalf of healthcare information company generating more than $20 million in annual revenue.Key highlights:• Processed more than $2 million in AR/AP transactions each month, successfully increasing efficiency of invoicing processes by over 10% during tenure.• Managed payroll administration for over 100 employees across multiple locations, administering annual budget of more than $5 million while ensuring adherence to state and federal regulations. • Streamlined reconciliation processes, promoting consistency of data which led to company acquisition for $40 million.

In my earlier role as a Staff Accountant, I performed account reconciliation for more than 30 external vendors, representing $15 million in yearly transactions.Key highlights:• Worked closely with VP of Finance to institute accounting processes which led to increased control of costs and revenue.• Successfully identified and addressed invoicing issues which led to more than $100,000 in company savings.• Contributed to implementation of internal tracking system which led to 100% COGS accuracy company-wide.