Mike Cieslinski Email & Phone Number

Mooresville, NC, US

US

• Perform month end closing process to include journal entries and detailed reconciliation of balance sheet accounts in SAP ERP.
• Forecast monthly expense and work cross-functionally with business partners on Wholesale Performance Programs with $175m in spend.
• Validate and confirm accuracy of system generated quarterly payments 500 direct accounts.
• Forecast $600m in annual spend for direct accounts discount program. Administered a change in methodology from % of list sales to a per carton basis.
• Forecast $200m wholesale discount program as a pass through to retail customers.
• Analyze the effectiveness of Wholesale Performance Programs across product lines. Design and create alternative methodology to incentivize Direct accounts to maintain and partner with Retail accounts to minimize out of.

US

• Adjusted and maintain process to validate $500m in discounting spend and $100m in wholesale partners program
• Analyze the Business Continuity plans across the organization

US

• Designed a desk audit process of wholesale accounts that substantiated the elimination of on-site visits and significant reduction of staff while maintaining efficiency and effectiveness.
• Implemented a national pricing survey to provide analysis of wholesale and retail margins.

US

• Developed a credit-scoring module to assess and rate the financial condition of wholesale partners, as well as key and single source suppliers.
• Created forecasting methodology that link operating results and future estimates to support future cash flows and accounts receivable balances.

US

• Develop annual budgets for National Sales team of $8 billion corporation servicing 180,000 accounts and 1,800 in-field reps.
• Analyze financial data to provide insights and direction on market shift, financial trends and opportunities.
• Provide financial information to support continued growth within existing client base as well as for development of new accounts.
• Project impact of merchandising initiatives including trade allowances and budgets.
• Manage projects across regions aligning to corporate initiatives and financial projections.

US

• Project management on audit engagements to streamline and refine departmental assessment methodology ensuring consistency across all audit assessments for $8 billion Corporation.
• Enhance Sarbanes-Oxley (SOX) audit templates to provide standardization and structure that reflect current best practices while maximizing productivity.
• Assist in development of the forensic auditing program utilizing ACL software for the continuous monitoring of high-risk fraud areas.
• Complete annual audit plan and special projects.

• Responsible for management of all financial operations as well as leadership and direction of the financial teams for multi-location Clear Channel Entertainment venues.
• Maximized direct report skill utilization and increase efficiencies through department restructuring creating a challenging environment, fostering high performance and continuous improvement.
• Transitioned reporting requirements from the local office to regional and national levels in order to streamline communication and increase efficiencies.
• Reviewed weekly, monthly and annual forecasting modules for venues to ensure financial integrity.
• Reviewed monthly operating results and balance sheet positions for the respective region.