Nick Alter | Mba | Cma | Finance | Email & Phone Number

Denton, Tx

A temporary (Contract) position with a small, entrepreneurial company with operations throughout Texas. The need was for Finance and Accounting assistance which I was able to provide. In particular, the creation of this company's first comprehensive Budget, based on key drivers and including scenario modeling, break-even analysis, and integrated financial statements.

North Dallas Area

Purchased a poorly performing company with negative financial cash flow and turned it into a profitable operation. This financial transformation was accomplished by making changes to personnel, compensation, expenses, advertising, inventory management, lease terms, pricing, and customer service. Sold the company in 2012.

Dfw Airport

Primary responsibility was to provide Finance support to several functions / departments, including Sales, Marketing, Internet Operations, and Internet Client Support. Regular duties included: Evaluating proposals for market expansions and presenting finance recommendations to executive management; Generating monthly financial reports for new and existing product lines; Preparing monthly Finance performance reports for each function, including budget variance analyses; and preparing “SOX”… Show more Primary responsibility was to provide Finance support to several functions / departments, including Sales, Marketing, Internet Operations, and Internet Client Support. Regular duties included: Evaluating proposals for market expansions and presenting finance recommendations to executive management; Generating monthly financial reports for new and existing product lines; Preparing monthly Finance performance reports for each function, including budget variance analyses; and preparing “SOX” audit documentation for Internet Operations Department.- Generated $1,400,000 of cash flow for $250,000,000 sales division through financial valuation and profitability analysis of recent market initiatives - Member of Finance team that reduced expenses by $35,000,000 and CAPEX reduction of more than $20,000,000 Show less

Overall responsibility to identify attractive acquisition candidates in growing telecom markets worldwide. Also responsible to oversee Verizon’s existing portfolio of foreign assets, and to ensure that strategic investments undertaken by the foreign affiliates are vetted and approved.- Led strategic and financial valuations of foreign acquisition candidates (over $3,000,000,000) - Provided periodic financial valuations of Verizon’s international affiliates - Evaluated… Show more Overall responsibility to identify attractive acquisition candidates in growing telecom markets worldwide. Also responsible to oversee Verizon’s existing portfolio of foreign assets, and to ensure that strategic investments undertaken by the foreign affiliates are vetted and approved.- Led strategic and financial valuations of foreign acquisition candidates (over $3,000,000,000) - Provided periodic financial valuations of Verizon’s international affiliates - Evaluated strategic investments of over $440,000,000 that were proposed by Verizon’s foreign affiliates; and presented Finance’s recommendations to executive management. Proposed investments included upgrades/expansions of wireless and broadband networks. - Participated in development of Verizon’s International Strategy - Represented Verizon in pre-purchase negotiations with acquisition targets in Puerto Rico, the Dominican Republic and Mexico Show less

Overall responsibility was to participate in team development of GTE’s National Operations Strategic Plan. After the merger between Bell Atlantic and GTE was announced (in mid-1998, creating Verizon), the Strategic Planning team members participated in various merger teams.- Supported the development of Consumer Broadband Strategy through market analysis and financial modeling of alternative broadband scenarios (market growth, competition, technology evolution, etc.)

- Immediately upon assignment to Marketing, identified and solved a chronic problem regarding service provision to our largest industrial customers. The solution resulted in additional annual cash flow of over $1,000,000 and improvement in customer relations. - Working with the VP Marketing and with IT support, developed customer information databases for various retail and wholesale customer segments, and created customer segment marketing plans

- Appointed by CEO to lead strategic planning efforts that enabled senior management agreement on key investment strategies. This effort employed a cross-functional executive team and financial modeling of the national wholesale electricity market under various scenarios of competition, regulation, and system constraints. Immediately upon completion, the project impacted the company’s strategies and financial planning.- Collaborated with the Budgeting Department to design and implement a… Show more - Appointed by CEO to lead strategic planning efforts that enabled senior management agreement on key investment strategies. This effort employed a cross-functional executive team and financial modeling of the national wholesale electricity market under various scenarios of competition, regulation, and system constraints. Immediately upon completion, the project impacted the company’s strategies and financial planning.- Collaborated with the Budgeting Department to design and implement a streamlined Planning/Budget cycle. Resulted in a 50%+ reduction of the “annual” Planning and Budgeting calendar.- At CEO’s direction, took over administration of the company’s R&D efforts, to ensure projects were appropriately prioritized and consistent with strategic objectives. Reduced the annual research budget by over $6,000,00001-27-2014 Show less