Manager, Business Operations & Finance
Los Angeles, Ca, Us
ACCOUNTING: Full Accounting responsibilities for a 5MM/year organization. Managed general ledger, P&L, Balance Sheet and Statement of Cash Flows. Responsible for budget analysis, ROI analysis, implementing cost reduction strategies, analyzing progress, adjusting for improvement, and documenting and reporting results. Monitored gross profit margins. Oversaw receivables and payables.•Improved accounting methodology. Increased visibility into projects requiring approval or cancelation. •Improved cash flow reports. Allowed for faster, better and more informed decisions in terms of payables and receivables managementFINANCE: Prepared and interpreted financial reports including ROI per project, PL comparison, and PL projection for board meeting presentations. Worked diligently with sales team to prepare sales forecasts. Thorough understanding of NPV, IRR concepts and calculations, CAPM, ROI and discounted free cash flow valuation for financial analysis. Strong problem solving and qualitative skills. Performed green-light analysis on development projects and financing options with sensitivity analysis, IRR analysis, and discount cash flow method.•Originated cash for operations by improving credit line terms with the lending institutions.•Developed green light process for project approval and financing that resulted in a net gain on all future projects. OPERATIONS: Managed manufacturing processes and logistics on all company’s projects. Implemented cost reduction strategies to improve profitability. Control inventory levels and set up replenishment timing based on sales forecast. Negotiated with vendors and executed contracts for multiple clients. •Reduced manufacturing cost by more than 45% by negotiating better terms with printers and replicators.•Successfully met all deadlines by shipping products into the retail channel on time and on budget.