Noel Orraca Email & Phone Number

Kissimmee, Florida, United States

Oversees and directs financial analysis functions to include the formulation and presentation of Rate Tariffs, Cost of Service Studies, Annual Budget, Cost of Power Adjustment, and long-term financial forecasts for controlling funds to implement program objectives established by management. Manage a team of analysts that support the function.

Orlando, Florida Area

Managed the analytic and performance monitoring strategy of the loan portfolio. Created, implemented, and improved the frameworks and reporting to predict, manage, and evaluate the performance of the portfolio in order to optimize the effectiveness of the Loss Mitigation team.

Orlando, Florida Area

Initially recruited to improve the reporting capabilities of the Loan Department as a Reporting Manager, quickly progressed in rank and responsibility to oversee the forecast and budget functions of the Loan Portfolio, recommend and implement a new loan servicing system, create and implement an industry leading static pool default model, and create and lead a newly formed Investor Reporting team. Led up to 20 resources with full P&L accountability for $2.2B mortgage receivable portfolio.FINANCIAL: single-handedly developed the annual budget and monthly forecast for the $2.2B loan portfolio. Also, calculated and provided all portfolio cash flow forecast data, used by FP&A and Treasury in the company’s cash flow forecast. FORECASTING MODEL: created HGV’s first forecast model for the loan portfolio, which became the primary source of information for forecasting and budgeting all the profit and expense components related to mortgage loans. STATIC POOL MODELING: created and implemented the company’s first, industry leading, static pool model for defaults, which allowed for the accurate calculation of the allowance for doubtful account related to the loan portfolio and bad debt expense.DEBT SERVICING MODELING: created financial modeling templates for debt instruments related to the loan portfolio, such as conduit lines and asset-backed securities (“ABS”). The information from the model was used for forecasting and budgeting purposes.INVESTOR REPORTING: lead the development of the Investor Reporting team to handle the reporting needs from new formed reporting entities from Fee for Service and HGV’s debt instruments.CAPITAL RAISING: played a significant role in identifying the eligible collateral for 6 ABS deals and managed preliminary work with banks and investors in determining optimal size of each ABS deal and still leave enough quality collateral for future substitutions.

Orlando, Florida Area

Orlando, Florida Area

Orlando, Florida Area

Managed the financial reporting and forecasting functions for the operating segment of the Destination Disney initiative and the Participant Reporting department.FORECASTING : Developed the Annual Operating Plan (over $71 million) for Destination Disney (multi year project) and created the tools to collect data from SAP for forecasting purposes. Developed the first AOP ever created by the Participant Reporting department for over 200 Participant locations across WDW. Created a standard format, methodology and set of assumptions used in the calculation of budgeted amounts, resulting in an accuracy improvement of 15%. Managed the restructuring of the participant’s sales and receivables process away from park/hotel business offices to a centralized structure.TRACKING : Managed the sales and receivable function for WDW Participants across property (over 200 locations), including the calculation and collection of rents, and the payment of Participant funds collected through the WDW POS system. Improved the tracking of travel commissions for internet partners (e.g. Orbitz), by creating a database that tracks sales and commissions due.

Tampa/St. Petersburg, Florida Area

Provided strategic financial analysis and planning support for Spanish startup venture of HSN. FINANCIAL ANALYSIS & FORECASTING: Assisted with the preparation of the first comprehensive annual budget of the venture. Several budget versions were prepared based on a variety of long-term strategic goals and scenarios. Assisted in the development of a financial forecast for the second half of year 2001. Prepared monthly forecasts based on actual performance beginning in 2002. Assisted with the long term strategic plan team. BENCHMARKING: Developed benchmarks for tracking sales performance by TV signal outlet and provided variance analysis against those metrics. Analyzed growth opportunities across the United States and Mexico for financial feasibility..CASH MANAGEMENT: Developed cash management policies and procedures for our Mexican subsidiary. Troubleshot inefficiencies and problems in our Mexican operations, specifically in the areas of banking, payroll and accounting.

San Francisco Bay Area

Key member on a variety of system implementations that allowed the company to become Y2K compliant. SAP IMPLEMENTATION: Charged with the development testing protocols for the Accounts Payable and Fixed Assets areas which provided those departments with test scenarios and timelines. Performed troubleshooting of the fixed assets data conversion into SAP. Assisted in the development of training materials and user manuals, and taught several of the training classes.SALES/USE TAX: Reduced the company’s exposure to penalties from use/sales tax audits performed by various governmental agencies by deconsolidating the company’s reporting structure. Selected and purchased a new sales/use tax reporting system that helped automate the sales/use tax reporting process. Supervised the sales/use tax process during the transitional period.

Pasadena, California

Increased level of responsibilities, including financial reporting and analysis, restructuring of GL Accounts, SEC reporting, general ledger account reconciliations, and overall supervision of several Accounting functions.FINANCIAL REPORTING: credited for developing a robust monthly financial reporting package that provided management with in-depth visibility and operational performance insight into the financial health of the bank and its branches. Created a report library in new GL system that facilitated monthly reporting. Created company’s first SEC reports (10K and 10Q) after going public. PROFITABILITY: Increased the executive management’s view of profitability by creating the company’s first product profitability model based on concepts borrowed from cost accounting. The model illustrated which company products (checking, savings, CD’s) were the most profitable to the company. Analyzed the company’s financial data and performed variance analysis on income statement accounts on a monthly basis. Prepared profitability analyses at the entity and cost center levels SYSTEM ADMINISTRATION: Implemented new General Ledger system by serving as project manager. Created system conversion plan, and successfully executed implementation on a timely basis. Served as system administrator and troubleshooting lead after conversion. GENERAL LEDGER: Performed and/or supervised the monthly and year-end closing procedures related to the reconciliation of general ledger accounts, calculation and posting of month-end accruals, closing of supporting subsystems, and the closing of the general ledger system at month- and year-end.STAFF RESOURCES: Improved staff performance through training and resource allocation. Created cross training program to avoid complacency and to create proper backup structure. Supervised up to 20 staff members in G/L, Accounts Payable and Fixed Asset functions.

Greater Los Angeles Area

Promoted to lead field auditor after one year, which included planning of financial audits, including staffing and budgeting. FIELDWORK: Identified and tested critical audit areas in a wide variety of clients. Reported audit concerns and prepared management letters at the end of engagements detailing audit findings and recommendations. SUPERVISION : Allocated staff resources based on skill set and experience.

Bs, Business Administration And Management, General

Activities and Societies: Beta Alpha Psi, Accounting Society, Latino Business Student Association

Macc, Accounting

Activities and Societies: Beta Alpha Psi, Accounting Society, Latino Business Student Association