Patrick Bailey Email & Phone Number

Orem, Utah, Us

Developed the financial reporting and accounting functions within the company. Managed banking and other vendor relationships and outside partnerships. Created policies and procedures for the finance and HR departments. Reviewed all legal contracts and provided strategic analysis of business opportunities. Developed annual operating plan, and associated short-term forecasts, establishing performance benchmarks and success factors critical to plan achievement. Evaluated effectiveness of marketing programs, initial pricing and promotional discounting. Responsible for the development of growth planning, including pricing, competitive analysis and market development.

Oversee all aspects of the Finance and Accounting functions within the company and related subsidiary companies, including subsidiary companies in Japan, Hong Kong, and China. Developed the global financial reporting process for all results and for Key Operating Indicators. Implemented conversion to GAAP accounting for Hong Kong and China subsidiaries. Negotiated and oversaw the raising of debt and equity investments in the company from external investment firms. Represented the company to outside investors and managed the ongoing relationships and reporting responsibilities with external investors and corporate banking partners. Engaged and managed the relationship with external auditors in the US and Hong Kong. Managed the implementation of a significant corporate restructuring, including the move of operations and the corporate offices from New Jersey to Salt Lake City, UT. Worked with external tax experts to create a more tax-efficient international corporate structure. Started new corporate entities in Hong Kong, China, Japan, and the United States.

Austin, Texas, Us

Head of finance for the $1.6 billion USD Consumer Electronics Division. Manage the finances for the division globally and oversee finance for factories and design centers in Europe, United States, Mexico, China, Hong Kong, Japan, Singapore, and Malaysia. Oversaw the opening and closing of several sites in Asia, Europe, and the Americas. Manage all aspects of the finances for the division, including periodic forecasting and reporting, budgeting, cash flow management, net working capital management, capital expenditure planning, review of new contracts, designing business flows, managing inventory, reviewing tax decisions, and providing strategic analysis of operating results and potential opportunities for growth and cost savings. Create financial models, perform due diligence, and provide detailed analysis for all divisional acquisition targets. Prepare acquisition materials and present opportunities to the firm’s Acquisition Committee for approval. Participate in negotiations with target acquisitions and their advisors. Work internally to integrate the operations, finances, and systems of acquired companies into Flextronics.

Washington, Dc, Us

Reviewed the internal controls and risk management of market, credit and accounting risk for financial institutions. Dealt with complex accounting issues, sophisticated systems, and the analysis of the financial risk of new and complex financial instruments, many of which entail off-balance sheet market, and credit risk. Interviewed members of senior management, analyzed firm written procedures and tested the registrant’s books and records. Reviewed anti-money laundering and proprietary trading practices of registered broker-dealers. Provided advice and answered questions from two delegations of the China Securities Regulatory Commission (CSRC) and the Shanghai Stock Exchange.

Istanbul, Tr

Created new financial models for New Business Development projects. Performed and delivered in-depth strategic analysis for co-branded stored value MasterCard product. Designed new pricing models and pricing strategies. Designed metrics to analyze revenue generation. Worked with senior management to create new business plan for point of sale activation product. New business model resulted in a 5-fold increase in gross margin. Created models to quantify the business plan. Developed and conducted a detailed competitive analysis and market survey. Presented recommendations to senior executive team. Recommendations accepted and implemented by executive team.

Salt Lake City, Ut, Us

Managed operations in five different offices in Asia and Australia, including Hong Kong, Singapore, Malaysia, and China. Trained new international employees. Created overseas reporting structure. Created financial models to forecast future operations budgets and allocate resources. Financial models were used to create new corporate pricing structures. Participated on a cross-functional team that developed new internal accounting procedures. Developed project planning materials and processes that reduced administrative time by 50%. Served as a liaison with engineering department to further reduce administrative time by creating web-based platform for operations reports and other materials. Developed and implemented corporate-wide financial tracking process for new installation projects. Resulted in average internal cost savings of 30% per installation project.

Initiated aggressive sales and marketing strategy that resulted in 50% increase in on-ship-revenue from concessions, gifts and other sales. Researched and introduced new products and services to increase on-ship-revenue. Managed Chinese hotel and tour staff. Provided translation services. Developed internship program with U.S. universities to supply professionally-trained prospective employees. Managed the training of interns and new employees.

Mba, Finance

Ba, Chinese