Phil Bloom Email & Phone Number

United States, Marietta Ga

I currently manage the Q2 Solutions Global Project Finance department consisting of nine employees located in the United States, Europe and Asia. My team provides financial support and direction on complex global studies, ensuring project financials are properly monitored and managed in pursuit of maximizing project profitability and cash flow. I provide leadership and direction with project forecasting, profitability, backlog and pricing. I serve as a financial advisor to the Project Management leadership team. Additionally, I give financial support in customer contract negotiations, requests for information (RFI) and requests for proposals (RFP). I also provide staff leadership, mentoring and professional development.►Developed an automated Project Budget Management tool (using Power BI) providing instant access to critical financial information to the entire organization from Project Managers to Executive Leaders.►Key leader of a multi-functional revenue analysis team which recovered $20M in missed revenue in 2016 which significantly exceeded our $5M target.►Reduced Global DSO by 5 days by developing a Days Sales Outstanding (DSO) process giving leadership earlier visibility into issues as well as offering recommended solutions.►Represent Finance in customer negotiations to amicably resolve issues while minimizing company risk and exposure►Developed a proactive financial review process to resolve project issues earlier; reducing unrecognizable revenue by over 20% and providing a sight line for potential future budget overages for all key client projects.►Built Lab Project Finance Management team from a concept to a fully functioning global team.

United States, Marietta Ga

In this role, I managed the Finance, Accounting and FP&A teams consisting of twelve employees ensuring compliance with Generally Accepted Accounting Principles (GAAP) as well as corporate policies and procedures. I directed the month-end close and ensured deadlines were consistently met including accurate revenue recognition for over 1,000 concurrent projects. I was responsible for managing internal, external and customer audits for Quintiles Laboratories. I directed the annual revenue budget and quarterly forecast processes.►Reduced month end close from seven to five business days by realigning the team’s workload►Drove a 20% improvement in Employee Engagement results by aligning each individual team member’s key strengths and key job responsibilities►Oversaw the development and implementation of an automated accrual process which significantly improved accrual accuracy and reduced month end close timeline

United States, Marietta, Ga

I managed the North America Finance department consisting of eight employees responsible for billing and revenue recognition activities. Under my direction, this team consistently met corporate deadlines and ensured compliance with Sarbanes Oxley (SOX) and internal control requirements. I partnered with Project Services management to improve their team’s Finance and Accounting knowledge, which helped them to become more effective. ►Revised processes to reduce billing timelines resulting in a 3 day reduction in billing►Implemented new operating metrics driving improved forecasting of operating revenue►Provided Project Managers with a broader understanding of Finance and Accounting processes which improved overall budget management and financial forecasting

United States, Smyrna Ga

In this role, I was responsible for US Clinical Lab Project Finance team. I managed from five to seven Finance employees completing billing, accounts receivable, revenue recognition, backlog reporting and collections for the Central Laboratory in Atlanta. I played a critical role in the implementation of PeopleSoft Financials for the Global Central Laboratory. I also helped to implement Sarbanes Oxley (SOX) controls for the Global Laboratory. ►Enhanced backlog revenue processes to more effectively predict future revenue streams►Served as the project lead in the successful implementation of PeopleSoft Projects & Contracts and participated in the accounting conversion to PeopleSoft GL for the North American Lab►Drove system enhancements to automate invoicing processes, improving efficiency and accuracy

United States, Smyrna Ga

As a Sr. Financial Analyst, I developed and managed the annual budget and quarterly forecast processes for multiple business units. Projections were completed for income statement (P&L), balance sheet and capital expenditures. Additionally, I generated monthly and quarterly variance analysis, financial metrics and ad hoc financial reports for senior leadership and corporate finance.►Designed and implemented the Central Lab Hyperion/Excel based budgeting and forecasting system►Developed a financial projection model used for revenue forecasting and resource management

United States, Alpharetta Ga

I was responsible for budget development and financial modeling for new construction projects and debt financing. I reviewed financials for 53 US facilities including sales analysis, P&L analysis and reporting for senior leadership. I also reviewed and resolved monthly P&L discrepancies for all facilities.►Developed prototype for the Malibu Speed Zone theme parks including financial models and pro-forma financial statements used to obtain debt financing►Developed budget model used to complete annual budgets by the organization

Greater Atlanta Area

At Air Courier Dispatch, I managed the division’s accounting department that completed month end close, billing, accounts payable, accounts receivable, and payroll activities. I also performed divisional financial analysis including budgeting and variance analysis.►Developed, coordinated, and managed the Air Division’s $15 million annual budget►Oversaw implementation of new automated on-call package tracking system for Air Courier division

Greater Atlanta Area

At Wachovia, I managed the Commercial Accounts Receivable department. I was the primary financial systems analyst responsible for the Accounts Receivable system maintenance, enhancements, and problem management.►Managed the consolidation of multiple Accounts Receivable departments into one in Atlanta, Georgia►Key member of the Accounts Receivable user acceptance testing (UAT) and installation project team

Bachelor Of Business Administration (B.B.A.), Accounting And Finance

Education record