Phil Bloom

Phil Bloom Email and Phone Number

Financial leader at Q2Solutions experienced in Accounting, Finance, Management, Analysis, Reporting, Process Improvement @ Q² Solutions
2400 Ellis Rd, Durham,North Carolina 27703,United States
Phil Bloom's Location
Atlanta Metropolitan Area, United States
Phil Bloom's Contact Details

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About Phil Bloom

I am a finance professional with 20+ years’ experience in the Healthcare, Pharmaceutical, Banking, Transportation and Entertainment industries. I have a strong management background leading highly engaged accounting & financial teams. Experienced in Finance, Accounting, Financial Planning & Analysis (FP&A), Strategic Planning, Reporting, Financial Systems, Sarbanes-Oxley (SOX), Team Management and Process Improvement.Proven track record implementing process improvements:►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 which significantly exceeded our original target of $5M.►Created Days Sales Outstanding (DSO) process to reduce Global DSO by 5 days.►Drove Employee Engagement up 20% by aligning team member’s strengths and responsibilities.►Revised month-end processes reducing timelines for billing by 3 days and the accounting close by 2 days.Management & Leadership:Manage & mentor highly effective teams performing budgeting, financial analysis, accounting, analytics, billing & receivables.Financial Analysis & Budgeting:Produce solid financial projections, analysis, metrics & financial information to drive the business. Prepare financial presentations for business leaders & customers.Business Partner:Build strong relationships with finance & operational partners to support key priorities & objectives. Help stakeholders align on priorities & drive effective solutions.Accounting & Controls:Manage the close process, ensuring compliance with Generally Accepted Accounting Principles (GAAP) as well as SOX compliance, reporting & financial audits.Systems & Software:Lead system conversions. Experience with PeopleSoft Financials, Hyperion, HFM, Power BI, Excel, PowerPoint, Outlook & Word.

Phil Bloom's Current Company Details
Q² Solutions

Q² Solutions

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Financial leader at Q2Solutions experienced in Accounting, Finance, Management, Analysis, Reporting, Process Improvement
2400 Ellis Rd, Durham,North Carolina 27703,United States
Employees:
1480
Phil Bloom Work Experience Details
  • Q² Solutions
    Assoc. Financial Director, Global Finance ► Management | Financial Analysis | Reporting | Fp&A
    Q² Solutions Jul 2015 - Present
    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.
  • Quintiles Laboratories
    Assoc. Financial Director/Controller, Us Clinical Lab ► Accounting | Reporting | Audit | Management
    Quintiles Laboratories May 2012 - Jun 2015
    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
  • Quintiles Laboratories
    Assoc. Financial Director, Us Clinical Lab ► Billing | Revenue | Sarbanes Oxley | Internal Control
    Quintiles Laboratories Oct 2007 - May 2012
    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
  • Quintiles Laboratories
    Finance Manager, Us Clinical Lab ► Billing | Revenue | Backlog | Collections | Sox | Peoplesoft
    Quintiles Laboratories Mar 2000 - Oct 2007
    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
  • Quintiles Laboratories
    Senior Financial Analyst, Central Lab ► Budgeting | Forecasting | Capital Budgeting | Reporting
    Quintiles Laboratories Oct 1997 - Mar 2000
    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
  • Malibu Entertainment Worldwide
    Corporate Financial Analyst, Us Corporate ► Budget | Financial Modeling | P&L Analysis | Reporting
    Malibu Entertainment Worldwide Mar 1996 - Oct 1997
    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
  • Air Courier Dispatch / United Trannet / Corporate Express
    Division Controller, Air Courier ► Accounting | Close | Billing | Accounts Payable | Systems (It)
    Air Courier Dispatch / United Trannet / Corporate Express Nov 1993 - Mar 1996
    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
  • Wachovia Bank Of Georgia
    Accounts Receivable Manager, Financial Operations ► Accounts Receivable | Systems Analyst | Uat
    Wachovia Bank Of Georgia Jun 1990 - Nov 1993
    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

Phil Bloom Skills

Finance Financial Analysis Forecasting Financial Reporting Revenue Recognition Hyperion Hfm Revenue Analysis People Management Peoplesoft Sarbanes Oxley Act Accounting Pharmaceutical Industry Healthcare Hyperion Business Process Improvement Generally Accepted Accounting Principles Analytical Skills Cross Functional Team Leadership Budget Process Analytics Peoplesoft Financial Project Finance Managerial Finance Project Planning Financial Accounting Team Leadership People Development Team Building Team Management Team Motivation Interviewing Skills Candidate Selection International Management Global Management International Business Clinical Trials Global Drug Development Organization Skills Time Management Management Leadership Strategic Planning Budgeting Microsoft Excel Accounts Receivable Accounts Payable

Phil Bloom Education Details

Frequently Asked Questions about Phil Bloom

What company does Phil Bloom work for?

Phil Bloom works for Q² Solutions

What is Phil Bloom's role at the current company?

Phil Bloom's current role is Financial leader at Q2Solutions experienced in Accounting, Finance, Management, Analysis, Reporting, Process Improvement.

What is Phil Bloom's email address?

Phil Bloom's email address is ph****@****les.com

What is Phil Bloom's direct phone number?

Phil Bloom's direct phone number is (855) 277*****

What schools did Phil Bloom attend?

Phil Bloom attended Kennesaw State University - Michael J. Coles College Of Business, Walton High School, Marietta Ga.

What are some of Phil Bloom's interests?

Phil Bloom has interest in Children, Education, Disaster And Humanitarian Relief.

What skills is Phil Bloom known for?

Phil Bloom has skills like Finance, Financial Analysis, Forecasting, Financial Reporting, Revenue Recognition, Hyperion Hfm, Revenue Analysis, People Management, Peoplesoft, Sarbanes Oxley Act, Accounting, Pharmaceutical Industry.

Who are Phil Bloom's colleagues?

Phil Bloom's colleagues are Adrianne Kombou, Henry Cheng, Danielle Kurkowski, Victoria Magliulo, Suzanne Bowes, Christopher Binns, Louise Ronald.

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