Sharon Wysocki Email & Phone Number

Valhalla, Ny

Coordinates financial management for the IT organization. Leads the development and implementation of financial services for IT planning and control. Analyzes and prepares IT budget and develops proposals with supporting documentation and justification. Drives common budgeting practices and consistent reporting. Ensures the compliance with internal policies and procedures.

Briarcliff Manor, Ny

Provided consultant services surrounding monthly analysis for three USI regions, recreating and enhancing management reports from newly installed SAP system and perform validity checks of financial data to ensure system integrity.Actively involved in providing financial reports for quarterly board deck presentation. Included enhancing the finance deck to be used in all future board deck presentations which eliminated most manual input and thus reducing potential errors.

Responsible for consolidating reporting on a monthly and quarterly basis for the Food & Entertaining affinity, a $292MM division within RDA. Manage monthly close process by meeting with Accounting and Business Managers and ensuring all appropriate entries are recorded. Report Affinity monthly activity versus Budget/Estimate and provide commentary to the Affinity CFO. Further prepare close call deck with highlights and commentary. Partner with Corporate Finance to identify key quarterly deadlines for Budget and latest Estimates. Establish internal deadlines for Affinity team and prepare and distribute process calendar. Pro-actively work with Business Managers to ensure requirements are clear and deadlines are met.Work closely with Financial Consolidation group to ensure new Essbase reporting structure is accurately reflected between corporate financial systems. Identify discrepancies and determine whether differences are structural or accounting related. Perform periodical testing to ensure system accuracy.Review and analyze direct and corporate overhead allocations within Food & Entertaining Affinity. Process includes assessing reasonableness across affinity, review allocation methodology and challenge assumptions used when necessary.

Managed global and domestic audits and reported results and recommendations to senior Management interacting will all levels of Reader's Digest subsidiaries. Strong interpersonal communications contributed in successfully resolving issues across all functions of Reader's Digest. Evaluated business unit's adequacy and effectiveness as it pertains to Sarbanes-Oxley 404. Documented results and presented findings with recommendations to various levels of management. Drafted the audit issues and opportunities report for distribution to Senior Management and Audit Committee. Reviewed U.S. company's MRO vendor spend and identified several opportunities including consolidating common suppliers thereby capitalizing on economies of scale and quality of service, and reducing number of invoices processed resulting in overall cost reduction.Audited Company's outsourced vendor for employee defined contribution benefit plans and identified issue with vendor's call center tracking system. Further recommendations included adding key performance measurements to enable RD management to better track performance with the vendor.Realigned financial reporting databases to reflect new corporate reporting structure. Performed variance analysis to ensure new reporting structure was accurate and restated financials for previous three fiscal years.Revised annual code of conduct questionnaire to reflect company's revised ethics policy and administered globally. Enhanced reporting database to capture results more effectively reducing time spent compiling results for the Audit Committee.

Responsible for preparing financial budgets, estimates and strategic plans for the Entertainment and Home/Health Divisions, an $80MM business. Reconciled monthly results and reforecast divisions rolling estimate. During tenure in Finance, was promoted for individual contributor (Analyst) to Business Manager leading a team of three. Areas of responsibility included: Worked with outside consultant in the development and implementation of new forecasting system for U.S. Single Sales division. Demonstrated new system to International counterparts. Brainstormed with vendor to improve various aspects of the system. Accomplishments include enhanced reporting, a more efficient process of updating estimate assumptions and a more streamlined process of tying out revenue to the general ledger. Coordinated efforts with Marketing to produce annual budget and quarterly year-end estimates. Provided results to Marketing and U.S. Finance for corporate reporting purposes meeting all internal deadlines.Managed three Financial Analysts, initiate training for new analysts and provide ongoing support of financial forecasting system for entire staff, which increased efficiency and troubleshooting abilities among users.Oversaw phase two of the migration of current statistics system to new Essbase system. Facilitate sponsor team meetings more effectively by creating new meeting format to better meet discussion needs. Performed extensive testing of initial rollout and made recommendations for further efficiencies. Created a more systematic process to assess the financial liability as it relates to vendor royalty guarantee risk. Result created a more efficient process across functional departments.

A $150MM direct marketer of education and entertainment products for child and adult audiences.; Consolidated the financial reporting of Newfield and Atlas Editions on the new forecasting system after the sale of Newfield to Atlas. Maintained these systems and continued to investigate new methods of forecasting to better meet the needs of Senior Management. Developed strategic, operating plans and quarterly comprehensive forecasts for a portfolio of products in conjunction with Marketing and Manufacturing personnel. Prepared lifetime and fiscal results and presented these results to management on a timely basis. Analyzed weekly and monthly activity for company product lines and identified and explained significant variances. The monthly President's Letter to the Chairman of the Board incorporated these explanations. Prepared campaign profitability analyses and made recommendations based on the assumptions used.SkillsAdvanced Excel, Hyperion Essbase, Oracle General Ledger, Oracle Discoverer, Microsoft Word, Auto Audit

Bachelor Of Science

Associates Of Science