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An experienced management consultant and senior executive, with a proven track record of delivering tailored financial systems and business intelligence applications. A hands-on director, who enables organizations to understand their data, identify areas for re-engineering, and implement technology-based solutions that enhance efficiencies, insights, and controls. Specialized in working with the business to define use cases and requirements, converting those into techno-functional designs, and delivering successful solutions by facilitating effective collaboration between business and IT stakeholders.
Client: Startup Telecommunications Provider Operating 20 States
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Techno Functional ConsultantClient: Startup Telecommunications Provider Operating 20 States May 2023 - PresentCharlotte, North Carolina, United StatesResponsible for the data migration and bill-to-bill analysis for an effort to establish a new billing and financial services application while transitioning off legacy company applications.
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Techno Functional Design ConsultantClient: Leading Us Cable Telecommunications Provider Nov 2018 - Apr 2023St Louis, Missouri, United StatesResponsible for the functional architecture, data model, design specifications, and delivery of multiple critical revenue system programs. Directed build of revenue applications for the client’s cable and mobile businesses, enabling customer level analytics via a modernized the technology stack, while supporting transition to SAP with a change in financial code block. Drove on-time implementation for a series of application builds despite a complex landscape delivering ~100 user interface screens and >50 external system interfaces. Analyzed client’s vast datasets (450M/mo. transactions across >150 attributes), performed data gap analysis versus functional specifications, and ultimately led gap remediation efforts required to fulfill financial compliance requirements and enhance management reporting capabilities. Conducted series of workshops with the business to drive detailed requirements; ultimately producing techno functional design specifications including data models, data flow diagrams, process models, and detailed data transformation rules. Enabled client adoption of application by developing a series of impact assessment models, providing keen ad hoc insights into the client’s data, and providing subject matter expertise to a client new to customer contract level accounting and analysis.
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Senior ManagerVerizon 2015 - Sep 2018Alpharetta, GaResponsible for the functional design and integration of a third-party revenue recognition engine atVerizon for the new FASB standard, ASC606 Contract with Customers.Led team of management consultants in build out of functional design; delivering 75+ core functionalspecifications spanning Verizon’s ~130M contracts and 50+ use cases across the Wireless and Wirelinebusiness units. Designed the end-to-end solution, including upstream billing and contract systemsenhancements, the revenue recognition application, and the downstream reporting integration.Following change in program direction, envisioned, architected and designed Verizon’s homegrownrevenue recognition application, which manages $1.2B+ in contract balances. Led cross-functional teamof developers, accountants, and analysts through end-to-end software lifecycle. Delivered each phase on time, while enabling a lightweight yet robust and audited solution. -
Manager, Revenue Systems – Data Integration And AnalyticsVerizon Aug 2011 - Sep 2018Greater Atlanta AreaLed all facets of the data integration effort to incorporate Verizon Telecom billed revenue into theenterprise data warehouse. Integrated the revenue for 19M customers, representing $2.9B per month,into the data warehouse and business intelligence platform.Sponsored and led implementation of a consolidated, customer level analytic layer. Resolved businessissues resulting from fragmented customer level information, accelerating data availability by 15 days,eliminating conflicting results and boosting analyst productivity.Delivered insights to the business via ad hoc analysis across large datasets in a data warehouseenvironment. Leveraged SQL skills, sandbox methodologies, and understanding of data models todeliver valuable answers not available in pre-built reporting. Managed team of business analysts.Developed and managed the business intelligence environment for Verizon Wireline revenues serving1,000+ analysts. Led initial build-out of the analytics platform and content. Guaranteed accurate andtimely revenue reporting for $4.1B a month. Developed roadmap for subject area expansion.Determined Finance strategy and roadmap of enterprise data warehouse. Evaluated vendors andproducts for the data warehouse. -
Manager, Revenue Systems – Financial TransformationVerizon Aug 2006 - Aug 2011Greater Atlanta AreaLed program to transform Verizon Enterprise Solutions’ processing and reporting systems handling$1.25B in monthly revenue. Integrated data from 40+ billing systems spanning 35 countries into asingle data warehouse, financial close and reporting process. Decommissioned 7 legacy systems with$2.5M in annual operating costs, while delivering a centralized analytics platform to 1,000 users.Led business through the initial deployment of an enterprise data warehouse on Teradata ingesting ~3Brecords a month. Coordinated multiple departments needs through the entire data warehousedevelopment lifecycle.Established master data tools and governance processes to enable enterprise-wide business intelligence. Implemented product data steward organization and established a standard product hierarchy. Developed an application for the administration of product hierarchy, introduced standard terminology across departments, aligned internal revenue reporting with the go to market product portfolio and enabled automated restatements. -
Senior Staff Specialist, Revenue Accounting – Process ImprovementVerizon Aug 2004 - Aug 2006Greater Atlanta AreaDeveloped the process and controls required to eliminate $650M of internal transactions per month fromthe sub-ledger and general ledger. Led multiple users across various departments in developing, testingand implementing the new process.Accelerated the revenue accounting close by 7 business days. Gathered sponsor organization’srequirements, acted as liaison between the business and IT, developed and managed the project plan,and reported status to finance directors. -
Senior ConsultantDeloitte Jun 2004 - Aug 2004Greater Atlanta AreaPerformed a process study for Deloitte’s public sector tax practice, documenting the state tax andrevenue industry’s standard operating procedures. Incorporated results into Deloitte’s marketingmaterials and benchmarking tools for clients. -
ConsultantDeloitte Aug 2002 - Jun 2004Greater Atlanta AreaLed business controllers through report development for $5B in assets. Developed requirements andprocess to convert a $1.5B budget from the legacy system to SAP.Constructed a financial model to calculate the return on investment for a joint venture between Deloitteand a mobile communication solutions provider. Participated in negotiations and drafted the writtenterms of agreement.Managed the SAP training program at a global manufacturing corporation. Identified learning gaps anddetermined the required training curriculum. Coordinated customized training programs for 350 endusers by matching positions with required skills.Team Lead for the Atlanta office community service project. Member of Deloitte’s CommunityInvolvement Council. United Way Ambassador for Deloitte. Volunteer for Junior Achievement of GA. -
System AnalystDeloitte Aug 2000 - Aug 2002Greater Atlanta AreaDesigned processes and tests for the financial and controlling modules of SAP in several ERPimplementations across multiple industries, including manufacturing, aeronautics and defense, andtelecommunications.Managed regression testing of an integrated CRM platform at a global telecommunications corporation.Developed unit and integration tests for the system. Demonstrated the system to the executive steeringcommittee and auditors.
Stephen Parrott Skills
Stephen Parrott Education Details
Frequently Asked Questions about Stephen Parrott
What company does Stephen Parrott work for?
Stephen Parrott works for Client: Startup Telecommunications Provider Operating 20 States
What is Stephen Parrott's role at the current company?
Stephen Parrott's current role is Techno Functional Consultant - Telco and Financial Systems.
What is Stephen Parrott's email address?
Stephen Parrott's email address is st****@****zon.com
What schools did Stephen Parrott attend?
Stephen Parrott attended University Of North Carolina At Chapel Hill.
What skills is Stephen Parrott known for?
Stephen Parrott has skills like Business Process Improvement, Sdlc, Business Intelligence, Business Process, It Strategy, Vendor Management, Program Management, Business Analysis, Integration, Financial Systems, Team Management, Process Improvement.
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