Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Tom barette Resume


Published on

I have over 10 years of experience in forecasting, budgeting, planning & analytical modeling in the Los Angeles area. I offer my solid financial management background in creating and improving value-added processes, building effective relationships with key decision makers and collaborating with management teams in setting / evaluating key performance indicators and profitability goals.; 818-808-5107

Published in: Economy & Finance, Business
  • Be the first to comment

  • Be the first to like this

Tom barette Resume

  1. 1. TOM BARETTE, MBA 3717 Sapphire Dr., Encino, CA 91436 cell (818) 808-5107 home (818) 789-5938 [email_address] http:// PROFILE and KEY SKILLS Customer-focused finance professional with over 10 years experience in adding value for companies by spearheading financial planning and analysis initiatives, improving value-added processes, identifying major cost reduction opportunities, collaborating with key decision makers and expanding staff capabilities through mentoring. * Providing structure for growing organizations * Financial modeling (analysis/budgeting/forecasting) * Data mining * Strategic& tactical planning * Due diligence & post-merger integrations * Staff training & development * Process Improvements * Internal consultant to executive teams * Foreign currency translations * GAAP accounting PROFESSIONAL EXPERIENCE Independent Consultant 2011 THQ – Video game forecasting, trend modeling, by title profitability analysis, earnings packages & daily/weekly flash. 20th Century Fox Digital Media - Communicated revenue trends and digital operations cost impacts to Sr. Management. Finalized 2011 Forecast & 2012 Budgets. Prepared monthly close entries & statements. Manager Financial Planning and Analysis Public Communication Services, Los Angeles, CA 2007-2010 Created new Financial Planning & Analysis department for implementing company-wide budgeting, forecasting and long-term planning processes. Partnered with the CFO and executive team in meeting their goals and objectives. PCS was an $85m telecom company that serviced County & State correctional facilities. * Improved the annual operating planning process by analyzing revenue trends, product mix and margin drivers. * Analyzed key performance indicators and suggested profitability improvements during monthly executive reviews. * Partnered with Sales team to analyze new account opportunities. Spearheaded pro-forma modeling and pricing strategies. Presented financial risks and opportunities to ensure bid requirements were in alliance with goals. * Forecasted weekly and monthly cash flows; changes in working capital to determine short term cash requirements. * Garnered cost efficiencies through in-depth tracking of capital spending for corporate assets and end user equipment. * Performed due diligence on potential mergers and acquisitions to determine if such transactions met the strategic goals of the Company. Developed plans for post-merger integration of an acquisition. * Performed monthly close analyses to facilitate understanding of monthly results against Plan. * Supervised two Sr. Financial Analysts. Note: Position was eliminated due to acquisition by Alabama-based Global Tel-Link at the end of 2010.
  2. 2. Manager Financial Planning and Analysis DIC Entertainment, Burbank, CA 2005-2007 Created new Financial Planning & Analysis department for implementing company-wide budgeting, forecasting and long-term planning processes. Partnered with the CFO and executive team in meeting their goals and objectives. DIC was an $80m international consumer products, television, home entertainment and new media company that produced and distributed children’s entertainment. * Budgeted and forecasted revenues and cost performance; identifying risks and opportunities for key metrics. * Developed monthly Board presentations to clearly present results, full year projections & explain key variances. * Managed ultimates processes & production costs for all media to determine film cost amortization impact to EBITDA. * Projected cash flows, fixed asset spending and long term debt for quarterly bank covenant reports. * Analyzed impact of potential acquisitions, marketing plans, coop spending and overhead spending trends. * Approved MD&A commentaries for monthly public reporting, bank packages and audit reviews. * Evaluated stock option valuations of executive team for auditors and monthly reporting. * Prepared five-year Strategic Plans for library asset valuations and UK investment bankers/shareholders. * Performed monthly close analysis to facilitate understanding of monthly results against the financial Plan. * Supervised two Financial Analysts. Note: Position was eliminated due to acquisition by Canadian-based Cookie Jar, Inc. Sr. Financial Analyst, International Theatrical Finance Warner Bros., Burbank, CA 2002-2005 Budgeted, forecasted and analyzed financial plans and trends for 65 territories ($800m rev/yr) * Improved accuracy of balance sheet and cash-flow forecasts by collaborating with Controllers in Europe, Asia and Latin America. Translated P&Ls, balance sheets and cash-flows into US currency. * Initiated detailed (by title) revenue, prints, ad/pub and overhead planning cycles for 80 cost centers. * Prepared five year plan for foreign co-productions. * Validated revenue, marketing expense and print cost ultimates by comparing them to actual results and trends. * Improved accuracy and timeliness of forecasts by improving communication between Finance & Sales departments. * Analyzed impact of volume and currency exchange rates for monthly closes and forecasts. * Prepared journal entries for month-end close. Independent Consultant 2001 20th Century Fox TV Studios – Monthly financial reporting to Corporate. Valley Crest Companies – Improved cash flow forecasting, budgeting and reconciliations. Alcatel, Inc. – Sales budgeting, executive presentations and implementation of web-based forecasting tool.
  3. 3. Manager Financial Planning and Analysis Frederick’s of Hollywood, Los Angeles, CA 2000-2001 Created new Financial Planning & Analysis department for implementing company-wide budgeting, forecasting and long-term planning processes for the 200 store chain, catalog group, internet, marketing and 15 departments. Prior to filing Chapter 11 in 2000 annual revenues were $100m. * Developed a 200-store cash flow model used to identify store closures, benchmarks for operational improvements, opportunities for lease re-negotiations and to initiate a by-store budgeting process. * Established “bottoms-up” budgeting that saved $3m (10%) in operating costs. * Designed and monitored financial plans for executive team, distribution center, bankruptcy court and auditors. * Monitored weekly and monthly profitability trends, emphasizing key business risks and opportunities. * Improved purchase order process to control departmental spending against Chapter 11 reorg. Plan. * Prepared sales growth trending models, stores ROI analyses, and corporate expense allocations. * Supervised two Financial Analysts. Note: Position was eliminated due to Chapter 11-related cutbacks. Manager, Domestic Television Sales Administration Paramount Pictures Corp., Los Angeles, CA 1992-1999 Initiated budgeting and forecasting processes for Syndication and Cable licensing revenues ($500m rev/yr) * Created sales planning process to efficiently report results of five regional offices and determine sales bonuses. * Increased cash flow by $2m by discovering unbilled contracts and reducing residual costs. * Researched sales and ratings data to determine focus of marketing plans. * Organized due dilligence of library assets valuation for production company acquisition. * Planned post-merger integration of Viacom system and contracts including data validation and QA. * Supervised five Financial Analyst / Sr. Analysts. EDUCATION MBA, California Lutheran University, Thousand Oaks BA, Communications, California State University Northridge SYSTEMS Advanced level of Excel, Word & PowerPoint. Solomon, COGNOS (TM1), JD Edwards, Great Plains, Essbase, Jaguar, SAP (R/3 & BPS Planning), Hyperion Enterprise w/Retrieve, Business Objects, PeopleSoft w/nVision, and AS400. OTHER INTERESTS Photography, cycling, swimming and triathlons.