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Tom barette Resume

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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. barette@pacbell.net; 818-808-5107

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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:// www.linkedin.com/in/tombarette 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.

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