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Convergys Corporation Work Values
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Daily Duties at Convergys Corporation:
Processed monthly, quarterly, and year-end accounting activities. Ensured accounting activities were in compliance to SOX and GAAP. Developed business plans, forecasting, and budgets for various business units. Prepare revenue flux analysis reports for upper management. Manage a 34-member team. Participate in integrating external client programs in accordance with global solutions. Integral in company merger initiatives, due diligence, and facilitating work condition transitions for employees on the domestic and international level. Interface with the legal department in contract development to ensure revenue compliance. Maintain revenue procedures within SOX specifications. Developed processes for “best practices” to create cost initiatives. o Responsible for $3B annual revenues for 3 divisions ensuring compliance with SOX, GAAP and SOP 97 o Improved OI $12M over 6 years identifying lost revenue due to operations not interpreting client contracts correctly o Improved invoice deployment 90% by implementing processes to ensure invoicing within 7 business days and coordinating daily review meetings. Increase cash flow through this initiative o Consistently increased OI by $250k through departmental cost reductions year over year. o Reduced invoicing time requirements, decreasing DSO 5 days and saving $10K in interest costs. Director of Finance, European Divisions in Paris, France (Customer Management Group) [1999-2001] Manage a 27-member team. Prepare annual budgets and forecasts for all international divisions. Participate in mergers/acquisitions for new business development. Implement new policies and procedures to bring convergence to all 6 divisions. Reconcile US GAAP to European statutory books. o Increase OI by $6M annually by centralizing 6 countries accounting functions o Improved efficiencies by consolidating common process between all 6 countries o Lowered consulting fees by$250k by leading M&A work instead of using consultants. o Headed off acquisition loss risk but reviewing all acquisitions profitability – Growth through acquisition is not always the best strategy Director of Finance, Cincinnati Bell Long Distance (CBLD) (Telecommunications) [1997-1999] Manage a staff of 9 members. Coordinate annual internal/external audits. Manage employee on-boarding initiatives for 3 acquisitions. Prepare all budgets and forecasts. Maintain monthly closings for payroll accounts, accounts payable/receivable, and general ledger. Review mergers/acquisitions initiatives. Coordinate on-boarding Notre Dame University onto CBLD and worked with other clients in different industries to ensure telecom billing accuracy. o Implemented new policies and procedures to drive cost initiatives saving company $1.5M annually o Increased OI by $1.4M through telecom reduction costs o Improved accounting efficiencies through upgrading accounting system o Increased departmental expense awareness by training 7 departments on how to read financial statements and cut costs Financial Planning/Analysis (CBLD) [1995-1997] Integrated financial planning and growth analysis plans for CBLD. Conducted account analysis and prepared yearly budgets and monthly forecasts. Responsible for all audits. Prepare State Sales and Use Tax returns for 36 states. Provide upper management with detailed financial analysis reports and and department Staff Accountant, Cincinnati Bell Information Systems (Telecommunications)[1993-1995] Planned accounting efforts for European divisions. Prepared and reconciled general ledgers between US operations and EMEA. Oversee acquisition and divestiture team. Perform NRV analysis for software capitalization projects. Prepare NRV for all software projects to ensure proper accounting treatment. o Increase $356k in OI in expense reduction. Analyzed discontinued operations and found duplicate expenses o Increase OI $7.5M by selling business unit at premium o Closed Belgium office saving company $15M annually due lack of efficiencies
What they like about Convergys Corporation:
Organizations with strong, centralized leadership are particularly attractive to you. You require a work environment with leadership that aggressively seeks to expand and grow the business and does so in a visible and decisive manner. In general you prefer to work in an environment in which there is a strong link between leadership, its actions, and a strong set of company-wide values.
Tags
Strategic Planning, Accounting expert, International Finance experience, Cash management, Process Improvement, Problem Solver, Financial Analyst, Reconciliations, Analyst, Peoplesoft, MBA, BS, Mergers, Acquisitions, Consultant, Customer Service, Integrity, Ethical, Excel, Powerpoint, Budgets, Forecasts, Variance, Reporting, International, Consolidations, Executive, A/R, P/R, A/P, G/L, Hyperion, Essbase, External Audits, Leadership, Cash Flow
Skills
P&L responsibilities, Presentation, Ecommerce Strategy and digital marketing channels optimization - SEO, SEM, email, affiliates - for high-profile accounts., Technology Solutions, Sales Support, Software Implementation, Requirements Analysis & Specification, Leadership , Budgets, Inter-company reconciliations, Executive Reporting, Mergers and Acquisitions, Project Management, Revenue Recognition, GAAP Compliance, International Accounting and Finance, Problem Resolution, Client Solutions, Accounting Management, Due Diligence, Sox Compliance, Global Manufacturing, SEC Reporting, PeopleSoft (Oracle), Hyperion/Essbase, AR/AP/PR, Account Reconciliations, Monthly Forecasts, External Audit, Leadership, International Finance, Financial Analytics, Customer Relationships
Information about Convergys Corporation
Company Rank: 5.0 out of 5
Average length of employment : 14 years
Average salary of employees: $125,000
These are some of the questions we asked our climbers about their experiences with Convergys Corporation:
05| | ||
Were your performance expectations clearly communicated? | 5.0 |
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Were you recognized for meeting or exceeding expectations? | 5.0 |
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Did you feel like your personal contribution was important? | 5.0 |
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Was your career path clearly outlined and discussed? | 5.0 |
03| | ||
I would recommend this as a place of employment. | 3.0 | |
I believe in the purpose of this organization. | 3.0 | |
I would work for this organization again. | 3.0 | |
I feel employees are fairly compensated. | 3.0 |
Climbers who worked at Convergys Corporation had these interests:
Books | |
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Project Mgmt | Textbook on how to lead projects from inception to completion |