Work experience includes commercial and division financial planning, reporting, and analysis
Manager, Commercial Pricing Strategies @ 1) Lead and manage six headcount with intent to provide pricing and sales contract completion support
2) In collaboration with sales force, determine appropriate product pricing to support sales and margin growth initiatives and milestones
3) Work closely with finance to ensure proposed pricing meets expected margin outcome and milestones
4) Provide sales support with intent with to provide timely price corrections
5) Analyze all current customer list and contract pricing to ensure contract compliance From November 2014 to Present (1 year 2 months) Greater Chicago AreaCommercial FP&A Manager @ 1) Lead and manage five headcount with the intent to provide financial support to the Domestic and International commercial organizations, including financial planning, reporting, and analysis for multiple organizations
2) Provide financial models for new products currently in R&D to produce an updated ROI based on progress of development
3) Review and provide US and International region periodic sales models for milestone and performance requirements
4) Responsible for commercial monthly financial reporting duties, including review of journal entries and account reconciliations from staff
5) Analyze regional sales growth to understand key price and volume drivers
6) Serve as division liaison for all corporate Sunshine Act reporting milestones and communications
7) Serve as division contact for any marketing, selling, and administration personnel ad-hoc requests From May 2013 to November 2014 (1 year 7 months) FP&A Supervisor @ 1) Lead and manage two headcount with the intent to provide financial support to the division, including financial planning, reporting, and analysis for multiple organizations, which include both the commercial and operations departments
2) Analyze main P&L drivers, specifically net sales variances from plans, to help drive decision making for the commercial teams
3) Participate with senior management to centralize exchange calculations and understand the impacts on the balance sheet and income statement
4) Analyze balance sheet, sales, exchange, and entity on a periodic basis, and identify drivers of significant variances
5) Analyze cost change changes during forecast, including identification of major cost change drivers, determining root causes and validation of standard cost information
6) Serve as division contact for Diagnostics Division FP&A meetings related to Plan and Update requirements, including calendar maintenance and communication to participating parties From August 2011 to May 2013 (1 year 10 months) International Financial and Operational Consultant @ 1) Responsible for audit planning and coordination, including management of audit scope, work allocation, budget, logistics, leading audit meetings and communicating findings, ensuring collaboration among Finance, IT, and Compliance audit teams, and producing quality deliverables 2) Performed financial audits of a division headquarters, nine international affiliates, two corporate functions, and two manufacturing facilities
3) Responsible for aggregation and analysis of 2010 audit issues, which was submitted to the Abbott audit committee
4) Identification of financial and operational improvements to key business processes throughout the course of audits From January 2010 to August 2011 (1 year 8 months) Manager @ 1) Develop audit strategy memos, which focuses on the clients’ operations and financial statement risks
2) Demonstrate comprehension of the key drivers for the balance sheet, P&L, and cash flow statement
3) Review supporting documents for financial statements and disclosures, including reporting packages, 10-Ks, 10-Qs, and IPOs
4) Identify control deficiencies, recommended improvements, and communicate proposed changes to client management
5) Manage daily workflows and oversee implementation of audit procedures while serving as a key resource for the client
6) Conduct fieldwork daily, monitor budgets, manage one to ten staff, and keep supervisors informed of the audit status
7) Develop and participate in audit presentations and other communications to client management From May 2004 to December 2009 (5 years 8 months)
Master of Science @ University of Notre Dame - Mendoza College of Business From 2004 to 2005 Bachelor of Arts (B.A.) @ Hiram College From 2000 to 2004 Richard Albrecht is skilled in: Finance, Real Estate, Financial Analysis, Sarbanes-Oxley Act, Financial Modeling, Financial Reporting, Internal Controls, Auditing, Due Diligence, Accounting, Forecasting, US GAAP, SEC filings, Internal Audit, Financial Accounting