University of Denver

Chief Financial Officer,  EVP at The Integer Group

Collective Goods

Chief Financial Officer

•	Direct oversight of all financial, operations, and IT staff and their related functions for a wholly-owned subsidiary of Omnicom Group, a publicly held holding company, charged with full P&L accountability overseeing budget formulations, financial reporting, cash flow, and capital expenditures.
•	Develop the strategic direction, improve agency performance, and manage a team including ~2 Directors, 2 Group Directors, an SVP, and ~75 supporting team members in Finance, IT, Operations, Production, Project Management, and HR teams, maximizing organizational effectiveness and profitability across five U.S offices from Denver to New York. 
•	Manage the key client finance relationships, financial reporting, budgeting process, legal and group compliance, ensuring GAAP and SOX compliance.
•	Implement and maintain financial metrics related to client profitability and resource utilization, influencing organizational strategy and client negotiation strategy.
•	Analyzed client compensation-based pricing and reconciliations models, developing new pricing, fees, and compensation scenarios for new clients.
•	Successfully managed client negotiations to achieve favorable payment terms without sacrificing agency profitability through pricing concessions.
•	Fostered strong client procurement relationships that focused on the education of our services, resulting in the protection of rates and revenue per FTE.  
•	Partnered with the CEO and other senior-level executive management to strengthen business forecasting and opportunity /risk management with enhanced planning and analysis processes to support business growth within a recovering economy better.
•	Drove teams to conduct industry research to identify potential risks and opportunities. 
•	Trained managers in understanding their revenue trackers, margin growth, staffing plans, scope-of-work and project reports, working capital reports, and rate management.

The Integer Group

Chief Financial Officer, Executive Vice President

•	Improved management of 'Pay when Paid" principles to reduce agency exposure by 30%.
•	Identified organizational synergies and consolidated accounting functions, allowing for a reduction in support staff and capturing $350K in cost savings.
•	Partnered with production leads to provide routine legal training that manages and protects our agency liability, keeping unbillable errors to less than 1% of our total costs.
•	Managed 17 consecutive years of external audit results with zero material deficiencies.
•	Developed leadership dashboards to improve accountability through the creation and routine reporting of KPIs.  This involves managing and using financial and data models to provide actionable, insightful analysis to Executive Leadership.
•	Improved team Net Promoter Scores by 1 to 2 points by adopting agile processes and workflows, allowing for improved communication and efficient hand-off of tasks.
•	Partnered with account and operations leads to establish new staffing models that streamlined financial focus and delivering a 15% improvement in working capital management.
•	Created and implemented flexible staffing plans that reduced fixed overhead costs and improved client profitability by 5%.
•	Assumed ownership of a declining office, driving a profit turnaround of 30% in 18 months despite declining revenue
•	Developed strategic forecasts, ensuring full cost coverage and target profitability, to regain the 7% margin drop through 5 consecutive years of revenue and staff reductions
•	Implemented weekly financial stand-ups driving 12% improvement in working capital
•	Instituted standardized pricing and staffing toolkits to consolidate the collection of data, increasing process efficiency and accuracy by 20% through automation
•	Reduced labor costs by 15% by establishing utilization and funding expectations for all organizational levels.

Chief Financial Officer, Executive Vice President - Key Achievements

•	Oversaw all finance and accounting functions for multiple business units, including the Denver Agency office and field offices, Network Revenue for New York, Chicago, Bentonville, and shared services supporting $85M in revenues and full P&L accountability.
•	Liaison to corporate headquarters with a broad scope of senior-level authority to manage the following Business Operations, Working Capital, Risk Management, Accounting, Taxation, Contracts (Client & Compensation), SOX & Financial Audits, Technology Operations, and Procurement (vendor, capital expenditures, leases).
•	Managed a team of 20, including a Finance Director and 19 supporting team members, ensuring the performance and management of the agency finance functions, including monthly/yearly close, financial reporting, forecasting, treasury, audit, tax, general, and client accounting.
•	Ensured revenue recognition, contract compliance, SOX compliance, and general accounting rules are strictly adhered to.
•	Developed financial and non-financial key performance indicators (including revenue, cost of sales, and indirect expenses) and the appropriate reporting to assess financial and operational performance across the group.
•	Provided monthly executive briefings on the company's financial status and recommendations to strategically enhance financial performance and business opportunities. 

𝐊𝐞𝐲 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬
•	Vetted and implemented a new expense report management system, improving processing efficiencies by 20% and timeliness of submissions by 10%
•	First adopter of financial workflow tool, implementing On Base and providing guidance and best practices to other Omnicom agencies.  Improved workflows resulted in labor efficiencies of 10%.
•	Created scaled pricing models for clients with project volatility, creating opportunities to increase profit ~10%.
•	Successfully transitioned a shared service model to an offshore model, reducing labor support costs by 20%.

Vice President, Finance

•	Responsible for the execution and integration of strategic plans accountable for the full P&L of the Denver Agency office and 6 national field offices, focusing on bottom-line results and profitable growth, making up 80% of Integer’s revenue.
•	Led the finance, legal, HR, and office teams, managing a direct team including a client Finance Controller, Accounting & Reporting Controller, payroll manager, and 23 indirect team members supporting the finance, accounting, and operational organizations. 
•	Accountable for all monthly and yearly close processes and reporting, creating financial models to improve the accuracy of monthly reporting, forecasting, and budgeting processes.
•	Ensured financial statements, revenue recognition, and expense accruals were compliant with Omnicom and GAAP guidelines and SOX compliance. 
•	Managed monthly and quarterly variance analyses, analyzed KPI and profitability trends guiding the leadership team, and communicating results to executive management
•	Reviewed overall staff utilization making significant changes by combining and reducing headcount, overhead, consolidating resources, and changing employee responsibilities resulting in a substantial drop in operating cost.
•	Lead agency-wide project and financial system conversion, with direct oversight over development, reporting, and data migration.  

𝐊𝐞𝐲 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬
•	Adopted a shared services accounting model supporting domestic offices, including network revenue, US and local GAAP/IFRS reporting, and treasury / FX management for Chicago, New York, and Bentonville, resulting in a 5% in overhead labor costs.
•	Development of menu pricing models for production services, improving profitability between 3% and 18%.
•	Recognized with the Omnicom Financial Excellence award.

Group Director, Finance

Responsible for all the financial reporting for the Denver region within a 275-employee public advertising agency, overseeing month/quarter-end close processes (accruals, deferrals, discounts) and financial reporting.
•	Managed all financial operations, including full P&L accountability including Internal Promotions P&L, Studio P&L, Broadcast Production P&L, and Client Merchandise Store servicing one central office and 6 field offices. 
•	Coached and led a team including an Accounting Manager, Billing Supervisor, and 16 supporting team members overseeing Payroll, Accounting, AP, Billing, Cash Management, Capital Expenditures, and Forecasting.
•	Successfully led Internal monthly audits and yearly audits conducted by KPMG and ensured GAAP and SOX compliance.
•	Responsible for Trade Working Capital, AR/AP/WIP/Aging & Overdues, bad debt, provisions, Intercompany rec's, manual J/E's, topsides, mismatches, advance billings, and provide monthly reporting and commentary to Corporate Finance and audit groups.
•	Partnered to implement and manage client promotional teams, with personnel under Agency oversight.
•	Established the quarterly SOX testing approach and documentation in conjunction with direction and expectations from Omnicom.
•	Streamlined month-end close efficiencies to drop two days from the close process.

𝐊𝐞𝐲 𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬
•	Strengthened balance sheet through audits of unreconciled balances, including overall improvement of unbilled costs of 10%
•	Created special pricing program, and financial oversight of talent for client field promotions, involving 15 North American regions

Controller

•	Gained the trust of ownership to lead the company strategically, developing new banking relationships, establishing a financial team supported by a defined system of internal controls, implementing a new inventory system, developing HR policies and procedures, and overall better operations alignment with the organization.  
•	Directed all monthly preparation and analysis of financial statements and investments, reconciled GL accounts and fixed assets, and managed accounts payable, accounts receivable, credit card reconciliation, multiple cash accounts, and the staff to complete these duties with US and European countries.
•	Maintained and reconciled daily cash logs with the banking system, monthly bank reconciliations, inventory counts, and daily general operations.

Italco Food Products

•	Served as both the Controller for the Marketing & Logistics and specializing in logistics and oversight of their transportation company for this large-scale manufacturing business.
•	Responsible for managing the close process for all logistics and marketing functions reviewing and creating monthly statistical reports, leading monthly financial review with supply chain and senior leadership, and maintaining freight and storage budget for the company.
•	Continually monitored and assessed supply chain financials, implementing changes and providing proformas and restated external financials.
•	Managed team responsible for logistics and transportation accounting, markets reporting, and third-party logistics invoicing and accounting review.

Leprino Foods

Logistics Controller

•	Oversaw the day-to-day accounting duties included cash management, A/R, cash receipts, and collections, review of all expenses (A/P) before disbursement, and review of daily inventory variances and yields.
•	Led monthly accounting duties included month-end close of financial statements and presentation to management, bank and account reconciliations, monthly sales forecasting and margin projections, and monthly expense forecasting.

Jennifer Tyus