Adam M. Brown

Developed comprehensive budgets and financial forecasts to support strategic decision-making.

Analysed financial statements and reports to identify trends and areas for improvement.

Collaborated with cross-functional teams to implement cost-saving initiatives and enhance operational efficiency.

Ensured compliance with financial regulations and internal policies to mitigate risks and maintain integrity.

Assisted management in strategic decisions as they relate to long-term business plans, budget management, cost / benefit analysis of all the SaaS products, forecasting needs and securing of new funding.
Responsible for payroll for all employees & consultants and commission payouts to the sales team & affiliates.
Created detailed headcount forecasts and compensation/salary plans to control employee expenses.
Responsible for data integration from different sources into one format to automate financial reporting.
Responsible for month end close, financial statements preparation, variance analysis and financial reporting.
Responsible for journal entries, accruals, accounts reconciliation, accounts receivable and accounts payable.

Prepared KPIs such as churn rate, customer acquisition cost (CAC) and Customer Lifetime value (LTV).
Prepared the company’s income tax returns, payroll taxes and sales tax analysis.
Responsible for ensuring liquidity by managing day-to-day cash flow & financial modeling for projected income.
Built and managed external relationships with auditors, banks, statuary organizations, clients & vendors.
Collaborated with M&A advisors to prepare valuation methods (DCF, adjusted EBITDA and valuation multiples approach) for company sale until Magemojo LLC was acquired by Webscale Networks in December 2021.

Managed contributions received from donor countries and prepared budgets for each contribution/project in compliance with the donor agreement.
Prepared expense budgets, forecasts and presented top management & project managers with key financial analysis and KPI reports for informed decision making.
Responsible for approving journal entries, reviewing bank reconciliations, reviewing financial statements in IFRS & GAAP and clearing aged receivables.

Reviewed variance analysis reports and took corrective measures to avoid overspending.
Enhanced financial reporting by implementing Hyperion Essbase and restructured business processes to use Sharepoint to effectively store and retrieve documents; eliminated redundant tasks in the month end close and created excel templates for more efficient account reconciliation and P&L variance analysis.
Collaborated with external relations, IT, accounting, payroll, procurement, treasury departments to solve outstanding issues more efficiently leading to 20% quicker turnaround in processing contributions and strengthened internal control.

Streamlined the intercompany management process for 26 branches by partnering with IT and customer service departments leading to saving two days of manual analysis & more accurate intercompany account reconciliation.
Reformed the annual budget & forecast for all 26 branches, analyzed monthly COGS reports & variance analysis and prepared PowerPoint presentations for management highlighting areas of recommended cost savings.
Assisted with the internal audit to ensure SOX compliance, administered fixed assets database, prepared & filed Sales and Use Tax Returns, and coached new staff.

Managed the liabilities section of the financial statements: Booked and reconciled the company’s borrowing lines ($12 billion) and commercial paper issuances and maturities ($5 billion).

Responsible for amortizing & reconciling 82 capital lease accounts and secured & unsecured notes worth $65 million.
Administered month end close, booking recurring and non-recurring journal entries, balance sheet variance analysis, prepared financial statements footnote disclosures and coordinated with external auditors.
Increased efficiency by eliminating redundancy of tasks resulting in staff cost savings of 15% over three years.
Earned Runner-Up Award for excellent performance during 2006.

Researched & resolved payment discrepancies such as disputed payments & duplicate deductions. Analyzed aged invoices, processed vendor payments & performed monthly closing.
Prepared Income Statement, Balance Sheet and Cash Flow analysis. Monitored A/R to determine current payment while adhering to aging goals