Erdei Péter

My role was designed to increase the Business Intelligence maturity level of the EMEA Commercial Finance FPA through operational excellence and value creation projects. The Business Intelligence Journey focuses on the 4 pillar of continuous process improvement such as People, Process and Technology & Data to drive the EMEA FP&A through the roadmap from Descriptive, Diagnostic, Predictive to Prescriptive Analytics. All projects focuses on innovation, scaling and automation with a constant stewardship of data.

Project Achievements:

• Tableau Analytics project successfully automated the analytics and Management reporting of the EMEA markets down to Contribution Margin on customer level to enable Customer Profitability, FC Accuracy and ROI analysis.
• Revenue Management and Reporting focuses on standardizing revenue reporting processes, decreasing cycle-time and improving GCOA compliance.
• Successfully re-designed and implemented new Management Reporting Data Hierarchies for Customer and Business Organization.
• Automated and standardized the Head Count and Salaries&Benefit reporting process.

CooperVision is a world-leading manufacturer of soft contact lenses and related products and services with $3.3B+ revenue. As a Business Controller, CEE, I am currently the finance leader for a high growth $55M+ cluster, including markets of Hungary, Poland, Czech Republic and distribution to other Eastern European countries.

• Accountable for the end-to-end Financial Accounting and Reporting as well as External and Internal Audit processes for the Legal Entities managed.
• Lead preparation and presentation of Budget and Quarterly Business Reviews, presenting the financial performance and outlook for the market, with explanations of customer, channel, product and market drivers to SVP Europe, and Director of Commercial Finance EMEA.
• Accountable for the forecasting cycle, driving weekly flash, monthly and quarterly planning rounds
• Preparation of business cases to evaluate new propositions and proposals and recommendations, ensuring key risks and opportunities are identified and fully understood by the key decision makers, including within the frameworks of US GAAP and Sarbanes-Oxley.
• Commercial advisor for market legal on pricing and trading terms with customers, including ownership of contract compliance and execution.
• Operational leadership for Market driven logistics and distribution costs.
• Lead special projects that support management decision-making, such as sales, margin & pricing analysis, cost containment, working capital improvement, return on investment and cash flow analysis.

Varian is an American radiation oncology treatments and software maker based in Palo Alto, California with $3.2B revenue.

Position Overview: As a Commercial Finance Business Partner CEE & Russia / CIS I was the Business Partner to the Field VPs for Varian CEE & Russia CIS to drive Financial and Operational KPIs by revenue and leveraged P&L growth. CEE as well Russia CIS are key growth regions for EMEIA with around $200MM in orders in 2019 and rapidly further expanding.

Key Roles and Responsibilities were:

• Own the monthly P&L reviews with the EMEIA President and EMEIA Sr. Director Finance to support efficient revenue growth and OPEX management.
• Work directly with Senior Leaders in the region, including Managing Director, Supporting Directors, and their extended teams to provide leadership and complex financial analysis for strategic planning and ensure ROI on any future investments.
• Own, guide and influence with business leaders long-term and strategic decision-making as part of the 5 year strategic planning as well as yearly budget plan.
• Lead and advise on complex business initiatives like Go-to-market initiatives or acquisitions.
• Support Customer Financing team in setting up profitable deal structures depending on the customer situation via LCs, bank guarantees, profit sharing models etc.
• Define together with the Field VPs the targets and incentive plan for the sales team in the region.

International division of VIACOMCBS with ~$1.9B in annual revenue and 3500 employees. Division oversees production, broadcasting and promotion of key ViacomCBS' brands outside of the United States, including MTV, VH1, Nickelodeon, Comedy Central.

Position Summary: Build and lead the FPA Business Support CoE team of the Content Licensing Strategic Business Unit of VIMN reporting to the international CFO.

• Establish, design and roll-out global Commercial FP&A COE operating model with best in class centralized and standardized processes to free-up resources from transnational low value add activities to value add FPA tasks such as: Standardized Planning Model, Standard Operating Procedure, Control Variance Reporting
• Transition FPA roles from 9 countries to the central CoE while positively influence, lead, and manage change with key stakeholders.
• Manage the planning and reporting of ~$900m revenue and the related operational costs, work with other departments to enhance collaboration and drive cross-functional efficiency
• Partner with and support the Content Licensing Commercial Leadership (MDs) in contract negotiations, KPI target setting and financial modelling including operating metrics, revenues, COGS, SG&A and CAPEX.
• Lead the end-to-end monthly forecasting, annual budgeting and the long range planning process
• Review and present monthly and quarterly packages to the CFO, Commercial Directors, MDs and the Chief Accounting Officer
• Lead directly a team of 11 FTEs, including 4 embedded Business Partners in each Head Quarters (London, Madrid, Singapore and Miami) and the Central Team in Budapest from senior analyst to VP level,

MSCI is a global provider of equity, fixed income, hedge fund stock market indexes, and multi-asset portfolio analysis tools with ~$1.2B in annual revenue and 3300 employees, key clients including Blackrock, UBS, Sate Street, Allianz

Position Summary: Led Finance Transformation Projects related to FP&A, Revenue Controlling and IT Finance, work closely with "C" level executives help execute the CFO's strategic plan towards her Vision reporting to the Chief Transformation Officer.

• Redesign the monthly revenue reporting, forecasting and budgeting process of the Real Estate Business, improved the reconciliation of complex high volume data. Selected and applied Project and Process management tools and techniques from Lean Six-sigma, Agile and BPM. Spearhead the Management by Metrics strategic initiative of the CFO
• Thoughtfully and positively influence, led, and managed change across all seniority and areas
• Present on the Monthly Finance Transformation Steering Committee chaired by the corporate CFO. Created and presented business cases and project charters to "C" level executives from Finance, Business, PDM and Legal
• Work closely with the Corporate FP&A team to research best in class process and help implement them. Designed a pricing and revenue recognition model for Sales to support commercial negotiations

MSCI is a global provider of equity, fixed income, hedge fund stock market indexes, and multi-asset portfolio analysis tools with ~$1.2B in annual revenue and 3300 employees, key clients including Blackrock, UBS, Sate Street, Allianz

Position Overview: Manage and lead the revenue accounting and reporting team of 11 FTEs with a coordinating role with the Business Heads, Legal Entity Controllers, FP&A, Sales Operations Team and Accounts Receivable Team to ensure accurate, reliable and timely revenue recognition and reporting

• Manage the Revenue Accounting/Controlling (R2R) and Management Reporting processes of MSCI Index Business
• Create revenue recognition documentation including design and development of revenue recognition framework for acquired Businesses
• Stay current on GAAP standards (ASC 606) related to revenues and particularly the guidance specific to the Subscription, SaaS and Reporting industry, in order to appropriately manage revenue recognition
• Review and present monthly/quarterly and annual external and internal Revenue Reports to the Principal Accounting Officer and the CFO as well as to the Marketing/Sales Executive Management
• Interface with internal and external auditors for quarterly reviews and annual audit
• Oversee the end-to-end Order To Cash cycle of the Indexed Based Financial Product Business
• Manage the full integration projects of OTC processes of newly acquired companies

Morgan Stanley is an American multinational investment management and financial services company with $50B+ revenue.

Position Overview: Lead the Compute and Storage Expense Management and Management Reporting teams within the Corporate Support Function SSC, responsible for the end-to-end R2R and Management Reporting/Controlling processes of the IT Infrastructure Expenditures of the Information Technology department.

• Manage the end-to-end month end close and management reporting processes of the Compute and Storage related capital (~$190M) and operational expenditures (~$150M) of the firm.
• Review and approve B/S and P/L reconciliations and supported the annual and quarterly audit procedures
• Lead a team of 9 FTEs through 2 team leaders directly reporting to NY, responsible for quarterly performance review and talent development process
• Review and configure IT Cost allocation methodologies to enable transparent and accurate Activity Based Costing across the organization.
• Organize monthly and quarterly cost review meetings with IT and Finance Executives to provide analytics and insight into the drivers of change
• Oversee the forecasting and budgeting process of the Compute and Storage related expenditures, managed cost pool reviews and cost center maintenance