
Michael Kornblum
- Financially manage full contract life cycle, providing end to end support and advisory to project executives and... | United States
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Michael Kornblum’s Emails mi****@gl****.com
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Michael Kornblum’s Location United States
Michael Kornblum’s Expertise - Financially manage full contract life cycle, providing end to end support and advisory to project executives and leadership, for the global operations portfolio of a diamond client account, amounting to $40M of annual revenue and $335M of full contact life revenue - Increased contract profitability by identifying multiple cost savings opportunities and presenting findings to project leads, which resulted in $250k of annual costs savings - Created multiple pricing models including a $11M contract extension, which involved working with leadership to identify profitability levers. This resulted in increasing contract pricing by by 5% in order to achieve desired profitability margin - Independently responsible for the complex monthly invoicing and revenue recognition for the global operations portfolio amounting to $3.5M+ per month, which involved volume and FTE splits, pre-bills and true-ups, SLA bonuses/Penalties, FX and COLA, efficiency discounts, volume based price triggers, and many one-time billings for data reassessments and complexities - Communicate directly with contract executives and leadership in order to drive forecast process and proactively manage risk and cost savings opportunities. - Help ensure compliance with U.S. GAAP, Accenture finance policies and local statutory requirements by performing Internal Controls processes. - Communicate with offshore affiliates in India, Argentina, and the Philippines on a daily basis to drive forecasting and reporting inputs and ensure accuracy of all inputs. - Supervise team of 1 analyst and 2 senior analysts accountable for managing portfolio of $558M spanning across the Philippines, India, and USA. - Lead monthly and quarterly key strategy meetings with account leadership focused on profitability enhancement, risk mitigation, and compliance - Improved account wide processes by utilizing new digital tools to enhance reporting metrics and reduce time and mistakes - Manage high risk contracts through MLR, QA, Audit, and Estimate at Completion change processes Metro New York Corporate Citizenship and Junior Achievement Lead: - Partner with multiple charitable organizations including Habitat for Humanity, Junior Achievement, United Way, and Knock, Knock, Give a Sock to organize volunteer events and donation drives to help champion Corporate Citizenship across the Metro NY locations - Exceeded prior year volunteer hours and current year volunteer target by 178% Accenture Speak Co-Founder and Lead: - Created brand new program designed to help individuals develop and build key communication, leadership, and soft skills - Official program was approved and rolled out to other finance hubs domestically with 150+ new participants Microsoft Excel SME (Subject Matter Expert). • Analyze for approval or rejection all intercompany charges, amounting to $120MM, impacting the global budgets for 5 different departments with a total net budget of $230MM. • Assemble and improve 20+ quarterly budget and expense review packages to be presented to Vice Presidents of Finance • Created new BVA template for breakdown and analysis of all OUS charges relating to GA&P and HCC&P, adjusting for currency conversions, to be used for business planning and budgeting • Implemented new currency conversion template to improve the efficiency and accuracy of the analysis of all international intercompany charge ins • Solely responsible for facilitating charge-backs of all Johnson & Johnson legal settlements to corresponding domestic and international operating companies to ensure proper, time sensitive accounting of expenses • Conducted NPV Analysis of all company aircraft to determine how many years to hold aircraft for before selling in order to maximize value. • Researched and analyzed financial statements of biotechnology, pharmaceutical and medical device companies to provide accurate reporting to senior analysts • Created reports pertaining to emerging growth companies for distribution to senior analysts to be published on Thomson Reuters • Analyzed preselected companies participating in the 19th Annual NewsMakers in the Biotech Industry and presented research findings to other analysts and senior management. • Maintained contact with attorneys in order to accurately calculate court fee rebates and prepare court expense allocations • Assisted in implementation of new operating system for U.S. Court of Appeals filing • Updated and maintained various court documents and information systems to ensure the efficiency of the appeal process • Performed database management and circulation of information to court personnel.
Michael Kornblum’s Current Industry Accenture
Michael
Kornblum’s Prior Industry
Us Courts Of Appeals
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Wbb Securities
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Johnson And Johnson
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Accenture
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Work Experience

Accenture
Client Financial Management Specialist
Thu Jun 01 2017 00:00:00 GMT+0000 (Coordinated Universal Time) — Present
Accenture
Client Financial Management Analyst
Sat Nov 01 2014 00:00:00 GMT+0000 (Coordinated Universal Time) — Mon May 01 2017 00:00:00 GMT+0000 (Coordinated Universal Time)
Johnson And Johnson
Legal Finance Co-Op
Sat Jun 01 2013 00:00:00 GMT+0000 (Coordinated Universal Time) — Wed Jan 01 2014 00:00:00 GMT+0000 (Coordinated Universal Time)
Wbb Securities
Healthcare Research Analyst Intern
Fri Feb 01 2013 00:00:00 GMT+0000 (Coordinated Universal Time) — Sat Jun 01 2013 00:00:00 GMT+0000 (Coordinated Universal Time)
Us Courts Of Appeals
Temporary Case Manager
Sun May 01 2011 00:00:00 GMT+0000 (Coordinated Universal Time) — Sat Sep 01 2012 00:00:00 GMT+0000 (Coordinated Universal Time)