Samuel M. Benesi
Canton,MA
Summary
Results oriented Financial Planning and Analysis manager with more than a decade of experience working in global organizations and start-ups. Most recent FP&A roles have been focused on financial transformation, post-M&A integration, financial system enhancement, and corporate strategy. Provides excellent financial stewardship and business partnering which has yielded consistently positive results. Has experience with start-ups to mature organizations.
Overview
9
9
years of professional experience
Work History
Senior FP&A Analyst
Cendyn
10.2023 - 06.2024
- Provided business units with key commentary on actuals to forecast and strategize to cover any targeted savings; most departments given targets from CEO
- Developed dozens of Adaptive and Office Connect models to enhance decision making and financial stewardship
- FP&A lead for enhancement to and development of Adaptive modeling, which included developing or fixing 3 key financial statements, and core reporting
- Lead company through first detailed budget with vendor alignment to improve visibility; previously C suit did not have detailed budget or targets
- Provided key commentary for board of directors reporting and investor decks; this included operation variance analysis, changes to MRR/ARR, and churn for various time periods
- Prepared and streamlined analysis for MRR/ARR, yielding improved visibility
- Built financial model for HR to determine bonus and merit allocation by geography and job grade
- Lead on Adaptive system updates which included NetSuite integrations, troubleshooting, simplification of linked tables, fixes to balance sheet
- Mentored and onboarded junior financial analysts and provided feedback on development
- Automated various financial documents to achieve faster, more standard reporting
- These financial statements were delivered to the Board of Directors, investors, and internal stakeholders
- Solely developed dozens of NetSuite Excel configurations to allow for system integration with Adaptive and detailed commentary
- Consulted with stakeholders on synergy transformation expenses to improve operating performance
- Enhanced sales KPI report which reviews churn, upsell, down-sell, and snowball analysis
- Led post M&A integration activity for 2 new businesses; met with leaders to ensure targets were being met and that the details were accurate and actionable
FP&A Analyst (Team Lead)
IntelyCare
08.2021 - 06.2023
- Key advisor to executives on forecast and annual operating plan; provided strategies to meet target EBITDA goals using scenario analysis
- Finance lead on Adaptive; responsible for developing and maintaining the 3 financial statements, and various ad hoc reporting
- Headed monthly forecast calls with the business units to review monthly and YTD financial results, projections, and vendor planning
- Provided commentary to business units on forecast projections and objectives that need to be accomplished; responsible for $120M of forecasted expenses
- Developed, measured, and presented LTV-CAC analytics which was instrumental in Series C fund raising; reviewed with CFO monthly
- Employed process improvement on Marketing and Recruiting to yield better results on ROIs for advertising, swag, and provider recruiting fees
- Partnered with Data Science on DOMO for special projects to build automated financial metrics, and graphs to improve decision making capabilities
- Met with CMO to discuss internal liquidity metrics by market (revenue, fill rate, average bill rate, margin %); data is used in competition committee
- Self started market index dashboard which identified facility laggards and leaders, resulted in improved insights for sales and marketing
- Saved company $9.4M in Operating Expenses, with guidance targets from Board of Directors to improved efficiencies to meet EBITDA goals
- Strategically remodeled Marketing account structure to working versus non-working to gleam better insights and nimbler in forecasting
- Pitched and headed project tracking financial model; used for tracking large scale projects ROIs against budget and improve resource management
- Uncovered algorithm errors which allowed sales to book negative margin shifts, which resulted in coaching on impacts of adjustments
- Managed 6+6 Forecast overhaul which targeted $20M in expense reductions due to lagging expectations on new market revenue growth
- Spearheaded reporting automation to better leverage internal systems; made improvements to key financial statements for improved visibility
Senior Associate
John Hancock
04.2017 - 08.2021
- Leader on the quadrennial Expense Study which included allocations by business units, products, acquisition, maintenance, and non-policy related
- Updated on Costfit which included a multi-billion dollar cost reduction initiative, waterfall analysis for current year progress, and top ten workstreams
- Distributed and provided commentary on Annuities expense report; detailed functional analysis, maintenance expense ratios, expense gap analysis, and KPIs
- Head meetings with executive leadership and functional leadership to ensure Annuities and Inforce Management captures possible head and tail winds
- Accomplishments
- Jointly developed multiple steps budget process for JH Advices which included 5 year plan, plan over plan, budget by function, and budget by cost center
- Developed and maintained budgets and key expense reports for Signator and Digital Advice which detailed 12 functions and 57 cost centers
- Modernized and automated the US Segment Expense Report by embedding hundreds of Smartview queries, improving accuracy for C-level
Senior Financial Analyst
Mercer
03.2015 - 03.2017
- Developed and maintained budgets, forecasts, and other ad-hoc reports for 6 IT LOBs; Solely responsible for $67M of P&L
- Managed the Balance Sheet budget for IT projects to the agreed-upon amount of $51M plus exceptions
- Met with IT business leaders and key stakeholders to review financial results, capital project spend, forecast, and budget for assigned IT LOBs
- Worked closely with controllership to ensure that accruals, deferrals, shared services between LOBs, and fixed asset setups were timely and accurate
- Delivered commentary on MTD actual vs. forecast, MTD actual vs. budget, and YTD actual vs. budget to both CFO of Mercer Services and CIOs of LOBs
- Routinely met with senior leadership regarding $5.4m spend in securitization, leading to better visibility in financials and improved forecasts
Education
Master of Business Administration - Business Administration
Boston University
Boston, MA05.2022
Bachelor of Science Degree - Economics
Northeastern University
Boston, MA05.2012
Skills
- Scenario analysis
- Industry analysis
- Relationship building
- Revenue forecasting
- Strategic planning
- Profitability analysis
- Variance analysis
- Business partnering
- Board and investor deck reporting
- Financial statement analysis
- Budget forecasting
- Financial systems
Timeline
Senior FP&A Analyst
Cendyn
10.2023 - 06.2024
FP&A Analyst (Team Lead)
IntelyCare
08.2021 - 06.2023
Senior Associate
John Hancock
04.2017 - 08.2021
Senior Financial Analyst
Mercer
03.2015 - 03.2017
Master of Business Administration - Business Administration
Boston University
Bachelor of Science Degree - Economics
Northeastern University
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