Summary
Overview
Work History
Education
Skills
Timeline
Generic

TONY KORKOW

Henderson,NV

Summary

Versatile Procurement / Finance professional with an established track record of exceeding goals. Accustomed to working under strict deadlines and adapting to new and complex projects. Adept at collaborating with internal teams to drive change and achieve positive outcomes.

Overview

25
25
years of professional experience

Work History

DIRECTOR OF STRATEGIC SOURCING

Caesars Entertainment
05.2019 - Current
  • Promoted to Senior Director and increased managerial responsibilities in addition to Director duties
  • Recruited and developed team to manage all procurement functions across IT, Gaming, Marketing and Financial categories
  • Expanded scope of sourcing team to include spend under digital sports betting and online casino, (geolocation, know your customer, merchant processing)
  • Increased effectiveness of Category Management with annual category strategies, quarterly business reviews and more effective vendor / stakeholder management
  • Increased savings yield to >$30M annually on ~$300M in spend.

DIRECTOR OF STRATEGIC SOURCING

Caesars Entertainment
03.2012 - 05.2019
  • Effectively managed and increased savings yield in several of the largest spend contracts across Gaming, Cash Advance and other categories
  • Consistently ranked in top 5 for departmental total value generation
  • Prepared and presented annual Strategic Sourcing department budget, monthly budget vs actual reporting and departmental forecast
  • Negotiated with vendors and internal departments, (Legal, Cybersecurity and Risk) to create business terms favorable to Caesars Entertainment
  • Executive Reporting: Prepared and presented department KPI's and achievements to senior leadership.

MANAGER

Scientific Games, fka Bally Technologies
02.2005 - 03.2012
  • Managed internal budgeting, forecasting and ad-hoc financial reporting for one of the largest international gaming manufacturers
  • Budgeting / Forecasting: Responsible for “bottom up” planning and forecasting for each division within the company
  • Strategic Planning: Collaborated with business unit leaders and company leadership to create and maintain 3 Year Strategic Plan
  • Internal Reporting & Analysis: Consulted with executive management to continually refine and expand key organizational metrics for presentation in standard and executive reporting packages.

SENIOR FINANCIAL ANALYST

Sunterra Corporation
03.1999 - 02.2005
  • Planning / Analysis: Prepared and maintained complex Excel based budget models for all business divisions within $400M Timeshare developer / operator
  • Loan Portfolio Valuation / Analysis: Created static pool analysis on prime / subprime timeshare loan portfolio to better identify cash flows and default risk
  • Reporting: Standardized and automated all internal financial reporting
  • Primary responsibility for all executive reports & presentations

Education

BS - Business Administration, Accounting

University of Nevada, Las
Las Vegas, NV
1993

Skills

  • Leadership
  • Category Management
  • Analytics / Financial Analysis
  • Budgeting & Planning

Timeline

DIRECTOR OF STRATEGIC SOURCING

Caesars Entertainment
05.2019 - Current

DIRECTOR OF STRATEGIC SOURCING

Caesars Entertainment
03.2012 - 05.2019

MANAGER

Scientific Games, fka Bally Technologies
02.2005 - 03.2012

SENIOR FINANCIAL ANALYST

Sunterra Corporation
03.1999 - 02.2005

BS - Business Administration, Accounting

University of Nevada, Las

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