Raj Raithatha: Associate Manager, Capital Planning in Pasadena, CA

Responsible for all aspects of the Capital Budget for the Venues division (Owned & Operated Amphitheaters). Responsibilities: • Manage the preparation, administration and tracking of the annual capital budget for the division totaling $91MM and consisting of 50+ venues. • Review, analyze and track national initiatives. • Coordinate monthly reallocation process which identifies & balances the total capital for the division. • Produce monthly reforecasts of cash flows for national initiatives. • Aid project managers with project tracking. • Conduct training for venues personnel on use of the planning system. Key Accomplishments: • Implemented SAP BPC to streamline Capital Budget submissions. • Developed processes for the implementation of SAP BPC for monthly cash flow reforecasts. • Created processes to track vendor agreements and their corresponding invoices. • Played a key role in the implementation of Power Automate/Microsoft Flows to more efficiently process project invoices.

Responsible for all facets of planning, organizing, and executing the Network Engineering & Operations (NE&O) financial planning process. Responsibilities: • Effectively managed the preparation and administration of the annual operating budget for the NE&O division totaling $357MM and consisting of 100+ operating and management departments. • Perform critical review, analysis and consolidation of divisional annual budgets, and quarterly forecasts. • Assist in drafting the narratives that support the underlying assumptions of the fiscal year budgets. • Support senior management in the development of long term strategic and financial plans. • Employee hiring, onboarding, and performance management. Key Accomplishments: • Produced zero-based budgets for cable and broadcast television groups which consist of costs from Post Production, Broadcast Operations, Stage Production, Facilities, Engineering, and Digital Media. • Served as division lead in the successful implementation of COGNOS and TM1 for budgeting and forecasting. • Reduced union labor costs by 5% by producing Shift Tracking templates in order to gauge efficiencies in labor scheduling.

Responsible for the preparation and management of all IT budgets, driving internal improvement projects and initiatives, and providing a broad range of financial and accounting support to the IT division. Responsibilities: • Effectively managed the preparation and administration of the annual operating, capital and cash flow budgets (Operating $40MM & Capital $42MM). • Performed monthly and quarterly close activities. • Coordinated and provided oversight for all Capital Appropriation requests. • Audited capital projects to ensure appropriateness of charges. • Assisted auditors during audit reviews and responded to open audit issues. • Performed fixed asset analysis on a quarterly basis. • Applied standard accounting concepts and principles. • Coordinated purchasing activities. • Employee hiring, onboarding, and performance management. • Invoice processing.

Member of management team that was responsible for the consolidation and reporting of the company-wide overhead budgets and estimates. Prepared monthly overhead reporting schedules and variance analysis for senior management. Managed the overhead budgets for various corporate departments.

Lead analyst responsible for the consolidation and reporting of Paramount Stations capital expenditures and cash flows.

Member of corporate financial reporting team responsible for maintaining & reporting various inter-company, suspense, and balance sheet accounts.

Assisted senior management with the consolidation and preparation of a monthly overhead summary report.