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Lamont Corprew

Chief Financial Officer - Prince George's County Memorial Library System

Hanover, MD

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Work Experience

Chief Financial Officer

Prince George's County Memorial Library System
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Hyattsville, MD
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2011 to Present

Manages the preparation of the annual operating budget and capital budget for presentation to PG County Council 
• Monitors financial performance compared to budget/forecast to insure compliance with objectives 
• Establish and implement policies and procedures that will enhance internal controls of PGMLS resources 
• Directs the annual budget submissions and administers approved budgets. 
• Provide recommendations and implement procedures that will augment the effectiveness of operations 
• Manage, train, communicate and develop the Corporate Finance Department in addition to other business offices to provide "best practices" 
• Develop and implement Strategic Plan for the Corporate Finance Department with specific goals, objectives and timelines 
• Manages the cash flow of general, grant and gift funds 
• Developed operational, internal control and cash control procedures 
• Structured accounting, inventory and purchasing systems 
• Oversees automated financial reporting systems 
• Oversees Risk Management Function 
• Oversees Procurement Function 
• Oversees Capital Improvement Function 
• Administers the operation of accounts payable and accounts receivable including collections 
• Administers the operation of payroll 
• Provide certification of the accuracy of the financial statements and manage external audit process

Senior Director of Finance

National Association of Broadcasters
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Washington, DC
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2008 to 2010

Responsible for Financial Reporting for NAB and affiliated entities with multiple funding streams 
• Financial analysis and projections; a. business partner to executive team 
• Prepare Annual Budgets for NAB affiliated entities 
• Responsible for […] 1120 and D20 tax forms, UBIT, taxes for different types of revenues 
• Prepare report for distribution to executive committee of the Board of Directors 
• Manage Audit Preparation 
• Report writing expertise in Great Plains 
• Manage investment portfolio and develop portfolio of assets 
• Mentor and supervise departmental staff

Assistant Corporate Controller

BET Networks LLC
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Washington, DC
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2007 to 2008

Manage the preparation of schedules and reports in support of disclosures made by Viacom in SEC filings 
• Document and present explanations for income statement and balance sheet variances compared to budget and prior periods 
• Review and analyze financial submissions received from finance staff 
• Establish/Update policies and procedures that will enhance internal controls of company resources and submit to Viacom POPP site 
• Report financial results to CFO and other members of BET/Viacom management 
• Ensure application of Viacom accounting policies and procedures 
• Provide support and representations to management to allow sign-off on Sarbanes-Oxley representations 
• Provide certification of the accuracy of the financial statements 
• Provided support for social media and marketing for ecommerce business 
• Ensure application of Viacom accounting policies and procedures

Vice President- Corporate Controller

TV ONE CABLE NETWORK
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Silver Spring, MD
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2005 to 2007

Manage the preparation of the annual operating budget and capital budget for presentation to Board of Managers 
• Monitor financial performance compared to budget/forecast to insure compliance with objectives 
• Establish and implement policies and procedures that will enhance internal controls of company resources 
• Provide recommendations and implement procedures that will augment the effectiveness of operations 
• Provide certification of the accuracy of the financial statements and manage external audit process 
• Report results of operation to senior management 
• Provided leadership in the creation for ecommerce business including business model 
• Manage, train, communicate and develop the Corporate Finance Department in addition to other business offices to provide "best practices" 
• Develop and implement Strategic Plan for the Corporate Finance Department with specific goals, objectives and timelines

Stock Analyst

LEGG MASON INVESTMENT BANK
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Baltimore, MD
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2003 to 2005

Created media/broadcast department and developed fundamental structure 
• Initiated roll-out of new media research coverage for "Wall Street" investment bank 
• Published industry research reports for institutional investors, including mutual funds and hedge funds 
• Developed financial and valuation models for various broadcasting companies 
• Advised brokers and buy-side analyst on major investments and portfolio selection 
• Provided analysis of merger, acquisition and divestures for investment professionals as well as company management 
• Made stock recommendations and earnings forecast that could impact pricing of various media securities

Vice President Finance/Administration

FOX TELEVISION STATIONS, INC
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Minneapolis, MN
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2002 to 2003

P&L responsibility for 2 television stations, a cable operation (12 direct reports 250+ staff). 
• Consolidated $100+ million financial operation of three entities resulting from merger/acquisition. 
• Achieved over $1 million in savings by consolidation/restructuring. 
• Played key role in affiliation switch which significantly increased market share. 
• 30% increase in profit margin 
 
WUTB-TV, Baltimore, MD 
Vice President Finance/Administration 
• P&L responsibility for 1 television station $30+ million financial operation (4 direct reports) 
• Created financial division and developed operating procedures resulting from spin-off. 
• Developed operational, internal control and cash control procedures in conjunction with station acquisition 
• Structured accounting, sales, inventory and purchasing systems 
• 20% increase in profit margin 
 
CBS TELEVISION STATIONS, INC.

Controller

WJZ-TV
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Baltimore, MD
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1996 to 2002

P&L responsibility for television station and 4 direct reports. 
• Surpassed 1996 budget target by $2.8 million with 16% increase in net profit; exceeded 1997 budget target by $268K+ with 18% net profit increase; and surpassed 1998 budget target by $250K+ with 23% net profit growth. 
• Key in lease and sponsorship of 1st helicopter, saving $450K+ in operating costs. 
• Achieved $200K+ in savings through conversion of music license program. 
• Saved $100K annually through implementation of system, which improved daily sales outstanding by 3 days. 
• Generated $250K in savings through reduction in overtime and casual costs. 
• Played dual role of controller and revenue generator working with key executives as operating profits grew 77%+. 
 
TOTAL HEALTH CARE, INC., Baltimore, MD 1993 to 1995 
Controller 
 
• Held P&L management responsibility for HMO organization with $45 million budget and 20-person staff. 
• Restructured staff to reduce temporary costs and increase efficiencies. Managed corporate financial reporting. 
• Ensured documents were in conformity with budgets. Recommended software system to handle financial needs.

Director of Finance

HEALTH EDUCATION RESOURCE ORGANIZATION
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Baltimore, MD
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1989 to 1993

Established financial reporting structure for nonprofit startup. Operating budget doubled in 4 years. 
• Implemented procedures and administered Novell LAN system. 
• Assisted with grant writing and fund-raising efforts.

Assistant Group Controller

The ROUSE COMPANY
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Columbia, MD
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1987 to 1989

Ensured profitability of 5 mall properties through management of operating accountants.

Senior Fund Accountant

T. ROWE PRICE INVESTMENT FIRM
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Baltimore, MD
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1985 to 1987

Supervised 3 assistants who maintained financial records for 2 large investment products.

Accountant, Public

JENNINGS
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Baltimore, MD
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1983 to 1985

Accounting / Audit-in-Charge 
 
Expertise in leading companies to greater profitability as evident by Employer ROI 
 
• Negotiated Licensing Deal for Lottery Resulting in Savings of […] 
• Negotiated sale of unused inventory resulting in revenue of […] 
• Reduced Overtime and casual costs annual […] 
• Merger/Acquisition saving per year […] 
• Developed financial model for ecommerce business […] 
• Leased Facility generating incremental revenue annually […] 
• Negotiated Programming Deal net profit (3 consecutive years) […] 
• Negotiated new vendor contracts savings […] 
• Managed Risk Management savings from previous year […] 
• Reorganization of middle management structure savings […]

Education

Masters of Business Administration

Loyola College of Maryland

Bachelor of Science in Accounting

University of Maryland