Ben Fong
Vice President - Studio Operations Finance and Controls @Paramount Pictures
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WORK HISTORY
Vice President - Studio Operations Finance and Controls @Paramount Pictures
In my current role at Paramount Pictures, I have the privilege of leading the finance and accounting functions for the studio operations division. My focus is on driving financial and operational excellence through strategic initiatives and team leadership.• Strategic Cost Management: Successfully managed $80M of the studio\'s landlord costs, implementing controls and efficiencies to limit annual growth to just 3% over 5 years.• Capital Budget Leadership: Formulated and oversaw a $40M capital budget and forecasting model, ensuring adherence to financial governance and enabling ROI-centric decision-making.• Revenue Growth Initiatives: Developed a tailored financial model for a $30M office rental business, integrating vacancy analytics to inform strategic leasing decisions, increasing revenue by 25%.• Strategic Leadership: Directed the financial due diligence supporting the $1.8B divestiture of CBS Radford Studio and was instrumental in executing the certification of stages to qualify for the $750M film credit from the CA Film Commission.
EDUCATION
Pepperdine Graziadio Business School
Master of Business Administration - MBA, Business Administration and Management
California State University, Northridge
BS, Business Administration and Management (MIS/Accounting)
ABOUT BEN FONG
As an accomplished finance executive, I bring over 20 years of expertise in revolutionizing financial and operational processes within global media giants. My journey is characterized by a dynamic approach to financial strategy and a forward-thinking vision that consistently propels organizations to industry leadership in highly competitive landscapes. My career is marked by a deep understanding of the intersection between business acumen and financial innovation. I excel in transforming financial systems, streamlining procedures, and instilling operational excellence. This proficiency is underscored by my success in reducing Paramount Pictures\' monthly financial close process from 7 days to 3, setting a new company standard for efficiency. I thrive in environments that demand an entrepreneurial mindset, aligning my strategic initiatives with the broader vision of the enterprise. My leadership style is centered around building powerful, performance-driven teams, effectively communicating vision, and ensuring operational excellence. I am adept at navigating complex financial landscapes, from leading due diligence in multi-million dollar transactions to creating revenue-enhancing financial models. My approach is always proactive, hands-on, and focused on driving innovation and excellence across all financial operations.
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