Larry Bolsch

Accomplished Finance Executive

Role
Senior Director of Finance at IEEE
Location
Monmouth Beach, NJ, US
LinkedIn followers
500 followers
Finance & AccountingView LinkedIn profile

About Larry Bolsch

VALUE PROPOSITION I deliver solid results across financial strategy, operations…

Experience

  1. Senior Director of Finance

    IEEE

    Dec 2009 — Present · Piscataway, NJ, US

    Manages eight team members engaged in Finance, Treasury, Banking, Balance Sheet Analysis, Accounts Payable, Accounts Receivable, Budgeting, and Reporting for two global business units. Works with volunteers and leaders across all business units to report on operations across the United States, as well as in global offices in India, China, Singapore, and Russia. Partnered with Legal and Treasury to register offshore accounts to add US staff members as signatories; reduced noncompliant accounts from 700 to fewer than 50 over three years. Effectively managed projects that included MD & A, audits, management responses to audits, and other initiatives. Migrated paper-based reporting to digital formats using the NetSuite platform. Developed Business Continuity and Disaster Recovery protocols in cooperation with Technology and Risk/Insurance teams. Authored a formal Accounting policy and procedures manual, as well as allocation process documentation and year-end process improvements that secured gains in accruals, reporting, and other areas. Shortened the month-end close period by one week, and the year-end close process by one month. Improved reporting to 98% compliance, an increase from 90% in prior years. Introduced compliance and online reporting to ensure the satisfaction of external audit requirements, leading to the removal of two Management Letter Audit Comments related to banking and reporting.ABOUT is the world’s largest professional association dedicated to advancing technological innovation and excellence for the benefit of humanity. and its members inspire a global community through its highly cited publications, conferences, technology standards, and professional and educational activities.

Education

  • Pace University - Lubin School of Business

    Bachelor of Business Administration (BBA)

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Larry Bolsch — Senior Director of Finance at IEEE in Monmouth Beach, NJ, US | Unifers