Dan Lawrence

Work History

Work History
Jun 2004 - Present

Vice President, Assistant Corporate Controller

Global Hyatt Corporation

Managed the following groups;

·Global Consolidations and Financial Reporting Group (6 individuals) responsible for consolidation and overall accuracy of financial results, as well as internal and external financial reporting.This group also managed the external audit on a global basis.

·External financial reporting was developed to fully comply with SEC standards in terms of quality and timing as a public company accelerated filer (10-Qs, 10-Ks and Quarterly Earnings Releases).

·Technical Accounting Group (2 individuals) responsible for monitoring accounting literature, implementing new accounting standards and researching technical accounting issues

·General Ledger Group (20 individuals) responsible for Oracle general ledger, processing accounting transactions for North American business units and reconciling balance sheet accounts

·Corporate Shared Services (17 individuals) responsible for processing accounts payable, accounts receivable and payroll for North American business units

·Real Estate Controllership Group (2 individuals) responsible for ownership level accounting and controls for wholly-owned and joint venture real estate assets globally.This group also accounted for acquisitions and dispositions of real estate assets.

·Construction Finance Group (3 individuals) provides financial oversight over Hyatt’s $200+ million annual spend on renovation and building of hotels

Key Accomplishments;

·Strategic leader in transforming Global Hyatt Corporation from a series of disaggregated private companies into a single global hospitality company functioning as publicly traded entity.Drove the necessary changes in the structure and quality of the finance organization, including appropriate staffing, implementing SOx controls and re-engineering processes.Provided education of public company standards and collaborated on process change in non-finance departments within the organization, establishing the appropriate level of financial due diligence and awareness of public company requirements.

·Developed financial statements to full compliance with SEC standards.Managed quarterly reporting process delivering 10-Qs, 10-Ks and Quarterly Earnings Releases, all subjected to the review and approval of the Audit Committee of the Board of Directors

·Accounted for formation of Global Hyatt Corporation, a pooling of hundreds of entities under common control

·Lead project to analyze financial close.Developed and implemented solution converting from a quarterly close to a monthly close.Continuously improved quality and timeliness, driving consolidated global close to seven business days.

·Managed Oracle general ledger system, and oversaw upgrade to Oracle 11i

·Directly oversaw accounting aspects of more than twenty dispositions and over ten acquisitions with a total value of over $2.5 billion, establishing purchase price allocations and development and application of discontinued operations policy

·Lead annual impairment analysis

·Developed global accounting policies

·Re-engineered manual corporate accounts payable function, resulting in a process whereby invoices were imaged, and routed through an electronic workflow system managed by our overseas outsource provider.This re-designed process also dramatically improved working capital management.

·Strategic partner in installation of global consolidation system – Hyperion Financial Management

·Developed monthly internal management reporting, as well as quarterly reporting to support quarterly earnings release

  • Established disclosure and commitment & contingency committees
Jan 1999 - Jun 2004

Director, Global Financial Reporting

Jones Lang Lasalle Inc

·Responsible for producing monthly global financial statements, preparing SEC filings and Annual Report

-Prepared global firm consolidated financial statements

-Ensured accounting in accordance with US GAAP

-Managed external auditor process

-Prepared detailed and high-level financial reports and analysis for internal management and Board of Directors

·Managed SEC filing process.Developed quarterly and annual filings and coordinated review with senior management and Audit Committee.

·Responsible for coordinating the Annual Budget and Quarterly Forecasts

·Played an integral financial role in the merger of the two real estate services firms of LaSalle Partners, primarily a US business, and Jones Lang Wootton, essentially a non-US business to form a global service provider

·Instrumental in implementation, rollout and training of global consolidation and reporting software—Hyperion

·Responsible for all aspects of the ongoing management of our global consolidation and reporting system, from hardware to end users

·Working knowledge of PeopleSoft general ledger

·Played an integral financial role in the firm’s €165 million bond offering in the Netherlands, and managed subsequent accounting for this entity as it developed into the company’s central cash management vehicle

·Established and implemented our transfer pricing process in Asia Pacific

·Responsible for financial compliance to banks under revolving credit agreement

  • Managed five individuals, consisting of; one manager level financial analyst, one manager level SEC reporting specialist, one senior level financial analyst, one senior accountant, and one senior database administrator
Jan 1998 - Jan 1999

Corporate Manager of Financial Reporting and Tax

Dominick's Finer Foods, Inc. (purchased and taken private by Safeway in early 1999)Jan 1998 - Jan 1999

Corporate Manager of Financial Reporting and Tax

·Responsible for consolidating financial statements

·Prepared all SEC filings and Annual Report, as well as financial reporting packages and analysis submitted to internal management and Board of Directors

·Responsible for financial compliance to banks under revolving credit agreement

·Oversaw general liability and worker’s compensation insurance reserves

·Responsible for all aspects of tax planning, compliance and audits related to federal and state income taxes, payroll taxes, sales/use taxes, franchise taxes, charitable foundation filings and employee benefit plans

·Managed 2-3 staff accountants

Jan 1994 - Dec 1997

Manager Audit, Tax & Advisory Group

·Primary contact with many clients and responsible for maintaining client-service relationships

·Duties included providing personal/business financial statements and filing of individual/corporate tax returns

·Managed litigation projects, including the development of strategies and damage analysis

·Research/planning regarding mergers, acquisitions and spin-offs

·Managed a variety of state and federal audits

  • Responsible for the development, career growth and daily work projects of 4-6 staff accountants

Education

Education
Aug 2001 - Aug 2003

MBA

University of Chicago
Aug 1995 - Aug 1997

Masters in Taxation