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Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

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Page 1: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

-500,000

ACCOUNTING & FINANCE CAREERS

Alan ZindlerCorporate Audit Manager

Motorola, Inc

Page 2: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

About Motorola

• 2001 Sales: $30.0 Billion

• Employees: 95,000 Worldwide

• Major Business Segments• Personal Communications• Communication Networks• Semiconductor Products• Integrated Electronics Systems

Page 3: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

– Brazil– China & Hong

Kong– France– Germany – India

–Ireland–Israel–Japan–Malay

sia–Mexic

o

– Singapore– United

Kingdom & Northern

Ireland– United States

Motorola’s International Presence

Over 700 Locations in 70 Countries

57 Manufacturing Facilities Worldwide • 13 Countries

Page 4: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

-500,000

ACCOUNTING & FINANCE - FUNDAMENTAL ROLES

•SAFEGUARD THE ASSETS

•ENSURE INTEGRITY IN FINANCIAL STATEMENTS

•PARTNER IN BUSINESS DECISIONS

Page 5: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

-500,000

Job Title: Credit Analyst.

You have a customer which buys about $ 10 K per month and has a slow pay history. The customer needs to upgrade their network and the salesperson obtained a $ 10M contract (which makes his quota for the year). You analyze the customer’s financial statements and it looks like they can’t afford an order this big…..

Role: Safeguard Assets/Be a Partner

Solution: Standby Letter of Credit

Page 6: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

-500,000

Job Title: Inter-company Accountant

The inter-company billing of product manufactured in the UK, shipped to China, but billed to the U.S. should produce no net sale or cost of sale. You review the entries, but there is a negative gross margin in the consolidated P&L…...

Role: Ensure Integrity in the Financial Statements

Solution: Analyze Transfer Price

Page 7: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

-500,000

Job Title: Financial Analyst

You have just completed the 1st pass of the 2003 financial plan and determine your selling prices are decreasing faster than costs. You have been asked to revise the plan so there is no margin deterioration….

Role: Ensure Integrity in the Financial Statements/Be a Partner

Solution: Feedback to Operations Mgmt, Set targets, drive commitment to cost reduction

Page 8: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

-500,000

WHAT DO WE LOOK FOR?

•BS ACCOUNTING OR FINANCE

•12 HOURS ACCOUNTING

•PERSEVERANCE

•WANTS TO ROTATE/DEVELOP

•MATURE

•FLEXIBLE/ADAPTIVE

•CLEAR COMMUNICATOR

•PROBLEM SOLVER

•LEADER

•TEAM BUILDER/PLAYER

•THINK GLOBALLY

•INTEREST IN MOTOROLA

•NUMBERS ORIENTED

•DECISION MAKER

Page 9: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

TheL.E.E.P.Program

Page 10: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

LEEP Program Description

3 year program, structured around our external and internal customers, with two 18 month assignments

• New classes begin in January & July

Career enhancing and technical training

Program Advisors to provide ongoing career development assistance

Rotational Assignments in Arizona, Illinois, Florida, and Texas

Various experiences with upper management exposure

Promotional opportunities throughout the program based on performance

Page 11: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

LEEP Rotation Positions

11stst Rotation Opportunities Rotation Opportunities• Regional Business

Manager• Contract or Credit Analyst• Intercompany Accountant

22ndnd Rotation Opportunities Rotation Opportunities Advanced 1st Rotation Position Capital Accountant Financial Analyst Market Service Analyst

Assignments determined on business needs with focus on…

providing internal and external customer exposure

providing varied business exposure

Page 12: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

Job Descriptions – LEEP & Beyond

Contracts Analyst:Manage customer contracts, prepare risk assessments and recommend reserve positions, conduct reviews with operating teams, forecast collections, and revenue recognition.Gain customer and product knowledge

Accounting Supervisor:Supervise financial closing processes ensure proper reporting of financial results, interpret accounting policies and standard procedures, oversee account reconciliations, and analyses.Understand reporting systems and processes

Audit/Internal Controls Specialist:Conduct internal control reviews, recommend corrective actions to management, and develop and implement self audit procedures.Gain exposure to all areas of the business

Financial Analyst /Operations Controller:Partner with business teams, project revenue and cost positions, develop annual and long range financial plans and strategies, and analyze business opportunities.Gain overall business experience working with various disciplines

Page 13: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

Finance OperationsFinance Operationsdeveloping people and process management skills

Business ManagementBusiness Management partnering with operations in running day to day businesses

Technical Skills/GovernanceTechnical Skills/Governancecapturing Motorola from a broad perspective and developing experience in technical

specialties

Motorola’s commitment to on-going developmental rotations gives YOU the flexibility to design the career path that fits your

personal & professional goals.

FIN

AN

CE

OP

ER

ATI

ON

S

BUSINESS MANAGEMENT

TEC

HN

ICA

L SK

ILLS / G

OV

ER

NA

NC

E

COMPLIANCE AND CONTROL

CO

MP

LIA

NC

E A

ND

CO

NTR

OL

CO

MP

LIAN

CE

AN

D C

ON

TRO

L

ENABLERS!

IESS

SPS Corp

Networks

PCS

Page 14: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002

Sample Career Path

EducationEducation• B.S. Fin/Acctg – Indiana University, 2003• M.B.A.– University of Chicago, 2007

Motorola RotationsMotorola Rotations• 1st L.E.E.P Rotation – Contract Analyst – GTSS

• 2nd L.E.E.P Rotation – Capital Accountant – CORP

• Corporate Audit – CORP

• Financial Manager – IESS

• Operations Controller – IESS

• Senior Manufacturing Controller – CGISS

• North America Division Controller – PCS

• Asia Pacific V.P. of Finance – PCS

Page 15: Indiana University POOPS September 2002 -500,000 ACCOUNTING & FINANCE CAREERS Alan Zindler Corporate Audit Manager Motorola, Inc

Indiana University POOPS September 2002