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Indiana University POOPS September 2002
-500,000
ACCOUNTING & FINANCE CAREERS
Alan ZindlerCorporate 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
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
Indiana University POOPS September 2002
-500,000
ACCOUNTING & FINANCE - FUNDAMENTAL ROLES
•SAFEGUARD THE ASSETS
•ENSURE INTEGRITY IN FINANCIAL STATEMENTS
•PARTNER IN BUSINESS DECISIONS
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
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
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
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
Indiana University POOPS September 2002
TheL.E.E.P.Program
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
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
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
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
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ATI
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BUSINESS MANAGEMENT
TEC
HN
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L SK
ILLS / G
OV
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NA
NC
E
COMPLIANCE AND CONTROL
CO
MP
LIA
NC
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ND
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LIAN
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ENABLERS!
IESS
SPS Corp
Networks
PCS
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
Indiana University POOPS September 2002