Okoro, Ike
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April 27th, 2004.
To Joseph Ruggiero - Town Supervisor
Gloria Morse - Town Clerk.
I will like to be considered for an opening in the Board of Assessment Review ofWappingers
Falls Town.
I have attached my resume and I will be very glad to answer any questions on my background you
may have and how I can be offurther assistance and support to our town.
I thank you.
~{ww
Ike Okaro.
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IKE OKORO
Phone: 84S~296-0444 (Home); 845-894-4188 (Work)
E-mail: iokoro@yahoo.com
okoroi@US.ibm.com
EDUCATION
Kogod Business Schoo~ AJnerican University
MBA _ FinanceJIntemational Business, DEe 1991
BA - Economics, University of'Nigcria
Experience
mM Corporation (Corporate) 1998 to Present
Cost CordiDator - Procurement: finance (2002 - Present)
rmManaged cost measurement program including "ariance analysis for four business units
covering $2.0 billion in production pertS spending worldwide.
~Responsible for the provision of systematic benchntarking analysis for the products procured by
the business units and independent traeking of petfonnance against cost reduction targets
assigned to the units.
[!)Responsible for the gathering of data from external consultants, public websites and internal
IBM sources to assemble an objective view of petfonnance versus competition.
[B]Conduct monthly business review with business unit executives and department maDagef5
highlighting action items, industIy trends and wealc.er-pcrfonning areas..
(EJperfonn cross group financial analyses, ewluate av~ payment tcrms and recommend
advantages towards optimization and drive component pricc reductions.
IEJWork with peers and across groups in strengthening the rclarlonships with cx:temal
consultants, in defining new and improved IT requirements and in packaging the full set of such
benchmarks into management level communications.
S,mlior Financial Analvst (1999 - 2001)
aDResponsible for the global pricing of electronic componentS, price analysis. part number setup
and coordination of all pricing issues involved in supplying components to IBM contract
manufacturers in an over S1.S BUlion global sales operation.
IBlDeveloped a process for quarterly and snonthly price review with management. product
conunodity Councils, timely and acaaratc price delivery to six global sites. priCJC leverage,
forecast and conunUDication of key pricing trends to the third party operation.
liIParticipated in business case analysis in support of Outsourc;ed Supply Chain ManapneIlt,
maintained a high level of communication with management, business units and the execution sites
and responsible for the integrity of the pricing tool.
tB]Responsible for Capital P1annin& of Division QH in Division 41, prO\'iding analytical support to
management in preparing long range plans. anmW capital budgets, monthly rolling forccuts.
quarterly variance analysis and reviewing actual year end results of operation compared to
forecasts.
fjpancial Anal~ (1998 - 1999)
txlResponsible for annual plan, departmental budgets, monthly rolling forecasts. spending
forecasts, cost estimates, variance analysis, presented and reviewed actual results of operations
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compared to business units plans.
IXlManaged and traeked spending and expenses incurred by the business units and reported to
senior management on monthly basis. provided financial guidance and leadership in management
decisions and consolidated to headquarters pJaflning group.
aDDeveloped assessments and recommendations based on awareness of customers. business unit
stratcgy7 spending rate trends end organiutional changes. Identified problems and performance
cxposures7 provided in-depth analysis of cause and alternative solution approaches, kept
organized records and maintained financial system data requirementS.
liILed a multifunctional team in developina fundin,g requirements for a new program (Sili<X>D on
Insulators) and established a process for rec:overies. (Total 1 st year benefit to the department -
$580.000).
OVEBSEAS PRIVATE INVESTMENT CORPOUDON (Corporate Offices) 1997 - 1998
AnalvstlIntem
Reported to the Senior Financial Analyst of this Federal Government Loan Agency.
lmResponsiblc for the analysis of the annual, quarterly and projected financial statements of
borrower <x>mpanies and hiah1ighted the tioancial indices, gathered and evaluated borrower and
industry information.
IElConstrUctcd a database to monitor loan disbursemCDt and track their performance through
such indices as ROA, ROI, IRR.
rilResponsiblc for the identification and assessment of risks and mitigants, developed and justified
credit structUre and worked closely with borrower management in monitoring ongoing credit
quality and addressing emerging financial needs.
W ASBlNGTON COURT HOTEL 1993 -1996
Nimt Mmwler/Senior Auditor
Reported to the controller and the Operations Manager oftbis 320 room mid-sized upscale hotel.
tmManaged a teaD1 of three in the Night Audit Department and two security staff.
(BlManaged Hotel night audit, customer service, reservations and security for this S4SM a year
hotel operation.
liJDeveloped and implemented a process to crOSS train all Desk Staff in night audit procedure and
ensured accurate data input and reduce errors.
IZIDirected workflow and ensured excellent customer service in a highly oustomer-driven
envirotunent.
Candidate for Project Management Certification
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