Thomas Luty, CPA, MBA

Corporate Controller at ELM Home & Building Solutions
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Location
Harrison, New Jersey, United States, JE

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Experience

    • United States
    • Wholesale Building Materials
    • 100 - 200 Employee
    • Corporate Controller
      • Aug 2022 - Present
    • United States
    • Financial Services
    • 700 & Above Employee
    • Controller at Marsh McLennan
      • Mar 2011 - Aug 2022

      Controller of US operating companies with $4B in annual revenues. Accountable for Balance Sheet and P&L management including month end close, management of audits and internal controls, financial statement schedule preparation, budgeting and forecasting, policy development and management and engagement of team members. Controller of US operating companies with $4B in annual revenues. Accountable for Balance Sheet and P&L management including month end close, management of audits and internal controls, financial statement schedule preparation, budgeting and forecasting, policy development and management and engagement of team members.

    • Director of Financial Planning and Analysis
      • 2009 - 2011

      Finance leader for Walmart sales team, with responsibility for P&L management and decision support of approximately $1B in Net Sales and $450M in Gross Margin.

    • Director Of Accounting Services
      • 2004 - 2009

      Managed the North American general ledger of approximately $6B in sales and $5B in assets. Oversight of monthly closing procedures, preparation of financial statements and supporting schedules in accordance with GAAP and capital budget management. Reviewed key financial data quarterly with the Divisional CFOs and Corporate Controller. Transformed the Finance and Accounting Services department from a transaction-entry group into a World-Class finance and accounting function.

    • Senior Manager Internal Audit
      • 2001 - 2004

      Responsible for development and execution of the annual audit plan, supervision of a team of fourteen financial, operational and technology auditors, and management of the $2M annual audit budget.

Education

  • University of Pennsylvania
    Master of Business Administration - MBA, Finance, General
  • Bryant University
    Bachelor of Science - BS, Accounting

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