George Sarno
About George Sarno
George Sarno serves as the Deputy Director of Financial Planning at Hearst, where he leads a team and manages a capital budget exceeding $150 million. He has been with the company since 2004 and is responsible for preparing key financial documents and implementing financial management systems.
Work at Hearst
George Sarno has served as the Deputy Director of Financial Planning at Hearst since 2004. In this role, he leads a team of three staff members within the financial planning department. His responsibilities include managing a capital budget exceeding $150 million, which involves budget preparation and expenditure approval. Sarno has played a key role in implementing a Corporate Financial Management Reporting System using Hyperion Essbase and related products, enhancing the financial reporting capabilities for Hearst Management.
Education and Expertise
George Sarno studied at the State University of New York at Fredonia from 1994 to 1996. His educational background has provided him with a solid foundation in financial planning and management. Sarno's expertise includes the preparation of comprehensive financial documents such as the Five Year Plan, Profit Plan, and Forecast of Interest Expense/Income. He is also proficient in using Hyperion Planning and Financial Management applications, serving as the System Administrator for these systems.
Background
George Sarno has over 20 years of experience in financial planning, specifically in his current role at Hearst. His career has been marked by significant contributions to financial management processes, including the successful implementation of new capital budget and planning procedures. Sarno's work involves preparing quarterly and annual competitive analyses, as well as start-up and acquisition analyses, which support strategic decision-making within the organization.
Achievements
In his capacity as Deputy Director of Financial Planning, George Sarno has successfully managed the implementation of various financial management systems and procedures. He regularly prepares presentations for the Board of Directors and banks, utilizing PowerPoint to communicate financial insights. His efforts in enhancing financial reporting and analysis have contributed to the overall efficiency of Hearst's financial planning operations.