Richard J Reid
About Richard J Reid
Richard J. Reid is a Senior Budget Analyst at Penguin Random House in the Greater New York City Area, with a background in financial planning and management.
Title
Richard J Reid is currently serving as a Senior Budget Analyst at Penguin Random House, stationed in the Greater New York City Area.
Current Role and Responsibilities
As a Senior Budget Analyst at Penguin Random House, Richard J Reid coordinates the preparation of annual profit and loss budgets and quarterly reforecasts, focusing on the Mass Market and Trade Paperback divisions. He reviews imprint P&L's for proper consolidation into the Penguin Group (USA) Inc. rollup. Additionally, Richard prepares monthly comparative net sales build-up schedules for Young Reader, Mass Market, and Trade Paperback imprints. He supports the Director of Financial Planning by preparing monthly comparative title P&L's for commentary.
Previous Experience
Prior to his current position, Richard J Reid was a Front End Supervisor at The Reserve Restaurant from 2005 to 2007. He has a long history with Penguin Group (USA) Inc/Pearson Business Services, where he served as Cooperative Advertising Manager from 2000 to 2005, Senior Coop Analyst from 1999 to 2000, and Assistant Manager in Accounts Receivable from 1998 to 1999.
Education and Expertise
Richard J Reid earned a Bachelor of Science degree in Hotel Management from Bryant University, completing his studies between 1986 and 1992. This educational background in hotel management has provided him with a strong foundation in systematic planning and financial analysis.
Key Contributions and Duties
Richard J Reid is responsible for coordinating the receipt of planning information from external sources, including royalty data and costs related to plant, paper, printing, and binding. He develops and documents key assumptions necessary for compiling financial plans and validates footings and cross-footings for all sales blocks and other supporting schedules. His role is integral to ensuring accurate financial documentation and planning at Penguin Random House.