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Bob Labrie

My name is Bob Labrie. I am looking to bring my transition management, strategic planning, forecasting, reporting, and analysis background to a company that can benefit from these skills. My degree in Accounting has proven to be a valuable asset in the establishment of sustainable processes that supported the businesses and underlying financials of the companies that I have worked for.


For Bob Labrie over the past 12 years, change was the one constant he could always count on. Company mergers, acquisitions and IPO?s resulted in his working for 4 different owners (Phoenix, GE Fin'l Assurance, Genworth Fin'l and Sun Life Fin'l) but the same core group of people. As an accounting professional with experience in global multi-site organizations, he understands the complexities of developing and implementing large scale business plans, forecasting and in-depth analysis of results. In addition to his work in finance and accounting, Bob Labrie is a professional firefighter. In that role he has been known to put out ?fires? at work as well as at home in the community in which he lives. However, he firmly believes that prevention is the best form of ?fire? suppression in both worlds. During his tenure at GE Financial Assurance, Six Sigma Quality training instilled in him the need to be constantly on the lookout for process improvement. Building repeatable processes through automation and the use of technology could be found throughout his subsequent work at Genworth and Sun Life. Bob Labrie's background also includes the following roles: Delegate?WiredWest (Telecom industry) 2010?Present, Goshen, MA A group of advocates founded WiredWest in 2010 and began planning a municipal fiber-optic network in Western MA. The network will enable high quality and affordable internet, phone, television and ancillary services to all residents, businesses and institutions who want service, in participating Western MA towns. As Goshen?s delegate to WiredWest, Bob Labrie was responsible for creating GoLight - Goshen's Municipal Lighting Plant (MLP) through the passage of articles at two Town meetings. Bob has since been appointed by the Town to serve as the manager for GoLight. 
 Senior Patroller/Hill Captain/Trainer - Ski Butternut 1992?Present, Great Barrington, MA Captain & Technology Officer - Goshen Fire Dept. 1990?Present, Goshen, MA Board Member/Past President - Hammond Acres Club, Inc. 1990?Present, Goshen MA

Bob Labrie's Background

Bob Labrie's Experience

Director, Statutory Reporting & Expense Management, Finance Officer at Sun Life Financial

2007 - 2011

Reported to the AVP, Controller with a staff of four direct reports. Responsible for the statutory reporting for all Group businesses. Additionally, accountable for state filings, escheatment, audit coordination plus detailed analysis and financial management of all reporting aspects for several companies. ? Identified, documented and implemented over twenty cross functional NAIC process flows for several legal entities that formalized controls for the year-end close process. This introduced efficiencies to the process through standardization across multiple business platforms. ? Directed and coordinated the use of the year-end task calendar to include deliverables for all legal entities. Initiated daily inter-departmental calls during the period which resulted in a more streamlined process that found the team exceeding corporate reporting deadlines. ? Re-engineered the state filing process through digitization which resulted in significantly less overtime during year end reporting period. ? Implemented more stringent internal controls for one of the legal entities in 2009 which led to a successful audit finding for the year averting predecessor?s two previous material weakness letters. ? Enhanced third party reporting relationship and coordination with that entity which included contract renewals and pricing evaluations. Recognized by management for successfully transitioning block back to business owner in 2010.

Director - Financial Planning & Analysis, Finance Officer at Sun Life Financial

2007 - 2008

Reported to the AVP, Controller. Promoted to this newly created position shortly after the acquisition of the Genworth Group business by Sun Life Financial. Directed the division wide Financial Reporting and Expense functions as well as a Windsor based Accounts Payable position with a staff of 6 which included 4 direct reports. Additional responsibilities included oversight of the monthly accounting close process, internal and external audit coordination, budgeting, accounts payable, account reconciliations and year end reporting for the EBG businesses. ? Consolidated and stabilized operations during a period of high turnover and low morale. ? Transitioned acquired business to a monthly close through the introduction of Genworth best practices. ? Successfully consolidated all financial reporting (US GAAP and CGAAP) for the newly expanded business unit including variance analysis to senior management. ? Drove preparation and review of the annual budgets which included direct collaboration with members of the EBG Senior Leadership team ? a process that was absent in prior years. ? As the central point of contact for external auditors (Deloitte & Touche), collaborated with IT to develop detailed year end reports that reduced overall engagement fees by 20%.

Leader, Financial Planning & Analysis, Officer at Genworth Financial

2004 - 2007

Reported to the FP&A Manager. After a successful IPO, took on the FP&A role during a time of high turnover and the need for stable transition management. Managed the various planning cycles coupled with the analysis of GAAP and STAT Balance Sheet and Income Statement results. ? Championed the Core Project and General Ledger rewrite teams which brought about a simultaneous GAAP and STAT month-end close and an 80% reduction in closing times and a significant reduction in the number of account reconciliations performed. ? Developed new SEC financial reporting standards (10Q and 10K) for the EBG business segment. ? Genworth-wide team leader for General Ledger rewrite project as it related to products. ? Stabilized the various planning cycles through process automation and mapping. ? Key enabler of the transition to a true month end chose from a mid-month close. ? Received GE?s highest team award as member of IPO team responsible for restating historical financials.

Leader, Financial Reporting, Officer at G.E. Financial Assurance

2000 - 2004

Led the effort to migrate 4 subsidiaries of Phoenix American Life to the Employee Services Group (ESG) after being acquired by GEFA ? a subsidiary of General Electric. Reported to the ESG Controller as Manager of Accounting and Financial Reporting during the transition period. Heavily involved in month-end closing, quarterly SEC disclosures and year-end financial reporting for 7 legal entities. ? Served on the Payroll and General Ledger transition teams and was recognized with an Everest Award in 2001. ? Established an account reconciliation process for all balance sheet accounts. ? Trained, mentored and developed a newly formed 11-person account reconciliation team in India. ? Central point of contact for outside auditors ? KPMG and PriceWaterhouseCoopers. ? Coordinated the collection of financial / operational data required for state licensing.

Director of Finance, Officer at Phoenix American Life

1999 - 2000

Reported to both the Chief Actuary and VP of Operations at Phoenix American Life (PAL). Oversaw the financial and operational reporting responsibilities of 4 subsidiaries with a staff of 3 site controllers and one Human Resources generalist.

Manager of Accounting Operations at Unicare

April 1996 - February 1998

Reported to the VP of Finance. Recommended by the Executive VP to establish the Accounting Operations department. This new entity was created following the sale of MassMutual?s Group Life & Health Insurance division to WellPoint Health Networks in April, 1996. Defined and staffed the Accounts Payable, Bank Reconciliation and Purchasing functions with 5 direct reports. ? Oversaw the transition to new print, graphic service and warehouse vendors. ? Developed internal controls to monitor the distribution of draft and check stock. ? Migrated over 50 former MassMutual bank accounts to the WellPoint bank reconciliation system.

Director of Financial Operations at MassMutual Financial Group

January 1986 - April 1996

Held a variety of increasingly responsible positions from Assistant Accountant to Controller to Director of Financial Operations in the Corporate Financial and Group Life & Health Divisions.

Bob Labrie's Education

General Electric Co.

2002 – 2002

Six-Sigma Green Belt Quality Certification


Western New England College

1978 – 1982

BSBA

Concentration: Accounting

Activities: Photo Editor, Westerner Newspaper


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