Sr. FP&A Manager Resume Example Petsmart, Inc

SR. FP&A MANAGER

Professional Summary

Dynamic finance professional with a strong background in all aspects of accounting and financial management across multiple industries. Strong strategic-planning and people-management skills. Successful at managing multiple assignments while meeting tight deadlines. Focused on developing and streamlining procedures and finding innovative, cost-effective solutions.

Summary of Skills

P&L management and analysis
Analytical reasoning
Budget analysis
Financial modeling
Accurate forecasting

Staff leadership and development
Polished communication skills
Business performance improvement
Complex problem solving

Experience

Sr. FP&A Manager 03/2012 to 01/2012 PetSmart, Inc Phoenix, Arizona

Develop the financial plan for controllable store expenses and store level sales for 1,400+ store locations in North America.
Develop the financial plan of annual $1.1B store labor expense across 55,000+ associates and work with the Operations team to achieve actual store labor rate equal to plan.
Assisted the Labor Operations team with their labor improvement program initiative which ddelivered over $100M in labor savings across 5 years, serving as the go-to Finance person for store labor.
Compile and present Business Intelligence Reports, Store Performance Scorecard, monthly Financial reports.
Collaborate with the business to identify and implement process efficiencies, leveraging operating expenses (other than store labor) as a percent of sales.
Develop and enhance various financial reporting dependent on business needs Oversee the review and analysis of monthly, quarterly and annual financial performance of revenue and operational expenses to determine key drivers impacting store P&Ls.
Develop monthly financial forecasts that accurately predict business performance and highlight key issues for senior management and incorporate recommendations from all key business partners.
Analyze actual results vs.
forecasts, budget and prior year; provide detailed measurements and explanations to all variances.
Develop monthly financial forecasts that accurately predict business performance and highlight key issues for senior management and incorporate recommendations from all key business partners.
Manage a staff of 4 senior financial analysts by developing and maintaining performance metrics that focus on continuous improvement via timeliness, accuracy and efficiency measures.
Manage the Inventory Control Department whose primary responsibiity is to maintain the integrity of the company's financial and perpetual inventory through the facilitation of physical inventories, cycle counts, and analytical exception reporting as well as reconciliation of inventory related reserves.
Specific responsibilities include: Preparing annual budgets, ongoing forecasts, and variance analysis related to UNICAP, shrink, item removals, service fees, and departmental expenditures.
Managing the other cost of goods portion of the profit and loss statement through budgeting, forecasting, variance analysis, and the identification/reversal of negative trends.
Monitoring and reconciling key inventory related reserves for obsolescence, inventory shrinkage, and uniform inventory capitalization.
Performing the lead role in analyzing inventory related financial information to provide timely, accurate, actionable information to the business helping to identify areas of concern and negative trends with particular focus on shrinkage, item removals, and obsolescence.

Completes ad hoc inventory related projects and analysis for upper management as necessary.
Meeting and communicating regularly with senior management to discuss inventory related topics including inventory obsolescence the Merchandising department and with Store Operations and Loss Prevention departments to aid in the operational review of shrink related opportunities.
Maintaining relationships with third party inventory service providers including ongoing process improvement, contract review and negotiations.
Facilitating the department's month end close responsibilities including review of all journal entries, reconciliations, and reports.
Providing quarterly support for external reporting (ex.
10Q, 10K, key reserves) including working closely with the company's external public auditors.
Maintaining all SOX documentation related to the Inventory cycle.

Assistant Controller/Director 01/2004 to Current RadioShack Corporation Fort Worth, Texas

Manage financial and accounting functions for the wireless kiosk division with annual sales in excess of $500 million.
Accountability extends to overseeing the timely and accurate preparation and coordination of financial month-end close, including reviewing/approving/posting journal entries, general accounting, account reconciliation, physical inventory reconciliation, and ensuring the validity, accuracy, and completeness of all balance sheet balances.
Assists with the review and preparation of monthly/quarterly financial statements and with the budgeting and planning process.
Responsibilities include supervising, coordinating and directing the activities of the Retail Services Accounting department.
Selected contributions: Preparing and disseminating accounting data/reporting to all departments and executives so that the departments are aware of their fiscal situation (ex.
Budget to actual comparisons).
Assisting in the formulation of targets for daily sales; pay plan/commission changes; key metrics for operations group - to drive decision making and corporate direction.
Act as liaison between corporate Finance department and Retail Services executive management team, working cross-functionally effectively within the Finance department and with Retail Services sales, operations and communications departments.
Providing assistance/input on financial inquiries and decisions at the corporate and field levels.
Contributing to the effective team management of all relevant problems, issues and opportunities.
Preparing monthly commission payments for sales management per the approved pay plan.
Providing analysis, reports and comments to external auditors and internal auditors.

President/Owner/Operator 01/2002 to 01/2004 Mail & More Phoenix, Arizona

Senior Manager 01/2000 to 01/2002 WorldCom Wireless, Inc Phoenix, Arizona

Responsibilities included overseeing all aspects of order fulfillment for WorldCom Wireless, provided logistical planning, budgeting and forecasting support, assisted in the planning and design of software systems to support operational and reporting needs.
Responsible for the development of procedures for controlling, operating and managing the fulfillment and distribution operation's staff, physical facilities, equipment and products in an efficient and effective manner.
These operations perform cellular product logistics services (which include the fulfillment, programming, kitting, and quality assurance testing) for the company's dynamic sales channels, which include a multi-store retail/direct organization, agent channels, and the direct to consumer specialized sales channel.
Reviewed and appraised operational results and developed and implemented improvement plans as appropriate.
Lead and coordinated efforts with other departments to re-design processes to support internal and external clients with material logistics and services as needed.
Managed a staff of 200, which included 6 managers and supervisors.
Turned around out-of-control inventory problems, increasing inventory accuracy from 50% to 99% Increased productivity by 200% through automation and productivity enhancements while achieving significant cost reductions and ensuring that all product quality standards and requirements were met.
Successfully re-implemented the company's inventory management system, which included expanding the use of the system to all 170 retail and direct stores, plus the warehouse and fulfillment centers.

Director 01/1993 to 01/2000 MicroAge, Inc Tempe, Arizona

Inventory Control, Inventory Accounting and Accounts Payable Managed a staff of 20 that performed the following: 1) maintain the integrity of the physical inventory and the computerized perpetual inventory system by performing cycle counting, and inventory variance analysis and reconciliation; 2) Audit operation's procedures and internal controls.
Recommend and implement process improvements to root causes of variances.
3) Prepare, analyze, and maintain accounting for inventory transactions, inventory valuation (including obsolescence reserve calculation) and cost of sales, this includes journal entries, account analysis and management reporting.
4) Administrate company's consignment inventory program.
Acted as the liaison between Corporate Finance and Operations Management in order to maintain open communication between the departments, and help analyze and identify key financial indicators for properly managing their respective areas.
Identified areas for improvement concerning inventory losses.
Since this implementation, the company has grown 400% while inventory losses have been reduced 75%.
Enhanced and streamlined the process for calculating inventory obsolescence on a $500 million inventory, which has helped upper management strategically manage the inventory, reducing obsolescence and inventory interest expense.
Key member of the implementation teams that developed and implemented a new warehouse management system for the Distribution centers.
Created and implemented cycle counting program that eliminated full physical inventories.
Played a significant role as a member of management focus team that analyzes and develops controls for corporate strategic initiatives (ex.
Consigned and Virtual Inventory).
During a critically important period, earned strong feedback for stepping in and effectively orchestrating the consolidation of two Accounts Payable departments (which included 60 associates), while directing and implementing new processes required as a part of Chapter 11 bankruptcy proceedings.

Owner/manager

annual sales over $400K) packing and shipping store.
Purchased this established location in 2002 and began vigorous campaign to increase sales while maintaining high levels of customer service.
Responsible for day-to-day operations including staff supervision, purchasing, inventory management, budgeting, equipment maintenance, and sales.
Perform all accounting / bookkeeping functions including accounts payable, general ledger, P/L statements, payroll, and tax preparation.
Emphasis on customer service, product merchandising/layout and attention to expense controls.
Partnered with other shipping stores to leverage buying power.
Negotiated favorable terms with vendors that resulted in major discounts with suppliers, significantly lowering operational costs.
Increased business accounts by 33% over the first 18 months.

Education

MBA: Management December 1991 Management

BBA: Accounting June 1987 DOWLING COLLEGE Oakdale, NY Accounting

Skills

account reconciliation, Accounting, general accounting, accounts payable, ad, automation, balance sheet, bookkeeping, budgeting, budgets, Budget, Business Intelligence, continuous improvement, contract review, Corporate Finance, clients, customer service, cycle counting, decision making, directing, direction, drivers, equipment maintenance, executive management, senior management, Finance, financial, financial and accounting, financial forecasts, Financial reports, financial reporting, financial statements, focus, forecasting, general ledger, inventory management, Inventory, Inventory Control, layout, logistics, Loss Prevention, Managing, management reporting, Merchandising, month end close, negotiations, Operations Management, payroll, predict, design processes, processes, process improvement, profit and loss statement, programming, purchasing, quality, quality assurance, reconciling, reporting, Retail, sales, sales management, SOX documentation, shipping, staff supervision, strategic, supervising, tax preparation, team management, valuation, variance analysis

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Sr. FP&A Manager Resume Example

Resume Score: 80%