Director, Financial Reporting and Analysis
Resume:
Somer L Webb
Dallas, Texas *5218
*****.****@*****.***
EXPERIENCE
Match.com, Dallas, TX
**** – Current Director, Financial Reporting & Analysis
**** – 2011 Sr. Finance Manager, Financial Planning & Analysis
• Responsible for monthly forecasting, annual budgets and five-year strategic plans focusing on financial and operational risks and opportunities for global business with annual revenue of over $500MM.
• Report to Vice President of Global Finance, contributing to 25% profit growth through support of business development and cost control initiatives.
• Designed and implemented position management process for $85MM or 25% of overall costs. Increased accuracy, productivity and reporting capabilities. Reduced forecast variance from 20% to 3%. Incorporated real-time HR input to better predict churn, retention, and merit estimates. Automated process through Hyperion Workforce Planning module.
• Worked directly with the CFO and General Managers on multiple acquisition projects with increasing levels of responsibility to drive incremental profit and increased market share through acquisition.
• Developed and implemented a new cash flow forecasting model and process to increase accuracy.
• Hyperion administrator responsible for creating all standard reports and implementing new procedures to improve financial reporting, budgeting, and forecast processes. Developed an automated month-end reporting package that streamlined the close process and ensured the integrity of the financial data.
• Manage a reporting team of four managers responsible for business intelligence and financial reporting including deferred revenue, historical trends, daily metrics, LTV and ROI.
Yum! Brands - Yum Restaurants International, Dallas, TX
2010 Finance Manager, Strategic Planning
• Provided thought leadership on YRI growth strategies by developing key strategy presentations for Analyst conferences, Board of Directors meetings, and Leadership team.
• Determined and communicated insights, growth opportunities, economic model optimization and know-how to senior management and field leadership.
• Responsible for five year growth model and assumptions for long term outlook including capital investments and asset buy backs.
• Finance lead on UK strategic project team to restructure unit economic model and drive 5% additional margin.
Amazon.com, Dallas, TX
2009 – 2009 Controller
2008 – 2009 Sr. Financial Analyst
• Developed Annual Operating Plan for three Fulfillment Centers within the Amazon.com network. Managed forecasting, reporting, and accrual process for month end close. Consistently forecasted within 2% variance for budgets totaling over $300MM.
• Responsible for various financial modeling and analysis of new product lines. Developed analysis to determine capital spending, operational costs, sales forecasts, and ROI assumptions. Finance lead on Zappos.com acquisition team.
• Implemented Cognos reporting to automate daily productivity and spend reports for CFO and COO.
• Participated and managed Lean initiatives that drove out over $10MM in costs year over year.
• Managed two Labor Analysts and two Sr Financial Analysts responsible for forecasting and reporting weekly labor plans and productivity rates to Operation Managers.
Yum! Brands - Pizza Hut, Inc. / Yum Restaurants International, Dallas, TX
2007 – 2008 Associate Finance Manager
2006 – 2007 Sr. Financial Analyst
• Developed and implemented Pizza Hut, Inc.’s (PHI) pricing strategy, producing $24MM in profit growth for 2007 and $35MM in 2008. Key driver of PHI exceeding profit plan for first time in 7 years.
• Worked directly with international markets such as Europe, UK, Middle East, India and Asia to create core commodity strategies to offset inflationary pressures. Spend totaling over $650MM.
• Finance lead on innovative strategy shift of creating an on-going value layer. The resulting product, Pizza Mia, drove over 7% sales increase and represented a material source of growth for the 2008 calendar.
• Managed junior analysts responsible for strategic project that quantified PHI's product margin portfolio. Presented resulting strategy and recommendations to PHI, KFC, and Yum! CFOs.
• Created financial model improving the evaluation of discounting within PHI’s system. Streamlined monthly reporting process in order to determine impact on sales, profit, and margins.
PepsiCo Business Solutions Group, Plano, TX
2005 – 2006 Sr. Financial Analyst – Planning / Purchasing
• Developed all financial models and analysis for Global Procurement including supplier financial stability matrix, lease analysis, pricing comparisons, ROI, PV/FV analysis, and cost savings and avoidance.
• Refined and managed numerous domestic and international IT project budgets totaling over $50MM. Reduced forecast variances from 15% to 2% in first quarter by analyzing trends and managing accruals.
• Led several ad hoc strategic projects to drive key business decisions including CAPEX process and workflow, outsourcing analysis, and various application license allocations.
• Managed annual capital planning process for large IT projects. Presented IRR and NPV analysis to Leadership team to determine approval for investment.
• Responsible for PBSG’s Strategic Plan and future year Annual Operating Plan. Assist Project Managers with financials and productivity numbers. Uncovered $14MM purchasing savings reporting error.
Yum! Brands - Unified Foodservice Purchasing Co-op, Dallas, TX
2004 – 2005 Supply Chain Manager
• Managed 4 national promotions and 6 regional tests totaling $40MM in value while limiting obsolescence to zero dollars.
• Worked with cross-functional teams to create and implement supply chain efficiencies saving $2MM. Managed relationships between suppliers and distributors to minimize cost impact to stores.
• Developed and communicated production schedules and allocation requirements to suppliers and 21 distributors to create just-in-time inventory controls.
• Acted as central point of contact for suppliers and distributors during supply issues in order to minimize loss of sales. Secured additional 37% uninterrupted supply during Twisted Crust promotion.
• Produced inventory plans and secured Board Members and Pizza Hut Leadership Team approvals and commitments necessary to begin production at the supplier.
• Created tools to assist with trend analysis, forecasts, production schedules, run out dates, and product depletion.
EPRI, Dallas, TX
2002- 2004 Technical Resource Specialist
• Developed, implemented, and maintained a custom web-based application using ASP, HTML, and SQL Server.
EnFORM Consulting, Houston, TX
2001 - 2002 Consultant
• Utilized development skills on client site using ASP and JSP technology to create interactive web pages.
EDUCATION
December 2004
University of Texas, Arlington, Texas
Master of Business Administration
GPA -3.6
August 2001
Baylor University, Waco, Texas
Bachelor of Business Administration, Management Information Systems
Honors: Dean’s List, Major GPA-3.75
Summer 1999 Baylor in Great Britain, London, England
Summer 1996 Foreign Exchange Student, Cesena, Italy
COMPUTER SKILLS
• MS Access
• MS Excel
• MS PowerPoint
• MS Visio
• Hyperion Essbase
• Hyperion Financial Mgmt
• Hyperion Workforce Planning
• Hyperion Planning
• Business Objects
• Micro Strategy
• Cognos
• Peoplesoft
• SAP
• Oracle
• SQL
Contact this candidate