Nelson F. Stammer, MBA
*********************@*****.***
Cell 410-***-****
Finance and Operations Executive
Hands-on, collaborative leader recognized for transitioning
financial strategy into maximum profitability in hyper-competitive
markets.
~ Core Competencies & Management Strengths ~
SOX Compliance Solid Understanding of GAAP
Strategy/Business Model Operational, Value and
Development Change Management
Mergers/Acquisitions Significant Inventory
Solid comprehension of Management
Revenue Recognition Budgeting, Forecasting,
policies Reconciliation of sales and
costs
~ Education ~
Masters of Business Administration (Finance) - University of Baltimore,
Baltimore, MD (1999)
BA in Environmental Science- University of Maryland, Catonsville, MD
(1990)
~ Representative Achievements ~
Implemented complex wage model, causing profitability to increase 1.1%.
Led teams in increasing profitability by 13% by reducing selective
operating costs in retail sector.
Built and implemented "Build vs. Buy" tools, yielding savings of $176k in
R&D labor expense.
Negotiated favorable terms that provided an estimated savings of $300k/year
in Hardware expense.
Career Synopsis
Walmart Stores, Inc. 2006 - Present
General Manager of Operations (Baltimore, MD) 2012 - Present
Awarded General Manager position to rebuild under-performing facility by
implementing/executing transformation and change management strategies.
< Managed operation costs and retail orders per SOX to maximize the
profit (5.1%) potential in critical shopping months.
< Enhanced internet order process at facility, expanding amount of sales
recognized by 1.2%.
< Improved facility sales trend by 5.2% in 90 days by focusing on in-
stock and customer service.
< Raised customer satisfaction by nearly 1% in 5 months, yielding
customer traffic increase of 2.1%.
< Re-established relationships with local councilmen, community
activists, and vendor chain, improving business relationships,
alliances and new sales avenues.
< Improved Associate Engagement by 26% over 14 months, representing the
highest improvement in associate productivity in the market.
< Served as market authority on finances by providing timely and
accurate detailed cost and gross margin analyses to help improve
overall profitability of 8 market stores.
Walmart Stores, Inc. (Continued). 2006 - Present
District Manager (Washington, DC / Southern MD) 2008 - 2012
Promoted to District Manager to provide overall strategic direction and
improved business models to drive sales and profits.
< Achieved threshold goal of 95% of sales plan by driving strategic
merchandising and operations objectives.
< Salvaged underperforming stores to corporate in-stock standards,
resulting in a sales improvement of 3%.
< Re-invented customer experience in 7 facilities to exceed goal by 12%
through aggressive analyses of customer responses and corrective
actions.
< Developed and implemented strategies to attract and maintain a highly
skilled managerial staff which saved the company ~$100k in turnover
expenses.
< Serve as regional financial subject matter expert for business process
management and improvement.
< Developed and maintained markdown and wage analyses for the region,
leading to a 0.8% increase in profit.
Regional CFO/ Finance Director (Mid-Atlantic Region) 2006 - 2008
Recruited as Regional CFO/Finance Director to develop, implement, and
track processes and programs reducing operational costs and improving
profit.
< Prepared and tracked detailed budgets, forecasts (sales, costs,
capital spend) and financial improvement plans for over 150 stores
contributing over $8 billion in annual sales.
< Developed and executed 3-year strategic plan, ultimately yielding
overall 6.2% EBITDA.
< Implemented wage forecasting tool, which effectively increased the
region's profitability by nearly 1.5%.
< Provided additional ad-hoc wage analyses for corporate which once
implemented, improved savings of 1.1%.
< Re-engineered business processing to help store leaders manage their
sustained gross margin by leveraging effective markdown procedures.
This resulted in a sustained GM improvement of 0.70%.
TeleCommunication Systems, Inc. 2000 - 2006
Director of Finance (Annapolis, MD)
Hired to support IPO of company in 2000.
< Re-negotiated terms with vendors, providing an estimated savings of
$300k/year.
< Built and implemented "Build vs. Buy" tools, to save company estimated
$176k in development costs.
< Responsible for monthly revenue recognition (per GAAP and SOX
guidelines) and reconciliation of software, installation, and
recurring maintenance revenues as well as cost.
< Provided financial due-diligence support during two acquisitions.
Acquired companies (XYPoint and Kivera) became profitable business
units in year 2 after the acquisition.
< Developed company's sales forecasting tool used to track proposals,
sale offers, and weighted probability of sales. The data was used
during IPO in September of 2000 and the forecasting tool continues to
be used to this day.
General Physics, Inc. 1998 - 2000
Sr. Financial Analyst (Columbia, MD)
Selected to manage all P&L activities with the major key automotive
sector customers.
< Conducted monthly reviews of contract budgets, profit and loss and
income statements.
< Provided monthly revenue/cost variance analyses for executive
management.
< Analyzed contract profitability and over-run issues, providing monthly
summary of projects and corrective action plans for addressing
potential shortfalls to corporate controller.
< Trained and mentored new hires in budgeting, forecasting and
accounting system procedures.