Experienced Finance Professional

Angel Turnbull, Jr., MBA

**** ******* ****, ********, ** 30060

704-***-**** ~ ***************@*****.***

PROFESIONAL SUMMARY:

Experienced Finance professional with demonstrated success in all aspects of Financial Planning and Analysis in Consumer Products and Manufacturing industries. Valued Business partner and collaborator with Corporate functional leaders, providing insightful and actionable analyses to internal Stakeholders and Executive Management. Adept in streamlining financial processes and implementing process improvements. Proven areas of expertise include:

Financial Management

Financial Modeling

Annual Operating Budgets

NPV/IRR/EVA

Financial Forecasting

Capital Budgeting

Profitability Analysis

Pricing Analysis

Variance Analysis

Strategic Planning

Business Plans

New Product Development

WORK EXPERIENCE:

Financial Management Solutions, LLC – Atlanta, GA (9/12 – Present)

Financial Planning & Analysis Consultant providing services on a Contract basis to Organizations. Client engagements have included: CHEP, Benchmark Brands and Intercontinental Hotel Group (IHG)

Revised and improved a Financial Model that provided increased visibility into variable labor expense within the Distribution Center by functional area. Improvements helped identify $200K in annual labor expense savings

Collaborated with the Director of the Customer Contact Center to incorporate efficiency and performance initiatives into the Financial model, which reduced labor expense by 5% and increased average revenue per call 7% annually

Worked with Transportation Department to Model the optimization and consolidation of delivery channels by Vendor, driving savings of $100K in Outbound Freight

Automated Hyperion financial model that allows for standardization of monthly reporting across all Global Pallet divisions

Implemented dynamic financial model for monthly Global Business Performance Review to reduce preparation time and improve accuracy of analysis

Developed Business Performance Dashboards for the Operations divisions that directed focused analysis of Operating Expenses and highlighted trends and causes of unexpected variances to budget and prior year actuals for Weekly Executive Operational review meetings

Automated weekly and monthly reporting that highlighted the performance of products across Merchandise Categories and across Promotional Events, including Sales, Gross Margin, Contribution Profit and Inventory in

Created and implemented a monthly revenue audit to determine which suppliers were delinquent in the payment of monthly Cost Recovery Funds. Subsequently increasing the payment of funds by 5%

BELK, INC. – Charlotte, NC (8/11 – 9/12)

Manager of Financial Planning & Analysis

Managed the $4B annual sales budgeting process for 305 stores and the Strategic Long Range Planning process at the largest private Department Store in the United States.

Developed the three year long range financial plan to model the financial outcomes of strategic initiatives across Store, Merchandise and Online Channels, identify which KPIs linked to overall strategy, and determine financial impact of strategic initiatives to annual operating plan

Implemented Retail Store sales forecast based on trend of individual store’s performance which improved forecast accuracy by 5%

Prepared ROI and IRR analyses on major corporate initiatives to measure actual project returns, and ensure projects stayed within budget to maximize returns

Managed a Sr. Financial Analyst, ensured analyst was aligned with corporate and departmental goals and that a development plan was in place to ensure career growth

HUSQVARNA FOREST & GARDEN, INC. NORTH AMERICA – Charlotte, NC (5/10 – 8/11)

Manager of Financial Planning & Analysis

Provided financial support and business analytics for the $1.5B U.S. Division of the largest manufacturer of Outdoor Power Equipment in the world. Managed the annual operating budget process for the U.S. sales division, including sales planning, expense review, variance analysis and facilitated review meetings with Executive Management

Created and implemented an annual budget model that provided a standardized view of sales and expenses for three separate business divisions. Streamlined reporting and reduced time to complete the budget by one month

Lead Finance team in the development of Customer and Product Profit and Loss statements in order to understand profitability below Gross Margin. Highlighted lower revenue Customer that was driving additional contribution profit

Created and implemented a monthly Gross Profit analysis to determine the impact of sales price, sales volume, cost and sales mix on product profitability. Provided North America CFO insight into mix/margin impact on the business

Managed a Sr. Accountant, ensuring delivery on all requirements including business decision support, customer satisfaction, monthly close process, planning and forecast cycles, and ad-hoc projects

SEALY, INC. – Trinity, NC (12/05- 4/10)

Manager of Financial and Business Analysis, Sr. Financial Analyst, Financial Analyst

Provided financial and business analytical support to Sr. Sales Executives at the largest bedding manufacturer in the world. Managed the annual operating budget and financial forecast process for the Regional Field Sales and National Account Divisions, including sales planning, expense review, variance analysis and facilitated the review process with Sr. Sales Management

Worked with Sr. Management to develop an Annual Operating Budget with over $2M in expense reductions in order to maintain EBITDA growth

Prepared, reviewed and approved P&L profitability analyses of potential supply agreement terms of up to $1M in sales to determine the impact on Sealy’s financial results, and provided recommendations to Sales Managers regarding deal structure and key drivers that increased Divisional EBITDA

Prepared pricing analyses, and reviewed and approved pricing changes to determine the impact on account profitability, and ensure compliance with Sealy pricing policies and Retailer supply agreements. Ensured all pricing changes were accretive to Contribution Profit

Prepared monthly sales and expense reports and analyzed monthly Retailer P&L statements variances against budget and prior year for the monthly business review with the Executive VP of Sales, and the Quarterly business review with the CFO

Analyzed gross margin and key drivers of profit across brand and customer segments, and recommended corrective actions to sales management

LOWE’S COMPANIES, INC. – Mooresville, NC (4/02 – 12/05)

Senior Financial Analyst, Financial Analyst

Prepared the long range financial plan, which was used by Executive Management to estimate the long-term earnings and value potential of the company's current strategies, provide guidance to equity analysts, assess future financing requirements, and establish a baseline for next year’s operating budget at the second largest home improvement retailer in the world

Utilized “what if” modeling in analyses to quantify and compare different sales and expense assumptions, store expansion plans, and business growth strategies

Prepared quarterly performance reports, and comparative analyses of competitors’ financial ratios for quarterly Board of Director meetings

Developed daily sales budgets for the Executive sales report, which were used to monitor the daily performance of the company

Performed ad-hoc analyses to determine the financial impact of various operational and financial decisions

Prepared the current year financial forecast to monitor the company’s performance, highlight significant variances from the budget, and provide earnings guidance to equity analyst

LEGISLATURE OF THE US VIRGIN ISLANDS, POST AUDIT DIVISION - St. Thomas, VI (6/97–8/99)

Budget Analyst

Prepared quarterly and annual budget variance analyses for six government departments, that were utilized by the Committee on Finance to determine each department’s fiscal year operating budget

Conducted post-audits of capital improvement projects to examine the variance of actual expenditures to the budget, increase efficiency, and identify abandonment or termination of projects

Analyzed prospective lessee’s financial statements to ensure financial stability, and subsequently reduced the default rate on Government leases by 20%

Monitored the government’s collection of revenues and key economic indicators, to accurately assess the government’s financial position and forecast the direction of the economy

EQUIFAX, RISK MANAGEMENT - Atlanta, GA (9/95 – 6/97)

Quality Control Collection Specialist

Performed due-diligence on collection, bankruptcy, and disability accounts to ensure compliance with Federal Department of Education regulations

Effectively collected and managed a portfolio of 200 defaulted Federal student loans

Analyzed delinquent customer issues, developed solutions, and implemented plans of action to resolve delinquencies in a timely and effective manner

EDUCATION:

CLARK ATLANTA UNIVERSITY – Atlanta, Georgia

MBA, May 2001

Concentration: Finance

MOREHOUSE COLLEGE - Atlanta, Georgia

BA, May 1995

Major: Banking & Finance

SKILLS:

Proficient in Excel, Access, Word, PowerPoint, Hyperion Essbase, Hyperion Strategic Finance, Hyperion Planning, Hyperion Smartview, Hyperion Financial Management, Oracle Enterprise Performance Management System, Microsoft Dynamics Great Plains, SAP, JD Edwards, Cognos 8.0, Lawson General Ledger, PeopleSoft Financials, TM1, Metacube, Microstrategy Desktop and DART

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