Hemal Patel

ade5r6@r.postjobfree.com

630-***-****

**** ******** ******, ******, ** 60503

EDUCATION

Saint Xavier University – Chicago, IL May 2016

MBA – Financial Analysis

University of Illinois – Urbana, IL May 2005

Bachelor’s Degree in Finance

PROFESSIONAL EXPERIENCE

FTD – Downers Grove, IL

Sr. Financial Analyst Sep. 2018 – May 2020

Provide detailed weekly and monthly reports on trends dealing with traffic and conversion for management

Analyze monthly freight and shipping costs to increase efficiency and usage

Build new pricing models for air/ground mix optimization

Manage monthly reconciliation of balance sheet accounts in the general ledger

Provide analysis on monthly revenue, COGS, & EBITDA forecasts and budgets

Analyze and produce reporting numbers with large data sets

Provide detailed analysis on average order value, cost per order, and cost per shipment

Prepare commentary on monthly bridges for actual and forecast changes that identify business issues

Worked with multiple P&Ls that rolled up to one enterprise.

CIT – Chicago, IL

Sr. Financial Analyst Mar. 2012 – Sep. 2018

Analyze daily financial performance of fleet activity to establish possible performance improvements

Calculated mileage rates on freight activity for fleet usage

Assist with managing monthly revenue and budget forecasting

Review financial data and prepare recommendations for management

Lead Monthly Income Review meetings with Leadership

Prepare revenue/cost analysis on fleet and ad hoc reporting as requested by management

Maintain database of per diem contracts and processing shortfall transactions to increase revenue

Prepare monthly accruals and journal entries for legal entities that affect P&L activity

Streamlined management reporting metrics for accrual activity to help reduce the number of inaccuracies in revenue recognition

Increased productivity by implementing a new monthly reconciliation process that decreased variances by 20 percent

Directed, improved and updated all per diem policy and procedures to company standards

Implemented new scorecard and KPI metrics for our third party vendors

Collections and Cash Applications Manager Aug. 2010 – Mar. 2012

Managed five direct reports within the financial operations group

Responsible for collections and past due reporting for the rail portfolio

Established and manage the cash applications function for the rail business unit

Oversaw a 30% decrease in outstanding past dues annually

Developed monthly reporting package and provide analysis to senior management

Participated in monthly income review and month end close processes

Implemented and documented policies and procedures for collections and cash applications in compliance with Sarbanes-Oxley

SKILLS

Microsoft Office, PeopleSoft, JD Edwards, Cognos, SAP