Jeff Maloney
Fort Wayne,IN
Summary
Dependable Finance Executive with track record of success in field, attention to detail and proactive mindset. Seeks opportunities to improve processes and workflows for team benefit. Conscientious, hardworking and excels at multitasking in fast-paced environments.
Overview
16
16
years of professional experience
Work History
Consultant, (Temp. Director of Finance – Merchandising)
West Marine
Fort Lauderdale, FL
10.2023 - 02.2024
- Successfully facilitated and completed the Sales/Margin 2024 Plan when position was vacant
- Successfully incorporated a comprehensive 3-year strategic plan, defining measurable KPIs for multiple initiatives
- Developed efficient operational reporting systems to ensure accurate and timely status updates
- Supported Inventory Planning & Replenishment – cleaned up and revised Inventory Reserve
- Streamlined bridging process for Inventory Planning tool from Vendor/Class/Mo to company roll-up (Division, Dept, Mo) with Import Breakout.
Consultant, Finance
Nordstrom, Inc
Seattle, WA
07.2022 - 08.2023
- Led strategic initiatives as Supply Chain Financial lead for 2022/2023, successfully improving Vendor Compliance and increasing Revenue while reducing touches
- Vendor Compliance Revenue – 2023 YTD $19.3 M up 78% versus LY
- Increased vendor compliance to 82.9%, resulting in a reduction of DC touches by eleven million and improved inbound efficiency
- Transferred reporting and automated using SQL (Teradata).
Consultant, Finance
Pet Valu Inc.
Markham, ON
03.2020 - 07.2021
- Interim Director of Finance – Supply Chain & IPO preparation
- Led process improvement in Supply Chain Forecasting by developing forecast models for DC labor and Transportation Cost and integrating them with Weekly Productivity Reporting
- Provided cross-functional support for Inventory Replenishment, developing models for Item Demand and Receipt Forecasting to bridge until software implementation
- Led reconciliation project between the data warehouse and financial P&Ls and balance sheet in preparation for IPO.
Consultant, Finance
In-Shape Health Clubs
Stockton, CA
01.2017 - 04.2017
- Initiated the development of a Strategy & Insights team
- Created and documented Business Model Canvas to establish Long Term Strategy
- Identified specific customer segments, aligned with corresponding value propositions and validated the potential impact of the initiative.
Vice President, Finance
Orchard Supply Hardware
San Jose, CA
01.2012 - 01.2016
- Managed fifty individuals and five direct reports, including the Sr
- Director of Inventory Replenishment, Sr
- Director of Financial Planning & Analysis (FP&A), Director of Corporate Accounting, Sr
- Manager of Inventory Accounting, and Sr
- Manager of PMO
- Restructured and streamlined operational efficiency and cross-functional team communication between operational teams through the recruitment and training of Merchandising & Marketing Finance Team
- Led annual $600M sales budgeting and forecasting, along with creating a Long Term Plan (LTP) for 2016-2018 to manage $390M capital spend
- Directed inventory replenishment for more than $300M in purchases, leading team of fifteen replenishment analysts to establish projected inventory plans
- Reduced lost sales from 2.4% to 1.9%, generating $3M in revenue
- Improved Orders on System (OOS) from 60% to 85%
- Saved $1.5M in store labor annually by centralizing all direct-to-store purchase orders (POs)
- Served as an executive sponsor for a new enterprise resource planning (ERP-MI9) system purchase and installation; outsourced the implementation team to improve efficiency within the IT department
- Oversaw $16M in capital, updating system to improve purchase order (PO) processing efficiency
- Planned and executed the transition from Retail Accounting to item-level Cost Accounting
- Conducted return on investment (ROI) analysis and forecasting, utilizing Experian Mosaic Tiles for Customer recognition management (CRM) to identify large- and small-scale growth potential, improving ROI measurements to expand social media, and aiding real estate decisions
- Functioned as Accounting Group Lead and Controller, managing corporate and inventory accounting, accounts payable, revenue recognition, monthly close, real estate transactions, cash flow, lease accounting conversion (ASC842/IFRS16), and Sarbanes-Oxley (SOX) controls
- Audited accounts payable and eliminated gaps, identified/resolved more than $7M in vendor overpayment
- Assumed responsibilities of Chief Financial Officer (CFO) in absence.
Senior Director, Retail Finance
Office Depot, Inc.
Boca Raton, FL
03.2010 - 03.2012
- Oversaw financial operations for 1,100 retail locations, supporting the SVP of Store Operations and leading a team of five individuals including the Director of Store Finance, Director of Capital, Real Estate Finance Manager, and Manager of Store Payroll
- Managed a sales budget of more than $6B, partnering with the Merchandising Finance, Store Operations, and Corporate Finance teams to direct profit & loss (P&L) budget
- Directed capital planning and analysis of $80M in annual spend, enhancing partnership with the Accounting Team to optimize forecast accuracy for leases and depreciation
- Served as a financial leader in the retail division, overseeing monthly P&L forecasting and annual planning process
- Provided guidance to the real estate team in lease negotiations, new store planning, relocations, and future closings.
Director, Merchandise Finance
Office Depot, Inc.
Boca Raton, FL
03.2008 - 03.2010
- Directed monthly forecasting for more than $5B in sales, utilizing merchandise financial planning (MFP) to transition the department out of a remediation plan and develop new processes
- Oversaw an information technology (IT) team of three, utilizing waterfall methodologies and allocating vendor buying agreement funds down to the item level to implement new SQL-based software and restructure the rebate system.
Education
Bachelor of Science (BS) - Accounting
Roosevelt University
Skills
- Finance / Accounting Management
- Financial Planning & Analysis
- Innovation / Process Improvement
- Profit &Loss (P&L) Management
- Cross-Functional Leadership
- Team Building
- Strategic Planning
- Change Management
- ERP Implementation
- Customer Relationship Management
- Financial Modeling
Software
- Advanced in Microsoft Excel
- Access
- Tableau
- Essbase
- Microsoft Power BI
- SQL
- Lawson
- Anaplan
- Hyperion Planning
- Manhattan
- Visio
- Business Objects
Timeline
Consultant, (Temp. Director of Finance – Merchandising)
West Marine
10.2023 - 02.2024
Consultant, Finance
Nordstrom, Inc
07.2022 - 08.2023
Consultant, Finance
Pet Valu Inc.
03.2020 - 07.2021
Consultant, Finance
In-Shape Health Clubs
01.2017 - 04.2017
Vice President, Finance
Orchard Supply Hardware
01.2012 - 01.2016
Senior Director, Retail Finance
Office Depot, Inc.
03.2010 - 03.2012
Director, Merchandise Finance
Office Depot, Inc.
03.2008 - 03.2010
Bachelor of Science (BS) - Accounting
Roosevelt University