Kyle M. Heining

Directed daily financial operations for the Retail Solutions Division at B. Riley Financial, overseeing a portfolio of over 25 active projects spanning across the United States, Canada, Europe, Australia, and New Zealand simultaneously. Managed a team of 7-9 Finance Directors responsible for client relations and financial oversight. Collaborated closely with the Controller and corporate accounting team to ensure seamless financial management and reporting.

• Manage weekly cash flow updates, overseeing expenses for deal operations and timely payments from clients.
• Prepared Project P&L Statements, settlements, and conducted final reconciliations.
• Ensured accurate billing and accounting of all reimbursable expenses.
• Monitored project budgets and projections.
• Served as primary contact for corporate accounting inquiries, facilitating seamless communication between operations and accounting departments.
• Coordinated with Finance/Accounting team to process invoices from vendors, contractors, and JV partners.
• Conducted monthly reviews of project Income Statements, ensuring accuracy and comprehensive financial reporting.
• Assembled and approved weekly/bi-weekly invoices for expense reimbursement and fees, maintaining adherence to client agreements.
• Maintained compliance with Sarbanes-Oxley Act (SOX) regulations.
• Compiled monthly KPI reports for Executive suite, providing insights into financial performance.
• Acted as main contact for internal and external audit reviews.
• Prepared quarterly presentations for Board of Directors, highlighting financial performance and strategic initiatives.
• Assisted in assembling yearly budget and contributed to financial planning efforts.

As Director of Operations for Retail Solutions, I managed a team of over 185 contractors conducting retail liquidations across the US, Canada, Europe, Australia and New Zealand.

• Managed day-to-day operations for retail liquidations of distressed retailers, including those in Chapter 11 & 7 bankruptcies, across the United States and Canada.
• Oversaw staffing, HR, advertising, inventory management, payroll, expenses, and sales planning and projections.
• Managed budgets and allocated resources for optimal project outcomes.
• Provided full P&L management, financial reporting, and sales reporting.
• Cultivated strong client relationships to ensure retention and satisfaction.
• Successfully executed liquidations for notable clients including Payless Shoes, Bed Bath and Beyond, Gymboree, Shopko, Bon-Ton Stores, Sears Canada, Toys-R-Us, Office Depot/Max, Gander Mountain, Gordmans, hhgregg, Macy’s, Lord and Taylor, Orchard Supply Hardware, The Gap, Golfsmith, Hancock Fabrics, Radio Shack, and many others.

• Managed all financial operations for small-scale and large-scale projects, ensuring efficient P&L management.
• Created budgets, tracked expenses, and maintained rigorous expense controls.
• Handled client billing, reporting, and settlements with a focus on accuracy and timeliness.
• Generated detailed sales reports from point of sale system data to inform strategic decisions.
• Conducted comprehensive inventory tracking and reporting to optimize stock management efficiency.