Michael Pelzer
Clayton,NC
Summary
Strategic Financial Planning and Analysis Manager with vast experience in financial forecasting, budgeting, and corporate finance. Notable skills include deep understanding of financial modeling, data analysis and profit maximization strategies. Strong leadership ability, having successfully managed cross-functional teams to achieve business objectives. Previous work resulted in improved operational efficiency and significant cost reductions through strategic financial planning initiatives.
Overview
11
11
years of professional experience
Work History
Financial Planning and Analysis Manager
RBC Royal Bank
Raleigh, NC
02.2024 - Current
- Developed and maintained financial models to forecast future budgeting needs.
- Assisted in the preparation of annual budgets by providing detailed revenue and expense projections.
- Prepared monthly, quarterly and annual reports for internal and external stakeholders.
- Prepared monthly financial statements including balance sheets, income statements, cash flows and other related documents for review by senior management.
- Analyzed financial performance of company operations, identified trends and presented recommendations to senior management.
- Analyzed actual financial results to budget, preparing variance reporting to functional groups.
- Built financial models to allocate resources, forecast cash and investment needs and make capital budgeting decisions.
- Evaluated current economic conditions to assess potential impacts on organization's finances.
- Lead the development of long-term business plans with a focus on increased revenue growth.
Commercial Loan Closing & Operations Manager
Self-Help Credit Union
Durand, NC
06.2021 - 02.2022
- Developed key performance indicators to measure effectiveness of operational processes.
- Established effective relationships with vendors to negotiate pricing and secure materials needed for production.
- Coordinated with other departments including sales, marketing, finance, human resources. to ensure efficient operations.
- Developed and implemented operational procedures to ensure quality standards are met.
- Directed operations staff by providing guidance, training, and support in order to meet company objectives.
- Conducted regular reviews of existing policies and procedures for continuous improvement opportunities.
- Collaborated with management team on long-term strategic planning initiatives for the organization.
- Supervised day-to-day workflow of employees in order to maximize productivity and maintain quality standards.
- Identified areas of deficiency and performed root-cause analysis to solve problems.
Funding Manager
CAHEC
Raleigh, NC
03.2018 - 01.2021
- Effectively managed and expanded a multimillion-dollar portfolio comprising of commercial real estate investments spanning multiple funds
- Managed budgeting, forecasting, and analysis processes to ensure that accurate projections are made in a timely manner.
- Analyzed, reviewed, and monitored the accuracy of financial data to ensure accurate reporting of financial information.
- Prepared monthly financial statements and reports for senior management.
- Analyzed financial statements, balance sheets, cash flow statements, income statements, and other documents associated with potential investments.
Financial Asset Manager
Ecoplexus
Durham, NC
09.2016 - 03.2018
- Managed portfolio $700 million in Renewable Energy assets
- Conducted comprehensive research and data analysis to support strategic planning and informed decision-making.
- Performed due diligence on potential acquisitions or divestitures prior to making final decisions.
- Analyzed financial data, industry trends, and market conditions to identify opportunities for asset growth.
- Established procedures for managing cash flow from investments into company accounts.
- Ensured compliance with regulatory requirements and internal policies related to assets.
- Drafted documents such as purchase agreements, loan documents, and other legal documents related to asset management.
- Negotiated terms of agreements with external vendors and partners.
- Assisted in the preparation of budgets for capital expenditures and operational costs associated with assets.
Operational Risk Consultant
Wells Fargo
Raleigh, North Carolina
03.2013 - 04.2016
- Designed and implemented strategies for managing identified operational risks, including contingency plans.
- Implemented reporting systems that enabled stakeholders to monitor progress against established objectives related to mitigating operational risks.
- Provided advice on the development of key risk indicators for monitoring operational risk exposure.
- Identified, analyzed and evaluated operational risks associated with business activities.
- Conducted reviews of existing processes and procedures to identify areas of potential operational risk.
- Monitored changes in applicable laws, regulations, and standards that could have an impact on the organization's ability to manage its risks effectively.
- Developed operational risk management frameworks and policies to ensure compliance with regulatory requirements.
- Assessed the effectiveness of internal control systems in mitigating operational risks.
Education
Bachelor of Science - Accounting
Saint Augustine's University
Raleigh, NC05-2009
Skills
- KPI Tracking
- Cash Flow Management
- Variance Analysis
- Expense Management
- Mergers and Acquisitions
- Cost accounting
- Budget Administration
- Excel proficiency
- Portfolio Management
- Financial Forecasting
Timeline
Financial Planning and Analysis Manager
RBC Royal Bank
02.2024 - Current
Commercial Loan Closing & Operations Manager
Self-Help Credit Union
06.2021 - 02.2022
Funding Manager
CAHEC
03.2018 - 01.2021
Financial Asset Manager
Ecoplexus
09.2016 - 03.2018
Operational Risk Consultant
Wells Fargo
03.2013 - 04.2016
Bachelor of Science - Accounting
Saint Augustine's University