Chris Petros Email & Phone Number

Greater Minneapolis-St. Paul Area

• Led work to create inventory and profitability criteria around reviewing remaining-to-buy plans and proactively cancelling buys resulting in over 25 million units being taken out of buy plans, increasing marketplace.
• In rapid response to the factory closures in Vietnam due to COVID, created a scenario planning model to project impact to revenue and inventory based on various reopening timelines to enable key decisions by senior.
• Drove alignment across demand and merchandise financial planning around inventory receipt timing by developing a data model in PowerBI to project receipts 9+ months out, leading to increased collaboration and more.

Beaverton, Oregon, United States

• Developed a new forward-looking methodology for forecasting inventory at a lower level of detail, providing more accurate inventory insights and enabling the entire inventory organization to shift to a new set of KPIs
• Worked cross-functionally with analytics teams to build a new centralized inventory tool and leveraged the new data to develop a model to forecast excess inventory at the product level allowing inventory planners to be.

Minneapolis, Minnesota

Own Finance’s relationship with Store’s VP in charge of replenishment and direct to guest fulfillment. Provide regular and ad hoc financial analysis and recommendations to Stores leadership to support strategic decision making. Manage Stores’ capital portfolio of over $300M through project based financial analysis, often using discounted cash flow analysis.

Greater Minneapolis-St. Paul Area

Plan and forecast store’s monthly and annual hourly payroll expense. Provide financial analysis regarding changes to wage strategy and minimum wage legislation to senior leaders in Compensation and Field HR, allowing them to make strategic compensation decisions.

Greater Minneapolis-St. Paul Area

Planned and forecasted Stores’ and Assets Protection HQ budgets as well as Assets Protection’s field budgets. Forecasted inventory theft or operational loss (shortage) on a monthly basis and provided ad hoc analysis to merchants regarding their shortage, allowing them to create plans and take action to reduce shortage and generate savings.

Greater Minneapolis-St. Paul Area

• Responsibilities:
• Own and operate external comparable sales model and policy.
• Own and operate the quarterly sales returns reserve calculation which is approved by SVP Controller and Chief Accounting Officer.
• Prepare internal to external sales report for Chief Accounting Officer and VP of External Financial Reporting.
• Prepare external traffic and basket reporting for leadership team and earnings calls.
• Prepare quarterly consolidated actuals results report for leadership team which contains key finance and accounting metrics (EPS, Comps, etc.).

Greater Minneapolis-St. Paul Area

• Responsibilities:
• Create and manage domestic multiple location projects with a budget of over $300M annually.
• Review capital spending requests to determine proper accounting treatment.
• Own capital Risk/Property Loss process.
• Book monthly journal entries to support financial close process.
• Engage with project managers regularly to ensure proper accounting treatment.Key Accomplishments:

• Prepared balance sheet and income statement according to GAAP.
• Developed and presented monthly cash flow statement.
• Created and presented weekly cash position statement.
• Analyzed possible debt options and gave a recommendation to partners.

• Audited a variety of clients while maintaining daily communication.
• Used a variety of audit programs in different settings.
• Worked on projects in a team setting to achieve a common goal.
• Audited federal government grants for multiple projects.
• Traveled to clients around the state for overnight business trips.

Master Of Business Administration - Mba

Bachelor'S Degree, Accounting