Doug Gragg Email & Phone Number

Needham, Ma, Us

Provide a wide range of financial and operational support for Talbots, a national clothes retailer Work with Store leadership team to manage the payroll and incentive expense on a weekly and monthly basis. Provide analysis on expense reduction scenarios and other profit enhancement opportunities Review all Store expenses monthly and work with Store and Operations business partners to understand results, evaluate spend and work on expense mitigation strategies. Includes a detail focus on supplies, maintenance, travel and other store expenses. Create financial models to measure strategic initiatives including scenario and what if analysis. Create the Budget for all store expenses, update forecasts monthly, provide insights utilizing metrics analysis. Present Budgets and monthly results to Executive team leadership.  Review all tasks/functions performed by the department and create efficiencies to greatly expand department’s capabilities. Supervise, mentor and develop staff of 3-5 associates

Boston

Responsible for creating a best in class finance infrastructure to support the growth of a global franchise company that is innovating obstacle course races on an international scale. Directed various phases of the financial planning cycle including budgeting, forecasting and month end close processes; prepared monthly P&L reviews, board presentations, variance analysis and corporate forecast rollups Enhanced business intelligence capabilities throughout the organization; managed the Adaptive planning tool including report development, data flow management, structuring accounts and dimensions, formula creation and company training  Assigned special projects by the management team; provided updates on milestones, deliverables and completion dates

Dedham, Ma

Led a Finance team focused on supporting the marketing, product development and operations team for a restaurant chain with ~250 locations in New England. Managed and developed a team of four Finance/IT Finance associates; involved in all aspects of employee management including performance management, recruiting and creating a motivating/rewarding culture Directed financial operations including analysis of weekly results, annual budget process, monthly forecast and long range planning  Partnered directly with the company leadership team including the CEO, CFO and heads of Marketing and Operations to review, measure and analyze the results of key business initiatives  Integrated financial analysis and created complex financial models into pricing, promotions, sales performance and monthly financial results in order to support growth and margin expansion Managed the preparation of financial reports including near and long-term financial outlooks, forecasts and critical KPI’s across key income statement lines such as sales, margin, promotions and wages

Hingham, Ma

 Managed two Senior Analysts, set staff priorities with a focus on supporting the company’s mission and strategic vision; oversaw talent acquisition, career development and leadership development Delivered insights and recommendations to the store operations, construction, maintenance and real estate leadership teams; led the creation of annual budgets, monthly forecasts and business analysis to identify risks and opportunities Reviewed weekly results with the Operations management team, and formulated tactics to close gaps and meet P&L targets for payroll, sales and other expenses Led annual budget meetings with the Executive management team providing metric based review and expense bridges Partnered with the accounting team to close the monthly results

Quincy, Ma

Managed and developed financial models used for budgets, forecasts and long range planning for a multi-billion dollar grocery chain.  Led the preparation of the annual budget, quarterly updates and long range plans for the full divisional P&L; collaborated with Senior executives to analyze key drivers, develop core assumptions and set top level goals Worked cross-functionally to establish effective financial, planning and reporting strategies for the business Partnered with the leadership team to implement several profit driving initiatives, including improving under-performing stores, shrink improvement, inventory control, expense control and competitor pricing/marketing strategies Established frameworks and created ROI models to ensure investment proposals aligned with business strategy Created a suite of trend reporting and robust financial tools to support insights into the business Collaborated with Pharmacy Sales & Operations Department, and provided monthly reviews and diagnosis of results versus last year and plan; provided visibility into KPIs to better understand business performance

Quincy, Ma

Prepared company’s balance sheet budgets and forecasts and related analysis (working capital, RONA, cash flow) for annual budget, rolling forecasts and three year plan. Coordinated budget process, scheduled and reviewed results with Senior Management.

Quincy, Ma

Developed and Produced Management Reporting & Budgeting As the first Manager of the Department, created Reporting processes and structures (using internal and market data - IRI, ACNielsen, ABC, Space Management, Spectra) that provided Weekly, Period and ad hoc analysis to identify core business issues and provide complete reporting. Developed Sales and Gross Profit Budget process by Product line.Managed team of a five Analysts that provided ad hoc analysis to merchants on specific tactics used to drive sales and margin. Provided analysis of ad placement, shelf placement, pricing tactics, bargain aisle programs, and competitor programs. Team also supported the Budget and Category Business Plan processes and support. Provided development features for software tools to improve data integration and drive analysis into routine business. Ran project implementation working with internal IT resources and third party resources. IT development included Company’s Data Warehouse tool (MicroStrategy Web) and enhanced Category Management tool (Data Alchemy). Developed custom Excel spreadsheets to work with tools to create enhanced reporting features.Developed Category Business Plan Process and led Plan executionDeveloped Category Business Plan Process, which included strategic development, supporting analysis and reporting. Developed and delivered training on Category Management practice. Made recommendations on plans and provided analytical guidance to Category Managers to help determine opportunities and identify threats within their categories.

Developed, Managed, and Produced Reports and Analysis for Company Created the Company's Period Profit & Loss Statement. Prepared and reviewed Summary P & L and Detail Expense reporting for all stores. Provided written analysis of results versus Budget and Last Year. Prepared strategic analysis of individual store Departments (i.e. Video, Pharmacy). Provided reporting for; Weekly Sales, Overhead, Weekly Projections, Departmental P&Ls, and other management reporting as needed. Managed Key Budget Areas for the CompanyPrepared, reviewed and provided variance analysis for the Store Sales, Store Gross Margins, Store Expenses, Company Benefits and Company Overhead areas of the Budget. Worked directly with and provided guidance for Department heads across the company to complete their Budgets, test assumptions and prepare Budget presentations for Senior Management. Managed the Budget schedule, built supporting spreadsheets, provided ad hoc analysis and assisted Budget Director in preparing and delivering final Budget and Long Term Plan presentations to Senior Management.Evaluated, set the business needs, and implemented, working with third party system providers, the Company Budget software tools. Responsible for spreading and reviewing budget to individual stores and store selling departments by fiscal period. Managed Financial Reporting & Budget StaffRecruited, trained and developed six person team of Analysts. Trained staff on advanced spreadsheet skills and advanced PC database skills. Developed staff's knowledge of Company's Accounting systems, Budget and Forecasting techniques, and standards for report design, preparation and review.

Quincy, Ma

Closed the Accounting cycle and Tied out Period ResultsResponsible for closing the Accounting book for the Company and managing all aspects of Period closing, including General Ledger balancing, journal entries, and Account reconciliation. Worked with Accounting Management to insure accounts were reviewed and verified. Presented the final results versus Budget, Projection, and Last Year to Senior Management.Developed and maintained the Company's General Ledger Accounting and reporting systems. Acted as Business Leader for all General Ledger system development and reporting software development. Implemented and managed Sales Reporting system. Implemented Store and Department P&L, Allocation, Suspense processing, and on line journal systems as part of General Ledger processing. Worked with IT associates to implement several interfaces with main frame systems and desk top spreadsheets to automate work flow.

Master Of Business Administration (Mba), Finance

Bachelor'S Degree, Business/Managerial Economics

Education record