Jake Shockley, Mba Email & Phone Number

Denver, Colorado, United States

Manage P&L forecast and all accounting activities for $100M+ marketing budget. Collaborate with teams globally across the organization including maintaining strong relationships with management and marketing teams to manage marketing budget and achieve strategic initiatives. Manage partnerships, accounts, and contracts for marketing vendors including NBC, NBA, Indiana Pacers, Detroit Tigers, Detroit Red Wings, Austin FC, Brand Ambassador Sponsorships, numerous digital media vendors, and others. Lead presentation of monthly marketing performance and KPI/metric review with Executive Team. Company acquired; role being eliminated.• Successfully managed ~20 accounts across multiple professional sports teams and leagues, collaborating with the marketing team on asset utilization, contract adjustments/amendments, performance tracking, and financial implications. • Reduced time needed for closing monthly financials by 50% (from 6 to 3 days) by leading team to automate and improve month-end close and reporting processes. Also enabled producing more timely metrics-driven financial reporting to improve decision making.• Automated and streamlined processes across all finance functions for monthly, quarterly, and annual executive budgeting/forecasting presentations, reducing preparation time by 50% (from 4 days to 2 days).• Led collaborative efforts with marketing executives to optimize spending efficiency, reallocate wasted marketing budget, and achieve a 10% reduction in overall marketing expenses while meeting customer acquisition targets.

Westminster, Co

Managed P&L forecast for multiple business units totaling over $100M in annual revenue, working with cross functional business partners in R&D, Marketing, and Sales. Improved long range planning and budgeting process through automation and increased business insight. Performed analyses on product profitability, COGS trends, and product pricing, among others. Reconciled over $50M of deferred revenue for a complex, subscription-based product.• Generated additional revenue of $2 million and achieved price stability despite rising input costs by conducting a detailed analysis to identify potential cost-saving opportunities in product production and strategically allocating limited inventory to high-value customers.• Finished the year within 0.8% of forecasted operational expenditures (OPEX), outperforming CEO’s 3% OPEX goal, by revamping forecasting methods down to individual P&L lines. Introduced methodology and templates to colleagues empowering them to forecast their business within 2% of OPEX for the year.• Achieved 25% improvement in division-level labor headcount accuracy, which ultimately contributed to a more accurate and holistic financial view of the division by pioneering a formal budgeting process for a previously unstructured R&D team of over 150 employees across seven businesses.• Developed 50+ dashboards and consolidated financial performance, earning high praise from executive leadership within a remarkable 4-month timeframe by taking a leadership role in implementing a new BI tool and facilitating collaboration among cross-functional teams of over 25 members.• Improved reporting for Quarterly Business Review and Long-Range Plan executive presentations, incorporating additional value-added insights to business performance and significantly reducing time taken for preparation.

Greater Denver Area

Forecasted and modeled individual site performance and cash flows for ~30 owned assets to support a myriad of data-driven business and process improvement decisions. Oversaw site development projects, tracking progress and calculating completion percentages, funding requests, and mitigating budget risks. Conducted underwriting and pro forma financial analysis for potential site acquisitions. Reviewed financial statements and prepared presentations for quarterly Executive Committee meetings. Promoted from Analyst to Senior Analyst in November 2016, which included additional people leadership duties.• Successfully completed multiple site renovations within established budgets by revamping processes and establishing templates, approval processes, and checkpoints for timely and on-budget site renovations. • Proactively identified and mitigated several potential covenant breaches, averting costly loan defaults and paydowns by implementing meticulous tracking and risk assessment of loans and investments.• Advised on the sale of several assets, including a 12-site portfolio, which achieved commissions exceeding $100 million, surpassing original investments.

Greater Denver Area

Greater Denver Area

Oversaw on-site end-of-season inventory management for five retail locations at one site. Ensured accurate POS system updates and inventory tracking processes, resulting in successful completion of season-end inventory audits, meeting all auditor guidelines and tests.

Englewood, Co

• Forecasted indirect and direct labor expenses to determine individual warehouse profitability.• Performed month end balance sheet and income statement variance analysis to report to upper management.• Performed numerous monthly journal entries to record activities related to corporate allocations, amortizations, accruals, payroll expenses, temp labor, severance, and facilities restructure expense, etc.• Participated as the accounting representative on a committee for sales commission restructuring, providing budget projections and financial analysis to assist with final commission update recommendations.

Broomfield, Co

• Performed monthly balance sheet reconciliations and flux analysis to ensure accurate financial reporting.• Reconciled, analyzed, and remitted state sales and use taxes for entities owned in NV, CA, and WY.• Reconcile more than 50 accounts on a monthly basis including: cash depositories, disbursement accounts, bonus accrual accounts, 401k accounts, burden liability accounts, capital lease accounts, amongst others.

Broomfield, Co

Attained a 97% reduction in outstanding receivables and enacted a 60-day overdue prevention strategy by implementing automation for identifying and addressing overdue accounts.

Broomfield, Co

Bs, Finance

Activities and Societies: Student Finance Association Investment Club

Master Of Business Administration (M.B.A.), Accounting And Finance