Lee Fennell's Location
Greater Chicago Area, United States, United States
Lee Fennell's Contact Details
Lee Fennell work email
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Lee Fennell personal email
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Lee Fennell phone numbers
About Lee Fennell
Financial executive with an operations focus that includes leadership experience in manufacturing, distribution, and ecommerce businesses. Proven ability to partner with senior leadership and work across organizations at all levels to achieve growth and profit improvement through a team approach. Strong experience in strategic planning, finance and accounting, and operations management. Education includes an MBA from Northwestern University, Kellogg School of Management.
Lee Fennell Work Experience Details
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Chief Financial OfficerSepire Apr 2023 - PresentBurr Ridge, Illinois, UsSepire is a marketing services and communications distribution company specializing in complex, compliance driven solutions. We are a technology forward company focused on delivering automation solutions in a highly secure environment. Our multi-channel communications services include contact management, printing, mailing, fulfillment, and electronic delivery. Sepire is a certified Women’s Business Enterprise. -
Chief Financial OfficerSteiner Electric 2017 - Apr 2023Elk Grove Village, Il, UsTrusted advisor to the CEO and the management team, enlisted to upgrade financial reporting and analysis, reduce financial risk to the company through the enhancement of internal controls, and consult in streamlining business processes.• Promoted from Corporate Controller to Chief Financial Officer in 2017. • Managing 5 direct reports and a total of 19 team members.• Lead the negotiations for an asset backed credit facility with Bank of America.• Directed functional managers to improve cash cycle resulting in payoff of company debt.• Reduced the month-end close cycle time by 75%.• Implemented new technologies that increased efficiency by 30%. -
Corporate ControllerSteiner Electric 2016 - 2017Elk Grove Village, Il, Us
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Management ConsultantM2 Ventures 2015 - 2016BOGA MenswearBrought back as a consultant by the CEO to develop financial projections for presentation to commercial lenders, lead the implementation of a point-of-sale system for retail, and complete the integration of an inventory management system.Blommer ChocolateRecruited by the Chief Information Officer to work with several functional areas to provide current state business process maps and offer technology and operational improvements plans. Efforts have resulted in the optimization of warehouse and shipping processes, kanban implementation, and laying the foundation for utilizing MRP and CRM solutions.
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Vice President Of Finance And OperationsBoga Menswear 2013 - 2015Chicago, Il, UsPartnered with the founder and CEO in developing the strategy for launch through ongoing operations. Primarily responsible for financial planning, accounting, human resources, risk management, operations, and technology. • Created and presented investor deck with the CEO resulting in new equity funding• Established the structure for financial management and operational accounting for the business• Developed supply chain including suppliers, international shipments, warehouse and fulfillment• Integral role in the development of the brand's website, wholesale distribution, and retail channels -
ControllerThe Sterno Group 2011 - 2013Enlisted by the Vice President of Finance to help lead the finance team and leverage my experience in manufacturing to drive business analysis, cost improvements, and implement new initiatives. Accountable for team development, budget process, monthly close and financial reporting, and annual audit. Blyth sold Sterno in late 2012 after a successful effort was made to bring the business to profitability.• Partnered with the VP of Operations on initiatives resulting in a 15% increase in gross margin• Coordinated evaluation of 3PL warehouses resulting in a 20% reduction in transportation costs• Managed a team through a new product development initiative adding $10M in annual revenue• Retained to work with the buying company in post-acquisition integration
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ControllerDesignpac Gifts 2009 - 2011UsRecruited by the President of this $60M division of 1800Flowers.com to lead the financial transition from a privately-held business to a public company and in launching a new direct-to-consumer channel from product development to back-end system integration. Overall authority included finance, accounting, human resources, and IT.• Partnered with the President in the launch of a consumer segment adding $25M in revenue• Consulted the President and VP of Sales in a customer acquisition adding 20% to revenue• Led the effort to improve gross margins in the consumer segment by 15% -
Accounting And Operations ManagerAutomated Industrial Machinery 2008 - 2009Brought in by the owner of the business to upgrade leadership, ensure the execution of the strategic plan, and to evaluate organic and acquisition growth opportunities. Full ownership of accounting, budgets and forecasts, treasury, human resources, and operations.• Initiated Lean Manufacturing effort at the company resulting in a 30% reduction in process time• Instituted formal month end close, budget and forecast, and operational review with ownership• Expanded the use of the SAP Business One system to all facets of the business
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Operations ControllerColeman Powermate 2007 - 2008Charged with being a resource for both the Chief Financial Officer and the Chief Operating Officer to upgrade reporting and analysis in operations to drive margin improvements. Responsibilities included the financial management of two production plants and one distribution center including accounting, budgets, and forecasts.• Created a model to simulate effects of volume on labor resulting in a 15% reduction in costs• Ensured asset-backed loan covenants were met and borrowing base was maximized• Led a team to determine the cause of product failures resulting in $275K in supplier credits
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Product ManagerBretford 2005 - 2007Franklin Park, Illinois, UsPromoted by the Vice President of Marketing into this role to manage the product life cycle for existing product lines and coordinate the activities for new product development including marketing mix, product derivatives, and sales education. Created a process to track metrics, improve the demand forecast, and conduct competitive products analysis. -
Manager Of Scheduling And Inventory ControlBretford 1999 - 2005Franklin Park, Illinois, UsJoined the operations group that was responsible for $30MM in sales to turnaround an underperforming division. Execution of initiatives resulted in on-time delivery improvement from 50% to 95%, reduced leadtimes by 75%, and increased inventory turns 300%. I was a key member of the Lean Manufacturing team where I led or participated in over 35 kaizen events.
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Cost Accounting ManagerBretford 1996 - 1999Franklin Park, Illinois, UsHired into this role by the Director of Finance to partner with operations to improve the accuracy of our product cost information, focusing on the launch of a new product offering. In addition, led cost reduction teams, developed key performance metrics for operations, and was a key member of a JD Edwards installation.
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Plant AccountantMccain Citrus 1994 - 1996
Lee Fennell Skills
Forecasting
Management
Budgets
Strategic Planning
Accounting
Financial Analysis
Process Improvement
Leadership
Financial Reporting
Strategy
Pricing
Cross Functional Team Leadership
P&l
Microsoft Excel
Budgeting
Business Process Improvement
Cost Accounting
Sap
Supply Chain
Product Development
Consumer Products
Analysis
Competitive Analysis
Business Strategy
Sarbanes Oxley Act
Supply Chain Management
Manufacturing
New Business Development
Financial Modeling
Lean Manufacturing
Operations Management
Contract Negotiation
Product Management
Finance
Internal Controls
Managerial Finance
Business Planning
Cash Flow
Variance Analysis
Financial Planning
Start Ups
Change Management
Business Development
Continuous Improvement
Lean Management
Lee Fennell Education Details
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Northwestern University - Kellogg School Of ManagementAnd Entrepreneurship -
Northern Illinois UniversityFinance
Frequently Asked Questions about Lee Fennell
What company does Lee Fennell work for?
Lee Fennell works for Sepire
What is Lee Fennell's role at the current company?
Lee Fennell's current role is Chief Financial Officer at Sepire.
What is Lee Fennell's email address?
Lee Fennell's email address is lf****@****tnr.com
What is Lee Fennell's direct phone number?
Lee Fennell's direct phone number is +163080*****
What schools did Lee Fennell attend?
Lee Fennell attended Northwestern University - Kellogg School Of Management, Northern Illinois University.
What skills is Lee Fennell known for?
Lee Fennell has skills like Forecasting, Management, Budgets, Strategic Planning, Accounting, Financial Analysis, Process Improvement, Leadership, Financial Reporting, Strategy, Pricing, Cross Functional Team Leadership.
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