Megan Luke Email & Phone Number

Minneapolis, Minnesota, United States

Minnetonka, Minnesota, United States

You know me as the strategic financial professional who will get you from here to there and increase financial predictability and profitability the entire way.I can help you...• Build a strategic roadmap to move your business from current state to future state.• Create financial plans that are realistic, flexible, and achievable.• Assess viability of projects, products, and offerings - both old and new.• Bring financial and business acumen into the organization.• Translate financials into the language of business.• Develop planning processes that fit your company.• Figure out any business question because they all have financial implications.

Eagan, Minnesota, United States

Introduced finance organization, shifting focus from accounting to overall financial performance enhancing business acumen and investment allocation. Led 7-member team, applying finance processes, strategic planning, and executive influence to support high-end residential construction expansion amidst market growth.𝗦𝗲𝗹𝗲𝗰𝘁 𝗔𝗰𝗰𝗼𝗺𝗽𝗹𝗶𝘀𝗵𝗺𝗲𝗻𝘁𝘀: ► Established commercial Finance function from scratch, introduced monthly reporting, detailed forecasting, and coordinated annual operating planning; guided budget creation aligned with capability building, strategic projects, and business growth.► Aligned executive view of financial performance, redirected funds for IT and external consulting, created space for employee experience programs while permanently reducing cost base by 200bps, enabling BU President to navigate inflation and unexpected expenses while maintaining budget adherence and business growth momentum.► Teamed with business unit President to craft a 3-year strategic plan addressing pandemic housing market hyper-growth challenges, aligning strategy with operations to achieve financial targets by reducing non-critical projects, and introducing strategic milestones.

Bloomington Mn

Retained with Tornier-Wright Medical merger as business unit CFO for fastest growing Upper Extremities business in the world, developing financial process, analytics, and reporting to guide business unit leaders in drive for #1 global market share. 𝗦𝗲𝗹𝗲𝗰𝘁 𝗔𝗰𝗰𝗼𝗺𝗽𝗹𝗶𝘀𝗵𝗺𝗲𝗻𝘁𝘀: ► Executed 3-year planning with business unit leadership, integrating strategy, market share, product roadmaps, and financials. Process adopted by Wright Medical corporate finance and expanded across the enterprise.► Architected financial model yielding >20% annual revenue growth for 3 consecutive years and remarkable 900bps surge in operating income, facilitating robust positive cash flows for infrastructure investments. ► Collaborated with Marketing and R&D to create enhanced financial models for new product launches, resulting in improved accuracy, ROI projections, and higher project quality. Implemented company-wide at Wright Medical.► Devised revenue-focused tool dissecting growth components, collaborating with key teams to justify essential investments in personnel and capital; swiftly aligned Executives and Board for market share rise from #4 to #2 globally in one year.

Bloomington, Mn

Revamped FP&A with sophisticated budgeting, strategic analytics, and financial structure to facilitate company sale to Wright Medical. Pioneered global FP&A for Tornier, formulating reporting, metrics, forecasting, and budgeting foundations. Led Integration Management Office during Tornier-Wright Medical merger.𝗦𝗲𝗹𝗲𝗰𝘁 𝗔𝗰𝗰𝗼𝗺𝗽𝗹𝗶𝘀𝗵𝗺𝗲𝗻𝘁𝘀: ► Orchestrated annual operating plan process, linking cross-functional strategic plans and financial budgets, fostering global executive collaboration to achieve corporate financial objectives.► Pioneered executive reporting package, transforming accounting data into actionable business insights by analyzing revenue, profit, and cash flow. Collaborated with Controller for streamlined month-end close and review procedures, enhancing internal control efficiency.► Cultivated exceptional FP&A team known for impact on company profitability, valued by business leaders as integral team members. Retained all employees post-merger due to strong talent pool.► Discovered $25M in integration cost savings, skillfully managed team and process to drive cost reduction, resulting in a lean post-merger organization.► Developed product-level P&Ls pivotal in valuing company during negotiations with Wright Medical, offering transparent profitability insights for critical merger products.

Eden Prairie, Mn

Led Executive financial reporting and partnered with business owners to identify key drivers and provide insight by balancing historical view with forward projections. Promoted to new roles throughout tenure.𝗦𝗲𝗹𝗲𝗰𝘁 𝗔𝗰𝗰𝗼𝗺𝗽𝗹𝗶𝘀𝗵𝗺𝗲𝗻𝘁𝘀: ► Developed finance capability for $25B traditional retail segment, transitioning from variance to insight analysis.► Led cross-functional sales budget planning for 10 retail banners, establishing drivers of sales through partnership with banners and headquarter business owners to ensure realistic and representative plans.

Plymouth, Mn

Finance partner overseeing $150M marketing investments. Analyzed program ROI, media effectiveness, direct mail ROI, and sales impact of promotions. Collaborated with Retail President on sales, marketing, admin, field expenses planning. Led cost reduction post-2008 downturn, aligning expenses with 60% sales loss. Developed org structure, assessed expenditures, sustaining operations. Supported product development with business cases, pricing analysis based on consumer sensitivity.

Richfield, Mn

Various roles in finance, merchandising planning, and marketing with several promotions from Senior Financial Analyst to Director during my tenure.