Michael Carpenter Email & Phone Number

Atlanta, Georgia, US

Atlanta, Georgia, US

• Provide direct Financial, Analytical and Strategic support to the Sr. Director of THD Building Services Organization in the areas of Maintenance Expense ($500M), Operations Expense ($250M), Maintenance Capital ($300M).
• Manage and develop a team of 3 associates and 1 contractor
• Project and establish 3-year capital and expense targets through the Strategic Planning Process; targets based on volume and inflation analysis as well as strategic cost out initiatives
• Conduct RFP bid analytics across numerous vendors and maintenance activities in order to achieve maximum cost out
• Responsible for recurring financial reporting, establishing monthly store-level plans and maintaining accurate capital and expense forecasts
• Communicate timely to Corporate Accounting and FP&A regarding variances to plan, forecast and last year as well as material forecast changes

Atlanta, Georgia, US

• Support the THD Pro Operations team from a Strategic, Analytical and Financial perspective in order to drive sales, profitability and key initiatives Core Responsibilities
• Managed and developed a team of 2 associates and 2 contractors
• Responsible for Pro Financial Reporting, including: monthly Executive summaries and presentations; weekly Field Leadership and store-level sales and operating metrics; and daily/weekly/monthly sales reports for Outside.
• Developed store-level sales plans totaling $8.8B in 1H 2014
• Created sales and margin plans for 200 Outside Sales associates totaling $820M in 1H 2014
• Managed the processing and accruing of Pro Customer Rebates totaling $40M in FY2013

Atlanta, Georgia, US

Promoted in position to Sr. Finance Manager, see description aboveKey Accomplishments Analytics: Conducted high-profile analyses and presented findings to Executive Leadership, including CEOo Conducted deep-dive analysis on THD’s Volume Pricing Program and presented findings to CEO, CFO and Executive Leadership teamReporting: Developed and led key.

Atlanta, Georgia, US

• Supported Service classes across Building Materials departments by partnering with Merchants and Finance counterparts to forecast, analyze and understand drivers to financial performance. Additionally, supported the.
• Participated in monthly forecast reviews with Senior Leadership, communicating financial drivers
• Conducted financial analyses to quantify earnings impact of Merchandising decisions
• Performed adhoc analyses to identify key drivers of margin performanceVolume Pricing Program (VPP):
• Managed weekly VPP sales and markdown reporting, conducting adhoc analyses to understand drivers
• Monitored performance of Pro Rewards pilot and impact on sales and markdowns; participated in weekly meetings with Senior Leadership

Atlanta, Georgia, US

• Supported Merchandising organization through management of rebate and co-op marketing contracts and monthly accruals within Building Materials departments; FY09 - $1.1B in rebate and co-op funds
• Managed monthly rebate and co-op accruals to gross margin
• Accurately forecasted monthly rebates for unit-based agreements; $96M annualized rebate
• Actively managed all tier based agreements to minimize risks and seek next tier opportunities; reduced negative gross margin impact by $2M YOY
• Developed and managed monthly rebate and co-op reporting
• Presented department performance to MVPs and Merchants monthly; communicating all risks and opportunities

Atlanta, Georgia, US

• Rotational 2-year program focused on developing business leaders; emphasizing personal development, peer and upward feedback and business process improvement
• Mentored team members in data analysis, including: IBM/Base Tables, Microsoft Excel and Access tools, data extraction, database creation and query development and execution
• Performed data analysis to identify key drivers of shrink resulting from price changes, including: commodity SKUs, price changes related cycle count execution and aging of clearance merchandise
• Identified opportunity to enhance reporting as it pertains to price change cycle count execution; implemented by Asset Protection organization in Q1FY09
• Developed a tool to improve issue resolution, research and communication for store vault associates; implemented by Store Operations
• Developed an Access database leveraged by THD Merchandising Execution Team for store district alignment, associate allocation and general reporting

US

• Managed and coordinated distribution of scholarship payments; annual value of $110M
• Forecasted future scholarship participation and scholarship program value
• Researched and rectified outstanding payment issues
• Performed data research, analyses and developed reports for use by internal and as external customers
• Communicated at a tactical and strategic level across multiple departmentsAccomplishments:
• Created and implemented new payment process to prevent misallocation of scholarship funds; savings of $600K in the 2005-2006 school year

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

Bachelor'S Degree, Finance, General

Associate'S Degree, Liberal Arts And Sciences, General Studies And Humanities