Mike Herrmann Email & Phone Number

Columbus, Ohio, US

Atmore, AL, US

 Implemented scheduling software that allowed WCH to better align labor to KPI’s in F&B, Player Services, Slots and various other transactional departments. Overall, resulted in improved customer services scores and over $1.3M in savings in the first year. Refined and implemented food and beverage offerings at one of our FL tracks that improved.

Reno, Nevada, US

 Responsible for performing and assisting in operational, marketing, and database analytics for three properties located in Louisiana, Mississippi and Florida. Review marketing analytics and discuss results, trends and strategy for Direct Mail, Promotions, Player Development and VIP Events. Work with Regional Sr. Director of Marketing in developing.

Las Vegas, NV, US

 Built, oversaw, and mentored the Southern Regional Planning and Analysis team as they carried responsibility for building various Operational, Financial, Marketing and Ad-hoc Analysis for all the Pinnacle properties in the South. Lead the preparation of Weekly Forecasting as well as Quarterly Financial Reviews for the Corporate Executive Team..

Lake Charles, LA, US

 Re-evaluated and maintained existing analysis and reports for value and effectiveness; revamped as needed. Spearheaded the Operating and Capital Budget process which involved gathering data, pulling together preliminary departmental budgets and review final revisions with department heads. Introduced a plethora of operational analysis such as Table and.

Lemoore, US

 Created the annual Operational and Capital Budget, with the collaboration of Directors, by scheduling meetings and providing various analytical tools to help determine future revenues and expenses. Conducted monthly financial review meetings discussing variances from budget and prior year while providing recommendations. Would develop financial plans.

New Orleans, LA, US

 Introduced various Table Games, Slot and Labor analysis for the New Orleans and Biloxi properties by determining inefficiencies and proposed potential opportunities to increase profitability. Created and interpreted Discounted Cash Flow Statements on various expansion/remodel projects which ranged from a capital cost of $1M up to $20M. Conducted.

 Identified opportunities in payroll and worked with department heads to reduce FTE’s from 1,200 to 1,050 resulting in an estimated yearly savings of $3.1M. Assisted the Director of Finance in creating of the Operational Budget. Worked with the Executive Team in planning and outlining strategies to grow 5% in a declining market faced with expansion of.

Hammond, IN, US

 Created the budget target for a property generating $360M in revenues by forecasting incremental revenue due to increased business levels, facility expansion, and increased competition. Created Cost/Benefit and ROI analyses for proposed expansion projects in excess of $30M.  Performed various competitive analyses that looked at market share, fair share.

US

 Created, maintained and reviewed labor analyses with executives to help reduce expenses. Assisted in the budget process by preparing the budgeted Payroll & related expenses. Developed forecasts based on volume indicators to predict future business levels for operations. Assisted GL in monthly close process as well as handling credit card disputes.