Randy Thurman Email & Phone Number

Idaho Falls, Id, Us

San Jose, Ca, Us

Adobe acquired Magento in June, 2018. Since acquisition, was heavily involved in working through the financial integration, budgeting, forecasting, as well as partnering with Business Development and Corporate Marketing as Magento became more integrated into the Adobe Digital Experience (DX) business. After one year, moved into a new role leading an effort to bring financial insights and solutions to the total DX finance organization utilizing Power BI and Tableau.

San Jose, California, Us

Two months after separation from eBay as a stand-alone e-commerce solution, joined Magento to design an FP&A process, planning tools, and analytics. Worked with the controllership to reorganize the chart of accounts, cost centers and all other master data to provide an efficient structure for planning and reporting the business necessary for rapid growth. ● While working with accounting to help drive restructuring the chart of accounts and new functionally assigned cost centers for P&L alignment, built a planning system that allowed users to input budget data at multi-dimensional intersections while consolidating into multiple high level views of the business. Also included headcount planning capable of immediately burdening total headcount cost based on global location, timing, and job position. In addition, designed a headcount requisition process which coordinated Finance and HR to track open reqs from talent search through hire.● Additional build out of the consolidation model included a dynamic balance sheet and cash flow that reacted to planning updates from expense and topline adjustments.● Responsible for preparing Board of Director slides and consolidating the total deck from other sources outside of FP&A on a quarterly basis. Much of this information was dynamically connected to the planning and reporting tool which proved efficient and accurate during times of multiple iterations with quick turn-around.● As the business grew and became more complex, designed a front end framework for planning and reporting and brought many solution providers in to examine, in detail, the best solution to solve all requirements. Once a vendor was selected, worked closely with technical colleagues to manage the implantation and data validation of the new tool in an accelerated timeframe.● Throughout the planning process, partnered with department leadership to manage performance against budget, prioritize funding, headcount planning and overall expense management

Austin, Texas, Us

Global FP&A, focused on long range planning, multi year line of business modeling and process design. Also worked with business leaders to model two emerging lines of business that are strategically key to Oracle’s cloud strategy.

Santa Clara, California, Us

● Managed financial planning process. Lead weekly meetings with 15-20 functional owners and planners across company to communicate targets, deadlines, deliverables and forecast direction. Used meeting to communicate best practice and knowledge sharing to create team environment and maintain process consistency across functions● Acted as Business lead for Corporate Planning on financial transformation initiative. Co-lead team of nine consultants and IT professionals to design, test and implement new global planning, budgeting and forecasting tool. The tool was integrated with all three financial statements and corporate wide metrics that are dynamic through the tool to ensure plans are accurate and on target● Created 80-page training document and designed global training sessions for new reporting tool. Worked closely with IT to ensure technical success, confidence and integrity of new system. Month-end close activities and analysis are designed with new tool and used extensively around the world● Designed requirements necessary to bring quick and efficient cost center reporting tool to global finance community. Managed team of five consultants to ensure project was under budget, built according to design and implemented on go-live date. Reports could now be written and/or refreshed in seconds rather than hours● Designed revenue recognition model that gave management view to current revenue position any day of quarter. Model replicated close process in automated way, which included processing over 40,000 lines of sales data. Model was recognized for accuracy and speed to deliver information within minutes

Santa Clara, California, Us

● Cash management, including daily global cash positioning, processing wires, managed global banking platform ensuring 110 global bank accounts were current with legal documentation and corporate controls● Maintenance of letters of credit/bank guarantees to ensure regional operations continue without interruption. Constantly review the need of all guarantees to potentially collect collateralized funds● Indirect cash forecasting which involves coordination with corporate planning, global operations, AP and credit teams to make certain all working capital inputs are aligned. Potential liquidity and operational actions are assigned/managed to achieve cash targets● Designed an indirect cash forecasting model, incorporating all three financial statements, which allowed for multiple scenarios and inputs on the fly, and generated analysis with charting instantaneously. Currently being used among the executive leadership● Maintenance of all long term debt facilities ensuring interest expense, service fees and any discounts are calculated, accrued and booked accurately on a monthly basis. Responsible for SOX compliance and all internal controls related to long term debt are performed, including compliance on an Asset Based Lending facility

Abbott Park, Illinois, Us

● Lead the financial planning and analysis activities and provide detailed reporting to the corporate financial planning team. Work extensively with the Sales leadership to provide analytics to drive quota setting, market share achievement and sales goals. Design and implement a real time sales reporting tool that connects directly to the ERP system● Custom designed a financial reporting system and collaborated with IT to deliver tool that gave users access to sales data any time of day, which also included executive dashboards. Sales leadership used tool extensively to provide field direction throughout month to drive and achieve targets● Designed and built a budget tool that provided reporting capabilities for non-finance users to understand budget targets and details of inputs. This model was also designed for product and region level reporting and also generated an efficient output file for quick import into the ERP system when the current plan became final● Designed a revenue planning model for planning sales at the agent and product level, incorporating market data to effectively plan for each agent’s performance potential and market share

Warsaw, Indiana, Us

● Conducted all budgeting and forecasting responsibilities, including financial modeling, reporting and training. Worked closely with the Sales Executive to analyze sales performance, forecast sales and determine quotas. Took the current planning process and identified areas for improvement that lead to the design of a dynamic, integrated planning tool that allowed very quick turn around time and “what if” capabilities● Used sales agent compensation plan to drive sales growth and market penetration. Built model that identified market share and calculated quotas, commensurately, to achieve market growth based on agent potential. Agents with more market share to obtain had higher growth targets. Top line and market share grew sequentially ● Built Time Value of Money model for president of company. Design was focused around inputs that could be entered on the fly when negotiating multi million dollar surgeon contracts. Total cost to company was immediately calculated and decisions were made to ensure relationships and long term cost strategies● Built an Excel based budget model. Dynamically interacted with balance sheet and cash flow statements and also included functionality for scenario, or “what if” analysis. Model also received actual data and was used for monthly variance reporting● Chosen to work with financial integration team due to an acquisition. As the acquiree, providedguidance in all areas of finance to successfully align both companies to integrate global FP&A and reporting. Goal to perform efficiently as one organization was attained within an 18-month time horizon

Round Rock, Texas, Us

● Managed the cost allocation process for total IT spend across all business unit P&Ls. Drove efficiencies by building an allocation model that performed with a more direct business methodology that saved time and provided greater accuracy. In the consolidation role, coordinated the budgeting process to ensure targets were met and designed analysis to measure performance against plan during close periods

Southlake, Texas, Us

Denton, Tx, Us

Bachelor Of Science (Bs), Finance

Bachelor Of Arts (Ba), Percussion Performance