Rick Stone Email & Phone Number

Hoboken, New Jersey, US

Walnut Creek, CA, US

• Lead the Procurement and Logistics Finance functions in forecasting and budgeting processes
• Revamped/Streamlined the analysis and reporting of Procurement and Logistics actual costs (vs. budget, forecast, and prior years)
• Implemented a cross-functional monthly close reporting process between site-leadership, Finance and Executive leadership
• Develop KPI reporting capabilities for the distribution and transportation functions – Warehouse Cost per case, Transportation cost per Cwt shipped
• Drive Productivity across the Logistics and Purchasing Functions – Value Engineering cost savings projects, Vendor Contract Negotiations, Warehouse Footprint optimization savings
• Manage the commodity hedging function for natural gas and diesel consumption

Palatine, Illinois, US

• Provide financial leadership in support of the Supply Chain Operations group (MFG and Sourcing)
• Managed through record growth in volume during COVID and unprecedented Inflation Headwinds (Raw Materials, Labor)
• Calculated Inflationary impacts to help Business take pricing to cover cost increases.
• Developed Labor Productivity Models to drive YOY savings/efficiency in the MFG facility.
• Oversaw the financial modeling/NPV/ROI analysis for key strategic initiatives (new European manufacturing facility, consolidation of US factories into one location)
• Developed the Supply Chain Annual Operating Financial Plans (Raw Material, Overheads, Capital Spending, Labor, Productivity, Tariff Implications, MFG Network Footprint Optimization)

Palatine, Illinois, US

• Responsible for maintaining standard costing in SAP environment
• Streamlined Supply Chain FP&A function for Budgeting and Month End Variance Reporting
• Assisted in the manufacturing footprint optimization planning / analysis;
• Overhead / Cost Center forecasting and budgeting
• Helped reduce $30MM of OH costs over 3 year period
• Lead financial support for the launch of multiple product lines

• Provide financial leadership for the category including financial and businesses oversight
• Serves as the voice of finance function in the decision making process as it relates to quarterly/annual reviews, monthly close process (including analysis and reporting), oversight of commercialization initiatives.
• Interfaces with other members of Finance, Sales, Operations, Procurement and Customer Teams to deliver financial commitments and identify contingency plans
• Supports efforts to reduce costs through manufacturing operations and overall business management and works with Procurement & business team to align on strategic pricing and risk management strategies.
• Develop all Category financial plans (AC, MBR, etc.) and system (FiT) loads for major forecast submissions (Hyperion/Essbase/SAP)
• Understand actual and forecast performance of the category across entire P&L (From Consumption to GR to NR to OI) across category and customers

> Responsible for coordinating and consolidating all forecast and Strat Plan processes across each sub-BU.> Prepare the forecast presentation decks that are submitted to Corporate FP&A.> Provide analytical support for the Senior Director of Finance.

• Responsible for Domestic Foodservice BU full P&L reporting and forecasting.
• Responsible for customer sales discount forecasting and analysis
• Ad-hoc financial analysis

• Managed operational expenditures. Responsibilities include preparation of budgets and monthly variance bridges with commentary for senior management.
• Partnered with cross functional teams to evaluate and execute network reset of production facilities.
• Teamed with sales, marketing, and R&D functions to optimize product costs.

• Managed the Distributor Trade budget for the Foodservice division – month-end close process, forecast updates, budget variance analysis.
• Worked with the Distributor Sales Team to develop new trade programs – prepares cost estimates, analyzes budget implications.
• Supervised Trade Finance staff – manages workload within the finance team.
• Provided financial support to the Distributor Sales Team – prepares Distributor P&L Statements, ad-hoc reporting.

• Managed the National Account Volume Planning process by gathering the volume planning data from the different channels and prepared the various reporting packages. Facilitated the forecast meetings between Marketing.
• Provided financial support to the National Account Sales Team - prepared customer P&L Statements, customized reporting packages, ad-hoc reports.

• Prepare operational and financial reporting packages for senior level management (e.g. customer line install/disconnect, minutes of use, network utilization, etc.)
• Identified, investigated and resolved customer/billing related issues by working within all areas of the company (Sales, Billing, Provisioning, Network Engineering, Field Operations, etc.)
• Manage the customer toll-free rewards program
• Created ad-hoc reports for senior level management when requested

• Developed key performance metrics and analytical reports for senior level management utilizing a wide range of information systems and data warehouses
• Created ad-hoc reports for senior level management when requested
• Identified, investigated and resolved customer/billing related issues by working within all areas of the company (Sales, Billing, Provisioning, Network Engineering, Field Operations, etc.)

• Performed process and operational audits focusing on key Telecommunication risk areas (e.g. billing, revenue and cost assurance, order entry, provisioning, etc.)
• Analyzed risks, performance and best practices to improve business processes in an internal control environment
• Participated in the PeopleSoft software implementation to ensure that proper controls were integrated into the different financial modules
• Supervised and trained audit staff

• Conducted client risk assessments utilizing specialized software to identify and prioritize the clients’ most significant risks
• Developed audit plans based on the results of customer risk assessments
• Performed process and operational audits by analyzing risks and testing the effectiveness of the controls in place to mitigate those risks
• Utilized best practices to improve business processes focusing on the internal control environment
• Performed year-end financial statement audits for publicly traded companies
• Developed project management skills

Mba

Education record