Tim Carney Email & Phone Number

• Guided a privately held retail business through liquidity-generating options, including the partial sale of the business, generating $1M in liquidity and a $2.4 million annuity for the owner’s retirement.
• Created a financial forecast model for a not-for-profit organization by analyzing trends over a 5- year period, which identified a $500K gap in cash flow versus their budget and provided recommendations to close the.

Minneapolis, MN, US

• Closed 100 loans in the first 9 months by building a strong relationship with the financial advisors and using my past private business experience to build rapport with their clients.
• Introduced a major client to a cost-effective alternative to an insurance bond through the use of a standby letter of credit at half the cost, generating $40,000 in fee income to the bank.

San Clemente, California, US

• Reduced the percentage of dollars over 60 days past due to 1.2% from 22.9% by mandating customer collection call requirements for all staff and setting daily and weekly goals, tracking efforts and results.
• Improved DSO by 34 days by developing and applying credit policies, establishing credit limits, regular assessments of customer credit worthiness and reporting of departmental key performance indicators to track.

Costa Mesa, CA, US

• Built and managed a $20M network of brand-enhancing international distributors and licensees, leveraging Nike’s global connections to identify and vet potential partners and negotiate license and distribution agreements.
• Expanded the Brazil, South Africa and Panama markets by replacing financially underperforming distribution partners, strengthening the brand, and increasing sales 30%.

Costa Mesa, CA, US

• Transformed multi-sourced, multi-formatted retail point-of-sale raw data, into meaningful retailer sell-through reports and dashboards, identifying selling trends which informed demand planning and resulted in more.
• Created a Top 20 Account Quarterly Business Review of Bookings by Division showing Quarter-to-Date and Year-to-Date bookings vs Prior Year and Budget, meeting weekly with Sales Leadership and Sales Reps to track.

Costa Mesa, CA, US

• Created and implemented each department’s SOP’s, workflows, and KPI’s, reducing both overlap and gaps in responsibilities and creating measurable performance matrices.
• Re-designed internal North America vendor compliance and reverse logistics processes, reducing shipping-related claims by $1M and returns backlog by 20 days.

Costa Mesa, CA, US

• Drove continual automation, efficiency and effectiveness of the billing and collection processes while reducing accounts receivable turnover by 8 days, increasing cash flow $4.5 million.
• Engineered a Canada direct sales model including logistics, treasury and pricing requirements which generates $20M in annual revenues.

Degree, Finance

Mba, Finance