DLC Available Consultant Spotlight
Andy McBride, MBA
Andy is an MBA with over 20 years of experience in Finance / FP&A, Accounting, Operations Management, Analytics and Administrative leadership. He has experience working with organizations to improve financial and operational results through transformational leadership and transparency to performance.
Andy has a strong record of impactful achievements including profit / EBITDA improvement, revenue growth, operations and business expansion, cost management and process improvement.
Andy will soon be available for new projects and engagements. Please let us know if you are interested in meeting with him!
Skills & Expertise
- Extensive executive / VP level experience at the corporate and divisional levels in all areas of financial planning, including preparation of annual operating plans, monthly forecasts and flash, mid- and long-range strategic plans, CAPEX planning, labor planning, operations improvement, KPI’s and ad hoc analyses.
- Established FP&A teams at three organizations. Developed teams from inception, built FP&A processes, provided transparency to results and established trust with business leaders.
- Interacted extensively with C-suite finance and operations leadership to develop, review, analyze and present financial results, strategic plans, financial analysis, budgets, operational assessments, and M&A deal analysis.
- Prepared and presented monthly and quarterly forecast and flash in accordance with organization objectives for a variety of companies across several industries. Reviewed results, analyzed and explained major variances and made recommendations for corrective actions, as needed to support organizational goals.
- Created detailed business plans associated with over $200M capital project and feasibility studies for several companies including transportation, distribution, retail development, manufacturing make versus buy and IT outsourcing. Worked closely with cross-functional operational teams to identify and quantify project value levers and supported investment decision using NPV and IRR decision methodologies.
- Led five-year strategic planning efforts for numerous companies across a wide range of industries. Partnered with key company leadership to create plans that included detailed competitor analysis, SWOT analysis, technology footprint, CAPEX requirements, market penetration opportunities, assessment of current and potential customers, new product / service and organic revenue growth, labor planning (on and off-shore) and infrastructure development.
- Developed and led global Annual Operating Plan for several companies and industries. Plans included revenue targets, EBITDA, economic profit, working capital, CAPEX and free cash flow goals through new business and organic revenue growth initiatives, operational efficiencies, detailed labor planning and strategic capital deployment. Integrated the operational, marketing, and financial plans of the organization.
- Managed cash and working capital in order to maintain proper liquidity levels to support ongoing operations and bank-imposed debt service covenants. Established 13-week cash forecast reporting for strict management of operating and restricted cash flow. Interacted closely with CFOs and senior finance leadership to determine future cash flow requirements and developed corrective plans to protect against debt covenant deficiencies.
- Created detailed justification for $40M investment to consolidate distribution centers. Worked with logistics consultants to optimize operations and location of 500K square foot facility serving over 2000 retail customers.
- Led the Finance team initiatives associated with a major new product rollout. Developed financial models, led project justification, and presented corporate funding request. Determined inventory systems requirements and led the development process along with IT project management. Developed impact forecast by location and updated financial plans. Provided training on new procedures to 1000+ field operations managers.
- Performed benchmark analysis of SG&A expenses in comparison to industry standards. Analysis identified expense reduction opportunities and resulted in lower operating cost structure.
- Extensive experience building, improving and refining dozens of budgets, forecast, planning, analytical, valuation, and other types of financial models in various companies and industries.
- Strong working knowledge of various financial models and analytical tools including DCF, CAPM, NPV, IRR, economic profit, growth model, 12 month rolling average, trend analysis, ratio analysis, sensitivity analysis and scenario modeling.
- Built and maintained dozens of monthly, quarterly, and five-year budgets and forecast models for numerous companies across several industries. Models included forecasted financial statements (income statement, balance sheet, cash flows), CAPEX planning, labor and staffing planning, integration of historical monthly financial statements, sensitivity analysis to assumption changes on income statement and balance sheet, and forecasting of debt covenant compliance with external lenders.
- Built and maintained dynamic firm and asset valuation models in support of M&A and divestitures, partner / owner buy-outs, debt-covenant audit, and bank recapitalization efforts. Utilized several valuation techniques, including discounted cash flow (NPV / IRR), replacement cost and price multiples.
- Created detailed 13 week rolling cash flow models in support of working capital and CAPEX planning, and monitoring debt covenants coverage.
- Defined project scope and gained buy-in from the key executive stakeholders; developed detailed project plans with trackable milestones, defined resource needs, documented key risks and the associated mitigation plans, and created communication plans.
- Monitored project costs and ensured that total costs remained within established budgets; coordinated the request of additional funds as necessary due to changes in project scope/deliverables.
- Led business case development and justification for enterprise wide data center consolidation and exit plan. Project included Microsoft Azure migration and data center co-location strategy to reduce $150M baseline cost structure.
- Managed the financial processes, controls, and oversight of a $230M Network-as-a-Service implementation for a Global Retailer. Project involved supporting the IT Infrastructure team through implementation and delivery, monitoring budgets, forecasts, and variances to plans. Developed action plans as needed to stay within original project budget for both operating and project spend.
- Led project to rollout Economic Profit / EVA financial targets across $2B business unit. Worked with Training team to develop tools for field managers to improve understanding of EP and new operational processes, created new management reporting tools to monitory performance and integrated EP metrics into compensation plans.
- Led project to implement new short-term incentive compensation reporting tool for over 1,800 employees across 34 plan types. Included cross functional support from HR, Accounting, and IT. Improved forecast accuracy, saved employee time and helped drive improved performance.
- Managed calendar and task list for monthly forecasting, annual budget, strategic planning, and quarterly external reporting processes. Coordinated within and across various functions.
- Implemented a closing schedule, which set timely guidelines for month-end reporting, reducing closing process from eight to four business days by implementing SAP general ledger module and introducing additional process improvements.
- Hands-on and supervisory accounting leadership experience with several companies. Experience encompasses lease and cash transaction accounting, sales tax, financial reporting and consolidations, financial planning, budgeting, business, and strategic planning.
- Participated in monthly, quarterly, and year-end closing process within multiple companies, assuring the accuracy of data and integrity of reporting in accordance with Generally Accepted Accounting Principles (GAAP).
- Assisted with preparation of monthly GAAP compliant financial statements, review packages, variance analysis, key metrics and MD&A for Executive/Management team and Board of Directors.
- Prepared hundreds of monthly, quarterly, and annual management presentations on behalf of the CFO, CEO and Board of Directors.
- Held supervisory roles managing accounting and finance staff for numerous companies. Supervisory experience included all aspects of staff development, training, and mentoring.
- Provided sell-side valuation and sale support for several organizations. Presented financials to potential buyers, reviewed offers and led due diligence efforts.
- Developed buy-side strategic acquisition plans. Plans included detailed market and company assessment, initial acquisition strategies and valuation, and initial post-acquisition financial and operations integration models.
- Participated in several pre-acquisition due diligence efforts that included review of audited financial statements, balance sheet accounts, customer contracts, and intellectual capital.
Microsoft Excel
- Advanced Level Excel User including, formula building (SUMIF, SUMIFS, SUMPRODUCT, V-Lookup, H-Lookup, Arrays, Dynamic Named Ranges, etc.), graphing presentations (charts, trend lines, axis scales, multiple charts), conditional formatting, name definition and creation, hyperlink creation, data validation (dropdown list, and warning error message), filter (auto filter, advanced filter), data consolidation, subtotal, pivot tables, analytical tools such as Goal Seeker, tracing dependents, financial functions (PMT, FV, PV, NPV, RATE, and IRR), logical and nested functions (IF, AND, OR, and NOT functions in formulas), string, date, and time functions, statistical functions (MIN, MAX, MEDIAN, STDEV), worksheet sharing and protection, and customization of toolbars.
Microsoft PowerPoint
- Advanced Level PowerPoint User including, creating slide masters, working with templates and layouts, inserting objects (pictures, symbols, charts, sound), creating graphs and organization charts, working with embedded and/or linked objects, slide transition and animation as well as creating and running slide shows.
- Advanced Level Word User including embedded objects, linked spreadsheets, charts, tables and form design.
- Intermediate Hyperion Essbase Add-in for Excel, used for years to develop financial plans, manage month end close, ad hoc financial analysis and key performance indicators
- Intermediate level Vena user, creation of templates and reports, systems administration, chart of account mapping and ad hoc reporting
- Working experience with the following packages: PowerBI, Access, Smartsheets, SAP, Microsoft Project, Visio, MicroStrategy, SecureDocs, DocuSign
- Assisted with the sourcing and acquisition of a $40M asset-based loan. Provided analysis to a syndication of banks in support of debt facility refinancing. Developed reporting structure and contract language for ongoing management of covenants.
- Forecasted covenant compliance and quantified actions needed to achieve compliance from a P&L, balance sheet, and cash flow perspective. Jointly coordinated forecast inputs with the CFO and executive team and monitored alignment of forecast model for a strategic turnaround plan.
- Initiated new processes to monitor and report SG&A during restructuring. These combined actions resulted in a greater than 10% reduction in labor and non-labor controllable expense spend.
- Performed detailed review of compensation related metrics in response to a significant decline in revenue. Presented recommendations for specific action to the CFO and President, based on objective and observable criteria and KPI’s. Created key metrics to help senior management monitor performance.
- Improved cash through focus on several initiatives including monitoring and acceleration of A/R collections, analyzing opportunities to reduce obsolete Inventory, and extending A/P disbursements. Improved cash flow visibility by increasing frequency, accuracy, and format of cash flow model.
- Led the development and presentation of a financial forecast for a going concern review as part of an organization restructuring plan. Completed income statement and cash flow sensitivity analysis supporting ongoing operations.
- Case Western Reserve University Weatherhead School of Management, MBA; Finance and Marketing concentration.
- Miami University, BA, Economics
- American University, Washington Semester, Economics concentration
- Keller Graduate School, Supplemental Accounting classes
- Walgreens Boots Alliance – $140B Retail and wholesale pharmacy
- Northwest Airlines – $10B International airline
- Follett Corporation – $3B Retail, ecommerce, and wholesale distribution firm
- AG Edwards – $1B Bond financing
- Opportunity International – $800M (assets) Not-for-profit global microfinance lending & bank holding company
- Nebraska Book Company – $100M Warehouse/distribution and software development
- Department of Labor – Producer Price Index
- Harvard Medical School, Valparaiso, Georgetown, Howard University and several HBCUs
- United Nations – Insurance claims and reparations
- KPMG Peat Marwick – Management Consulting (clients served in industries including medical, higher education, state, and international agencies)
Get in touch
Whether you need help with a platform/business strategy, an in-flight project, or need a talented consultant to bridge critical gaps, DLC is here to help.