Derek P.
5.0
Aspiring CFO? Me too. I'll share what I've learned on my FP&A path.
Studied at Kellogg School of Management (Northwestern)
Works at Rad Power Bikes
Available Saturday at 6:00 PM UTC
Questions? Start chatting with this coach before you get started.
Derek’s FP&A Qualifications
Experience level: Director
Derek has helped clients get into these companies:
My name is Derek and I'm excited to meet you! I've gone through my own wonderful journey to where I am today, but your journey may be different! Rather than simply sharing what worked for me, I'd love to be a guide as you explore what will work for YOU! Whether your focus is MBA admissions, breaking into FP&A leadership, or just considering how to make sense of all your options, I would love to help you navigate your career and educational journey! I have been fortunate to learn from some of the best, both academically and professionally. I earned a BS in Finance from Brigham Young University's Marriott School of Business and an MBA from Northwestern University's Kellogg School of Management. Additionally, I have learned from mentors at two of the top companies for developing CFOs: Honeywell and PepsiCo. More importantly, I have experience as a teacher, mentor, and friend. Reach out if there is any way I can be a helper to you!
Derek can help with:
Interview Prep
Financial Reporting
Resume Review
Networking Strategy
Skill Building
Budgeting & Forecasting
Variance Analysis
LinkedIn Review
Promotion Strategy
Cover Letters
Financial Planning & Analysis
Work Experience
Director of Finance
Rad Power Bikes
November 2023 - Present
As Director of FP&A and Supply Planning, I manage the demand planning and procurement for electric bikes, accessories, and spare parts as well as leading forecasting and analysis of net revenue and gross margin. I also lead strategic projects related to distribution strategy, pricing optimization, and marketing effectiveness. Pricing Strategy, Marketing Strategy and +3 skills
Finance and Strategy Manager
Rad Power Bikes
October 2022 - November 2023
As Senior Manager of Finance and Strategy I led the FP&A function, advised on pricing and promotion strategy, owned the demand planning process, advanced channel strategy and profitability initiatives, and supported financial and strategic updates to the board of directors and investors. Pricing Strategy, Planning Budgeting & Forecasting and +3 skills
Strategic Finance Manager
PepsiCo
July 2021 - October 2022
As Associate Finance Manager in PepsiCo's Frito-Lay North America division, I provided financial planning and analysis support for the Field Sales organization, including development of annual plan and quarterly sales targets and analysis of key market share trends. Key Achievements: - Managed annual operating plan and net revenue analysis in $18B Frito-Lay direct-store-delivery business unit - Improved equity of performance bonuses and reduced excess payouts by recalibrating sales targets quarterly - Developed daily market share reporting package to inform pricing strategy during significant inflationary period - Collaborated with region leaders on strategy and tactics to reverse share erosion in third-largest retail channel Market Analysis, Financial Analysis and +1 skill
Finance Leadership Development Intern
PepsiCo
June 2020 - August 2020
As a summer intern, I built growth plans for Frito-Lay and PepsiCo strategic initiatives and developed financial projections for proposed solutions. Key Achievements: - Led cross-functional team to devise marketing strategy for SodaStream in key new segment; presented in semifinal round of PepsiCo-wide intern competition despite the team’s mentor dropping at project midpoint - Developed plan to improve margins of Frito-Lay direct-to-consumer website launched in 1H’20 Marketing Strategy, Financial Analysis and +1 skill
Senior Financial Analyst
Honeywell International
February 2018 - August 2019
As Senior Financial Analyst in Honeywell's Aerospace division, I provided financial analysis and strategic planning support to Airlines Aftermarket sales team, helping drive 5% YoY sales growth in 1H 2019. Key Achievements: - Led implementation of automated monthly forecast process (including integrated demand and production planning); achieved +/- 2% revenue and margin forecast accuracy in five out of first seven months - Directed cross-functional margin analysis of major airline repair contract; identified >15% cost reduction actions Planning Budgeting & Forecasting and Commercial Finance
FP&A Analyst
Honeywell International
August 2016 - February 2018
As Financial Analyst in Honeywell's Performance Materials and Technologies division, I developed cost budget proposals, performed variance analysis on global indirect and people costs, and analyzed various financial and operational metrics.I partnered with my Corporate FP&A team to deliver forecasts and financial analysis to divisional CFO and support Honeywell earnings release process. Key Achievements: - Led adoption of Tableau standard dashboards and analytics for cost reporting (>75% global adoption rate led the division) - Developed working capital metric sensitivity model (later utilized by FP&A VP and Working Capital Director) to drive forecast accuracy and inform performance targets - Filled critical leadership role on FP&A team for $10B division when Vice President and Director both left company in same month; took additional responsibility for working capital analysis and earnings release prep Planning Budgeting & Forecasting, Working Capital Management and +2 skills
Financial Analyst
Honeywell International
May 2015 - August 2016
As Financial Analyst at a Honeywell molecular sieve and catalyst plant, I analyzed plant operations and financial variances, reviewed capital expenditure projects to validate financial impact, and partnered with production engineers and quality team to improve site financial performance. Key Achievements: - Partnered with engineers to revamp material usage/yield forecast; improved accuracy from +/-40% to +/-10% and communicated large variances to site and business leaders - Drove adoption of SAP Business Objects by creating plant spend reports and training US site finance leaders - Led cross-functional project to reduce WIP inventory recording errors by 70% (Six Sigma Green Belt project) Cost Accounting, Capital Expenditures and +1 skill
Education
Kellogg School of Management (Northwestern)
Master of Business Administration - MBA, Marketing
2019 - 2021
Activities and societies: Co-President - Public Policy Club, Co-President - Latter-day Saints Student Association; Impact Consulting Club, Kellogg Consulting Club
Brigham Young University
Bachelor of Science (B.S.), Finance - Corporate Finance
2008 - 2015
Grade: 3.89 GPA Activities and societies: Vice President - Business Strategy Club, Marriott School Student Council, Management Consulting Club, Finance Society Political Science Minor
4 Reviews
Overall Rating
5.0
Derek has helped clients get into these companies: