Derrick Chen
Senior Manager, Finance @Target
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WORK HISTORY
Senior Manager, Finance @Target
Redwood City, CA, US
Finance consolidator for 25-person Global Supply Chain and Logistics finance team, overseeing $10Bn annual budget- Led finance team through financial routines and long-range planning - Influenced strategic decision-making by presenting financial results to VP of Finance and EVP of Supply Chain - Reduced supply chain expense rate by 40 basis points during tenure• Finance lead for new supply chain buildings and technology, managing $600M annual budget and $3Bn capital investment- Led 75+ cross-functional partners, driving alignment to financial goals and clarity on ways to improve productivity- Decreased unit cost by 75%, from $2 to $0.50, over 2 years• Finance lead for strategic initiatives that deliver both top-line and bottom-line performance- Craft the vision for the initiatives with Chief of Staff and strategy team- Develop cost/benefit analyses and P&L frameworks to optimize costs and support growth strategies- Completed 9-week test of initiative, provided analysis to show financial impact, and recommended future testing
EDUCATION
The Wharton School
Bachelor of Science in Economics, Finance Concentration
Northwestern University - Kellogg School of Management
Master of Business Administration - MBA, Finance
ABOUT DERRICK CHEN
Senior finance leader with 12+ years of experience in FP & A, sales operations, and…
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