Luke Hand

Experience

1. VP of Fp & a

   Hybrid Apparel

   May 2023 — Present

   550+ million fast-fashion apparel manufacturer and wholesale distributor with rights to over 280+ license properties and 5+ brands-Manage annual budgeting process which includes a breakout of individual product divisional P&L’s. Supported business leaders with newly created dashboards & models allowing top line growth of 26% exiting the pandemic-Create, present, and distribute monthly and quarterly financials as well as forecast outlooks to the executive team, private equity group and board of directors. Discuss our results while explaining key root causes and the strategies in place for the direction of our business-Conducted heavy pricing analysis in 2022 to support large initiative of reducing company on-hand inventory by over 22% while closely managing margins to ensure the bottom line was protected. Worked directly with Sales leadership to understand market conditions and pricing trends to develop plans for tackling inventory liquidation-Managed closing of financials and led monthly forecasts during a 5-month CFO transition while working directly with CEO. Together developed strategies and initiatives for the organization such as inventory reduction, distribution optimization and SG & A efficiencies-Create profitability models to assess viability of new accounts, brands, or categories. Work closely with sales, production/sourcing, logistics & merchandising to gather necessary inputs for analysis. Discuss risks & opportunities with executive leadership-Oversee cash flow forecasting via rolling 13- & 26-week models to ensure that the company is in a comfortable availability position with its ABL line-Work directly with Executive Leadership to ensure that all facets of the business are reported accurately. Prepare deep dive analysis in areas of opportunity to allow the Executive team to pivot where necessary-Manage a team of 4 including 1 Manager and 3 Analysts.