Thomas Merckens
Finance Manager @ Saks Global | MBA | Financial Strategy & Transformation
- Role
- Senior Finance Manager at Saks Global
- Location
- Brooklyn, NY, US
- LinkedIn followers
- 500 followers
About Thomas Merckens
Strategically minded professional with global experience in finance, business…
Experience
Senior Finance Manager
Feb 2023 — Present · New York, NY, US
Oversaw and managed business planning and analysis functions for Saks Cloud Services (SCS), retail IT solutions provider subsidiary of Saks, including bottom-up budgeting, forecasting, and financial reporting- Directly supported CFO in various strategic initiatives, including detailed cash flow management, transfer of invoice processing from Oracle to Workday, cost reduction data visualizations in Tableau, etc- Led monthly meetings with IT senior management of each functional area to review variances, identify savings opportunities and risks, discuss upcoming contract renewals, and record and share action items- Acted as finance point of contact for external parties and maintained relations with both clients and vendors to negotiate payment plans and ensure business continuity during time of limited cash flow- Created financial processes in Workday for this new subsidiary, including monthly close, intercompany settlement, and end-to-end invoice processing that emphasized accuracy, timeliness, and visibility- Collaborated with procurement, sales, and business partners to develop pricing and profit models
Education
Yonsei University
Master of Business Administration - MBA, Global Finance
2016 — 2018
Princeton University
Bachelor of Arts (B.A.), East Asian Studies
2009 — 2013
School Year Abroad (SYA)
High School Diploma, Chinese Studies
2007 — 2008
Skills
- Intercultural Communication
- Korean
- Microsoft Office
- Research
- Editing
- Chinese
- Translation
- English
- Team Leadership
- Japanese
- Creative Writing
- Public Speaking
- Teaching
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