Brad Chafetz

Background

About Brad Chafetz

Financial/operations oriented executive with a track record of improvements in cost containment, enhanced process efficiency, budgeting/forecasting, and change management across a wide variety of businesses/organizations, demonstrating flexibility, adaptability, and commitment to contribute. A strong problem solver who views issues pragmatically and analytically. Works well with others (internally and externally) in a collegial and professional manner while demonstrating the highest levels of ethics and integrity. SELECTED ACCOMPLISHMENTS • Transitioned property management duties from a third party provider to an “in-house” solution for the oversight and operations of multiple residential apartment buildings located in New York City. • Re-engineered the annual budgeting process for Locust Valley Central School District to streamline the budget development and review process. • Implemented a Point of Sale food service system at Locust Valley Central School District, affording the school district with a more controlled manner in transacting school meal purchases. • Established a PIN-Based debit card terminal program across all stores and negotiated lower credit card transaction fees, saving $4.3 million annually at Foot Locker, Inc. • Implemented various bad check reduction programs, saving $2.7 million annually at Foot Locker, Inc. Lowered the floor limit. Launched a centralized returned check program. Converted to one service provider. Established maximum allowable returned check service fee. Upgraded all stores from check verification to check guarantee. • Streamlined weekly sales/profit forecast, improving accuracy and reliability at Lady Foot Locker, enhancing overall business planning. • Restructured corporate short term cash forecasting methodology, improving accuracy and timeliness at Macy’s, improving senior management planning and decision making, and assisting in determining borrowings and investments.