Ben Chan

Chief Financial Officer at Great Oaks Charter Schools
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Contact Information
us****@****om
(386) 825-5501
Location
New York, New York, United States, US

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Experience

    • United States
    • Education Administration Programs
    • 1 - 100 Employee
    • Chief Financial Officer
      • May 2019 - Present

      New York, NY Charter school network in 4 states using high-dosage tutoring to provide individualized learning to 2,500 underserved students. Each year the Foundation also recruits and trains 250 AmeriCorps tutors deployed across 8 schools. Total budget of $30 million with payroll of 170 teachers & staff. Strategic Planning, Forecasting, Financial Analysis & Business Development • Developed strategic plans that drive forecasts & budgets to ensure financial sustainability, from scaling for growth… Show more Charter school network in 4 states using high-dosage tutoring to provide individualized learning to 2,500 underserved students. Each year the Foundation also recruits and trains 250 AmeriCorps tutors deployed across 8 schools. Total budget of $30 million with payroll of 170 teachers & staff. Strategic Planning, Forecasting, Financial Analysis & Business Development • Developed strategic plans that drive forecasts & budgets to ensure financial sustainability, from scaling for growth to reorganization and new business expansion • Developed critical performance metrics & timelines to achieve mission objectives • Managed $25 million in federal, state and private grants each year • Prepared & presented financial reports to 3 boards & each state’s Dept. of Education Process Improvement, Operations Management, Accounting & Auditing • Created data-driven financial analysis to provide adaptive problem-solving tools • Strengthened internal controls & improved accounting process to ensure clean annual audits across each organization • Assisted with the financing, renovation & relocation of 2 school facilities • Managed cashflow & helped grow operating reserves at the Bridgeport school by 200% • Secured $1.4 million in SBA PPP grants to strengthen the financial health of the network Leadership & Communication • Developed strong interdisciplinary relationships with diverse members of three Board of Directors and Treasurers, school leadership and staff members to achieve collaborative, mission-focused success • Developed staff roles & responsibilities to streamline workflow & increase accountability • Fostered strong sense of transparency and shared ownership within each organization Show less

    • Belgium
    • President/Founder
      • Sep 1989 - May 2019

      New York, New York Started a plus-size women’s clothing brand from the ground up. Grew Lunaire to $20+ million wholesale by selling to luxury department stores and boutiques nationwide with innovative, award-winning products, superior technical expertise & distinct brand focus. Strategic Planning & Entrepreneurial Business Development • Created fresh, modern designs with superior fit for an underserved customer segment • Developed compelling e-commerce for direct-to-consumer sales &… Show more Started a plus-size women’s clothing brand from the ground up. Grew Lunaire to $20+ million wholesale by selling to luxury department stores and boutiques nationwide with innovative, award-winning products, superior technical expertise & distinct brand focus. Strategic Planning & Entrepreneurial Business Development • Created fresh, modern designs with superior fit for an underserved customer segment • Developed compelling e-commerce for direct-to-consumer sales & marketing • Repositioned branding by applying market research, creative design and technical innovation • Transformed large workforce of untrained workers to living-wage, technical sewers across factories in China, Thailand, Indonesia, Bangladesh and Dominican Republic Financial Leadership & Operations Management • Achieved year over year profitability for over 25 years & renegotiated contracts to reduce operating expenses by 30%. Developed sales forecasting tools to improve inventory turn • Managed banking relationships & cash flow; developed proprietary financial reporting metrics and unique warehouse storage system to improve stock-picking efficiency • Developed asset-based valuation model for sale of company and optimized post-merger integration Show less

    • Professional Services
    • 700 & Above Employee
    • Engagement Manager, Management Consultant
      • Aug 1985 - Jun 1989

      St. Louis Start-up team of new strategy consulting practice with 5 offices. Promoted to Engagement Manager within three years. Major projects for Fortune 500 clients include Retail Strategy & Operations, Mergers/Acquisitions, New Business Development, Market Repositioning and Process Improvement to reduce overhead costs. Retail Marketing & Operations: • Developed a $7 million marketing organization for the convenience retailing division of an oil company with over 8,500 convenience stores &… Show more Start-up team of new strategy consulting practice with 5 offices. Promoted to Engagement Manager within three years. Major projects for Fortune 500 clients include Retail Strategy & Operations, Mergers/Acquisitions, New Business Development, Market Repositioning and Process Improvement to reduce overhead costs. Retail Marketing & Operations: • Developed a $7 million marketing organization for the convenience retailing division of an oil company with over 8,500 convenience stores & $8 billion in revenue. • Increased profit by $22 million by developing centralized marketing plans to leverage advertising, scale efficiencies & operational improvements. • Acquisition Strategy: Developed an acquisition plan for a leading oil company to expand into the convenience retailing industry New Business Development: * Evaluated market-entry opportunities & financial returns in the continuing-care retirement industry for a leading life insurance company. * Assessed new opportunities in the emerging healthcare data market for a leading information provider. Brand Repositioning • Developed a new marketing strategy for a vertically integrated U.S. auto parts supplier Overhead Improvement: • Increased profitability of a large appliance manufacturer by streamlining systems, staff and shared resources Show less

    • Nuclear Electric Power Generation
    • 700 & Above Employee
    • International Sales & Marketing Engineer
      • Sep 1981 - Aug 1983

      Pittsburgh Westinghouse Electric was a global provider of electric generation and distribution systems, industrial control equipment, robotics and transportation systems. Responsible for coordinating the marketing and sales plans of the international sales offices. Selected for a 2 month sales assignment in the Tokyo office.

Education

  • The Wharton School
    MBA, Finance, Strategic Planning (Management of Technology)
  • Brown University
    B. Sc., Mechanical Engineering
  • Phillips Exeter Academy

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