Schedule


“I have been attending the Financial Executive and Internal Auditing Conference for the last 10 years. I find it to be highly rewarding. The networking with peers and vendor partners is invaluable. The FMI conference is a great value when comparing cost and knowledge gained.” Bill Naughton, Corporate Audit Director, SpartanNash.

  • Key:
  • General Session
  • Breakout Session
  • Other Activities

1:00 PM - 4:30 PM

MrExcel Workshop * $50.00 fee

You use Excel 40 hours a week, but do you really know how to unleash the power of Excel? Learn cool secrets and tricks lurking in Excel. Learn the ins and outs of Pivot Tables (from the guy who wrote the book on pivot tables!). Clean bad data using Power Query. Pivot your data on a map. See a preview of new dynamic formulas coming in 2019 to Excel. Jelen promises, “If you use Excel 20 hours per week, you will save 50 hours each year by attending this seminar!”.

Participants in the session will receive a copy of Jelen’s book, MrExcel LIVe - 54 Greatest Excel Tips of All Time, a book written to accompany the live seminar.

Speakers:

5:00 PM - 6:30 PM

Welcome Happy Hour (Offsite)

7:00 AM - 7:50 AM

Breakfast

7:50 AM - 9:00 AM

JOLT: Espresso Shots of Business Wisdom

Just like an espresso shot will add a jolt to your morning, Moore, will jolt your business thinking. He’ll upend how you view “branding” because, as he explains, the greatest brands never begin with the intention of being a great brand, and he will demystify the innovation imperative by explaining how being visionary is not predicting the future, it’s reacting to the present. Using examples of established and emerging brands, his advice will help reinvigorate businesses to survive and grow in any economic climate.

Speakers:
  • John Moore - Branding Expert and Marketing Mastermind, Starbucks and Whole Foods

9:00 AM - 10:00 AM

Industry Trends

Speakers:
  • Scott Moses - Managing Director, Head-Food Retail & restaurant Investment Banking, PJ Solomon

10:00 AM - 10:30 AM

Networking Break

10:30 AM - 11:30 AM

Internal Audit - AML/Anti-Fraud Audits - What you need to know

This session will provide guidance on how to fulfil your obligations as an Money Service Business (MSB), or as an agent of an MSB.  We will discuss the implementation and adherence to the Anti Money Laundering (AML), Counter Terrorist Financing and Anti-Fraud compliance. 

  • Compliance Program Requirements
  • Transaction Monitoring and Record Keeping Requirements
  • Consumer Fraud
Speakers:
  • Leonor Mata - Strategic Account Compliance Advisor
  • Valdis Undiks - Strategic Account Compliance Advisor, Western Union Compliance

10:30 AM - 11:30 AM

Financial Improvement using Data Analytics

The purpose of this presentation is to outline the processes, techniques, and internal control that can be used to improve a company’s profitability by leveraging internal and external data sources. Key areas that will be covered in this presentation include: test setup/analysis, discussion on data integrity and expectations, and a final review of an actual case study. This presentation can be appreciated by Accountants and Data Scientist alike.

Speakers:
  • Michael Calamari - Vice President, Mastercard Data & Services, APT
  • Matt Howes - Sr. Business Consultant – Financial Planning and Analysis, Publix
  • Frankie Nicotra - Manager of Business Analysis and Reporting – Omnichannel support, Publix

11:30 AM - 12:30 PM

Digital Controllership: Are you optimizing the value of your controllership function?

Next-gen controllership functions strategically leverage technology to improve operational performance, insightfulness, and risk intelligence across the enterprise. In this session, we’ll discuss how to navigate the digital transformation within your controllership function including in positioning foundational ERP, deploying process automation (such as RPA) and using the analytics and insights derived to deliver value to the greater organization. 

Speakers:
  • Oscar Nunes - Senior Manager, Accounting & Reporting Transformation, Deloitte & Touche LLP
  • Tom Densevich - Senior Manager, Digital Controllership, Deloitte & Touche LLP.

12:30 PM - 2:00 PM

Lunch

Sponsored by NCH Marketing

2:00 PM - 3:00 PM

IDEA EXCHANGE (Retailer & Wholesaler Only)

Both Financial Executive and Internal Audit

Join in a lively discussion about the issues and challenges that keep financial executives in the food retail business up at night. Get ideas, swap best practices, share your pain points and connect with your finance peers during our most popular session.

3:00 PM - 4:00 PM

Financial Impact of Transportation Capacity

3:00 PM - 4:00 PM

Internal Audit - Where’s My Shrink Operational: Centric Shrink Metrics

In this fast-paced session called “Where’s The Shrink”, Mike and Don review the evolution of supermarket shrink control methods and today’s ‘causes and cures’ that help Best In Class (BIC) companies operate with 36% less shrink than the national average. The session with provide an overview of national stats and facts about shrink, facts about shrink specifically in the perishable departments, the top 6 causes of shrink, the top 7 cures to control shrink, and the best in class practices to cut shrink up to 36%. The session concludes with a focus on methods of measurement including the “Big 3” auditing practices (it isn’t what you think!) and 7 Operational Standards that must coexist for measurable and long-term improvement.

Speakers:

4:00 PM - 4:30 PM

Networking Break

4:30 PM - 5:30 PM

Gen Z has entered the workforce: What your finance organization needs to know

With Generation Z entering the workforce and the nature of jobs in the finance function evolving, how can organizations redesign these jobs in a way that can both attract and engage Gen Z and ensure that these jobs continue to generate a pipeline of future finance talent?

We will discuss:

  • The profile of Gen Z, known as digital natives, and their apprehensions about interpersonal skills.
  • The fact emerging technologies, including automation, are expected to disrupt the nature of entry-level jobs; yet entry-level jobs continue to serve as necessary training ground for incoming professionals.
  • How to work to bridge gaps across the multi-generational workforce (Baby Boomers, Gen X, Gen Y, Millennials, Gen Z) and some trends observed in our annual Deloitte human capital survey.

As a new generation enters the workforce, finance organizations have the opportunity to evolve and take advantage of this generation’s emerging strengths, putting them in a position to create lasting value.

Speakers:
  • Vanessa Leong - Senior Manager, Human Capital, Deloitte Consulting LLP.

5:30 PM - 7:00 PM

Happy Hour

7:00 AM - 7:50 AM

Breakfast

7:50 AM - 9:00 AM

R4: Relevance & Resonance in the Retail Revolution

Relevance is about appealing to the head.  Resonance is about appealing to the heart.  For retailers of any kind to survive in a cutthroat and crowded environment, they must achieve both, which requires figuring out where to place strategic and investment bets.  Kevin Coupe, “Content Guy” for the respected and influential business blog, MorningNewsBeat.com, returns to the FMI Financial Executives Conference  to help us see the fast-evolving retail world through a radical new technological, demographic, competitive and cultural prism.  Leavened with his trademark levity and a realistic perspective on a hostile competitive landscape, Coupe offers a series of actionable strategies and tactics that will help businesses differentiate themselves and succeed … and, by the way, have a shot at competing with Amazon and other retail behemoths.

Speakers:
  • Kevin Coupe - Content Guy/ Prime Storyteller, MorningNewsBeat.com, Producer/Co-Host, “The Innovation Conversation” Podcast Author, “Retail Rules! 52 Ways To Achieve Retail Success,” & Co-Author, “The Big Picture: Essential Business Lessons From The Movies”

9:00 AM - 10:00 AM

Demystifying Payments Disruption

Technology is a driver of disruption for many businesses and industries, and the retail and payments sectors are no different. In this panel, Kim Ford, Head of Global Government Affairs at First Data, will lead a discussion to dig a little deeper into the various disruptions occurring in payments, such as how regulatory initiatives like the European Payment Services Directive (PSD2) are enhancing competition in financial services offerings, whether blockchain is ready for physical point of sale acceptance, how innovations in AI are creating stronger fraud prevention tools, and how to keep up with the digitization of global commerce.

Speakers:
  • Kimberly Ford - SVP, Head of Global Government Affairs, First Data

10:00 AM - 10:15 AM

Networking Break

10:15 AM - 11:15 AM

IDEA EXCHANGE (Retailer & Wholesaler Only)

Both Financial Executive and Internal Audit

Join in a lively discussion about the issues and challenges that keep financial executives in the food retail business up at night. Get ideas, swap best practices, share your pain points and connect with your finance peers during our most popular session.

11:15 AM - 12:15 PM

Change your operating model to make every $ invested in inventory more productive

Increase your sales 100 – 200 basis points and reduce your inventory costs 3-5%, while fundamentally improving your control over your expenses and your invested inventory.
Speakers:
  • Jim Smits - Vice President Retail Development, North America, Retail Solutions, Inc.

12:15 PM - 1:15 PM

Lunch

1:15 PM - 2:15 PM

Blockchain: Preparing for Disruption

Blockchain is one of the most hyped technologies this year. Is it all just hype, or is there more to it? In this presentation, Jay Schulman of RSM US LLP will walk you through what blockchain is, how it works, and what its impact is to food producers, distributors and grocers. You’ll also learn about the different use cases for blockchain technology including food recall, trade promotion and others.

Speakers:

2:15 PM - 3:15 PM

Internal Audit - Auditing the Store Audit

As technology and store operations change, it becomes critical that the store audit processes change as well.  The store audit programs today, need to cover everything from new store concepts, such as customer pick-up and home deliveries, to challenges in regulatory matters related to food safety.  Join us for an open discussion related to the various approaches we can use for store auditing in today’s world.  Folks are encouraged to participate in this discussion on various store audit approaches used today and ways we can improve the process.

Speakers:
  • Richard Sigmon - CPA, CFF, CGMA, Corporate Internal Audit Director, Alex Lee
  • Bryan Tyler - Vice President of Internal Audit, Brookshire Brothers, Inc.

2:15 PM - 3:15 PM

Financial Executive - The future of retail metrics: assessing the health of the retail organizations

Traditional retailer metrics are no longer sufficient to accurately evaluate the financial or operational health of retailers in today’s market. 10%-12% of total sales come from digital channels, and more than of 55% of retail sales are influenced by digital. The role of in-store and digital commerce have blended.  The way customers shop and engage with retailers is evolving.  It’s time to take a critical eye to the industry’s approach to financial measurement. We believe the conversation must be reshaped and portray a more holistic view of business performance to focus on metrics and measurements that are aligned to forward looking retail dynamics.

Speakers:
  • Rod Sides - Vice Chairman and U.S. Leader, Retail, Wholesale and Distribution Practice, Deloitte LLP

3:15 PM - 3:30 PM

Networking Break

3:30 PM - 4:30 PM

General Session - 2019 Accounting Update

Designed for financial executives and internal auditors from both public and private companies, this session will provide updates on important financial accounting and reporting developments from the past year, as well as insights about what to expect in the future. The presentation will be tailored to be most relevant to matters impacting the food retail industry.

Speakers: