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The Critical Link - Aligning Strategic Planning With Forecasting and Budgeting by The Chicago CFOLC
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The Critical Link - Aligning Strategic Planning With Forecasting and Budgeting by The Chicago CFOLC

The Critical Link - Aligning Strategic Planning with Forecasting and Budgeting Wednesday, October 23, 2019 7:30 AM - 9:30 AM

When: October 23, 2019
7:30 AM - 9:30 AM
Where: 425 S. Financial Pl
Chicago, Illinois  60605
United States
Contact: Emily Smith
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Often, the forecasting and budgeting processes are segregated from a firm’s strategic planning efforts.  As a result, forecasting and budgeting become an unmanageable series of spreadsheets bringing little value to the organization and not in sync with leadership’s goals and objectives.  At the same time, goals and strategic objectives can be formulated without an informed understanding of budgetary realities.  Leading organizations converge the forecasting and budget process with its strategic planning.  The result is a higher quality planning cycle.  


Join a panel of senior financial executives who will share their insights into the financial, cultural, and technological options that can be applied to better align forecasting and budgeting with strategic planning while realizing organizational buy-in and efficiencies.


This session is Part I of a two part must attend series. This series will explore leading practices in the areas of linking strategy to financial planning, performance management and KPI’s. Having an effective understanding of these areas is a critical skill set for finance leaders.

Learning Objectives:

  • Gain an understanding of how leading CFO’s work with Boards and CEO’s so strategies are
    developed with an understanding of their planning considerations.
  • Understand how to align cross functional teams so their strategy efforts link into the
    planning processes.
  • Learn approaches to link strategic initiatives with their specific value creation drivers and
    then apply these considerations into the planning process.
  • Learn approaches for applying dynamic forecasting.
  • Understand how leading companies develop an understanding of potential variability that
    a strategy may present and apply this understanding into business plans.


Click HERE to learn more about CFO Leadership Council.


All CFO Leadership Council workshops are FREE for members. Non-member senior financial executives are welcome to attend this program for $60.

PLEASE NOTE THAT CFOLC EVENTS ARE EXCLUSIVE TO SENIOR FINANCIAL EXECUTIVES ONLY.  (CFOs, Vice Presidents of Finance, Controllers, Directors of Finance, etc.)  Service providers, business development and sales executives are restricted from attending. The CFO Leadership Council reserves the right to decline any registration.


Instructional method: Group-Live

Recommended CPE Credits: 1.5 Credits in Finance

Experience Level: Basic

Prerequisites/advance preparation: None

The CFO Leadership Council is registered with the National Association of State Boards-of-Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors (Sponsor ID 109063). State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Website:


For more information about this program or The CFO Leadership Council, please contact Emily Smith, Chicago Marketing Director, The CFO Leadership Council at


If you would like to cancel your ticket or request a refund, please contact Emily Smith at email above. Refunds are available up to 48 hours prior to the program.


Hemant Kumar, CFO and SVP Finance, SOL-MILLENNIUM Medical Group, MODERATOR

Hemant Kumar partners to the CEO and Board of Directors for profitable execution of high growth of the company and getting it ready for IPO. Hemant leads the interactions with investors and banks for raising funds,equity and debt. In addition, Hemant is responsible for defining and executing on global tax and treasury strategy as well as representing the company for Finance and Audit Committees.

Brad Terry, Senior Principal, Keystone Group

Brad Terry is a Senior Principal with the Keystone group, a boutique middle-market-focused management consulting firm, with extensive experience working with Finance departments across many private-equity owned, privately held, family-owned, and public companies. Brad’s clients have spanned manufacturing, distribution, service, retail and logistics businesses in a variety of industries and situations ranging from high growth to distressed. Brad’s roles have included traditional management consultant, interim controller, and CFO. Brad firmly believes that the Finance function exists to serve the commercial and operational engines within an organization, and should act as a partner to the business rather than an inhibitor. Brad earned both his undergraduate business and master of accounting degrees from the University of Michigan, and is a registered CPA in the state of Illinois.

Theresa Carone, CFO, CA Senior Living, CA Ventures LLC

Theresa Carone serves as Chief Financial Officer of CA Senior Living and CA International, with oversight for all corporate and property level accounting, financial reporting, investor reporting and budgeting/forecasting.

Prior to joining CA, Theresa was Senior Vice President at Equity International where she led the accounting, treasury and financial reporting activities for over $2 billion in assets under management during her 14 years with the company. During her time there, Teri built a fully integrated accounting function, led currency risk management for all investment transactions, managed the investment valuation committee and guided emerging market portfolio companies in developing best practices and institutional quality reporting.

Theresa has 19 years of accounting and finance experience working for companies such as the David Lewis Company, Deutsche Bank/RREEF and McDonald’s Corporation. She started her career as a real estate auditor with Ernst and Young. Theresa graduated from DePaul University with a Bachelor of Science in Accountancy and is a Certified Public Accountant.

Matt Galvononi, VP of Finance, North America, Ingredion Incorporated

Matt Galvononi is Chief Financial Officer for the largest division of Ingredion Incorporated (Fortune 500 globalingredients solutions provider). Matt is responsible for financial planning and analysis direction for Ingredion North America ($3.5 billion in annual revenue). Matt oversees management of financial assets and resources to develop and execute long-term divisional strategy while delivering near-term reliable and profitable performance. In addition, Matt oversees the allocation of capital and the efficiency of working capital to deliver shareholder value. Matt is also responsible for divisional accounting,credit operations and financial support of the sales function and manufacturing operations.

Dan Potts, CFO, Thrall Enterprises, Inc.

Dan Potts is the Chief Financial Officer for Thrall Enterprises, a family-owned holding company headquartered in Chicago, Illinois.  As CFO, my responsibilities include financial oversight and strategic decision making for our operating company, Nazdar, along with our various investments in private equity, real estate and public markets.  Prior to Thrall, Dan was the CFO for American Hotel Register, a billion-dollar international distributor of hotel products to the hospitality industry.  Dan started his career at PwC and is a CPA.





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