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Matt Mcdonnell
Matt Mcdonnell Chief Financial Officer at Blackhawk Bank

Matt McDonnell is a highly accomplished business executive with extensive experience in financial management and reporting, operational effectiveness, and strategy implementation. With a CPA and MBA from Northwestern University - Kellogg School of Management, Matt possesses the expertise needed to provide the leadership and direction required to drive the achievement of key organizational business goals.

As the Chief Financial Officer at Blackhawk Bank, Matt has been instrumental in developing and implementing strategic financial planning, change management, and performance improvements. They have successfully created and implemented transparent metrics to hold the company and its employees accountable, while continually monitoring and analyzing data to improve the company's performance and longevity.

Prior to their current role, Matt served as the Vice President of Operations at TCF Inventory Finance, Inc., where they played a key role in due diligence, model analysis, and strategic goal planning. They have also held positions such as Senior Manager of Business Performance and Change Management, where they deployed business intelligence and developed performance metrics.

Matt's notable achievements include successfully implementing Salesforce.com as an internal companywide CRM solution, overseeing detailed audits of public and private companies, and developing strategies for technology and risk teams. They possess a Certificate of Executive Leadership from the Graduate School of Banking at the University of Wisconsin - Madison.

Overall, Matt McDonnell's expertise, experience, and leadership qualities make them an exceptional professional in the field of finance and business management.

More about this expert

Full name
Matt Mcdonnell
Location
Arlington Heights, Illinois, United States
Title
Chief Financial Officer
Company
Blackhawk Bank (since 2019)
LinkedIn Connections
2253
Summary
Business executive, holding a CPA and MBA with extensive experience providing the leadership and direction needed to drive the achievement of key organizational business goals. Highly accomplished professional with expertise in financial management and reporting, operational effectiveness and strategy implementation. AREAS OF EXPERTISE: Financial Analysis & Reporting, Corporate Strategy, Performance Improvements, Strategic Financial Planning, Change Management, Emerging Technologies, Competitive Analysis, Customer Experience Design, Customer Success, Innovative Solutions, Business Intelligence, Organizational Leadership, Developing Business Performance Metrics and KPIs
Skills
Business Strategy Business Intelligence

Education

Northwestern University - Kellogg School of Management
Master of Business Administration (MBA)
Attended in 2012 - 2014
Field of study: Marketing
Graduate School of Banking at the University of Wisconsin - Madison
CERTIFICATE OF EXECUTIVE LEADERSHIP
Attended in 2020 - 2024
Field of study: Banking and Financial Support Services

Positions

Blackhawk Bank
Beloit, Wisconsin
Chief Financial Officer
Nov 2019 - Present
TCF Inventory Finance, Inc.
Schaumburg, IL
Vice President of Operations
2017 - Nov 2019

• Lead due diligence and model analysis for strategic projects, vendors, capital infrastructure costs in addition to other types of customer acquisitions.
• Plan, develop, and implement all aspects of the short and long-term strategic goals of the organization.
• Created and implement transparent, visible metrics to hold the company and its employees accountable to the organization’s plan and long-term vision.
• Continually monitor and mine economic, industry, and employee data designed to improve the company’s performance and longevity.
• Serve as a strategic advisor to the internal team with a focus on employee engagement.

TCF Inventory Finance, Inc.
Schaumburg, IL
Senior Manager of Business Performance and Change Managment
2014 - 2017

• Deployed business intelligence throughout all areas of the organization and developed and implemented performance metrics and reports that provided the executive team with action-oriented data.
• Continually reviewed mined data, interpreted quantitative customer data, and analyzed data characteristics.
• Played a key role in the development of a data warehouse, including the structure and cleansing of data in addition to identifying, analyzing, and interpreting trends or patterns in complex data sets.

Notable achievements while in the position included:
- Successfully implemented and integrated Salesforce.com as an internal companywide CRM solution.

TCF Inventory Finance, Inc.
Schaumburg, IL
Financial Analyst - Strategic Finance/Internal Consulting and Innovation Team
2012 - 2014

• Prepared memos and detailed reports summarizing findings of the project and proposing recommendations for management approval.
• Developed and implemented strategies in conjunction with the Technology and Risk teams.
• Proactively identified errors in data sets while determining the best course of action to correct the data in addition to analyzing and resolving issues that occurred during projects relative to the data.
• Worked in collaboration with business partners to support the development and implementation of the appropriate customer financial metrics to be monitored.

Grant Thornton
Chicago, IL
Senior Audit Associate
2007 - 2009

• Planned and performed detailed audits of both public and private companies in manufacturing, financial services, insurance services, and retirement savings plans.
• Oversaw all phases of the audits, including planning procedures, risk assessments, analytical procedures, tests of details and controls and concluding procedures.