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Biggest Challenges Faced By A Manager Of Financial Planning And Treasury At Big 5 Sporting Goods

Kelvin, Manager of Financial Planning and Treasury at Big 5 Sporting Goods, cites effective time management as the biggest challenge in their role, juggling competing priorities ("what's urgent, but maybe not critically important...what's critically important") and pursuing an MBA concurrently. Navigating the significant business stresses caused by the COVID-19 pandemic also presented a considerable, yet ultimately rewarding, career hurdle.

Time Management, Prioritization, Stress Management, Overcoming Challenges, Financial Planning

Advizer Information

Name

Job Title

Company

Undergrad

Grad Programs

Majors

Industries

Job Functions

Traits

Kelvin Sun

Manager of Financial Planning and Treasury

Big 5 Sporting Goods

New York University, 2008

UCLA Anderson School of Management

Business Management & Admin

Apparel, Beauty, Retail & Fashion, Sports & Fitness

Finance

None Applicable

Video Highlights

1. Time management is crucial in prioritizing tasks and meeting deadlines.

2. Balancing work and personal life (e.g., pursuing an MBA) adds to the challenges.

3. Navigating business challenges and uncertainty (e.g., during the COVID-19 pandemic) is a significant aspect of the role and career.

Transcript

What are some of the biggest challenges in your current role?

I think there are a couple of challenges. The first is time management, because you're always being pulled in different directions and it's difficult to prioritize what needs to get done.

You really have to be conscious of what's urgent, but maybe not critically important. What's critically important that has to be done, no questions asked, no matter what's going on, you're meeting that deliverable.

That goes to the first two pieces of my job: catch management and the orderly, annual forecasting. The final thing is time management. I'm also getting a graduate degree in MBA at UCLA, so that just adds to the challenge.

Being able to really manage your time properly is, I think, the biggest challenge I've had in recent times. Beyond that, during COVID, the business came under tremendous stress from, well, the world came under tremendous stress and that rolled into our business.

Working through that has been one of the most difficult, but also one of the most rewarding parts of my career.

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