St. Louis Park, Minnesota **426
Steven E. Engelkes, c.p.a. 612-***-**** (c), 952-***-**** (h)
ab9wnx@r.postjobfree.com
Finance/IT/Business Process Improvement Leader
Performance-driven professional offering comprehensive achievements across
Banking, Manufacturing/Distribution, Professional Services, Information
Technology, Healthcare, and Retail disciplines. Leverages business acumen
across diverse cultures and economies. Developer of performance-based low-
cost solutions through aggressive negotiations with business owners,
salesmen, suppliers and banking officials. Recognized for my ability to
incorporate innovative management techniques that result in enhanced
business practices, increased productivity, and profits. Demonstrated
hands-on management style in the development and implementation of
strategic plans to ensure company growth. Strong team builder and
facilitator, fosters an atmosphere that encourages professionals to balance
skills with maximum production.
Executive Leadership Competencies
- Strategic Planning and Growth - Banking/Vendor
Relations
- Financial Planning and Analysis -
Internal/External Audit
- Budgeting and Forecasting - Debt and Equity
Financing
- Performance Measurement - Workflow Optimization
- Mergers and Acquisitions - Regulatory Reporting
- Valuations - IT Strategic Planning
- Cash Management - Maximizing Shareholder
Value
Track Record of Success
- Trusted Leader and Advisor to Corporate Officers and Executive
Management
- Leader of cross-functional teams that collaborate as focused units
to achieve aggressive business goals and drive the evolution into
achievable business strategies
- Effective negotiator with business owners, vendors, bankers to
establish working capital required to support growing/changing
business organization
- Identifies and capitalizes on new growth opportunities through
accurate project forecasting, project tracking, and project
pricing
- Develops and implements finance and accounting strategies that
anticipate fast paced change and company growth
- Effectively communicates direction, commits people to action, and
conveys complex financial information in easily understood formats
Professional Experience:
Data Recognition Corporation March 2012 - June
2013
System Testing
Worked for Testing Division of nationally recognized student testing
corporation.
Achievements: Worked with student testing systems to identify usage
constraints and optimize performance.
WELLS FARGO June 2007 -
October 2011
Assistant Controller/Accounting Manager
Led accounting team and cross-department change management teams on behalf
of the Corporate Trust Division of International bank. Responsible for
team's daily accounting duties, financial forecasts, internal/external
audits, account reconciliations, monthly close, and financial statement
production.
Achievements: Reduced month-end closing and account reconciliation
cycle by 25% for the Trust division.
Established and implemented new policies, procedures, and
system revisions of sales compensation programs.
Decreased time to complete and labor costs by 35%.
Provided cross-functional project team direction for
process improvements and development of automated
accounts receivable billing systems in support of
International growth business. Changed time to bill from
four days to one day.
Independent consultant/Investor June 2004 -
May 2007
Identified personal investing opportunities and performed independent
financial, operational, and information systems consulting engagements.
Achievements: Derived new general ledger coding scheme in conjunction
with not-for-profit implementation of financial system
applications.
1. Identified information system requirements on behalf of
commodity-based client. Developed requirements definition
for vendor response.
Best Buy May 2002 - May 2004
Project Leader
Worked for Accounts Payable Division of Fortune 500 retail organization.
Duties included Leadership of Process Improvement Team, comprised of 8
individuals, responsible for identifying, planning, and implementing profit
and process improvement opportunities across the Division.
Achievements: Increased profits $2.4M through development of Two-Tier
Consignment Goods process and methodology.
Led user-based project team responsible for successful
transition to and implementation of Retek software.
Reduced 200+ Access-based reports to 50 standard reports as
part of transition to new reporting software.
2. Managed team responsible for development of reports which
isolated daily variance reporting between information
systems during transition. Focus was to ensure integrity
of financial statements and corresponding reduction in
reserve account balances.
3. Performed study of SKU's with slower turnover than payment
terms. Identified items that should be converted to the
Consignment program. Built automated system/reporting of
such items resulting in an ongoing savings of 1% of all
inventory items reviewed.
Satellite Industries MMarch 1996 - December
2001
Director of Financial Systems/Supply Chain
Family owned holding company for 5 corporate entities. Businesses included
a manufacturing/distribution business, trailer office rental and modular
building business, two airplane repair and refueling businesses, and a
nationally known airplane engine repair business. Sales growth during
employment was $20 million.
Achievements: Developed distinct Strategic Systems Information Plans for
3 jointly-owned corporate entities in 3 different
industries. Implemented plans in all companies within 14
months.
Provided owner and leader transition change assistance as
ownership changed from original entrepreneur to sons.
4. Led supply chain project to realign operations, introduce
new vendor efficiencies, and provided change management
leadership within company.
5. Completed a software selection project for Satellite's
large manufacturing and distribution corporation.
Requirements for this corporation include complex
international supply chain components, advanced planning
and scheduling capabilities, and customer relationship
management applications. Oracle's newly released version
11i was chosen for matching its internet B2B and B2C
capabilities with Satellite's international, multi-plant,
multi-location distribution requirements.
Coopers & Lybrand June 1985 - February
1996
Practice Leader
Manager of Consulting
Senior Consultant
Consultant
Consulting Division of Big 6 CPA firm, worked with client companies to
secure growth in sales and savings in operations development and
improvement
Achievements: Hired, trained and managed 25 Financial and Information
System Consultants for a Big 6 Consulting Firm.
Diversified consulting practice from a single information
system focus to a combined financial, operational, and
information system practice resulting in revenue growth
from $1,000,000 to $2,900,000 annually. Received Most
Improved Branch Award from Corporate Chairman after 2 short
years of practice leadership.
6. Evaluated appropriateness of all Administrative
Departments' cost accounting policies and procedures and
adherence to same for budget in excess of $20,000,000
annually. Enabled the Board of Directors to enforce
negotiated contractual financial arrangements with
business partner.
7. Led team responsible for establishing business operations,
developed business plan, created policies and procedures
for new Weight Loss Clinic operation.
. Served as interim IT Director, assisted with Operational
layout, and led software implementation effort for family
owned personal computer manufacturer. Company experienced
sales growth of $10 million dollars during this time
period. Instituted "best practice" business procedures as
part of comprehensive manufacturing, distribution and
financial review of operations during implementation
effort.
. Designed and implemented financial reports for the Mayo
clinic, the Minnesota based high tech medical and patient
care center.
. Implemented financial software modules on behalf of world's
largest private corporation. Reduced planned
implementation schedule by 50% to accommodate intense FTC
scrutiny of sale of Corporate Division.
. Guided rewrite of custom developed payroll system for large
multinational banking institute. System processed
$60,000,000 annually in payrolls, and over $100,000,000 in
service bureau payrolls.
International Multifoods, Inc. MMay 1977 - May
1985
Controller
Financial Administrator
Accounting Supervisor
Division of International Fortune 500 corporation with growth from 20 to
38 mid-size business locations; locations were partnerships with local co-
ownership in several cases.
Achievements: Analyzed over 100 significant business opportunities
throughout the Midwest to purchase for equity gains.
Acquired 18 select companies that met or exceeded return on
investment criteria.
. Developed proforma profit and loss statements, balance
sheets, and return on investment calculations for
corporations acquired from throughout the Central United
States area. Advised Senior Management on most
advantageous purchase arrangements; balance sheet or fixed
asset purchase.
. Supervised accounting for 38 locations, directed staff of
34 accountants, and managed cash with an aggregate daily
balance of $2,000,000.
Best Farm, Inc. June 1975 - April
1977
Corporate Controller
Entrepreneurial, fast growth agriculture-based start up with 5 corporate
entities
Achievements: Advisor and right-hand-man to owner and Corporation
President planning and assisting in sales growth from $4 to
$8 million
Directed accounting staff comprised of 6 individuals in all
aspects of day-to-day accounting and financial reporting.
Education: University of St. Thomas, St. Paul, MN 1983
MBA, Business and Finance
Wartburg College, Waverly, IA 1975
B.S., Accounting, Business Administration, Economics
Midwest Consortium 2011
Project Management and Process Re-engineering Certifications
Personal: Board of Directors - Northwest Consortium for the Aging
Board of Directors - Angelica Cantanti
Volunteer - Community Emergency Services