Sign in

Director of Finance

Ham Lake, MN
October 21, 2018

Contact this candidate


NANCY SEVERSON ***** Swedish Drive NE, Ham Lake, MN 55304



20+ years Demonstrated Leadership in Effectively Directing Accounting Practices, Expertly Maintaining Fiscal Records, Diligently Preparing Financial Reports, Developing Financial Strategic Plans; and Directing/Developing Human Resource Functions Strong Background in the Construction and Manufacturing Industries Proven Experience in Leading Teams to Achieve Organizational Financial Goals 15+ Years of Responsibility for All Phases of Finance, Budgeting and Accounting with Comprehensive Working Knowledge of all Accounting Areas 15+ Years of Managing, Mentoring and Developing Others including Handling the Complex Range of People Issues that Come with Leadership Genuine Work Ethic and Integrity with the Ability to Inspire Employees to Drive for Their Best Proven Ability to Meet Deadlines, Handle Pressure and Make Impactful Decisions Strong Passion for Providing Outstanding Customer Service to Both Internal and External Customers/Employees Proven History of Collaborating with Executive Leadership to Develop Business, Financial and Growth Strategies for the Organization Specialties include Budgeting, Strategic Planning, Accounting/Financial Management, Strategic Human Resources Management, and Business Management Solid Experience in HR Functions such as People Development; Employee Relations; Culture Development; Onboarding; and Benefits Administration Demonstrated Ability to Establish Rapport with Diverse Groups, Organizational Levels and Backgrounds Well Respected by Peers, Employees, Executives and Community Leaders


ELLIOTT CONTRACTING CORP – Director of Finance 2000 to Current

Active member of the leadership team, handling all daily and strategic operational functions of the company.

Developed and implemented financial controls and processes.

Prepared external audit documentation and financial reports.

Worked with executives to create annual budget and tracked actual against projected expenses; analyzed variances and determined the cause and suggested budgetary changes to increase company profits.

Performed complex general accounting functions, including preparation of journal entries, account analysis, general ledger, reporting, and balance sheet reconciliations.

Oversaw daily functions including accounting, payroll and financial reporting.

Responsible for all Human Resource functions including hiring/recruitment, benefits administration, insurance renewals, 401k planning, training and development, employee relations, and employee review process.

Formed company strategic planning committee to come up with marketing strategies, sales strategies, service department development, and project profitability strategies to achieve company goals.

Company dissolved May 2018; currently working for owner on collecting for the bank, paying bills and tying up loose ends.


oTook negative company equity of $2 Million to almost break even over 12 years, of which, was partially during a recession.

oEfficiently managed cash flow ($20-$25 Million in revenue) without a credit line since 2009.

oCut overhead by 5% through strategic planning efforts.

oStarted a pre-fab process of electrical components in the warehouse causing higher-paid electricians to cut time in installation which increased gross profits by 10-20% and sent installation of manufactured electrical components to field jobs to complete.

oManaged accounting software conversion from AS400 System 36 to Foundation giving key people more timely information and the ability to make more accurate financials decisions on projects and projections.

oOrganized and managed Safety Committee; changed EMR rate from 1.25 to 0.67, cutting company insurance rates by 13% for Work Comp.

oOrchestrated a company move from downtown Minneapolis to suburbs, lowering rent costs by 10% and increasing office space SF by 10,000.

VEIT & COMPANY, INC. – Controller 1998 to 2000

Hired, developed and mentored a 15-person accounting team while overseeing all daily financial functions for the organization including accounting, payroll, and financial reporting.

Collaborated with executives and management team to develop annual expense plan goals.

Expertly prepared external audit documentation and financial reports.

Maintained integrity of general ledger, including the chart of accounts.

Performed complex general accounting functions including preparation of journal entries, account analysis and balance sheet reconciliations with detailed precision and accuracy.

BELAIR BUILDERS, INC. – Controller 1995 to 1998

Supervised the accounting department operations and a team of 5 employees.

Prepared monthly reports including payment and account reconciliations as well as financial statements.

Worked with management at the project level to ensure expense plans were achieved.

SPANCRETE MIDWEST CO. – Accounting Manager 1989 to 1995

Supervised the accounting department operations and a team of 6 employees.

Oversaw documentation and reporting of expenses, sales and other transactions.

Compiled monthly journal entries into general ledger system.

Directed the gathering of all required documentation and files for account audits and completed reviews.

Drastically improved overall process for year-end inventory audits.



NECA-National Electrical Contracting Association Member

Erik Therwanger Professional Training including Leadership, Employee Relations and Employee Retention Training


Feed My Starving Children Volunteer:

Organized quarterly employee volunteer event including 28 employees over 2 years.

Toys for Tots:

Organized employee toy drive, collecting over 300 toys annually.


Accounting Software including Foundation, Maxwell, and AS400 System 36

Proficient in Microsoft Office Suite; includes Word, Excel, Outlook and PowerPoint

Contact this candidate