Michael Allen Loe

*** **** ****** **

Hutchinson, MN 55350

Email: ac9yfy@r.postjobfree.com

Phone Number: 320-***-****

SUMMARY

An accountant with a strong academic background. Strong analytic and problem solving abilities. Thorough and well organized in completing projects. Ready and willing to assume responsibility. Committed to professionalism.

PROFESSIONAL EXPERIENCE

Thomas Engineering Company – Revenue $18 Million December 2018 – July 2019

Controller

Supervise 2 accounting associate. Review accounts payable and accounts receivable on daily basis

Prepared various financial statements for management and owner such as balance sheet, Income statement, job costing reports and other month end reports.

Lead contact with banking relationship.

Manage the cash forecasting, credit cards, bank credit line, outgoing wires and bank notes.

Setup new vendors established discount program with new and excising vendors.

Established and reviewed new and current customer credit limits.

Processing payroll and commission for sale reps and inhouse sales team.

Updated and created new and excising accounting policies as needed.

Prepare payroll tax returns such as 940, 941, W-2, and 1099s.

Prepare various Sales Tax Return on monthly basis.

Review inventory cycle counting reports and explained all various to management and owner.

Worked with design team to set up bill of material for the ERP system.

Highly involved in forecasting and budget processing on weekly basis.

Harland Medical Systems, Inc. – Revenue $12 Million April 2017- December 2018

Controller

Supervise 2 accounting associate. Review accounts payable and accounts receivable on daily basis.

Prepared various financial statements for upper management such as balance sheet, Income statement, job costing reports and other month end reports.

Lead contact with banking relationship. Manage the cash forecasting and bank credit line.

Setup new vendors established discount program with new and excising vendors.

Established and reviewed new and current customer credit limits.

Processing and reviewing payroll.

Updated and created new and excising accounting policies as needed.

Prepare various Sales Tax Return on monthly basis.

In the process of introducing the different departments to inventory cycle counting.

Highly involved in forecasting and budget processing on weekly basis.

Warrior Mfg. LLC - Revenue $40 Million October 2014 - March 2017

Controller

Supervise 4 accounting associates.

Prepared various financial statements for corporate accounting department such as balance sheet, income statement, and other month end reports.

Managed inventories in four different locations.

Introduce purchasing to the job. Reduce Inventory from $4,000,000 to $500,000

Performed physical inventory counts on a quarterly and year end counts.

Developed and implemented daily inventory cycle counting to all 4 locations.

Setup new vendors established discount program with new and excising vendors.

Established and reviewed new and current customer credit limits.

Processing and reviewing payroll.

Prepared monthly sales tax return for 4 different states.

Reviewed accounts payable and accounts receivable aging on weekly basis.

Implemented cash forecasting for the company.

Performed collection calls on weekly basis.

Create year end budgets and projects for various departments.

Responsible for special projects such as updating and making changes to the ERP system.

Updated and created new and excising accounting policies as needed

Hanson Silo Company – Revenue $25 Million April 2011 - October 2014

Controller

Reviewing and prioritizing the work of 3 associates.

Prepare, review and analyze monthly financial statements for the company’s owners and bank loan borrowing compliance.

Implemented new ERP and Financial Accounting System.

Developed and implemented a new job costing accounting program by updating each item in the ERP system.

Created month end closing policy for the company.

Established and enforced several new policies for inventory management to reduce holding cost.

Create year end budgets and projection projects for various departments.

Work with all levels of management to understand and explain the financial results.

Supervalu, Inc April 2004-December 2010

Senior Accountant

Supervise 3 to 5 accounting associates.

Prepare various financial statements for corporate accounting department such as the Statement of Changes, Capital Expenditures, and several footnotes.

Responsible for the accounting and control of over $3 billion in fixed assets, over 1,300 leases with annual rent of $215 million and a surplus real estate portfolio of 250 properties valued at $350 million.

Reduced cost of Fixed Assets and Lease Accounting through the development and implementation of simplified but tighter SOX controls and reporting.

Redesigned work processes and enhanced staff training resulting in a ten percent headcount reduction.

Designed and implemented improved management reporting for Surplus Property, which increased visibility of individual properties and improved expense controls.

Reduced manual processing by bringing exception transactions into lease system, eliminating inefficiencies and reducing errors.

Prepare the department’s year-end inventory reports.

Manage the accounting for non-operating properties and involved in construction accounting.

Create year end budgets and projection projects for various departments.

Fields Hokanson & Company December 1998 - April 2004

Staff Accountant

Performed individual, corporate, partnership and fiduciary accounting, audits, reviews, compilations, tax planning and tax preparation.

Assisted in acquisitions and disposal of businesses.

Supervised payroll, accounts payable, processing and the preparation of financial statements for clients.

Managed the daily office activities for the CPA firm.

Client base coincided of manufacturing, distribution, and professional services.

Wilbrecht Electronics Corporation May 1997 - December 1998

Staff Accountant

Performed accounts receivable services, collections and credit approvals.

Managed the 401-K plans for 150 employees and various payroll activities.

United States Army May 1989- October 1992

Communication Specialists

Provided communications support for field operation.

Learned valuable leadership skills, discipline, honor and ethics. Served in Desert Shield and Desert Storm.

EDUCATION

University of St. Thomas, Minnesota

B.A. Accounting Degree - GPA 3.5

SOFTWARE SYSTEMS

Ascent, Geac, Global Shop, Computron, Syspro, Oracle, Syspro, Excel, Access, Word and Microsoft Office

PROFESSIONAL ACTIVITIES

Participate in continuing education programs on regular basis

References:

Dave Coulter

Senior Director of Operations

Harland Medical Systems

7418 Washington Avenue South

Eden Prairie, MN 55344

Email ac9yfy@r.postjobfree.com

Phone 612-***-****

I have worked with David at Harland Medical Systems. I have known him for 1 years

John Fredrick

Production Manager

Warrior Mfg. LLC

300 Industrial Drive

Redwood Falls, MN 56283

Email ac9yfy@r.postjobfree.com

Phone 507-***-****

I have worked with John at Warrior Mfg. LLC. I have known her for 3 years

Rodney Kaiser

Operations Lead/Purchasing Agent

Hanson Silo Company

11587 County Road 8 SE

Lake Lillian, MN 56253

Email ac9yfy@r.postjobfree.com

Phone 320-***-**** Ext: 110

I have worked with Rodney at Hanson Silo. I have known him for 6 years

Steve Bloomquist

Vice President of Shareholders Relationship

Supervalu Inc

7075 Flying Cloud Dr

Eden Prairie, MN 55344

Email ac9yfy@r.postjobfree.com

Phone 952-***-****

I have worked with Steve at Supervalu. I have known him for over 10 years

Kevin Silus

Graphic Designer

Presentations Plus International, LLC

2165 Daniels Street.

Long Lake, MN 55356

Email ac9yfy@r.postjobfree.com

Phone 952-***-**** Ext: 17

Kevin is personal reference. I have known him for over 10 years.

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