Bartlett, IL ***** acekbh@r.postjobfree.com
Daniel C. Schrader
S ummary
S killed and knowledgeable financial professional with a demonstrated ability to
s treamline processes, analyze complex f inancial situations, successfully turn -around and
l ead an underperforming team, and create new methods for the tracking of data. Holds
d ual specialization Master of Business Administration, in Finance and Accounting, and
h a s s uccessfully completed the e xam for c ertification as a Certified Public Accountant.
E ducation
M aster of Business Administration – C olorado T echnical University
Dual Concentration in Finance and Accounting
B achelor of Arts – U niversity o f Illinois at Chicago
Music
C ertifications
Certified Public Accountant – in progress, all test sections completed. Receipt of certificate pending
Experience
07/2013 – Present Power Solutions International Wood Dale, IL
F inancial Analyst – C orporate
Perform monthly, quarterly, and year-to-date budgetary variance analysis for all departments within
organization. Identify causes, determine permanence, and recommend remedies to identified variances.
Assist in development of sales forecast and P/L budgets on annual and on-going basis.
Track labor expense for all employees engaged in production and handling of inventory. Design analysis
tool to examine and calculate various cost metrics associated with labor. Generate report for use by
Continuous Improvement Manager.
Serve as point of contact for CFO and COO in $61 million acquisition of Professional Power Products, Inc.
Conduct full financial review and analysis of target's historical financial statements, create forecasts based
on various scenarios over five year, generate various returns on investment using specified hurdle rates, and
assist in creation of pro forma financial statements and opening balance sheet. Create presentation for Board
of Directors.
Develop and maintain model which allows for analysis and forecasting using various performance
scenarios, financing arrangements, and return methods.
Compile quarterly analysis report of competitors and peers within the industry sector for CFO. Provides for
benchmarking and comparison of various performance metrics.
Assist Financial Reporting Manager with creation and review of SEC filings.
Compile engine sales by week and month to provide graphical comparison to labor performance both over
time and within period. Perform quarterly analysis of sales, dividing sales into region, customer, and
industry. Analyze sales for applicability of Illinois sales and use tax. Present recommendations for
completion of monthly tax forms.
Research accounting treatment of various complicated scenarios as requested by VP of Finance.
Assist CFO and VP of Finance with ad hoc reporting as necessary.
05/2010 – 07/2013 Career Education Corporation Schaumburg, IL
L ead Finance Supervisor
Led team responsible for high risk and unresolved accounts. Ensured that population and production goals
are met weekly and monthly. In a six month period, the team had resolved an average of 723 accounts per
month exceeding management expectations by 137%.
847-***-**** acekbh@r.postjobfree.com
D aniel C. Schrader
Was able to reduce at risk revenue from $9.36M to $3.80M within six months by resolving accounts.
Reduced average revenue at risk from 3% to 1% of total revenue for group.
Developed and maintained analytic tools designed to minimize error, track areas of improvement, increase
productivity. Created certified loan origination adjustment calculator and account error reconciliation.
Continuously identified areas of opportunity.
Addressed unresolved account population by introducing new reporting methods and analysis of data
resulting in increased transparency and redesigned methodologies.
Ran various scenarios to determine future account workload based upon historical data.
Reduced average account discharge to final collections by 50% per 45-day cycle by accurately identifying
non-progressing accounts.
Oversaw $1.86 million allotment of federal grant, ensuring both the maximum application of available
funds as well as reassignment of unused funds. The effort of the continual analysis had ensured the usage of
funds remains on forecast throughout the fiscal year.
Minimized lost revenue occurrences by quickly and accurately assessing ledger information and data
supporting claim for refund.
Routinely conducted random account audits to ensure high level of compliance in the application of
government and corporate regulations.
Ensured accuracy and eligibility of corporate tuition reimbursement funds for assigned group to be
dispersed totaling $1.6M per calendar year. Streamlined processing of reimbursement requests and
verification resulting in revenue recovery of $200K per calendar year.
Generated ad hoc reporting as requested by management.
O ther Work Experience
03/2013-Present Burke Financial Services Bartlett,
IL
Staff Tax Accountant, Part-time
07/2007-4/2010 American Chartered Bank Schaumburg,
IL
Personal Banker-IRA Product Specialist
Awards and Recognitions
In a global business strategy simulation (BSG), including 342 teams comprised of MBA students
across 34 universities, individually designed and managed simulated company placed:
o 1st overall, 1st earnings per share, 16th return on average equity, 1st stock price
A reas of Strength
Able to analyze and understand trends Excellent collaborator capable of working within
immediate group and with internal and external
Capable of working in government regulated
stakeholders
business environment
Problem solver, including “what if” scenarios
Microsoft Office Suite expert including
advanced Microsoft Excel functions: macros, Quick identification of financial risks and
multiple nested formulas, index/matching, opportunities
and V-lookup. Able to create advanced QuickBooks and ProSeries Professional
modeling tools
Highly analytical
Understanding of GAAP, IFRS, and GAAS
Quick and astute learner
Experience with ERP, including PeopleSoft,
SQL experience
Epicor, DIS
Capable of completing financial forecast models
Experience with mergers and acquisitions
including: IRR, MIRR, and NPV
S ocial Media
View my profile on LinkedIn at www.linkedin.com/in/danielschradermba/