Jeffrey A. Thorson
Prior Lake, MN • 612-***-**** • *************@*******.***
FINANCIAL LOGISTICS ANALYST
EXPERIENCED PROFESSIONAL with over 29 years of involvement in logistics, transportation, and financial budgeting, forecasting, and month-end activities with a record of implementing, driving, and managing multiple corporate initiatives with maximizing gains through standardization tools. Energetic, tactical yet real-world individual recognized for handling multiple tasks and delivering results under reduced time lines. Results driven individual providing analyse and details to drive business objectives and blend viewpoints, costs, and speed to produce practical solutions over a $5B global manufacturer.
SELECTED CAREER ACCOMPLISHMENTS
COST INITIATIVE FOCUS: Bridge between Senior Management and Finance to establish yearly budgets and maintain growth initiatives with an organization.
EMBRACE CHANGE OF TECHNOLOGY: Implemented and tested a new Transportation Management System (TMS) and two major upgrades for Oracle eBusiness.
BUSINESS GROWTH AND INTEGRATION: Implemented and managed corporate logistics programs for 9 business units in North America to drive savings to the bottom line.
SARBANES-OXLEY: Initiated, developed, and implemented policies and procedures for the entire organization to become compliant for external audit.
PROFESSIONAL SKILLS
EXPERIENCE DRIVING VALUE
EMERSON ELECTRIC CO. Minneapolis, MN 2006-Present
Multinational industrial company focused on automating manufacturing processes across a variety of industries.
Financial Logistics Analyst (2012-Present)
Responsible for implementing and maintaining Emerson’s logistics programs, in North America, across a diverse $2B+ platform, responsible for a $12M freight budget ($10M inbound and $2M outbound) across 9 businesses. Prioritized efforts around reducing cost, solving every day issues to keep the facilities materials replenished, and enhancing internal and external customers’ relationships.
Continued to deliver excess of $300K of cost savings each fiscal year for factory beyond competitive tension.
Reduced freight budget as a % of direct material from a high of 4.8% to a current steady state of 3.5 to 3.7% for consecutive years.
Removed $3M+ of total freight cost, one time, from yearly budget and held to new target yearly.
Low 90% FUM for LTL shipments, close to 100% for FTL and heavy air in TMS for suppliers.
Embraced and implemented multiple system upgrades.
Supervised Traffic department without direct supervision for 2.5+ years
Jeffrey A. Thorson
Senior Financial Accountant/Accounts Payable Supervisor (2006-2012)
Supervised and lead a team of four individuals who handled the disbursements for three separate business units within Emerson. Analysed and reported out monthly the financial results for a $30M business unit within Emerson.
Redefined the process for electronic invoicing from suppliers and stream-lined the disbursement process from outdated check processing to ACH disbursements.
Analyst for two Vice-Presidents, within Emerson, handling their monthly, quarterly, and yearly budgets for 21 diverse departments within their organization.
Analyst for $30M business unit reporting out monthly balancing initiatives against spending to remain profitable.
EARLIER CAREER SUMMARY
Seneca Foods Inc, Plant Controller Montgomery, MN 2004 – 2006
Intermet Inc, Senior Staff Accountant New Hope, MN 2002 – 2004
Jostens, Inc, Plant Controller Burnsville, MN 1997 – 2002
Laser Design Inc, Controller Bloomington, MN 1995 - 1997
EDUCATION
BACHELOR OF BUSINESS ADMINISTRATION (BBA), ACCOUNTING 1991
University of Wisconsin-Eau Claire Eau Claire, WI
Supervision and Development of Individuals
Global and Domestic Transportation Relationships
Cost Savings Identification
Customer Centred Focus
Complex Problem Solving
Flexible through Diverse Industries
Corporate Program Compliance
Drives Vision and Purpose
Contingency Planning for Disruptions to Supply Chain
Global Air Freight
Less-than-Truckload and Full-Truckload
Transportation Management System (TMS)
KPI, Policies and Standardization Usage
Budgeting and Forecasting (Zero Based)
Strategic Perspective and Accountability
Fosters Collaboration and Inclusion
Manages Complexity and Ambiguity