Michelle A. Erickson, BA, MBA, CSGBB, CSM
Carol Stream, IL 60188
Cell: 630-***-****
Email: adz445@r.postjobfree.com
www.linkedin.com/in/michelle-erickson
Summary
Director of Finance/Controller and success driven multi-facility manufacturing with over 25+ years of experience with success driven progression, including 15 years private equity experience. Financial specialty is cost accounting 25 years of cost accounting, process improvements and cost reduction, a, with additional experience as a controller. A cross-functional team player with success in business process improvements and cost reductions. Extensive financial and systems analysis, including 9 systems implementations, complemented with a strong cost and financial background.
System Implementations Team member: 9 ERP/ Financial system implementation; ConAgra Foods Team Site Lead for ERP upgrade and consolidation team lead for 4 sites; ConAgra Foods multi-site consolidation, costing, and MRP implementation for 5 sites, Create Sox compliance procedures for ConAgra, Completed team leadership training at Jelsert.
Software Experience: Oracle, Hyperion Pillar, Hyperion Financial, Great Plains, BPCS, Lotus, MS Office Suite, Essbase, Vantage, Peachtree, Concur, Quickbooks, Prophix, QAD EE, FAS, Sage X3
Work Experience:
Hearthside Foods Controller 2021 prepared reports for corporate reconciliations.
Processed AP and worked with staff to complete tasks.
Worked with different departments and processed KPIs
Work Experience:
Avlon Industries -Controller– Melrose Park, IL - December 2018-March 2020
Hair Care Product Manufacturer Annual Sales $36M
Calculate Monthly Borrowing base, analyze cash flow, and streamline month end close processes.
Create process improvement measures and create measurable goals for team.
Improved Supplier relations to convert from cash with order to terms, and extended terms.
Analyze costing, identify cost drives, initiated BOM review to improve accurate inventory and cost.
Create cross functional training for team of 7 employees, documenting processes and procedures.
Analysis balance sheet for accuracy including analysis for obsolete and at-risk inventory.
Streamlined cash application to & decrease days for payment application 50%
JelSert – Director of Operational Finance –West Chicago, IL October 2010 – Sept 2018
Food manufacturer of snacks, drinks, and fun foods. Annual sales $220M.
Director of Operations Finance
CORE team member for mainframe QAD system upgrade for financials & manufacturing finance.
Core team lead for financial system, Prophix upgrade and implementation of new budget module.
Improved accuracy in budgeting for indirect staffing.
Managed $150M operational budget for 13 departments and 10,000 inventory items.
Prophix Administrator, prepared DPM Cubes for budget, create report templates, ad hoc analysis.
Identified as Management Leader and completed Management Leadership Training Course.
Assistant Controller Oct 2010-Nov 2014
Created all inventory cost analysis for YE audit according to GAAP.
Review Cost drivers to help determine methods and processes for increased profitability.
Prepare year-end budget templates, product standard costs, manufacturing and expense budgets.
Process month-end journal entries, financial trend analysis, product line profitability drivers.
Certified Internal SQF Process Auditor
Financial Analyst
Analyze monthly variances and production costs. Create reports to analyze spending trends.
Prepared all operational financial reporting, key driver analysis, and analysis according to GAAP.
Analyzed P&L accounts to validate expenses and improve reporting KPI metrics.
Analyzed direct labor payroll and reduced Operations direct labor cost; identify savings of $2.5M improvements savings of over $2.5M
Optimum Food Group, LLC – Controller -Northbrook, IL Dec 2009 – October 2010
Co-packer of cook and serve meat products. Annual sales $19M.
Prepare monthly financials and analyze trends according to GAAP. Prepare payroll.
Prepare customer quotes and profit analysis.
Review inventory, input Bill of Materials (BOM’s), reviewed component costs.
Create control procedures, analyze processes to recommend improvements.
Power Great Lakes – Controller - Wood Dale, IL Aug 2007 – May 2009
America’s leading manufacturer of custom engineered engines Annual sales of $125M. Privately Held
Prepare monthly consolidated financials - eight companies, analyzed trend & expense analysis.
Develop monthly closing processes, financial policies, and procedures for financial reporting.
Prepare daily, weekly and monthly cash forecasts to maximize cash flow, and bank reporting.
Co-Lead in yearly external audit, inventory, and semi-annual bank audits.
Created cross functional training.
Business process improvements: Customer quotes and pricing, cost review.
Decrease production reporting from 3 days to 6 hours.
Streamlined Inventory controls resulting in auditor physical inventory requirement to 80/20 rule inventory.
Update component cost BOM’s to evaluate finished goods inventory, 9000 skus.
Create a monthly sales report & perform gross margin analysis to help increase profitability.
Manage a department staff of fourteen people; work to build on strengths and drive performance.
ConAgra Food Ingredients – Carol Stream, IL Sept 1999 – Oct 2006
Leading fortune 500 branded food company. Facility annual sales $127M
Plant Controller Dec 2004 – Oct 2006
Prepare monthly financials, yearly (fiscal) budgets, and monthly rolling forecasts.
Create policies and procedures for Sarbanes Oxley and implement financial controls.
Prepare budget to actual and forecast analysis, weekly flash statements, Gaap analysis.
Manage staff of three and create cross training schedule.
Track material cost changes, review and approve all financial invoices and expenses.
Gibson Guitar/ Gibson Gear – Division Controller - Elgin, IL Oct 2006 – Aug 2007
Leading guitar manufacturer, divisions: Accessories, Amplifiers, & Consumer Electronics. Annual Sales $25M
Prepare daily & weekly reporting to top management.
Develop financial budget & forecast for three divisions; manage cash flow to ensure product flow.
Reconcile inventory; review order fill rate & inventory turn analysis to drive improvements.
Coordinate international vendors for timely inventory issues and resolved issues.
Implement policies: purchases, inventory control, employee time tracking, and cross training.
Prepare monthly financials, account & bank reconciliations. Audit invoices, and HR functions.
Manage staff of four employees, including remote locations. Prepare weekly payroll.
Power Great Lakes – Controller - Wood Dale, IL Aug 2007 – May 2009
America’s leading manufacturer of custom engineered engines Annual sales of $125M. Privately Held
Prepare monthly consolidated financials - eight companies, analyzed trend & expense analysis.
Develop monthly closing processes, financial policies, and procedures for financial reporting.
Prepare daily, weekly and monthly cash forecasts to maximize cash flow, and bank reporting.
Co-Lead in yearly external audit, inventory, and semi-annual bank audits.
Created cross functional training.
Business process improvements: Customer quotes and pricing, cost review.
Decrease production reporting from 3 days to 6 hours.
Streamlined Inventory controls resulting in auditor physical inventory requirement to 80/20 rule inventory.
Update component cost BOM’s to evaluate finished goods inventory, 9000 skus.
Create a monthly sales report & perform gross margin analysis to help increase profitability.
Manage a department staff of fourteen people; work to build on strengths and drive performance.
Contract Work
Proven Partners Group – Contract as Interim Controller July 13, 2021- Aug 13, 2021
Process AP invoices
Work on AR details on outstanding invoices for management review
Enter payroll entries
Balance Sheet Reconciliations
Diesel Radiator – Controller April 3-April 28 2021
Processed weekly transactions.
Assisted with applying cash to customer accounts.
Approve AP invoices for processing.
Create KPI reports
Slidematic Feb 2021-March 2021
Process journal entries
Review costing structure
Follow throughput mapping on processes
Trace Inventory Transactions
Suggest enhancements to ERP system.
Work Experience:
Hearthside Foods Controller 2021 prepared reports for corporate reconciliations.
Processed AP and worked with staff to complete tasks.