WILLIAM E. SCHMITT 952-***-****
***** *********** ***** **** 952-***-****
Shorewood, MN 55331 Email ******@***.***
SUMMARY:
Progressive experience in all phases of accounting, financial management, sales/marketing and general management. Have combined skills in new business development, operations and administration, strategic planning, financial management and creating/ growing corporate profits. Have a strong reputation for implementing cost savings programs, being an innovative problem solver consistent in my ability to exceed corporate goals; have high integrity and ethical standards; and for outstanding ability in planning, prioritizing and facilitating growth.
Professional associates refer to me as a proven leader…highly organized…a results oriented professional who has demonstrated ability to develop and meet corporate objectives…a sound communicator well able to motivate others…and tenacious at achieving profits goals.
CAREER HISTORY AND SELECTED ACCOMPLISHMENTS:
2010-Present
Accounting Consultant
CommonWealth Properties, Inc. St Paul, Minnesota
CommonWealth Properties, Inc. is a property development and management company.
Hired in a temporary capacity as a consultant to provide management advise for the accounting operation.
• Reviewed and verified year end balance sheet accounts.
• Reviewed and advised on restaurant inventory procedures.
• Managed the accounting of Hotel 340 in development.
2009-Present
Consultant for SCORE. Provide advice to small and start up business owners on a volunteer basis.
2007-2008
Controller
Hennepin Home Health Care, Inc. Brooklyn Park, Minnesota
Hennepin Home Health Care, Inc. is a $5 million provider of Home Health Care services.
Responsibilities for Financial reporting, all accounting functions with emphasis on Billing and Accounts
Receivable.
• Implemented Medicare billing using Carefacts Billing system.
• Reconciled and balancing the general ledger and correcting prior year errors.
• Supervised staff of five.
1999-2007
Controller,
Schoell & Madson, Inc. Plymouth, Minnesota
Schoell & Madson, Inc. is a $5 million provider of Civil Engineering, Planning and Land Surveying.
Originally hired as Controller with subsequent additional responsibilities of Operations Manager for project management
• Implemented Project Management monitoring, training and problem resolution.
• Implemented accounts receivable monitoring and collections program to control days outstanding.
• Benefit management to minimize costs and maintain a competitive benefit package.
• Established financial controls and procedures, revised all reporting and accounting systems for efficient reporting, maintained and created all financial reporting both internal and external.
• Reduced costs to increase profits by bidding out insurance and other significant overhead costs.
• Established controls and managed the collections procedures to control days outstanding.
• Managed the ongoing project management and operations of all ongoing projects to reduce overruns and write-off.
• Managed and coordinated the move of the main office to Plymouth, Mn.
• Tracked and managed cash and operating line of credit.
• Managed annual insurance renewal and risk management.
1998-1999
Consultant
LarsonAllen
LarsonAllen is an accounting firm that at the time provided temporary and contract employees to various firms.
Contracted to various firms as a Controller/Accounting Manager to solve problems and create financial reporting.
Corrected and caught up a firm that was 6 months behind in financial statements and bank compliance.
1981-1997
Fullerton Companies, Plymouth, Minnesota
Originally hired as an Inventory Accountant, Fullerton Lumber Company, with subsequent promotions to Accountant, Accounting Manager (acting as the Controller), and finally in 1996 to Vice-President and General Manager, Mid-Continent Lumber Dealers Supply, Inc.
Vice President and General Manager, Mid-Continent Lumber Dealers Supply, Inc., Fort Dodge, Iowa
Mid-Continent Lumber, a wholly owned subsidiary of Fullerton Lumber Co. is a $10 million wholesale distributor of lumber and building materials.
• As Vice President and General Manager, managed a program to increase revenues and profits.
• Developed and implemented a new business operational plan, designed new sales and marketing strategies, expanded the product line and improved operational procedures. Result was to increase revenues over $1,000,000 with a corresponding increase in pre-tax profits.
Accounting Manager, Fullerton Companies
• Responsible for accounting and financial statements for two subsidiaries.
• Converted a manual administration system to a computer system. Developed new reporting procedures; evaluated and purchased all hardware and software; conducted user training; and implemented all management systems involving order processing, accounts receivable, and inventory control. Result was a labor and operational savings of $400,000 over 7 years.
• Acting as Accounting Manager, served as a liaison between the accounting an MIS department and senior management to design standardized reporting forms and to facilitate inter-departmental communications.
Inventory Accountant, Fullerton Companies
• Managed inventory system, payables and sales to maintain accuracy of inventory accounting system for 20 lumber yards.
• Managed physical inventory for various lumber yards.
• Participated in discovery, development and implementation of a Point of Sale system.
Education
BSB Business Administration
University of Minnesota, Minneapolis, Minnesota
• Numerous courses, seminars, and workshops with an emphasis in accounting, financial management practices, leadership development, strategic planning, risk Management and general Business practices.
MAJOR CAREER RESPONSIBILITIES AND ACCOMPLISHMENTS:
• Controller of $5 million civil engineering, land survey and planning company.
• Profit/loss and all general management functions of running a $10 million wholesale lumber distribution company, Operations and administration; strategic planning; all financial management functions; profit improvement programs.
• Development of policies and procedures; development of business, operational and sales/marketing plans.
• Development and implementation of operational, financial and computer systems.
• Quality management processes; purchasing, materials management, inventory control, logistics and vendor selection.
• Management and maintenance of fleet vehicles, facilities management.
• Contract negotiation; project management; risk management; government compliance; capital equipment acquisition.
• All human resource functions; staff hiring, training and motivation; customer service and support. Managed staffs up to 20 and budgets up to $8.5 million.
• Financial management and financial analysis and reporting; cash flow management, credit and collections activities; accounts payable/receivable and payroll.