Daniel Brecht, Cpa (Inactive) Email & Phone Number

Minneapolis, MN, US

Andover, MN, US

• Financial oversight of four manufacturing sites with more than $125 million in revenue.
• Provide financial and administrative control, analysis and advice to the local and corporate management teams.
• Lead, manage and develop Finance team members through delegation, team goals and accountability.
• Preparation and management of the forecast and budget documents.
• Ensure strong internal control environment is maintained.
• Preparation and management of monthly reporting packages for review with local and corporate office.

• A key member of the management team working to manage the growth and improve profitability.
• Played a crucial role in the cleanup of the ERP system to deliver accurate product costs.
• Measure major components and drivers of cost to identify opportunities to improve profitability.
• Prepare forecasts and annual budgets with alignment from the commercial and operations teams.
• Prepare and review the monthly management pack with local and corporate management.

Assisted with compliance for the Physician Payment Sunshine Act (A United States law which requires that all manufacturers of drugs, devices, and biological and medical supplies covered by federal health care programs collect and track all financial relationships with physicians and teaching hospitals).

• Strategic Financial Leader
• Member of the Senior Executive Leadership Team.
• Achieved a 9X increase in Enterprise Value for the company during my tenure.
• Partnered with the Senior Executive Leadership Team to develop strategic and financial plans.
• Prepared management reports showing trends and variances to forecasts. Venture Capital
• Led due diligence information compilation for three fund raising rounds that secured over $50 million in venture capital.

US

• Integration Team
• Retained as a member of the management team responsible for integrating Gentra’s products, technology, sales, service and support into QIAGEN’s organization.
• Worked with US and Swiss Integration Managers as well as US Finance personnel to ensure strategic organizational alignment.
• Resolved daily business challenges to execute comprehensive integration plan within twelve months.International Business
• Implemented payroll processing procedures for employee located in the United Kingdom.
• Set up and coordinated recovery of VAT taxes for international expenses and sales transactions.IT Oversight

Minnetonka, Minnesota, US

• SEC Reporting and SOX
• Prepared and filed all required SEC compliance reports.
• Identified internal control deficiencies to correct for compliance with Sarbanes-Oxley reporting.
• Assisted the CFO in investor relations communications.Revenue Recognition
• Led implementation of new revenue recognition accounting software.
• Reviewed all sales for proper VSOE revenue recognition requirements.

Eden Prairie, MN, US

• IPO
• Assisted with the preparation of the required SEC documents for initial public offering.Acquisition Integration
• Led the integration of a company Datalink acquired that was headquartered in Marietta, Georgia.Inventory
• Led a team to identify obsolete or distressed inventory and implemented a process to maximize residual value through various disposition channels.Other
• Responsible for tax and regulatory compliance for federal, state and local agencies.
• Prepared monthly management reports and led monthly manager meetings.

US

• Product Costing
• Prepared all new product cost analysis.
• Assisted with ABM/ABC plant implementation to better understand true cost of productsMonthly Close
• Closed month-end for three production facilities within four business days.
• Streamlined accounts payable and month-end close processes. Payroll
• Led payroll software implementation.Other

Minneapolis, MN, US

Senior Accountant (May 1994-May 1996)In-Charge Accountant (May 1993-May 1994)Staff Accountant (January 1992-May 1993)