Dane Anderson

Dane Anderson Email and Phone Number

Chief Financial Officer with Reell Precision Manufacturing @ Reell Precision Manufacturing Corporation
Dane Anderson's Location
Minneapolis, Minnesota, United States, United States
About Dane Anderson

Hands-on Finance and Accounting leader with a proven track record in multiple successful middle market companies. Proven abilities in accounting, finance, leading and motivating people, strategic planning, budgeting, optimizing working capital, managing banking relationship, M&A, Insurance, HR management, and IT management.

Dane Anderson's Current Company Details
Reell Precision Manufacturing Corporation

Reell Precision Manufacturing Corporation

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Chief Financial Officer with Reell Precision Manufacturing
Dane Anderson Work Experience Details
  • Reell Precision Manufacturing Corporation
    Chief Financial Officer
    Reell Precision Manufacturing Corporation Mar 2024 - Present
    St. Paul, Mn, Us
  • Salo, A Korn Ferry Company
    Consultant
    Salo, A Korn Ferry Company Dec 2021 - Mar 2024
    Minneapolis, Mn, Us
    • Personally replaced two Controllers for a year and a half, managing four locations.• Reduced the time required for the monthly close by two full weeks.• Assisted with mergers and acquisitions including being the lead Project Manager for the transfer of a newly acquired entity into an existing operation.* Filled in for a Controller on maternity leave, then worked on special projects after the Controller's return.
  • Tmg And Dpg Consulting
    Strategic Advisor
    Tmg And Dpg Consulting Apr 2019 - Dec 2021
    • Providing consulting services to middle market businesses needing finance, accounting, and administrative services.• Reviewed existing cost accounting procedures to help owner understand and identify both processes that needed to be changed, and cost areas needing improvement.• Analyzed client’s insurance programs, providing specific recommendations for improvements in a difficult to insure area for one client, and put together a multi-million dollar claim in another case.
  • Fast Global Solutions (Wasp Inc.)
    President And Ceo, Coo
    Fast Global Solutions (Wasp Inc.) Sep 2009 - Apr 2019
    Glenwood, Minn., Us
    • Reported to the ESOP company Board quarterly regarding progress made in achieving corporate goals, while presenting the budgets and plans for upcoming periods.• Implemented additional KPI’s for better performance tracking.• Grew the company from less than $40 million in sales, to over $160 million in sales (16% CAGR), and adjusted EBITDA from $4.5 million to $14.6 million (14% CAGR).• Managed corporate banking relationships to maximize available capital and minimize debt cost.• Doubled company capacity through focused lean and continuous improvement efforts in all departments.• Evaluated and directed investments, with returns consistently exceeding market average.• Improved supply chain commodity bidding process, resulting in significant cost reductions including an 18% reduction in overall cost for one commodity, and 15% in another.• Executed strategic acquisitions to diversify the Company.
  • Hirel Systems Llc
    Chief Financial Officer And Chief Operating Officer
    Hirel Systems Llc Jan 2006 - Sep 2009
    Minnetonka, Mn, Us
    • Led all finance and accounting, corporate budgeting, financial statement preparation, internal reporting, external reporting, internal control, income tax returns and other governmental reporting, banking, capital spending, human resources, information technology, and worldwide supply chain.• Responsible for monthly operations reviews with senior management team.• Continuously improved the accounting close by coaching accounting team members and eliminating unnecessary steps and procedures, increasing efficiency and accelerating close process by 7 days.• Enhanced corporate risk management and insurance coverage while at the same time decreasing insurance costs by $160,000 (35%).• Implemented changes in health insurance plans resulting in a $400,000 (18%) reduction in health insurance costs for employer and employees.• Lowered the company’s effective tax rate by 30% through effective use of international structures, eliminating double taxation of profits.• Responsible for all operations, including production, supply chain, capital spending, and facilities. • Put in place LIBOR-based borrowing which reduced the company’s debt cost by 75 basis points.• Led strategic IT initiative that consolidated multiple IT platforms into one ERP/Accounting system.
  • Mocon Inc.
    Chief Financial Officer
    Mocon Inc. Mar 2000 - Jan 2006
    Minneapolis, Mn, Us
    • Directly responsible for accounting, corporate budgeting, financial statement preparation, SEC reporting and internal controls, iinsurance and risk management, income tax returns, financial investments, banking, capital spending, human resources, and IT.• Responsible for both the quarterly and annual reporting to the company’s shareholders and the Securities and Exchange Commission. • Prepared complete income tax information package• Foreign subsidiary consolidations including multi-currency issues.• Revised the investor relations program resulting in increased liquidity. Stock price doubled over 5 years.• Led the acquisition team which acquired a key company in Germany, expanding European presence. • After tax profit more than 20% of sales.
  • Mocon Inc.
    Corporate Controller
    Mocon Inc. Mar 1988 - Mar 2000
    Minneapolis, Mn, Us
    Corporate Controller Responsible for managing all of the corporate accounting functions and personnel. - Managed monthly, quarterly, and year-end financial close processes.- Responsibility for the corporate budgeting process. - In charge of the credit and collections functions. - Managed workpaper preparation and coordinated activities with auditors.- Responsible for all corporate tax compliance, including multi-state income, sales and payroll taxes.
  • Kpmg Audit
    Senior Auditor
    Kpmg Audit Aug 1985 - Mar 1988
    New York, Ny, Us
    Audited numerous rapidly growing public and private companies. - Responsible for supervising and evaluating professional personnel. - Clients included high technology, manufacturing, service, leasing and construction companies. - Worked with various companies in enhancing their profitability.- Worked on the successful execution of initial public offerings, including FASTENAL.

Dane Anderson Education Details

  • University Of Minnesota - Carlson School Of Management
    University Of Minnesota - Carlson School Of Management
    Accounting
  • Minnehaha Academy
    Minnehaha Academy
    High School

Frequently Asked Questions about Dane Anderson

What company does Dane Anderson work for?

Dane Anderson works for Reell Precision Manufacturing Corporation

What is Dane Anderson's role at the current company?

Dane Anderson's current role is Chief Financial Officer with Reell Precision Manufacturing.

What schools did Dane Anderson attend?

Dane Anderson attended University Of Minnesota - Carlson School Of Management, Minnehaha Academy.

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