Daniel Eckert Email & Phone Number

Pittsburgh, Pennsylvania, Us

Manchester, England, Gb

 Centralized the US Finance team functions in the Cleveland office. Supervised 3 employees. This included AR, AP and Treasury for all Global operations except Europe. Decreased invoicing lag time, implemented corporate wide policies & procedures, decreased days outstanding payables from 60 to 45 days, and improved management cash forecasting and companywide debtors reporting.  Responsible for all financial reporting related to the Market Planning Solutions division and its subsidiaries as well as including the corporate consolidation of its monthly results.  Assisted in creating a corporate wide budgeting and forecast model. Monthly reporting now includes department (SBU’s) financial statements for improved revenue and cost controls.  Managed and accounted for the commission plans for all Market Planning sales associates. Further responsibilities included state sales and corporate income tax governance, account reconciliations, revenue recognition guidance (GAP reporting), Ad-hoc monthly management reporting, year-end audit work paper support, and human resource related duties such as quarterly unemployment/ disability insurance filings and wage garnishments and its related compliance filings.

Elyria, Ohio, Us

 Created, maintained and published monthly compensation statements and system reports.  Managed the administration of the commission systems and all transactional responsibilities. Worked with Payroll and Human Resources to ensure accurate and timely payments of commissions, bonuses and SPIFF’s.  Test and implement new compensation system functionality as required to meet the evolving business needs of their various compensation plans.  Assembled and prepared territory, region, and consolidated reports that assist in the annual Quota process. This process included information related to zip code changes, account exceptions, account splits and baseline sales data.  Reviewed and maintained customer master account assignments in accordance with compensation plans. Documented, balanced, and reconciled the monthly, quarterly and annual sales performance for the various compensation plans activity. Assisted sales force and management with any compensation related issues or ad hoc reporting

 Prepared the monthly financial reporting packages for the City Council.  Implemented the cities new online fixed asset sales system using GovDeals.com Provided schedules necessary for IPA to finish and file the past due 2009 GAAP Compilation with the Ohio Auditor of State.  Worked with Mayor and Department Heads to prepare 2011 Capital Expenditure budget. Responsible for purchase order approvals and bi weekly accounts payable check runs as well as all debt payments.  Coordinated timely responses to public record requests. Prepared revenue, transfer, encumbrance and appropriation projection schedules to assist administration and Council in legislating ordinances necessary to amend the 2010 approved budget.  Bid and contracted with an IPA to perform an agreed-upon procedures engagement as requested by City Council.

Elyria, Ohio, Us

 Assisted in the implementation and testing of the new Oracle system for IPG- Carroll in addition to the Oracle system upgrade for Invacare Corporation. Provided business unit Controllers monthly/quarterly/year- end financial reporting and tax packages.  Worked with business leaders directly in preparation of monthly forecasts, estimates and the annual operating plan (AOP). Provided guidance, assistance and financial analysis as was necessary to build sound estimates and plans. Prepared monthly group sales analysis for business unit marketing managers to assist in their product standard cost and margin analysis.  Responsible for group’s direct and independent representative’s monthly sales commission analysis and payment. Supported accounting practices and the maintenance of financial records assuring compliance with U.S. GAAP and corporate policies

 Performed Group Controller and DC Operational reviews and assist Assistant Group Controller in compliance with SOX internal control requirements.  Championed the effort to integrate ISO, SOX, Operations, and other procedures to support US SOX 404 compliance. Supported the Assistant Group Controller in strategic planning, sales compensation projects, or other activities as needed.  Acted in partnership with the US Controller on special projects related to Lean process improvements. Fostered acquisition and integration activities on a worldwide basis and company critical transformations such as the Catalyst project. Responsibilities included monthly testing and evaluation of the viability of internal controls with an emphasis on reconciliation review and detection and analysis of possible internal control weaknesses  Performed all general accounting duties related to the Group Headquarters financial reporting.

 Supervised three financial analysts with full responsibility for the supportive living portfolio’s financial reporting (GAAP and tax) and its subsequent consolidation into the parent’s books. (26 properties) Spearheaded communications with internal and external auditors, upper management, outside partners, legal counsel, property staff and analysts on matters ranging from debt refinancing to partner equity buyouts. Conducted management level reviews and final approvals for all separate property audits, reviews and the resulting partnership and corporate tax returns.  Assisted in the successful improvement and further development of the residential group’s accounting controls and procedures made necessary to comply with the Sarbanes-Oxley Act of 2002. Directed cash management, senior management and outside partner of any operating/ non-operating cash surpluses or deficits and scheduled the owner contribution or distribution required.  Approved and signed off on portfolio’s monthly manual journal entries, the year-end balance sheet work papers, the annual budgets and projections, the monthly intercompany reconciliations, the monthly impairment analysis, and the monthly variance to budget/projection analysis.  Researched GAAP and tax accounting issues and implemented appropriate accounting treatments. Example of achievement was the tax/ GAAP timing differences on the realization of the gain per FAS 15 on the forgiveness of debt arising from a troubled debt restructuring.  Mapped the organizational flow chart of the parent-child ownership structure within my portfolio and then helped create the owner shell entities to assist in the SAP system conversion.

 Produced monthly cash flow and variance analysis reports of existing conventional multifamily residences for use by both financial and operational management. Established and maintained monthly reporting for several new apartment developments as they progressed from CIP into completed operating rental properties.  Generated quarterly GAAP and tax financial statements for debt covenant requirements and partners.  Created year-end balance sheet work papers to assist outside auditors with separate property audits, reviews, and tax returns.  Prepared annual budgets and projections for fixed and variable debt service, insurance expense, real estate tax expense, and depreciation expense for both tax and GAAP books. Tracked, funded, and released self-imposed real estate tax reserves, insurance reserves, and replacement reserves escrows.

Bs, Finance

Post Graduate Non-Degree Program, Accounting

General Studies