Daniel Otto

Daniel Otto Email and Phone Number

President and Chief Financial Officer at D&M Industries @ D&M Industries
moorhead, minnesota, united states
Daniel Otto's Location
Fargo-Moorhead, United States
Daniel Otto's Contact Details

Daniel Otto personal email

n/a
About Daniel Otto

My name is Daniel Otto, and I am a Corporate Accounting and Finance Executive with an extensive corporate finance and accounting background. I started my career at a small electric vehicle manufacturer in Fargo, ND, and today almost two decades later, have built a broad base of experience across multiple market spaces including the construction, manufacturing, agricultural processing, power sports, and automotive sectors. I possess expertise in aligning work and information needs with strategic goals, driving the planning and execution of key programs, and creating a culture of continuous improvement and fiscal discipline to ensure the highest level of integrity and accuracy.As a proven finance leader in positioning companies for change and profitable expansion; I possess deep, broad-based expertise in monthly/quarterly/annual closings, strategic planning, budgeting, forecasting, financial statement preparation, internal control initiatives, risk management, mergers & acquisitions, business case creation and evaluation, and banking relationship management. Over the course of my career, I have garnered recognition as a pragmatic, values-centered, visionary, and collaborative leader in building and improving diverse teams and complex systems that gratify key stakeholders and drive revenue and profit margins in dynamic growth environments. I understand what it takes to create successful, happy, engaged, and customer-focused shared service teams. I have successfully led administrative/accounting teams of more than 15 associates, while developing and maintaining positive stakeholder relationships at all organizational levels.Core Competencies: Strategic Planning & Execution✔Financial Analysis & Reporting✔SEC & GAAP Knowledge✔Mergers & Acquisitions✔Process Improvement✔General Ledger Management✔Valued Strategic Partner✔Cross-Functional Team Leadership✔I'm on LinkedIn to build strong business relationships. Let's connect!

Daniel Otto's Current Company Details
D&M Industries

D&M Industries

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President and Chief Financial Officer at D&M Industries
moorhead, minnesota, united states
Website:
weselldoors.com
Employees:
70
Daniel Otto Work Experience Details
  • D&M Industries
    President And Chief Financial Officer
    D&M Industries Mar 2024 - Present
    Moorhead, Minnesota, United States
  • D&M Industries
    Chief Financial Officer
    D&M Industries Jul 2020 - Mar 2024
    Moorhead, Minnesota, United States
  • Dakota Fence Company
    Chief Financial Officer
    Dakota Fence Company Apr 2018 - Jul 2020
    Fargo, North Dakota, United States
    ► Plays instrumental role in managing all aspects of finance, tax, and IT functions for 250+ employee multi-entity regional specialty trade contractor, wholesaler, and manufacturer. ► Implemented first line-item budget in DFC history for fiscal 2019, along with associated scorecard-based bonus plans. - Efforts resulted in 33% reduction in Q1 off-season losses versus prior year. - Achieved 26% revenue growth in 2019 entity-wide (vs +20% budget target), while reducing overhead expense 3%► Oversees continuous improvement projects; established and developed “work pool” system for allowing staff at multiple branches/locations to share similar tasks and spread out peak load from a single branch location. ► Spearheaded transition from tax-basis financials to GAAP-basis in 2018, with focus on EBITDA. ► Developed sales/use tax compliance and reporting process, and trains staff annually. ► Developed business-level and branch-level financial statements. Created new month-end close procedures, checklist, and communication plan to reduce closing cycle from 30+ days to 5-7 business days. ► Secured PACE funding and New Job Training Program tax credits for sign business manufacturing expansion in late 2019; instrumental in SBA PPP loan process during COVID-19 events in Spring 2020. ► Charged with managing outsourced IT relationship and oversaw technology infrastructure purchases; stabilized new implementation of ERP Software (Vista by Viewpoint) upon arrival. ► Develops and evaluates business cases for new initiatives and business expansion opportunities. ► Prepared audit documents and promptly responded to audit queries for multiple sales & use tax audits. ► Manages financial statement review and annual tax process with CPA firms.
  • Minn-Dak Farmers Cooperative
    Controller
    Minn-Dak Farmers Cooperative Jul 2014 - Apr 2018
    Wahpeton, Nd
    ►Managed 10-person accounting and finance team for $0.4B agricultural cooperative. Oversaw corporate budgeting process, forecasts, and variance analysis; and proactively communicated risks and opportunities.►Involved with applying for and the subsequent tracking & reporting associated with multiple agricultural product marketing grants at the state and federal level (APUC & USDA/VAPG)►Instrumental in overseeing mergers and acquisitions activity surrounding sale of a wholly owned subsidiary yeast plant to a third party, which closed in May 2017.
  • Polaris Industries
    Controller - Small Vehicles Division
    Polaris Industries Jun 2011 - Jul 2014
    ►Managed all aspects of financial reporting and analysis for the $200M Small Vehicles Division. Initiated and coordinated division budgeting and long-range strategic planning processes.►Developed simple and informative financial communications for executives. Evaluated financial information for accuracy, completeness, and consistent application of GAAP.►Created and maintained monthly, weekly, and ad hoc financial reporting. Communicated forecasts, risks, and opportunities to corporate finance and leadership.
  • Chrysler Group Global Electric Motorcars, Llc
    Finance Manager
    Chrysler Group Global Electric Motorcars, Llc Aug 2006 - Jun 2011
    ►Managed personnel responsible for accounts receivable, accounts payable, cash, and payroll. Maintained and updated general ledger, cost center, and other accounting data in SAP. ►Initiated and coordinated annual budgeting process for all departments and subsidiaries. Prepared monthly financial statements and daily/weekly business activity management reports.►Developed and supervised system for timely completion of sales tax reporting requirements in over 30 states, and numerous local jurisdictions by accounts receivable personnel.►Supported mergers & acquisitions activities surrounding Chrysler’s sale of GEM to Polaris
  • Waddell & Reed
    Financial Advisor
    Waddell & Reed Feb 2005 - Aug 2006
    ►Attracted clients through networking, cold calling and referral marketing►Achieved “Pacesetter Award” for outstanding performance in first year – one of 12 in nation►Created and monitored individual and corporate retirement plans

Daniel Otto Skills

Financial Reporting Executive Reporting Reporting And Analysis Sap Ibm As/400 Microsoft Office Budget Forecasts Financial Forecasting Forecasting Budget Process Budget Reconciliation Communication Skills Analysis Strategic Planning Business Strategy Strategic Financial Planning Preparation Of Business Cases Business Case Modelling P&l Responsibility Experience Working With Diverse Populations Work Ethic Works Well With A Team Works Well With People Work Independently With Minimal Supervision Working With Vague Or Incomplete Information Flexibility Adaptability Establishing Priorities Organization And Prioritization Skills Handle Multiple Priorities Accepting Responsibility Motivated By Challenge Ad Hoc Reporting Financial Accounting International Subsidiaries Pricing Strategy Risk Assessment Accounts Receivable Accounts Payable Cash Management General Ledger Sales And Use Tax Compliance

Daniel Otto Education Details

Frequently Asked Questions about Daniel Otto

What company does Daniel Otto work for?

Daniel Otto works for D&m Industries

What is Daniel Otto's role at the current company?

Daniel Otto's current role is President and Chief Financial Officer at D&M Industries.

What is Daniel Otto's email address?

Daniel Otto's email address is do****@****df.coop

What schools did Daniel Otto attend?

Daniel Otto attended University Of Minnesota - Carlson School Of Management, University Of Minnesota - Carlson School Of Management.

What skills is Daniel Otto known for?

Daniel Otto has skills like Financial Reporting, Executive Reporting, Reporting And Analysis, Sap, Ibm As/400, Microsoft Office, Budget Forecasts, Financial Forecasting, Forecasting, Budget Process, Budget Reconciliation, Communication Skills.

Who are Daniel Otto's colleagues?

Daniel Otto's colleagues are Nazem Selman, Carlos Harris Jr, Rick Pflipsen, Thor Grimes, Tom Mullin, Steve Peck, David Tinjum.

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