Daniel Otto Email & Phone Number

Moorhead, Minnesota, United States

Moorhead, Minnesota, United States

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.

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.

►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.

►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

►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

Bachelor'S Degree, Accounting

Bachelor'S Degree, Accounting, 4.0