Ed Eckelhoff Email & Phone Number

Denver, Co

Interface with operational, functional and technical resources to understand business requirements, processes, systems and goals. Design and implement systems and processes that best fit business needs within the overall IT strategy of the company.

Denver, Co

Lead Analyst on large scale Procure to Pay (P2P) Transformation project. Implementing a new Procure to Pay platform for 12 Operating Companies with $2 Billion in revenue. Processes covered in the project include sourcing/requisition/purchase order process as well as AP Automation, expense managment and process improvement. Review , understand document existing processes and recommend system enhancements and process improvements.Document business requirements and act as a liaison between Finance/Operations and IT for systems enhancements and implementations..Design and propose business processes for Procurement/Sourcing and Accounts Payable to improve efficiency, accuracy and spend visibility.Implement new Finance systems and processes working with PMO group, IT and Finance.

Denver, Co

▪ Manage the Accounting Operations team, Finance Systems team and Shared Services Accounting team for a 400+ employee company.▪ Own and manage the day to day operations of the Finance department including: Billing, Accounts Payable, Accounts Receivable, Offshore Accounting processing, Cash Applications, Working Capital and other Operational support for four independent companies.▪ Review and approve reconciliations, journal entries as well as monthly/yearly reports. ▪ Identify areas for process improvements and make changes as necessary to improve operations and reporting as needed▪ Manage and troubleshoot the financial systems, identify and implement new systems and project manage changes with the IT department as needed to support the company. Financial systems managed include: ERP System (Microsoft Dynamics), expense reporting system (Nexonia), workflow systems, forecasting and reporting.▪ Create and maintain reporting for budgeting and forecasting, general ledger reconciliations, client reporting as well as SOX compliance.▪ Oversee the month end/year end close processes for multiple areas of responsibility.▪ Provide weekly and monthly reporting to parent company including working capital, cash collections, forecasting and client profitability as well as financial reporting.Accomplishments Include:〓 Established a Shared Services Processing Center for multiple companies〓 Implemented an automated Workflow and Imaging System〓 Converted a paper expense reporting process into an online/mobile Expense reporting system for thecompany〓 Successfully outsourced transactional accounting functions to an offshore team〓 Implemented a corporate travel agent system〓 Converted and consolidated multiple companies to single accounting platform〓 Automated banking function for Accounts Payable and Accounts Receivable〓 Created a client P&L model for the company

Greater Denver Area

Manage the Accounts Payable team of 26 people including Accounts Payables Operations, General Ledger account reconciliation team, Accounts payable reporting group, Purchased Accounts Receivable (PAR) process, and electronic payment process.-Automate processes in order to streamline operations and acheive cost savings through efficiency gains.Provide leadership and support for the team to ensure processes and procedures are followed and in compliance with SOX, GAAP and internal controls while maintaining a high level of productivity and accuracy.Partner with other departments including Procurement, Treasury, Corporate Accounting, FP&A and others to provide support for system changes to and reporting needs to help meet financial and operational goals.Analyze and report on all Accounts Payable data from multiple Accounting Systems, databases and reporting tools including cash flow reporting.Coordinate internal and external audits of Accounts Payable and other financial processes. Implement changes to financial systems and processes to improve financial controls and efficiency.Responsible for all Sarbanes-Oxley compliance including process documentation, testing and controls.Lead group responsible for General Ledger account reconciliations and flux analysis for Accounts Payable, Payroll and bank accounts. Research and correct causes of errors on reconciliations through system and process analysis.Manage the process for electronic payments including wire transfers, EFT/ACH payments, credit cards and E-Payables.

 Provide standard and ad hoc reporting and analysis on Accounts Payable and disbursements data from five different accounting/ ERP systems. Design and develop new methods of forecasting payment data, analyzing vendor payment terms and optimizing cash flows. Create metrics and benchmarks to measure and report on departmental and corporate wide performance. Use multiple reporting and querying tools to consolidate and analyze data. Manage and maintain a Procurement Card program Provide financial systems analysis and information for internal and external auditors. Manage and maintain budgets for two departments including planning and forecasting of expenses and reporting on actual versus forecast results. Investigate and resolve budget discrepancies and make recommendations on appropriate departmental expenditures and cost controls. Assist in the preparation of annual operating plans and report on department's financial and operational performance. Participate on special projects and act as a departmental representative and subject matter expert as required.Accomplishments Include: Developed a single set of Key Performance Indicators (KPI's) which track monthly departmental performance from multiple accounting and operational data sources. Created a process for reporting large expenditures before payments are made to allow for Executive and Senior Management review and approval. Created a database which housed data from multiple accounting systems to track and report on targeted accounts to monitor progress of new cost control measures. Analyzed corporate-wide spend data to provide senior management with information needed to change days payable outstanding and other key financial targets for the company

Manage all aspects of the corporate credit card (Purchasing Card) program including new Cardholder training, systems/database maintenance, documentation of processes, policies and procedures, measurement of policy compliance and generating all reporting for the program. Design and implement new programs to streamline accounting processes. Manage projects as required. Create, document and revise corporate accounting and expense policies and processes. Design internal controls and metrics to measure and evaluate compliance with policies. Develop and distribute management reports. Prepare business cases for new programs/ processes.Accomplishments Include: Managed the development and implementation of an online approval and reporting system for Purchasing Cardholders and Managers.Developed an audit program to monitor Purchasing Card usage, enforce policy, report exceptions and eliminate fraudulent use of company funds.Created an automated process for booking charges made on credit cards to the General Ledger.

Coordinated all logistics and operational issues involved with the fulfillment of contract sales orders for commercial construction projects.Determined required materials, supplies and labor for projects and procured materials from multiple factories and distributors based on customer needs and project budgets. Scheduled, expedited and coordinated vendor deliveries with in-house labor requirements and customers' delivery requests. Provided customer service and acted as a point of contact for client inquiries for all aspects of projects. Monitored projects to ensure compliance with terms and conditions of contracts. Developed a shop-time scheduling system, which resulted in cost savings by using labor more efficiently and reducing overtime. The system also resulted in decreased lead-times for customers.

M.B.A, Finance And Accounting

B.A, Environmental Sciences