Eric Feld Email & Phone Number

Providing advisory services to clients in the areas of finance and accounting. Areas of specialization include planning, transaction due diligence, financial accounting and reporting, KPI's and performance management.Currently working with Surgical Centers, ENT and Orthopedic ClinicsProjects include: revenue recognition analysis, year-end audit assistance and M&A projectsRecently converted clients accounting systems from Quick Books to Sage Intacct. This included developing dashboards to help drive profitability.

St Louis Park, Minnesota, Us

Minneapolis, Mn, Us

Led Finance, Revenue Cycle, Payroll, IT and Legal Services. Developed and implemented strategies that improved operations and profitability. • Led preparation and analysis of monthly, quarterly, and annual financial statements. Drove ERP systems implementation, prepared budgets and forecasts and ensured overall audit process quality. Participated in quality of earnings reviews in anticipation of a potential sale.• Reduced AR by 33% by developing staff to improve follow-up and implementing a robust collection process.• Reduced business insurance expense by 50% by eliminating redundant policies and correcting the amount of coverage.• Rolled out 2018 employee benefit package improving the quality of benefits provided while controlling cost.

Eden Prairie, Mn, Us

Led Accounting, Finance, Benefits, IT and Legal Services at All American Hearing, Starkey’s Retail Division.• Improved clinic operations by leading a cross-functional team to drive an ERP system implementation that improved sales reporting and revenue cycle, reduced inventory shrink and cash shortages. Coached Starkey Retail leaders in other countries on how to roll out these programs.• Developed the company’s retail budget system, including capital and long-range planning. • Worked with operations to improve the acquisition process reducing the cost to convert a Starkey customer to a company owned clinic.• Implemented changes in benefits to reduce cost while staying competitive in attracting Audiologist and Office staff.

Eden Prairie, Mn, Us

Directed the financial planning and analysis for five regional food chains (including Cub Foods). Coached staff on how to increase productivity allowing a 20% reduction in headcount in the first six months. Created forecasting components of revenue recognition each month allowing for more accurate financial projections and cash flow expectations.

Eden Prairie, Mn, Us

Hired and developed staff to rollout new Store Audit Program to 1,300 stores. New program reduced cash shortages by 73% ($2.2 million), insurance expense by $2.3 million and shrink by 4.2% ($33.1 million).Implemented a monthly risk assessment to focus audit resources. This tool focused on shrink and other key performance indicators to determine the greatest opportunities for improving store performance.

Eden Prairie, Mn, Us

Developed and rolled out new Gross Profit and Inventory Control Program. New system enhanced shrink measurements by allowing the users to track out-of-cycle invoices and to capture all markdowns at the register. Led a cross functional team that automated the DSD receiving system. This reduced the time to receive goods and automated the payment process to vendors allowing for a 70% reduction in AP staff.