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A financial leader with broad and diverse experience in areas of Finance and Accounting with an extensive background in analyzing, developing and implementing programs and initiatives that drive top line sales and significantly increase profitability. Experience spans privately and publically held companies in healthcare, retail, and services.Known for incisive business acumen and the ability to work with data, leading to innovative improvements that maximize cash flows and contain expenses. Consistently successful in driving ERP implementations, leading M&A due diligence, and designing financial controls. Senior leaders seek advice on business process improvement strategies, understanding finance and controlling expenses.A leader with a passion for mentoring, coaching, and developing staff to become leaders capable of independently producing financial data and suggestions for improvements.Specialties: Acquisitions and divestitures, financial reporting, financial analysis, audit, budgeting and forecasting, taxation, banking relationships, risk management, cash management, credit and collections, information technology, employee benefits, and process improvement.
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Finance And Business Development ConsultantShorewood Accounting And Finance Sep 2019 - Nov 2024Providing 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.
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Vp Of Finance And ControllerEnt Partners, Llc Oct 2019 - Jul 2024St Louis Park, Minnesota, Us -
Corporate Cfo And ControllerUnited Skin Specialists, Llc Sep 2017 - Nov 2019Minneapolis, Mn, UsLed 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. -
Retail Cfo And ControllerStarkey Labs Mar 2011 - Sep 2017Eden Prairie, Mn, UsLed 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. -
Director Of Finance, Specialty RetailSupervalu Apr 2009 - Mar 2011Eden Prairie, Mn, UsDirected 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. -
Director Of Internal AuditSupervalu Apr 2005 - Apr 2009Eden Prairie, Mn, UsHired 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. -
Director Of Gross Profit AccountingSupervalu Mar 1999 - Apr 2005Eden Prairie, Mn, UsDeveloped 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.
Eric Feld Skills
Eric Feld Education Details
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University Of Cincinnati Carl H. Lindner College Of BusinessAccounting
Frequently Asked Questions about Eric Feld
What is Eric Feld's role at the current company?
Eric Feld's current role is VP of Finance and Controller.
What is Eric Feld's email address?
Eric Feld's email address is er****@****ing.com
What is Eric Feld's direct phone number?
Eric Feld's direct phone number is +195238*****
What schools did Eric Feld attend?
Eric Feld attended University Of Cincinnati Carl H. Lindner College Of Business.
What are some of Eric Feld's interests?
Eric Feld has interest in Running And Camping, Bicycling.
What skills is Eric Feld known for?
Eric Feld has skills like Internal Controls, Financial Modeling, Budgets, Inventory Management, Management, Leadership, Financial Analysis, Strategy, Internal Audit, Accounting, Forecasting, Strategic Planning.
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