Erick Olson Email & Phone Number

• Key Accomplishments:
• Worked to get multiple teams to agree on moving to one customer service management process (on-line process). This will allow for better tracking of how employees are accomplishing their goals related to customer.
• By changing around team responsibilities and advocating for a change in SLA’s, was able to create additional capacity on my team. This capacity will be filled with work brought over from another team, allowing that.
• Lead and manage a team of associates and financial analyst to provide financial processing services to Best Buy for Business (BBfB) and its external commercial customers. Work with BBfB sales personnel to support their.
• Set goals for the department and individual contributors. Tracking these goals related to receivable aging, sales processing, bad debt, and customer service management. Mid-year and yearly performance reviews performed.
• Updating AR Cash Application policies and procedure. Ensuring all direct contributors roles have trained backup and that documented SOP’s are up-to-date and on file.

• Key Accomplishments:
• Key team member to bring AppleCare warranty sales to Best Buy stores and Bestbuy.com. Developed commission models for paying partners at Apple and tested those models. Worked with the integration team on transaction.
• Successfully launched AppleCare sales and ensured payments to Apple for their commissions were accurate and all associated transactions and reporting were timely and cross checked to the Accounts Payable system.
• Lead UAT for the Marketplace upgrade on Bestbuy.com. This entailed proposing scenarios, mapping test scripts, validating results, and logging defects.
• Worked cross-functionally overseeing contract programmer’s work on modifying and improving on reporting and analytics to better meet internal and external needs.
• Wrote new business architecture flows; including commissions, payments, charge backs, disputes.

• Key Accomplishments:
• Key player in new IP royalty tracking and reconciling process. This led to more accurate reimbursements and saved Best Buy from paying for licenses they should have been reimbursed for from vendors.
• Developed new reporting to better compare forecast and actual results.
• Created an improved allocation tool for more accurate distribution of SG&A.
• Created SOPs for the position where none existed before.
• Detailed and mapped the transaction flow of complex journal entries to assist in understanding the implications that could result from changes. Also developed a journal entry number methodology to better keep track of.

• Key Accomplishments:
• Took the lead on correcting a new electronic funds transfer procedure, which is used to pay a large number of Best Buy’s vendors.
• Reduced unaccounted invoices by working closely with business partners on the non-merch team who oversee outsourcing in India.
• Responsible for implementing a new general ledger account for wire transfers, which helped to streamline account reconciliations for both Accounts Payable and banking.
• Streamlined my work process using Excel knowledge and efficiencies in order to take on 40% more account reconciliations than I started the position with.
• Made a business case for new custom reporting to support employee expense report tracking. Wrote the proposal, received approval for funding, and I am currently working with the company hired on design.

• Key Accomplishments:
• Brought the department through a difficult transition period were half the staff left the company in a short period.
• Training a replacement for my previous position while still maintaining the high standards and tight schedule of the department.
• Training three temporary hires to fill in as Accounts Payable Clerks.
• Project Lead for transitioning Accounts Payable to an electronically scanned database of invoices.Primary Responsibilities:
• Supervise a staff of 6 AP Clerks with responsibility for hiring, reviews, terminations.

• Key Accomplishments:
• Sole person responsible for entire implementation of the procedure for taking inventory of aggregates; this included researching equipment, setting up demonstrations for the VP of Finance, learning how to use the.
• Reduced year-end inventory write-off of aggregates by $1M through tighter control and regular inventories.
• Identified unprofitable mining location through my analysis and was key in the decision to shut it down.Primary Responsibilities:
• Perform the monthly close for all aggregate locations (Cost of Goods Sold, inter-co sales, production updating).
• Monthly preparation of royalty payments and quarterly preparation of aggregate tax returns.

• Key Accomplishments:
• Lead analyst overseeing the integration of a new plant opened in Mexico.
• Updated the financial package to better utilize SAP reports.
• Reduced the time required for Work-in-Process analysis by utilizing advanced Excel spreadsheets.Primary Responsibilities:
• Performing cost rollups on material, costing sales orders, closing tooling orders.
• Lower of Cost or Market analysis for WIP inventory, booking inventory changes, calculating variances, settling orders.

• Key Accomplishments:
• Oversaw the conversion of revenue recognition method from German Accounting to a GAAP procedure (from milestones to percentage of completion). This was part of Siemens worldwide change in order to list on the NYSE.
• Streamlined revenue recognition by utilizing macros/pivot tables in Excel.
• Key team member in the reduction of the close schedule by one day.Primary Responsibilities:
• Formulate and post monthly journal entries including revenue recognition, COS, foreign bank accounts, and write-offs.
• Financial controller for the operations group (indirect spending); this includes signature authorizing purchase orders, expense reports, reviewing budgets, and meeting with department managers.

• Key Accomplishments:
• Secured emergency funding to repair hurricane damage at a base in Tampa, Florida.
• Successfully requested and advocated for reprogramming of funds to support base education program.
• Team member of the AMC 1997 Financial Office of the Year.Primary Responsibilities:
• Posting annual and quarterly funding targets for the squadrons of the 375th Airlift Wing.
• Ensure proper posting of charges and prevention of misappropriation of funds.

Mba, Finance

GPA 3.93/4.0

Bsb, Finance, Marketing

GPA 3.67/4.0