Eric Solverson Email & Phone Number

Middleton, Wi, Us

Manage team of 4 auditors to complete assigned audits, focusing on IT and CybersecurityImproved the average audit cycle time by 62.5 days, significantly enhancing efficiency with an average client satisfaction score of 3.76 out of 4 during 2023Consulting on third part risk management project and member of the 3rd party risk assessment steering committee

Manage the Internal Audit function including developing and executing the internal audit plan for our United States, Canadian, and Caribbean operations. Including quarterly updates to the Board of Directors on the progress and status of the internal audit function. The team’s goal is to complete 18-21 audit engagements per year.Develop and implement the Company's Enterprise Internal Control Program to support compliance efforts across the organization focused on information security, privacy, and data governance in support of a test once and comply with many assurance framework.Lead a team of 5 direct reports and guide them in executing on their individual development/professional growth as well as achieving the department and company goals through their efforts.Manage the relationship with our external auditor to complete the Company's SOC 2 report and coordinate with our other external auditors to reduce duplicative efforts across audits. In 2021 reduce audit request cycle times by 45 days. Currently managing the completion of around 960 tasks across 5 external audits.Consult on and facilitate reporting for the Company's cybersecurity, data governance, financial reporting, and third-party management enterprise riskLead effort to consult and build company's governance framework for Artificial Intelligence and Big Data usage, including controls related to unintended bias.

Madison, Wisconsin Area

Responsible for establishing formal processes to ensure that key risks are effectively managed by internal controls. Key Activities include:Develop and maintain the Enterprise Internal Control Program (EICP).Provide formal governance, oversight and expectations for the EICP.Facilitate and coordinate operational risk activities across the enterprise.Coordinate the planning and execution of management’s self-assessment of control effectivenessCoordinate external audits and/or exam reviews of the EICP and its controlsSupport control process implementation and effectiveness by standardizing processes and consolidating control objectives and controls to simplify and rationalize the control environment.Advise risk oversight and business functions and control owners to ensure key risks and controls are addressed, and in compliance with the Enterprise Internal Control program.Recommend internal control improvements and track resolution.Encourage the use of technology to enhance the control environment, processes and controls.Communicate critical information by conveying that information clearly, accurately, honestly and concisely in accordance with company and department policies and procedures.

Madison, Wisconsin Area

Simplify decision-making across the company through the development and sharing of smart guidelines related to policies, ethics, delegations of authority, and risk tolerance.Ensure consistency and discipline related to risk management across the Company through the development and sharing of insight and reporting related to operational, strategic, market and product risks.Manage risk-based audits and consulting engagements to assure the effectiveness of our risk-reducing activities through objective evaluations and reporting with insight and clearly articulated guidance.Consult with IT to help the department improve its control environment with a focus on a clean SOC 1, SOC 2, and financial statement audit.Consult with our retirement plan services line of business to help strengthen and improve its control environment with a focus on fraud mitigation.Drive and consult on the following initiatives to help Governance, Risk & Assurance and the Company build and mature the following capabilities: audit analytics, horizontal audit, fraud governance, and cyber security compliance.

Madison, Wisconsin Area

Create, implement, and manage governance programs for the company’s anti-money laundering, OFAC, unclaimed property, third-party administrator oversight, and anti-fraud corporate compliance programs.Formally document the company’s three lines of defense framework helping to identify any gaps.Completed company’s Six Sigma Green Belt certification program by finishing a green belt project to improve the effectiveness and efficiency of the company’s IT general controls testing program saving the department around 800 hours of work. This included training in Lean, Six Sigma, and Agile methodologies.Serve as a lead for company’s young professionals employee resource group as part of the company’s diversity and inclusion initiative.

Madison, Wisconsin

Managed audits of various functions of the company; evaluating risks, assessing internal controls, and determining the effectiveness and efficiency of the function’s processesLed our company's Model Audit Rule (MAR) compliance program by identifying financially significant controls and leading the team that performs testing over the controls identified; including managing two interns.Consulted with business units to help research and identify best practices for well controlled, compliant processes.Led our company's initial control mapping exercise to identify any gaps in the company's control framework as compared to COSO 2013 guidance.Provided coaching and mentoring to staff auditors and interns.

Madison, Wisconsin

Participated in audits of various functions of the company assessing the effectiveness of function’s processes, evaluating risks, and assessing internal controls.Assisted on a special project to help senior management better understand operations and controls around the accounting function of the company’s brokerage unit. The team that worked on this project won the Finance Excellence Team Award.Helped facilitate the company's external audit through performance of direct assist work for the company's external auditors.Performed testing of internal controls and procedures to ensure compliance with company policies and procedures, laws, and regulations.

Deerfield, Il

Participated on 75 different audit, compilation, and review clients from the healthcare, financial services, manufacturing, and non-profit industries.Completed multiple audit tasks including: inventory price testing, lease schedules, payroll analysis, delivery and acceptance testing, general ledger completeness testing, and journal entry testing.Performed other duties including: footnote preparation and review, entering client activity into accounting software, prepared master files, and set up new clients in accounting software.Developed communication and client relationship skills working with owner/operators, CEOs, and CFOs.

Rockford, Illinois Area

Was responsible for prioritizing maintenance projects and timely completion of said projects.Worked with multiple day camps organizing areas that were being used and made sure the camps had everything they needed for the day.Oversaw and ran multiple volunteer events with up to 70 participants allowing me to develop creativity.Supervised seven employees in daily maintenance tasks.

Deerfield, Il

Participated on 75 different audit, compilation, and review clients from the healthcare, financial services, manufacturing, and non-profit industries.Completed multiple audit tasks including: inventory price testing, lease schedules, payroll analysis, delivery and acceptance testing, general ledger completeness testing, and journal entry testing.Performed other duties including: footnote preparation and review, entering client activity into accounting software, prepared master files, and set up new clients in accounting software.Developed communication and client relationship skills working with owner/operators, CEOs, and CFOs.

Libertyville, Il

Met with clients that had investable assets between $100.00 and $200,000.Helped clients develop sound financial plans.Worked with other representatives to help them build plans for their clients.Developed communication skills by talking and working with multiple clients every day.

Belvidere, Il

Developed and Implemented major change to assembly of Dodge and Jeep vehicles, resulting in substantial cost savings and time efficiencies.Developed troubleshooting and problem solving skills by finding more efficient ways to perform tasks.Trained four employees to perform assembly line tasks helping me to develop patience.Worked in a fast paced environment as vehicles passed through the work station every 42 seconds.Performed at 95-100% job efficiency based on mathematical computer assessment.

Masters Of Science, Data Analytics

Masters Of Science, Accounting

Activities and Societies: Student Accountancy Society

Bachelor Of Science, Finance

Activities and Societies: Champaign County Humane Society