Kelly Olson

Kelly Olson Email and Phone Number

Chief Financial Officer, CPA & CMA @ Ascentek
Kelly Olson's Location
Greater Minneapolis-St. Paul Area, United States, United States
About Kelly Olson

Experienced finance leader with 25+ years of leadership in the development of strategy, delivering on financial commitments, financial negotiations and driving business transformations. Diverse background includes: • Successful financial leadership across multiple manufacturing and service industries, for publicly held, private, and ESOP companies, ranging from $200M to $2.3B. • Partnership with CEO and business leadership to drive results,• Strategic development and execution of business reorganizations and transformations,• Held lead roles in several successful mergers, acquisitions, and divestiture transactions,• Built accounting and finance functions from ground zero, • Helped lead company-wide employee engagement and recognition efforts,• Experienced leadership with diverse finance, accounting, treasury, regulatory, operations, tax, and IT teams, including: o Strategic Financial Planning & Analysis and Management Reporting o Financial close, General Accounting, Accounting Operations o Manufacturing operations, including lean best practices and procuremento Internal control governance (SOX), and o External financial filings with the SEC (10-Q, 10-K), IRS, Department of Labor, Banks, etc.

Kelly Olson's Current Company Details
Ascentek

Ascentek

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Chief Financial Officer, CPA & CMA
Kelly Olson Work Experience Details
  • Ascentek
    Chief Financial Officer
    Ascentek Dec 2021 - Present
    Ascentek, LLC is a family owned manufacturing, distribution, and service company in North America and overseas. They're the largest producer of 2-cycle engine oil in North America, #1 solutions provider in the Midwest for Vehicle Wash Solutions, and serves over 9K customers across all divisions. I lead our Finance, Accounting, Treasury, Tax, finance operations, Legal, and IT (infrastructure, business applications, and data security) functional areas. Direct reports include: Corporate Controller, Sr. Director of FP&A, Director of Finance Operations, Treasury, General Counsel and Sr Risk Management leader, and CIO.
  • Cambria
    Evp, Chief Financial Officer
    Cambria Feb 2021 - Nov 2021
    Eden Prairie, Mn, Us
    Cambria Enterprise is a privately-held company that manufactures and services quartz surfaces (countertops, tiles, vertical applications, furniture, and other retail products). Cambria Enterprise has a state-of-the art manufacturing facility, fabrication operations, installation centers, distribution centers, and many showroom and design centers throughout the United States. Leadership of several functional areas that include: Accounting, FP&A, Order-to-Cash, Procure-to-Pay, Business Transformation Office, Tax, and IT. Direct reports include: CIO, SVP Corporate Controller, VP FP&A, and the Senior Director of Business Transformation. Member of the Investment Committee.
  • H2I Group, Inc.
    Treasurer Of The Board And Esop Administrator
    H2I Group, Inc. Aug 2020 - Feb 2021
    Minneapolis, Minnesota, Us
  • H2I Group, Inc.
    Chief Financial Officer
    H2I Group, Inc. Apr 2020 - Feb 2021
    Minneapolis, Minnesota, Us
    A 100% employee-owned (ESOP) company, providing design/project management services and product for specialty construction sectors that include: healthcare, government, education, and athletic facilities. A 95+ year old company experiencing rapid revenue growth through acquisitions and organically, with locations across the United States. Chief Financial Officer, Treasurer of the Board, and ESOP Administrator - Transforming all accounting and financing functions to support recent and future company growth. Building team of increased expertise and enhancing foundational operations. Oversight of: External Financial Reporting and Compliance, General Accounting, FP&A, Management Reporting, Tax, Treasury, Finance Operations, and Real Estate.
  • Taylor Corporation
    Vp Finance, Cfo Of Enterprise Group
    Taylor Corporation Sep 2019 - Apr 2020
    North Mankato, Mn, Us
    Finance leader for the newly established $0.9B business unit with full financial statement responsibilities. Leading a team with 6 direct reports and 160+ indirect associates in accounting/finance roles. Partnering with the segment President to improve profitability, process, and controls, with focus on accelerating profitability through operational excellence, process centralization/integration, and organizational infrastructure.
  • Taylor Corporation
    Vice President Of Finance, Operations
    Taylor Corporation Jun 2019 - Sep 2019
    North Mankato, Mn, Us
    Strategic business partner with the Chief Operating Officer to drive operational excellence and business growth through the creation of a centralized operations organization and creation of a growth platform. Ensure accounting adherence to GAAP, create and institutionalize KPI's, enable improved analytics, and drive increased business partnership via enabling data-driven decisions and enhanced financial performance. Includes creation of a standard costing system and process which will enable significant improvements in the leveraging of company-wide assets and improvements in operational excellence.
  • Deluxe Corporation
    Vice President, Corporate Controller
    Deluxe Corporation Sep 2015 - May 2019
    Minneapolis, Minnesota, Us
    Strategic business partner to the CEO & CFO that enables and drives business transformation. Owns reporting to the Board of Directors and Audit Committee. A key business partner for the due diligence, and execution of 20-30 acquisitions each year. Internal controls governance owner and management of Public Accounting firm audits. Significant contributor for cost savings through increased leverage of shared services and best practices. The functions noted below report to me, which represent 5 direct reports and 80+ indirect FTE’s. • Financial Operations (general accounting, financial close, A/R & A/P (onshore/offshore), management reporting, and management of SOX), • FP&A for Corporate (2015-2017), • FP&A Fulfillment Operations (manufacturing, procurement, logistics, and product engineering, standard costing), and • External Financial Reporting with the Securities and Exchange Commission. o And other select filings including: Form 5500, Conflict Minerals Form SD, Franchise filings, and Australian/ASIC filingsSelect accomplishments are as follows. • Transformation of Corporate Controller role into trusted business partner.• Served as interim CFO of largest business segment.• Assists the business segment leadership with complex analysis at request of CEO.• Provided assistance for the successful completion of 20-30 acquisitions each year. • Drive and manage multiple years of company-wide annual cost savings of $50M.• Close the books in 2.5 days, despite 49 separate ERP systems/instances• First to attend newly created 9-month Deluxe Thought Leadership Academy• Successful onboarding of 2 new Board of Directors and new CFO (2017/2018)
  • Deluxe Corporation
    Executive Director, Finance Operations
    Deluxe Corporation Nov 2009 - Sep 2015
    Minneapolis, Minnesota, Us
    Responsible for developing financial strategy for Fulfillment/Operations to ensure footprint optimization, drive a Lean manufacturing organization, identify annual cost savings of $10M-$30M, and assist all business segments in profitability analysis. Scope of role included: $800M+ in controllable COGS, 13 manufacturing operations/plants, $10M-$30M annual cost savings initiatives, and $40M+ inventory. Select accomplishments were as follows. • Managed multiple footprint consolidation projects• Developed new Annual Operating Plan methodology and reporting for Operations• Taught the business segment CFO’s how to analyze their margins & mix• Most frequent recipient of the Deluxe Financial Accuracy Award • Attended Corporate Executive Board’s 1-year long Leadership Academy• Attended Carlson School of Management’s Authentic Leadership Executive workshop
  • Deluxe Corporation
    Director, Finance Shared Services
    Deluxe Corporation Sep 2006 - Oct 2009
    Minneapolis, Minnesota, Us
    Responsible for the strategic planning and management of the Finance Shared Service departments which included Accounting-to-Reporting, Order-to-Cash, Procure-to-Pay, and the Finance Special Projects Office. Direct management of 6 managers, indirect management of an additional 70 supervisors/associates, plus oversight of 60+ FTE’s at our BPO provider in India. Select accomplishments were as follows. • Over $5 million in annual cost reductions (44% reduction in all finance shared services expense, accomplished within 24 months). o Successfully outsourced all transactional-based processes for 4 functions to TCS in Chennai, India in 2007.o Increased shared services footprint by absorbing ATR and OTC functions for remote locations. • Responsible for review/oversight of 34 SOX 404 processes• Held the Chair position for the Deluxe Finance People Council • CFO Executive Board member for Finance Shared Services.
  • Deluxe Corporation
    Senior Manager, Accounting To Reporting
    Deluxe Corporation Jun 2005 - Sep 2006
    Minneapolis, Minnesota, Us
    Responsible for the strategic planning and management of the General Accounting and Financial Reporting Systems departments within Deluxe Shared Services. Direct management of 3 managers in addition to indirect management of 9 accountants and systems analysts. Select accomplishments were as follows. • Removed 2 days from the financial close process (from 4.5 to 2.5 days)• Created a company-wide quality of earnings reporting and process.
  • Capella Education Company
    Corporate Controller
    Capella Education Company 2003 - 2005
    Responsible for the development, strategic direction and management of all accounting, internal and external reporting, select compliance and company-wide internal control structure. Specific responsibilities and accomplishments were as follows.• Successful filing of Initial Public Offering document (Form S-1) with the SEC. • Represented Company during sessions with underwriters and legal counsel during the filing process. • Implemented Sarbanes-Oxley Section 404 program. • Developed management certification processes for Sarbanes-Oxley Sections 302 & 906. • Developed public company reporting plan for initial filing of the Form 10-Q. • Representative at all Audit Committee and Board of Directors meetings and presentations at select Company-wide meetings.• Responsible for all external audits (financial, benefits, compliance).• More than tripled the size of staff to create a public company accounting and reporting department.
  • Us Bank
    Sec Reporting Manager
    Us Bank 2002 - 2003
    Minneapolis, Mn, Us
    Responsible for the planning, compilation and review of all Form 10-Q, 10-K, and 8-K filings for U.S. Bancorp. Specific responsibilities and accomplishments were as follows.• Assisted in the development of new CEO/CFO certification process and senior management sub-certification process.• Assisted in successful response to SEC comment letters and execution of deliverables related to SEC filings completed by predecessor.• Successful completion of a two-day SEC Accounting & Financial Reporting course in Boston.• Successful completion of a two-day Form 10-K: Step-by-Step course in Boston.
  • Ecolab
    Finance Manager
    Ecolab 1998 - 2002
    St. Paul, Mn, Us
    Interim division Controller. Responsible for all finance and accounting functions including: adherence to GAAP; FP&A; the monthly close process; all aspects of the annual and mid-year review planning processes; acquisition analysis; capital investment analysis; and new product ventures. Select accomplishments were as follows. • Received Ecolab’s CEO Award in 2000 (stock award for high performance).• Reduced two days from the monthly close process.• Successful participation on Pricing Task Force team which included competitive analysis and product positioning strategies.• Successful participation on Corporate R/V/M Task Force.
  • Gmac-Rfc
    Financial Analyst
    Gmac-Rfc 1997 - 1998
    Partnered with Distribution and Trading department to provide analysis on mortgage backed securitizations and whole loan transactions. Responsible for the accurate valuing of $5 billion in MBS collateral and $570 million in Interest Only securities. Analyzed deal structures and market trends to further enhance profitability. Provided monthly write-up and analysis of product profitability through management reporting and supplemental analysis. Partnered with Information Systems personnel to improve the quality and availability of data for financial analysis and reporting.
  • Kpmg Peat Marwick
    Senior Auditor
    Kpmg Peat Marwick 1994 - 1997
    New York, Ny, Us
    Developed and maintained strong client relationships within several financial services and manufacturing companies. Discussed and analyzed industry trends, business issues and financial results with senior management. Analyzed financial statements for accuracy and adherence with GAAP. Developed and performed audit procedures for high-risk assertions. Developed and coordinated the audit plan with internal and external customers. Scheduled and supervised staff and assistant auditors. Assisted in recruiting for assistant auditors at Carlson School of Management.

Kelly Olson Skills

Forecasting Financial Analysis Leadership Process Improvement Finance Management Auditing Financial Reporting Analysis Internal Controls Accounting Cross Functional Team Leadership Executive Management Strategy Operations Management Budgets Sec Filings Acquisition Integration Internal Audit Sarbanes Oxley Act Financial Modeling Strategic Financial Planning Sap Change Management Manufacturing Mergers And Acquisitions Analytical Skills Mergers Cash Management Sarbanes Oxley Strategic Planning Generally Accepted Accounting Principles U.s. Gaap Reporting A/r Management A/r Accounts Payable And Receivable Manufacturing Operations Management Fulfillment Controller Relationship Building Interpersonal Communication Team Building Corporate Finance Managerial Finance Financial Services Consolidation Due Diligence Mergers And Acquisitions Project Management Balance Sheet

Kelly Olson Education Details

  • University Of Minnesota - Carlson School Of Management
    University Of Minnesota - Carlson School Of Management
    Accounting

Frequently Asked Questions about Kelly Olson

What company does Kelly Olson work for?

Kelly Olson works for Ascentek

What is Kelly Olson's role at the current company?

Kelly Olson's current role is Chief Financial Officer, CPA & CMA.

What is Kelly Olson's email address?

Kelly Olson's email address is ko****@****oup.com

What is Kelly Olson's direct phone number?

Kelly Olson's direct phone number is +165149*****

What schools did Kelly Olson attend?

Kelly Olson attended University Of Minnesota - Carlson School Of Management.

What skills is Kelly Olson known for?

Kelly Olson has skills like Forecasting, Financial Analysis, Leadership, Process Improvement, Finance, Management, Auditing, Financial Reporting, Analysis, Internal Controls, Accounting, Cross Functional Team Leadership.

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