Ken Sundstrom

Ken Sundstrom Email and Phone Number

Financial Controller at Zobele Group @ Zobele Group
Ken Sundstrom's Location
Garland, Texas, United States, United States
Ken Sundstrom's Contact Details

Ken Sundstrom phone numbers

About Ken Sundstrom

I am an experienced accounting and finance operations management professional where demonstrated strengths - organizing, planning and problem solving will lead an organization to meet its financial goals by creating an atmosphere of collaboration that creates improvement such as cost savings, as well as mitigating risk. This includes adherence to accounting principles and detailed oversite of accounting functions. My ability to anticipate obstacles typically has me a step ahead in terms of streamlining and optimizing operations. Communication in all business is the key to success and I believe you can never have enough positive collaboration to access, identify, and solve problems. Interfacing with colleagues within all departments day-to-day is crucial; critiquing processes while improving them. I have diverse experience driving strategic solutions, project management, and finance functions that embraces opportunities with a bias toward action. I’ll continually identify opportunities to reduce costs, realize extensive savings, and roll up my sleeves to help make things happen; these attributes make effective contributions to the success of a company. Typically, an Accounting and Finance Operations Manager is in charge of planning, directing and coordinating those functions. It is also important at the same time to work as a team and to encourage others within those departments to share their ideas that has let me make effective decisions.Specialties: Planning, Analysis, Reporting, Asset/Inventory Control, Vendor Management, Cost Analysis & Containment, Budgeting, P&L Management, SAP Financial Accounting Software, BPCS AS400 ERP System.

Ken Sundstrom's Current Company Details
Zobele Group

Zobele Group

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Financial Controller at Zobele Group
Ken Sundstrom Work Experience Details
  • Zobele Group
    Financial Controller
    Zobele Group May 2018 - Present
    Trento, It
  • Sanden International
    Controller
    Sanden International Apr 2011 - Aug 2017
    Wylie, Texas, Us
    • Supervised team of 12 full time accounting staff including General Ledger, Cost Accounting, Accounts Receivable, Accounts Payable, Billing and Planning teams.• Responsible for financial reporting to parent company• Prepared 3-month cash flow forecasts. • Supervised internal control audit based on JSOX• Ensured internal controls were effective by reviewing processes and controls (JSOX)• Experience includes testing and managing large-scale (SAP) software implementation. • SAP Program enhancement to calculate actual Inventory Valuation versus Manual Calculation which stream lined month-end close process by 1 day.• Prepared audit reports using income statement, balance sheet, statement of cash flows, statements of equity and footnotes. • Analyzed reserves, including inventory excess and obsolescence, pension, warranties, medical and workers comp liability.• Updated yearly standard costs, which included developing labor and overhead rates and Bill of Material reviews.• Completed fixed asset audit and retired assets, using consultant to determine Fair Market Value of existing fixed assets. Valuation of excess and obsolete inventory was reduced or eliminated. Fair Market Value was significantly less than historical costs, which resulted in lower property tax liability. Annual savings was $500,000.• Improved linkage between sales forecasting and inventory management for efficient resource planning. Helped reduce bank borrowing by approximately $17 million and reduce excess and obsolete inventory reserve by $1.5M.• Responsible for Year End Audit and 3 Quarterly Review with Outside Auditing firm (KPMG)
  • Sanden International
    Senior Accounting Manager
    Sanden International Apr 2007 - Mar 2011
    Wylie, Texas, Us
    • Supervised staff of 9 full time employees• Responsible for ERP software implementation upgrade.• Used Balance Sheet analysis and elimination of ERP software issues to minimize errors by utilizing ERP SQL query tools.• Reduced the Month End Close Process and Financial Reporting Process and analysis by 50% via SQL query tools.• Reduced bank borrowing by $3 Million, Reduced Bad Debt by $1Million and Improved cash flow through DSO reduction by promoting collaboration between Accounting, Sales, Supply Chain and Warranty departments.• Improved Controls for accounts receivable relating to customer credit limits, pricing errors and shipping errors by developing policies and procedures and system program development. • Developed a control framework to determine financial risks and controls and SOX process flow charts.• Identified and evaluated control deficiencies and developed a risk control matrix.• SOX internal control audit findings went from 4 to 0. • Established accounting standardization to ensure conformity to Generally Accepted Accounting Principles (GAAP) Negative audit findings went from 5 to 0
  • Sanden International
    Cost Accounting Manager
    Sanden International Apr 1990 - Mar 2007
    Wylie, Texas, Us
    • Supervised staff of 3 full time cost accountants• Developed a working relationship with all areas of management including manufacturing, industrial engineering, production engineering, design engineering, and supply chain• Supervised semi- annual internal audit of physical inventory• Supervised fixed asset audit• Prepared cost quotations on new products• Updated standard costs annually, which included developing labor and overhead rates and Bill of Material review

Ken Sundstrom Skills

Forecasting Cost Accounting Internal Controls Business Process Improvement Financial Statements Accounting Budgeting Team Building Management Cross Functional Team Leadership Sarbanes Oxley Act Finance

Ken Sundstrom Education Details

  • University Of North Texas
    University Of North Texas
    Accounting

Frequently Asked Questions about Ken Sundstrom

What company does Ken Sundstrom work for?

Ken Sundstrom works for Zobele Group

What is Ken Sundstrom's role at the current company?

Ken Sundstrom's current role is Financial Controller at Zobele Group.

What is Ken Sundstrom's direct phone number?

Ken Sundstrom's direct phone number is +146985*****

What schools did Ken Sundstrom attend?

Ken Sundstrom attended University Of North Texas.

What skills is Ken Sundstrom known for?

Ken Sundstrom has skills like Forecasting, Cost Accounting, Internal Controls, Business Process Improvement, Financial Statements, Accounting, Budgeting, Team Building, Management, Cross Functional Team Leadership, Sarbanes Oxley Act, Finance.

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