Mark J. Edstrom, Cpa

Mark J. Edstrom, Cpa Email and Phone Number

Senior Consultant | Fractional Controller @ Fairlead Advisors LLC
Denver, CO, US
Mark J. Edstrom, Cpa's Location
Denver Metropolitan Area, United States, United States
Mark J. Edstrom, Cpa's Contact Details
About Mark J. Edstrom, Cpa

I am a hands-on Controller, SEC Reporting Director or Accounting Director who is known for building and motivating teams to deliver accurate, relevant financial data on tight deadlines. One of my strengths is collaborating with international teams. I spent four years in Europe as an expatriate, establishing the finance staffing and processes for a start-up entity.My wide industry and public accounting experience at KPMG LLP allows me to improve broken processes, and I have remediated several significant and material SOX deficiencies over the years at both domestic and foreign locations and reduced errors and audit adjustments. If you are looking at acquisitions, I have experience at several billion-dollar companies working on due diligence teams, planning integrations and completing business combination accounting and related reporting such as pro forma statements.If you need to implement complex new accounting standards such as revenue recognition or leasing, I led the process to implement the new ASC 606 revenue recognition standard at a global manufacturing company. I thrive in rapidly changing environments. I have managed through and remained effective in game-changing situations such as bankruptcy reorganization, headquarters relocation, and many acquisitions and divestitures.I am knowledgeable applying all aspects of SEC public company reporting requirements and highly skilled at technical accounting research and driving month end close and quarterly reporting processes. I can anticipate and guide your organization through complex change while minimizing your financial and reporting risk.My areas of expertise include:SEC Financial Reporting | SOX Compliance | Technical U.S. GAAP | Team Leadership | Project Management | SAP | Blackline | JD Edwards | Consolidations | Forecasting | Monthly close | Internal controls | Financial analysis | M&A Integration | Functional Start-Up | Debt Compliance | International Operations | Cash Management | Workiva | Financial Statement AuditsContact: MJEDSTROM@MSN.com

Mark J. Edstrom, Cpa's Current Company Details
Fairlead Advisors LLC

Fairlead Advisors Llc

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Senior Consultant | Fractional Controller
Denver, CO, US
Mark J. Edstrom, Cpa Work Experience Details
  • Fairlead Advisors Llc
    Senior Consultant | Fractional Controller
    Fairlead Advisors Llc
    Denver, Co, Us
  • Fairlead Advisors Llc
    Senior Consultant | Fractional Controller
    Fairlead Advisors Llc Nov 2024 - Present
    Houston, Texas, Us
  • Korn Ferry
    Finance Accounting Consultant | Sec Reporting
    Korn Ferry Jul 2024 - Oct 2024
    Los Angeles, Ca, Us
    Interim role focused on preparation and review of SEC Form 10-K and proxy statement at a food distribution and grocery company. I was able to seamlessly step in to fill a vacant position at year end and contributed to on time filing of Form 10-K.
  • Red Rock Biofuels Project
    Director Of Accounting | Renewable Energy | Start Up
    Red Rock Biofuels Project Jun 2021 - Dec 2023
    Red Rock Biofuels was a start-up construction-phase biofuels company developing a woody biomass biofuels refinery in Oregon. The project was in a debt restructuring and capital raising phase since 2021 and was ultimately foreclosed on by creditors in April 2023.Directed all back-office operations including financial reporting, annual audits, accounts payable, human resources, and payroll through a period of significant management turnover and staff downsizing due to debt default and foreclosure.
  • Gwg Holdings, Inc.
    Finance Accounting Consultant | Sec Reporting | Technical Accounting | Financial Services
    Gwg Holdings, Inc. Jan 2019 - May 2021
    Interim consultant assisting Chief Accounting Officer with preparation and review of SEC Forms 10-K and Form 10-Q, XBRL review, technical accounting research, white paper preparation, and other advisory services for over two years. In this assignment I prepared in excess of 40 white papers on topics such as business combinations, equity method accounting, debt restructuring, variable interest entities, leases, debt and equity financing, segments, SEC regulations, control deficiency evaluations, carve-outs, spin-offs, stock compensation, step acquisitions, and others. Assignment through Scouts Talent.
  • Tennant Company
    Senior Manager Accounting | Corporate Accounting | Sec Reporting | Manufacturing
    Tennant Company Sep 2014 - Jun 2018
    Eden Prairie, Mn, Us
    Publicly-traded $1 billion manufacturer of industrial and commercial floor scrubbers and sweepers with manufacturing facilities in six countries.Directed global SEC reporting process and a corporate accounting staff of four direct reports. Responsible for monthly close process in SAP, technical US GAAP, accounting policies, audit management and SOX process controls over financial reporting. • Managed implementation of Blackline account reconciliation software within budget, streamlining 100+ reconciliations.• Directed successful remediation of significant control deficiencies in a foreign location.• Led global project to implement new ASC 606 revenue recognition accounting standard in accordance with regulatory deadlines.• Participated as key member of team that completed business combination accounting, IFRS conversion and public debt offering for a $350M foreign acquisition with over 20 subsidiaries, as well as two smaller acquisitions within a twelve-month period.
  • Advanced Bioenergy, Llc
    Corporate Controller | Renewable Energy | Ethanol Production
    Advanced Bioenergy, Llc Apr 2011 - Mar 2013
    Us
    Publicly-held ethanol producer in a commodity-based industry with annual revenues of $500 million.Led the finance back-office including hands-on SEC reporting preparation and filing (10-K, 10-Q, Proxy and comment letters), A/P, A/R, payroll, Sarbanes-Oxley compliance, monthly close, annual audits, insurance administration, and tax compliance. Managed five direct reports with oversight of three plants until largest plant sold in 2013.• Implemented XBRL reporting to comply with new SEC regulations.• Teamed with Operations to implement new maintenance management software that improved maintenance staff productivity, standardized platforms and streamlined the purchasing process.
  • Bemis Company Inc.
    Manager Of Financial Planning And Analysis | Flexible Packaging
    Bemis Company Inc. Aug 2007 - Feb 2011
    Zurich, -, Ch
    Publicly-traded manufacturer of flexible packaging with revenues of $5 billion.Directed the annual global planning process (20 business units plus corporate admin departments), researched technical US GAAP, performed financial analysis for CFO, and operated as key member of due diligence team on a $1.2 billion acquisition which involved carve-out financial statements.• Directed purchase accounting for four foreign business units on a short deadline, including extensive collaboration with foreign finance staff, to meet regulatory deadlines for an acquisition that closed at quarter end.• Contributed to development of post-acquisition integration road map, modelling, and forecasts.
  • Nrg Energy, Inc.
    Regional Controller | Energy Generation And Distribution
    Nrg Energy, Inc. Apr 2003 - Jul 2007
    Houston, Texas, Us
    U.S. Non_Generation DivisionPromoted to Controller of division encompassing 21 projects including industrial and retail steam production and distribution, wholesale electricity production and trading, landfill gas energy production and municipal solid waste processing. Led the accounting function including monthly close, reconciliation review, internal reporting and variance analysis, Sarbanes-Oxley compliance, budgeting, and three annual stand-alone audits. Managed five direct reports with dotted lines to seven plant controllers.• Implemented numerous process improvements during a period of significant company-wide change and staff turnover due to parent company bankruptcy and headquarters relocation.• Conducted financial due diligence for another division on an $200 million acquisition target and prepared staffing plan for integration after close date.
  • Nrg Energy, Inc.
    International Accounting Manager
    Nrg Energy, Inc. Sep 2000 - Apr 2003
    Houston, Texas, Us
    Directed monthly consolidation and close process for NRG’s $0.8 billion International segment including currency revaluations, eliminations, tax provisions and reporting for dozens of foreign subsidiaries in JD Edwards ledger. Cooperated with European joint venture partners during due diligence, acquisition and transition phases of energy project development. Supervised activities of four accountants, with oversight of eight foreign controllers.• Managed the transition or creation of accounting functions for several newly acquired European power projects that resulted in accurate consolidation on corporate timelines.• Directed or performed financial and accounting due diligence on numerous acquisition targets that contributed to accurate analysis of projected returns and earnings per share.
  • Nrg Energy, Inc.
    Finance Director | Expatriate | Start Up
    Nrg Energy, Inc. Apr 1997 - Aug 2000
    Houston, Texas, Us
    Seconded to a start-up joint venture owned by several US and Czech investors. Responsible for all finance functions in a continuously evolving environment including US GAAP and statutory financial statements. Managed cash flows and reported on a $400 million multiple-currency construction budget and volatile cash flows, including foreign exchange hedging, in accordance with multiple complex financing agreements to US investors and multinational lenders. Supervised two direct reports in a hands-on environment.• Established the finance, accounting and treasury functions in a start-up environment in accordance with US investor’s and lender’s requirements.• Revised and updated complex financial models for use by investors and lenders that resulted in more accurate forecasting of currency fluctuations, investor equity calls, and debt service reserve triggers.

Mark J. Edstrom, Cpa Skills

Sec Filings Sox Compliancy International Accounting Cash Flow Forecasting Internal Controls Foreign Currency Planning Budgeting And Forecasting Monthly Close Process Consolidated Financial Statements Due Diligence M&a Experience Financial Audits Financial Analysis Financial Modeling Energy Industry Renewable Energy Account Reconciliation Team Leadership Project Management Deadline Driven Self Starter Us Gaap Divestitures Managerial Finance Sarbanes Oxley Act Project Finance Financial Reporting Accounting General Ledger Forecasting Auditing Consolidation Cash Flow Sarbanes Oxley Mergers And Acquisitions Revenue Recognition Generally Accepted Accounting Principles Financial Accounting Variance Analysis Business Process Improvement Finance International Financial Reporting Standards Acquisition Integration Sap Products Jd Edwards Microsoft Office Microsoft Excel Management Leadership Cross Functional Team Leadership Cash Flow Management Debt Management Business Combination Accounting Financial Policies And Procedures Budgeting

Mark J. Edstrom, Cpa Education Details

  • University Of North Dakota
    University Of North Dakota
    Accounting

Frequently Asked Questions about Mark J. Edstrom, Cpa

What company does Mark J. Edstrom, Cpa work for?

Mark J. Edstrom, Cpa works for Fairlead Advisors Llc

What is Mark J. Edstrom, Cpa's role at the current company?

Mark J. Edstrom, Cpa's current role is Senior Consultant | Fractional Controller.

What is Mark J. Edstrom, Cpa's email address?

Mark J. Edstrom, Cpa's email address is mj****@****msn.com

What is Mark J. Edstrom, Cpa's direct phone number?

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What schools did Mark J. Edstrom, Cpa attend?

Mark J. Edstrom, Cpa attended University Of North Dakota.

What skills is Mark J. Edstrom, Cpa known for?

Mark J. Edstrom, Cpa has skills like Sec Filings, Sox Compliancy, International Accounting, Cash Flow Forecasting, Internal Controls, Foreign Currency, Planning Budgeting And Forecasting, Monthly Close Process, Consolidated Financial Statements, Due Diligence, M&a Experience, Financial Audits.

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