Michael Fredrick Email & Phone Number

Maple Grove, Minnesota

Brooklyn Park, MN

• 2014 – Present, 2010 - 2011Independent Consultant providing financial and accounting business consulting services to manufacturing and service companies. Clients included: BridgePoint Medical (before being hired onto.
• Key role as Interim Controller for clients
• Leading participant in implementation of new business system, EPICOR
• Provides custom development Sales Reporting, commission reporting
• Develops five-year business plans for clients
• Carries out year-end audit work paper preparation and internal control process improvements

Minneapolis, Minnesota, United States

Wayzata, Minnesota

Plymouth, MN

• The Coronary business of this maker of medical devices was sold to Boston Scientific in October 2012; merger completed January 2014 and assignment ended.Brought on board to fully develop the Finance and Accounting area.
• Put in place a multi-million venture debt line used to bridge cash until completion of Covidien/eV3 transaction; only half of the debt was used over 3 months and fully paid back shortly after the completion of the.
• Key player is seeing sales grow 10 times from previous year sales by developing and providing on-going analytics for all executive and field sales reporting
• Major contributor in the due diligence and deal making processes for Boston Scientific, and Covidien/eV3
• Contributing participant in bi-monthly Board of Directors meetings

Eden Prairie, MN

• Privately held, emerging wound care company with approximately 50 employees, selling their product commercially for the previous 4-plus years in the domestic wound care market only.Financial statement reporting.
• Led implementation of new business system: Microsoft Dynamics (Great Plains)
• Spearheaded initiative which reduced customer day sales outstanding (DSO’s) from 63 to 43 days
• Increase inventory turns on the company’s disposable product from 6.1 to 8.7 turns annually
• Collaborated, developed and implemented numerous sales reports and analytics for the Sales and Marketing area during a two-year period which generated a 50% growth in sales

Minnetonka, MN

• Publicly-traded company that manufactures pelvic health products.Managed the cost accounting function associated with multiple operational locations
• Supported Operations in monthly Gross Margin and inventory analytics, and cost reduction projects
• Participated in the successful implementation of JDE (JD Edwards) related to all product and inventory aspects of the Minnetonka operations and OUS distribution locations
• Crucial role in the company integration and JDE implementation of a newly acquired operation
• Partnered with General Accounting and Financial Reporting on monthly, quarterly and year-end closes, annual budgeting and forecasting process, and year-end audit work papers

New Brighton, MN

• Owned by Pentair, a publicly traded company, Hypro manufactures pumps for the agricultural, fire, marine and industrial markets.Newly created position managing all internal and external financial reporting, budgeting.
• Reduced number of days to complete month-end closes from 5 to 3½ days
• Partnered with Corporate on Hypro’s month-end, forecast and budget data
• Developed new sales trending reports to forecast weekly sales and backlog projections

Greater Minneapolis-St. Paul Area

• United Defense, Fridley, MNDefense contractor for the Army and Navy engaged in the development, delivery and support of advanced defense systems in the air, on land, and at seaAccounting and Payroll Manager, 2005
• Managed the day-to-day activities in the general accounting and payroll areas
• Key player on team that defined the internal closing strategy related to the upcoming sale of the company Boston Scientific Corporation, Maple Grove, MNFinancial Program Sales, 2004 - 2005
• Managed analytical projects for the sales programs in the cardiology, peripheral and vascular surgery segments of the company
• Executed contract administration activities involved in different sales programs offered to the customers
• Partner in a Six Sigma project to develop a new net pricing tool to streamline the price approval process

St. Paul, MN

• Controller, 1998 – 2004Financial/Cost Analyst, 1997 – 1998Endocardial Solutions was a publicly held company which developed a cardiac mapping device used to detect arrhythmias; the company was purchased by St. Jude.
• Interim CFO from July 2000 to August 2002. Key participant in three M&A due diligence processes during this time period.
• Co-led establishment of an International subsidiary to conduct business for the European and Middle East sales regions which led to incremental growth in sales of 10%.
• Led successful implementation of new business system; Microsoft Dynamics.
• Established a bar coding system for manufacturing to provide timely and accurate inventory and costing information.

Bachelor Of Science (B.S.), Business Administration, Emphasis In Accounting

Earned Approximately 90+ Credits Before A Family Out-Of-State Move