Mike Elling's Location
Duluth, Minnesota, United States, United States
Mike Elling's Contact Details
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About Mike Elling
International Executive committed to performance excellence. Diverse manufacturing and healthcare industry experience with a documented record of success. Visionary leader focused on maximizing sustainable growth and profit through achievements in financial metrics, cost containment and internal controls. Excellent written and verbal communication skills.Tactical Leadership / Multi-Site Responsibility / Strategic Planning / Profitability Improvement / Business Modeling / Cost Control / Budgeting & Forecasting / Cash Management / S&OP / New Business Development / Costing / Financial Reporting / Internal Controls / US GAAP / SOX Compliance / Staff Development / Healthcare Reimbursement / Medicare Cost Report / FQHC / Benchmarking
Mike Elling Work Experience Details
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Chief Financial OfficerRotochopper, Inc. 2024 - PresentSt. Martin, Mn, Minnesota, Us -
Cfo & CooP&R Companies 2023 - 2024P&R Companies is a Property Development and Property Management Firm specializing in Multi-Family Residential, with projects and properties across the Midwest. Responsible for all internal and external financial reporting, including bank and investor reporting. Responsible for budget development, P&L performance, strategic planning, internal controls, proforma, due diligence and analysis on potential projects. Developed business budgets, internal financials, KPI’s, strategic plans, cash forecasting and project costing tools (all new to P&R). Responsible for driving marketing and pricing for our properties. Responsible for management, maintenance, cleaning and care of the properties. Implemented weekly property walks and maintenance schedules. Set property standards and drove pride of ownership into the team. Drove budget and P&L ownership down into the properties. Increased website views by 17%. Increased Google Reviews by 225% and avg score by 37%. Achieved year over year NOI improvement of 27%, in a declining market. -
CfoBuiltrite Manufacturing 2019 - 2023Two Harbors, Mn, UsBuiltrite Holdings, dba Tenamec is a Private Equity, multi-faceted alliance of businesses and brands focused on serving the Scrap, Demolition, Waste, Mining and Forestry industries. Containing such iconic brands as; Builtrite, SAS Forks, & Lemco. Responsible for all internal and external reporting, including, but not limited to Board Presentation, Bank Covenant Reporting, Financial Statements, Tax Reporting and Equity Reporting to investors, P&L ownership, Budget Development, Due Diligence on potential acquisitions and strategic planning. Led turn around of one brand by conducting an immediate RIF and implementing targeted price increases. Improved a second brands bottom line by $1.0M by focusing the engineering team on cost our projects and implementing pricing control procedures. Successfully documented and brought to resolution, $1.0M working capital dispute on recent acquisition. Successfully applied for and had forgiven both rounds of PPP and received the max benefit from the ERC, generating over $3.6M in cash flow for the businesses. -
Cfo & CooLake Superior Community Health Center 2016 - 2019Duluth, Minnesota, UsLake Superior Community Health Center (LSCHC) is a Federally Qualified Health Clinic (FQHC) serving Northern MN and Northern WI. LSCHC provides Medical, Dental, Behavioral Health and Substance Abuse Services. Responsibilities include; board presentations, budget development, P&L ownership, daily and strategic operations and driving metric based improvements. Implemented expense management processes and policies. Implemented labor efficiency reporting. Implemented Flex scheduling and the utilization of casual positions. Transitioned the organization from cash basis accounting to accrual basis accounting. Reduced closing period from 20 days to 5 days. Onboarded new behavioral health and substance abuse clinic acquisition. Report out monthly to the board on the organizations finances and operations. Serve on the Finance and Executive committees. -
Business Unit ControllerStanley Black & Decker, Inc. 2014 - 2016New Britain, Ct, UsInternational Controller for North American, European and Asian facilities in Stanley Black and Decker’s Infrastructure Division ($150M), where responsibilities include; P&L ownership, budget development, strategic planning, driving functional transformation, ensuring sox compliance, capital spend ($6M) management and executive presentation. Financially onboard (Software, Policy, Process, Rhythms) new plant acquisition in Germany. Develop and drive annual strategic plan including goal deployment. Transitioned monthly close cycle to a shared services model. Developed Close Cycle processes and Inventory Management tools used company wide. Stanley Black and Decker (DOWJones: SWK) is an $11.2B, Fortune 500 American manufacturer of industrial tools, household hardware and provider of security products and locks headquartered in New Britain, Connecticut. Stanley Black & Decker is the result of the merger of Stanley Works and Black & Decker on March 12, 2010. -
Plant ManagerStanley Black & Decker, Inc. 2012 - 2014New Britain, Ct, UsLaBounty is an $80M facility with 180 employees. Responsibilities included improving; operations, engineering, sales, marketing, quality, distribution and supply chain. Specializing in instilling Lean manufacturing and global best practices. Achieved a Stanley Infrastructure Division record of 27.8 working capital turns. Through automation and strategic capital spend, increased throughput by 64%. Increased OM% to being the most profitable plant in all of Stanley Black and Decker.
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Plant ControllerStanley Black & Decker, Inc. 2009 - 2012New Britain, Ct, UsControlled all functions finance for the LaBounty facility. Multiple Best Practice winner for close cycle and inventory management. Met monthly with Divisional and Corporate executives to report on the plants P&L and key performance indicators. Led initiative to reduce inventory, achieved $8M reduction and held 95% OTD. Achieved AR reduction of 17 days, from 45 to 28 generating $2.8M in cash. Chosen as a training Controller by corporate finance out of 200+ controllers to train Stanley Black and Decker Finance Leadership Program participants. Reduced the closing period from 4 days to 2 days.
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Director, Decision Support / Fp&AAspirus Health 2007 - 2009Wausau, Wisconsin, UsLed the FP&A/Decision Support function, managing a staff of professional level employees. Responsibilities included budget and strategic plan creation, preparation of the Medicare Cost Report and 990 Tax return and calculation of contractual reserves and physician comp. Implemented Cost Accounting, driving pricing, service line and staffing decisions, which resulted in the P&L moving from a loss to a profit position. Met monthly with executives to present and review contractual and reserve calculations. Aspirus Health is a nonprofit, community-directed health system based in Wausau, Wisconsin, serving northeastern Minnesota, northern and central Wisconsin and the Upper Peninsula of Michigan. The health system operates 18 hospitals and 130 outpatient locations with nearly 14,000 team members, including 1,300 employed physicians and advanced practice clinicians. -
Director, AccountingAspirus Health 2002 - 2007Wausau, Wisconsin, UsManaged staff of 13 professional and para-professional employees in the functions of General Accounting, Accounts Payable and Cash Collections. Responsible for the timely and accurate close of monthly, quarterly and annual financial statements. Lead on annual financial audit and collateral audit – no adjustments or passed adjustments from 2002 to 2007. Presented monthly to the CFO, financials. Financial lead on two separate software implementations (Lawson & Meditech). Completed the HAR report and re-filed past HAR’s increasing our return. Through automation, restructured the department and reduced FTE’s by 20%. Reduced the closing period from 10 to 5 days.
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Financial AnalystAspirus Health 2001 - 2002Wausau, Wisconsin, Us
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AccountantAspirus Health 1999 - 2001Wausau, Wisconsin, Us
Mike Elling Skills
Tactical Leadership
International Finance
Strategic Planning
Profitable Growth
Business Modeling
Cost Control
Budgeting
Forecasting
Treasury Management
Revenue Cycle Management
S&op Implementation
New Business Development
Cost Accounting
Financial Reporting
Roi Justification
Internal Controls
Us Gaap
Sarbanes Oxley Act
Healthcare Reimbursement
Medicare/medicaid Reimbursement
Benchmarking
Multi Site Responsibility
Strategic Financial Planning
Accounting
Management
Analysis
Financial Analysis
Manufacturing
Budgets
Variance Analysis
Hyperion Enterprise
Lean Manufacturing
Finance
Process Improvement
Financial Planning
Hyperion
Business Process Improvement
Mike Elling Education Details
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University Of Minnesota DuluthAccounting
Frequently Asked Questions about Mike Elling
What company does Mike Elling work for?
Mike Elling works for Rotochopper, Inc.
What is Mike Elling's role at the current company?
Mike Elling's current role is Chief Financial Officer.
What is Mike Elling's email address?
Mike Elling's email address is me****@****ite.com
What is Mike Elling's direct phone number?
Mike Elling's direct phone number is +121883*****
What schools did Mike Elling attend?
Mike Elling attended University Of Minnesota Duluth.
What skills is Mike Elling known for?
Mike Elling has skills like Tactical Leadership, International Finance, Strategic Planning, Profitable Growth, Business Modeling, Cost Control, Budgeting, Forecasting, Treasury Management, Revenue Cycle Management, S&op Implementation, New Business Development.
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