Paul Elder Email & Phone Number

Tucson, Az, Us

Vallejo, Ca, Us

At Meyer Corporation, I function as Vice President of Accounting and Finance to oversee a department of 21 people for a privately-held cookware business. It is worth mentioning that I identify roadblocks during the month-end process to improve closing time by three full days.I am assigned the task of leading multiple employees, including a senior director, three senior accountants, three accounts payable, six accounts receivable, and chargeback collectors, import/export documentation/management, and financial reporting.My duties comprise of reducing operational costs and developing technology usage, utilizing and forecasting IBM Workspace Analytics while implementing month-end software to minimize closing times and headcount.I am also responsible for directing constant transformation for systems to enable inter-systems communications, replace manual data entry, and optimize operating systems, such as ERP, budgeting, forecasting, and payroll.I am involved in managing 21 people and reviewing audits, notes, and financials before sending them to tax preparers.Below listed are some of my achievements within this role:• Administered a $400M construction business under Blue Mountain Construction to build homes and facilitate living complexes.• Nominated to become a member of the Board of Directors committee as Treasurer in September 2021.• Conducted review of a current broker and enhanced abilities to identify savings of nearly $5M within the next 3 years by implementing a self-insured medical plan, along with coordinating cross-functionally with HR and broker.• Oversaw a real estate portfolio of over $85M, including rental properties and commercial Real Estates, resulting in identifying a tenant underpaying Market rate by $250K per year.• Inherited non-health insurance-related programs for general liability, EPLI, D&O, Workers' Comp, Recall, and Product liability, along with successfully recognizing ways of reducing premiums by $300K on annual basis.

Livermore, California, Us

As a part of this job role, I provided strategic direction to establish and sustain the financial integrity of nine separate entities operating in the United States, Mexico, Netherlands, Malaysia, and India.It was me who introduced best practices to drive financial performance and human capital growth.I was entrusted with managing partners in the development and execution of end-game strategy.I also enabled business growth and development by reviewing and managing acquisition projects.Furthermore, I manage all aspects of budgeting, forecasting, P&L analysis, and customer margin examination, while significantly improved profitability through short- and long-term financial planning.My accomplishments within this role are following:• Managed a separate real estate holdings entity "AER Worldwide Holdings"; identified and negotiated real estate funding for the building in the amount of $9.7M.• Installed a $2M solar project in 2014; negotiated terms, sourced funds, and paid off loans while maintaining $18K per month ROI.• Increased revenue by 50% through the development and implementation of a robust financial strategy.• Saved company $75K by negotiating worker's compensation audit findings.• Reduced future expenses by $500K per year through strategic ventures.

During my time over here, I advised the management team on the internal control system for operational excellence.One of my key tasks was to enforce end-to-end controls across financial statement preparation for compliance with set standards.I created and managed operating budgets with a focus on minimizing additional expenses.I was also part of conducting variance analysis between budget performance and actual results; provided corrective strategies to fill gaps.I played an active role in heading all functions associated with employee benefits, legal obligations, and payroll management.A section of my key contributions include:• Stabilized company and ensured future growth through reduction in work force.• Slashed general and administrative expenses by $350K annually.• Recognized for augmenting company's net worth by $2.5M.

I joined Employee Benefit Specialists in 2003 as Controller, and I provided strategic and operational direction to financial operations of a leading third-party administrator of on­line benefit eligibility and invoice reconciliation system, flexible benefit spending accounts, transit reimbursement accounts, and voluntary bill reconciliation.A few key achievements in this tenure include:~ Successfully managed trust funds for 300+ organizations with $100M+ in activity annually.~ Achieved 100% revenue growth for the finance and reconciliation group.~ Improved net profit by 30% through new claims processing and reimbursement system.

Denver, Colorado, Us

Master Of Business Administration (M.B.A.), Finance

Bs, Business Management