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A CPA and strategic finance leader, who files income tax returns, improves systems and processes that facilitate growth and increase wealth. Understands the big tax picture and the brush strokes within it: - the science of finance, and art of deal-making, which enable thought leadership and tactical execution for financial growth. Experienced in diverse enterprises both private and public companies in manufacturing, utilities, technology and service industries.Leverages technology to guarantee pertinent data and clear metrics that enhance business decisions and ability to course correct. Adept at managing cash flow, contract negotiations and tax strategies. Past systems implementations include: Microsoft Dynamics (Great Plains), SAP, Oracle, NetSuite and Quickbooks. As an active CPA, remain current on accounting rules and regulations, to include IFRS and China GAAP. A collaborative, inquisitive and results-focused leader who builds strong relationships internally and externally that aid communication and teamwork. Seeks inclusive input on critical issues and gains buy-in from action plans to successfully accomplish goals. Coaches team members to build skills and prepare for professional advancement. Lee Prinkkila, CPA CGMA LinkedInLeeP@gmail.com Member of the American Society of CPA's, Minnesota Association of Public Accountants, and Minnesota Society of CPAs
Tangible Values
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Chief Financial OfficerTangible Values Jul 2019 - PresentBloomington, Minnesota, UsTangible Values (Predecessor - Tenenz Inc.) is a successful business serving tens of thousands of small accounting and tax professionals annually. Our success has been ongoing for over 40 years by providing high-quality, low-cost products to tax and accounting professionals. -
Acting Chief Financial OfficerPractice Panda Jul 2019 - Present -
Founder - President And CpaLp'S Mn Tax Return Preparation, Incorporated Dec 2017 - PresentAfter 20 years of challenging CPA experiences, 9 years consulting and transforming businesses for entrepreneurs, and 3 years searching for a CPA firm that matches my values, I have decided to start a new Accounting Firm under the Entrenuerial Operating System or EOS model. The website is MNTaxReturn.com.Our core value is to leave this place better off than we found it by helping people become financially independent so they will have the freedom, passion and strength to improve the world. All great causes have one thing in common - numbers. I am here to help you with those. So who am I, I am a certified public accountant (CPA). A CPA must adhere to certain professional, ethical and technical requirements. CPAs are trusted and relied upon because of their keen analytical and decision-making skills. I am always curious and I have a passion for helping people.How we do it is simple. We file your income taxes. We build you a strategy and keep you organized to keep more of what you earn. Your tax return is your entire life in numbers. It is your job, your investments, your home, your donations and most importantly it is your family. Form 1120 -1065 - Sch C - F - E - If you own a business or want to start a business let me merge those to help you through all the new tax laws. 1040 If you file a return let me give you a free consultation on my 20 plus years filing returns for people. My goal is to help you keep more of what you make and then make more. -
Investor And Accounting AdvisorZeus Electric Chassis Inc Nov 2020 - Present -
Official Cheerleader & InvestorFulton Brewing Company Jan 2019 - PresentMinneapolis, Minnesota, UsWhere to Start. I could talk about the high honors at the MN Brewers Cup the 300 IPA was crowned the winner of the American IPA category. Yeah the core they brew great beer, but there is a lot more! Then the Seltzers - Cannabis - Gin & Tonic (if not sold out). Then the innovation and marketing - Fulton has it together. I will definitely buy you a beer if you want to meet me at the Tap Room! -
Seed InvestorSilicon Prairie Jan 2017 - PresentSaint Paul, Minnesota, UsโWatch me,โ David Duccinni , says with the confidence of madman on a mission.So Why did I invest? The greatest people stir it up - and challenge the status quo - then on the plus side I get the upside of success. Follow this guy. - https://www.linkedin.com/in/dvduccini/ -
Contract Interim Chief Financial OfficerAvirat, Inc. Dba The Ourfamilywizard Website Nov 2015 - Nov 2020Minneapolis, Minnesota, UsThere are three things I look for in a place to work: 1. cool people, 2. cool products and 3. a cool location. I have found it here at OurFamilyWizard Website or OFWยฎ. Here is the product: The best co-parenting tools available on the market as a Software as a Service SAAS product. The OFWยฎ website offers divorced or separated parents an array of tools to easily schedule and track parenting time, share important family information, manage expenses as well as create an accurate, clear log of divorce communication. Why is this cool? I have heard the horror stories of divorced parents failure to communicate, this saves money by moving it out of the lawyers and courts pocket books. Here is the best part of the product - it really helps out kids. Cool Place: They are located in Northeast Minneapolis above Dangerous Man brewing. Cool People: It has great people. As matter of fact IT, customer service, sales and finance all get along due to great on site leadership. It is a dog friendly, work from home if you want, environment that gets stuff done. If you are in IT and ever wanted to work with me now is your chance, I can guarantee you a fun time where we can make a difference in children's lives. -
Interim Chief Financial OfficerGeneral Marketing Solutions Mar 2018 - Dec 2018Eden Prairie, Mn, UsGMS is an integrated marketing services partner. We create, execute and manage data and communication solutions across all channels, for all types of enterprises. We'll help you leverage your marketing strategy and work with you to convert your marketing investments into revenue generating, results-driven programs. -
Contract Interim Cfo Q2 2016- Consultant Divestiture Of PhiladelphiaArca, Inc. Jun 2016 - Mar 2017Minneapolis, Mn, UsAppliance Recycling Centers of America, Inc., together with its subsidiaries, sells and recycles household appliances through a chain of company-owned retail stores under the ApplianceSmart name. The company operates in two segments, Recycling, and Retail. Its stores offer new appliances; affordable value-priced, niche offerings, such as close-outs, factory overruns, and discontinued models, as well as special-buy appliances, including out-of-carton merchandise and others; byproduct materials, such as metals of recycled appliances; and carbon offsets created by the destruction of ozone-depleting refrigerants. The company operates 18 ApplianceSmart stores. It also provides turnkey appliance recycling and replacement services for electric utilities and other sponsors of energy efficiency programs. The company was founded in 1976 and is headquartered in Minneapolis, Minnesota.I was responsible for the Finance & Accounting function in publicly traded company with Nasdaq under ticker ARCI. I was involved in the divestiture and accounting of assets including the Advance Recycling facility in Philadelphia. As for accounting changes, there were several including new revenue recognition under ASC 606 with contract review for the energy efficiency programs with over 100 Utilities. -
Contract Finance Manager - CfoItm Twentyfirst Nov 2016 - Feb 2017Minneapolis, Mn, UsITM TwentyFirst is a private equity backed dedicated team of independent life insurance servicing professionals. I was contracted for a maternity leave on a part time short term engagement. My work included financial statement close and year-end audit work. -
Vice President Of Strategic AccountsEntero Feb 2015 - Dec 2015entero is a specialized Finance & Information Technology staffing and recruiting firm that was founded in Minneapolis, MN in 2006. We are delivering value with values to our clients. We are a team of accountable, wholehearted people who value long term client relationships. I have been on assignment building my brand and working with several start-up companies who need a fractional CFO to deal with the complexities of starting a business.
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Vice President Of Finance - Verifications Inc. Division Of FadvFirst Advantage Oct 2013 - Feb 2015Atlanta, Ga, UsVice President of finance during integration creating the worlds largest employment screening organization.โข Led financial integration into Oracle within 60 days and mapping resulting in savings from maintaining two financial systems. โข Tracked synergies of consolidation reporting monthly to migration team.โข Assisted the closure, subleasing and buyout of 3 facilities. -
Vice President Of FinanceVerifications, Inc. May 2013 - Oct 2013Minnesota , Mn, UsLed 7 direct reports and total team of 18 responsible for financial reporting, treasury, budgeting, risk management, pricing, contract negotiation, data scientist development and direct sales support. โข Facilitated sale of company to strategic buyer, First Advantage, executed due diligence, sale negotiations and software agreementsโข Through strategic negotiating with Auditors, increased EBITDA valuation by $6Mโข Implemented Microsoft Dynamics GP system upgrade that increased timeliness of financial reporting and integrated reporting into Microsoft SharePointALPHARETTA, GA. and Minneapolis, MN โ October 30, 2013 โ First Advantage, a Symphony Technology Group (STG) company and the leading global provider of screening analytic and identity solutions, today announced that it has entered into a definitive agreement to acquire competitor, Verifications, Inc., a Minneapolis based background checking and drug testing company. As a result of the acquisition, First Advantage will add over 4,000 new clients to its over 41,000 current client relationships that process more than 15 million applicants annually. The addition of the Verifications, Inc. screening business will quickly broaden First Advantageโs position in the growing small and mid-sized market place and strengthen the Companyโs presence in key industries including staffing, healthcare and manufacturing. The Verifications, Inc. top client base boasts an average 12 year tenure including notable Fortune 100 companies. This acquisition will enable Verifications, Inc. clients to now have access to advanced solutions through the largest global footprint in the industry.The acquisition closed October 29, 2013, subject to customary closing conditions. -
Consultant | Interim Chief Financial Officer | CfoMicrobiologics, Inc. Sep 2012 - Apr 2013Saint Cloud, Minnesota, UsInterim Chief Financial Officer, Microbiologics, Inc. - St. Cloud, MNPrivate equity held company, providing microorganisms for use in quality assurance programs.Over 6 month consulting assignment with 5 direct reports.โข Streamlined monthly reporting by creating reporting templates within NetSuiteโข Performed Cost Segregation Study and Final Loan Draws for Building Addition saving $10 thousand additional consultant feeโข Created transparent bottoms up budgeting system and reporting creating empowering cross functional reportingโข Assisted Private Equity owners refinanced organization with lender SEC complianceโข Implemented lean and modern inventory practices lowering inventory and generating 3 more days of revenue.โข Simplified inventory sub-builds and elimination of insignificant items saving ยผ FTEโข Created a valuation for company for stock appreciation plan -
Contractor Financial Reporting SecThe Mosaic Company May 2012 - Oct 2012Tampa, Florida, UsFinancial Reporting Consultant, Mosaic Corporation LLC - Plymouth, MNPublicly held (ticker MOS) 11 billion dollar international mining company.Over 5 month consulting contract for financial reporting department using SAP and Cognosโข Delivered the 10-K & 10-Q on tight deadlines and built and measured the internal reporting scorecard for the strategic leadership team. โข Trained and documented the XBRL tagging and structure to Best Practices โข Collaborated with risk management on XBRL internal controls document in Visioโข Responsible for Goodwill footnote and impairment analysis under FASB 142 -
Xbrl Senior Financial ConsultantMerrill Corporation May 2011 - May 2012As a Senior Consultant I worked with a team of CPAs that assisted over 150 companies with their SEC filing. In October, I began working with over 20 Chinese companies who trade on the US exchanges. XBRL is a complicated language and I strove on building strong trusting relationships and solving clients problems. As a Financial Reporting Consultant, you can expect to develop expertise and conquer the challenges of learning from the ground-floor in a new field that is growing exponentially as XBRL expands to financial reporting and beyond. You will work on a collaborative team of accounting professionals as Merrill has the largest team of U.S.-based, CPA-level XBRL accountants in the industry.RESPONSIBILITIESโข Manage workflow, communications and timelines for assigned clients on multiple, concurrent projects.โข Understand client prepared financial statements and create XBRL by relating the financial statements to the standard U.S. GAAP taxonomy.โข Produce and prepare XBRL-formatted financial statements for client companies.โข Provide financial services by understanding and organizing information in client financial disclosures and structuring the XBRL taxonomy accordingly.โข Participate in client meetings to present and explain XBRL information to the client personnel.โข Utilize the internal job management system to facilitate information workflow.
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Consultant | Contract ControllerSalo Llc Feb 2011 - May 2011Minneapolis, Mn, UsSkybridge Marketing is a private company that provides a contact center, multi-channel and product fulfillment solutions. Originally known as Carlson Marketing Services. โข Sage 500 (MAS500) Implementation and replacement of Controller positionโข Process documentation of system and training to staffโข Offered and created Sage 500 solutions for CRM and ERPโข Created Financial Reports and Analysis with Excel - Pivot Tables & VLookupsโข Created Crystal Reports for management -
Chief Financial OfficerCutting Edge Creations, Inc May 2007 - Feb 2011UsPrivately held manufacturing company of print, inflatable marketing and inflatable bounce house products.Managed entire Minnesota facility after bank receivership including operations team, accounting, human resources, information technology, litigation support, and reporting systems for a marketing, manufacturing and digital print company. โข Turned around the organization to profitability in 2007 by strict cost controls.โข Implemented MAS 200 ERP accounting system from spreadsheets. โข Established strong trusting relationships with banks, customers and vendors getting favorable terms after turn around.โข Proposed new products and branding of line and new online presence, which accounted for 15% of revenues and increased gross margins by 10%.โข Facilitated the strategic plan and vision for organization including staring in marketing videos, where social media increased exponentially.โข Designed a product liability defense strategy which saved hundreds of thousands of dollars.โข Negotiated crippling top customer lawsuit to positive results, maintaining the client.โข Developed Data Scientist roll of product, geography, and customers to predict orders for China production at 3 manufacturing companies. โข Designed inventory costing system, machine times and overhead rates to properly price product. -
Controller Sec Publicly TradedHei Inc Oct 2006 - May 2007Administered the turnaround and led the accounting of a publicly-traded microelectronic multi-state manufacturing company. Provided hands-on leadership during a time of vast change. Executed process improvement for the organization and responsible for preparation of internal and external financials. Reported to CEO. โข Managed the SEC reporting process to 15 days after month end from previously 40.โข Directed two concurrent IRS audits one of which was fraud investigation of past CEO to final payment of under one thousand dollars.โข Negotiated critical repayment terms with vendors during turnaround saving company from critical shutdown.โข Designed and implemented month end close in SAP from 10 days to 4. โข Transformed collection process from 70 days to 55 resulting in free cash flow.โข Responded to bank seizure of account and in 2 days and still made payroll.โข Created cash flow plan with factoring of receivables. โข Changed banks with Wells Fargo closing on line of credit and bank account migration. โข Found lost assets of organization through investigation.
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Chief Financial OfficerLake Country Power Sep 2002 - Sep 2006Grand Rapids, Mn, UsPromoted to finance leader with 13 direct reports, chiefly union. Directed the FERC financial reporting, billing system and responsible for regulatory and non-regulatory reporting each month including board presentations. โข Designed new reporting system and internal controls.โข Initiated new strategic banking alliance saving significant expense per year.โข Implemented NISC accounting software where labor tracking moved over 500,000 of labor into active projects.โข Co-negotiated pension legal settlement saving company from imminent bankruptcy.โข Created Risk Management committee and protected companyโs assets.โข Structured debt management programs saving millions in costs per year.โข Chaired cross functional committee on work in process moving 12 million to 4 million in one year for higher loansโข Created collection process where we went from 1% write off historically to .4% by strong leadership.โข Co-lead the Automatic Meter Reading 20 million dollar project which transformed all the cooperative processes into the digital age. โข Developed to the Chief Data Science Officer from smart meters to maximize service routes, outage restoration plans, usage per meter which lowered operating costs. โข Lowered audit costs and time by implementing internal audit and Sarbanes Oxley (SOX) protocols. -
Contract ControllerMetamorphosis Consulting Llc -Mn 2001 - 2002Implementation of Syspro Impact Encore Accounting and ERP System for Snowmobile Manufacturer. that grew from 50 snowmobiles in production year 2001 to 250.Handled Payroll, On-boarding and Human Resources for manufacturing client.
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Controller/CfoMaster Collision Group, Llc Aug 1998 - Jul 2000Venture capital and privately owned 3 large scale automotive repair and body shops. CFO/Controller Responsible for 4 accounting staff and 3 office managers at each major store. Was responsible and managed all the accounting, treasury, human resources and information technology areas. Reported financials to bank & venture capitalists monthly.โข Designed operating system and scorecard for daily monitoring of stores.โข Built reports expectations with Venture Capitalist investors.โข Earned NACE Body Shop of the Year in 2000.โข Actively managed cash flow with 96% debt financing.
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Certified Public Accountant (Cpa) | Public Accountant And AuditorLurie Besikof Lapidus & Company, Llp Jul 1996 - Sep 1998New York, Ny, UsLurie Besikof Lapidus & Company, LLP, is a prominent Twin Cities CPA firm providing accounting, audit, tax and consulting services to companies and individuals. Founded in 1940, the firm has more than 120 employees. LBL is a founding member of the Leading Edge Alliance, the second largest international association of independent CPA firms with more than 180 firms in 100 countries. -
Accountant | Cpa CandidateAnderson, Benton & Kays Jan 1995 - Jun 1996If you are looking for a blend of personal service and expertise in a CPA firm, you have come to the right place! The services encompass nearly every aspect of financial life. We are experienced in all matters of accounting and taxation, IRS problem resolution, estates and trusts, business formation, financial planning and investment, real estate and business sales.I prepared over 500 individual tax returns in 1996 during the tax season building a solid process, Expert on Schedule F - EIC - Section 179 planning. We also did municipal and school district audits. Specialist in converting from cash to accrual basis using UFARS school district uniform accounting standards. Last to use Green Bar paper.
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Private InvestigatorNorthern Reporting Service Jun 1990 - Sep 1995Northern Reporting Service, Inc. is a Minnesota Corporation licensed as a Private Detective Agency in the States of Minnesota, Wisconsin, Michigan and Iowa. We have affiliates throughout the United States.Since 1985, NRS, Inc. has engaged in a wide variety of general business and insurance investigations, specializing in defense work by providing expert video surveillance and background investigations.NRS, Inc. employs a staff of trained investigators who operate throughout our territory on a daily basis. Corporate membership is held in a nationwide network of investigators that can provide expert investigations in all 50 states.Company personnel are experienced in handling and supervising a wide variety of investigative work including:โ Video Surveillance โ Pre-Employment โ Workersโ Compensation โ Activities Investigationโ Personal Injury โ Arson Background โ Liability Claims โ General Backgroundโ Assets Determination โ Death Claims โ Court Records Search โ Signed Statementsโ Financial Background โ Recorded Statements โ Location (Skip Tracing) โ Medical Recordsโ Medical Malpractice โ Life & Health Claims
๐บ Lee Prinkkila, Cpa Cgma Skills
๐บ Lee Prinkkila, Cpa Cgma Education Details
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Saint John'S UniversityAccounting -
University Of Minnesota DuluthAccounting -
Mesabi East High School - Iron Range ConferenceHigh School -
Mesabi East Secondary
Frequently Asked Questions about ๐บ Lee Prinkkila, Cpa Cgma
What company does ๐บ Lee Prinkkila, Cpa Cgma work for?
๐บ Lee Prinkkila, Cpa Cgma works for Tangible Values
What is ๐บ Lee Prinkkila, Cpa Cgma's role at the current company?
๐บ Lee Prinkkila, Cpa Cgma's current role is CFO, CPA Advisor & Investor to Business enhancing profit with Tax and Technology Solutions.
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๐บ Lee Prinkkila, Cpa Cgma's email address is lp****@****enz.com
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๐บ Lee Prinkkila, Cpa Cgma's direct phone number is +132025*****
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๐บ Lee Prinkkila, Cpa Cgma attended Saint John's University, University Of Minnesota Duluth, Mesabi East High School - Iron Range Conference, Mesabi East Secondary.
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๐บ Lee Prinkkila, Cpa Cgma has interest in Sap, New Technologies, Environment, Erp, Implementations, Netsuite, Contract Finance Expert, Oracle, Turnarounds, Sage.
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๐บ Lee Prinkkila, Cpa Cgma has skills like Finance, Financial Reporting, Accounting, Forecasting, Cash Flow, Cpa, Sec Filings, Process Improvement, Financial Analysis, Financial Statements, Mergers And Acquisitions, Start Ups.
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