Spencer Olson Email & Phone Number

Minneapolis, Mn, Us

St Paul, Minnesota, United States

Segment Finance leader for Home Improvement & Consumer Well Being, a ~$2.7B global business that includes brands such as Command(TM), Filtrete(TM), Nexcare(TM), and Scotch-blue(TM). Serve as finance manager on the segment operating committee and help to drive financial reporting improvements, strategic & operating planning, and portfolio optimization.

St Paul, Minnesota, United States

Business unit finance counsel for Command(TM) and ScotchBlue(TM) portfolios within Construction & Home Improvement Markets Division (CHIM).

St. Paul

• Supported manufacturing/supply chain operations for 3 divisions (AASD, CSD, TSD) along with TEBG customer operations•Built DSO forecasting tool and identified areas of opportunity for AR terms improvement. Drove action on "long tail" customers and empowered area sales leaders with customer data• Conducted footprint analysis leading to $3M+ incremental benefit through consolidation of manufacturing lines• Led financial analysis for $50M+ CapEx project

St. Paul

• Financial diligence lead for multiple buy and sell side transactions. Built Carve-out financial statements, calculated estimated gain/loss on transaction, and fielded buyer diligence requests• Directly oversaw creation of Big-4 branded Quality of Earnings report and reviewed/counseled on M&A legal agreements• Led annual goodwill impairment analysis in 2018, and supervised 2019 summer intern

St. Paul

• Financial Business Counsel for IATD Manufacturing and Masking & Packaging Global Business Unit• Provide financial counsel support related to business and plant performance, new product evaluation, forecasting, and pricing strategy• Facilitate COGS recon process for both IATD business units and International subsidiaries, and advise on future strategy

St. Paul

• Financial Business Counsel for IATD Manufacturing • Provide financial counsel support related to plant performance, global COGS results, and forecasting• Streamlined financial reporting and empowered manufacturing team to locate critical information

St. Paul

• Financial Planning Analyst for the US Subsidiary of 3M’s largest division ($1.5B Portfolio)• Designed, built, and managed P&L forecasting tool for division top 15 countries and areas• Directly participated in planning process including Monthly Rolling Estimate, Operating Plan, and Strategic Plan• Provided analytical support to global Marketing/Admerch teams related to budgeting, New Growth Venture strategy, and portfolio optimization•Facilitated global product prioritization though creation of headcount & productivity model

University Of Minnesota

• Served as the chief representative for all 1350+ Fraternity members at the University of Minnesota while frequently meeting with various campus leadership• Provided direction regarding recruitment, programming, and ethics initiatives to a 5 member executive team, along with 29 chapter presidents who make up the Interfraternity Council • Oversaw the implementation of a new Greek branding campaign and formalized recruitment process for fraternities resulting in a 40% increase in retention throughout formal recruitment

St. Paul

• Created a project prioritization model utilizing financial metrics along with strategic rankings to allow the IATD group to effectively allocate resources• Participated in the evaluation of capital expenditure projects within group using a strategic model along with standard financial measures• Presented final project template and recommendations to division president and company CFO

Minneapolis

• Prepared monthly financial reports for various levels of management and directly participated in the research and evaluation of potential merger firms• Played vital role in firm wide billing process improvement project and later presented to firm CFO • Investigated profitability of certain departments and locations while using break even and cash contribution analyses to evolve strategy moving forward

Minnesota Alpha

•Responsible for providing leadership and direction to 96 current members through effective management of meetings and events•Served as liaison between the Fraternity and the University, Alumni, and National organization•Directly supervised distribution of funds and resources

• Responsible for daily transactions such as deposits and withdrawals, along with applying fee reversals when conducive to public relations• Facilitated account-opening process through Best Fit guideline application • Adhered to strict security procedures while appropriately resolving fraud claims

Master Of Business Administration - Mba

Bachelor Of Science (Bs), Finance

Activities and Societies: *Sigma Phi Epsilon - Chapter President, Sigma Coordinator *Interfraternity Council - President

Education record

Activities and Societies: *Football - Senior Captain *Baseball *Golf *IBMYP Program *DECA - National Finalist and top 10 finisher - Buying.