Timothy Nester Email & Phone Number

Peoria, Illinois, United States

ELM provides utility locating services to leading utility companies throughout the West and Southwest, plus Microgrid energy storage system solutions to customers worldwide, with annual revenues of $90MM. Lead all company accounting, compliance, reporting, cash flow, bank and financing activities. Lead close, reporting, variance analysis, annual budgeting, Accounts Payable, Accounts Receivable collections, all audits, CapEx reviews, debt covenants, borrowing capacity reporting, process improvements. Provide financial counsel to company founder, CEO and leadership team. Lead 401k committee. Direct staff of 4.  Insourced accounting activities from external accounting firm through work analysis and mentoring staff, reducing operating expenses while improving visibility, timeliness and control of financial data. Implemented new fixed asset system replacing 9 year old legacy system. Led all aspects including replacement system research, system testing, asset upload, staff education and custom reporting. Implemented percent of completion revenue recognition method for Microgrid operating unit, improving financial reporting, project profitability tracking, collaboration and cash flow analysis.

Morton, Il

G&D Integrated is a specialized provider of contract logistics and transportation services throughout the Midwest & Southeast, with revenues of $130MM. Oversaw company accounting, compliance, reporting. Led accounting close, financial reporting, variance analysis, budgeting, Accounts Payable, Accounts Receivable, worker’s compensation and health insurance analysis, all audits, state/local tax filings, annual tax return, debt covenants, borrowing capacity reporting, contract reviews. Member of 401k and employee benefits committees. Directed staff of 12. Created Accounting shared service org structure by performing team task analysis, redistributing work and changing reporting relationships, better aligning the team with company needs. Key leader on team that implemented new GL system for Transportation operation. Contributions included intercompany transaction integration, Accounts Payable process design and user training.

Morton, Il

Oversaw $30-35MM P&L and all Unit financial oversight. Led budgeting/forecasting, variance analysis, financial reporting, accounting close, contract preparation/review, price modeling/business proposal development, business analysis, change management projects, ERP implementation, collaborate and provide financial counsel to 6 Business Operation leaders. Directed three staff. Constructed price models for more than 30 business proposals that ensured quotes fully captured all operating costs, improving data transparency and executive team go/no go decisions. Institutionalized forecasting disipline by constructing 9 different financial models in collaboration with business operations leaders improving transparency, ownership and executive decision-making. Co-led team that implemented new ERP system, including GL, Purchasing, AP and AR modules.

Lincolnshire, Il

Aon is the leading provider of risk management, insurance and human resource solutions with $11B of annual revenue, from 120 countries. Aon Hewitt is the $4B global division that provides Human Resources Outsourcing and Consulting.Led reporting & analysis of actual results for Aon Hewitt Executive Committee and Aon Corporate Finance. Oversaw team responsible for key financial reporting systems. Directed three financial managers.

Northfield, Il

Mondelez is one of the world’s largest snacks companies with global revenues of $35B from sales in over 100 countries. Mondelez was created from the split of Kraft Foods Inc. October 2012. Kraft was the world’s second largest food company, with revenues of $50B from sales in 170 countries.Controller for $1.2B of function expense. Led annual planning/forecast updates, target setting, internal reporting, variance analysis, SOX controls and define company-wide annual/strategic/forecast planning processes. Direct three financial managers and one financial analyst.

Northfield, Il

Newly created planning position. Oversaw planning, analysis and reporting for $2.8B of HQ expenses. Defined company-wide annual/strategic/forecast planning processes, financial support to SVP of Compensation for Kraft incentive plans. Directed two financial managers.

Northfield, Il

Led newly created group that consolidated four planning groups to one. Controller for $1.0B of expense from 9 diverse corporate functions. Led annual planning/forecast updates, internal reporting, variance analysis, SOX controls. Directed two managers and six financial analysts.

Glenview, Il

Controller for $150MM of expense from functions that manage global syndicated consumer data, packaging and consumer promotions. Oversaw productivity delivery and provided critical business counsel to function VP/SVP’s and their direct staff. Directed three managers and one financial analyst.

Northfield, Il

Owned $4.5B trade accounting process and financial analysis of North America unsalables program. Led balance sheet management and reserve setting for 10 divisions, trade system operations, SOX trade controls, internal/external audit support. Directed one manager and two financial analysts.

Northfield, Il

Finance lead to North America Trade Strategy Sr Director and staff. Delivered financial and project leadership on multiple future-state sales initiatives, created impactful trade analytics.

Glenview, Il

On businesses with revenues up to $400MM led financial target setting, trade management and strategy, cross-functional teams, brand strategic focus and productivity initiatives.

Glenview, Il

Finance support for the $900MM Natural Cheese category cross-functional team.

Glenview, Il

Planned and reported $1.6 billion North America inventory position. Coordinated efforts with 11 business divisions. Developed and managed $13MM, 120+ headcount administrative budget of North America Logistics Group.

Auditor on variety of clients ranging from Distribution, Transportation, Consumer Packaged Goods and Healthcare. Managed all aspects of field audit, mentored and managed staff.

Masters In Business Administration, Management & Strategy And Marketing

Earned degree while working full time

Masters Of Accounting Science, Accounting

Bachelor Of Science, Business Administration, Finance