Tim Schmidt

Tim Schmidt Email and Phone Number

CEO, CFO, V.P. Finance, Controller | Leading with Financial Insights in Manufacturing @ North States Industries
Tim Schmidt's Location
Minneapolis, Minnesota, United States, United States
Tim Schmidt's Contact Details

Tim Schmidt personal email

Tim Schmidt phone numbers

About Tim Schmidt

CFO | VP Finance | Controller - Improving information, decisions and performance through effective collaboration, processes and systemsEffective partner to broad set of business leaders, demonstrating sound judgment and breaking down complex issues to solve business problems. Demonstrated success driving profitable growth, managing risk, overcoming barriers and improving processes. Use deep knowledge of operations to guide development of insightful systems and reporting solutions. Develop and leverage professional service relationships to optimize banking, tax and insurance outcomes. Establish processes and systems for accurate and timely close and financial results.Specialties: Financial Planning and Analysis, Budgeting and Forecasting, Cash Management / Forecasting, Strategic Planning, Accounting and Controls, Reporting / Systems Design, Manufacturing Operations Analytics, Board Presentations, IT Leadership, Servant Leader, ERP Systems, EOS / Traction

Tim Schmidt's Current Company Details
North States Industries

North States Industries

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CEO, CFO, V.P. Finance, Controller | Leading with Financial Insights in Manufacturing
Tim Schmidt Work Experience Details
  • North States Industries
    President And Ceo
    North States Industries Jun 2023 - Present
    Plymouth, Mn, Us
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  • North States Industries
    Chief Financial Officer
    North States Industries Nov 2020 - Present
    Plymouth, Mn, Us
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  • Qualitech
    Chief Financial Officer
    Qualitech Jul 2017 - Jul 2020
    Chaska, Mn, Us
    Formerly the CFO and IT leader of multi-division enterprise and member of corporate leadership team. Responsible for budgeting & forecasting, planning and analysis, accurate financial reporting, effective controls and efficient transaction processing. Treasury management and cash flow forecasting - Improved bank rates & loan terms Board financial presentations Annual financial statement audit Strategic planning & pro forma modeling Insurance and taxes
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  • Qualitech
    Finance Director, Food Ingredients Division
    Qualitech Jul 2015 - Jul 2017
    Chaska, Mn, Us
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  • General Mills
    Sr. Sourcing Manager, Commodities | Market Analysis, Financial Forecasts, Modeling, Energy, Hedging
    General Mills 2010 - Mar 2015
    Minneapolis, Minnesota, Us
    Managed Energy commodity market risk for all of General Mills’ Diesel and Natural Gas exposure. Assessed market fundamentals, developed/implemented risk management strategies and managed external broker / adviser relationships. Led development of commodity management systems. Developed/implemented Futures and Options derivative hedging strategies which mitigated risk while supporting financial performance goals. Recognized as key leader of cross-functional systems / tools development which improved visibility and management across Agriculture and Energy commodity spend. Led India and Headquarters contract operations process improvements which reduced rework and improved data integrity / reporting accuracy. Monitored global macroeconomic and geopolitical environment, enabling business leaders to understand the potential impact of oil market volatility.
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  • General Mills
    Sr. Finance Manager - Sourcing | Business Partner, Raw Material Budgeting, Variance Analysis
    General Mills 2005 - 2010
    Minneapolis, Minnesota, Us
    Partnered with Sourcing leadership team managing raw materials spend. Led team of 5-10 financial analysts responsible for financial planning / tracking, communicating risks / opportunities and analyzing business decisions. Recognized for leading development/implementation of next generation integrated planning/ forecasting/tracking systems and tools which enabled company to effectively manage extreme commodity market volatility. Restructured finance team, improving resource alignment with key business needs and risks, and significantly enhancing financial support provided to senior leaders. Developed/facilitated numerous financial and systems / process training presentations which resulted in improved forecasting capabilities across organization.
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  • General Mills
    Sr. Finance Manager - Foodservice | Profitability Analysis, Negotiations, New Product Costing
    General Mills 2003 - 2005
    Minneapolis, Minnesota, Us
    Led team of 3 analysts supporting restaurant foodservice national account managers. Prioritized resources and managed profitability, established / monitored financial plans, developed customer bids/supported negotiations, analyzed new product costs. Finance lead in renegotiating multi-million dollar contract with key restaurant foodservice customer. Award-winning contributions resulted in profitable multi-year volume commitments. Engaged in all aspects of product development (R&D, marketing research, manufacturing, pricing and profitability analysis) which equipped cross-functional teams to deliver profitable growth.
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  • General Mills
    Sr. Finance Manager - Sales | Trade Marketing, Roi Analysis, Strategy Development
    General Mills 2001 - 2003
    Minneapolis, Minnesota, Us
    Led team of 5 finance professionals supporting sales and customer marketing teams. Performed strategic and tactical analysis for large portion of trade promotion spending. Received division president’s award for outstanding contributions to cereal division profitability.
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  • General Mills
    Financial Ops Manager - Manufacturing | Plant Leadership, Controller, Capital, Internal Controls
    General Mills 1998 - 2001
    Minneapolis, Minnesota, Us
    Key member of plant leadership teams, providing financial leadership in annual and long-range plans, staffing and compensation strategies, cost management, capital planning and maintenance of financial control environment. Led and developed strong Finance & IS teams of 18 (Toledo) and 7 (Albuquerque) professionals and staff.  Built strong cross-functional connections throughout the plants which resulted in improved partnership, clearer communication and better insights / decisions. Resolved challenging team issues which improved Finance team morale and enhanced service to cross-functional partners. Key member of Toledo plant divestiture team – evaluated fixed assets, developed pro formas and collaborated on HR decisions and FTC negotiations which overcame key barriers to acquisition.
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  • General Mills
    Financial Analyst - New Products, Big G Cereal Division
    General Mills Jan 1997 - Dec 1997
    Minneapolis, Minnesota, Us
    Provided the New Products marketing team with financial expertise and services including new product cost estimates, performance monitoring, and marketing budget status tracking.  Provided leadership in identifying and resolving marketing research budget challenges.  Provided insightful financial analysis and profitability guidance by fully integrating with cross-functional product development teams – Marketing, R&D, marketing research, manufacturing, sales.
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  • General Mills
    Internal Auditor
    General Mills 1995 - 1996
    Performed internal control and risk audits for manufacturing plants, flour mills, Canadian subsidiary, and several line and corporate departments.
  • Arthur Andersen
    Senior Auditor / Cpa
    Arthur Andersen 1991 - 1995
    Audited various small to mid-market companies in multiple industries: Insurance, Healthcare, Manufacturing, Utilities, Real Estate, Medical Devices, Agriculture & Construction Equipment Sales.

Tim Schmidt Skills

Forecasting Financial Analysis Cross Functional Team Leadership Finance Strategy Financial Modeling Process Improvement Leadership Management Risk Management Negotiation Analysis Strategic Planning Commodity Competitive Analysis Budgets Internal Controls Supply Chain Hedging Business Planning Pricing Budgeting Financial Planning Business Process Improvement Accounting Variance Analysis Derivatives Corporate Finance Financial Reporting Mergers And Acquisitions

Tim Schmidt Education Details

  • Northwestern University - Kellogg School Of Management
    Northwestern University - Kellogg School Of Management
    Executive Mba - North American Program
  • Luther College
    Luther College
    Accounting

Frequently Asked Questions about Tim Schmidt

What company does Tim Schmidt work for?

Tim Schmidt works for North States Industries

What is Tim Schmidt's role at the current company?

Tim Schmidt's current role is CEO, CFO, V.P. Finance, Controller | Leading with Financial Insights in Manufacturing.

What is Tim Schmidt's email address?

Tim Schmidt's email address is ti****@****hco.com

What is Tim Schmidt's direct phone number?

Tim Schmidt's direct phone number is +195244*****

What schools did Tim Schmidt attend?

Tim Schmidt attended Northwestern University - Kellogg School Of Management, Luther College.

What are some of Tim Schmidt's interests?

Tim Schmidt has interest in Finance Manager, Education, Finance Director, Director Of Finance, Controller, Senior Finance Manager.

What skills is Tim Schmidt known for?

Tim Schmidt has skills like Forecasting, Financial Analysis, Cross Functional Team Leadership, Finance, Strategy, Financial Modeling, Process Improvement, Leadership, Management, Risk Management, Negotiation, Analysis.

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