Tom Solberg Email & Phone Number

Bloomington, Mn

Responsible for hands on accounting functions and human resource administration for $3M annual budget non-profit. Provides necessary ministry financial resources while maintaining accountability for prudent financial management. General Organizational Success Summary: In the first 90 days, learned the current, detailed non-profit accounting processes and began to modernize and automate activities to improve the speed and quality of financial tracking, internal reporting and donor communications. Also utilizing volunteer leadership position as head elder and past business experiences helping lead organizations to support the pastoral leadership function.Scope of Duties:• Accountable to senior pastor, parish counsel and finance committee to meet budget goals and maintain a stable and healthy financial environment. • Work directly with all levels of ministry leadership to determine financial needs to achieve ministry goals. • Documenting and automating workflow processes, improving banking and benefit resources and managing organizational risk.

Eagan, Mn

Member of the Board of Directors of The Builders Group, a MN based Workers Compensation Self Insurance Fund with $100M in Assets and $40M in Premium. Serving on the Finance and Strategic Planning Committees for the Board. The Fund seeks to partner with construction and related businesses to improve safety conditions and practices for workers and reduce the cost of keeping employees safe.

Minneapolis, Mn

Small company CFO with 23 years of experience in manufacturing and delivery of construction materials from multiple sites…Got hands dirty helping owners create a culture of profitable success through all business cycles.General Business Success Summary: Business attained $15M in Revenue and met profitability objectives for EBITDA. Facilitated Strategic and Tactical Planning process. Managed Workers Compensation mod rate, shrinking it from 1.65 to less than 1.00. Assisted with fostering a positive atmosphere and strong employee relationships which were capable of sustaining a non-union culture. Aided the executive team in growing both topline and bottom line results.Scope of Duties: • Executive and Management Teamso Facilitated team meetings that discussed tactical business updates, strategic planning and budgeting processes.o Utilized one-on-one meetings for deeper discussions and to determine needs for financial information. • Created Financial Reporting methods for leadership at all levels. o Ledger automation and journal entry processes. o Processed payroll and oversaw AR/AP Processes. • Balance Sheet Management:o Banking relationships, cash management and debt structure.o Capital spending and asset management o Developed inventory control and valuation processes.• IT vendor relationships and selection of hardware/software applications and security.• Business Risk Management:o Broker and insurer selections and claims Management. o Actively monitored Self-insured Work Comp Fund through Board level participation.• Sales Manager Support: o Reporting, customer analysis, pricing assistance, warranty admin. o Determined customer credit processes from set up to collection.• Tax Filing Preparation and Compliance: o Payroll, Sales & Use, Fuel Tax Credits, Fleet Licensing, Real Estate• Human Resource Administration: o Onboarding through termination processeso Driver Files, Fringe Benefits, Workers Compensation, Wellness, Unemployment.

Minneapolis, Mn

Small company Controller with six years of experience in manufacturing and wholesale distribution of jewelry and giftware products to independent retail stores via commissioned salesforce. General Business Success Summary: Coordinated all financial functions for this $10M manufacturing distributor of fine jewelry and giftware. Implemented monthly consolidated financial statements, departmental budgets and forecasting tools for both the internal management team and external banking and auditing contacts. Aided in coordinating installation of new hardware platform to increase efficiency. Scope of Duties:• Managed all accounting systems related to cost/inventory, invoicing, receivables, payables, payroll and general ledger• Sales Support: Support of customer credit from account set up through collection.• Banking: Responsible for banking relationship including cash management and lines of credit to fund operations. • Management information systems: Interfaced with programmer/consultants to maintain all business inventory, billing and ledger systems.• Human Resource Administration: Onboarding, review and termination processes plus benefits management • Supervised staff including Assistant Controller, Cost Accountant and three non-exempt clerks.

Bloomington, Mn

Coordinated all accounting functions for this $29M electronics subsidiary specializing in industrial flame safety devices. Responsibilities included all cost/inventory, invoicing, receivables, payables, payroll, fixed assets, sales commissions and general ledger accounting systems. Prepared monthly financial statements including foreign subsidiary consolidation, for both the internal management team and external parent company. Implemented accounting portions of new corporate computer system integrating financials, manufacturing, sales and materials management. Consolidated annual department budgets and provided financial support for determining purchasing and manufacturing cost standards. Supervised staff of four non-exempt clerks and one accountant.

Minneapolis, Mn

Coordinated all production accounting plus analysis for $55M processing plant in Montgomery MN. Responsibilities included all production reporting, payroll, AP and inventory accounting systems. Provided balance sheet and capital project analysis and traced project spending. Consolidated budgets and operating standards for annual planning process. Coordinated PC usage and growth for facility and investigated LAN options. Acted as interim Controller for four months. Supervised staff of five non-exempt clerks. As Financial Analyst, provided support for finance, operations and marketing. Performed capital investment and plant ROI analysis. Project leader to assemble comprehensive competitive financial data.

Mba, Finance

Bachelor Of Arts - Ba, Business Administration And Management, General