Phil Kelly, MBA, CPA

Chief Financial Officer at IP Corporation
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Location
Minneapolis, Minnesota, United States, US

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Experience

    • United States
    • Chemical Manufacturing
    • 1 - 100 Employee
    • Chief Financial Officer
      • Nov 2021 - Present
    • United States
    • Real Estate
    • 1 - 100 Employee
    • Vice President of Finance and Accounting
      • Feb 2021 - Nov 2021

      Greater Minneapolis-St. Paul Area

    • United States
    • Education Administration Programs
    • 100 - 200 Employee
    • Senior Director FP&A and Procurement
      • Mar 2020 - Feb 2021

      Minneapolis, Minnesota, United States

    • United States
    • Photography
    • 700 & Above Employee
    • Vice President Finance
      • Jun 2014 - Sep 2019

      Greater Minneapolis-St. Paul Area Direct finance team of 35+ employees in US and Canada. Coordinate all financial reporting, budget, and forecasting for $700M School Photography Division. Ally with senior management team on ROI analysis, compensation plan development, risk management, and cost efficiency projects. Collaborate with sell-side investment bank to compose investment memorandum, including thorough business plan, market research, and extensive quality-of-earnings analysis. Arrange and articulate detailed due diligence… Show more Direct finance team of 35+ employees in US and Canada. Coordinate all financial reporting, budget, and forecasting for $700M School Photography Division. Ally with senior management team on ROI analysis, compensation plan development, risk management, and cost efficiency projects. Collaborate with sell-side investment bank to compose investment memorandum, including thorough business plan, market research, and extensive quality-of-earnings analysis. Arrange and articulate detailed due diligence analysis to final parties and direct financial integration and opening sheet work. » Executed due diligence, analysis, and financial integration of 2 successful $50M+ acquisitions, as well as dozens of small acquisitions. » Saved company millions of dollars and expanded profits despite declining revenues to increase share price by leading multiple cost reduction plans that included divestiture of business lines, consolidation of production facilities, and G&A cost reductions. » Reorganized 25 employees under single leadership and led standardization of protocols yielding labor savings. » Served in crucial leadership role in sale of Lifetouch to Shutterfly, Inc.

    • Director of Finance/Controller
      • Jun 2010 - Jun 2014

    • Director of Finance
      • Jun 2008 - Jun 2010

      Fulfilled role of Senior Finance Representative for $100M Church Portrait Division. Coordinated all financial reporting, budgeting, and forecasting. Displayed financial results, strategic plans, and financial and capital budgets to CEO. » Leader of strategic planning process and championed due diligence, negotiation, and integration of key acquisition.

    • Assistant Corporate Controller
      • Dec 2006 - Jun 2008

      Orchestrated all consolidated financial reporting (internal and external), budgets, and forecasts. Administered shared services team conducting accounts payable, payroll, and sales tax processes. Led external financial audit.

    • Assistant Controller
      • May 2004 - Dec 2006

      Managed all financial reporting and budgeting for School Photography Division. Partnered with directors and vice presidents on variances analysis, efficiency, and investment projects.

    • 1 - 100 Employee
    • Controller
      • Sep 2001 - May 2004

      Leading Minnesota commercial Real Estate firm providing brokerage, property management, construction, architecture, and property maintenance, Controller for construction, architecture, and property maintenance divisions.

    • Retail
    • 700 & Above Employee
    • Manager - Planning and Analysis
      • May 2000 - Sep 2001

      Greater Minneapolis-St. Paul Area

    • United States
    • Accounting
    • 100 - 200 Employee
    • Senior Auditor - CPA
      • Jan 1995 - May 2000

Education

  • University of St. Thomas - Opus College of Business
    MBA, Finance
    2004 - 2008
  • Minnesota State University, Mankato
    BS, Accounting

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