Scott Thompson

Controller at READY MIX CONCRETE COMPANY, LLC
  • Claim this Profile
Contact Information
us****@****om
(386) 825-5501
Location
Rochester-Austin, Minnesota Area

Topline Score

Topline score feature will be out soon.

Bio

Generated by
Topline AI

You need to have a working account to view this content.
You need to have a working account to view this content.

Experience

    • United States
    • Construction
    • 1 - 100 Employee
    • Controller
      • Apr 2017 - Present

    • Technology, Information and Internet
    • 1 - 100 Employee
    • Director of Finance
      • Dec 2015 - Apr 2017

      Maintain banking & lending relationship. Direct & coordinate company financial planning & budgeting. Oversee daily operations of finance department and ERP systems. Manage preparation of official annual reports. Establish short- and long-range departmental goals, objectives, policies & operating procedures. Maintain banking & lending relationship. Direct & coordinate company financial planning & budgeting. Oversee daily operations of finance department and ERP systems. Manage preparation of official annual reports. Establish short- and long-range departmental goals, objectives, policies & operating procedures.

    • United States
    • Facilities Services
    • 1 - 100 Employee
    • Finance Manager
      • Feb 2011 - Nov 2015

      Direct finance team for credit, collections, and payroll functions. Work with Controller and her team for monthly financial statement preparation and analysis. Manage sales and use tax obligations for various lines of business. Work with various levels of management to analyze profitability for construction, modernization, repair and service contracts through use of quarterly profitability reports and various ad hoc analysis.Selected Achievements: • Brought visibility to underperforming projects and contracts, raising gross margins within the construction department. • Prepare, review and analyze monthly financials for MEI’s construction, modernization, repair and service departments. Worked with Controller to reduce overall company closing time by 2 days.• Works with Executive Vice President to manage vehicle fleet. Saved company over $300k through implementation of policy regarding vehicle turnover.• Managed banking relationships while moving company between banks. Working to move company toward electronic distributions.• Files state sales and use tax filings for multiple states. Created filing methodology to save company over $50k annually while simultaneously lowering audit risk.

    • United States
    • Manufacturing
    • 200 - 300 Employee
    • Senior Accountant
      • May 2008 - Feb 2011

      Completed monthly and quarterly close processes. Managed currency conversions as needed. Managed Canadian GST & HST filings. Completed state and federal payroll and unemployment tax filings for Wenger and subsidiary. Selected Achievements: • Reduced monthly close time by 5 days.• Implemented balance sheet review process to ensure proper reconciliations.• Assisted implementing upgrade from AS400-based reporting to Cognos BI.• Took close process “paperless” to save cost in distributing over 100 monthly reports.

    • United States
    • Construction
    • 100 - 200 Employee
    • Accounting Manager
      • Sep 2005 - May 2008

      Managed all accounting functions for the company, including supervision of all accounting and administrative staff. Conducted monthly & quarterly close process. Maintained insurance relationships with brokers. Oversaw all HR tasks. First point of contact for various IT and other administrative issues. Selected Achievements: • Was first “4-year degree” accountant for a company with $20 million annual revenue. • Reduced company reliance on short-term financing for day-to-day operations through active management of cash flows.• Negotiated terms with major vendors, reducing DPO to levels that allowed for positive cash flow while maintaining solid supplier relations.• Created all-new, in-depth financial reports and ad-hoc job costing reports for management.• Instituted a paperless accounts payable system, allowing management instant access to invoices. • Implemented a collections process for collecting on past-due customers.• Implemented a number of new internal controls necessary to control costs.

    • Environmental Services
    • 500 - 600 Employee
    • Division Controller
      • Apr 2002 - Sep 2005

      Managed daily financial functions for divisions located in Circle Pines, MN and St. Cloud, MN. Prepared annual budgets. Conducted monthly accounting close for four divisions. Supervised staff accountant and accounts payable clerk in Circle Pines, with dotted-line supervision of office manager in St. Cloud. Managed capital expenditure spending for divisions.Selected Achievements: • Oversaw opening of two new divisions, working with local general managers to review initial reporting for maximizing profitability and internalizing waste streams.• Implemented internal control review procedures in conjunction with roll-out of new SOX 404 guidelines.

    • Insurance
    • 700 & Above Employee
    • Financial Analyst
      • Aug 1999 - Apr 2002

      Prepared & coordinated departmental budget system, & assisted managers in developing budget plans. Prepared annual & quarterly statements. Prepared monthly regional, corporate, & departmental financials.Selected Achievements:• Used Microsoft Excel and Visual Basic to design and implement company’s budget system, allowing for faster distribution of consolidated financials to upper management. Prepared & coordinated departmental budget system, & assisted managers in developing budget plans. Prepared annual & quarterly statements. Prepared monthly regional, corporate, & departmental financials.Selected Achievements:• Used Microsoft Excel and Visual Basic to design and implement company’s budget system, allowing for faster distribution of consolidated financials to upper management.

    • Staff Auditor
      • Jun 1997 - Aug 1999

      Supervised, planned, & budgeted financial audits for state and local agencies. Supervised, planned, & budgeted financial audits for state and local agencies.

Education

  • Drake University
    BSBA, Accounting
    1993 - 1997

Community

You need to have a working account to view this content. Click here to join now