Terry Nelson
Controller at AA Metals, Inc - COVID-19 Response Supplier- Claim this Profile
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Bio
Experience
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AA Metals, Inc
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United States
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Mining
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1 - 100 Employee
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Controller
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Jul 2021 - Present
Orlando, Florida, United States
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Dixon Ticonderoga Company
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United States
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Manufacturing
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100 - 200 Employee
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Controller/VP of Finance/CFO
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2014 - 2020
Orlando, Florida Area • Grew revenue from $85M to $180M through acquisitions and merger of Canada operations. Integrated $45M acquisition in 9 months and a $35M acquisition in 3 months while achieving required synergy savings. • Increased sales, EBITDA, and Net Financial Position all 6 years that I was at Dixon. • Managed working capital, audits, and provided due diligence information to numerous entities during Italian parent company going public. • Wrote and implemented Best In Class internal processes… Show more • Grew revenue from $85M to $180M through acquisitions and merger of Canada operations. Integrated $45M acquisition in 9 months and a $35M acquisition in 3 months while achieving required synergy savings. • Increased sales, EBITDA, and Net Financial Position all 6 years that I was at Dixon. • Managed working capital, audits, and provided due diligence information to numerous entities during Italian parent company going public. • Wrote and implemented Best In Class internal processes throughout the company to comply with parent company going public. • Shortened audits, lowered DSO, and implemented cost savings through building and training of Accounting Team. • Management customer rebate programs with retailers such as Wal-Mart, Target, Amazon, Staples, and Office Depot. Show less
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Sun & Skin Care Research, LLC
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United States
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Manufacturing
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1 - 100 Employee
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Controller
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2013 - 2014
Cocoa, Florida, United States • Created financial reporting to Bank and to Private Equity ownership and shortened month end closing process by creating closing timeline and training of Finance department. • Increased loan availability by $250K and saved $50K in interest expense through shortening customer terms and implementing weekly updates with AR team.
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Hillerich & Bradsby Co.
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United States
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Sporting Goods Manufacturing
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1 - 100 Employee
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Controller/Treasurer
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2008 - 2013
Louisville, Kentucky, United States • Increased use and efficiency of ERP system by implementing profit center accounting, profitability analysis, and cost center accounting. Saved $20K by getting rid of other reporting software being used. • Optimized cash flow on bank loan to meet “clean down” provision in loan covenants through cash forecasting and management. Avoided $50K in fees through various process changes. • Reviewed state sales tax filings and fixed compliance issues through voluntary disclosures with multiple… Show more • Increased use and efficiency of ERP system by implementing profit center accounting, profitability analysis, and cost center accounting. Saved $20K by getting rid of other reporting software being used. • Optimized cash flow on bank loan to meet “clean down” provision in loan covenants through cash forecasting and management. Avoided $50K in fees through various process changes. • Reviewed state sales tax filings and fixed compliance issues through voluntary disclosures with multiple states. Avoided significant fines and back taxes through this process. Streamlined the state tax filing process by implementing ADP sales tax software. • Saved $10K per year in inventory shrinkage by implementing cycle count program in Retail Gift Shop. Show less
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Plant Controller
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Oct 2005 - Sep 2008
Carrollton, Kentucky, United States • Financial responsibility for multiple locations including P & L responsibility for six product lines • Financial analyses projects involving product and customer profitability used in making strategic decisions for the business teams • Worked with Information Technology group on new usage and price variance allocation programs including testing of new programs and member of MRP implementation team at multiple locations
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Zeon Chemicals
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United States
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Chemical Manufacturing
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200 - 300 Employee
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Plant Controller
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Aug 1990 - Oct 2005
Louisville, Kentucky/Pasadena, Texas • Financial subject matter expert on 2 ERP implementations including SAP. • Negotiated electricity contract when Texas went deregulated and saved $114,000 on the bottom line during the first year • Lowered property taxes $250,000 from 2002 to 2004 through lowering of inventory levels and exemptions not used before
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Education
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University of Illinois at Urbana-Champaign - College of Business
Bachelor's degree, Accounting