Greg Gerdeman CPA

Experience

• 

  Motorola Inc

  Oct 1993 - Nov 1998

  Provided financial support for Portable Battery Division of Energy Systems Group with revenues of $400 million. Responsibilities included analysis of monthly financial statements, development of monthly forecasts and annual plans, assisting management with product pricing decisions and financial analysis and control of engineering programs. Managed the financial function at a startup manufacturing facility of the Energy Systems Group with responsibilities including cost accounting, general accounting, accounts receivable, accounts payable, financial analysis and internal controls. In addition was responsible for reporting and analysis of factory costs, budgets, capital expenditure review, and financial support for manufacturing function.

  • Sr. Operations Controller

    Jan 1996 - Nov 1998

  • Plant Controller

    Oct 1993 - Jan 1996
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  Heidelberg USA

  Nov 1998 - Oct 2005

  Corporate Controller

  Directed most finance and accounting functions for the US subsidiary of a leading German supplier of graphic arts equipment to the commercial printing industry with US revenues of approximately $ 750 million and 1200 employees.Managed staff of 18 with responsibilities for general accounting, accounts payable, fixed assets, inventory accounting, financial reporting and analysis, annual budget and long range plan, quarterly financial forecasts, cash flow forecasting and coordination of annual audit.• Reduced monthly closing cycle from 15 to 4 days by redesigning processes, improving systems and training of accounting department personnel.• Collaborated with executive and product management in development of budgets and forecasts, business plans, analysis of new business opportunities, and monthly review of financial results.• Gathered extensive experience with SAP R-3 system as user and as financial process owner in three major implementation efforts. • Participated as key team member in financial and operational merger of 2 other US based Heidelberg Group subsidiaries into Heidelberg USA.• Improved effectiveness and efficiency of accounts payable function by centralizing this function in corporate accounting department. Show less

• 

  Lynx Chemical Corporation

  Oct 2005 - Nov 2006

  CFO

  Reported to CEO with responsibility for all accounting and finance functions as well as insurance, IT and HR for this private equity owned specialty chemical manufacturer with revenues of approximately $ 45 million and approximately 150 employees. • Worked with new CEO to implement restructuring plan consisting of the sales of two production facilities and sale of vacant land which were instrumental in achieving a positive orderly liquidation.• Led preparation of financial analysis and financing proposals for ongoing discussions with bank to obtain forbearance agreements during period of default on loan agreement. • Developed improved forecasting model for cash flow and cash availability from asset based lending agreement. • Implemented new accounting policies for revenue recognition and inventory valuation.• Managed transition of banking activities and compliance with new loan agreement resulting from the refinancing of debt which occurred in September 2005. Show less

• 

  ThyssenKrupp Elevator Americas Corporation

  Nov 2006 - Aug 2018

  Report to CFO of the Americas Business Unit of the world’s third largest elevator company with revenues of approximately $3 billion and approximately 16,000 employees.Responsible for consolidation of monthly financial reporting, monthly financial and cash flow forecasts, coordination of annual budget process and long range plan for TKE Americas, and also treasury functions for US companies. Work frequently with CEO and CFO of Americas Business Unit to provide financial support needed for decision making.• Designed integrated financial model for monthly forecast updates and implemented monthly forecasting process.• Established weekly cash flow reporting / forecasting process, including follow up initiatives to improve forecast accuracy.• Implemented hedging model for sales from US to Canada and managed foreign exchange exposures in accordance with corporate policy.• Partnered with CFO to enhance the quality and effectiveness of long range planning process by redesigning financial models to ensure consistency of market and financial assumptions and by streamlining presentation templates.• Led the rollout of SAP financial reporting software and the previous upgrade of Hyperion Financial Management reporting system to all Americas Business unit companies. Show less Reported to CFO of the US Field Operating Unit of the largest elevator company in the United States with revenues of approx. $ 2 billion and approx. 7,500 employees. Managed a staff of 50 with responsibility for general accounting, accounts payable, accounts receivable, payroll, fixed assets, financial reporting, budgets and the management of external audit process.• Streamlined external audit process resulting in on time signoff and a reduction of additional fee requests by $75,000 compared to previous audits. This was accomplished by detailed planning, improved communication and follow up with auditors, and a new process for tracking status of auditor requests.• Reduced closing cycle by 2 days using a combination of process improvements, training of staff, and application of prior experience to implement more efficient approaches for closing tasks.• Formulated an improved methodology for analysis and forecasts of self-insured product and workman’s compensation liabilities by using analytical skills in conjunction with working with company Director of Insurance and outside actuary to improve loss and exposure reporting.• Implemented electronic payment process for vendor invoices and employee expense reports using third party software designed to enhance standard Oracle banking functionality.• Managed the administration and enhancement of Hyperion Enterprise system used for internal financial reporting and budgeting. Show less

  • Director of Finance

    Apr 2011 - Aug 2018

  • Corporate Controller

    Nov 2006 - Apr 2011
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  CLA (CliftonLarsonAllen)

  Dec 2018 - now

  Engagement Director, Consulting & Accounting Solutions Team (CAST)

  CLA exists to create opportunities — for our clients, our people and our communities.CLA CAST has experienced CPAs and consultants who deliver custom project management, consulting and accounting solutions for clients ranging from startups to Fortune 100 companies. Serving both public and private companies, CLA CAST deftly fulfills clients’ needs, whether they are interim, part-time or project-based. The tight market for experienced financial professionals continues to challenge businesses of all sizes and we have great people with 10-30 years of experience in public accounting and industry to step in whether you are starting a business, managing a temporary resource need in the midst of a system conversion, need SEC reporting talent, or just need to fill a gap with some solid accounting skills. CLA is a professional service firm delivering integrated wealth advisory, outsourcing and public accounting capabilities to help clients succeed professionally and personally. With nearly 100 U.S. locations and a global affiliation, we can work with clients wherever they do business, today and in the future.Visit www.CLAconnect.com/CAST for more information.As an Engagement Director I build relationships with clients, business executives and others to help solve their accounting, finance and internal audit issues. My role allows me to focus on strategic initiatives, problem-solving activities with clients and to deliver exceptional value to clients, whether in a project-based or interim role. I become a part of the client’s team for as little or long as needed and assist with turning chaos into a manageable workload. Show less