Rick Sconberg  CPA (inactive)

Rick Sconberg CPA (inactive)

Senior Analyst -Insurance Products

Followers of Rick Sconberg  CPA (inactive)237 followers
location of Rick Sconberg  CPA (inactive)Minneapolis, Minnesota, United States

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  • Timeline

  • About me

    Vice President Information Technology at ARCA Recycling, Inc.

  • Education

    • Eden Prairie High School

      1975 - 1979
    • University of Minnesota - Carlson School of Management

      -
      B.A. Accounting

      Activities and Societies: Beta Alpha Psi

  • Experience

    • Metris Companies

      Jan 1998 - Jan 1999
      Senior Analyst -Insurance Products
    • Certes Financial Pros

      Jan 2004 - Jan 2006
      Contractor - Accounting and Financial Analysis
    • Sempris, LLC

      Jan 2007 - Jan 2015

      • Successfully forecasted millions of dollars of credit card revenue with less than a 5% variance in the first month which incorporated a retail calendar for the first time. • Conceptualized and delivered a model used to predict credit card chargebacks on a daily basis allowing for the maximization of revenue with high confidence.

      • Director of FP&A

        Jan 2012 - Jan 2015
      • Manager of FP&A

        Jan 2009 - Jan 2012
      • Manager of Financial Reporting

        Jan 2007 - Jan 2009
    • Veritae Group, LLC

      Jun 2015 - Sept 2018
      Sr. Consultant

      • Assignment at ARCA Recycling: Developed first KPI report based on operational and accounting data. Successfully lead the rebuild of 3 system modules.• Assignment at Midwest Asphalt: Performed successful conversion to new accounting system and developed forecast models and reports in support of financing.• Assignment at Merrill Corporation: Review and successful improvement of world-wide commission process trimming 30 hours per month off the month end process. Backfilled two positions simultaneously - commissions accountant, and cash & payroll accountant with related Blackline reconciliations.• Assignment at Merrill Corporation: Recognized for being instrumental in the successful subsidiary divestiture resulting in a major contract bonus. For 10 months post sale, successfully closed two sets of books by Day 2 deadline for new subsidiary owners and Merrill along with operational cash transactional services. Tracked and reconciled historic detail inventory usage in both accounting instances that led to successful recovery 100% recovery of $2.8M inventory reserve. Successfully led AR clean up and collection efforts of $5.2M accounts receivable with 99.5% recovery. Show less

    • ARCA Recycling, Inc.

      Sept 2018 - Aug 2023

      • Led the creation of innovative processes & software functionalities, boosting efficiency.• Streamlined AR processes, resulting in a $500K reduction in overdue receivables within a month.• Lead FP&A and revenue recognition • Championed successful AR intervention, significantly reducing aging receivables. • Delivered comprehensive accounting, financing, and operational reports exceeding client expectations.• Leader of a team of 11 including IT infrastructure, programmers, and business analysts• Successfully assumed responsibility for the data intensive customer service department bringing them in as part of the IT team IT project management, process improvement, quality initiatives and large strategic projects.

      • Chief Information Officer

        Feb 2023 - Aug 2023
      • Vice President Information Technology

        Jan 2020 - Aug 2023
      • VP of Process Improvement and Strategic Initiatives

        Apr 2019 - Jan 2020
      • Senior IT Project Manager and Analyst

        Sept 2018 - Apr 2019
    • Keller Fence, Inc.

      Jul 2024 - now
      Controller
  • Licenses & Certifications

    • Certified Public Accountant (inactive)