Colton Verrips
Norwalk
Summary
Experienced finance professional with strong background in cost management and financial planning. Skilled in data analysis, budgeting, and forecasting, delivering impactful insights that drive company growth and financial performance. Known for reliability, precision, and strong analytical skills.
Overview
13
13
years of professional experience
Work History
Senior Cost Analyst
Kreg Tool Company
03.2022 - Current
- Facilitated smooth month-end close processes by efficiently reconciling accounts and addressing discrepancies promptly.
- Conducted detailed financial analysis to identify and evaluate changes in operations, trends and potential areas of improvement.
- Streamlined financial reporting for better decision-making with clear, concise analysis and presentation.
- Conducted in-depth variance analysis to identify root causes of discrepancies between actual results versus projections, informing corrective actions as necessary.
- Monitored cost standard performance to confirm that costs met budget cost parameters.
- Performed financial reporting, trend analysis, and process improvement support.
Cost Analyst/ Estimator
Quality Manufacturing
05.2018 - 03.2022
- Reduced overall project costs by conducting thorough cost analysis and identifying areas for improvement.
- Optimized budget allocation for various departments through comprehensive cost analysis and forecasting.
- Supported project managers in monitoring ongoing projects'' budgets, keeping track of costs versus benefits throughout their execution.
- Streamlined procurement processes, resulting in significant cost savings and improved vendor relationships.
- Established a reputation for delivering reliable and accurate estimates, resulting in increased client trust and repeat business opportunities.
- Gathered cost and material data for accurate and up-to-date information on material and labor costs.
Financial Representative
Northwestern Mutual
07.2017 - 05.2018
- Met with customers to assess needs, financial status, and eligibility.
- Built strong relationships with clients through transparent communication and trust-building activities.
- Supported continuous improvement efforts within the organization by participating in training programs, workshops, and industry conferences.
- Conducted thorough risk assessments, minimizing potential losses for clients and the firm.
- Worked with clients with life, long-term care or disability insurance accounts to increase profitability and account longevity.
Project Manager
Quality Manufacturing
02.2012 - 07.2017
- Successfully managed multiple projects simultaneously by prioritizing tasks according to urgency, resource availability, and alignment with organizational goals.
- Established effective communication among team members for enhanced collaboration and successful project completion.
- Managed projects from procurement to commission.
- Developed comprehensive project plans with clear timelines, milestones, and budget requirements, ensuring timely delivery of high-quality results.
Education
Bachelors - Finance
Iowa State University
Skills
- Microsoft Excel
- Financial and operational reporting
- Financial statement analysis
- Cost accounting
- Preparing/Reviewing financial statements
- Profitability analysis
- Cost reduction strategies
- ERP systems expert
- Bookkeeping and reconciliation
Websites
Timeline
Senior Cost Analyst
Kreg Tool Company
03.2022 - Current
Cost Analyst/ Estimator
Quality Manufacturing
05.2018 - 03.2022
Financial Representative
Northwestern Mutual
07.2017 - 05.2018
Project Manager
Quality Manufacturing
02.2012 - 07.2017
Bachelors - Finance
Iowa State University
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