Summary
Overview
Work History
Education
Skills
Websites
Accomplishments
Certification
Volunteer
Timeline
Generic
Danielle Ericks

Danielle Ericks

Maynard,MA

Summary

Motivated, perceptive, and agile leader with over 15 years of diverse financial experience, including strategy, planning, accounting, and tax in various industries. Develops strong teams that drive business results by prioritizing talent development, transparency, constructive conflict, and a collaborative approach.

Overview

16
16
years of professional experience
1
1
Certification

Work History

Head of Financial Planning & Analysis (FP&A)

Welch's (Welch Foods, Inc)
02.2021 - Current
  • Full P&L and balance sheet responsibility for $700M food & beverage cooperative owned by 700 family farmers
  • Partners closely with CFO and executive team for strategic and operational leadership of Finance function and overall company
  • Leads short and long term financial and strategic plans, including 3 year strategic growth plan, annual operating plan, quarterly forecasts, and semi monthly pulses
  • Leads enterprise portfolio and project management, prioritizing strategic initiatives and tracking progress toward desired outcomes
  • Prepares and delivers executive presentations, including monthly financial packages and executive team updates; recommends and implements Key Performance Indicators (KPIs) to achieve strategic priorities
  • Supervise, mentor, and manage performance for team of 4
  • Acts as Chief of Staff for finance function, establishing processes and communication plans that encourage collaboration and informed decision making
  • Prepares monthly and quarterly packages for Board of Directors, bringing together all relevant financial information to tell the story and provide data-backed insights
  • Business partner for 7 functions: prepare business cases for strategic projects, develop budgets and forecasts, and act as main point of contact for all financial matters. Fully integrated IT leadership team member, supporting ERP Modernization and Digital Transformation project.

Assistant Controller

Welch's (Welch Foods, Inc)
04.2018 - 02.2021
  • Continuously improved existing processes to unlock resources for growth projects without addition of headcount
  • Chosen to lead special projects to secure current state and lay foundation for desired state: resolution of legacy compliance issues, zero based budgeting initiative to reduce operating cost base, propose and implement DSO and DPO standards to improve working capital, minimize liability related to state audits
  • Provided temporary leadership support during transitions: supply chain/cost accounting, shared services (AR, AP, and Treasury)
  • Oversaw timely and accurate completion of monthly and annual close processes
  • Developed comprehensive and flexible incentive model to quickly identify the P&L impact of complex incentive plans
  • Forecast fringe and department administrative expenses
  • Led annual financial statement audit with Big 4 firm; completed on time with no adjustments
  • Managed team of 2

Accounting Manager

SmashFly Technologies
01.2016 - 04.2018
  • Determined revenue and commission expense recognition according to ASC 606 revenue recognition standard
  • Implemented company's first full featured expense software, from scoping through implementation; functionality added included integration with HCM system, automated reimbursements through payroll, OCR capabilities for end users, and system generated exception reports that reduced payments of duplicate expenses
  • Implemented corporate card program, capturing lost reward reimbursements and leveraging float time
  • Developed travel and entertainment policies, trained all staff on new standards, and integrated into software for automated enforcement
  • Decreased time to close by 50% by overhauling work papers and processes
  • Achieved 98% success rate managing cash burn to targets
  • Responsible for full GL accounting, including prepaids, fixed assets, accrued liabilities, cash reconciliation, and other close activities
  • Led annual financial statement audit, acting as main contact for Big 4 audit team and obtaining clean opinion each year
  • Provided support to third party tax preparer
  • Processed AP, AR, cash application and performed collections
  • Processed payroll and relevant tax filings for 100+ employees and contractors (domestic and international)
  • Miscellaneous state and local tax filings
  • Supervised team of 2

Senior Accountant

Vibram USA Inc.
08.2013 - 01.2016
  • Responsible for financial close processes for multi- business unit US business, including reconciliation of key accounts and calculation of: fixed asset depreciation, royalty expense, sales commissions, cost-plus income and expense, and accrued expenses
  • Created, documented, and implemented accounts payable and cash disbursement policies and procedures, resulting in greater accuracy, efficiency, internal controls, and compliance
  • Coordinated with colleagues in Italy to facilitate consolidation of US financials into parent company and support annual audit
  • Worked closely with each team to manage budgets and track department-specific programs such as cooperative spending allowances
  • Trained and supervised newly created Staff Accountant role
  • Miscellaneous state and local tax filings
  • Inventory posting and reconciliation

Senior Tax Analyst

First Winthrop Corporation
03.2011 - 08.2013
  • Responsible for all stages of tax compliance for 50+ public and private entities
  • Successfully negotiated amnesty relief for non-filing entities
  • Created Excel models to evaluate potential investments
  • Performed quarterly and annual REIT testing to maintain tax advantages

Senior Tax Accountant

Ernst & Young
06.2007 - 03.2011
  • Prepared or reviewed partnership, REIT, and C corporate tax returns, extensions, and provisions
  • Oversaw and trained junior staff members
  • Researched and applied complex tax laws

Education

Master Of Science - Taxation

Bentley University
Waltham, MA

Bachelor Of Accountancy - Minor: Mathematics

Bentley University
Waltham, MA

Skills

  • Strategy
  • Short and long range financial planning
  • Executive presentations
  • Developing high performing teams
  • Collaborative problem solving
  • KPI development & tracking
  • Business partnering
  • Project management
  • Process improvement

Accomplishments

  • Reduced KPI reporting time by 50%, enabling faster identification of risks, opportunities, and mitigating actions
  • Accelerated development of annual operating plan (AOP) by 2 months, increasing leadership's ability to react to external and internal changes while protecting grower-owner returns
  • Established mid-month P&L pulse, providing executive team with real-time updates on monthly results; enables faster action on risks and opportunities
  • Consistently maintains excellent forecast accuracy; variances under 5% monthly
  • Reduced non-people operating expenses by 27%; led the company's first zero based budgeting initiative to identify non-value added spend and redirect to strategic initiatives and profit growth
  • Settled legacy compliance issues for less than 5% of potential liability
  • Improved working capital by identifying and implementing cash conversion cycle improvements, generating savings of $1M annually
  • Standardized and automated frequently used reports, reducing manual work up to 98%
  • Partnering with IT and external consultants to implement modern analytical capabilities for finance; successfully connected financial planning system, testing executive and analysis level reports, executive dashboards planned

Certification

  • CPA - Certified Public Accountant (2012 - Present)

Volunteer

  • Overlook FARM (Board member, volunteer)
  • Assabet Co-Op Market (owner-member, volunteer, former Treasurer)
  • Open Table Maynard (volunteer)
  • Maynard Town Finance Committee (former committee member & liaison to Town Planner)

Timeline

Head of Financial Planning & Analysis (FP&A)

Welch's (Welch Foods, Inc)
02.2021 - Current

Assistant Controller

Welch's (Welch Foods, Inc)
04.2018 - 02.2021

Accounting Manager

SmashFly Technologies
01.2016 - 04.2018

Senior Accountant

Vibram USA Inc.
08.2013 - 01.2016

Senior Tax Analyst

First Winthrop Corporation
03.2011 - 08.2013

Senior Tax Accountant

Ernst & Young
06.2007 - 03.2011

Master Of Science - Taxation

Bentley University

Bachelor Of Accountancy - Minor: Mathematics

Bentley University

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