Kari Blom, CPA

Provide controller services, budgeting and forecasting for partners

• Created a smooth transition and workflow in onboarding and integrating new partners.
• Strengthen internal controls and financial processes to mitigate risks and create financial transparency with leadership.

Developed a team and process for collections to bring receivables' past due balance down and establish a process. Focus shifted to the accounts payable process to support the procure-to-pay process.

Selected Achievements

• Developed a collection team and process to collaborate with key customers and the sales team to bring the aged receivables down by 50% of the total past due, and the overall DSO days from 58 to 42 days.
• Collaborated with Operations and Purchasing to identify critical suppliers. Working with suppliers to manage past-due balances and mitigate operational disruptions with challenging cash flows.

An opportunity to work on a wide range of projects, with exposure to various departments, and the leadership team to gain experience with a larger organization within the manufacturing industry.

Selected Achievements

• Consolidating financials in the U.S. and internationally.
• The pass-through rate in invoices in the procure-to-pay process dropped significantly. The provided analysis and Pareto of the root cause identified a core opportunity with inventory ordering, which resolved over 30% of the issues.
• Worked with the Inventory team to develop a strong policy on obsolete inventory and other inventory management practices.

Small equity-owned startup company expanding business geographically for patent aeroponics technology in the Agricultural space. Provided process documentation and accounting services.

Leadership role within a team of nine, and three direct reports, in a company with $90 million in revenue. Analyzed monthly trends and researched budget variances to provide managers insight into revenue and spending patterns. Prepared monthly financial reporting packages.

Selected Achievements.

• Worked with the operations team and CFO to design a robust monthly progress review process that provided greater visibility to regional performance, streamlined job review, and monthly profitability.
• Streamlined payroll processes with a team of three, which increased effectiveness in managing multiple unions and states, resulted in fewer errors and reduced completion time by two days.

Oversaw the accounting for Ellingson Companies and its subsidiary for a company with $60 million in revenue.

Selected Achievements

• Collaborated with operations on setting annual labor and equipment rates through historical analysis, projections, and market tolerance.
• Collaborated and negotiated the company's annual benefit package. Switched from a fully insured to a partially self-insured health plan, which reduced the plan costs.

Leadership role with four direct reports create a cohesive team with a timely month end close for a growing company in agricultural drainage and sewer and water construction.

Selected Achievements

• Managed cash position with a 6-week cash forecast to ensure cash inflows and outflows meet company obligations with seasonal revenue cycles.
• Extracted data from source, manage data integrity to provide financial analysis and provide visibility to leaders to manage their book of business.

Directed three accounting professionals, managing all aspects of accounting for a company with $20 million in revenue. Developed and implemented accounting policies and procedures to strengthen controls in a growth environment.

Selected Achievements

• Planned and coordinated with the CPA firm for the review of financials and tax filings, with a few adjusting entries.