Ronald Thorson
WAUKESHA,WI
Summary
Financial Manager leveraging exceptional communication skills to build quality relationships with clients, buyers and upper management.
Overview
43
43
years of professional experience
Work History
Financial Manager
State Of Wisconsin
07.1985 - 08.2013
- Implemented new accounting software to automate manual tasks, significantly reducing errors and processing time.
- Prepared comprehensive financial statements for executive review, aiding in effective decision-making processes regarding growth opportunities and resource allocation.
- Increased financial efficiency by streamlining budget processes and implementing cost-saving measures.
- Created strategies to increase client revenue and reduce client spending.
- Drove analytics and data consistency with expanded reporting, analysis and revenue forecasting support.
- Developed and maintained financial models for forecasting, enabling more accurate predictions of future revenue and expenses.
- Managed accounting-team data, entering and organizing payroll, adjustments and monthly accrual information.
- Implemented a comprehensive employee training program for financial software, increasing staff efficiency and reducing the need for external support.
- Researched and facilitated software integration to streamline accounting and financial processes.
- Synthesized financial and budgetary information to solve problems and develop alternative solutions.
- Developed reporting for executive financial reviews.
- Enhanced financial reporting accuracy through regular audits and reconciliations, leading to improved decision-making capabilities.
Budget Officer
State Of Wisconsin
07.1985 - 06.2000
- Reviewed operating budgets periodically to analyze trends affecting budget needs.
- Performed month-end account analysis, headcount and salary reports and related journal entries.
- Directed preparation of regular and special budget reports to interpret budget directives and establish policies for execution.
- Used MS Access and MS Excel to create financial models.
- Trained 300 new staff members on systems, enhancements and financial processes.
- Executed financial controls, procedures, systems and forecasting techniques to evaluate budget status.
- Designed and implemented effective budgeting policies and procedures.
- Prepared comparative analysis of operating programs by analyzing costs in relation to services performed.
- Facilitated informed decision-making through the development of comprehensive financial forecasts and analyses.
- Ensured accurate financial reporting with timely preparation of budgetary documents and reports.
- Collaborated with department heads to identify cost-saving opportunities and improve operational efficiency.
- Streamlined budget processes to improve accuracy, consistency, and transparency in financial management.
- Reduced budget discrepancies by conducting regular audits and reconciliations of financial data.
- Increased stakeholder confidence through transparent communication of budgetary information during meetings, presentations, or written reports.
- Managed resource allocation for optimal results by closely monitoring expenses and revenues.
- Submitted recommendations to budgets and forecasts for approval or disapproval.
- Monitored and reported budgetary discrepancies to corporate senior management to maximize reporting efficiency and finalized spending plans.
- Reviewed monthly operations to assess compliance with budgets and determine necessary adjustments for future plans.
- Generated annual budget forecasting information for executive and corporate reports.
- Utilized software to analyze and report on budget trends.
- Identified and implemented process changes resulting in improved performance and accuracy.
Information Management Specialist
State Of Wisconsin
08.1970 - 07.1985
- Improved information management processes by developing and implementing new policies and procedures.
- Promoted a culture of awareness around proper information handling through ongoing training sessions, workshops, and internal communications campaigns.
- Facilitated communication between IT and non-technical stakeholders, ensuring accurate translation of business needs into technical specifications.
- Collaborated with cross-functional teams to establish consistent data governance processes across the organization.
- Streamlined data retrieval by creating efficient search algorithms and indexing strategies.
- Developed comprehensive training programs for staff members on proper information handling techniques and protocols.
- Evaluated emerging technologies for potential benefits in enhancing overall information management capabilities.
- Established effective backup strategies, safeguarding critical business data against loss or corruption incidents.
- Managed large-scale information migration projects to ensure seamless integration and minimal disruption to business operations.
Education
Bachelor of Arts - Economics
University of Wisconsin
Madison06.1970
Skills
- Highly detail-oriented
- Financial reporting and analysis
- Exceptionally organized
- Staff Training
- Budgeting and financial management
- Program Leadership
- Critical Thinking
- Team Building Leadership
- Relationship building and management
- Management accounting
- GAAP understanding
- Budget Analysis
Timeline
Financial Manager
State Of Wisconsin
07.1985 - 08.2013
Budget Officer
State Of Wisconsin
07.1985 - 06.2000
Information Management Specialist
State Of Wisconsin
08.1970 - 07.1985
Bachelor of Arts - Economics
University of Wisconsin
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