Thomas Stowell
St. Charles
Summary
Financial Analyst with extensive experience at Mayo Clinic, specializing in financial analysis and reporting. Demonstrated expertise in budgeting and grant compliance, resulting in streamlined reporting processes and improved decision-making. Proficient in Tableau and Microsoft Excel, contributing to continuous improvement initiatives across various teams.
Overview
29
29
years of professional experience
Work History
Financial Analyst Research – Research Reporting Team
Mayo Clinic
07.2008 - Current
- Responsible for assisting in the financial statement preparation/Analysis, budgeting, and ad-hoc reporting.
- Analyzing financial statements and preparing the monthly analysis for management.
- Prepare the initial research committee funded budgets for all salary line and merit budgets ($80M).
- Work with Administrators to understand their reporting requirements and facilitate those requests.
- Monthly reporting to management on special projects.
- Improved existing reports to a more automate the process and focused attention on critical areas.
Financial Analyst Research - Program Services Team
Mayo Clinic
07.2008 - Current
- Responsible for providing accounting and grant compliance support.
- Worked closely with investigators, study staff, administration and finance staff to identify and resolve financial and staffing issues.
- Identified potential audit 'FAR' risks and presented scenarios to resolve.
- Provided financial projections based on historical data and input provided by study staff.
- Audit Government and foundation grants for compliance with FAR.
- Worked with department heads to create budgets and prepare FEA’s.
- Established a strong working relationship within all levels of staff which allowed me to identify problems and work towards resolutions in a professional manner.
- Prepared subcontract invoices.
- Performed unallowable cost reviews with grant portfolio relate to our indirect rate.
- Provided support to our outside auditors. Insure they receive the records and support they need in a timely manner.
- Provide support to our team in calculating our indirect rate.
Financial Analyst
McNeilus Truck & Manufacturing
07.2006 - 07.2008
- Provided accounting support to Supply Chain, Cost Reductions, and Engineering departments.
- Reported cost savings initiatives at monthly executive committee meetings.
- Collaborated with stakeholders to define and validate savings opportunities.
- Conducted cost/benefit analysis for new cost reduction projects.
- Managed and directed staff for quarterly inventory audits, ensuring accuracy.
Financial Analyst
Ashley Furniture Ind, Inc.
05.1996 - 07.2006
- Directed costing and pricing strategies to enhance profitability across operational areas.
- Prepared financial analyses for plant expansion and location assessments.
- Established overhead rates to ensure accurate budgeting and forecasting.
- Collaborated with Product Engineers to determine precise cost structures.
- Generated monthly margin reports for leadership review and decision-making.
- Supported external auditors by managing invoices, rate calculations, and inventory records.
Education
Data Analyst Boot Camp -
University of Minnesota
12.2022
MBA -
Augsburg College
12.2011
Bachelor of Accounting -
Winona State University
Winona, MNBachelor of Public Administration -
Winona State University
Winona, MNSkills
- Financial analysis and reporting
- Customer service excellence
- Collaboration
- Attention to detail
- Effective communication
- Continuous improvement initiatives
- Tableau and Microsoft Excel proficiency
- Budgeting and forecasting strategies
- Grant budgeting and auditing expertise
- Business intelligence solutions
References
References available upon request.
Timeline
Financial Analyst Research – Research Reporting Team
Mayo Clinic
07.2008 - Current
Financial Analyst Research - Program Services Team
Mayo Clinic
07.2008 - Current
Financial Analyst
McNeilus Truck & Manufacturing
07.2006 - 07.2008
Financial Analyst
Ashley Furniture Ind, Inc.
05.1996 - 07.2006
Data Analyst Boot Camp -
University of Minnesota
MBA -
Augsburg College
Bachelor of Accounting -
Winona State University
Bachelor of Public Administration -
Winona State University
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