Timothy Schaan
Battle Lake,USA
Summary
Results-driven Controller with a strong background in financial management across multiple sectors. Skilled in analyzing data, overseeing projects, and enhancing operational performance. Effective leader with a track record of successful team management and project execution. Holds a Bachelor of Accountancy from the University of North Dakota.
Overview
17
17
years of professional experience
Work History
Controlling Manager
ContiTech USA, LLC
Wahpeton, ND
02.2023 - Current
- Management and coordination of controlling activities within the plant, including strategic operational planning
- Interfacing with the business area and group management teams for the successful implementation of global and local projects
- Preparation, review and management of plant financial budgets and forecasts
- Development and implementation of action plans to achieve plant operational targets and strategic goals
- Ensure accurate financial reporting in accordance with GAAP and IFRS
- Management of production controlling standards, including standard costing, variance analysis, shift optimization and cost center expense management
- Investment controlling analysis and budget administration
- Oversight of Accounts Receivable, Accounts Payable and General Accounting personnel & processes
- Establishment and maintenance of internal controls
Assistant Controller | Sr. Controlling Analyst
WCCO Belting, Inc. | ContiTech USA, Inc.
Wahpeton, ND
12.2020 - 02.2023
- Prepared and reviewed monthly financial statements for accuracy and compliance.
- Assessed monthly inventory, COGS, and performed variance analysis to identify discrepancies.
- Managed standard costing system to ensure proper cost allocation.
- Supervised Accounts Receivable, Accounts Payable, and General Accounting processes for efficiency.
- Established and maintained internal controls to safeguard assets and enhance reliability.
- Reviewed daily reporting inaccuracies and implemented resolutions to improve data integrity.
- Prepared budgets and projections, aligning financial goals with business strategy.
Owner & REALTOR
Schaan & Schaan, PLLC.
Peoria, AZ
10.2016 - 12.2020
- Directed comprehensive business operations, encompassing strategic planning, marketing, sales, and client relationship management.
- Pioneered development of a holistic business design, integrating marketing, customer engagement, and technology.
- Leveraged expertise in accounting and financial planning to achieve profitability and optimize budgets.
- Conducted in-depth real estate market analysis to identify trends and support data-driven decisions.
- Investigated listings to uncover profitable opportunities, preparing comparative market analyses and closing contracts.
- Spearheaded negotiations for residential property transactions, consistently advocating for clients’ best interests.
- Positioned buyers and sellers competitively in the market, orchestrating attractive deals tailored to diverse needs.
- Collaborated with mortgage brokers and title agents to ensure successful closings while maintaining compliance.
Owner & Financial Officer
Paramount NDT, LLC.
Peoria, AZ
10.2011 - 12.2017
- Piloted financial, accounting, and human resources operations to support overall company objectives.
- Headed budget management, financial reporting, and forecasting for data-driven strategic planning.
- Processed corporate income, sales tax returns, fixed asset management, and accounts receivable/payable.
- Pioneered payroll accounting, ensuring accurate calculation and distribution of wages and withholdings.
- Designed comprehensive accounting and administrative infrastructure, including employee policies and manuals.
- Assessed business operations to identify improvement opportunities, implementing initiatives to maximize revenue.
Controller
C&J’s NDT, Inc.
Peoria, AZ
09.2009 - 12.2012
- Generated comprehensive financial statements including corporate income, payroll, and sales tax returns.
- Streamlined fixed asset management alongside oversight of accounts receivable and payable functions.
- Managed payroll accounting tasks, ensuring timely calculation and distribution of employee wages.
- Designed a robust accounting program to effectively monitor company profitability and stability.
Controller
Ameri-Fab, LLC.
Phoenix, AZ
10.2008 - 07.2009
- Prepared and delivered financial statements, ensuring compliance with all regulations.
- Directed accounts receivable and payable functions, overseeing payroll accounting accuracy.
- Calculated wages, salaries, and withholdings for employees and agencies efficiently.
- Developed work papers and spreadsheets to enhance accuracy of monthly financial results.
Finance Accountant
Imaging Solutions, Inc.
Fargo, ND
01.2008 - 10.2008
- Integrated multiple spreadsheets to streamline the preparation of monthly financial statements.
- Promoted to Controller of Ameri-Fab, LLC, in seven months, recognized for outstanding leadership and accounting expertise.
Education
Bachelor of Accountancy - Minor in Economics
University of North Dakota
Grand Forks, NDSkills
- Internal controls and compliance
- Financial reporting and analysis
- Budgeting and cost management
- Strategic financial planning
- Account reconciliation and cash management
- Business modeling and forecasting
- Effective communication skills
- Procedure development and documentation
- Cost accounting and variance analysis
- Fixed asset management strategies
- Tax compliance and reporting
- Coaching and mentoring techniques
- Cross-functional team leadership
Professional Highlights
- More than ten-year record of successful entrepreneurialism and strategic business planning, building two businesses from the ground up with keen financial planning, forecasting, and management.
- Orchestrated the entire accounting and administrative infrastructure from the inception of Paramount NDT; also authored 20+ NDT procedure documents, reports, employee handbooks, and policy manuals that were compliant with industry regulations.
- Pioneered the implementation of an accounting program as Controller with C&J’s NDT, optimizing profitability and stability tracking and analysis.
- Instituted a standardized template for financial reporting, cutting down preparation time by 8+ hours a month and improving data accuracy in reported results at Ameri-Fab.
Timeline
Controlling Manager
ContiTech USA, LLC
02.2023 - Current
Assistant Controller | Sr. Controlling Analyst
WCCO Belting, Inc. | ContiTech USA, Inc.
12.2020 - 02.2023
Owner & REALTOR
Schaan & Schaan, PLLC.
10.2016 - 12.2020
Owner & Financial Officer
Paramount NDT, LLC.
10.2011 - 12.2017
Controller
C&J’s NDT, Inc.
09.2009 - 12.2012
Controller
Ameri-Fab, LLC.
10.2008 - 07.2009
Finance Accountant
Imaging Solutions, Inc.
01.2008 - 10.2008
Bachelor of Accountancy - Minor in Economics
University of North Dakota