Todd R Holmstrom
Certified Public Accountant
Duluth,MN
Summary
Business-driven finance professional with experience in both public and private accounting and financial reporting. Offering 20-year track record of exceptional accuracy in statement preparation. Strong leader with calm presence and superior skill in cultivating rapport across all enterprise levels.
Overview
21
21
years of professional experience
4
4
years of post-secondary education
Work History
Assurance Manager
EisnerAmper LLP
Minneapolis, MN
06.2022 - 06.2023
- Performed manager role for audits and reviews of PE owned software clients.
- Was go to person on our team for questions on ASC 606 and ASC 842.
- Worked with NetSuite.
Finance Manager
Cenovus Energy
Superior, WI
07.2021 - 06.2022
- Collaborate with Corporate VP of Finance to oversee all accounting functions of Superior Refinery including monthly, quarterly, and annual financial close process, fixed assets, internal controls, and technical accounting.
- Set up software system in SAP used to calculate daily intake of raw materials and ending inventory.
- Prepared and managed large capital expenditure budgets to effectively handle infrastructure investment and long-term operations.
Controller
Encompass Energy Services
Duluth, MN
02.2019 - 07.2021
- Preparation of consolidated financial statements in accordance with U.S. GAAP for company that went from start-up to private equity owned $65 million company in six years.
- Established new reporting package including KPI indicators, graphs and detailed cost accounting reports.
- Main contact person for external auditors (RSM).
- Installation of Bloomberg BNA Fixed Assets Software.
- Consolidated accounting operations of acquired smaller competitor into Encompass.
Assistant Corporate Controller
Charter NEX Films
Superior, WI
05.2015 - 12.2018
- Preparation of consolidated financial statements in accordance with U.S. GAAP for four entities and seven manufacturing facilities with over $500 million revenue.
- Decreased length of monthly close process from 12 business days down to 5 business days.
- Main contact person for external auditors (Clifton Larson Allen).
- Daily management of cash and line of credit, maintenance of fixed assets and general ledger.
- Installation of Bloomberg BNA Fixed Assets software.
- Merged accounting operations and financial reporting of acquired smaller competitor into company's consolidated financial statements.
- Main contact person for due diligence auditors from KPMG during company’s sale from Pamplona Capital Group to Leonard Green Partners.
Assurance Supervisor
McGladrey LLP (now RSM)
Duluth, MN
01.2012 - 05.2015
- Perform in-charge and manager role on audits of clients in the mining, manufacturing, construction, software, and retail industries.
- Performed employee benefit plan audits during the summers.
- Led audit engagements from planning stage to wrap up and lock down.
- Mentored and reviewed work of audit associates, senior associates, and performed job performance reviews.
- Served as a career advisor for two associates.
Accounting Supervisor
Saint Louis County Auditor’s Office
Duluth, MN
03.2010 - 01.2012
- Supervised four AP/AR clerks.
- Calculated apportionment of tax revenue that different governmental units (schools, cities, water and sewer districts) would get each year.
- Created and initiated accounting procedures to increase organization in department.
Certified Public Accountant
Robert Half
Dallas, TX
07.2008 - 03.2010
- Performed contract accounting duties for three different companies (Korman Marketing Group, Brinks Home Security, Vertex Business Services)
- Did not want to accept a full-time position while waiting for home to sell in Dallas before moving back to Minnesota
- Helped Brinks Home Security fill gap while they looked for full time Accounting Manager
- Helped Vertex Business Services through their annual audit (performed by Deloitte) and software conversion to Microsoft Dynamics.
Audit Associate
KPMG LLP
Dallas, TX
08.2007 - 07.2008
- Analyzed trends in financial data to investigate fluctuations.
- Followed up to assess and report corrective action completion or progress.
- Laid off when KPMG Dallas office lost two of its three biggest clients (EDS, Zales) in midst of 2008 financial crisis.
Assistant Controller
HomeVestors Of America
Dallas, TX
01.2007 - 08.2007
- Converted company’s accounting software from Quickbooks to Epicor
- Performed several analyses for top management on strategies to improve cash flow
- Left due to a bad cultural environment.
Audit Associate
Grant Thornton LLP
Dallas, TX
09.2005 - 12.2006
- Performed audits of clients (SEC and private) in the manufacturing, software, and energy industries.
- Analyzed trends in financial data to investigate fluctuations.
- Followed up to assess and report corrective action completion or progress.
Senior Accountant
UnitedHealth Group
Edina, MN
08.2004 - 08.2005
- Set medical claim reserves for each month dating back two years.
- Developed expert level Excel skills with pivot tables, macros, etc.
- Used PeopleSoft accounting software.
- Left to move to Texas and get experience in public accounting.
Staff Accountant
RTM Restaurant Group
Saint Louis Park, MN
02.2002 - 07.2004
- Responsible for all monthly accounting functions for 30 Arby’s Restaurants.
- Worked with Restaurant Managers, Area Supervisors, and District VP on any accounting related issues they had.
- Left when Minneapolis office was closed and job was moved to Atlanta, GA.
Education
Bachelor of Science - Business Administration
Minnesota State University Moorhead
Moorhead, MN 08.1997 - 05.2001
Skills
Microsoft Office
undefinedTimeline
Assurance Manager
EisnerAmper LLP
06.2022 - 06.2023
Finance Manager
Cenovus Energy
07.2021 - 06.2022
Controller
Encompass Energy Services
02.2019 - 07.2021
Assistant Corporate Controller
Charter NEX Films
05.2015 - 12.2018
Assurance Supervisor
McGladrey LLP (now RSM)
01.2012 - 05.2015
Accounting Supervisor
Saint Louis County Auditor’s Office
03.2010 - 01.2012
Certified Public Accountant
Robert Half
07.2008 - 03.2010
Audit Associate
KPMG LLP
08.2007 - 07.2008
Assistant Controller
HomeVestors Of America
01.2007 - 08.2007
Audit Associate
Grant Thornton LLP
09.2005 - 12.2006
Senior Accountant
UnitedHealth Group
08.2004 - 08.2005
Staff Accountant
RTM Restaurant Group
02.2002 - 07.2004
Bachelor of Science - Business Administration
Minnesota State University Moorhead
08.1997 - 05.2001
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