William H Hansen CPA (Inactive) executing next level strategies for dramatic growth

Minneapolis MN 952-884-7477 whhansen01@gmail.com

http://www.linkedin.com/in/WilliamHansenCPA
Senior finance executive skilled in acquisitions, organizational development, process improvement and
strategic execution on an international scope. Hands on approach to management and operational
experience, leading to improved corporate performance for companies across a variety of industries. Success
in acquisition integration, new business development, strategic partnerships and improving organizational
efficiencies.
Seeking to apply financial management expertise, best business practices and team coaching to achieve
outstanding performance in an executive financial management position.

Acquisition Integration Successfully integrated a Canadian acquisition resulting in a 100% sales

improvement, $3M to $6M, and increasing the customer base ten fold, completing the integration
ahead of schedule and under budget.
Strategic Development Developed a customer centric strategy in Mexico which added two new
product offerings improving sales from $4M to $10M in five years.
Operational Efficiencies Improved operational efficiencies which allowed for a 25% reduction in
workforce, saved over $1.3M annually and improved customer on-time delivery performance from
72% to 95%.
Talent Enhancement Promoted hiring the best and brightest college graduates through a Career
Development Program designed to instruct new graduates in all phases of the business resulting in all
departments being led by college graduates and or MBAs by 2015.

Strengths that Impact Across the Enterprise

Business Intelligence
M&A Transactions
Equity & Debt Financing
Covenant Compliance
Cost Management

Credit & Lending

Strategic Partnerships
Asset Management
Cash Flow Forecasting
Capital Allocation

Risk Management
Financial Planning & Analysis
Forecast Modeling
Capital & Operating Budgets
General Accounting & Reporting

Developing and Implementing Financial and

Operational Strategies to Support Business Goals
Dichtomatik Americas LP Minneapolis MN
A privately held regional sealing solutions company owned by Freudenberg, Germany; specializing in oil seals
and O-ring solutions for OEMs and regional distributors in Canada, Mexico, Brazil and the United States.
The company had become stagnant and was not growing top line sales or operating profits to keep pace with
other Freudenberg divisions.
Chief Financial Officer
2012-2015
Led vision and strategies across the region including process improvements, acquisition analysis and
integration, asset management, and employee talent management and retention. Held profit and loss
responsibilities for four countries working with regional general managers to drive operating income growth.

William H Hansen CPA (inactive) executing next level strategies for dramatic growth
Chief Financial Officer
Improved RoS from 7.7% to 13.2% by growing sales, increasing profit margins and decreasing SG&A
expenses.
Developed customer centric strategies in Mexico which lead to a sales CAGR of 18.6% from 2010 to
2015 in a difficult macro-economic environment.
Negotiated and integrated an acquisition in Canada doubling sales from $3M to $6M per year.
Worked with material planning to develop strategic partnerships with foreign suppliers which
generated a 300 basis point improvement in gross profit margins through material cost savings.
Developed processes in the United States, in coordination with the depart heads and general
managers, that led to payroll savings of $1.3M per year while improving customer on time delivery by
32%.
Controller
2006-2012
Joined Dichtomatik to stabilize financial statement reporting to the regional management teams and
management organizations in the United States and Germany.
The controller had quit the company with no notice and I was hired to reconcile balance sheet accounts and
close the month end books on a very short time frame. Balance sheet accounts had not been kept in
accordance with international accounting standards and assets had been improperly overstated.

Organized monthly reporting for regional companies on three different ERP systems into one reporting
format leading to accuracy and timeliness of reporting.
Integrated three ERP systems into one financial and operational ERP system in the United States and
Canada creating an efficient inventory planning and robust financial reporting system.
Developed a departmental cooperative financial collection system which improved accounts receivable
from 72 days to 43 days outstanding, improving cash flow on an annual basis by $1.5M.
Reconciled balance sheet accounts to subsidiary ledgers, upgraded all accounts and processes to
comply with appropriate accounting standards; recording proper reserves in inventory, accounts
receivable, and fixed asset depreciation, resulting in $5M asset write off on a $29M in total assets.
Led annual audits with outside audit firms leading to no management letter comments the last three
years as controller.

Advanced Capital Corporation Minneapolis MN

A privately held financial, accounting, and leasing finance company working with small to medium sized
customers in a variety of industries. Guiding those companies to improved financial results and sound
accounting practices.
Owner

1989-2006

Currentech Computers Corporation Minneapolis MN

A regional computer distribution company which provide computer hardware, software, training and services
to medium to large corporate customers. Grew the company from $3M to $100M in sales and sold the
company to a New York investment company in 1989.
CFO/Owner

1983-1989

William H Hansen CPA (Inactive) executing next level strategies for dramatic growth
Labovitz Enterprises Duluth MN
A private investment company investing in hotels and restaurants, technology companies, oil companies, and
banks.
Treasurer

1980-1983

Main Hurdman and Cranston Duluth MN

A predecessor to KPMG who specialized in providing tax and accounting services to small to medium sized
companies.
Senior Auditor

1977-1980

Educational values have led to a life-long desire to

continue learning and instructing
Gustavus Adolphus College

1973-1977

Graduated with Bachelor of Arts

Major-Accounting and Finance
Minor-Philosophy
State of MN Certified Public Accountant (CPA)

Organizations and Activities

Basketball coach and referee
Hats & Mittens non-profit volunteer
Central Lutheran Clothes Closet volunteer
MN Society of CPAs

1978