luther salonen resume

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Construction Accounting Specialist

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Page 1: Luther Salonen Resume

Construction Accounting Specialist

Page 2: Luther Salonen Resume

Executive level financial leadership from definition of performance benchmarks to P&L management. A creative and inspirational leader known for integrity, results, and the ability to develop long-term relationships with clients, peers, and employees. A self motivated strategic thinker with the ability to analyze situations, weigh opinions, and make critical decisions.

Page 3: Luther Salonen Resume

Organizational & Approachable Leadership Cost Accounting Strategic Planning, Budgeting & Forecasting Mergers & Acquisitions Full Spectrum of Financial Reporting Software installation with Interface and

Integration Inventory Reconciliation & Analysis Timberline Software Specialist Cash Management Equipment Analysis

Page 4: Luther Salonen Resume

Construction Industry Financial Professionals, Inc. (ICCIFP) is a not-for-profit corporation established to promote the highest standards of construction financial management through the credentialing of construction financial professionals. ICCIFP is an independent, separately incorporated entity affiliated with the Construction Financial Management Association (CFMA) that issues credentials to individuals who successfully meet ICCIFP standards

Page 5: Luther Salonen Resume

Killian Group of Companies

Responsible for all Financial & Accounting departments including treasury, risk management, and information technology for a $175 million privately held multi-level diversified conglomerate

Installation of policies and procedures to produce accurate & timely management reporting.

Installed risk management system to produce an additional $1.3 million in profits over a 3 year period.

Integrated web based construction billing software to reduce staffing by two thirds for project accounting department.

Supervised installation of Point of Sale system for new retail acquisition.

Supervised IT hardware and software installation to grow from 4 servers to 28 servers with CITRIX access from 15 sites.

Member of senior management team forecasting growth, gross margins, and revenue projections as well as monitoring actual overhead costs to budgets.

Projected profit and backlog reports were installed for monthly reporting to board of directors, bonding companies, and banks along with reports for current operational profits.

Installed financial ratio and budgeting system to monitor the company’s financial health and bonding capacity.

ROI cost benefit analysis on proposed capital investments such as corporate assets, real estate, and various types of vehicles and equipment.

Installed full electronic banking and cash management system to project and monitor all cash functions. Negotiated multiple bank loans for assets, real estate, and various types of equipment. Maintained several banking alliances.

Coordinated with outside legal counsel for all legal issues and advised President.

Truss manufacturer division – accounting and inventory management.

Page 6: Luther Salonen Resume

Tony Crawford Construction

Managed and supervised all Financial & Accounting operation, Risk Management, Administration, and Employee Benefits for a national $50 million corporation

Organized, directed and improved productivity of accounting and administration. Defined performance benchmarks to produce improved management reports and financial statements. Over 300 hundred jobs underway at any given time.

401K Plan implementation for employee retirement plan. Administered all other employee benefits.

Page 7: Luther Salonen Resume

Salonen, Inc.

Manufacturing, Retail, Construction bookkeeping tax service and consulting business. Managed all operations and marketing. Employed two bookkeepers.

Timberline, QuickBooks, Peachtree, CYMA are among the software used. Timberline software specialist.

Implanted business plans and strategic forecasting for clients and handled computer conversions for several clients for more efficient reporting and management.

Instructed Cost Accounting students at Devry Institute. Developed and communicated lessons, demystified accounting and motivated students.

Page 8: Luther Salonen Resume

Ed Bell Construction Company

$40 million Heavy Construction Contractor now rated in Texas Top 100 contractors

Trained division controller in construction industry accounting, management of accounting department.

Directly handled the IT function. Mentored a unified team in accounting,

administration and human resource departments resulting in high morale, better working attitude, and the ability to set and accomplish their own goals.

Acquisition acquired and installed systems for parts inventory, sales, and service departments.

Evaluated and diagnosed problems in current training procedures for new employees, computer operations, and cross training. Executed an improved program in training and problem solving.

Computer hardware upgrade for management reporting and efficiency.

Page 9: Luther Salonen Resume

Rogers – O’Brien Construction Company

$25 million Self Performing General Contractor for Commercial & Industrial Construction

Supervised accounting department for several partnerships along with production of financial statements. Managed a profit analysis system working with Mr. O’Brien and project managers for profit projection.

Page 10: Luther Salonen Resume

Austin Steel

$20 million Designer & Manufacturer of steel beams used in high rise structures

Installed inventory and job cost system for subcontractor. Diagnosed, evaluated and modified undeveloped software. Directed the conversion of programs to a systematized integrated balanced program.

Page 11: Luther Salonen Resume

Oil City Iron Works

$15 million Oil drilling industry parts manufacturer

Supervised time studies to compare to budgets for cost accounting purposes. Coordinated monthly and annual inventory reconciliation to accounting records.

Page 12: Luther Salonen Resume

EDUCATION PROFESSIONAL AFFILIATIONS

Texas Tech University BBA – Accounting Major CCIFP – Certified

Construction Industry Financial Professional

  Institute of Certified

Construction Industry Financial Professionals

International Risk Management Institute

Institute of Management Accountants