Paul Elder

About Paul Elder

Hello Everyone! I\'m Paul, a meticulous and diligent professional with expertise in…

Experience

1. Vice President Finance & Accounting

   Meyer

   Apr 2021 — Present

   At Meyer Corporation, I function as Vice President of Accounting and Finance to oversee a department of 21 people for a privately-held cookware business. It is worth mentioning that I identify roadblocks during the month-end process to improve closing time by three full days. I am assigned the task of leading multiple employees, including a senior director, three senior accountants, three accounts payable, six accounts receivable, and chargeback collectors, import/export documentation/management, and financial reporting. My duties comprise of reducing operational costs and developing technology usage, utilizing and forecasting IBM Workspace Analytics while implementing month-end software to minimize closing times and headcount. I am also responsible for directing constant transformation for systems to enable inter-systems communications, replace manual data entry, and optimize operating systems, such as ERP, budgeting, forecasting, and payroll. I am involved in managing 21 people and reviewing audits, notes, and financials before sending them to tax preparers. Below listed are some of my achievements within this role: • Administered a $400M construction business under Blue Mountain Construction to build homes and facilitate living complexes. • Nominated to become a member of the Board of Directors committee as Treasurer in September 2021. • Conducted review of a current broker and enhanced abilities to identify savings of nearly $5M within the next 3 years by implementing a self-insured medical plan, along with coordinating cross-functionally with HR and broker. • Oversaw a real estate portfolio of over $85M, including rental properties and commercial Real Estates, resulting in identifying a tenant underpaying Market rate by $250K per year. • Inherited non-health insurance-related programs for general liability, EPLI, D&O, Workers\' Comp, Recall, and Product liability, along with successfully recognizing ways of reducing premiums by $300K on annual basis.

Education

• UNLV Lee Business School

  BS, Business Management

  1987 — 1990

• Saint Mary's College of California

  Master of Business Administration (M.B.A.), Finance

  1992 — 1993