Paul Kloster

About Paul Kloster

At PEK Accounting Consulting it is all about the Balance Sheet. Why is that important?Because businesses have opportunities and face challenges every day. Having a financially strong Balance Sheet provides management with confidence and decision advantage for stability and growth.Paul works with management teams to build financial plans that deliver Balance Sheet strength. Building the Plan includes an evaluation of changes and variances over the previous 6 months in the key accounts:• Cash and Accounts Receivable • Inventory• Fixed Assets• Accounts Payable• Short and Long term Debt• Sales and Cost of Goods• Selling and Operating Costs And we evaluate the Accounting Plan; does the plan provide real-time financial information for decision making? Let\'s build your plan and go to work.Paul has helped build plans for companies in these industries:• Advertising and Public Relations• Education Services• Human Resource Consulting• Marketing Communications• Publishing• Retailing• Wholesale DistributionPlease visit to learn about Balance Sheet Business Management. Let\'s meet and discuss the drivers of your business objectives.

Experience

1. Fractional CFO Controller

   Pek Accounting Consulting

   Mar 2010 — Present · Minneapolis, MN, US

   Building plans and driving decisions in these areas:• Developing process to produce real-time financial information• Creating 12 and 24 month Revenue and Cost forecasts• Build a Cash Flow Plan that connects to the predictive forecasts• Working the Cash Flow Plan to maintain balance stability• Preparing and analyzing monthly Financial Statements• Evaluating actual-to-forecast variances• Installing accounting systems that align with Operations• Assessing debt levels and reduction efforts• Strengthening the banking and financing relationships• Increasing Personnel Team capability and skills

Education

• UMN Carlson School of Management

  BSB, Accounting

  1975 — 1980

• University of Phoenix

  MBA, Business Administration

  1994 — 1996

Skills

• Financial Analysis
• Finance
• Accounting
• Leadership
• Payroll
• Business Development
• Banking
• Strategic Planning
• Personnel Management
• Forecasting
• Financial Statements
• Management
• Consulting
• Process Improvement