Dec 11, 2018

Eric J Tanquist

  • CFO, VP Finance, Director
  • Minneapolis, MN, USA
Full time Accounting Executive Finance Management

Personal Summary

Hands-on, results-oriented finance leader adept at decreasing costs, identifying and rectifying problems, defining and implementing new processes and procedures. Experienced and successful at working with sales and operational executive management to develop sales and promotional strategy in order to maximize revenue and profitability.

Work Experience

VP Finance
Norcraft Companies

May, 2015 – Present: A $400 million built-to-order semi-custom cabinet division of Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, with $5 billion in sales. Operations include 6 manufacturing plants across the United

States and one in Canada.

  • Vice President of Finance
    • corporate officer reporting to division president
    • financial reporting
    • operational reporting, cost accounting, manufacturing
    • worked with executive management on sales and investment strategy
    • budgeting, forecasting
    • GL, treasury, AR/AP, credit and collections
    • staff supervision – 29 people

November, 2013 – May 2015: A $400 million publicly-traded (NYSE: NCFT) company. January 2004 – November 2013: A $376 million private equity-owned company with public debt.

  • Vice President of Finance & Administration – Responsibilities same as above, plus:
    • external reporting
    • Sarbanes-Oxley compliance
    • Played a vital role in an Initial Public Offering and the filing of three S.E.C. Form S-4 debt registrations. Responsible for the filing of the Company’s first andsubsequent quarterly reports on Forms 10-Q, 8-K and 10-K.
    • income tax.
    • payroll, benefits, HR coordination
    • risk management and legal.
  • Corporate Controller (2005-2011)
    • Coordinated the establishment of all administrative and accounting aspects of the Company’s Canadian operation, including cost accounting, and payroll. Operation had approximately $22 million in sales and 225 employees.
    • Lead the vendor selection process and conversion to new primary bank, 401K, group health and annual audit providers, resulting in improved service to the company and over $1.5 million in annual cost savings.
    • Negotiated a $25 million asset-based revolving borrowing facility and a $250 million term loan, resulting in more favorable terms than expected.
  • Division Controller (2004-2005)

Education

BS, Accounting
Miami University, Oxford Ohio

Endorsements

CPA MN 1991, Active