03.i Patricia Lange EDA ApplicationCommittee or Commission Application
Name *Address *
Phone *Email *
Residency *
Committee or
Committee *
Have you served on
any Scandia
Committee or
Commission in the
past?*
Experience
Special Interests
Volunteer History
Optional
In accordance with M.S. 13.04 Subd. 2 we must inform you of your rights as a subject of government
data. The information you give us about yourself is needed to identify you and assist in determining your
suitability for the positions(s) for which you are applying. The information that we collect about you is
Patricia Lange 13431 182nd Street N
(
5 years
How long have you been a resident of Scandia?
Select the Committee you are applying to:
Capital Investment Committee Parks and Recreation Committee
Planning Commission Tourism Committee Wastewater Committee
Yes
No
List any governmental, service organizations, or professional activities which you have been or currently are
involved in:
Molin Concrete Products (Controller)
IMA- Certified Managerial Accountant
Ramsey County Election Judge
List any of your special interests, activities or hobbies which you have that would apply to this committee:
I am interested in applying my business knowledge to the Scandia
Economic Development Authority. My experience in supporting new
businesses and understanding accounting and finance would help
this committee and the City of Scandia as it plans for future
development.
In what volunteer activities have you participated? What was your role?
Women Venture (instructor, consultant for small business owners)
Prepare and Prosper (tax preparer, tax reviewer)
Camp Northern Lights YMCA Family Camp Community Board
Member ( Mission Advancement Committee, Buildings and
Properties Committee)
You may attach a resume. The selection process will vary according to the number of applicants and vacancies.
Your application will be kept on file for one year.
P _Lange_Resume_2.25 SEDA.docx 31.11KB
Economic Development Authority
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including information of a confidential or privileged nature. I hereby release the City and any
organization, company or person furnishing information to the City, as expressly authorized above,
from any liability for damage which may result from furnishing the information requested.
Signature *Patricia Lange
Typing your name in the box will be considered an electronic signature
Patricia Lange, CMA, MBA
13431 182nd Street N, Marine on Saint Croix, MN 55047
Software Skills:
Excel Advanced, Sage Accounting Software, Powerpoint, Word, Outlook, Office 365, Access, Crystal
Reports, Eliplan, Laserfiche, Certify, Concur, SLQ Developer, Power BI, Pronovos Analytics & Ops Manager
Professional Experience:
Molin Concrete Products, Lino Lakes, MN 2018- Present
Controller
Duties:
- Budgeting, forecasting, and cash flow analysis
- Financial reporting, analyze financial results, analyze key performance drivers
- Develop and manage key financial and manufacturing metrics for Power BI Dashboard
- Develop and manage standard costing system for manufacturing
- Inventory valuation and adjustments
- Responsible for general ledger, monthly close
- Establish, maintain, and coordinate accounting and accounting control procedure
- Recommend and implement continual adoption of new technology to streamline processes
- Develop annual operating budget, specific budgets, and fiscal aspect of program plan
- Recommend, develop and maintain financial software, and manual filling systems
- Create, analyze and present financial models related to budget and forecast
- Develop, coach and manage accounting staff
- Manage accounts receivables, collections and contract implementation
- Forecast and manage annual capital equipment and software purchases
- Manage costs for workers compensation and general liability insurance
- Managed IT hardware and software (2018-2019)
Achievements:
- Improved quality of revenue monthly through an automated system (2021)
- Decreased the cash conversion cycle, and moved 50% of contract assets into accounts receivable on the
balance sheet. This improvement increased the company’s cash position significantly. (2022)
- Designed and implemented paperless AP system (2019)
- Designed budget process and related financial statement reporting for departments to manage indirect
costs (2018)
- Designed and implemented automated costing system to recognize costs and revenue at the time of
production based on the percent of completion method. (2020-2021)
- Designed reporting around new cost system to track project profitability (2021-2022)
- Redesigned the standard cost structure for all product types (2020)
- Moved 99% of AP payment transactions to outsourced systems (ACH, Outsourced Check Writing)
(2020)
- Created a process in AR to improve collections that reduced invoices over 90 days by 50% and invoices
over 120 days by 80% (2021)
- Designed and implemented new billing process to bill for product as it is produced (2021)
- Coached employees to implement expense management software (2021)
- Managed an in-house team to work remotely through the pandemic, and brought them back to the office
when it became safe (2020-2021)
- Completed LEAN Training (2021)
- As the Molin Employee Engagement Committee Chair, I lead and organized multiple all employee events
in 2021 and 2022, and virtual events throughout the pandemic.
Mesabi Control Engineering, Oakdale, MN 2012-2018
Controller
Duties:
- Budgeting, forecasting, and cash flow analysis
- Financial reporting, analyze financial results, analyze key performance drivers
- Research and data mining related to job costing
- Responsible for general ledger, monthly close
- Establish, maintain, and coordinate accounting and accounting control procedure
- Recommend and implement continual adoption of new technology to streamline processes
- Develop annual operating budget, specific budgets, and fiscal aspect of program plan
- Maintain bill-of-material costs. Review BOM, approve purchase orders for parts
- Recommend, develop and maintain financial software, and manual filling systems
- Annual internal business valuation for buy-sell agreement value and insurance purposes
- Create, analyze and present financial models related to budget and forecast
- Supervise accounting staff
- Oversee domestic and international logistics
- Forecast and manage annual capital equipment and software purchases
- Administer software contracts including Visual Studio (MSDN), AutoCAD, Sage, Project, Office 365 and
all Microsoft products.
Achievements:
- Point person for business acquisition due diligence audit (2017)
- Point person for financial reports related to purchase agreement and business valuation by third party
broker (2017)
- Directed search and analysis for new business insurance provider, implemented change to new
provider for professional liability and workers compensation (2016)
- Directed development of 401K Plan, implemented change from SIMPLE IRA to 401K (2016)
- Developed a business valuation model, wage cost analysis model, model for analyzing profitability of
annual support agreements and a cash flow model (2014)
- Managed transition to Office 365 for email and office product access (2015)
- Directed Microsoft Licensing Audit with no additional payout (2015)
- Implemented online expense reporting system (2014)
- Implemented direct deposit for in house payroll (2013)
- Managed 120% growth in purchasing (2012)
- Managed 100% growth in invoicing (2012)
Mesabi Control Engineering, Oakdale, MN 1999-2012
Accountant/Office Manager
Duties:
- Prepare month end journal entries, financial statements, monthly closing, annual closing, job closing &
cost accounting reports
- Account reconciliation, general ledger entries
- Assure accounting policies acceptable under GAAP
- Percent of completion revenue recognition adjustments
- Payroll, payroll taxes, sales and use taxes, reduced penalty payments to zero
- Accounts payable (A/P), invoicing (A/R), processing receipts, and tracking expense reports
- Parts purchasing, and job costing
- Research and implement employee benefits maintaining coverage while keeping costs level
Achievements:
- Developed controls and procedures that reduced loss on jobs due to over purchasing by 15%
- Lead several external sales & use tax audits with minimal payout
- Developed a percent of completion model for monthly revenue adjustment calculations
- Designed and executed Access program to track customer maintenance requests capturing 90% of time
spent on maintenance and support
CERTIFICATION
Certified Management Accountant, CMA. Certified by the Institute of Management Accountants
EDUCATION
Metropolitan State University (MnSCU), Minneapolis, MN 2012-2014
Continuing education in accounting & finance
Metropolitan State University (MnSCU), Minneapolis, MN 2005-2011
MBA with a concentration in Finance, 3.93 GPA
Loyola University Chicago, Chicago, IL 1986-1991
B.A.
Other Experience
- Volunteer Community Board Member for the Y of the North Camp Northern Lights, Mission
Advancement Committee, Buildings & Properties Committee (2020- Present)
- Volunteer Alternative Council Member for Minneapolis Chapter of the IMA (2020- 2022)
- Finance committee member and volunteer tax advisor for The Show (2015-2017)
- Volunteer at Prepare & Prosper as a Self-Employed Tax Preparer, and Reviewer (2014-2018)
- Ramsey County Election Judge (2016- 2018)
- Volunteer at Women Venture as an adjunct finance instructor and consultant (2014-2015)