Scott Olsen

Accounting & Finance

Feb 7

Written By Fruitful

Director

Scott Olsen

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Scott Olsen is an experienced accounting professional with over 14 years of experience in the transportation and banking industries.

While in the transportation industry, he managed cash accounts and daily bank reconciliations, analyzed bank statements to populate an active outstanding checks list and ensure a more accurate bank reconciliation, and worked daily with the company’s financial institute to invest unused funds in an overnight asset-backed account that resulted in interest income of several thousand dollars every month. Scott also headed the daily invoice process for over $180MM in annual revenue.

In his role in banking, he reduced paper, waste, and storage by automating many of his department’s processes, working with IT to create an online upload portal to store all documents and encourage easy access in the future. This action resulted in the department’s ability to seamlessly begin working from home when the pandemic hit in March 2020.

Other duties Scott has handled in his career include accounts receivable, accounts payable, month-end, quarter-end and year-end closing entries and reports, financial statement analysis, and account reconciliations.

Scott is very detail oriented and always looking to improve company processes to ensure efficiency. He is excited to utilize his skills and background to bring value to a growing client list.