Scott Nelson

Norwood Young America
28 Years of Experience

About Scott Nelson

Scott is a strategic and detail oriented financial executive with over 25 years of experience. He has functioned as controller, vice president of finance and as president at 2 companies. He is a hands-on positive leader and team player with excellent interpersonal, communication and problem solving skills. He possesses the unique ability to help employees see the big picture and how their job performance impacts the business.

Scott enjoys working with privately help businesses with revenues from $2 to $20 million. He was instrumental in the sale of an automation integrator to a strategic buyer and in the transformation of a privately held business into an ESOP. He is passionate about employee ownership and teaching them about having a stake in the outcome. During his career, Scott has been involved with companies in many different industries including:

  • Manufacturing: electronics, medical, fabrication, injection molding, screen printing, machining
  • Job shops: fabrication, machining, injection molding,
  • Construction: Commercial and Civil
  • Engineering
  • Distribution: B2B, B2C
  • Retail
  • Security systems
  • Commercial equipment rental
  • Non Profits

Scott’s skill set goes beyond accounting and includes the following:

  • Budgeting, forecasting and projections
  • Cash management and planning
  • Financial statement preparation and analysis
  • Strategic planning and implementation
  • MRP, ERP, CRM and accounting systems
  • ESOP design and administration
  • Human Resources, payroll, benefit administration
  • Information Technology, Networking, Cloud Storage and disaster recovery planning
  • Sales management, marketing / branding, proposal development
  • Developing scorecards and KPI’s
  • Vision, Mission and Core Values (EOS®)
  • Equipment justification metrics
  • Banking, auditor, vendor and insurance relationships
  • SWOT Analysis
  • Due diligence

Scott received his Bachelor of Arts in accounting from the University of St. Thomas. He holds a Minnesota CPA license (Inactive), is a member of The Minnesota Society of CPA’s, The AICPA, Financial Executives Network Group, Omicron Delta Epsilon (Economic Honors Society) and The National Center for Employee Ownership.

Scott resides in Norwood Young America with his wife Jean where they raised 4 children and are fortunate to have 6 grandchildren. Scott enjoys playing tennis, working on their Victorian home, spending time with his family and working on anything cool with a motor in it. He coached his children’s basketball teams for many years and served on the Norwood City Council, Norwood Planning Commission, The Norwood Young America Merger Finance Committee and Church Council.

Other Info

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