Erik Wells has over 15 years of experience as a cost analyst responsible for $80-100 million in annual spending. He has extensive experience with financial reporting, analysis, cost control, and vendor management. Wells also has a proven track record of creating processes to support cost control strategies and ensure SOX compliance. He has specialized skills in telecommunications cost analysis and dispute resolution.
1. Erik Andrew Wells
417 Old Tennessee Hwy
White, Georgia 30184
erikw@mindspring.com
404-748-8353
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Summary
Cost Analyst responsible for $80 - $100MM annual spend: cost control, financial reporting & analysis, dispute
initiation, financial support for operations strategy, vendor management, contract negotiation and budget preparation.
Extensive accounting experience: month-end close, journal entries, trial balance and account reconciliations for
accruals and material vendor balances. SOX compliance and support for internal & external audit teams. Proven
ability to create and refine month-end reporting processes using data from multiple sources to support information-
driven cost control strategies.
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Specialties
Highly proficient with Microsoft Excel and Microsoft Access, RazorSight, Oracle, Great Plains and Business Objects.
Working knowledge of Visual Basic and SQL. Extensive experience preparing journal entries, month-end close
processes, vendor disputes, provisioning and inventory control. Telecom billing software and portals: AT&T,
Verizon, Sprint, Level 3, Equinix. Knowledge of DSL, ATM, VoIP, SONET Ring, colo, dedicated & point-to-point
circuits, wireless devices and conferencing, toll-free usage & IVR menu-routing charges (call center) - cost per minute
& cost per call analysis, minutes per call, features per call and call volume patterns.
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Experience
Komatsu America, Inc. 2015
Data Migration – Contract
Migrate Komatsu training transcripts into new Learning Management System
Verify accuracy of exported data, scrub and import
Develop and maintain high degree of insight into the goals of this project
Drive project to meet deadline
EarthLink Business Inc. 1998 - 2014
June 1998 – March 2014: Cost Analyst, EarthLink Business
Provide accounting support, reporting and analysis for Consumer COR telecom expense
including variance explanations and accruals for risks and opportunities.
Support vendor relations management team in contract negotiations.
Prepare month-end entries for cost of revenue expense
Support internal and external audits - Sarbanes-Oxley compliance.
Support and assist database architects to develop systems for cost control, reporting & analysis.
Reconcile telecom inventory against vendor billing, initiate and resolve disputes.
Provide financial reporting & analytical support to internal contract negotiation team.
Analyze, report, and accrue short- and long-term telecom risks and opportunities.
Perform special projects and prepare ad-hoc analyses to support cost-saving initiatives for call
centers and operational organizations.
Identify, initiate, and resolve vendor billing disputes.
Create vendor billing audits to reduce late fees, misapplied payments, and balance transfers.
Disputed $1.2MM in rate-based usage billing and won.
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Education
Bachelor of Science - Georgia State University 1992, Music Industry, including coursework in
accounting, marketing, management and economics.
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Skills
Financial modeling in Excel to drive cost control and support business strategy.
Strong competency in cost reporting for contract rate enforcement and fulfillment tracking.
Strong knowledge of wholesale telecom products & services: fiber, ATM, DSL, Colo, OC-48, etc.
Six Sigma Orange Belt & Completed Staff Work training certificate.