Manager Management

Steven Katz CPA (Inactive)

**** ********* ****** *. #*** ( Mendota Heights, MN 55118 651-***-**** (

abl33w@r.postjobfree.com ( Page 1 of 2

Qualifications

Decisive, detail-oriented professional equipped with over 20 years of

experience in accounting and auditing for both large public corporations

and small, privately held businesses within the financial services,

banking, and retail sectors. Creative thinker and quick decision maker,

able to see big picture as well as identify and correct areas in need of

improvement, leading to significant cost and time savings. Offers

demonstrated talents in hiring, training, supervising, and evaluating top-

performing employees. Proficient in Microsoft Office Suite, Peachtree

Accounting Software, Access, and various flowcharting, statistical

sampling, and audit related programs, including ACL. Additional areas of

expertise include:

Budgeting Expense Control Recruiting/Interviewing

Loss Prevention/Control P&L Responsibility Policy/Procedure

Development

Process Improvement Regulatory Compliance Document Preparation

Selected Highlights

. Grew the audit department at SUPERVALU, Inc. in Eden Prairie from six to

ten staff members in order to keep Sarbanes-Oxley knowledgebase in-house

rather than continuing to use contractors.

. Helped convert the time reporting system at SUPERVALU, Inc. in Eden

Prairie from Excel to an Access database and simplified the time codes

used.

. Identified and made recommendations on how to correct an issue with

potential legal ramifications related to stock options.

. Selected for and managed a highly visible audit related to vendor funds,

which resulted in a process to recover missed promotion revenue.

. Greatly improved the accuracy and quality of workpaper documentation by

transitioning from auditing using prior workpapers to risk-based

auditing, which stopped mistakes from reoccurring and led to better

trained auditors.

. Performed an overall organizational risk assessment for a company 50%-

owned by Land O'Lakes, identifying significant areas of risk and

providing senior management with recommendations on how to improve

controls.

. Selected to work on a "reverse" due-diligence project by senior

management related to the sale of a company owned by Land O'Lakes.

. Converted a manual check process to Peachtree accounting software and

designed a check to be used, which saved time and money on ordering check-

stock. In addition, there were far fewer voided checks and better

numerical sequence control.

. Worked on preparing an "Offering Memorandum" to attract new investors and

prepared all financial information related to the eventual sale of a

company.

. Saved a company millions of dollars on an initiative to upgrade software

from DOS-based to Windows-based after leading an audit/investigation that

uncovered many improprieties. Managed two significant fraud

investigations, which resulted in terminations and/or prosecutions.

Work Experience

SUPERVALU, Inc. - a publicly owned retail food/wholesale distribution

corporation with annual sales of more than $44 billion

( Manager, Internal Audit 2007-2009

Prepared annual audit schedules and hired, trained, and mentored a staff of

eight direct reports. Scheduled, staffed, coordinated, and reviewed

Sarbanes-Oxley Section 404 and 302 testing, including quarterly

certification of financial statements and representation letter review.

Worked with senior auditors in planning internal audit engagements.

Reviewed audit work papers and reports.

Land O'Lakes, Inc. - a national farmer-owned food and agricultural

cooperative with annual sales of over $12 billion

( Manager, Corporate Audit 2005-2007

Prepared quarterly audit schedules and hired and trained staff for the

department and various individual projects. Developed an annual

departmental budget. Supervised three direct reports and a total staff of

nine auditors. Reviewed audit planning documents, workpapers, and audit

reports. Conducted quarterly and annual performance reviews. Participated

on the company's management team and fraud committee.

Steven Katz

651-***-**** ( abl33w@r.postjobfree.com ( Page 2 of 2

Work Experience, continued

Crestmark Commercial Finance, Inc. (formerly Manchester Commercial Finance

LLC) - an asset-based commercial lender with approximately $25 million in

loans

( Controller 2002-2005

Prepared all monthly, quarterly, and annual financial statements. Performed

all accounting functions. Made annual company projections by office

location and performed monthly variance analysis of plan to actual,

providing explanations for significant variances. Maintained and renewed

all company insurance policies and office leases, and prepared workers'

compensation reporting. Managed company individual insurance coverage and

401(k) plan participation, eligibility, and contributions. Coordinated

annual audit and tax return preparation with external CPAs. Reported debt

covenant compliance to the bank on a monthly basis. Put together all the

numbers for the eventual sale of the company. Also prepared documents

reflecting projected portfolio run-off in order to assess what the payments

would be over time to the former owners.

AgriBank, FCB - a $63 billion wholesale bank to the 7th Farm Credit

District

( Senior Operations Auditor 1996-2001

Planned, performed, and documented fieldwork, supervised staff during

audits, reviewed workpapers, made necessary corrections, and wrote reports.

Assigned to special projects, which included assessing the relationship

with an insurance intermediary and flowcharting the loan origination, loan

processing, and payroll processes at Farm Credit Associations. Responsible

for in-bank and Association audits. Interviewed audit department job

applicants. Mentored new auditors. Delivered numerous COSO presentations to

senior management. Solely responsible for the financial statement tie-out

process.

( Staff Auditor 1993-1996

Performed in-bank and Association audits. Documented, flowcharted, and

assessed controls for cash receipts and disbursements and wire transfer

processes for Farm Credit Leasing and AgriSolutions. Coordinated client

assistance with external auditors for annual year-end audits. Worked with

other auditors on financial statement tie-outs.

Wilkerson, Guthmann & Johnson, Ltd. - a high quality local CPA firm

( In-Charge Accountant/Engagement Coordinator 1990-1993

Planned and staffed engagements of small, privately held businesses within

the distribution, real estate, hospitality, transportation, and non-profit

industries. Prepared engagement budgets, performed and documented

fieldwork, and supervised staff and reviewed workpapers. Prepared financial

statements and footnote disclosures in accordance with Generally Accepted

Accounting Principles (GAAP). Drafted management letters and various

governmental reports, compiling all management letters into a "Management

Letter Book." Performed the firm's internal inspection.

Previously served as a Senior Accountant for Ernst & Young and as a Staff

Auditor for Richfield Bank & Trust.

Credentials

Bachelor of Arts, Business Administration/Accounting, University of St.

Thomas

Certified Public Accountant (CPA), State of Minnesota (License Inactive)

Minnesota Society of CPAs - Member since 1989

American Institute of Certified Public Accountants (AICPA) - Member since

1989

Institute of Internal Auditors (IIA) - Member off and on since 1981

Attended numerous IIA, AICPA, Minnesota Society of CPAs, MIS Institute,

AMA, and in-house seminars/courses.

Contact this candidate