Edward Jeffrey Lago,MBA
*********@*****.***
Executive Profile:
A visionary, forward thinking, detailed, problem solver Financial/Plant
Controller offering 20+ years of manufacturing experience and knowledge.
Background coming from nationally known manufacturers of consumer goods
with a emphasis on cost reductions. Six Sigma, SAP, SOX and Supply Chain .
Professional Background:
Beech Nut Nutrition
2008/2009
Controller for Two Manufacturing Facilities
* Reviewed contracts and secured $250,000 in previous under billing of
energy sold to Richardson Candy.
* Successfully reduced New York Sales and Use Tax assessment from
$300,000 to $45,000.
* Negotiated settlements from vendors to recoup losses from disposed
production due to ingredients not meeting specifications.
* Lead person on cost reductions, inventory and plant audit functions.
ConAgra Foods Meat Division (sold to Smithfield Meats) 2006/2007
Plant Controller
* Responsible for all financial reporting and turn-around operations for
a large meat processing plant.
* Immediate accomplishments include providing financial support for sale
of meat division, instituting controls, improving inventory accuracy,
and negotiating payments from vendors who have not complied with
contractual responsibilities.
Heinz North America
2003/2006
Controller & Manager of Finance, Systems and Services
* Reviewing third party contracts and ensuring vendors are complying
with conditions or paying penalties. Two contractors repaid a total
of over $500,000 of overpayments from Heinz.
* Successfully secured an Iowa Sales and Use Tax Rebate for over
$1,000,000.
* Reduced staff by three positions and increased reporting to operations
providing a strong partnership between finance and all other
departments. Monthly closing schedule reduced from 7 days to 3 days.
* Responsible for cost reductions program, which reduced cost of
production on a continual basis.
* Certified graduation of Six Sigma and Lean Manufacturing Cost
Reduction and increased efficiency program.
* Completed Sarbanes/Oxley audit with lowest number of exceptions in the
Heinz North American facilities.
Bushel 42 Pasta Company 2002/2003
Chief Financial Officer
* Wrote company policies and Standard Operating Procedures, financial
controls and Human Resource policies.
* Secured state and federal grants for training, start-up operations
and job development. Receiving tax- abatements for city and state,
$500,000 in Federal Grants
* Successfully negotiated with banks for equipment and working capital
receiving over $2,000,000.
Menu Foods Midwest Corporation 1999-2001
Division Controller
* Responsible for all financial functions of a recent developed division
of Menu Foods Ltd.
* Drove cost reductions in areas of utilities, sales tax, natural gas
transportation, employee benefits and direct labor.
* Instituted financial education, training and meetings to instruct
Department Managers and Supervisors on production cost opportunities.
* Assisted in turn-around of plant from $1.5 million loss to a $2.5
million profit within nine months.
Friskies Pet Care, a Nestles Company
1996 -1999
Plant Controller and Supply Chain Manager
* Implemented cost savings programs in raw materials and storage.
* Appointed Supply Chain Manger functions and obtained an 82% reduction
in warehouse damage within six months.
* Member of Corporate Teams for B.E.S.T. (i.e. Better Excellence through
Systems Technology), Systems Integration Team and Corporate Account
Payable Conversion Team.
Kraft General Foods Corporation
1989 - 1996
Oscar Mayer Division
Senior Financial Cost Accounting Supervisor
* Responsible for all cost accounting functions, internal controls,
accounts payable, payroll and general ledger postings for a large
manufacturing food plant.
* Suggested and implemented cost reductions, performed capital equipment
financial analysis, ran financial systems conversions and general
accounting functions.
* Performed and supervised reporting of variances to standards and
yearly budget development.
Kraft General Foods Corporation
Cheese Division
Plant Controller
* Responsible for all financial, human resources, purchasing and systems
functions for a small cheese manufacturing plant.
* Heavy involvement in Total Quality Management and assisted in several
Natural Teams to obtain cost reductions, improve workflow and better
utilization of resources.
Additional Professional Experience:
Assistant to Chief Auditor, First Vermont Bank and Trust, Rutland, Vermont
Corporate Senior Audit Officer, Bay Banks, Boston, Massachusetts
Education:
Michigan State University
Masters of Business in Financial Administration
3.4 G.P.A.
Bachelors of Business Management and Administration 00
Graduated with Honors