Manager Plant

Craig Shaefer

CFO, SAP, SAP Setup, Finance, Cost Accounting

Greenwood, SC

*****.*******@*****.*** - 765-***-****

CFO/Controller who has demonstrated the ability to lead diverse teams to new levels of success in fast paced environments within the meat industry. Strong technical and business qualifications with over twenty years progressive experience in retail accounting, public accounting, production accounting, operational analysis and financial analysis. Proven ability to lead large projects that involve multifaceted objectives across an organization, on a tight timeline. Extensive computer and systems knowledge. Self-starter that has organized and completed difficult projects when others could not. Willing to relocate: Anywhere

Authorized to work in the US for any employer

WORK EXPERIENCE

CFO

Carolina Pride Foods - Greenwood, SC - November 2015 to July 2016 CFO – Chief Financial Officer, VP of Finance

Recruited to help turn the company around after a series of unfortunate items happened. Privately held company. Banking relations had fallen apart and changes in ownership have made the situation worse. Restructuring the company through segment analysis and profitability. Managing Cash Flow, Income Statement, Balance Sheet, Budgeting, Forecasting, Investments, Banking relations, Insurance, Owner/Board Expectations. Managing IT, AR, AP, Collections, Standard Costing, Accounting staff. Company at 950 employees.

Controller

Smithfield Foods - May 2004 to November 2015

Responsibilities

Smithfield Farmland Foods, Kansas City, Missouri May 2004 – Nov 2015 Plant Controller – Kinston, North Carolina, October 2013 – Nov 2015 Asked by Company President and CFO to move to Kinston to be the Controller for the largest Packaged Meats plant in the US. Plant variances have improve over $11 Million from prior year. Prepare, analyze, and communicate all plant expenses, variances, and production costs to plant operations and corporate senior management. Prepare and analyze product profitability for the plant. Determine capital expenditure payback information. Oversee that Sarbanes-Oxley regulations are followed at the plant. Ensure that product costs, inventories, and ledgers are accurate. SAP Super-User. Help maintain computer infrastructure at the plant. Supervise a staff of five in Billing, Payroll, Yield Reconciliation, and Accounts Payable. Plant employees: 800 hourly, 120 Salaried.

Corporate Cost Accounting Manager – Kansas City, Missouri, March 2010 – October 2013 Direct eleven plants standard costing procedures and corrections. Prepare year-end margin targets for sales force. Analyze different Activity Based Costing methods for allocating overhead cost to the product level. Work with SAP BW to pull together different reports to illustrate profit & loss and cost opportunities to the executive team. Forecast variances and Profit Before Interest and Taxes (PBIT) results weekly, monthly, quarterly, etc... Regularly consult or trouble shoot problems within SAP. Provide Operations with analysis of expenses, variances, and sales information. Review payback information on capital projects. Prepare information used for hedging inventories. Work with Auditors to ensure Sarbanes-Oxley requirements are met. Plant Controller – Monmouth, Illinois March 2005 – March 2010 Integral part of setting up four companies, which included six plants, on SAP along with getting reporting procedures and internal controls place. Consulted on three plant setups with another Independent Operating Company, Smithfield Foods. Consistently lead discussions and proposals for changes to operational accounting for twelve plants. Prepare, analyze, and communicate all plant expenses, variances, and production costs to plant operations and corporate senior management. Prepare and analyze product profitability for the plant. Determine capital expenditure payback information. Oversee that Sarbanes-Oxley regulations are followed at the plant. Ensure that product costs, inventories, and ledgers are accurate. SAP Super-User. Help maintain computer infrastructure at the plant. Supervise a staff of nine in Billing, Payroll, Yield Reconciliation, and Hog Procurement.

Assistant Plant Controller, Wichita, Kansas May 2004 – March 2005 Prepare, analyze, and communicate Weekly Plant Variances to Local and Division Management. Assist with month end expense accruals for the plant. Maintain Standard Costs and Bill of Materials within SAP. Help maintain accuracy and valuation of inventories throughout the plant, including Spare Parts, Finished Goods, Work-In-Process, Packaging, Ingredients, and Assets. Coordinate daily reporting for Operations and participate in calculating material Yields, Labor, and Overhead variances. Proactively identify and assess opportunities for improvement throughout the plant. Cost Accounting Manager

Indiana Packers Corporation - Delphi, IN - March 2001 to May 2004 Responsibilities

Cost Accounting Manager – Maintain yield programs and yield standards. Developing new Work-In-Process coding system for accurate reporting. Maintain and develop Hyperion Essbase cubes and reports. Produce weekly, monthly, quarterly, and yearly Profit and Loss Statements. Set pricing models for sales department. Provide daily gross margin estimates. Maintain cost accounting system which includes cost analysis, variance reconciliations, and cost of inventory. Maintain perpetual inventory. Provide feasibility analysis for products. Assist with Monthly Closing process. Assist with budget preparation. Supervise two yield clerks. Audit Manager

Agri Stats, Inc. - Fort Wayne, IN - December 1997 to March 2001 Responsibilities

Audit Manager – Instrumental in developmental phases of new turkey reporting system. Helped create comparative statistical reports and calculations for Sales, Processing, and Live production programs. Created audit programs for new turkey analysis system. Analyze general ledgers, financial statements, payrolls, staffing, and production statistics.

Audit Specialist Manager – Supervised the production of weekly, monthly, quarterly and annual reports for the chicken industry. Advise and consult companies on operational and process cost savings using comparative statistical analysis. Analyze general ledger financial processing data for 180 separate corporate locations. Supervised six degreed Audit Specialists.

Accomplishments

Helped get programming done on developing new Turkey program and involved with getting clients setup on the new system.

Cost Accountant

Butterball Turkey Company, LLC - Carthage, MO - September 1996 to December 1997 Responsibilities

Cost Accountant – Prepared weekly and monthly plant results. Assisted Controller with closing books. Created data collection and accounting for new cooking operation. Restructured inventory system for accuracy. Supervised eight staff in accounts payable, accounts receivable, inventory, data processing and payroll. Acting Cost Accounting Manager for fiscal 1997 and part of fiscal 1998. Maintained the direct standard cost system for the Plant. Analyzed and reported variances to standard and savings projects. Preformed special project and contract analysis on demand. Novell System Administrator- Controlled access and programs on the system. EDUCATION

Master's of Business in Accounting

Liberty University

2017

Bachelor's of Science in Accounting

Missouri State University-Springfield - Springfield, MO 1986 to 1990

SKILLS

SOX (10+ years), GAAP (10+ years), Inventory (10+ years), SAP (10+ years), Financial Accounting (10+ years)

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