Human Resources Accounts Payable

Thomas V. Schaffer

**** *** **** *****, **********, MO 63385

abm6gg@r.postjobfree.com Cell: 314-***-****

http://www.linkedin.com/in/tomschaffer

SUMMARY

Accomplished Financial Executive with experience in manufacturing,

construction, agriculture and health care. Key contributions include

banking relationships, human resources / benefit administration, insurance

/ purchasing negotiations, customer relations, process improvements and

credit / collections. Thorough, organized and detail-oriented.

Demonstrated leadership by example. Ability to improve processes and

accuracy through computer systems and data verification, Adept at

compiling meaningful reports to accomplish operational improvements.

Regularly use ERP software, including Solomon IV, J.D. Edwards, Peoplesoft,

Visual Manufacturing and Chilson (AgriSoft).

PROFESSIONAL EXPERIENCE

GRANITE CONSTRUCTION INC. / GATEWAY CONSTRUCTORS JV, St. Louis, MO 2007 -

2009

$3B construction company concentrating on large infrastructure projects.

Lead general contracting partner in Gateway Constructors JV with Fred Weber

Inc. and Millstone-Bangert Inc. on the $438M I-64 highway / bridge rebuild

in St. Louis.

Project Accounting Manager

Hands-on project accounting with month-end closing, financial reporting and

analysis, audit support for internal and external audits, purchasing,

accounts payable, and union payroll. Managed staff of 6.

. Analyzed subcontractor insurance certificates / endorsements and

partnered with subcontractors and their insurance brokers to assure

subcontractor compliance with demanding contractual insurance

requirements before subcontractor start of work on jobsite until

completion. Protected joint venture from uninsured claims.

. Reduced the number of steps from 13 to 4 required on new hire, changed

status and employee termination forms, training end users on use of new

procedures as part of payroll process improvement efforts.

. Created and presented new forms and procedures for the Cost Accounting

Process Improvement Team, delivering improved accrual accuracy for all

locations (97% or better accuracy with accruals normally totaling between

$3M and $5M on the I-64 project alone).

. Improved financial reporting timeliness by 4 weeks / month through the

design and implementation of monthly financial statements and related

reports.

. Reduced accounts payable staff by 1 person by creating Excel macros and

procedures to quickly import large amounts of accounts payable and

journal entries into J.D. Edwards and streamlined accrual tracking and

processing.

. Trained large project Accounting / Business Managers on financial and

equipment utilization reporting, extracting data to analyze cost, import

accounts payable into A/P module and improve accrual accuracy.

. Enhanced staff efficiency in calculating and adjusting over / under

absorption of equipment variance through data downloads and Excel

formulas, saving 2 days labor per adjustment.

. Analyzed / tracked equipment rental invoices, reducing cost by $50K+ due

to duplicate charges and incorrect bill rates.

. Hired, trained, mentored and managed staff to work together and service

the customer's needs, thereby eliminating the friction and lack of

teamwork plaguing this department.

MOARK, LLC, St. Louis, MO 2004 - 2007

$500M subsidiary of Land O' Lakes and second largest egg producer /

marketer in US.

Corporate Controller

Hands-on corporate accounting, month and year-end closing, financial

consolidation, inter-company account reconciliation and eliminations for 19

entities, including 5 c-corps and 14 LLCs, financial reporting and

analysis, 401(k) and welfare benefits administrator, fixed asset

accounting, accounts payable and audit support for 401(k) plan, self-

insured benefits programs, internal, interim and year-end financial audits.

Trained and supported company controllers with closing, account

reconciliations, benefits problems, payroll reporting and other needs.

Gathered and reported financial data for due diligence in attempted sale of

company to third parties and for merger with Land O' Lakes. Recorded the

sale of 3 legal entities. Assisted with the implementation of SOX.

Thomas V. Schaffer Page Two

MOARK, LLC, continued

. Saved $200K annually in broker fees by eliminating under-performing

insurance broker and working directly with the third party administrator

and insurance companies.

. Identified potential savings, recommended and influenced acquiring

company's payroll conversion process, saving net of $150K, including in-

house payroll processing expenses.

UNIVERSE CORPORATION, St. Louis, MO 1999 - 2003

$12M metal fabricator and erector of architectural claddings systems.

Union ironworker and non-union manufacturer and erector of aluminum

composite panels, glass, curtain wall, storefront and skylights.

Vice President of Administration and Controller

Hands-on general and cost accounting, financial reporting, audit schedule

preparation and coordination, banking relations, human resources,

negotiating property / casualty / health and welfare insurance, credit,

collections, purchasing, IT operations and logistics with staff of 6 clerks

and 1 IT professional.

. Saved $200K annually, reduced bad debt expense to 0.2% of sales and days

sales outstanding to 45 days by tracking preliminary lien / bond rights,

making collection calls and negotiating settlements, filing liens, bond

claims and lawsuits.

. Reduced health insurance cost by adjusting benefits and employee

contributions to save $100K annually.

. Directed work-related injury care, tracked losses and utilized

occupational health management group for annual cost savings of $25K+.

. Saved $50K annually by requiring competitive quotes for inbound and

outbound freight.

. Improved cash position by $100K through extensive billing modifications.

DAVLAN ENGINEERING, INC., St. Louis, MO 1996 - 1999

Davlan Engineering and related entities with sales of $15M for machine shop

products, metal fabrication, assembly, screw manufacturing, 2 non-ferrous

foundries and stainless steel Ernest Trova sculpture manufacturing.

Chief Financial Officer

Oversaw general / cost accounting, financial reporting / analysis, banking

relations, human resources, property / casualty / health / welfare

insurance negotiations, credit / collections. Implemented integrated

manufacturing, scheduling and financial systems with job costing, inventory

control, purchase tracking and automated accruals.

. Redesigned cost accounting systems and chart of accounts, improving cost

identification by subassembly, operation and part. Created detailed and

summary reporting for team analysis and potential cost savings.

. Saved $75K annually by improving interest on invested surplus funds by

50% through short-term investing.

. Changed health care provider for 1 of the 3 companies, contracted with

new prescription drug supplier and adjusted employee deductible for a 14%

savings in self insured healthcare costs; $100K annual savings.

BARNES-JEWISH HOSPITAL, St. Louis, MO 1994 - 1996

Top 10 hospital with over 12,500 employees, $1B in gross revenue.

Affiliated with Washington University.

Manager, General Accounting and Financial Reporting

General accounting, financial reporting, monthly and year-end closing,

budget variance analysis, chart of account conversion, merger of books of

the 2 hospitals, audit and tax preparation coordination. Managed staff of

14 professional accountants and support staff.

KURTZ LAFARGE, St. Charles, MO 1990 - 1994

$40M division of Lafarge Corporation with 2 limestone quarries, 13 concrete

plants, 130 ready mix trucks and greater St. Louis' largest residential

street paving operations.

Controller / Treasurer

EDUCATION / TRAINING

BS, Business Administration, Washington University, St. Louis, MO

Post graduate training in cost accounting, software, human resources and

accounting systems

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