CFO/VP

KENNETH L. MARKS

***** ***** **** *****, ****** Park, IL 60467

708-***-**** oozxbj@r.postjobfree.com

CFO / VP FINANCE

Financial Analysis / Capital & Operating Budgets / Cost Controls / Audits / Margin Improvements / Systems / SAP / Planning / CPI / Team Building / Accounting Management / Reporting / Consulting

Proven track record of establishing and implementing strategies, policies and procedures to enhance productivity and profitability in nonprofit and commercial sectors. Acknowledged as a champion for change, business process improvement and managed growth, I have been responsible for corporate budgets to $800M and staff to 140.

With broad experience in accounting, finance and corporate governance, I can readily contribute by:

- Reengineering business processes and delivering bottom-line results

- Guiding ownership in making informed financial decisions

- Analyzing situations rapidly and introducing change smoothly

- Meeting demanding objectives and delivering against tight deadlines

I am known for my ability to develop effective alternatives, easily win people’s confidence and readily handle rapid change. I earned an EMBA from Northwestern University and a BS in Accounting from the University of Illinois, Chicago. I am certified as a CPA by Illinois.

SELECTED ACCOMPLISHMENTS

Cut $4.2M in expenses at Douglas Shaw. Costs and infrastructure had been added to support potential new sales and clients that did not materialize. Led full line-item review of budget. Identified non-essential expenses, reducing through cutting, elimination and attrition. Realized 26% cost savings, bringing company into the black.

Took Kehe Foods from red to black. Company lacked accounting-related procedures, reducing margins. Recruited to implement a program of tight controls. Identified margin percentage required to return to profitability. Monitored sales and marketing adherence to process. Returned company to profitability in 12 months.

Generated $70K cash flow. Douglas Shaw lacked ability to track real-time job cost and client-cost information. Led cross-functional implementation team, installing COTS software. Developed and kicked-off “go live” plan. Identified $50K in unbilled revenue and $20K reduction in excess travel and client-project overtime.

Turned around product line profitability. Portion of Corn Products business was unprofitable. Determined it was being treated as a byproduct instead of a head product. Managed production optimization of higher margin items. Reallocated sales to higher-priced customers. Recorded $20M profit from $1M prior year loss.

Led successful ERP implementation. Corn Products faced integration of business data, following acquisition of Canadian affiliate. Assembled cross-functional team to address issues. Sourced, tested and selected SAP for company-wide execution. Delivered enterprise-wide real time system and eliminated data redundancies.

Increased Kehe cash flow 21%. Company faced negative numbers. Implemented credit review of each customer and new prospect. Eliminated free-wheeling sales approach. Offered cash discounts to vendors and executed payables on last eligible day. Improved cash balances, reducing need to borrow and saving on interest expenses.

CAREER HISTORY

VP/CFO, Douglas Shaw and Associates, Inc., 2007-2010, $12M full-service fundraising counsel for nonprofit organizations. Key member of Senior Leadership team, providing early warning of any financial issues.

CFO/Controller, Kehe Food Distributors, Inc., 1999-2007. Responsible for A/R, A/P, Credit and collections, billing, vendor bill back accounting and deduction management. Direct oversight for budgets, fixed assets, cost accounting, treasury, ESOP valuation, audits, insurance, inventory control and equipment leasing and financing.

Corporate Director of Domestic Taxation, CPC International, Inc., 1998-1999. Relocated tax function from New Jersey to Illinois. Successfully established the corporate tax compliance calendar.

Earlier: Increasing responsibilities and career progression at CPC International to Director of Accounting and Admin Services.

Personal: I enjoy softball, bowling, fishing and motorcycling. I also volunteer in my community at PADS (Public Action to Deliver Shelter).

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