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Expertise in development of banking/investor relationships, improvement of operational efficiency, financial reporting, due diligence, system conversions, creation and disposition of businesses, tax strategies and compliance, and internal/external audits. Early professional background included six years of diverse public accounting, audit, and tax experience. BBA in Accounting. Certified Public Accountant. Core competencies include: » Forecasting and investor relations. Able to distill, translate, and communicate complex financial data to non-financial executives and investors. At Atlanta Community Food Bank, led the organization through $94M in New Markets Tax Credit (NMTC) transactions with over $20.7M in subsidy benefits, including board and stakeholder training and communications. Transitioned the organization from static annual budgets to rolling forecasts, allowing for better-informed pandemic response and governing board communication on significant spending increases and applications for assistance. » Business and operations planning. At Ivan Allen, controller for a business with 25 corporations totaling $125M in sales. Managed the merger of 24 subsidiaries into one parent company. At Renfroe, CFO for a business with up to 11 companies, 15 divisions, and three joint ventures. Drove the $55M divestiture process of two divisions. At Habitat, oversaw the bid process that saved 35.7%, or $100k/yr., in healthcare premiums.» Accounting and management reporting. Adept at providing accurate, timely financial reporting to executives, lenders, investors, and auditors. At Renfroe, translated the CEO’s vision for proposed projects into forecasts and explanations to promote the vision to other stakeholders. At Renfroe and the Food Bank, instituted fast-close procedures, leading to approximately 80% improvement in delivery time for monthly financial reports.
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Chief Financial OfficerFeed The Children Mar 2024 - PresentOklahoma City, Ok, UsFeed the Children is one of the largest U.S.-based charities and serves those in need in the U.S. and in 8 countries around the world. Their mission is to provide hope and resources for those without life’s essentials. Since 1979, Feed the Children has been dedicated to helping children and families. They deliver food and household essentials, offer nutrition training and clean water programs, provide school supplies, and assist in times of disaster. They operate distribution centers in Oklahoma, Indiana, Arizona, Tennessee and Pennsylvania. -
Advisory Board MemberAccion Opportunity Fund Jul 2023 - PresentSan Jose, Ca, UsAccion Opportunity Fund is a financial support system for small businesses that advances racial, gender, and economic justice for all. For over 25 years, they have served a client base that is over 90% women, people of color, and/or low-to-moderate income. Their clients’ businesses have historically had a 96% survival rate, compared to the national small business survival rate of 50%. -
Advisory Board MemberRural Development Partners Oct 2020 - PresentForest City, Iowa, UsRDP works to combine New Markets Tax Credits with bank loans and tax credit investor funds to create more favorable financing solutions than are available through conventional lending and investing. To date, RDP has used NMTC financing to help more than 40 businesses and nonprofits across the nation complete projects that provide access to quality jobs and healthy foods. RDP seeks to serve and partner with businesses, non-profit organizations, communities, and government entities that share its mission to build public-private partnerships for catalytic job growth in rural America. -
Chair Of The Board Of DirectorsProduction Consultants & Equipment Jun 2022 - Jul 2024Atlanta, Georgia, UsProduction Consultants and Equipment (PC&E) is an employee-owned company, approaching 40 years of service to the motion picture industry. They are Georgia's top provider of equipment to the film industry, offering top-of-the-line equipment, sound stages, and sales and expendables to film, television, and commercial productions. -
Financial Leaders Steering Committee MemberFeeding America Feb 2017 - Feb 2024Chicago, Illinois, UsFeeding America is the largest hunger relief organization in the U.S. with a nationwide network of more than 200 food banks, feeding more than 46 million people through food pantries, soup kitchens, shelters, and other community-based agencies. Served as secretary of the committee and co-chair of the recruiting subcommittee. -
Chief Financial OfficerAtlanta Community Food Bank May 2014 - Feb 2024Atlanta, Georgia, Us– ACFB is a high-growth $200M+/year member of the Feeding America network, distributing over 100M pounds of food per year to more than 700 partner agencies, serving 29 Georgia counties.– Negotiated $46M New Markets Tax Credit funding and $31M bridge financing for new 345k SF facility construction and infrastructure expansion. Led property acquisition; construction and outfitting of new facility; move to new HQ; and disposition, temporary lease back, and defitting of two facilities at prior HQ campus. Internal lead for Finance and Real Estate board committees. – Closed additional NMTC working capital transactions of $33M in 2021 and $15M in 2022. Subsidy benefit for all three transactions totaled over $20.7MM.– Acted as real estate lead for new pantry locations (Community Food Centers) to expand coverage in communities in ACFB's service territory. -
Vice President Of Finance And AccountingAtlanta Habitat For Humanity 2012 - 2014Atlanta, Georgia, Us– Led a team of seven for this affordable housing organization with over $75M in assets.– Managed all financial operations including accounting, budgeting, forecasting, employee benefits, insurance, risk management, workers compensation, and financial and mortgage servicing IT systems.– Managed closing, implementation and construction draws for $12.75M New Markets Tax Credit financing through a federal program that provides incentives to invest in development in economically challenged communities. -
Chief Financial OfficerRenfroe Enterprises 1996 - 2011– Managed all accounting/finance, risk management, IT, payroll/HR, and administrative operations for this private conglomerate comprised of up to 11 companies, 15 divisions, and three joint ventures in multiple industries related to real estate investment and development.– Directed computer hardware and software conversions for holding company and conversion to Timberline software for commercial construction company.– Recommended and implemented outsourcing of payroll, benefits, and human resource administrative functions, saving the management company over $60K per year.– Drove the $40M divestiture of one division to Lamar Advertising. Redeployed proceeds into previously-established LLC, including bootstrap redemption of assets from divested division, resulting in up to $10M in tax savings to stockholders.– Supervised buyout and merger of limited partners in one division into sole proprietorship and subsequent reorganizations into separate LLCs.– Facilitated three office moves, including construction of two corporate offices.– Controlled the process for a $15M divestiture. Controlled like-kind exchange process from this asset sale, including construction of three warehouses, two residential investment properties, various billboards, and acquisition of investment properties within the 45-day identification period and 180-day completion period required by the IRS.– Coached employees at all levels of the organization on career objectives; ensured best fit in staffing positions, greater employee satisfaction, and increased staff retention.– Developed and maintained excellent banking relationships and acted as liaison with numerous financial institutions for company banking, investment, and financing. Communicated effectively with banking and investment partners to explain complex financial and operational issues and strategies.
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ControllerIvan Allen Company 1989 - 1996– Ivan Allen was the largest privately-held retailer and wholesaler of office supplies, furniture and printing in the southeast. Supervised tax prep, financial reporting, accounts payable, and payroll for up to 1,000 employees in five states. – Directed two payroll system software conversions. – Recruited by the president to develop and conduct financial training classes for vice-presidents and other non-financial executives in order to improve margins on competitive bids. Also trained various minority stockholders and division heads in reading and utilizing information from monthly financial statements to improve cost controls. – Managed the merger of 24 subsidiaries into parent company and conversion to S corporation status, including fiscal year conversions, financial reporting system reprogramming, and buyout of minority stockholders, which provided more favorable tax treatment for majority stockholders and structured the company for subsequent sale to Staples. – Completed 15-month due diligence process for division and sale of company to separate buyers.
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Accountant / Auditor / Tax SpecialistEarly Career 1982 - 1989– Audit Manager | Hirsch, Babush, Nieman & Kornman, CPAs | Atlanta, Georgia | 1988 – 1989– Audit Supervisor | Windham Brannon, CPAs | Atlanta, Georgia | 1982 – 1988
Debra Holley Shoaf, Cpa Skills
Debra Holley Shoaf, Cpa Education Details
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Georgia State UniversityAccounting -
Northeastern UniversityAccounting / Finance Major
Frequently Asked Questions about Debra Holley Shoaf, Cpa
What company does Debra Holley Shoaf, Cpa work for?
Debra Holley Shoaf, Cpa works for Feed The Children
What is Debra Holley Shoaf, Cpa's role at the current company?
Debra Holley Shoaf, Cpa's current role is CFO / Board Member / Advisor.
What is Debra Holley Shoaf, Cpa's email address?
Debra Holley Shoaf, Cpa's email address is dh****@****ail.com
What is Debra Holley Shoaf, Cpa's direct phone number?
Debra Holley Shoaf, Cpa's direct phone number is +140428*****
What schools did Debra Holley Shoaf, Cpa attend?
Debra Holley Shoaf, Cpa attended Georgia State University, Northeastern University.
What are some of Debra Holley Shoaf, Cpa's interests?
Debra Holley Shoaf, Cpa has interest in Children, Education.
What skills is Debra Holley Shoaf, Cpa known for?
Debra Holley Shoaf, Cpa has skills like Financial Analysis, Financial Reporting, Accounting, Leadership, Strategic Financial Planning, Budgets, Management, Forecasting, Strategic Planning, Payroll, Financial Planning, Cash Management.
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