New York, NY
Results-driven MBA and CPA with an extensive background in financial management and analysis; has maintained P&L responsibility for national and international companies with multi-site divisions and tens of millions of dollars in gross revenues. Track record of identifying and capitalizing on opportunities to maximize return on investment and create new business opportunities. Dynamic team player and leader with proven abilities in delivering effective CEO support. Diverse experience in both non-profit and for profit companies in such industries as software development, advertising, consumer products, banking, and business services. Expertise encompasses:
Financial Auditing & Consulting Accounting, Financial & Management Reporting Cash & Asset Management
Cash Flow Forecasting Budget Preparation & Administration Contract Negotiation Expense Control
Divisional Start-Up, Turnaround & Development Human Resources Payroll & Benefit Plans
Chief Financial Officer
2006 to 2011
Directed the accounting, reporting and budgeting activities of this $23,000,000 non-profit organization, providing after-school mentoring and sports and arts programs to over 50,000 boys and girls in NYC(tm)s underperforming school districts.
' Oversaw the conversion from Peachtree to MIPS, an accounting software program designed specifically for non-profits, with an emphasis on facilitating and improving the accuracy of fund reporting.
' Reorganized the accounting department to incorporate a separate cash management and budgeting department, which significantly improved the timeliness of fund expenditure reporting and the receipt of government funding.
' Improved banking relations and eliminated service charges while establishing better interest rates on our line of credit.
Director of Finance
2001 to 2006
Functioned as the sole accounting and financial administrator for this $20-million start-up software development company.
' Established the company(tm)s financial infrastructure and assumed responsibility for all accounting and reporting previously handled by outside accountants and auditors, producing annual savings of $100,000.
' Instituted an entirely new system of monthly management reporting, including comparing actual results versus budget/forecast by product line and conducting monthly meetings with the CEO and product managers, which greatly enhanced their understanding of their performance and product pricing dynamics.
' Turned a $1.7 million tax liability into a $150,000 tax credit during first year with company by (1) deferring revenue and accelerating expenses; (2) negotiating prepaid service contracts with vendors; (3) accelerating the purchase of necessary computer equipment to take advantage of post-9/11 tax incentives; and revising the geographic allocation of revenue to shift income into lower taxed jurisdictions.
Executive Vice President & Chief Financial Officer
1985 to 2001
Managed all accounting, financial, and administrative functions for one of the world(tm)s largest healthcare agencies, providing operational and financial oversight of various divisions.
' Played a key role in diversifying the company via organic growth of six new specialty divisions, which broadened the company(tm)s product offerings and circumvented product conflicts.
' Directed division development, including the hiring of their respective presidents, which played a key role in driving gross revenues from $28 million to $550 million in 16 years, ultimately accounting for 50% of the agency(tm)s overall revenues and achieving an annualized growth rate of more than 20%.
Senior Vice President & Corporate Controller
1983 to 1985
Recruited to help this major consumer advertising agency resolve a $4-million bank discrepancy, which resulted in the successful prosecution of an internal staff member.
' Provided leadership to 150 employees and managed all facets of accounting, budgeting, and tax planning as well as the operations of the production studio.
Previously employed as a Manager with Touche Ross & Co.; Assistant Corporate Controller with PepsiCo; Manager with Citibank; and Senior Accountant with Coopers & Lybrand. Also served as District Treasurer for the Rye Brook School District.
Master of Business Administration in Finance
Master in Accounting
Bachelor of Arts in Psychology
Software Skills: Excel, MIP, Peachtree, QuickBooks, Donovan Data Systems, Microsoft Word, ADP