Alternative Energy Finance & Development
Finance and development professional with demonstrated accomplishment in complex domestic and international transactions and particular expertise in business development, management, alternate energy, clean coal and finance. Experienced in negotiation and closing of large financings and leases. Managed successful turnaround of domestic manufacturer. An agile and intelligent manager. Fortune 50 experience.
Business and competitive project structuring
Project and structured finance transactions
Business strategy development & planning
Mergers and acquisitions, special projects
Proforma analysis and cash flow modeling
Acquisition due diligence and target valuation
Management reporting, analysis, and budgeting
Education
University of Notre Dame Accounting
Attended NYU Graduate School of Business finance MBA program and completed numerous internal and external management and leadership courses including diversity, targeted selection and recruiting.
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FINANCE and DEVELOPMENT MANAGER
Chemical Industry 2008-PRESENT
Position requires initiative and technical competence related to business models/structures, manufacturing operations, pricing strategies, plant expansion alternatives, licensing and M&A, both domestically and internationally. As part of the project development effort, lead financial screening and modeling, feasibility assessment and financing efforts related to gasification-based projects. Active due diligence of gasification projects and acquisitions. Negotiation of termsheets, agreements, and contracts for project financings.
Led financial analysis and modeling of domestic gasification project.
Member of Contract Review committee.
Led finanical modeling and development of gasification based chemicals facility in China
GENERAL MANAGER
Private Manufacturer 2005- 2007
Given opportunity to step into leadership position outside of core experience in a completely new industry. Led successful turnaround of this $10 million privately held manufacturer of binding materials and equipment following acquisition by private investor group until sold to competitor. Managed day to day manufacturing, sales, distribution and financial operations and coordinated multiple manufacturing and distribution sites with global distribution. Personally responsible for all budgets, plans and FP&A within this lean organization.
Developed monthly financial and operating analysis report for absentee owners and lenders.
Grew access to small office and home office market with aggressive marketing of webstore via print and web based campaign that complemented traditional trade and commercial outlets.
Managed and grew direct online sales channel revenue at average annual rate of 20% coordinating outside IT consultants and website management services. Online sales channel became #2 in revenue behind our exclusive Canadian distributor.
Increased company monthly average sales by 27% over two year period. Maintained balanced between supplies and equipment sales revenues. Introduced several new products.
Increased year to year sales and delivered average EBIT return on sales of 8% - 10%. Sales for first six months 2007 were 24% ahead of plan and 43% ahead of 2006 sales.
Independent
Business & Financial Analyst 2002 - 2005
Contracted analysis, financial modeling, company valuation, project finance, auditing, account reconciliation, forensic analyses, contract review and strategy consultation services. Clients included a select group of development, financial service and private equity firms.
Completed valuations of US and international M&A transactions in excess of $300 million.
Provided proforma audit and correction services on multi-million dollar project finance models.
Completed forensic analysis of five year extraction of 35,000 transaction records from Access database to identify missing commissions and royalty overrides.
Director Project Development EMEA
Energy Major Global Power and Gasification 1996 - 2002
Effectively functioned as the CFO of the Europe, Middle East and Africa division of Global Power division reporting to the Sr. VP. Supervised US and UK analysis staff responsible for strategic/tactical plan, budget and reporting. Maintained oversight for all analyses, modeling, planning, investment and financing activities for division. Coordinated decentralized financial analysis staff assigned to business units to ensure consistent application of financial and analytical support to business units teams and consistent strategic and tactical plan development. Held oversight responsibility for review of all capex appropriation requests, investment economics and board level presentations.
Developed currency hedging program to protect returns from fluctuations in exchange rates during the Lire / Euro transition. Lire hedge program gains resulted in 10% reduction in investment on the Italian acquisition alone.
Represented company in workout and restructuring of a $638MM Euro project financed loan default involving 78 commercial lenders. Negotiated terms, reviewed documentation, coordinated with legal and tax divisions and managed consultants.
Led negotiation and multi-discipline diligence teams on several acquisitions and alliances in European energy market including the privatization of Italian energy assets, an energy alliance in Ireland and a 400 megawatt independent power facility.
Pioneered innovative technology license option agreement that resulted in over $3.0 MM of license option revenue in Europe and new license revenues in excess of $30 MM.
Manager Finance and Administration
Energy Major - Alternate Energy 1992 - 1996
Coordinated division financial and reporting activities with corporate fiscal groups and operations. Served as internal management consultant on financial and operational strategy. Other activities included preparation of budgets, tactical and strategic plans and management presentations, development of cash flow models, financial proformas, ad hoc financial analyses, review and documentation of capex appropriations, M&A valuations, project finance negotiations and due diligence.
Developed and mentored five member financial analysis staff comprised of professional engineers, chemists and accountants to provide financial support to development teams and strategic plan development and reporting analysis.
Pioneered unique operating lease financing of an $80 million gasification facility resulting in minimal capital expenditure, advantaged tax treatment of investment, off balance sheet financing and optimized tax treatment and increased ROI by 10%.
Computerized roll-up of global strategic and tactical plan data to reduce cycle times by 30% enabling more timely feedback and better performance versus plan.
Developed unique partnering strategy which differentiated our technology product from the competitors technologies through strategy to invest in our technology and to share development risk with our customers. Ultimately increased market share in this niche by almost 50%.
Developed online database for management of division portfolio of development opportunities which allowed continual alignment of division resources with project opportunities on prioritized basis. Used in conjunction with other performance management tools to monitor and improve asset allocation.
Assistant Manager Corporate Finance
Energy Major - Finance 1987-1992
Key staff advisory position during major financial restructuring reporting to corporate deputy treasurer. Acted as a liaison with US operations staff and responsible for ad hoc financial and operational analyses. Later served as assistant to board directors on two multi - billion dollar downstream refining and marketing joint ventures. Additional assignment as corporate financial analysis instructor for new and transferred employees.
Responsible for maintenance of cross-defaulted affiliate debt during Chapter 11 proceedings. Negotiated key replacement financing for minor pipeline facility financing default which had the potential to trigger a cascade of cross defaults leading to potential a Chapter 7 filing.
Prepared initial business plan for $2.0 billion international refining & marketing joint venture in US with major international oil producer.
Recognized by CEO for development of management reporting package for major affiliate which linked operating performance to financial results to assist the directors in the management of the businesses.
Participated as member of board level Finance Committees on several major affiliates and joint ventures coordinating with co-owners and lenders on financial policy implementation.
Prepared initial research paper on the use of cumulative convertible preferred stock as component of employee saving plan and as tool to efficiently manage tax and benefits costs.
Coordinator Analytical and Special Studies Group
Energy Major - Comptrollers 1977 1987
Led corporate analysis staff of five analysts and accountants charged with quantifying and reporting on cashflow and earnings implications of various Company operational proposals, investments and management reporting. Participated in corporate special assignments and study teams. Monitored company compliance with investment and analysis guidelines and internal controls.
Developed first computer model to standardize refinery investment economic calculations across all domestic refineries. Model allowed standardization of assumptions and calculations, eliminated significant man-hours of review time and expedited the capital expenditure review process.
Developed, managed and mentored the first FP&A group within Comptrollers assigned to an operating subsidiary.
Developed protocols, procedures and trained staff in investment and cashflow analysis techniques. Cycle time for analyses were reduced by an average of 67% vs. corporate HQ group at 1/3 the staff.
Comptrollers representative on special corporate upstream acquisitions diligence team.
Several special assignments to ad-hoc corporate teams charged with rationalization of supply, distribution and marketing operations.
Co-authored Companys Investment Project Analysis Manual of standard procedures and contributed to Comptrollers Circular on Capex Investment procedures. |
