Action-oriented leader with a proven track record of developing and leading the implementation of financial and operational strategic objectives
Senior Vice President Finance Child Care Resources Inc. Charlotte, NC June 2015 Present
" Responsible for oversight of all financial and certain operational functions including financial statement preparation, budgeting, Board reports, investments, government and funding source reporting, information technology, nutrition and child care subsidy expenditures. Directs the organizations financial planning and accounting practices as well as relationships with financial institutions, auditors and the finance committee of the Board.
" Bid out the copier and printer services saving the organization $84,000 over the five year agreement term
" Implemented direct deposit for the 500 monthly child care subsidy reimbursement payments which resulted in check printing and mailing cost savings, reduction in staff processing time and improved customer satisfaction
" Negotiated and coordinated the new office expansion and renovation which successfully came in on budget
Chief Financial Officer Hill House and Hill House Economic Development Corporation
Pittsburgh, PA January 2014 to June 2015
" Responsible for all financial activities of the organization including general accounting, billing, accounts receivable and collections, payroll, fixed asset management, financial close and reconciliation, accounts payable, insurance, treasury and debt management, management and enforcement of standardized financial policies and procedures, internal and external financial reporting, budget management and development, forecasting and financial analysis, continuous process improvement, management and oversight of finance staff and oversight of the external audit and tax filings.
" Secured funding to reduce the organization's debt by 60%
" Returned operations to a positive cash flow by increasing revenues and reducing costs after many years of deficits
" Coordinated the implementation of new accounting software and implemented a monthly closing process which provided management and key stakeholders with timely and accurate financial statements
" Re-engineered accounting procedures and practices that resulted in improved internal controls and a clean, unqualified audit opinion with no audit findings after several years of multiple audit findings
Vice President of Finance & Accounting Pressley Ridge Pittsburgh, PA 2009 September 2013
" Responsible for accounting and revenue cycle management, financial planning & analysis, budgeting, forecasting & reporting, treasury and cash management, internal audit, contract management, strategic planning, asset management and tax filings, grant management & monitoring, develop and maintain accounting & finance policies and procedures, review and interpretation of complex legal and technical documents, supervision & development of 20+ staff and due diligence & financial assessments for a $68 million operating budget and $40 million foundation
" Recommended and implemented strategy to reduce the organizations outstanding debt resulting in a 50% reduction in annual interest expense and improvement of the organizations balance sheet
" Implemented automated cash management efficiency improvements that resulted in elimination of two accounting positions, saving the organization $130,000 annually.
" Negotiated a 33% increase in working line of credit at competitive rates to provide liquidity during economic downturn.
" Obtained unqualified audit opinions on operating and foundation audits with no audit findings
" Successfully integrated acquisition into the organizations financial reporting
" Received the Pressley Ridge Entrepreneurial Leadership award for due diligence, financial analysis and recommendations regarding a potential acquisition
Professional Experience (continued)
Senior Director Finance & Accounting Pressley Ridge Pittsburgh, PA 2002 2009
" Successfully negotiated the competitive bid process for audit services reducing audit fees by 30% annually.
" Received highest rating on all financial standards and practices from the National Council on Accreditation
" Developed and implemented program health assessment process enabling management to assess and eliminate underperforming programs more timely
" Created and established an internal audit function that led to reduced external audit fees and improved internal controls
" Coordinated the evaluation, selection and implementation of new accounting software
Director of Finance and Accounting Pressley Ridge Pittsburgh, PA 1992 2002
" Participated as a member of the team that developed and implemented an electronic billing and clinical tracking software
" Reduced outstanding accounts receivable from 90 days to 30 days outstanding resulting from the implementation of the electronic billing software and corresponding process improvements
" Reduced financial closing cycle to 30+ days to 6 ensuring the accuracy consistency and quality of internal reporting
Manager of Financial Planning & Control H.J. Heinz Company Pittsburgh, PA 1990- 1992
A $6 billion multinational manufacturer of consumer food products
" Developed and implemented a system for tracking and reporting cost of sales write-offs, resulting in 20% reduction in annual write-offs
" Created separate profit and loss statements for new business markets products which allowed marketing and sales management to focus efforts on the more profitable items
" Part of the team that recommended light weighting glass containers for ketchup which resulted in $550,000 annual savings
General Foods Corporation (now Kraft Foods) White Plains, New York, a $9 billion manufacturer of consumer food products.
Assistant Financial Manager (General Foods USA) 1988 1989
" Analyzed competitive activity with manufacturing and operations to determine competitors manufacturing advantage. Results became basis for $500,000 annual cost savings project for rice manufacturing
" Analyzed financial viability of introducing Minute Instant Brown Rice. Recommendations were incorporated in the successful launch of the product.
Supervisor, Financial Planning & Reporting Overseas Sales Division 1985 1988
" Awarded the General Foods Chairmans award for qualifying the overseas sales business for credits under the USDA World & Sugar Drawback Program. This resulted in annual, ongoing savings of $2 million.
" One of five employees selected to attend an Executive MBA program
Financial Associate, Reporting & Planning 1984 1985
" Developed and implemented PC system for budgeting and forecasting. Saved 3-4 man-days of work a month.
Senior Auditor 1982 1984
" Uncovered health benefit claim fraud which resulted in employee terminations and recouping of $100,000 for General Foods
Staff Auditor 1981 1982
Coopers & Lybrand, CPAs (now PriceWaterhouseCoopers) Pittsburgh, PA 1979 1981
One of the big four accounting firms in the World
Senior Auditor and Staff Auditor
" Supervision of financial audits and tax return preparation for diversified group of clients including companies listed on the New York Stock Exchange and emerging businesses.
Leadership Pittsburgh 2010
Center for Creative Leadership 2005
Baruch College (New York, NY) Executive MBA 1987 1989
Clarion University (Clarion, PA) B.B.A (accounting) 1975 - 1979
Board of Directors and Officer of Mount Lebanon Village 2010 - 2014
Alliance for Children & Families CFO Steering Committee 2009 - 2013
Officer Toastmasters International 2008 2011
Best Practices in Financial Management in Behavioral Health - Behavioral Health Management Magazine, November 2004
The Impact of Neuroscience Advances on Nonprofit Behavioral Health Care: Financial Modeling of Neuroimaging Utilization a Robert Wood Johnson Foundation funded research paper 2007