John K. McCarthy CFA, CPA

* ******* ****, *******, ** 06896 203-***-**** aculug@r.postjobfree.com

EXECUTIVE PROFILE

Finance - Management Consulting Professional

Progressive track of successful leadership positions with leading finance and management consulting firms. Possess a breadth of specialized subject matter expertise in corporate finance/controllership, portfolio/investments management, financial/regulatory reporting, and audit/risk management functions. Proficient in the application of financial decision support with excellent research and analytical skills to support investment, risk management, and corporate decision making objectives. A focused and flexible seasoned professional with a resourceful approach to delivering positive business outcomes in varied multinational business settings.

Successful record executing strategy driven operational assessment leading to business performance improvement, financial restructure, value/supply chain management objectives, and business process scripting and requirements gathering for financial platform vendor selection and system configuration. Extensively deployed as subject matter expert in Finance/IT liaison roles directing all phases of Finance/IT platform development during solution design, iterative development, user acceptance testing, and migration and implementation project phases.

Extensive background in financial services and investments, insurance, manufacturing, and technology industries engaged in multinational product and service distribution. Experienced with major ERP integrated financial/business solution platforms (SAP, Oracle) and specialized finance platforms notably portfolio management and valuation, trading/settlement, Asset Liability Management, and associated reporting tools.

SELECTED CAREER HIGHLIGHTS

Led business performance improvement and finance transformation teams conducting operational research, benchmarking, best practices, and process performance analysis. Presented findings and business case to senior management and successfully implemented actions based on approved transformation plans

Facilitated client efforts to restructure their institutional and retail financial product offerings. Realigned their customer portfolio investment alternatives to best meet return and risk preferences and their structured payout commitments. Delivered on the formulated business case and risk mitigation plan to adopt better targeted product offerings and rationalized business processes across investment, corporate benefits, and financial annuity products

Provided direction and subject matter expertise to clients adopting reforms in their accounting, financial reporting, risk management, and internal controls. Successfully enabled firms to meet management directives or regulatory/court judgments

Established the analytical and data collection framework and decision support/rationale for varied circumstances including channel, product, and business profitability, activity based costing, operational scale and cost structure, capital structure, capital spending, economic value added, value chain analysis, and other framing models)

Directed Corporate Finance/Accounting organizations for global technology, manufacturing, and product distribution. Administered and enhanced general accounting, cost accounting, international consolidations, financial planning and audit support while providing analytical support to management and meeting regulatory reporting needs. Supported international tax and treasury objectives

Implemented corporate acquisitions, divestments, closure/liquidation, and reorganizations relative to transaction valuation, financial treatment, due diligence, and operational assimilation.

Established the financial and operating structure of joint ventures, business start ups, and new business initiatives

Core Competencies

Controllership

Finance/Transaction Structure

Management Consulting

Financial Planning/Analysis

Portfolio Management

Operational Research/Analysis

International Consolidations

Investments & Securities Analysis

Business and Process Improvement

General and Cost Accounting

Business Valuation/Due Diligence

Benchmarking and Best Practices

Treasury / Tax Coordination

Risk Management

ERP Platform Implementation

SEC Reporting/ SOX Compliance

Audit

Portfolio-Investment-Trading Platforms

PROFESSIONAL EXPERIENCE

Work History

Performance Plus, Inc. (MetLife) [January 2007 – Current]

Management Consulting Firm

Consulting Team Lead

Evaluated a leading Financial Services firm's portfolio of Corporate Benefits, Annuities, and Investment Products:

oConfirmed the suitability and value of customer investment/funding products relative to meeting structured payout commitments (objectives, risks, and suitability)

oDeveloped approved recommendation to enhance portfolio management, risk management, and financial control policies and practices

oImplemented streamlined processes and modernized system platforms to support their business model

Strengthened and integrated sales, policy administration, actuarial data reconcilement and analytical processes to better manage actuarial reserve and profitability management. Leveraged this improved process model to drive recognition and remediation of the underlying causes of performance issues

Designed and implemented a management and accounting solution to successfully address issues of previously experienced problems with 3rd party administration of outsourced process effectiveness and controls (pricing, billing, underwriting, sales and commissions)

Resources Global Professionals [January 2005 – January 2007]

Management Consulting Firm

Consulting Associate

For one of the nations major insurance brokerages, supported development of new practices for sales/brokerage, compensation, and accounting practices to assure the adequacy of financial controls and minimize the opportunity for collusive practices

For a major US property and casualty insurance company, assisted in design, implementation, and verification of corporate accounting reforms. Assessed the firms accounting policies, balance sheet remediation, and the accounting status with particular focus on premium reporting, intercompany transactions, reserves, and reinsurance products. Successfully led the team in defining policy and assuring adoption of practice changes

For a web services company, supported the fact finding and data analysis pertaining to regulatory financial reporting issues and developed the data refinement and calculative model necessary to restate reported earnings

mPhase Technologies, Inc. [July 2004 – January 2005]

Technology Start Up Company

Corporate Controller

Worked with this development stage company to bring quarterly and annual SEC financial filings current (10Q's, 10K). Supported the development and negotiation of Corporate funding actions and established equity, debt, and option/warrant transaction processes and related analytical management tools

IBM Global Business Services (Formerly PwC Management Consulting) [February 1995-June 2004]

Technology Company-Management Consulting Professional Services

Principal Consultant

Member of the Office of the CFO Consultancy Practice and held leadership roles in numerous client engagements

Analyzed clients business (markets, value chain, business and fiscal scope and structure) and proposed business restructure to increase business value

Re-engineered business processes by analyzing activities within context of key value drivers, use of best practices and technologies, and comparative benchmarking targets

Developed and implemented various corporate analytical schemas to enhance corporate management focus and management insight (e.g. Product and Channel Profitability, Activity Based Costing, Economic Value Added, Balanced Scorecard)

Coordinated financial restatement efforts for leading firms in the business services and financial services industries relative to revenue recognition, asset valuation, derivatives accounting, and other reporting issues

Formulated ERP/Financial Global Application implementation scope and strategy. Held leadership roles in the conduct of all phases of delivery of business and financial system platforms

PROFESSIONAL EXPERIENCE

Work History

Berlex Pharmaceuticals – Wayne NJ [September 1993 - January 1995]

Pharmaceutical Company

Finance Project Manager

Responsible for coordinating the development of company financial application requirements and assisted in SAP product configuration.

Life Technologies (Formerly Perkin-Elmer Corporation) – Norwalk, CT [July 1981 - August 1993]

(Biotechnology, Semiconductors Equipment, Optics/Electronics, Computers, Analytical Instrumentation)

Finance Director

Positions reflect pattern of increasing Corporate and Operational responsibility:

Director of Operational Finance (1988-1993): Responsible for multinational accounting for divisions with aggregate revenues of $800+ million. Directed the financial support of multinational electro/optics and semiconductor equipment manufacturing, R&D, and sales/distribution/service activities

Senior Finance Manager (1984-1987): Directed International Financial Planning, Consolidation, General Accounting, and Cost Accounting operations

Internal Audit Manager (1981-1983): Managed professional audit staff in the planning and execution of financial and operational audits across multinational technology businesses

Selected accomplishments:

Structured and administered new businesses and joint ventures and new business models/strategy, accommodated business change, and optimized business and financial structure

Administered financial restructure and reorganization actions, facilitated financial treatment of corporate acquisitions, divestments, closure/liquidation, and other reorganizations. Directed operational assimilation of corporate restructuring actions.

Managed development of transaction valuation and execution strategies and supervised related due diligence activities

Recast budgetary structure and financial data to reflect business reorganization and operating changes

KPMG - Stamford, CT (Formerly Peat, Marwick, and Mitchell & Co.) [June 1978 - July 1981]

Audit, Advisory, and Tax Professional Services

Audit Senior

Conducted audits of financial services, governmental, and manufacturing clients

EDUCATION

Pace University New York, New York Master of Business Administration – Finance, 1983

Marist College Poughkeepsie, New York Bachelor of Science – Accounting, 1978

CERTIFICATIONS

Certified Public Accountant 1982

Chartered Financial Analyst 2013

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