MARK S. O'DONNELL
** ***** *****, ******, ** ****2
********@***.*** 978-***-****
Professional Background:
Seasoned Financial Manager skilled in solving complex business problems in
small to mid size corporations. Strategic thinker that anticipates industry
changes. Disciplined facilitator that partners with internal and external
resources to apply enterprise solutions to drive the bottom line and
enhance revenue opportunities.
PROFESSIONAL EXPERIENCE
CONTROLLER, June 1990 to November 2009, currently part time consultant
ROBERT M. HICKS, INC. 124 Main Street, Westford, MA 01886 978-***-****)
A premier builder of residential developments in Boston's northwest region.
October 2006 (death of owner) to November 2009, currently part time
consultant
. Assisted trustee and Boston advisors in winding down the affairs of
several companies.
. Attended family Board of Director meetings with attorney and trustee
of the estate, and provided operational and financial guidance.
. Negotiated business terms of several construction loan agreements,
note repayments, and forbearance agreements for five banks and second
mortgage holders.
June 1990 to October 2006
. Responsible for the accounting and financing activities of several
real estate companies, trusts, limited liability corporations, and
reported directly to President / Owner.
. Functional activities consisted of periodic audit work papers for CPA
firm, issuing monthly financial statements, financial planning and
cost analysis, cash flow forecasting and budgeting, monthly roll up of
work in process, cost of goods sold entries, job costing, intercompany
reconciliation, analysis of key balance sheet and income statement
accounts, review and or issue payroll, and authorized check signer for
several companies and family owned LLCs and trusts.
. Point person for maintaining condominium and home owners association
records.
. Expanded residential markets by locating prime land acquisition
opportunities, negotiating terms of purchase and sale agreements,
selecting legal representation, and securing bank financing.
. Represented developer before ZBA for Chapter 40B projects.
. Applied creativity in the interpretation of zoning regulations and
with contract restricted language to yield two additional lots worth
over $400,000 in total.
. Successfully implemented loan workout agreements totaling $12,000,000
with three banks.
. Negotiated the business terms and implemented repayment and asset
dissolution plans that resulted in debt forgiveness of more than
$1,000,000 and waiver of interest and legal fees totaling almost
$2,000,000.
CONSTRUCTION COST ESTIMATOR, May 1988 - April 1990
RAS INDUSTRIES, INC. 20 Mall Road, Burlington, MA 01803
Upscale residential design and building contractor
. Provided the President and Construction Manager (co-owners) with
detailed quantity and price budgets for major construction and
remodeling projects.
. Assisted with wording of proposals and design build contracts. Shared
ideas and cost savings alternatives with artists and project managers.
Reviewed profit status of jobs in progress and completion.
MARK S. O'DONNELL
CONTROLLER, February 1986 - April 1988 (full time), and part time until
June 1990
AGORA RESOURCES, 800 Middlesex Turnpike, Billerica, MA 01821
A training and documentation company that produced interactive video disc
courseware and training manuals for high technology companies such as IBM,
AT&T, Digital Equipment Corporation, and Wang.
. Advised President and Vice President on all issues concerning the
company's financial performance, profitability by project, cash flow,
personnel issues, payroll, fixed assets.
MANAGER, FINANCE AND ACCOUNTING, December 1982 - September 1985
THE FLEXAUST COMPANY, 30 Elm Street, Amesbury, MA 01913
Manufacturer of industrial and consumer hoses for air ventilation, swimming
pool cleaning, garage exhaust, and other positive and negative air flow
applications.
. Developed cost analysis that reversed management emphasis of faster
machine time which resulted in less scrap and a savings of $50,000 per
year.
. Responsible for accounting and finance administration of 3 US
locations and 1 in Canada.
. Assisted President with five year plan, a joint venture, internal
affairs, and capital budgets.
. Authorized check signer for three companies, primary contact with
Coopers and Lybrand and corporate accounting at Callahan Mining
Corporation.
CONTROLLER, ASSISTANT CONTROLLER, August 1975 - January 1982
INTERMODAL, INC. 189 State Street, Boston, MA
Subsidiary of Xtra Corporation, one of the largest trailer and container
leasing concerns in US.
. Seven years of increasing responsibilities in accounting, finance, and
management.
. Applied strategic agility with management team that lead to the
expansion of field locations from 5 facilities to 15 and revenue
growth from $3,000,000 to $20,000,000.
INDUSTRY EXPERIENCE
. Real Estate - Residential & Commercial, High Technology -Training &
Documentation, Manufacturing - Industrial, Commercial, Consumer,
Transportation - Repairs & Maintenance
FUNCTIONAL EXPERIENCES & SKILLS
. Operational Stewardship & Controllership, Financial Management & GAAP
Compliance,
. Cash Flow Forecasting & Budgeting, Land Acquisition & Inventory Life
Cycle Planning,
. Secured Bank Financing and Negotiated Debt Repayment Schedule,
Inventory Management,
. Income Statement & Balance Sheet Reporting & Analysis, Operating
Performance Metrics,
. Internal Controls & Cost Management, Strategic & Operational Planning,
Market Analysis,
. Cost Accounting System & Controls, Principal Contact with CPA Firm /
Banks / Attorneys,
. Human Resource Activities, Administrator of 401K, and System
Administrator of ERP Software.
COMPUTER APPLICATIONS
. Microsoft Word, Excel, Works, Adobe Reader, Lotus 1-2-3, Sage Master
Builder, Multi Plan, Framework, ADP Payroll, Maptech, MAPICS, Outlook
EDUCATION AND TRAINING
. Master of Business Administration, Rivier College, Nashua, NH
. Bachelor of Science - Business Administration, University of
Massachusetts - Lowell