Timothy Gerard Harney
Verona, New Jersey 07044
********@*****.***
EXPERIENCE
American Capital, LTD. (Nasdaq: ACAS), Bethesda, Maryland
June 2004- December 2009
Financial Analysis and Consulting Team (FACT)
Senior Analyst, January 2008 -December 2009
Analyst, January 2006 - December 2008
Junior Analyst, June 2004 - December 2005
. Performed pre-investment financial, accounting, and business due
diligence, often as lead analyst, in support of over 20 merger and
acquisition transactions, resulting in 10 ACAS investments totaling
over $1.5 billion.
. Strong understanding of the income statement, balance sheet, and
cash flow statement. Developed key revenue, sales volume, gross
margin and working capital analyses to determine drivers of
historical trends and reasonableness of forecasts. Working
knowledge of cost accounting and inventory.
. Proficient in cash flow modeling. Collaborated with deal team
senior associates, vice presidents, and principals in creating
income and balance sheet assumptions in order to properly model
potential investments and construct appropriate deal structures.
. Managed four sell-side diligence engagements; prepared portfolio
company management for upcoming sales process. Created exhibits
for use in investment bank teasers and pitch books. Reviewed and
edited investment bank pitch books prior to distribution to
potential buyers.
. Managed quarterly valuation process for over $1 billion in
investments, utilizing discounted cash flow, comparable public
company, comparable industry transaction, and non-traditional
methodologies. In-depth exposure to a variety of complex capital
structures.
. Presented quarterly valuation methodologies and conclusions to
American Capital Board of Directors and Senior Executives.
. Supervised the monitoring of seven portfolio companies with collective
enterprise value and ACAS cost basis of over $1.3 billion and $1
billion, respectively. Drafted and reviewed monthly reports detailing
financial performance, covenant compliance, and operational issues.
Led monthly conference calls with portfolio company executives to
discuss financial and operational performance.
. Led three long-term consulting engagements for portfolio companies,
which recommended and executed financial and operational improvements
such as workforce rationalization, elimination of wasteful spending,
and cash flow optimization.
. Assisted portfolio companies in all stages of the planning and
budgeting process.
. Delegated responsibilities and reviewed work product of analysts in
the due diligence, portfolio monitoring, and valuation processes.
. Participated in screening of potential new investments by searching
comparable companies and transactions and conducting industry research
using FactSet, Hoovers, Bloomberg, and Mergerstat.
. Wide range of industry experience, including housing, financial
services, education, technology, pharmaceutical, leasing/rental,
marketing, confectionary, environmental testing, engineering, and
automotive.
UMD Office of Research Administration & Advancement, College Park, Maryland
Intern
June 2002 - May 2004
. Responded to the needs of the group director and contract
administrators; drafted research spending analyses and presentation
material. Responsible for the organization and movement of internal
waiver documents. Created two yearlong analyses of internal funds used
by the University for the Vice President of Research.
University of Maryland Annual Fund, College Park, Maryland
Fundraiser
January 2002 - June 2002
. Contacted alumni and parents of students over the phone to raise funds
for different University schools and programs. Personally raised over
eight thousand dollars.
EDUCATION
Robert H. Smith School of Business, University of Maryland
College Park, Maryland
Bachelor of Science: Finance
August 2000 - May 2004
. Worked an average of 20 hours per week while attending school; Member
of Finance, Banking & Investment Society.
ACTIVITIES, SKILLS & INTERESTS
. Preparing for the December 2010 Level 1 CFA Exam.
. Computer Skills: Advanced knowledge of Microsoft Word, PowerPoint, and
Excel, including pivot tables and V/H-lookup functions
. Computer Applications: Microsoft Office, FactSet, Bloomberg, Business
Objects, Reuters, and Lexis Nexis
. Languages: Strong knowledge of Spanish
. Interests: Traveling, college sports, running, reading