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Insurance Company

Location:
East Islip, NY, 11730
Posted:
May 14, 2010

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Resume:

Paul T. Kelly

*** ******* *****

East Islip, N.Y. 11730

P 631-***-****

Executive Summary

Senior level executive with over 20 years of quantifiable achievement in

the construction field

Direct financial management experience with a proven track record of

growing enterprise value. Strong in financial reporting, forecasting,

budgeting and defending company positions during reviews by external

auditors, insurance, banking, union, as well as, federal and state

governmental agencies. Demonstrates organization skills necessary to

manage multiple and complex tasks, often with conflicting deadlines. Play

a key role in the selection and implementation of several computer systems.

Deliver valuable contributions in the strategic planning process.

Achieves expected goals through effective training and procedural

implementation. Possess a detailed understanding of percentage of

completion reporting, and the effect of controlling insurance and other job

costs in the pursuit of maximum corporate profitability. Controls and

improves cash flow, a/r, a/p and the reconciliation priorities.

Professional Experience

Sweeney & Harkin Carpentry and Dry Wall Corporation

Controller

February 2002 to Present

Responsible for all financial aspects of a $22 million company, including

office operations, client and banking relationships, the administration of

human resource, the negotiation of business and medical insurance contacts,

computer systems and profit sharing.

Key Accomplishments:

* Realigned key aspects of the company's strategic plan

dramatically accelerating the client billing and collection

processes improving ongoing cash flow by $2 million which

funded company expansion.

* Established and maintained a banking line of credit and

surety bonding.

* Reorganized liability insurance resulting in annual savings

in excess $300k of annual premiums Forecasted company

volumes to gain optimal coverage minimizing annual premiums

and audit assessments

* Changed health care insurance cutting annual premiums by

half while increasing medical coverage and adding dental,

eyeglass and group life.

* Successfully defended company position during union benefit

and insurance audits.

* Upgraded computer hardware, and implemented internet and

email systems.

* Supported revenues growth of 83% ($10 million) with no

addition to back office support.

York Hunter Group Inc

Chief Accounting Officer

January 2000 to February 2002

Functioning head of the accounting department; worked closely with

executive committee to develop effective and timely management reporting

for financially troubled company with revenue exceeding $450 million.

Internal controls and cash management procedures were implemented.

Department personnel evaluated. Reassigned responsibilities and instituted

training program that successfully improved project accountability and

secured a strong, effective working relationship with field operations.

Key Accomplishments:

* .Worked with executive committee to develop company

strategies for fifteen business units.

* Developed a strong liaison among the accounting and

operations departments in support of the executive

committee

* Presented and implemented an extensive improvement in the

corporate requisitioning and collection processes improving

cash flow and project costing.

* Established departmental goals and objectives, evaluated

current staff, restructured department and

responsibilities, hired and trained 30 replacements,

dramatically improving work and cash flows

* Personally recruited and replaced 90% of accounting

department while reducing payroll by 40%.

* Identified, structured and successfully collected $6

million of under billing overlooked on a municipal

contract.

* Negotiated inter company agreement with partially-owned

subsidiaries and worked extensively with corporate tax

staff to implement and manage these relationships.

Structure Tone Inc.

Director of Finance

January 1989 to January 2000

Established an internal financial reporting system for company executives;

providing financial statements, forecasting, budgeting, and interim project

profitability in house. Assumed investment, retirement plan and payroll

department functions. Reversed assessment of union and insurance audits

saved over $1 million. $5 million saved by revising insurance contracts.

Key Accomplishments:

* Created financial area responsible for all financial

reporting including financial statements, forecasting,

budgeting and payroll, as company grew from $300 million to

$2 billion.

* Lowered annual professional fees while improving financial

awareness of company activities for executive management by

establishing the internal preparation of monthly financial

for seven separate companies.

* Established monthly work in progress reports in support of

financial statements while incorporating results into

forecasting models.

* Improved corporate information reporting through the

development of positive working relationships among the

financial, operational, legal and administrative areas of

the company.

* Developed a commonality among several diverse and unrelated

accounting systems to insure accurate and timely reporting

while assisting in the selection and implementation of the

CGC computer system.

* Defended company position with insurance company resulting

in the $1 million reversal of an audit assessment; the

subsequent restructuring of all business insurance resulted

in $5 million savings for liability and compensation

premiums.

* Successfully defended company position and the integrity of

financial positions in audits with unions, federal state

and local taxing and administrative authorities.

* Developed company billing rate system in support of

contracts with private and government contracts

* Performed investment decisions and maintained

recordkeeping of company and retirement plan portfolios

while

developing working relationships with the various financial

institutions.

Home Life Insurance Company

May 1982 to January 1989

Director of Tax - tax audits &

compliance

Manager of Cost Analysis

-budgeting & profitability analysis

Bank of New York, Inc Profitability & cost analysis,

September 1981 to May 1982

Helena Rubinstein, Inc Plant management & product profitability

June 1978 to September 1981

Merck & Company, Inc. Inventory control & analysis

May 1975 to June 1978

Education

M. B. A. in Finance Adelphi University N.Y. 1993

B.A. in Accounting Belmont Abbey College, N.C. 1975

Professional Development

Adjunct Lecturer New York University N Y.

Notary Public, New York State



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