MICHAEL J. McLAUGHLIN
CPA, MBA, JD
*** ******* *****, ******, ** 07446 C: 845-***-****
ac2kwi@r.postjobfree.com https://www.linkedin.com/in/michael-j-mclaughlin-143a053
CFO/CONSULTANT
ORGANIZATIONAL TRANSFORMATION CHANGE MANAGEMENT LEADER
Seasoned CFO with a solid reputation working as a catalyst for positive, well-organized change.
Defining the path forward as a strategic financial executive experienced in publicly traded and privately held companies.
Continually improved processes and directed financial solutions across many disciplines.
Well-versed in refinancings, acquisitions, dispositions, public offerings, exchange offers, and taxes.
Expert at anticipating problems and addressing complex issues including bankruptcy.
Willing to travel and will consider relocation.
INDUSTRY EXPERTISE
Distribution Consumer Hardware-Housewares Renewable Energy Consulting Manufacturing
Mergers Acquisitions Integrations Audit Tax Preparation Forecasting Budgeting
Banking Relations Financings Process Improvements System Implementation
GAAP Controls Compliance SEC Filings IPO Turnaround Bankruptcy
PROFESSIONAL EXPERIENCE
Spearheaded process improvements, managed assets, and continuously improved cash flow at each position.
Fortistar Capital, White Plains, NY 2015 – 2016
Chief Financial Officer Renewables and TruStar Energy
Implemented additional Dynamics SL modules (i.e., service dispatch and inventory) for a rapidly growing CNG construction, service, parts and fuel sales company
Managed improvements for a constantly changing methane gas company
Integrated acquisitions into existing operations
Accomplishments
Spearheaded a change in Auditors
Result: Saved more than $100,000 in audit fees
Intragrated Resources Holdings, Inc., Stamford, CT 2013 – 2014
(Formerly A.T. Clayton & Co., Inc.) Subsidiary of Central National-Gottesman Inc.
Chief Financial Officer
Accomplishments
Returned to the company after a five-year absence and restored controls and processes
Result: Returned the company to profitability
Finished the implementation of Epicor and restored timely management reports
Result: Completion of sale from Marubeni Corporation to Central National-Gottesman and implemented
JD Edwards
Howard Berger Co., LLC, Cranbury, NJ 2011 – 2013
Chief Financial Officer
Accomplishments
Completed $110M senior secured financing as part of a private equity investment
Acquired the assets of Ultra Hardware and integrated it into the company systems
Grew company sales substantially from $147M to $213M
Upgraded the level of talent in the Accounting Department
Jet Set Sports Holdings, LP, Far Hills, NJ 2010 – 2011
Chief Financial Officer for a privately-held Olympic Hospitality provider
Casso-Solar Corporation, Pomona, NY 2010
Acting Chief Operating and Chief Financial Officer for a privately-held designer/manufacturer
of specialty industrial ovens, dryers and heat processing systems
Changing World Technologies, Inc., West Hempstead, NY 2008 – 2011
Chief Financial Officer (continued in 2011 on a part-time basis)
Accomplishments
Prepared Initial Public Offering
Successfully reorganized, refinanced and restructured the company
Strategized for Chapter XI Bankruptcy filing
Result: The Company was well-prepared for a new investor group
Intragrated Resources Holdings, Inc. (formerly A.T. Clayton & Co., Inc.) Stamford, CT 1993 – 2008
Subsidiary of Marubeni America Corporation
Vice President Finance and Administration/Chief Financial Officer of a $500M privately-held paper distributer
Accomplishments
Completed the sale to Marubeni Corporation, a strategic buyer
Restructured the financial and MIS organization
Result: Increased growth exponentially from $168M to $500M
Improved cash flow and asset management
Result: Reduced borrowings more than $6M
Took the company from “work out” with the bank to their asset-based group
Result: Reduced interest rates and removed owner’s personal guaranty
Reduced the accounting department from 19 to 9 employees
Result: Substantial savings in overhead
EARLIER EXPERIENCE
Celedon Group, Inc., New York, NY, Vice President Finance/Chief Financial Officer 1991 – 1993
Hayden Roofing Co, Inc., West Nyack, NY, Vice President Finance and Administration 1989 – 1991
Preway, Inc., Stamford, CT, Chief Financial Officer, Director, Vice President Finance, Treasurer, Secretary 1986 – 1989
General Housewares Corp., Stamford, CT, Corporate Controller 1977 – 1986
Promoted from Manager of Corporate Accounting
Montrex Corporation, New York, NY, Assistant Controller 1975 – 1976
Ernst & Young LLP, New York, NY, Audit Staff 1972 – 1975
ACADEMIC CREDENTIALS
Pace University, JD - 1984
Admitted to the New York State Bar - May - 1985
St. John’s University, MBA - 1978
Certified Public Accountant - New York State - 1975
Manhattan College, BS - 1972