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CFO/COO

Location:
Darien, Connecticut, United States
Posted:
January 16, 2019

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Resume:

EDWARD AGABS

ac77xu@r.postjobfree.com 203-***-**** Darien, CT

www.linkedin.com/in/edwardagabs

CHIEF OPERATING & CHIEF FINANCIAL OFFICER FOCUS

STRATEGY EXECUTION, STARTUP GROWTH & OPERATIONS LEADERSHIP EXECUTIVE SUMMARY

Visionary Full-Stack CFO/COO with corporate change expertise, collegial style, and entrepreneurial DNA. Successful across business leadership spectrum including driving technology startups, steering M&A, and managing organizational advancement. Operational Accounting knowledge: budgets, cost variance, pricing, and margin management plus solid securities, trading, brokerage, and asset management background. Skillfully builds powerful global teams in complex business environments. Oversaw the growth of ClickPay, a rapidly-expanding fintech company. Steered organizational transformations for companies with up to $500M in revenues. Held multiple Chief Operating/Financial Officer roles; involved in IPO of Full Circle Capital in 2010. Led a restructuring and turnaround strategy for an asset recovery company in New York. Accomplishments

Providing on-target financial advisement to guide decision-making and maximize profitability.

Establishing benchmarks and drivers to track performance and direct improvement efforts.

Led organizations through difficult transition periods with high morale and good results.

Created superior teams with diverse employee groups and in compressed timeframes.

Multiple success in implementing change and transition in people, processes, and systems.

Identifying and developing exceptional talent for the continuous support of company goals.

Building sound business infrastructures and capitalizing on process improvements. Financial & Management Competencies:

Turnaround / Crisis Management – Startup Advisory & Leadership – Process Improvement – Planning & Forecasting Profit and Revenue Optimization – Strategic Planning and Implementation – M&A – Accounting & Internal Controls Auditing & Regulatory Compliance (SOX, SSAE) – GAAP – Technology Systems / Integration – Investor Relations Complex Fund Structures – Partnership Accounting

CAREER EXPERIENCE

CLICKPAY (a.k.a. NOVELPAY, LLC) – Hackensack, NJ 2016 TO 2018 Fintech SaaS startup.

CHIEF FINANCIAL OFFICER [2017 – 2018]

PRODUCT OWNER [2017 – 2018]

CFO/COO [2016]

Oversee strategy planning and execution to propel growth toward double-digit projections of a financial technology company that provides a highly-customized payment solution to Real Estate property managers. Mitigate financial stress and pinpoint opportunities for growth through rigorous monitoring of financial operations. To spearhead the next phase of growth and ensure future competitive advantage I've designed a truly agile new product roadmap for success by an understanding of customer problems and synthesized that feedback to product refinements and new features for new vertical called "Leasing Application." Owned the product lifecycle by defining the vision, planning the big-picture and implementing day-to-day tactical activities with cross-functional teams to make that vision a reality.

• Drove FTE augmentation by 58% over twelve months. Promoted excellence across leadership teams; brought top talent on board into key management roles and mentored high-potential future leaders with energy and optimism.

• Advanced progressive changes to infrastructure including new ERP system implementation.

• Established internal controls in accordance with SSAE.

• Engaged powerful BI tools and dashboards to set up and measure Key Performance Indicators (KPI) and for data analysis.

• Cash management.

• Budgeting & Planning.

• HR resource for policy and procedure compliance.

• Built a high-quality team to help design and manage the product process.

• Developed and lead the product vision.

• Transformational efforts led to a winning acquisition by RealPage, Inc. [www.bit.do/rp-clickpay] at a premium EBITDA multiple.

...continued...

EDWARD AGABS ac77xu@r.postjobfree.com 203-***-****

FULL CIRCLE FUNDING, LP (a.k.a. FULL CIRCLE CAPITAL) – Rye Brook, NY 2007 TO 2016 Asset-Based Lending (ABL) domestic and offshore Hedge Fund advisor. CHIEF FINANCIAL OFFICER & CHIEF OPERATING OFFICER

Established and managed financial reporting and control standards for alternative investment organization. Reviewed regulatory filings and validated submissions. Directed month-end close, NAV calculation, expense, accrual and balance sheet production processes. Managed fee and partnership allocations and collaborated with fund administrators and external auditors on audits. Constantly reviewed operational frameworks endeavoring to challenge the status quo and improve processes to increase operational efficiency and mitigate risk.

• Ensured investor liquidity by transferring top-performing assets into a separate entity (Full Circle Capital Corporation) prior to IPO; led S-1 documentation process and financial-statement generation to comply with SEC regulations.

• Enhanced asset-servicing capabilities through the design of “Active Investment Monitoring Database,” a proprietary database to function as an innovative central library of borrower financials which monitors portfolio companies for Covenant Compliance.

• Oversaw of all IT infrastructure and taking responsibility to align technology vision with the fund strategy integrating fund processes with the appropriate technologies. Upgraded internal accounting systems and applications onto SaaS and cloud-based data management platforms.

• Provided leadership and decision support to new fund launches. Annual K-1 preparation.

• Responsible for the review and approval of month end accounting records from the administrator, including economic allocations, expense accruals, high water marks, ERISA status, side pockets, and capital activities.

• Responsible for portfolio valuation review and coordination with the administrator.

• Treasury functions including bank negotiations, risk management, cash management, borrowing base calculation, covenant reporting. Review analysis for all capital calls and distributions. Monitor and review fund waterfall model outputs. FULL CIRCLE ADVISORS, LLC (a.k.a. FULL CIRCLE CAPITAL) RIA of the Full Circle Capital Corporation (NASDAQ: FULL) a Business Development Company (BDC) under the 1940 Act. CHIEF FINANCIAL & ADMINISTRATIVE OFFICER (CFAO) - [2015 – 2016] Provide decision support to the Board of Directors and management team during the transformational merger of the Full Circle Capital Corporation with the Great Elm Capital Corporation [http://bit.do/gecc].

• Ensure seamless transition, combining financial reporting and control platforms to present a unified and cohesive front to shareholders and the broader market.

• Successful merge resulted in doubled assets under management for the combined organization. TRANSAMERICAN ASSET SERVICING GROUP, LLC (f.k.a. EQUISEARCH INC.)

(FULL CIRCLE CAPITAL PORTFOLIO COMPANY)

Market leader in Unclaimed Property Search and Location (identified $6B+ in lost assets since 2009). CHIEF OPERATING OFFICER & CFO - [2012 – 2015]

Tapped by Board of Directors of Full Circle Capital to lead a turnaround of portfolio company emerging from bankruptcy proceedings. Developed long-term budget planning aligned with the strategic plan and hired a team to drive restructure of financial operations and workflow.

• Engaged former leadership and staff to ascertain the true level of risk.

• Maximized employee performance and commitment by implementing policies promoting the company’s culture, core values, and vision.

• Renewed relationships with former client base to achieve 70% clients returning; substantially restored lost revenue.

• Achieved positive cash flow and profitability in just four months.

• Transformational efforts led to a winning acquisition by Ryan LLC [www.bit.do/transam] at a premium EBITDA multiple. BOATQUEST.COM, INC. – Stamford, CT 2003 TO 2007

Online Advertising Portal focused on global and domestic yacht sales. e-Commerce. FOUNDER & CHIEF EXECUTIVE OFFICER

Develped and launched an e-commerce organization from conception to implementation and successful business venture. Created a business plan and implemented an initial corporate infrastructure that enabled profitability. Led strategic planning and forecasting functions. Directed business-development and expansion. Developed and implemented e-commerce vision and strategy.

...continued...

EDWARD AGABS ac77xu@r.postjobfree.com 203-***-****

• Tripled customer and revenue base on a limited budget through aggressive search engine optimization and sales channel partnership development; authored marketing collateral and built an affiliate network that generated hundreds of leads.

• Emerged as a key player in niche advertising space for yachts, achieving top three positions in domestic online advertising.

• Exited company with the successful acquisition by Active Interest Media Company at a premium EBITDA multiple. ADDITIONAL EXPERIENCE:

CHIEF FINANCIAL OFFICER & CHIEF OPERATING OFFICER - CORYMB CAPITAL ADVISORS, LLC CHIEF FINANCIAL OFFICER & CHIEF OPERATING OFFICER - AMT-TRADE, INC. EDUCATION & ADDITIONAL INFORMATION

MBA, BUSINESS MANAGEMENT & PLANNING – STATE ECONOMICS UNIVERSITY – Baku ST. JOHN’S UNIVERSITY, SCHOOL OF RISK MANAGEMENT – New York, NY Computer Skills: SQL, .NET, Great Plains, MAS90, PeopleSoft, QuickBooks, Ross, MS Suite, PowerPivot, Power BI



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