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CFO, Controller

Location:
Danbury, CT
Salary:
$150,000
Posted:
May 28, 2019

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Resume:

JEFFREY A. PAGELSON, CPA, CGMA

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

Bethel, CT 06801

203-***-****

ac9g57@r.postjobfree.com

SUMMARY OF QUALIFICATIONS

A Certified Public Accountant, licensed in Connecticut and New York with key strengths in financial reporting, financial managerment, operational accounting, executive information systems and systems implementation and enhancement. Offers a record of proven insight into business realities, creative/cost effective problem solving and a strong results orientation.

* Well qualified in the planning and reporting of financial information utilized by executive management;

* Expertise in financial reporting and application of new financial reporting and accounting standards;

* Expertise in operational accounting functions including accounts payable, accounts receivable and payroll;

* Expertise in the design, installation, implementation and conversion of automated accounting systems. PROFESSIONAL EXPERIENCE

HOUSING AUTHORITY OF THE CITY OF DANBURY, Danbury, CT Chief Financial Officer February 2018 – Present

Responsible for the accounting, auditing, budgeting and reporting of the Authority’s Federal and State Public Housing programs. In charge of accounting, purchasing, accounts payable, cash receipts, payroll and human resources.

*Completed the conversion of the payroll functionality to a new platform.

*Successfully completed Federal and State statutory year-end financial reports. NEW YORK CITY HOUSING AUTHORITY, New York, NY

Controller July 2004 – February 2018

Responsible for the Financial Accounting and Operations of the nation’s largest public housing authority with an operating budget of over $3 billion.

*In charge of four financial and operational accounting Divisions with headcount of approximately 90, comprised of General Ledger, Revenues and Receivables, and Payroll Divisions.

*Accelerated the monthly financial close and financial reporting process whereby flash reports are available 2 days after month end and soft-close results are available in 5 days.

*Responsible for the interpretation and implementation of new accounting standards issued by the AICPA.

*Responsible for compliance with and submission of regulatory financial reporting to the U.S. Department of Housing and Urban Development (HUD), including Financial Data Schedules (FDS) and Voucher Management System (VMS) reports.

*Played an integral role in the development and completion of two simultaneous mixed finance transactions which generated approximately $1 billion in sources of funds, plus $65million of incremental annual operating subsidies.

*Re-engineered the procurement to pay process in order to reduce occurrences of unauthorized work, facilitate budget revisions and accelerate the vendor payment process in collaboration with Operations management.

*Introduced the use of traditional aged tenant accounts receivables in financial analyses, implemented HUD-prescribed collection rate targets and redefined internal Tenant Accounts Receivable performance metrics resulting in increased rent collections of over $35 million.

*Re-engineered the tenant parking revenue process, including the implementation of a dedicated lock-box fee collection system for billing in excess of $2 million annually.

*Restructured Accounts Payable and implemented a fully integrated Accounts Payable imaging system incorporating an automated Accounts Payable paperless work flows.

* Strategized and implemented an Authority-wide Commercial Card program to replace petty cash.

*Implemented an automated vouchering process in Oracle for payments to 30,000 landlords enrolled in the Housing Choice Voucher Program with Federal subsidies of over $900 million per annum.

*Strategized mandatory conversion of all Housing Choice Voucher Payments to a combination of EFT and Debit Cards, further leveraging automated vouchering in partnership with the Treasury and Leased Housing Departments.

*Implemented a new asset tracking system to improve internal controls over capital assets. JEFFREY A. PAGELSON, CPA, CGMA

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PARSON CONSULTING, a subsidiary of Management Consulting Group PLC, New York, NY Financial Consultant June 1997 - July 2004

Assigned to the Controllers’ Accounting Advisory Services Department of a Fortune 50 pharmaceutical company with annual revenues of over $45 billion.

*Responsible for the development of a web based data collection system to approve and track merger restructuring costs.

*Reviewed merger restructuring charges for excess or unauthorized accruals and payments.

*Drafted and provided input on Comment Letters written to the Financial Accounting Standards Board, International Accounting Standards Board and the Securities and Exchange Commission on accounting and financial reporting developments.

*Prepared briefing material on new International Accounting Standards for a member of the Standards Advisory Council of the International Accounting Standards Board.

*Authored three newsletters designed to keep corporate controllers and top executives informed of current developments in accounting and in the Securities and Exchange Commission. Assigned to a leading publisher of high-technology publications with annual revenues of approximately

$800 million.

*Project manager for the integration of accounting functions from its sister company's San Francisco headquarters to existing Long Island headquarters.

*Automated system for reporting commissions and special compensation to business managers.

*Reconstructed post-merger equity section for consolidation and reporting purposes.

*Prepared significant portions of the year-end reporting package.

*Team leader for the Finance Department in the trade-show accounts receivable systems conversion.

*Created efficiencies in international accounting, reducing headcount from seven employees to two.

*Managed computer conversion to Oracle for all international branches and entities.

*Coordinate efforts of Big 5 accounting firms at various locations throughout Asia.

*Responsible for monthly closings of books and records of branches/entities located in Asia.

*Oversaw day to day international accounting, internal control and special compensation issues. Assigned to the external Financial Reporting Department of a Fortune 50 consumer products company with annual revenues of approximately $20 billion.

*Author of several Management's Discussion and Analysis sections of the Company's 1997 and 1998 Annual Reports, Forms 10-K and Forms 10-Q.

*Preparation of several Notes to the Financial Statements contained in the Annual Report and Form 10-K.

*Participated in supporting the Form 10 and writing the initial Form 10-Q of its $10 billion restaurant business segment that was spun-off on October 6, 1997.

*Trained the financial reporting staff of the new independent restaurant business and transitioned functions.

*Preparation of compliance memorandums applicable to the Company's adoption of new accounting pronouncements with recommendations for implementation.

*Validation of information contained in quarterly earnings releases. HIGH PERFORMANCE APPLIANCES, INC., Danbury CT

Controller 1996 - 1997

Maintained and improved all accounting procedures in order to accommodate growth and eventual sale of this licensee of Betty Crocker kitchen appliances which grossed over $50 million annually. Managed an accounting department of seven employees of diversified skills. Responsible for all aspects of financial reporting and budgets. Responsible for financial analyses utilized by top corporate management.

*Worked closely with IT personnel in upgrade of general ledger system. JEFFREY A. PAGELSON, CPA, CGMA

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AUTOTOTE COMMUNICATION SERVICES, INC., New York, NY Controller 1994 - 1996

Established all accounting procedures and internal control structure to accommodate the growth from a

$5 million closely-held corporation to a $20 million subsidiary of a publicly traded corporation. Staffed and managed a team of five associates responsible for producing financial reports, all aspects of budgeting, accounts receivable, accounts payable, revenue collection and day to day cash flow. Responsible for monthly consolidated financial reporting package and analyses for top corporate management.

* Increased current ratio from 1:2.5 to 1.8:1.

* Initiated and completed computer conversion of general ledger.

* Designed and implemented database and related reports to track encryption equipment. MASON & COMPANY, New York, NY

Audit Manager 1990-1994

Worked closely with client personnel to assure the preparation of financial statements in accordance with generally accepted accounting principles. Supervised all phases of the firm's audit and accounting service engagements as well as the tax planning and preparation of client tax returns. Responsible for the performance of the firm's litigation support engagements. CHARLES HECHT & COMPANY, New York, NY

Audit Manager 1987- 1990

Responsible for the execution of all accounting, audit and tax services for client base assigned. Brought uniformity to firm's audit, review, compilation and workpaper preparation techniques designed to increase efficiency and firm profitability. Trained professional staff of ten and developed in-house continuing professional education courses.

LAVENTHOL & HORWATH, New York, NY

Senior Auditor 1985- 1987

Performed audits of client financial statements and financial statement preparation. Prepared corporate and partnership tax returns. Supervised professional staff on accounting and audit engagements. HERMAN J. DOBKIN & COMPANY, New York, NY

Senior and Semi-senior Accountant 1982 - 1985

Performed audit, accounting and tax services for diversified client base. GOODMAN AND STEINER, Pleasantville, NY

Staff Accountant 1980- 1982

Performed accounting and tax services for approximately one-third of the firm's small business clients. EDUCATION

RIDER UNIVERSITY, Lawrenceville, NJ

Bachelor of Science - Major in Accounting, 1980

AWARDS

2004-2016 Certificate of Achievement for Excellence in Financial Reporting – Government Finance Officers Association of the United States and Canada 2000 Exceeds Client Expectation Award - Parson Group National Award for best consultant 1999 (4th Quarter) Quality Solutions Award - Parson Group Stamford office award for best consultant 1998 Consulting Excellence Award - Parson Group National Award for consulting excellence JEFFREY A. PAGELSON, CPA, CGMA

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PROFESSIONAL ORGANIZATIONS

American Institute of Certified Public Accountants New York State Society of Certified Public Accountants

*Former Chairman-General Committee on Members in Public Practice

*Former Chairman-Continuity of Practice Committee

Connecticut Society of Certified Public Accountants COMMUNITY ORGANIZATIONS

Bethel Historical Society, Treasurer

Bethel Public Library, Former Board Member

Bethel Jaycees, Former Officer

COMPUTER SKILLS

Advanced knowledge of Excel, Word, PowerPoint, other Microsoft Office products and Oracle E-Business Suite. Working knowledge of with Maximo, Seibel Software, Kofax Markview for AP, Movaris, and Intuit products including Quicken and Pro-Series Tax software. Past experience with Hyperion, Platinum and MAS 90 accounting software.

References furnished upon request.



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