ERIC S. FENCHEL
Florham Park, NJ *****
********@*******.***
Senior "hands on" Financial and Operational Professional with
extensive
experience in GAAP accounting, budgets & forecasts, cash management,
acquisitions, systems, compliance, financial analysis & workflow
efficiencies.
SKILLS/ACCOMPLISHMENTS:
. Excellent Communications and Presentation skills. Leader and
change agent.
. Monthly variance analysis, forecast modeling, and development
of Key Performance Indicators
. Expert at preparing department budgets and forecatst
. Prepare monthly and quarterly audited financial statements
(GAAP/SOX)
. Reduced costs through operating efficiency and negotiations
through extensive vendor network
. Negotiated both bank and non-bank financing. Strong cash
management skills
. Expert at running accounting department including AP, AR,
Payroll, IT, HR and Billing
. Installed General Ledger and Enterprise Systems at 3
companies
EXPERIENCE:
Tower Legal Solutions - Controller
Staffing and Legal Consulting (2014-present)
. Hired and trained accounting and payroll staff
. Prepared financial statements and financial reporting package
. Developed accounting and payroll policies and procedures
. Developed Key Performance Indicators and designed and
programmed management reports
. G/L System conversion to Microsoft Dynamics Great Plains
. Supervised A/R, A/P, Payroll, Billing, Collections, and
Accounting
. Prepared profitability analyses on sales people, clients,
internal departments and regions
Board of Directors - Three Non-Profit Organizations (2001-
present)
. Treasurer - Prepare Financial Statements, (AP/AR/Cash
Management)
. Monthly Board Presentations and Yearly membership
presentations
. Negotiate vendor agreements and facility leases
. Developed operational efficiencies and accounting policies
. Interim CFO of large multi-faceted Non Profit in NJ
Infinity Consulting Solutions, Inc. - Chief Financial Officer
Staffing and Payroll Company (2011-2013)
. Hired and trained accounting and administrative staff
. Developed accounting and payroll policies and procedures
. Instituted new commission plan, devised partner share plan
. Negotiated vendor contracts to save over $200,000 per year
. Negotiated banking credit line
. G/L System conversion to Microsoft Dynamics Solomon
. Prepared profitability analyses on sales people, clients,
internal departments and regions
. Updated employment contracts to protect company from
employment risk
NYNJ Financial Solutions - Controller
Accounting and Finance Consultants - (2008 -2011)
. Interim CFO at large multi faceted non-profit organization in
NJ
. Implemented independent contractor program (health care
company)
. Designed financial reporting (including budgets) and company
metrics (non-profit company)
. Performed due diligence reviews on targeted acquisitions
(private equity group)
. Installed new G/L and Enterprise software, developed
operating procedures (consulting firm)
. Negotiated vendor and banking agreements
Diversant LLC. - CFO/COO -New Jersey
Technical consulting and staffing company (2007-2008)
. Prepared operating and capital budgets and forecasts for bank
and non-bank financing firms
. Negotiated $10MM line of credit (non-bank financing)
. Reduced costs through vendor negotiations, and design of new
commission plan
. Reduced DSO's through extensive collection efforts and
establishment of key contacts
. Supervised Controller, Billing Manager, and HR Department
Heads
Open Systems Technologies -CFO/Controller
Technical consulting and staffing company (1997 to 2007)
- New York, NY
. Developed and documented policies & procedures.
. Hired and trained "world class" staff that maintained
consistency for over 10 years
. Developed management reporting to quickly identify
profitability by client, and region
. Prepared operating and capital budgets and forecasts
. Produced C.P.A. certified audited financial statements each
year without exception
. Supervised payroll, billing, collections, accounting,
facilities, and human resources
. Designed and negotiated company benefit plans
Quest Diagnostics (Healthcare) - Business Controller (1991 to
1996)
. Produced GAAP financial statements, budgets, and forecasts,
. Supervised billing, 3rd party reimbursements, warehouse,
purchasing, and pricing.
. Supervised over 30 staff including 5 Managers
. Led successful Corning inter-company team that re-engineered
all finance and accounting
. Reduced cost per specimen by 25% through vendor negotiations
SYSTEMS: Sage Mas-90, Mas-200, Dynamics, Solomon, Quickbooks,
Peachtree, Millenium,
TKO, Staffsuite, ADP, Paychex, Great Plains,
Excel Pivot Tables, Sage MIP
EDUCATION:
M.B.A. - Baruch College - Major: Finance
B.A. - Rutgers College - Major: Business Administration