Human Resources Financial
Resume:
DENIS J. MANGINELLI, CPA
Sugar Land, TX 77479
609-***-**** *******@*******.***
C-LEVEL FINANCIAL EXECUTIVE
Extensive experience in financial and business strategy and financial goal
setting and monitoring within the Pharmaceutical and commodity sectors,
including manufacturing and services businesses. Accountable to Board of
Directors, public shareholders and Private Equity owners. Excellent
leadership skills with extensive experience and expertise in M&A
activities.
PROFESSIONAL EXPERIENCE
PHARMACO VENTURES, LP, Stafford, TX 2014 - 2015
Chief Financial Officer
Responsible for financial, banking, legal, human resources, facilities and
administration activities of a $15M+ provider of patient-specific specialty
pharmacy services in the pain management, weight loss and lifestyle space.
. Partnered with other senior management team members to expand product
offerings and re-focus business strategy.
. Lead cost reduction efforts to reorganize the company and reduce payroll
by over 50%.
. Negotiated payment schedules to pay outstanding trade debt liabilities.
. Monitored cash flow on a weekly basis to maintain day-to-day operations
during challenging period.
. Moved company from cash basis accounting to GAAP accrual basis including
revamping COGS accounting process.
. Served as primary touch point for the company's key partners.
CORELAB PARTNERS, INC. (formerly RadPharm, Inc.), Princeton, NJ 2007 -
2013
Chief Financial Officer
Responsible for all financial, banking, legal, contracts, human resources,
facilities, pricing and administrative activities of a PE owned $65M+
provider of imaging core lab and comprehensive cardiac safety and efficacy
services for Phases I-IV global clinical trials.
. Set up infrastructure to support business growth and diversification,
which led to a company award as 3rd fasting growing company in central
New Jersey and resulted in a merger with Cardiac Safety Services Company.
. Reorganized business to reduce operating expenses by $11M over a 2 year
period as part of a business integration and cost reduction initiative.
. Directed M&A activities, including negotiations, deal structure, synergy
identification, due diligence and integration for 2 successful business
transactions.
. Managed expense growth below rate of revenue growth leading to CAGR on
EBITDA of 20% over a 5-year period and 12% over a 2-year period.
. Improved financial credibility with no significant audit adjustments in 5
years and closing process reduced from 20 days to 10 days.
. Facilitated Series B ($10M) and Series C ($10.7M) equity financing.
. Finalist for New Jersey Technology Counsel (NJTC) "CFO of the Year" award
(2008).
DENIS J. MANGINELLI, CPA
Page 2
OMNICARE CLINICAL RESEARCH, INC., King of Prussia, PA 2005 - 2007
Vice President of Finance, Human Resources & Chief Financial Officer
Responsible for all financial activities of a $200M+ Contract Research
Organization (CRO) operating in 30 countries. Subsidiary of Omnicare, Inc.,
a $6B company and the nation's leading provider of pharmacy services to
long-term care facilities.
. Reorganized business globally, reduced resources and stabilized gross
margins during period of revenue decline. Margins increased by 1% while
revenue decreased by 7%.
. Negotiated new vendor agreements for key suppliers, with savings of
$0.5M.
. Reduced SG&A expenses over 10% to maintain profit margin during period of
revenue decline.
. Implemented new revenue/invoicing system to automate manual processes and
prepare business for future growth. Reduced resources, saved $0.5M and
reduced invoicing time by 3 days.
Additional Relevant Experience:
AVENTIS PHARMACEUTICALS, INC., Bridgewater, NJ
2000 - 2005
Director Finance - Administration
HOECHST MARION ROUSSEL, INC., Kansas City, MO 1995 -
2000
Director Business Services
HOECHST CELANESE LIFE SCIENCES GROUP, Somerville, NJ 1993 - 1995
Director of Group Finance
HOECHST CELANESE CHEMICAL GROUP - CLEAR LAKE PLANT, Houston, TX
Plant Controller 1991 - 1993
HOECHST CELANESE CORPORATION, Somerville, NJ 1990 - 1991
Director of Financial Planning
HOECHST CELANESE RESEARCH DIVISION, Summit, NJ 1987 - 1990
Research Site Controller
CELANESE SPECIALTY OPERATIONS, Chatham, NJ 1984 - 1987
Manager of Financial Analysis
CELANESE CORPORATION, New York, NY 1980 - 1984
Supervisor of Financial Reporting
ERNST & YOUNG, New York, NY 1977 - 1980
Audit Supervisor
EDUCATION
M.B.A. Finance, St. John's University, Jamaica, NY - 1984
B.S. Accounting, Long Island University - C.W. Post Center, Greenvale, NY -
1977
CERTIFICATIONS
Certified Public Accountant - New York and Pennsylvania
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