JOHN S. BARRY Senior
Financial Executive
Forecasting ~ Strategic Planning ~Process
Reengineering ~ Risk Management
Innovative executive with extensive experience within highly competitive
markets. Analytical Strategist skilled in successfully navigating firms
through periods of both rapid growth and contraction. Collaborative
communicator continually focused on building relationships and promoting
synergy across business lines to drive positive change, cohesive,
comprehensive business approaches and enhanced profitability.
Areas of Expertise
V Treasury
V Budgeting/Analysis
V Strategic Planning
V Tax
V Pension Management
V Risk Management
V Process Reengineering
V Meager and Acquisitions
Experience and Notable Contributions
KENYON & KENYON LLP New York, NY
May 2000 to Present
Legal service provider with annual review of more than $125 million.
Chief Financial Officer
Direct all facets of financial management.
. Established new collection metrics within the Collections group which has
resulted in a 40% increase in Firm collection efficiency over three years
as well as the implementation of a risk assessment program as part of the
client intake process.
. Recommended and implemented new banking relationships which automated the
Treasury process resulting annual labor savings of $30,000, an increase
in annual investment income of $100,000, and a decrease in interest
expense by $150,000 as the result of renegotiating terms and length of
the Firm's loan portfolio.
. Reduced operational costs by $3 million annually by implementing
operational audits together with stringent budgeting and cost control
processes.
. Established a Client Budget and Profitability group which instituted
budget and profitability reviews to identify clients who are
underperforming in relation to the Firm's profit objectives.
. Proposed and implemented a Client Billing Policy encompassing electronic
billing that has resulted in timelier client billing with an increase in
monthly cash flow of approximately $1 million.
. Designed and implemented an imaging process for all Firm financial
documents together with identifying and improving data processing systems
and procedures for the distribution of operational and financial
information that resulted in annual savings of $350,000.
. Proposed and implemented a change in the Firm's 401K provider which
provided employees with a wider selection of investment options,
significantly better returns, and lower costs.
. Reengineered the travel and entertainment reimbursement process by use a
web-based application (Chrome River) and ACH payments resulting in cost
savings of $100,000 annually.
. Proposed and implemented a comprehensive Human Resource/Payroll
Management System which has resulted in cost savings of $75,000 annually.
(Continues)
MENDES & MOUNT LLP New York, NY
November, 1991 to May, 2000
Legal service provider with annual review of more than $100 million.
Finance Director
Direct all facets of firm financial management including the operations of
an escrow account with an average daily balance of approximately $100
million in addition to hardware/software management.
. Aggressively pursued outstanding accounts receivable which resulted in
revenue growth of 65% over the past three years.
. Responsible for the implementation of a new financial software
application that enabled the Firm to process a high volume of
transactions resulting in improved efficiency, greater control, and
enhanced management reporting.
. Reorganized a $100 million escrow account operation to more efficiently
process some $1 billion in annual receipts and disbursements.
. Re-engineered and cross-trained the Finance department by work groups
resulting in a staff reduction of 33% and annual savings of approximately
$300,000.
. Proposed and implemented a recapitalization program that resulted in
additional funds being made available for working capital.
SIMPSON, THACHER, & BARTLETT LLP New York, NY June
1985 to November 1991
Legal service provider with annual review of more than $100 million.
Manager of Planning and Analysis
Managed all financial reporting, analysis, planning, and forecasting in
addition to all aspects of cash management and payroll.
. Directed the installation of new payroll systems which saved the firm
$50,000 and 250 man-hours annually.
. Managed the installation of new financial software which improved
reporting and more efficiently handled transaction work.
. Established an annual budget process with quarterly reviews conducted by
the Management Committee.
THE CAMPUS CORPORATION Paramus, NJ September
1980 to June 1985
Senior Staff Accountant
J.B. WILLIAMS COMPANY Cranford, NJ September
1978 to September 1980
Financial Analyst
Technology Summary
Spreadsheets and Databases: SQL, Excel, Access
Presentations and Communications: MS Word, Powerpoint, Visio
Education
Master of Business Administration
Fairleigh Dickinson University, 1984
Bachelor of Arts
Seton Hall University, 1978