Michael J. O’Connor

732-***-****

acxxmj@r.postjobfree.com

ISS Finance Director February 2016 to November 2016

$180M division of $700M company; Responsible for the accounting function, collections, cash management, dealing with all union related issues, job costings, forecasting, planning and budgeting

Major accomplishments include: Reengineered the Accounting department and setup new procedures; Improved financial results & collections and cleaned up the Balance Sheet

Temco Controller March 2006 to February 2016

$100M division of $325M company; Responsible for the accounting function, collections, job costings, forecasting, planning & budgeting and teaming with the operations group in providing customer satisfaction while minimizing costs

Major accomplishments include: Reengineered the Accounting department and reduced monthly close from 60 days to 20; Developed billing system that satisfied the specific needs of our client; Automated the purchasing function, resulting in improved control over our spending and reducing our expenses by $500,000; and Decreased debtor days from 90 to 45

Remco Controller January 2004 to March 2006

$25M subsidiary of $100M company; Direct supervision of the Accounting, Planning & Budgeting, Treasury and I.T. areas; Responsible for the development and implementation of company policies, procedures and controls; the preparation and presentation of financial results; the implementation of new systems; and dealing with auditors and banking personnel

Major accomplishments include: Developed a budget package; Coordinated the conversion of the Accounting (MAS200) system; and established a relationship with Chase Bank, including the setup of a $1,000,000 asset based lending credit line

Independent Consulting January 2003 to December 2003

Worked on special projects (i.e., collections, monthly financial results, year-end audit, etc.)

Triangle Network Director of Finance June 2000 to December 2002

$40M in annual revenues with operations in six states; Direct supervision of the Accounting, Planning & Budgeting, Treasury and I.T. areas; Responsible for the development and implementation of company policies, procedures and controls; the integration of acquired companies and new business (organic growth); the preparation and presentation of the Board package; the implementation of new systems; and dealing with auditors, banking/investment personnel, equipment leasing companies, third party attorneys and insurance consultants

Major accomplishments include: Integrated $25M in revenues; Reengineered the Accounting department and reduced the monthly close from 60 days to 20; Developed a budget package; Coordinated the conversion of the Accounting (MAS90) system; Reduced Medical and General Insurance Expense by $250,000; Converted relationship with third party payroll leasing company from a PEO to an ASO resulting in an annual savings of $200,000; Set up credit lines of $2,500,000 with Merrill Lynch (asset based lending of $1,500,000 and equipment of $1,000,000), resulting in an annual interest savings of $800,000

Atlantic Express Director of Finance January 1997 to June 2000

$400M in annual revenues with operations in twelve states; Direct supervision of the Accounting, Planning & Budgeting, Treasury, I.T. and H.R. areas; Responsible for the development and implementation of company policies, procedures and controls; the integration of acquired companies and new business (organic growth); the preparation and presentation of the Board package; SEC reporting; the implementation of new systems; and dealing with auditors, banking personnel, third party attorneys and insurance consultants

Major accomplishments include: Integrated $250M in revenues due to fourteen acquisitions, expansion to seven new geographical areas and growth in six existing locations; Reengineered the Payroll, I.T., Accounting and H.R. departments which resulted in an annual savings of $500,000 as well as a structure based upon being proactive rather than reactive; Developed a financial reporting package and reduced the monthly accounting close from ninety days to twenty; Coordinated the conversions of the Payroll (Infinium), Accounting (Solomon), Charter Billing (IDS) and Safety and Personnel (SMS) systems; and provided leadership to project team responsible for “Y2K” compliance and installation of Local Area Networks (LAN)

ISS International Service System, Inc. April 1984 to January 1997

Controller, New York Metro Area April 1994 to January 1997

$300M in annual revenues with operations in three states; Responsible for the accounting function, collections, claims analysis, job costings, forecasting, planning & budgeting and teaming with the operations group in providing customer satisfaction while minimizing costs

Major accomplishments include: Reengineered the Accounting department which resulted in an annual savings of $250,000 while increasing overall quality and productivity; Developed a job P&L system; Reduced debtor days from 90 to 45; Worked with external consultants on the reorganization of the New York area resulting in an annual savings of $1M as well as a structure based upon decentralization and empowerment rather than control

Controller, Mid-Atlantic Area November 1986 to April 1994

$80M in annual revenues with operations in five states and Washington, D.C.; Responsible for the accounting function, collections, claims analysis, job costings, forecasting, planning & budgeting and teaming with the operations group in providing customer satisfaction while minimizing costs

Major accomplishments include: Integrated three acquisitions and increased revenues of $75M; Consolidated and reorganized several operations resulting in an annual savings of $500,000; Member of project team that installed the JD Edwards G/L, Billing & A/R, A/P and Payroll packages; Member of Self-Directed Work Team committee which was responsible for increasing employee productivity while decreasing turnover and absenteeism

Manager of Systems, Controls and Procedures April 1984 to November 1986

Assisted with installation of ADP’s financial and payroll systems, resulting in annual savings of $1.25M; generated user documentation and trained user personnel; Provided leadership to acquisition project team that enabled the successful integration of new companies

Education

Pace University, New York City, New York

BBA in Accounting and Management Information Systems, Graduated Magna Cum Laude

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