Jason R. Kasallis
*** ***** ***. • Deerfield, IL 60015 • 847-***-**** • *********@***.*** • https://www.linkedin.com/in/jason kasallis
Chief Financial Officer with global experience delivering increased shareholder value to start-ups, and mid-caps through creative leadership, operational discipline, and strategic thinking. Inspires confidence with team members, customers, senior executives, and Board members, while navigating organizations through complex and critical early stage, high growth, and turnaround situations. Results-oriented management style. Extensive cross-industry experience. Success in fostering work cultures based upon accountability and excellence. Reputation for building high performance teams, cultivating client relationships, and driving top-line growth. Select accomplishments:
Award-Winning Top-line Revenue Growth: Helped lead the way to 2,736% growth at Market6 an early stage startup and grew recurring revenue from $0 to $28M. Company made the Crain’s Fast Fifty for 3 consecutive years (2016, 2015, and 2014) and Inc.’s Top 500 for 2 years in a row (2014 and 2015), with the highest ranking at #143.
Mergers and Acquisitions: Lead financial due diligence and operational planning process at Market6 for complex merger and acquisition with 84.51 LLC a wholly owned data analytics subsidiary of The Kroger Company.
Equity and Debt Financing: Led $15M Series C private equity financing and $10M debt financing. Established customer-to-cash processes to defer future financings.
Finance Transformation: Consolidated financial operations. Led multiple financial system integrations. Developed >50 professional and non-professional leaders.
Strategic Business Planning and Change Management: Reshaped organization’s culture to a team of collaborating groups, melding Finance and Sales into enabling partnerships.
Software Conversions: Multiple conversions from manual excel systems to automated systems, both platform and web based.
Software: Advance knowledge of Excel, Word and PowerPoint, expert in QuickBooks desktop and QuickBooks online, SaaS Optics (revenue recognition), Timberline (Sage 300), Yardi, ACC-PAC, Zuora and many other Windows and Mac software.
B2B Software • Gaming • Global Operations • Hospitality • IT Infrastructure • Strategic Financial Services • Real Estate Development
Accelerating Corporate Performance and Financial Excellence
Strategic Business Planning
Revenue Profit Generation
Mergers Acquisitions Integration
Corporate Restructuring Consolidation
Investor Shareholder Relations
Business Development Negotiations
Corporate Equity Structure
Market Viability Revenue Planning
Financial Operations Management
A Career of Driving Shareholder Value
MARKET6, INC., a big data SaaS provider of business to business analytic solutions. 2011 – 2016
CHIEF FINANCIAL OFFICER (CONTROLLER FROM 2011 THROUGH 2015), Deerfield, IL
Recruited by executive team to prepare company for commercial launch, to ramp revenue and operations for profitability and scalability in a high growth environment, to establish a results-oriented culture, and to create an attractive environment for incoming elite CEO. Directed budget of $18M.
Lead financial due diligence and operational planning process at Market6 for complex merger and acquisition with 84.51 LLC a wholly owned data analytics subsidiary of The Kroger Company.
Grew recurring revenue from zero to $28M in five years. Developed creative cash management strategies to extend financing timeline, positioning company for more attractive growth investment.
Led negotiations and closed on three financing lines totaling $9M, including two asset-based lines and a Growth Capital Advance, improving operational cash flow.
Integrated HQ and administrative operations to IL, improving alignment with employee demographics, and reducing overall burn. Developed customer contracts with up-front payment terms to maximize cash, achieving positive EBITDA within third quarter of flagship product launch.
Successfully closed a $15M Series C round of equity financing.
Developed innovative sales promotions program to accelerate cash inflow $3M, deferring any cash infusion requirement.
Designed automated revenue recognition process and converted from a manual system.
Green Courte Partners, Inc., a RIET focused on a vast range of real estate investment vehicles. 2010
CONSULTANT, Lake Forest, IL
Brought in by the Senior Vice President to focus on the day-to-day financial operations on a select number of the RIET’s properties.
Produced monthly financial statements for 10 separate projects.
Led multi-location revenue, A/R, A/P, payroll, and general ledger on schedule.
KL International LLC, an International Timeshare Resort and Casino development/management company. 2007 – 2010
PRINCIPAL FINANCIAL OFFICER, Lake Forest, IL Anguilla, Curacao and Aruba
Recruited due to my extensive knowledge of hotels and timeshare to shore up the company’s financial systems and reorganize structure of the company.
Centralized the company’s accounting function to the U.S. from Aruba, resulting in increased efficiency
Improved relationships with all lenders and title companies, during a period of Worldwide economic downturn.
Supervised the companies’ cash management team, IT staff and Human Resources Department.
Administered all employee benefits plans, foreign and domestic.
Established daily cash flow management tracking process.
Established capital lease line for corporate infrastructure requirements.
Implemented and approved all internal controls and safeguards for the entire company.
Oversaw the Financial Operation of the entire Casino and Restaurant
Optima Inc., one of the top privately-held architectural and real estate development firms in the country. 2003 – 2007
CORPORATE CONTROLLER, Glencoe, IL
Recruited to expand the Accounting and Finance department, during tenure, the company grow over 600% in 2 years, with a 500% increase in the number of units developed.
Produced financial statements for all 45 corporate entities including: 12 Managed Condominium Associations, C Corporations; S Corporations; Limited Partnerships and Limited Liability Companies.
Produced year-end tax returns with outside accounting firms for all 45 corporate entities
Supervised IT staff and all computer expenditures for multiple office locations.
Produced partnership distributions and allocations on all development projects with multiple investment levels.
Supervised the Human Resources Department, administered all employee benefits plans and negotiated medical and dental plan renewals.
The Vandenburg Organization d/b/a Caldwell Bank Europe., real estate investment company 2001 – 2003
CORPORATE OFFICER/ DIRECTOR OF REPORTING AND CONTROLLER, Chicago, IL
Selected to improve the finance and reporting of European operations. Managed company cash position. Implemented more efficient reporting for the franchise start-up company.
Developed and produced the fifteen-country, multiple-currency financial consolidations.
Manage corporate cash flow for all domestic and foreign affiliates, performed all foreign currency transactions
Responsible for all international and domestic tax compliance, maintained international tax structures in conjunction with external tax advisors
Oversaw all international and domestic legal and accounting relationships
Restructured operations of the foreign and domestic affiliates
Shell Vacations LLC, Shell Vacations one of the largest privately owned timeshare, hospitality and resort companies in North America 1998 – 2001
CORPORATE AUDITOR/REGIONAL CONTROLLER, Northbrook, IL
Senior Member of the Corporate Cash Management Team;
Led a total overhaul of the standard general ledger format and financial statement format for the timeshare division;
Designed and implemented Weekly Sales and Marketing Report for the parent company’s fifteen separate timeshare subsidiaries;
Responsible for complete restructuring of the internal controls for the company’s Hawaiian hotel subsidiary;
Completed installment sales reconciliation of ten timeshare projects;
Generated Monthly Consolidated Financial Statements for Corporate Capital Partner;
Responsible for the production of monthly and year-end financial statements and corresponding reconciliations for four hotels
Originated a property management system change at the company’s Chicago based hotel;
National Association of Realtors, national association for all Real Estate agents 1997 – 1998
BUDGET AND CASH MANAGEMENT ANALYST, Chicago, IL
Produced three-year budget for seventeen divisions of the National Association of Realtors, including plausibility, variance testing, and reconciliation of employee hours by division;
Produced monthly and year-end financial statements and corresponding reconciliations;
Realtors Political Action Committee (RPAC) Accountant;
Reconciled RPAC investment portfolio.
The Custom Companies, a full-service freight company 1996 – 1997
SENIOR ACCOUNTANT, Northlake, IL
Senior Accountant for The Custom Companies, a full-service freight company with annual sales of approximately $50 million.
Wurth Illinois Inc., an aftermarket auto parts manufacturer 1994 – 1996
FINANCIAL MANAGER, Bensenville, IL
Financial and Office Manager for a subsidiary of the world’s largest after-market wholesaler of automotive parts.
Education
BS, Accounting, Trinity Christian College, Palos Heights, IL
References
Available upon request