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CFO,Director of Finance,ControllerManager Accounting

Park Ridge, New Jersey, 07656, United States
Minimum $125K
January 26, 2017

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James Hannagan

** ****** ****** ****

Park Ridge, NJ 07656



Chief Financial or Operating Officer in an Education, Industrial, Consumer products or Non-Profit company that will utilize my varied experience in Finance, Accounting and Administration.


Chief Financial Officer

AHED (American Higher Education Development Corp), New York, NY 2006 – Present

Responsible for full financial, treasury, accounting and administrative functions for this $36mm company which manages for-profit colleges in 7 US locations

Maintain corporate books and consolidate school financial statements for monthly Board presentations

Assist in all school acquisitions including projection models of balance sheets, income statements, cash flows, working capital and capital expenditures

Develop the annual school budget with school presidents and consolidate with corporate for annual Board approval

Oversee all insurance plans and renewals, including property, liability and benefits.

Administer the 401k plan

Maintain and create banking and lender relationships which include monitoring and covenants and delivery of financial documents when due

Work with outside auditors on advisory matters and annual FA and GAAP audits for all schools and corporate

Travel to all schools for budgets, forecasts and annual audits

Chief Financial Officer

Family Connections, Inc., Orange, NJ 2002 – 2006

Responsible for full Financial, Treasury, Accounting and Administration functions of this $6mm non-profit company

Developed budgeting system and accelerated to three year plan

Automated monthly closings which generated monthly financial and cost center report in twelve working days

Initiated monthly clinician productivity reporting

Upgraded school tuition and consumer billing and accounts receivable from manual to fully automated and integrated

Established computerized grant expenditure reporting and grant renewal budgets from manual

Director of Finance

First Occupational Center of New Jersey, Orange, NJ 2000 – 2002

Responsible for full Financial, Treasury, Accounting and Administration functions of this $20mm non-profit company consisting of five major businesses

Established weekly cash projections and cash flow analysis

Accelerated monthly closings to twelve days or less

Streamlined and enhanced the budgeting process

Developed a grant reporting system

Improved the financial systems to make them more responsive to the needs of the business

Controller / Business Manager

Prefabricated Fireplace Company, Clifton, NJ 1998 – 2000

Responsible for Finance and Operations of this 6mm company

Converted all accounting functions from manual to Peachtree

Developed budgets and forecasts for internal use and for presentation to lenders

Introduced cost accounting and monthly physical inventories to assure profitability

Chief Financial Officer

Spectrachem Corporation, Paterson, NJ 1986 – 1998

Responsible for all operations of this $8mm water-base textile ink manufacturer. Originally hired to take the company through a successful Chapter 11 Bankruptcy to recovery and profitability.

Implemented Cost/Pricing system to generate guaranteed profitability

Supervised compliance with New Jersey D.E.P. and ECRA regulations

Coordinated Sales and R&D to establish new products and product lines

Created computerized financials, budgets, forecasts, sales goals, and break-even analyses

Prior Job Experience:

Financial V.P. – Men’s Apparel Manufacturer

Controller – Direct Mail Company

Assistant Controller – Cutting Tools Manufacturer

Cost Accounting Manager – Electronics and Cable Manufacturer

Cost Accounting Manager – Alco Gravure Printing Company


BS Accounting / Finance – Seton Hall University

Technical Skills:

MS Word, MS Excel, MS Outlook, Quickbooks, Peachtree, J.D. Edwards, Lawson

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