THOMAS G. TOOLAN

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

BRANCHBURG, NJ 08876

H: 908 . 253 . 0863 toolan 95 @ comcast. net

M: 908 . 295 . 7236 https:// www. l inkedin/ in/ Thomas - Toolan- 25751112 Profile

Solutions-oriented executive with a successful career providing the financial and operational leadership that has enabled a diocese and related entities to grow and transform. Serve as advisor to senior management throughout the diocese, schools, parishes, and affiliates to maximize financial performance, develop long-range strategic plans, and achieve cost reduction and growth objectives. Strength in building and leading teams in administering, optimizing, and reporting financial information in support of operations, programs, and strategies that have mitigated financial risks, enabled revenue generation, and advanced the mission of the diocese. Worked with members of the Finance Council, the Pension Committee, the Insurance Committee, the Auditing Committee, and was on the board of Catholic Charities. Hard working, self-motivated, dependable, and loyal leader. Core Competencies:

• Strategic & Organizational Planning / Management

• Performance Monitoring, Analysis & Reporting

• Budget Planning, Tracking & Management

• Implement Finance/Cemetery/Database Programs

• Investment, Cash, Asset & Fund Program Management

• Risk Management, Health & Welfare, and Fundraising Programs

• Auditing & Controls Management, Monitoring & Compliance

• Computer Skills (Excel, Word, Finance and Database Programs) PROFESSIONAL EXPERIENCE

DIOPSYS INC.– Pine Brook, NJ June 2016- March 2018 Consultant

DIOCESE OF METUCHEN – Piscataway, NJ 1983- Jan 2016 Executive Director of Administrative Services (2007-January 2016) Advanced and given full responsibility for Finance, Insurance, Facilities, Human Resources, Information Technology, and Cemetery Operations for 630,000+ member diocese. Manage and optimize accounting, financing, budgeting, cash management, debt placement and negotiation, financial planning and analysis, and insurance and risk management strategies. Monitor and ensure that all financial systems and controls adhere to best practices and support growth opportunities. Hold accountability for team of 34 through 6 executive reports, and oversee budgets of $40MM.

• Manage, forecast, and develop financial reports to support long-term decision-making. Direct and coordinate the annual budget process with senior leaders throughout the diocese.

• Lead the preparation of quarterly and annual financial statements for 23 entities. Prepare and present reports on key financial performance indicators and risks.

• Direct the planning, monitoring, and management of the self-insured Risk Management Program, encompassing the loss prevention / safety program, procurement and lease contract review, policy procurement, and liability and workers compensation claims processing.

• Oversee financial operations for the Fundraising Programs, including annual appeal, capital campaign, endowments, and planned giving.

• Interface with investment specialists to maximize the value of the investment portfolio and real estate holdings. Selected Achievements:

• Held critical role in migrating organization to a self-insured Health Insurance program that realized $1MM in operating funds. Collaborated with Director of Human Resources to set-up the structure for the new program.

• Managed the evaluation and selection of the new Finance and Cemetery systems that strengthened financial management, automated manual processes, and increased visibility of critical data.

• Spearheaded the implementation of a new program to improve profitability of schools and increase quality of education for students.

• Built critical relationship with Director of Human Resources to reduce costs of Health and Welfare benefits.

• Increased the profitability of the self-insured Property Insurance program to over $2MM that supported building projects for the parishes and the operating budget for the diocese.

• Provided the leadership for the construction of 2 mausoleums and a crematory, securing $1MM in sales revenue.

• Recruited a dedicated Investment Manager that resulted in centralizing the management assets valued at over $100MM. Led the migration of the Clergy Retirement Plan into a Trust Fund that mitigated potential risks. Director of Finance (2000-2007)

Promoted to provide the dedicated financial and operational leadership to enable the diocese, parishes, schools, and affiliated entities to achieve mission goals. Managed all aspects of budgeting, accounting, internal controls, cash and other investments, parish loan programs, and insurance risks. Held responsibility for staff of 6 through 2 direct reports. Reported to the General Secretary for Administrative and Legal Services.

• Analyzed, reported, and recommended solutions that optimized the financial performance of the diocese and entities.

• Implemented, monitored, and enhanced financial practices and policies that ensured appropriate segregation of duties and optimized the alignment of internal accounting controls with corporate policies, good business practices, and governmental regulations.

• Oversaw the internal Investment / Loan, Insurance, and Fundraising programs. Provided sound advice to management on potential financial, custodial, and risk exposures. Selected Achievements:

• Credited with building critical relationships with parishes, schools, and associated affiliates to evaluate needs, resolve financial and operational issues, and reduce costs as the diocese transformed and restructured.

• Directed the evaluation, selection, and rollout of the Diocesan Database Management Program and new MIP Fund Accounting software that improved productivity, reduced costs, and provided an effective means to manage financials for the annual $6MM Bishop Appeal programs and Diocesan operations.

• Oversaw the annual budget process for the diocese. Coordinated efforts of management teams in developing and presenting annual $30-40MM budgets to the Finance Council.

Accounting Manager (1994-2000)

Advanced to optimize the alignment of accounts receivable, accounts payable, payroll, general ledger, and financial auditing operations with the growing needs of the diocese and its 108 parishes, 42 schools, 35 cemeteries, and Catholic Charities. Grew and managed staff of 11 through 3 direct reports. Reported to the Director of Finance.

• Assumed responsibility for the management of accounting functions supporting the Property Insurance program, the Fully Insured Health Plan, the Self-Funded Pension Plan, the Newspaper, and the Parish Assistance, Plant, Custodian, Cemeteries, and Endowment Funds.

Selected Achievements:

• Established the organizational structure for the Accounting Department that effectively supported the growing operations of the diocese.

• Built the Annual Appeals Group and recruited dedicated resources to support the Bishop’s Annual Appeal. Accounting Supervisor (1988-1994)

Account Receivable Clerk (1983-1988)

EDUCATION

Bachelor of Science, Accounting

University of Scranton

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