Accounting Manager

RICHARD J. LENAHAN, CPA, MBA

Scotch Plains, New Jersey 07076

908-***-**** • **************@*******.***

Senior professional with international experience in the alternative investments, financial services, and consulting industries, including Big 4 Public Accounting. Extensive exposure in varying finance and accounting roles within companies ranging from startups to multi-national conglomerates. Research and synthesize complex accounting issues through excellent problem solving and analytical skills, enabling senior management to make critical business decisions. Ability to quickly learn new systems and technologies. Managed as many as 12 professionals at various levels, providing training and leadership. Foster strong relationships with both internal and external stakeholders. Financial Statement Preparation • Monthly Accounting Close Process • Waterfall Models • Limited Partnership Agreements • P&L Allocations • US GAAP Research • SEC Reporting • Management Reporting • Investor Reporting Financial Planning & Analysis • Budgeting & Forecasting • Strategic Business Planning • M&A Due Diligence Systems Implementation • Stock Option Accounting • Defined Benefit Pension Plans • Currency Hedging • Project Management • Performance Metrics • Internal Controls • Policies and Procedures • Client Relationships SS&C, Inc. • Jersey City, NJ Apr 2017 - Present

Associate Director – BDC Product Manager

• Manage the monthly accounting and reporting process for Business Development Companies (BDCs), Private Equity Funds, Hedge Funds, and University Endowments.

• Maintain books and records and provide monthly NAV, perform calculation of management and incentive fees.

• Evaluate compliance of investment portfolios for IRS and SEC regulations.

• Provide investment performance reporting over various metrics and time frames. JP MORGAN • Brooklyn, New York Dec 2016 - Apr 2017 Consultant - Preparation and review of financial statements and footnote disclosures for multiple Private Equity, Conduit, and Master / Feeder Funds and a $15 billion Private Equity Infrastructure fund complex. STATE STREET BANK • Clifton, New Jersey Sep 2014 - Mar 2016 Vice President - Manage the monthly accounting process Business Development Companies, Hybrids, and Private Equity funds with a concentration in credit products and totaling approximately $4 billion in Assets. Controller for the monthly accounting close and NAV, including reviewing and approving the calculation of management and incentive fees. Prepare waterfall models to calculate preferred return, carried interest, and the distribution of cash to partners and the allocation of net income to maintain individual partners’ capital account balances. Coordinate with external auditors, attorneys, and tax professionals during year-end audits.

• Project Manager for the on-boarding of 3 new and 17 transitioning funds with commitments of over $2 billion.

• Assisted in the preparation of 10Q and 10K SEC reports for BDC companies.

• Created a new accounting process for a $450 million debt portfolio. CITIGROUP • New York, New York Apr 2007 - Sep 2014 Vice President - Manage the client relationship of 9 clients, with 48 private equity funds, having capital commitments of over $6 billion. Controller for the quarterly accounting, financial reporting, and administration process. Interpret limited partnership agreements and other legal documents to provide guidance on proper accounting in accordance with US GAAP and IFRS. Prepare waterfall models to calculate preferred return, carried interest, and the distribution of cash to partners. Review and approve the calculation of management fees, capital calls, distributions, and the allocation of net income to maintain individual partners’ capital account balances. Manage the dissemination of capital call and distribution notices, financial statements, and partner capital account statements. Coordinate with external auditors, attorneys, and tax professionals during year-end audits.

• Project Manager for the on-boarding of a new client having 11 funds and approximately $2 billion in capital commitments. Integrated all funds into the general ledger and reporting systems. Successfully completed project on time and under budget.

• Restructured a client's waterfall model on an individual partner and deal basis, accounting for partner cash flows under different investment participations.

• Conducted a liquidation audit of a fund and identified that cash distributions were made inconsistently with the Limited Partnership Agreement. Created an analysis to reconstruct historical cash distributions, thus identifying a $7 million adjustment to restate the partner capital accounts and redirect appropriate funds to each partner. RICHARD J. LENAHAN • Page 2 • **************@*******.*** CANTOR FITZGERALD • New York, New York May 2006 - Mar 2007 Vice President – Management Reporting - Prepared and presented monthly financial results and variance analysis from budget and forecast for multiple business lines to Senior Management, including the CFO and CEO. SMITH BARNEY • New York, New York Feb 2006 - May 2006 Consultant - Assisted in the launch of a new product for calculating Stock Option compensation. McKINSEY AND COMPANY • New York, New York Apr 2001 - Jan 2006 Accounting Manager - Controller for the accounting and reporting process of an internal private equity portfolio and 2 foreign based defined benefit pension plans. Managed the employee stock option plan and calculated monthly financial statement impact. Evaluated hedge effectiveness of forward currency contracts. Researched FASB statements and implemented new policies.

• Created an accounting and reporting system for an internal private equity investment portfolio to track securities received as payment in lieu of cash and used as deferred compensation to partners.

• Designed and implemented accounting systems to monitor the employee stock option plan and the hedge effectiveness of foreign currency forward contracts, including quantifying the financial statement impacts and footnote disclosures.

• Represented accounting group on a cross-functional team to design and implement an accounting and reporting system for a defined benefit pension plan and its related internally managed asset portfolio. OPTIMARK HOLDINGS • Jersey City, New Jersey Oct 1998 - Apr 2001 Assistant Vice President / Controller - Prepared 10Q and 10K SEC reports for a venture capital backed startup technology company. Managed all finance and accounting functions, including: monthly general ledger closings, cash management, employee stock option ledger, budgeting, forecasting, and financial planning and analysis. Monitored financial and operational Key Performance Indicators (KPIs).

• Promoted to Controller during the company’s restructuring.

• Constructed an analysis to segregate historical financial transactions into different business segments as part of the company’s divestiture of a business line.

• Developed an interactive financial model for Financial Planning & Analysis, to depict the company’s 5-year strategic business plan, including valuation, annual financial and capital budgets, and monthly forecasts using ad hoc analyses. BANKERS TRUST • New York, New York May 1997 - Oct 1998 Vice President / Legal Entity Controller - Prepared monthly financial reporting to Board of Directors and regulatory filings. NATWEST MARKETS • New York, New York Aug 1996 - May 1997 Assistant Vice President – Head Office Reporting - Prepared quarterly financial and operational results for capital markets derivatives portfolio for Senior Management and Bank of England regulatory reporting. STANDARD AND POOR'S • New York, New York Oct 1990 - Aug 1996 Asia Pacific Regional Controller - Prepared internal management reports, annual budgets, and monthly reforecasts. Managed the monthly accounting close process. Provided oversight for Policies and Procedures.

• Performed due diligence for the acquisition and integration of 3 target entities.

• Project manager for the implementation of a multi-currency accounting system.

• Created a financial model to analyze budget variances for the effects of both foreign exchange and volume.

• Created and maintained a revenue tracking database used for budgeting, forecasting, and product pricing. DELOITTE & TOUCHE • Parsippany, New Jersey Jan 1987- Oct 1990 Senior Auditor – Planned and executed financial audits in the Banking, Insurance, Retail, and Shipping industries. EDUCATION

Master of Business Administration in International Finance New York University - Stern School of Business, New York, New York Bachelor of Science in Accounting

St. Peter's University, Jersey City, New Jersey

CERTIFICATIONS

Certified Public Accountant, New Jersey

COMPUTER SKILLS

Microsoft Office Suite, Investran, Geneva, Hyperion, Great Plains

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