West Babylon, New York *****
Chief Financial Officer
Tenured business strategist and finance executive with success delivering key contributions towards business growth, profitability, cost minimization, and operational efficiency. Excel at supervising teams and managing standard accounting functions, such as reporting, analytics, taxes, and audits. Directed a wide array of business endeavors for multinational organizations, steering all phases of initial planning, funding, contract development, negotiation, and project management. Provided calculated leadership, advice, and support through monumental mergers and acquisitions.
Cash Flow Analysis and Forecasting
System Design and Implementation
Team Leadership/ Development
Tax, Legal, and Regulatory Compliance
Operations and Capacity Planning
Due Diligence, M&A
Reliant Funding, Melville, NY
Chief Financial Officer, 6/2017 – 2/2020
Employed best practices to stimulate the financial growth of a middle market lending company with 200 employees in finance, underwriting, collections, and credit management. Built and sustained professional bank, shareholder, and lender relationships. Planned and prioritized business development and finance activities, such as taxes, audits, and compliance. Prepared explanatory reports, defined standard scorecards, and determined performance metrics allowing staff to visualize variances and inefficiencies.
Achieved quantified improvements in liquidity, collections performance, and operations cycle time.
Increased profitability 20% within one-year period.
Norman CFO Advisory Services, New York, NY
President, 1/2014 – 5/2017
Consulted numerous start-ups, early stage, mid-stage, and multi-national companies. Prepared five-year plans with details pertaining to staffing, process engineering, project management, and capital raise. Directed request for proposal, request for information, contract development, vendor negotiation, and implementation processes. Performed market research for new product developments, led several new business launches in multiple industries, and aided with cash flow optimization, due diligence, and development. Provided capacity planning solutions, such as labor modeling, incentivization, process mapping, audits, and compliance. Performed additional controllership and accounting functions.
Supported the development of an Aerospace start-up as an interim CFO.
Introduced new products, improved accounts receivable turnover, and sourced start-up capital for new ventures.
The Pay-O-Matic, Syosset, NY
Chief Financial Officer, 4/2009 – 12/2013
Delivered financial and administrative services for the company and subsidiaries, employees, banks, and lenders. Tenaciously surveyed market trends as the groundwork for business expansion and growth. Led all accounting, legal, regulatory, compliance, and control audits with consistent results. Integrated new prepaid debit card business resulting in financial increase and diversification.
Adopted numerous cost reduction initiatives and realized measurable improvements in cash liquidity.
Headed cradle to grave mergers and acquisitions from competitor analysis to bidding and auctions.
Generated ample investment capital to inspire business evolution.
Clout Financial Services, Westport, CT
CFO/ CEO, 10/2005 – 3/2009
Managed $200M credit-card portfolio and extensively assessed growth potential, capital, liquidity requirements and expenses. Developed exit strategies for the business and prepared the company for an acquisition. Stabilized delinquency and charge-off performance through ongoing management of MIS tools, goal setting, and increased performance accountability. Conducted in depth analysis, presented findings, and made recommendations to the board.
Directed all investment banking activities resulting in a successful portfolio sale and company dissolution process.
Generated over $5 million in new capital.
Achieved increased sales by determining embedded value of secondary market credit card charged-off accounts receivables and leveraging multiple industry relationships.
Senior VP – Credit Card, Branch Banking, Corporate Technology (1996 to 2005) JP Morgan Chase
Vice President – Credit Card, Mortgage, Collections (1985 to 1996) Citigroup
Staff Accountant – Singer, Lewak, Greenbaum & Goldstein, CPA’s (1984 to 1985)
Education and Credentials
Bachelor of Business Administration, Accounting Major
Pace University – Pleasantville, NY
Treasurer/ Director of Financial Service Centers of New York, 2009 - 2013
Eastchester School Foundation, 2004 - 2009