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Finance Executive

Location:
Boston, MA, 02124
Salary:
$170-$200k
Posted:
January 29, 2021

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Resume:

Henry W. Seemore, Jr.

Boston, MA

adjs0d@r.postjobfree.com - Mobile: 857-***-****

Corporate Finance & Operating Executive

Results-driven, process-oriented leader with significant experience and a proven track record providing the financial, strategic, and operational leadership to improve efficiency, achieve compliance, reduce costs, and generate revenue in entrepreneurial and multi-billion dollar operating environments across healthcare, consumer products and financial services. Strength in partnering with fellow executives, line management, business units, customers and cross functional teams to improve financial performance, reporting, strengthen controls, develop process metrics, and implement strategic measures to mitigate risks, increase decision-making, and deliver strong results in fast-paced environments.

Core Competencies:

Treasury Cash Management Banking Relationship Management Corporate Trust Strategic Planning & Operational Leadership

Financial Planning & Analysis Financial Reporting Investment Accounting

Compliance Audit Risk Management

Professional Experience

Five Star Senior Living – Newton, MA June 2020-Present

Senior Treasury Manager

Responsible to build a treasury department from “ground up” to support scaled growth for a $1.4B senior living and rehabilitation and wellness services company

Performed risk assessment of operations and created process metrics to accommodate SOX audits and Financial Reporting (10Q & 10K)

Established a robust treasury dashboard reporting framework and daily liquidity reporting process

Created 90 day horizon forecast projections to support organization’s transition through restructuring

Performed analysis of loan documentation to support debt prepayment resulting in $1.5M in NPV savings

Managed all banking relationships yielding reduced risk, reduced costs and increased efficiencies

Systems: Wells Fargo CEO, WorkDay

The Fallon Company – Boston, MA July 2019-Nov 2019

CFO (Interim)

Responsible for managing financial and risk mitigation operations for a privately owned real-estate development firm, including developing financial projections and preparing growth plans to support and guide the firm’s corporate expansion strategy.

Performed risk assessment of corporate finance operations and established process metrics

Established financial reporting framework and daily liquidity reporting process

Created 5 year project liquidity projections

Closed company’s project development debt investment in support of southeastern expansion strategy

PARTNERS HEALTHCARE – Boston, MA September 2014-June 2019

Treasury Director – Cash Management & Commercial Banking

Oversight for Cash & Liquidity Management, Commercial & Merchant Banking relationships of a $14B Healthcare system

Oversaw build out of rolling 6-month cash forecasts and variance analysis via Kyriba TMS & MS Excel in support of optimal liquidity resulting in a reduced Money Market Pool by $300M in support of operating needs of a 30+ affiliate hospital system

Created Treasury KPI dashboards via Excel to monitor banking fees, credit card fees, etc., resulting in over 20% & 73% reduction in annual fees respectively as well as a 15% increase in ancillary payables rebate revenue exceeding $8M annually.

Chair of Credit Card Oversight Committee - drove the strategic effort to centralize credit card processing leading to 216% growth (2014 ~$120M to 2019 ~$380M annual volume) and established PCI Compliance training program resulting in reduced risk of credit card data fraud

Drove strategy to reduce FX exposure by leveraging ACH cross border payments resulting in a 30% reduction in payment fees, reduction in settlement risk and streamlined payments processing.

Systems: CashPro, Peoplsoft, Kyriba, CoProcess

Senior Manager – Investment Accounting & Fund Administration 2009-2014

Oversight of financial accounting for 3 departments for a $14B healthcare system. Strengthened financial controls and worked closely with Investment Office to streamline month end close financial reporting over a multi-billion dollar investment & debt portfolio.

Financial Management

Drove the development of monthly KPI dashboards (including SWAP collateral monitoring) and process workflows for each department resulting in key analytics that drove risk reduction in financial reporting and 10% cost reduction in custodian fees.

Reduced financial reporting risks by creating accounting “Alert” models to calculate STDEV on investment line items.

Led a cross functional team through EPIC implementation (single billing system platform) resulting in cashless environment

Risk Mitigation & Compliance Management

Established a “SOX ready” process metric for more than 300 standardized processes and procedures across 3 departments

Annual Audit: strengthened systems and operational controls resulting in zero audit adjustments (interim and annual).

Partnered with GE Healthcare and served as Team Lead for inaugural division wide Process Improvement Program – resulting in significant time reduction for capital budget preparation and month end close processes by 3 days.

Organizational Transformation

Chair of the Finance Division’s first Diversity Council to enhance organizational effectiveness via cultural competency.

Launched division-wide on-line training program to deliver diversity awareness training to more than 5,000 system employees (including executive leadership) engaged in card processing.

Fostered a culture of collaboration, trust, and empowerment that increased employee satisfaction resulting in less than 1% of staff turnover in over 5 years (ranked top 99th percentile of system managers rating for Employee Engagement Survey)

(privately held Start-up - sold)– Los Angeles, CA & Providence, RI 2001-2009

Chief Financial Officer

Launched start-up venture to introduce and grow an automotive accessories business throughout North America, Europe, and Asia. Defined the business and operating plans, secured the funds, established the strategic partnerships, and built the finance & accounting organization to support rapid business growth. Successfully guided company from “start-up” to successful buyout by large licensee.

Strategic/Operational Planning & Rapid Business Growth

Drove more than 20% EBITDA and 50% compounded annual revenue growth within 3 years.

Elevated venture from owner funded to “bankable” status within the 1st 18 months of operations by securing multi-million dollar Asset Backed Lending, Lines of Credit facilities and loans with regional banks and state economic development agencies

Financial Management

Established, managed, and optimized organization’s financial structure to support rapid company growth within domestic and international markets. Established “financial framework” for managing budgets and sales targets and driving cost improvements.

Oversaw financial reporting/modeling process to evaluate performance against strategic initiatives.

Created KPI dashboard/BI tools that identified an ancillary revenue stream opportunity equating to a 20% increase in annual revenue and increased borrowing base

FLEET BANK / STATE STREET BANK / BANK OF BOSTON – Boston, MA 1989-2001

Dedicated 12-year Corporate Trustee/Relationship Management career managing and growing issuer debt portfolios valued up to $15B for national banking institutions. Recruited by Bank of Boston and promoted following acquisition by State Street Bank and subsequently recruited by Fleet Bank.

Educational Background

MBA - MASSACHUSETTS INSTITUTE OF TECHNOLOGY-SLOAN SCHOOL OF MANAGEMENT

B.S. - EMMANUEL COLLEGE

Community Leadership & Awards

Leadership

Executive Board of Directors (Treasurer) – NEW ENGLAND ASSOCIATION OF FINANCE PROFESSIONALS

Speaker/Panellist – NATIONAL ASSOCIATION OF FINANCE PROFESSIONALS ANNUAL CONFERENCE

Former Chair – PARTNERS FINANCE DIVERSITY & INCLUSION COUNCIL

Community

Board of Advisors – Paul Robeson Institute (Concerned Black Men of Massachusetts)

Recognitions

2004 Congressional Citation – (Small Business Person of the Year Awardee)



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