Financial reporting, auditing.
Resume:
TIMOTHY J. HENNESSEY, CPA MBA
Washington, DC 20009
Email: ***@************.*** Mobile: 954-***-**** Website: www.henfinancial.com
SUMMARY A seasoned finance and accounting professional with over 20 years experience in financial reporting, internal control/audit, monthly close/board reports, government contracts/grants, and budget/financial modeling. Contract CFO/Controller for small to mid-sized companies in a wide variety of industries. Significant experience running accounting departments, completing annual outside audits, monthly financial statements and board reports, raising capital, due diligence, cash management, annual budget, tax returns, compliance audits and payroll. Previous work experience as a CPA/Auditor at a large, “Big Four” public accounting firm, and ten years as an Investment Banker on Wall Street, both serving the small business/middle market sectors. Federal contracting positions include a Senior Grants Analyst with the Department of Health and Human Services, establishing a FEMA emergency grant program at the Department of the Treasury, and a Loan Underwriter for the SBA’s COVID19 Loan Relief Program.
EDUCATION KELLOGG SCHOOL OF MANAGEMENT Evanston, IL
NORTHWESTERN UNIVERSITY
Masters Degree in Business Administration (MBA) - concentrations in Finance, Managerial Economics and International Business. Magna Cum Laude.
UNIVERSITY OF NOTRE DAME South Bend, IN
Bachelors Degree in Business Administration (BBA) – concentration in Accounting. Certified Public Accountant (CPA). Dean’s Honors List.
EXPERIENCE
2001-Present HENNESSEY FINANCIAL SERVICES Washington, DC Interim CFO/Controller Services Fort Lauderdale, FL
Acting CFO/Controller for small to mid-size companies on a permanent, contract or project basis. Services provided include: financial reporting and monthly board packages; budgeting and financial modeling; managing accounting departments; payroll; compliance audits; raising capital; mergers and acquisitions; and strategic planning. Directly responsible for coordinating and managing annual financial statement audit with outside auditors. Solid experience in numerous industries including technology, education, real estate, nonprofits, government, healthcare, banking, telecommunications, media, internet/e-commerce, retail, manufacturing, and insurance/financial services. Average client engagement length: 6 months. Full client list and engagement descriptions available upon request.
1998-2001 WELLNESS DISCOVERIES INC. New York, NY
Chief Financial Officer
CFO of early stage, online healthcare company which provided editorial content and B2B commerce links to the Wellness, Fitness and Alternative Medicine industries. Wellness/Fitness business link for WebMD after its successful IPO. Directly responsible for financial statement and forecast preparation, business plan and presentation preparation, equity business valuation, and negotiation of acquisitions and joint ventures. Managed relationships with investment banks, investors, vendors and legal advisors.
1993-1998 DELOITTE LLP New York, NY
Senior Manager, Corporate Finance Group
Senior member of Investment Banking/Corporate Finance Group. Responsible for capital raising transactions for clients including bank debt, private equity, venture capital, private placements and acquisition financings. Reviewed potential underwriters with clients for their Initial Public Offerings (IPOs). Responsibilities included marketing financing transactions to banks and investors, maintaining relationships with debt and equity capital sources, preparing financial projections and company background materials, and negotiating and closing transactions. Specialized in raising capital for middle market (pre- and post-IPO) companies, including debt and equity financings for expansions, acquisitions and recapitalizations. Arranged financings in a wide variety of industries including information technology, pharmaceuticals, financial services, retail and energy.
1991-1993 SIB, Ltd. (an affiliate of JP MORGAN) New York, NY
Vice President, Corporate Finance Group
Member of Corporate Finance team hired to restructure, sell or liquidate banks troubled US loan portfolio. Extensive experience in restructurings, bankruptcy negotiations, credit analysis and workouts. Acting Treasurer of portfolio company located in Arizona for six months - managed staff, cash and financial reporting while coordinating the due diligence, bidding process, and ultimate sale of the company. Created several financing structures during purchase negotiations that were instrumental to the successful sale of the organization.
1987-1991 MORGAN STANLEY DEAN WITTER New York, NY
Senior Associate, Investment Banking Group
Member of the Acquisition and Private Finance Group of Morgan Stanley’s Investment Banking/Corporate Finance Division. Specialized in raising capital for middle market companies including leveraged buyouts, private placements and growth financings. Responsibilities included preparing detailed financial projections, writing placement memoranda and other company presentation materials, structuring and marketing transactions to potential investors, negotiating financing terms and covenants, and review of legal documentation and closing of transactions. Extensive review and analysis of SEC filing documents for comparable companies. Successful financing transactions executed within numerous industries and included bank financings, senior secured and unsecured debt and subordinated debt with warrants. Worked as an Auditor in the small business group at Arthur Andersen & Co. for 3 years prior to attending graduate school full-time at Northwestern University (Kellogg MBA).
CERTIFICATIONS Certified Public Accountant (CPA, active); Certified Government Financial Manager (CGFM, active), FINRA (formerly NASD) Registered Representative, Series 7 and 63 (inactive); Licensed Realtor and Property Manager (inactive). Obtained Executive Certification in E Commerce from New York University’s Department of Information Technology.
OTHER Very proficient in Excel, PowerPoint, Word, Outlook and several types of accounting software including Oracle NetSuite, Intacct, Great Plains, Blackbaud/Financial Edge, FundEZ, Salesforce and QuickBooks. Obtained Secret U.S. Security Clearance for Federal government projects.
REFERENCES Available upon request.
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