CPA, Accounting Manager, Financial Reporting, CGFM, Secret Clearance
Resume:
TIMOTHY J. HENNESSEY, CPA MBA CGFM
Washington, DC 20009
Email: ***@************.*** Mobile: 954-***-**** Website: www.henfinancial.com
SUMMARY A seasoned finance and accounting manager with over twenty years’ experience in government contracting, public accounting/auditing, investment banking and as CFO/Controller of several different organizations. Federal agency projects include Loan Underwriter for the SBA COVID19 stimulus program, Group Lead for an Audit Readiness/Internal Control project with the Department of Defense (DoD), and Grant Manager for the US Treasury’s emergency relief for victims of the BP/Deepwater Horizon disaster. Member of SBA Inspector General Team which audited banks after the 2010 financial crisis (Recovery Act). Private sector engagements include projects with Amazon, PNC Bank, Iron Mountain and the French International School among others. Several years’ prior experience as an Investment Banker on Wall Street and as a CPA/Auditor for a major public accounting firm. Broad experience as senior point of contact (POC) on various client engagements. Active, Secret US security clearance.
EDUCATION KELLOGG SCHOOL OF MANAGEMENT Evanston, IL
NORTHWESTERN UNIVERSITY
Master’s Degree in Business Administration (MBA) - concentrations in Finance, Managerial Economics and International Business. Magna cum Laude.
Student Body President.
UNIVERSITY OF NOTRE DAME South Bend, IN
Bachelor’s Degree in Business Administration (BBA) – concentration in Accounting. Certified Public Accountant (CPA). Dean’s Honors List. Summer internship in public accounting with Ernst & Young (now EY), Pittsburgh, PA.
EXPERIENCE
2001-Present HENNESSEY FINANCIAL SERVICES Washington, DC Owner/Founder
One person subcontracting business which provides Accounting/Audit/Grant/Loan contracting services to Federal agencies, contractors, businesses, and nonprofits on a full time, contract or project basis. Agencies served include Defense, Health and Human Services, Treasury, Energy and the Small Business Administration (SBA). Services provided include compliance audit and internal control reviews, risk assessment, IT financial system review/upgrade, budget preparation, grant management, loan review, financial reporting, preparing weekly client deliverables and making presentations to leadership. Controller services include preparing financial statements, managing annual outside audit, monthly closing, board package/presentations, budgeting/financial modeling, managing accounting departments, and writing business plans. Directly responsible for team coordinating, training, managing, reviewing/QA, and preparing and presenting deliverables to clients. Worked extensively with senior executives, large consulting firms, Federal agencies, smaller government contractors and outside auditors. Engagement listing by year and project descriptions are 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 commerce links to the Wellness, Fitness and Alternative Medicine sectors. Wellness/Fitness business link for WebMD after its successful IPO. Directly responsible for financial statement and budget preparation, writing and updating business plans, strategic planning and negotiation of vendor agreements and joint ventures. Managed relationships with investors, partners, commercial banks and legal and tax advisors.
1993-1998 DELOITTE LLP New York, NY
Senior Manager, Corporate Finance Group
Senior member of Investment Banking/Corporate Finance Group. Directly responsible for all capital raising transactions for clients including bank loans, senior debt, private equity, expansion capital, mezzanine debt and acquisition financings. Responsibilities included credit analysis, structuring and marketing financing transactions to banks and other investors, maintaining relationships with debt and equity capital sources, preparing financial projections, writing company background materials and financing memoranda, negotiating debt terms and banking covenants, reviewing legal documents and closing of transactions. Specialized in raising capital for small and middle market (pre-IPO) companies, including debt and equity financings for expansions, acquisitions and recapitalizations. Arranged financings in a wide variety of industries including telecommunications, pharmaceuticals, financial services, technology, retail and energy.
1991-1993 SIB, Ltd. (an affiliate of JP MORGAN) New York, NY
Vice President, Corporate Finance Group
Member of two man Corporate Finance team hired to restructure, sell or liquidate the bank’s troubled US loan portfolio. Extensive experience in credit analysis, loan origination and syndication, restructurings, bank covenants, liquidations and workouts. Acting CFO of portfolio company in Arizona for six months - managed staff, cash, vendors, and financial reporting while writing offering memoranda and 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 Division of Morgan Stanley’s Investment Banking/Corporate Finance Group. Specialized in raising capital for small and middle market companies including senior debt, private equity, bank debt, private placements and growth financings. Responsibilities included preparing detailed financial projections, structuring and marketing transactions to potential investors, writing business plans and descriptive company memoranda, negotiating financing terms and bank covenants, and reviewing legal documentation and closing of transactions. Successful financing transactions executed within numerous industries and included senior secured and unsecured debt, bank loans, subordinated debt with warrants, and private equity.
1982-1985 ARTHUR ANDERSEN & CO. Chicago, IL
Audit Senior
Prepared and reviewed audited financial statements for small business and nonprofit clients in a wide variety of industries including technology, manufacturing, foundations, education and healthcare. Reviewed borrower loan provisions and financial covenants for compliance. Passed CPA exam. Left to attend graduate business school full time at Northwestern University (Kellogg MBA, 1985-87).
CERTIFICATIONS Certified Public Accountant (CPA, Active); Certified Government Financial Manager (CGFM, Active); FINRA (formerly NASD) Registered Representative, Series 7 and 63 (Inactive); Realtor and Property Manager (Florida; Inactive); Executive Certification in E Commerce from NYU (online). Experience with most general ledger and office systems including Oracle NetSuite, Workday, SAP and Sage Intacct. Advanced Excel experience including pivot tables, macros, and vlookups.
REFERENCES Available upon request.
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