John A. Pascale
Corporate Treasurer, 777 Partners, LLC and Corporate Controller, SuttonPark Capital at SuttonPark Capital- Claim this Profile
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Bio
Credentials
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Certified Public Accountant I State of New York, inactive
http://www.op.nysed.gov/prof/cpa/
Experience
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SuttonPark Capital
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United States
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Financial Services
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1 - 100 Employee
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Corporate Treasurer, 777 Partners, LLC and Corporate Controller, SuttonPark Capital
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Sep 2015 - Present
Retained through the acquisition of Singer Asset Finance for expertise in structured settlements, documentation, and schedules allowing sale execution. Go-to controller for all organizational accountants. Oversees month-end closing process, financial statement preparation in accordance to GAAP, and quarterly ad-hoc reports for the corporate board meetings. Manages AP, collections, monthly variance analysis, and annual budget preparations. Leads day-to-day operations, including credit facility oversight and deal originations, and provides oversight to daily treasury functions. Establishes accounting procedures and controls to allow accurate and timely monthly closes, financial statements, and annual audits. Valued member of Senior Management Team and currently being mentored for Director position. Performs cash projections and cash management for 777 Partners, LLC, of which SuttonPark is its largest subsidiary. • Assets under management increased from $50M to $2B between 2015 and 2019. Built accounting team from the ground up during a period of corporate growth. • Key contributor to SAP (Fiori) implementation team, providing leadership and improving efficiencies enterprise-wide. • Monthly closing goals reduced from 45 days to 20 days and improving as SAP is fully implemented. • Created, developed and implemented all systems for creation of budgets, monthly reporting, cash management, financial statement, variance analysis, statement of equity, and budget to actual analysis, and treasury functions. • Demonstrated reliability leadership, growing responsibilities from one company to 10 companies, leading to selection as acting Corporate Treasurer for parent company. • Completed 6 of the Company’s 30 annual audits, on time and with adjustments year-over-year. • Responsible for entities comprising 75% of the consolidated balance sheet. • Led experienced staff of 7 direct and 10 indirect reports.
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Singer Asset Finance Company, L.L.C.
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United States
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Financial Services
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Corporate Controller
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Feb 2001 - Sep 2015
Oversaw account analysis and reconciliations, monthly closes, and monitored daily activity. Continually developed and maintained a strong and loyal team to exceed goals and drive operational efficiencies. Led day-to-day financial operations and cash flow between departments. Collaborated with a variety of internal and external stakeholders, providing financial reporting to the executive team. • Drove change management during transition process to bring all accounting functions and special interest trusts under department jurisdiction. • Instrumental in providing all balance sheets, P&L, cash flow, detailed reports for assets under management financial reports and supporting documentation to assist in sale of Company to SuttonPark.
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Controller
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Jun 1995 - May 2000
Reported directly to the President of Company. Supervised 15 direct reports and performed day to day operations, accounting, and reporting responsibilities for 5 divisions. Performed strategic planning and development of the operations for each Florida division, including development of operating reports and budgets for division management. Ensured integrity of monthly financial statements for each South Florida division and prepared required 10-K and 10-Q schedules. Oversaw banking relationships and cash management, directing all financial and accounting activities for all Florida divisions with little or no direction for the parent company. • Assisted and coordinated the sale of four companies to C.A.T. Recycling, Inc. including financial due diligence and negotiating sales agreement
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Education
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Pace University
Bachelor's degree, Accounting and Business/Management
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