Pat Heenan
Chief Financial Officer at Fromm Electric Supply Corp- Claim this Profile
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Bio
Experience
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Fromm
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United States
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Wholesale
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1 - 100 Employee
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Chief Financial Officer
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Aug 2016 - Present
Joined existing management team to provide leadership and guidance for finance function. Immediate need for process improvement and metric based benchmarking that can be used at enterprise level for strategic planning. Lead the daily tactical implementation plans for the finance group. Joined existing management team to provide leadership and guidance for finance function. Immediate need for process improvement and metric based benchmarking that can be used at enterprise level for strategic planning. Lead the daily tactical implementation plans for the finance group.
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Arcadia Recovery Bureau
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United States
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Financial Services
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1 - 100 Employee
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VP Finance
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Apr 2012 - Jul 2016
Replaced outside consultant to manage entire finance department for revenue cycle and receivables management company.Immediate need for process benchmarking within operations and finance teams. Streamlined processes within three person finance team to reduce close cycle by 50% from 30 days to 15 days. Established reporting methodology and closed out prior year audit and tax reports enabling negotiations with outside investors toward debt restructuring package. Created initial data… Show more Replaced outside consultant to manage entire finance department for revenue cycle and receivables management company.Immediate need for process benchmarking within operations and finance teams. Streamlined processes within three person finance team to reduce close cycle by 50% from 30 days to 15 days. Established reporting methodology and closed out prior year audit and tax reports enabling negotiations with outside investors toward debt restructuring package. Created initial data package to screen investment bankers for potential merger. Completed M&A transaction through asset purchase and launched new organization. Show less Replaced outside consultant to manage entire finance department for revenue cycle and receivables management company.Immediate need for process benchmarking within operations and finance teams. Streamlined processes within three person finance team to reduce close cycle by 50% from 30 days to 15 days. Established reporting methodology and closed out prior year audit and tax reports enabling negotiations with outside investors toward debt restructuring package. Created initial data… Show more Replaced outside consultant to manage entire finance department for revenue cycle and receivables management company.Immediate need for process benchmarking within operations and finance teams. Streamlined processes within three person finance team to reduce close cycle by 50% from 30 days to 15 days. Established reporting methodology and closed out prior year audit and tax reports enabling negotiations with outside investors toward debt restructuring package. Created initial data package to screen investment bankers for potential merger. Completed M&A transaction through asset purchase and launched new organization. Show less
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CFO
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May 1999 - Mar 2012
Full responsibility for all financial and administrative functions including accounting, budget, tax, cash management, benefits and internal IT Formulated a multi-layered financial package to build foundation for five year growth plan. Worked with venture capitalists, private banks, and leasing organizations to put together financing package for the company. Full responsibility for all financial and administrative functions including accounting, budget, tax, cash management, benefits and internal IT Formulated a multi-layered financial package to build foundation for five year growth plan. Worked with venture capitalists, private banks, and leasing organizations to put together financing package for the company.
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CFO
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Jun 1997 - May 1999
Professional Services Organization targeting the federal government marketplace. Responsible for all accounting, administration and proposal preparation activities. Tasked with assisting CEO in exploring stand alone existence and potential merger opportunities to fuel growth. Implemented separation agreement with limited partners and led leveraged buyout that established independent entity. Secured bank financing and created ESOP that enabled payout
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Director of Finance and Administration
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Jan 1994 - May 1997
Managed site offices for and large interdisciplinary team servicing large complex federal contracts. Grew office sites from ground level to peak of eighty people Negotiated all federal contracts and handled compliance and financial audits for all contracts. Obtained secret security clearance for the company. Functioned as security officer.
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Controller
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1992 - 1993
Selected by ERM management team to lead new initiative to penetrate governmernt marketplace. Developed presentation for company president's and obtained funding. Created limited partnership to start venture Worked with proposal team that successfully developed strategy that led to first two wins on $40 million in contracts to form the basis for operations. Selected by ERM management team to lead new initiative to penetrate governmernt marketplace. Developed presentation for company president's and obtained funding. Created limited partnership to start venture Worked with proposal team that successfully developed strategy that led to first two wins on $40 million in contracts to form the basis for operations.
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ERM
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United Kingdom
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Business Consulting and Services
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700 & Above Employee
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Controller
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1986 - 1991
Responsible for financial operation of environmental services firm including monthly closing, payroll, billing and cash management. Instituted internal controls for site expansion. Managed accounting staff of ten. Responsible for financial operation of environmental services firm including monthly closing, payroll, billing and cash management. Instituted internal controls for site expansion. Managed accounting staff of ten.
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Consolidation Supervisor
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1984 - 1986
Interim and year end financial reporting. Prepared quarterly and annual reports for SEC filings. Responsible for annual budget for all divisions and subsidiaries Interim and year end financial reporting. Prepared quarterly and annual reports for SEC filings. Responsible for annual budget for all divisions and subsidiaries
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Education
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Widener University
MBA, Finance -
Penn State University
BS, Accounting