Experience

Comunilife, Inc.

• United States
• Mental Health Care
• 100 - 200 Employee

• Chief Financial Officer

  • Jun 2016 - Present

  Chief Financial Officer appointed to Executive and Senior Executive Committee directing $106M housing service, behavioral health service, homeless and shelter services organization and related affiliates (For-profit housing affiliates). Accountable for strategic planning, development and leadership of entire finance function as well as day-to-day operations of the organization and related entities. Recruited, developed and managed team of ten finance professionals, managers and support staff.



Services for the UnderServed (Formerly Palladia, Inc. and Affiliates

• Vice President of Finance

  • Dec 2014 - Jun 2016

  Greater New York City Area Vice President of Finance appointed to Executive team directing $180M multifaceted social service organization and its affiliates. Offered a role in merged organization to oversea all aspects of financial reporting for the merged organization and facilitate the merger. Accountable for development and leadership of entire merged finance function as well as day-to-day operations of the organization and related entities. Recruited, developed and managed team of thirty finance professionals… Show more Vice President of Finance appointed to Executive team directing $180M multifaceted social service organization and its affiliates. Offered a role in merged organization to oversea all aspects of financial reporting for the merged organization and facilitate the merger. Accountable for development and leadership of entire merged finance function as well as day-to-day operations of the organization and related entities. Recruited, developed and managed team of thirty finance professionals, managers and support staff. Show less



Palladia, Inc.

• United States
• Non-profit Organizations
• 100 - 200 Employee

• Vice President, Finance and Administration and Chief Financial Officer

  • Aug 2013 - Dec 2014

  Chief Financial Officer appointed to Executive and Senior Executive Committee directing $50M behavioral health service, homeless and shelter services, and housing services organization and related affiliates (Foundation, for-profit housing affiliates). Brought in to stem the successive operating losses and develop a strategic plan to bring the agency back to break even. Accountable for strategic planning, development and leadership of entire finance function as well as day-to-day operations of… Show more Chief Financial Officer appointed to Executive and Senior Executive Committee directing $50M behavioral health service, homeless and shelter services, and housing services organization and related affiliates (Foundation, for-profit housing affiliates). Brought in to stem the successive operating losses and develop a strategic plan to bring the agency back to break even. Accountable for strategic planning, development and leadership of entire finance function as well as day-to-day operations of the organization and related entities. Recruited, developed and managed team of eighteen finance professionals, managers and support staff. Notable achievements: Instrumental in guiding the agency through a merger which will result in a merged social service agency with annual revenue over $160M ensuring continued service to our clients, future financial stability for the agency and keeping 400 employees employed. Reworked the 13’-14’ board approved budget in light of current changes in assumptions to project a more realistic operating budget to the board and the executive committee in order to guide the agency forward in its deficit reduction plan.. Working with the executive management team to develop a deficit reduction plan to produce a balanced budget by the 2015-2016 fiscal year end. Current deficit reduction plan resulted in a net reduction in expenses of approximately $1.5M. Developed a long term (12 month) cash flow to help monitor cash and line of credit balance. Renegotiated LOC renewals with financial institutions. Renegotiated line of credit agreements and forbearance agreement with financial institution. Renegotiated vendor payment terms to alleviate cash flow constraints while maintaining services provided by our vendors. Restructured the finance department and re-established policies and procedures with-in the department and organization due to the lack of management within the department and organization. Show less



Daytop Village Inc.

• Non-profit Organizations
• 1 - 100 Employee

• Sr VP and Chief Financial Officer

  • Aug 2012 - Aug 2013

  Notable achievements: • Brought on by the restructuring firm to assist in managing and guiding the organization through Chapter 11 bankruptcy proceedings and its three year strategic business plan as it relates to the bankruptcy. Providing monthly P&L reports, cash projection reports and thirteen week cash flow projections for bankruptcy attorneys, courts and creditors. • Reduced organizational expenses in line with three year strategic plan through reduction of staff, space costs… Show more Notable achievements: • Brought on by the restructuring firm to assist in managing and guiding the organization through Chapter 11 bankruptcy proceedings and its three year strategic business plan as it relates to the bankruptcy. Providing monthly P&L reports, cash projection reports and thirteen week cash flow projections for bankruptcy attorneys, courts and creditors. • Reduced organizational expenses in line with three year strategic plan through reduction of staff, space costs, and renegotiating vendor contracts. • Restructured the finance department and re-established policies and procedures with-in the department and organization due to the lack of management within the department and organization. Show less



The Fortune Society, Inc.

• Chief Financial Officer

  • 2009 - Aug 2012

  •Performed detailed analysis of account receivable’s resulting in a write-off of $660K and subsequently cutting receivable write-offs through developing internal control procedures, instituting aggressive collection strategies and establishing constructive dialogue with funders. •Negotiated and structured financing agreements, resulting in basis point reductions, easing more favorable covenant restrictions and extending our borrowing an additional $500K. •Implemented accounting policies… Show more •Performed detailed analysis of account receivable’s resulting in a write-off of $660K and subsequently cutting receivable write-offs through developing internal control procedures, instituting aggressive collection strategies and establishing constructive dialogue with funders. •Negotiated and structured financing agreements, resulting in basis point reductions, easing more favorable covenant restrictions and extending our borrowing an additional $500K. •Implemented accounting policies and procedures within the finance department resulting in a clean management letter (prior year management letter had significant deficiencies noted). •Designed and tailored financial and operating reporting systems to help program units accurately monitor the spending on over 40 grant/contracts throughout the agency. Implemented monthly meetings with program units to discuss monthly spending reports and to address any significant variances from actual spending to budget. •Improved internal procedures for vouchering grants and contracts resulting in fewer costs being disallowed by funders. Improved internal procedures resulted in a structured process for vouchering to funders on a timely basis resulting in improved cash flow. Improved internal procedures ultimately relieved the agency from restrictions with various funders. •Managed cash flow needs of the agency on a daily basis. •Implemented internal control procedures with the development department to ensure that amounts entered into Raisers’ Edge through the development departments are reconciled on a monthly basis to the general ledger. •Improved the reputation of the finance department throughout the agency as a department that is knowledgeable, reliable and competent. •Directed the budgeting planning process for the 2012 $19m operating budget. •Responsible for the overall fiscal reporting activities for two for profit housing affiliates of the Fortune Society. Show less



Marks Paneth & Shron LLP

• United States

• Manager

  • Oct 2006 - Nov 2009

  •Overall responsibility for scheduling and supervising activities of staff members. •Planning, supervising and reviewing all phases of the audit, including the financial statements, report to management, and government reporting in compliance with OMB A-133 regulations. •Present audited financial statements and industry ratio trend analyses to audit committees and Board of Directors. •Review cost reports filed with various regulatory and funding agencies, which are used to… Show more •Overall responsibility for scheduling and supervising activities of staff members. •Planning, supervising and reviewing all phases of the audit, including the financial statements, report to management, and government reporting in compliance with OMB A-133 regulations. •Present audited financial statements and industry ratio trend analyses to audit committees and Board of Directors. •Review cost reports filed with various regulatory and funding agencies, which are used to establishment reimbursement rates. These reports include New York State Department of Health Medicaid cost report (form AHCF-1), and the New York State Consolidated Fiscal Report (CFR). •Perform audits of defined benefit and defined contribution pension plans. •Review Federal and State tax returns for not-for-profit clients. •Perform financial and systems operational reviews which focus on developing strong internal controls and external system integration. •Review of current and forthcoming changes in tax laws applicable to tax exempt organizations. •Present continued professional education classes to ensure that firm members meet CPE requirements Show less