Bio
Experience
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Principal
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Jan 2018 - Present
www.explicollc.com
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Sterling Medical Devices
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Rochelle Park, NJ
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VP - Finance
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Jul 2013 - Jan 2018
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Rochelle Park, NJ
Sterling Medical Devices provides software and hardware engineering services to the Medical Device industry
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Corporate Synergies Group, LLC
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Mt. Laurel, NJ
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SVP - Finance
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May 2011 - Jul 2013
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Mt. Laurel, NJ
• Senior Vice President of Finance, reporting to Chief Executive Officer and Board of Directors• Responsible for Board of Directors reporting, cash forecasting, accounting, commission reporting and analysis, financial and tax reporting, purchasing, payroll, treasury, licensing, and facilities. • Key Achievements: Reduced monthly close from 60 days to 7 days; Mentored controller to become VP of Finance• Corporate Synergies with more than 175 employees provides insurance brokerage and related services to more than 250 clients, with offices in Florida, metropolitan Washington, D.C., New York, NY and NJ
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Chief Financial Officer
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Oct 1996 - Dec 2009
C-BASS (a partnership) grew from $100 million in assets to $9 billion and Litton Loan Servicing increased UPB of serviced loans from less than $1 billion to more than $45 billion, while the syndicated credit facility went from $100 million to $1 billion.• Chief Financial Officer, reporting to Chief Operating Officer and Board of Directors• In 2007 worked with reorganization advisors and legal counsel to implement Override Agreement as alternative to Bankruptcy. During 2008 and 2009 I was responsible for providing information for monthly reporting to the Bank Group managing the Override Agreement.• Prior to the Override Agreement, I was Responsible for Board of Directors reporting, cash forecasting, accounting, bonus plan management and reporting, financial and tax reporting, and related responsibilities• Key Achievements: Grew Finance group organically from one to 15; distributed quarterly reports in SEC format to principal owners within 7 days of quarter end• C-BASS originated, owned and managed a multi-billion dollar portfolio of asset backed securities, and provided servicing of the underlying residential mortgages
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Senior Manager
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Jan 1986 - Sep 1996
Kenneth Leventhal & Company was a leading consulting, audit and tax firm with 12 U.S. offices focused on commercial and residential real estate companies and investors; KL was acquired by Ernst & Young in 1994.; Directed consulting, forensic accounting, and audit engagements for mortgage originators, and issuers and investors in mortgage backed securities (MBS). Key AccomplishmentsDirected forensic accounting engagement to determine the cause the collapse of a $600 million fund invested in complex MBS. Engagement included preparing counsel to depose witnesses, supporting counsel in litigation, and assisting counsel and the bankruptcy trustee in writing the investigation report. Developed business plan and market analysis for a proposed investor in distressed residential mortgages.Directed and completed a complex audit engagement on a contract claim involving a multi-billion dollar residential mortgage servicing portfolio. Senior practice development role focused on residential and commercial MBS and servicing clients, including REMIC securitizations and financial and tax reporting and analysis.
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Senior Manager
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Sep 1975 - Dec 1985
Directed major litigation projects involving broker/dealer failure and franchisee dispute, and conducted audit engagements for real estate developers, REITs and other companies.
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Education
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1974 - 1975Rutgers Business School
Master of Business Administration (M.B.A.), Professional Accounting -
1970 - 1974Rutgers University-New Brunswick
Bachelor of Arts (BA), Business Administration
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Industry Focus. “Investment Banking”
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