Strategic Planning / M&A / Integration / Treasury / Accounting / Forecasting / SEC / IPO / Reporting / HR Management / Consolidations / Compliance / Debt Financing / Cost Control / Systems / Operations / Forensic Accounting / Litigation Support
Extensive background in leveraging corporate resources to maximize business success. Can be counted on for staying the course. Strong track record of strategic planning, financial management, forecasting, reporting, M&A, divestitures, treasury, governance, risk management and human resource development. Robust skill set includes:
- Streamlining and improving forecasting and reporting
- Designing stringent cost control and budget standards
- Setting strategies for improving overall financial performance
- Advising on enterprise risk management to protect assets and enhance value
MBA in 1993 and BBA in Accounting from University of North Florida, 1988. Certified Public Accountant (CPA), State of Florida, 1992. I am a passionate leader who drives and mentors financial teams, leading to improved performance. Passed CPA exam on first sitting. Winner of President’s Award for cost savings at Merrill Lynch.
Selected Accomplishments
Mitigated effects of arbitrage. Atlantic Coast past arbitraging increased interest rate risk in a declining economic environment. Successfully restructured investment portfolio and structured finance arrangements with negligible execution cost, improved overall net interest margin and lessened duration mismatch.
Guided global company through divesture strategy. National Americas was exiting U.S. mortgage market. Directed all business activities, including repatriation of sales proceeds in excess of $1B, disposal of $400M in residual assets, as well as contract administration and buyout of $30M+ in indemnification exposure.
Built dashboard review system. HomeSide had experienced explosive growth but lacked infrastructure to generate operating segment reporting. Designed and implemented first management reporting package. Facilitated review of performance by segment and became the standard for all future financial management reporting.
Facilitated successful IPO. HomeSide faced initial public offering of common stock with minimal staff IPO experience. Took lead and collaborated with SMEs and third-party consultants to perform due diligence analysis, accounting and reporting of the IPO. Common stock was properly and successfully sold to the public.
Created better work environment, improving morale. Doubling in size exposed inadequate HR development at HomeSide as loan servicing skyrocketed from $92B to $187B. Gained approval to develop division-wide job descriptions. Took over hiring, ensuring thriving staff development to meet organizational growth objectives.
Career Summary
Director of Financial Industry Analysis, Paragon Consulting Services, Inc., 2011 to Present. Primary focus is on current financial institutions industry for selected clients, including economic damages analyses, general operations, lending practices and policies, investment strategies, accounting and risk management advice.
Interim CFO, First Bank of Jacksonville, 2010. Key member of new executive team formed to reengineer business practices that predecessors had inadequately established as deemed by BoD. Restructuring/recapitalization plans did not materialize due to lack of necessary capitalization. Chose to withdraw from CFO consideration and consult.
SVP & CFO, Atlantic Coast Federal Corporation and Atlantic Coast Bank, 2007 to 2009. Led financial planning of public thrift under mutual holding company structure with direct accountability to the CEO and BoD. Oversaw funds investment and managed accounting operations, treasury and reporting, including regulatory, GAAP and SEC.
National Australia Bank, Ltd., $690B global bank whose holdings included National Americas and HomeSide.
VP & Corporate Controller, National Americas Investment, Inc., 2002 to 2005. Directed financial management of accounting and reporting and asset and liability management, including valuations. Managed 15 employees.
First VP & Corporate Controller, HomeSide Lending, Inc., 1996 to 2001. Managed all aspects of finance and accounting departments for one of the largest public U.S. mortgage banking firms. Mentored/led multi-functional staff of 50. Successfully transitioned from mainframe corporate accounting environment to PeopleSoft (Oracle).
Earlier: AVP & Assistant Controller, Merrill Lynch Credit Corporation, 1993 to 1996. AVP & Internal Audit Manager, American National Bank, 1989 to 1992. Senior Auditor, First Union, 1988 to 1989.
Interests: Awarded Certified Personal Trainer from National Academy of Sports Medicine in 2010. Enjoy bicycling, snow skiing, reading and interior decorating. Member of American Institute of CPAs and FL Institute of CPAs.