Professional Documents
Culture Documents
HENNESSY
183 DEERFIELD LANE (732) 765-0757
ABERDEEN, NJ 07747 rhdd6a28@westpost.net -E-Mail
BACKGROUND SUMMARY
A result oriented professional with extensive depth in the financial arena. Eff
ective in high pressure environments and in working with all levels of personnel
. Proven record of identifying expense reductions and staff development.
PROFESSIONAL EXPERIENCE
YALE HOOK & EYE COMPANY, INC. - Newark, NJ 1993 - present
AND
380 REALTY COMPANY, INC.
A family owned worldwide leader in the manufacturing and distribution of hook an
d eye fasteners for the apparel industry.
GENERAL MANAGER/CONTROLLER
Direct the accounting and office administration functions for a $6M company.
Accounts Payable: Ensure accurate, timely processing and disbursement of
vendor obligations
* Resolve payment inquires from suppliers and functional areas
* Issuance of 1099 tax forms in compliance with federal and state tax
reporting requirements
* Management of multiple projects
* Reconciliation of A/P balance sheet accounts
Accounts Receivable: Ensure professional relationships are established and
maintained with customers.
* Develop, implement and maintain credit and collection policies
* Establish and review credit limits for new and existing accounts
* Ensure sound decisions are made regarding the releasing/holding of
customer orders based upon financial conditions of account
* Communicate with sales regarding material changes in status of key
customer's financial positions
* Resolve complex collection issues, establish and develop collection agency
relationships and monitor agencies for performance and cost-effectiveness
* Oversee cash application
* Reconciliation of A/R balance sheet accounts
Payroll: Ensure accurate and timely processing of hourly and salaried
employees payroll.
* Set up health insurance deductions
* Ensure compliance with payroll policies and procedures with federal, state
and local tax reporting requirements
* Ensure annual and quarterly tax information is processed and filed correctly
* Set up garnishment processing and payments
* Complete reports and other requirements associated with year-end
reporting needs
Banking: Direct and monitor all movement of funds.
* Handle all banking relations
* Process wire transfers to both domestic and international vendors
* Evaluate new banking products and services
* Remittance of deposits
Insurance: Direct and negotiate yearly renewals of our property & liability,
umbrella, life, health, bond and worker's compensation
insurances.
Directed the credit & collection function for a $450M company with a customer ba
se of over 6,000. Handled bankruptcies and legal action on delinquent accounts.
Evaluated customer credit risk and worthiness and established credit limits.
* Wrote and implemented credit and collection policies and procedures
* Reduced the company's Days Sales Outstanding from 120 days to 35 days
* Instrumental in devising procedures, which maintained the company's bad
debt write - off below 1% annually
* Visited customers to resolve billing and contractual disputes in order to
assure timely payments on large contracts
GROUP CONTROLLER
COMPUTER SKILLS
IBM 36 and IBM 38
J.D. EDWARDS SOFTWARE
WINDOWS
QUICKBOOKS
MICROSOFT WORD AND EXCEL
TIMETRAK
BOSANOVA
EDUCATION
B.A. Degree: Accounting/Economics
New Jersey City University, Jersey City, NJ
Attended various seminars and workshops relative to Accounting, Software Systems
, and Management Techniques.
Notary Public
REFERENCES
John J. Doolan, MBA, RFC
President/General Agent
North East Insurance Brokers
59 Spruce Street
Cranford, NJ 07016
(908) 709-1550
Fax: (908) 709-8997
jdoolan@verizon.net - E-Mail
Linda A. Wescott, CPA
Savastano, Kaufman & Company, P.C.
625 From Road
Paramus, NJ 07652
(201) 261-7830
Fax: (201)-261-8183
lwescott@skcpc.com - E-Mail
Christopher L. Patella
Attorney At Law
678 Broadway
Bayonne, NJ 07002
(201) 858-5755
Fax: (201) 858-8857
Dr. Charles T. Waldron, D.C.
Shore Spinal Rehab Center, LLC
107 River Road Ave., Route 35 South
Point Pleasant, NJ 08742
(732) 899-5660
Fax(732) 899-5825