John Leahy
Director of Finance @Burke Neurological Institute
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WORK HISTORY
Director of Finance @Burke Neurological Institute
Report to Chief Executive Officer. Manage preparation of all financial statements, monthly P&L, balance sheets, cash flow, and year-end, Federal UG, and 403(b) audits. Support Pls and department heads by meeting with them on monthly financial performance, with an emphasis on grant spending, collaborating to build their lab budgets, and assisting with their purchasing and financial reporting needs. Prepare annual operating and capital budgets to present finance committee and BOD. Prepare and negotiate organization’s federal indirect rate. Manage A/R and A/P, ensuring grantors are invoiced quickly/correctly and payments received within terms. Prepare and file federal tax return form 990. Supervise purchasing manager and director of grants reporting. Maintain ownership and control of accounting tactical and execution functions outsourced to 3rd party vendors. Ensure compliance with applicable laws, rules, and regulations: Reduced receivables by $2.4M in $16M organization in under 1 year by implementing A/R and invoicing schedules. Paid off inherited $1.7M debt in 13 months by integrating new ERP and GL and improving business processes. Streamlined purchasing by building and implementing new purchasing department and hiring purchasing manager. Improved P&L reporting by designing chart of accounts allowing each lab/department to have its own P&L results. Enhanced grant process by designing new grant management system and staff training manual. Reduced employee reimbursement time from months to weeks by implementing electronic reimbursement system. Supported COVID-19 operations by applying for and receiving $1.5M loan with 100% forgiveness. Retained Morgan Stanley as co-fiduciary – first 403(b) audit and implemented financial reviews with labs 6 times/year.
EDUCATION
Iona University
Bachelor's degree, Finance
SKILLS
ABOUT JOHN LEAHY
MY LEADERSHIP RECIPE People first; let them know they matter and are valued and appreciated. Don’t micromanage. Build a supportive culture that allows people to leverage strengths and abilities to optimize performance. Lead from the man in the mirror; make sure everyone has a voice, listens to needs, allows collaboration, and creates an environment where people want to speak up, which will generate great ideas/solutions. Reward good performance. Never let lousy performance go unchallenged Provide clear/open communications and keep everyone updated; keep it simple – explain things in layman\'s terms so that everyone understands and learns. Happy people work better and don’t leave. Create a culture where happiness is a crucial goal; encourage positive humor, sharing, and collaboration. Lean into training and development as each person learns differently. A firm believer that people want to be successful at their jobs. Encourage everyone to take vacation and time off. Recharging and balancing work with quality time is vital. MY PROFESSIONAL PROMISETo show up daily, 100% ready and present to drive company’s mission, develop solutions, protect profits, provide 100% transparency, and position the organization for lasting success. Build teams based on respect, not fear; create inclusive work environments and set achievable goals generating positive team/individual performance. MY EDGEI love what I do and feel fulfilled when financial numbers align with a company’s goals, helping leadership make decisions and celebrate success. A company’s finance department is like your doctor, doing deep dives into the data to ensure things are healthy and creating plans to stay on track for longevity. WHAT HAVE I DONE LATELY? Led transition to a new ERP. Reduced AR from $4.8M to $2.4M in 6 months. Built new Purchasing dept, hired team, purchased software, migrated system, and developed training. MY DISCstyles LEADERSHIP ASSESSMENTSTRENGTHS: A leader who projects confidence and poise that is sincere and genuine, developing trust and credibility. Meets new people quickly; connects and gets along with a wide variety of people. Works hard to achieve the team’s goals and objectives and can negotiate conflicts into win-win situations. Possesses an inherited empathetic listening style. Tends not to force own ideas on others with edicts, but rather by offering carefully considered suggestions.BEHAVIORAL TRAITS: Optimistic. Gregarious. Persuasive. Loyal. Patient. Team Player. Very Outgoing. Influential. High Energy. Embraces New Concepts
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