Robert Macconnell Email & Phone Number

Feasterville-Trevose, Pa, Us

San Fransisco

Various

Provide small business clients with financial management services, specializing in agency/agent compensation and financing.Specialized knowledge of the needs of agents and agency finances, as well as managing income and commissions, tracking payables, and administration of variable compensation packages and programs. Also, accurately reporting income is necessary to avoid overpayment of taxes often associated with commission being calculated as revenue or expense rather than properly handling it as a passthrough.

Eastern United States

Maintaining accurate financial records, analyzing financial data, and presenting regular reports that allow for optimal cash flow management, while adjusting for unexpected expenditures. Tax obligations are calculated using historical data, current conditions, and future estimates to ensure accurate reporting, compliance, and remitting in accordance with company policies and legal requirements. A tax estimate is derived based on variables within the control of the company, as well as outside influences, and is continually revised to account for fiscal fluctuations, both internal and external. Allowing decisions to be made that maximize ROI, such as the awareness of changes in the tax code that expanded the purchase price deduction for capital expenses in lieu of traditional depreciation schedules that were more limited in scope with regards to types of purchases, amounts allowed, and condition of equipment being purchased, so that investment in certain equipment could systematically reduce taxable income by allowing the deduction to be taken all at once in a year when expected tax liability might be high, or spread out over multiple years, perhaps because the tax liability is already low, even in instances where the equipment is financed. Ultimately, Keeping more money available for short term investments, the ability to spend down profits later in the year when the total tax liability can mostly be predicted, the ability to put funds in reserve earmarked for scheduled purchase that could be used should something pressing come along, without so much concern about that reserve being taxed, should deductions already permitted, sufficiently lower the liability to offset any potential taxation of non deductible expense, essentially making it possible to make large purchases with far greater control and flexibility over their impact on business as well as the deduction.

Pennsylvania, United States

Philadelphia, Pennsylvania, United States

Conducted interviews, verified documentation, completed all necessary corporate compliance and government regulatory measures, positioned between the extension of credit approval, responsible for ensuring accuracy using due diligence where an issue may have arisen during normal underwriting. Having the ability to approve or reject funding, being sure to provide evidence as to reasoning as well as submission to different departments regarding the facts, and basis for the determination. Worked solely with subprime borrowers, "special Cases" which would be applicants who didn't meet regular lending standards based off of one metric that could potentially be compensated for in another way, (Ie, income obtained outside the country or non US borrower,, certain cases of self-employment where substantial income, but insufficient credit rating disqualified them) or whose file presented an issue during underwriting that needed verification to substantiate one or more lending requirements or exclude the borrower, should evidence of fraud be presented.

M.Ed, Educational Psychology

Activities and Societies: AAE

Education record

Activities and Societies: Phi Beta Lambda - Scholarship Recipient, State Champion and National Competitor Banking and Finance..