Joe Flaherty Email and Phone Number
■ Diversified experience in global treasury and financial management■ Short term investing and borrowing management■ Cash management and cash forecasting■ Capital markets experience in equity and debt■ Commercial, investment banking, and ratings agency relationship management■ Pension and 401K plan administration■ Insurance and financial risk management■ Financial statement analysis expertise■ Financial management experience in the areas of financial planning & analysis, general accounting, accounts payable, cost accounting, credit & collections, payroll, and royalty accounting■ Operations management experience in the areas of manufacturing, inventory management, product development, sales, marketing, and sales operations
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Senior Vice President, TreasurerHoughton Mifflin Harcourt 2008 - PresentBoston, Massachusetts, Us■ Capital Markets Experience: ● $7.4 billion consensual out-of-court restructuring of a First Lien facility, Second Lien Mezzanine facility, and Accounts Receivable facility in March 2010 ● $3.0 billion pre-packaged in-court chapter 11 bankruptcy restructuring of a First Lien facility, May 2012 ● $250 million IPO, November 2013 (Morgan Stanley, Goldman Sachs, Citibank, Wells Fargo) ● $250 million Accounts Receivable Securitization, August 2010 (JP Morgan, Citibank, Wells Fargo) ● $300 million 10.5% Senior Secured Notes offering, May 2011 (JP Morgan) ● $500 million Dip-to-Exit Term Loan/ABL facilities, May 2012 (Citibank, Wells Fargo) ● Re-pricing of $250 million Term Loan facility, May 2013 (Citibank) lowering interest rate by 200bps ● Re-pricing of $250 million Term Loan facility, January 2014 (Citibank) lowering interest rate by 100bps ● $800M acquisition related Term Loan facility, May 2015 (Citibank, Wells Fargo) ● Floating Rate to Fixed Rate Debt via Interest Rate Swaps ● Successfully attained numerous amendments and waivers for Term Loan and Accounts Receivable facilities due to unforeseen material adverse changes in the business■ Managed foreign exchange program of €60 million through forward and option contracts■ Successfully maintained liquidity and managed trade vendor relationships through two balance sheet restructurings■ Investor relations experience interacting with debt holders through balance sheet restructurings■ Bank RFP process resulting in savings of 15% in bank fees -
Vice President, Shared Financial ServicesHoughton Mifflin Harcourt May 2006 - Jun 2008Boston, Massachusetts, Us■ Created a shared financial services organization via centralizing all accounting and management reporting from divisional business units to a central corporate structure■ Areas of responsibility included general accounting, accounts payable, cost accounting, payroll, royalty accounting, and management reporting – 45 people team -
Vice President, Business Unit CfoHoughton Mifflin Harcourt Jan 2003 - Apr 2006Boston, Massachusetts, Us■ Responsible for finance, inventory planning, manufacturing and sales operations for $300 million elementary publishing business unit■ Implementation of enterprise-wide SAP system■ Reduced inventory obsolescence by 5% by implementing improved unit demand forecasting and approval process -
Vice President, Business Manager/Divisional ControllerHoughton Mifflin Harcourt Apr 1996 - Jan 2003Boston, Massachusetts, Us■ Responsible for finance and business operations including budgeting, financial planning & analysis, capital investments, and accounting for a $300 million elementary publishing business unit■ Managed financial and operational issues with sales, marketing, development, manufacturing, production, customer service, and informational technology groups■ Developed and implemented a financial management tool that reported critical revenue and operating expense data for senior management ■ Developed and implemented a sales prospecting system that facilitated tracking and reporting of sales data that assisted revenue and inventory planning■ Implemented a profitability index based upon account size into the sales negotiation process resulting in increased profitability
Joe Flaherty Education Details
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Questrom School Of Business, Boston UniversityFinance -
Suffolk UniversityFinance
Frequently Asked Questions about Joe Flaherty
What company does Joe Flaherty work for?
Joe Flaherty works for Houghton Mifflin Harcourt
What is Joe Flaherty's role at the current company?
Joe Flaherty's current role is Senior Vice President, Treasurer at Houghton Mifflin Harcourt.
What schools did Joe Flaherty attend?
Joe Flaherty attended Questrom School Of Business, Boston University, Suffolk University.
Who are Joe Flaherty's colleagues?
Joe Flaherty's colleagues are Peggy Barfuss, Blasky Paul, Prasit Chamman, Lissa Anderson, Danielle Novak M.ed., Sharon Welsh, Yolanda Wallace.
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