John Hanzel Email and Phone Number

PROFESSIONAL EXPERIENCE JET 1 CHARTER/JET 1 AVIATION April 2018 to January 2019Controller/CFO Jet 1 Charter/Jet 1 Aviation are two entities. Charter is an aircraft charter and management business, and Aviation is an aircraft brokerage business. The companies experienced dynamic growth doubling from 2016 to 2017 and 2017 to 2018. - Responsible for introducing new technology and new procedures, compressing the time between transaction execution and revenue/expense recognition - Real-time financial data as compared to delayed revenue/expense recognition provided management with immediate and actionable opportunities driving profitability- Collaborated with tax professionals, attorneys and corporate CEO to transform corporate tax structure protecting owners and enhancing profitability for shareholders

Management & LeadershipManaged overall direction, coordination and evaluation of Accounting, Financial and Human Resources activities including budget management, financial analysis, compliance, forecasting, AR/AP, payroll and financial reporting.Collaborated with senior management personnel in the development of the company’s strategic plan and assuring consistency with organizational goals.Implemented accounting process changes, improving monthly forecasting procedures and management of daily operations, and reducing month-end cycle time from 14 days to one.Financial Controls Monitored and confirmed financial condition of the company by conducting internal and external audits, identifying risks, summarizing trends, collaborating with outside auditors and providing reports on financial data.Safeguarded company assets and insured accurate and timely recording of all transactions by implementing controls and checks across all departments. Collaborated with senior management in the development and economic evaluation of employee benefit programs. Internal & External ComplianceGuided financial decisions by establishing, monitoring and enforcing internal policy and procedure compliance.Implemented Preferred Supplier Agreement to enhance forward cash flow planning across 13+ weeks.Provided detailed financial analysis to evaluate company initiatives related to special projects, programs and capital expenditures.

Managed accounting and finance functions for large parish and school.Implemented multiple cost saving strategies and process improvements including redesign of the aftercare program, redesign of cafeteria work flow and renegotiation of copier lease.

Operated an accounting and tax practice specializing in small business and short-term consulting engagements.

Directed development of new accounting systems of non-profit agency that provides case management services to over 50,000 clients with disabilities in the Chicagoland region. Achieved financial growth of 20% during tenure despite tough economy.Negotiated 5 year extension of grant funded fee-for-service contract. Negotiated reduction in insurance plans by 20% of annual costs and protected corporate assets by sound management of insurance programs.Renegotiated real estate lease extensions for all offices. Improved financial controls which increased cost savings and detected bank irregularities.Secured bank line of credit in challenging economic environment. Planned and directed agency budgets with total revenues of $9 million.Responsible for annual audits and reporting monthly financial and operations to Board of Directors. Reduced cycle times and improved fiscal communications. Improved cash management and investment processes resulting in increased returns without increasing risk.

Managed all treasury functions of Tier 2 Manufacturing Supplier with domestic and international production facilities and total revenue of $65 million.Standardized accounting performance measures and controls for 4 entities resulting in reduced cycle time and improved forecasting, savings of over $200,000 annually. Eliminated redundant processes and renegotiated supplier agreements improving EBIT by more than 10% annually. Developed and implemented changes to treasury practices relating to customer and supplier credit which improved available cash flows by more that 10% annually. Performed post acquisition due diligence, reported all financial results, identified inconsistencies between representations and documentary evidence, and developed arguments for arbitration resulting in successful claim settlement for $4.8 million.

Functional expert in cash flow modeling and treasury management for consulting firm which manages financially challenged business for lending institutions and other secured parties.Served as CFO for a west coast telecommunications company managing all financial functions with 20 direct reports. Analyzed and prepared financial reports, negotiated lease rejections and secured/ unsecured claims for first tier automotive supplier.

Recruited by senior management of former employer, Gas Research Institute, for start up operations of research organization specializing in advanced fluid monitoring devices, as well as chemical and information based technologies.Responsible for Overall financial management including audit, tax, insurance, banking relations, business controls, compensation and benefit design. Developed relationship and infrastructure to facilitate commercialization.

Supervised 5 direct reports and 55 staff members of international non-profit membership organization/foundation with 1.2 million members and assets in excess of $750 million.Responsible for all financial reporting to Board of Directors, Trustees and Finance Committee. Redesigned business processes and implemented best practices while implementing PeopleSoft 7.5.

Promoted to several positions with increasing financial responsibility within this non-profit domestic firm which provided research, development and planning for the natural gas industry.