Kevin Shaughnessy

Kevin Shaughnessy Email and Phone Number

Strategic Financial Leader | Expert in Corporate Finance, Controllership, and Mergers & Acquisitions | Driving Growth Through Data-Driven Insights and Robust Financial Strategies. @ Kasselman Electric Co., Inc.
Melrose, NY, US
Kevin Shaughnessy's Location
Melrose, New York, United States, United States
About Kevin Shaughnessy

As a strategic financial leader with over 18 years of controllership experience and more than two decades in corporate finance, I’ve built a career on crafting sound financial strategies that drive organizational success.I thrive in dynamic environments, managing multiple operational locations, and translating financial data into actionable insights that lead to informed decision-making. I’m passionate about building strong teams and creating a transparent, robust financial infrastructure that instills confidence and supports sustainable growth. My experience spans across leadership roles where I’ve had the opportunity to guide mergers and acquisitions, ensuring smooth integrations and optimizing financial performance. Throughout my career, I’ve been focused on identifying key performance indicators that truly move the needle, and I take pride in leading with decisiveness and high integrity. If you’re interested in connecting to discuss financial strategies or leadership in corporate finance, feel free to reach out!

Kevin Shaughnessy's Current Company Details
Kasselman Electric Co., Inc.

Kasselman Electric Co., Inc.

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Strategic Financial Leader | Expert in Corporate Finance, Controllership, and Mergers & Acquisitions | Driving Growth Through Data-Driven Insights and Robust Financial Strategies.
Melrose, NY, US
Employees:
22
Kevin Shaughnessy Work Experience Details
  • Kasselman Electric Co., Inc.
    Kasselman Electric Co., Inc.
    Melrose, Ny, Us
  • Kasselman Electric Co., Inc.
    Chief Financial Officer
    Kasselman Electric Co., Inc. May 2021 - Sep 2024
    Menands, New York, Us
    I was responsible for the oversight of Finance, Human Resources, and Information Technology department. I implemented strategic, operational, and financial plans and policies, driving the company growth and stability. I also orchestrated administration and financial reporting of company retirement plan, ensuring compliance and employee satisfaction. I negotiate with the banks to manage cash needs, optimizing liquidity and financial stability. I guided staff through audit activities, ensuring smooth and successful financial reviews. I foster a culture of integrity, ingenuity, and high-level service. Highlights include: * Restructured Accounting and Revenue Department, maximizing operational efficiency and streamlining processes. * Engineered budget tracking processes to monitor performance against annual operating budget, improving financial control. * Revamped benefit plans and fringe benefits, enhancing employee retention and attraction strategies. * Crafted and executed Fixed Asset and Capital Expenditure Policies, enhancing asset management.
  • Globalspec
    Corporate Controller
    Globalspec Mar 2019 - Apr 2021
    Albany, New York, Us
    I led divesture of company assets into newly formed LLC. Crafted annual budgets and forecasts to support business operations and parent company requirements. I partnered with the CIO to develop long-term IT strategy, including cloud migration and equipment refresh plans. I also managed tax filing support for IEEE, ensuring compliance and timely submissions.Key achievements are: * Consolidated Accounting, Order Management, and FP&A departments, enhancing operational efficiency and reducing costs. * Implemented Paylocity system, streamlining HR and payroll processing. * Negotiated leases to align with IT infrastructure growth and expansion needs.
  • Eyp
    Corporate Controller
    Eyp Jun 2017 - Mar 2019
    Albany, Ny, Us
    I implemented new Revenue Recognition standards (ASC 606), ensuring compliance and financial accuracy. I executed successful divesture of SaaS based subsidiary, streamlining corporate portfolio. Few highlights are: * Directed transition of finance department to Shared Service model, achieving 15% cost savings. * Negotiated forbearance agreements with banks for term loans, ensuring financial stability. * Orchestrated Interest Rate Swap structure to hedge $46M term loan restructuring, mitigating financial risk.
  • Commercehub
    Director Of Internal Audit
    Commercehub Jul 2016 - Jun 2017
    Latham, New York, Us
  • Commercehub
    Controller
    Commercehub Oct 2012 - Jul 2016
    Latham, New York, Us
    In my role, I spearheaded financial strategies that contributed to the company's growth from 120 to 350 employees. I implemented a comprehensive financial management system, enhancing operational efficiency. I also optimized banking relationships, initiating overnight investing activities to maximize returns. Key achievements are: * Orchestrated finance department integration for Mercent acquisition, meeting all targets and milestones. * Expanded the accounting department from four to eleven staff, creating new roles and fostering team growth. * Restructured financial and operational framework to prepare for 2016 public spin-off, developing SEC reporting plans. * Executed Sarbanes-Oxley (SOX) compliance, ensuring regulatory adherence. * Established tracking system for capitalization expenses, implementing cost controls and thresholds. * Performed ROI analysis for cloud computing transition, resulting in $350K annual savings.
  • St. Peter'S Health Partners
    Finance Manager
    St. Peter'S Health Partners Dec 2009 - Oct 2012
    Us
  • Superior Essex
    Accounting Manager
    Superior Essex Oct 2006 - Dec 2009
    Atlanta, Georgia, Us
  • Kpmg
    Auditor
    Kpmg Oct 2004 - Oct 2006
    New York, Ny, Us
  • Lockheed Martin
    Senior Accountant
    Lockheed Martin May 2001 - Oct 2004
    Bethesda, Md, Us

Kevin Shaughnessy Skills

Internal Controls Financial Reporting Accounting Financial Analysis Auditing Process Improvement Us Gaap General Ledger Financial Accounting Sarbanes Oxley Act Account Reconciliation Mergers And Acquisitions Sec Financial Reporting

Kevin Shaughnessy Education Details

  • Union College
    Union College
    Finance
  • Siena College
    Siena College
    Accounting

Frequently Asked Questions about Kevin Shaughnessy

What company does Kevin Shaughnessy work for?

Kevin Shaughnessy works for Kasselman Electric Co., Inc.

What is Kevin Shaughnessy's role at the current company?

Kevin Shaughnessy's current role is Strategic Financial Leader | Expert in Corporate Finance, Controllership, and Mergers & Acquisitions | Driving Growth Through Data-Driven Insights and Robust Financial Strategies..

What is Kevin Shaughnessy's email address?

Kevin Shaughnessy's email address is ks****@****ape.net

What is Kevin Shaughnessy's direct phone number?

Kevin Shaughnessy's direct phone number is +186536*****

What schools did Kevin Shaughnessy attend?

Kevin Shaughnessy attended Union College, Siena College.

What skills is Kevin Shaughnessy known for?

Kevin Shaughnessy has skills like Internal Controls, Financial Reporting, Accounting, Financial Analysis, Auditing, Process Improvement, Us Gaap, General Ledger, Financial Accounting, Sarbanes Oxley Act, Account Reconciliation, Mergers And Acquisitions.

Who are Kevin Shaughnessy's colleagues?

Kevin Shaughnessy's colleagues are Jason Humphrey, Carl Greenfield, Keith Kovatch, Nathan Bryant, Luke Westfall, Christopher Hagen, Sabi Radesich.

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