Patrick Shalloo, Cpa, Cgma Email and Phone Number
Patrick Shalloo, Cpa, Cgma personal email
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Patrick Shalloo, Cpa, Cgma is a Financial Management Professional, Agile Business Manager, Digital Transformation Leader at Turning Point Restaurants. Colleagues describe him as "Highly skilled accountant that understands every aspect of the hospitality industry. Always on top of things. Excellent peron to work with!"
Turning Point Restaurants
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Chief Financial OfficerTurning Point Restaurants Dec 2022 - PresentEatontown, New Jersey, UsGrowing hospitality group, Turning Point currently has 26 locations throughout the American Northeast including New Jersey, Pennsylvania and Delaware. Turning Point reimagines the breakfast, brunch, and lunch experience by offering unique, creatively designed, seasonal options in an atmosphere that feels like home. Report to Founder & CEO. -
Chief Financial OfficerBoca Grove Property Owner'S Association May 2021 - Dec 2022Reporting to COO, responsible for the financial management of a private golf and country club, and residential community with approximately 450 member families. Direct team of 6 in Accounting, Human Resources, & Information Technology. Executing merger of Club & POA to form one entity. Initiated installation of electronic HR software for paperless onboarding and benefit enrollment. Reviewing paperless AP software solutions to improve control & reduce storage costs. Performing cross functional review of processes to improve financial reporting and performance.
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Chief Financial OfficerRelated Restaurant Group Aug 2019 - Feb 2021A new restaurant-and-dining-focused division of Related Urban, the mixed-use arm of New York-based Related Companies. Reporting to CEO, diverse functional responsibility including accounting, legal, banking, insurance, human resources, & strategic planning. Direct Team of 5 in the financial activities, including Accounts Payable & Accounts Receivable of two hospitality venues located Hudson Yards (HY). Asset management & advisory role for 6 hospitality tenants in HY & Time Warner Center.• Drive digital transformation to streamline processes & minimize manual transactions into single accounting platform, standardize chart of accounts, poll from point-of-sale system for daily reporting, implement Concur T&E software & eliminate redundant software. • Engage cost segregation analyst to accelerate depreciation and generate tax savings.• Evaluate & develop formal accounting controls, process narratives & SOPs.• Execute multiple PPP loan applications; implement tracking to ensure maximum loan forgiveness.
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Vice President Of AccountingThe Tao Group May 2016 - Aug 2019Reporting to CFO, direct team of five controllers in the financial activities of major entertainment, dining & night life company (Revenue of $340M) with venues in six major markets including 2 international management contracts. Upskilling for continuous improvement to attain 5 day hard close.• Collaborate on consolidated financial statements for 14 venues & 19 management contracts.• Monthly review of balance sheet, cash flow & income statement with venue management and controller.• Perform due diligence reporting to complete transaction with Tao & Madison Square Garden (MSG).• Establish GAAP reporting standards during transition from private company to division of publicly held firm including Revenue Recognition (ASC 606) and Lease Standards (ASC 842).• Work directly with MSG Internal Audit team to implement SOX related processes & control framework.• Prepare quarterly analysis & schedules for MSG 10Q & 10K filings.
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Group ControllerUnion Square Hospitality Group Aug 2008 - Dec 2015New York, New York, UsAs part of Danny Meyer’s Union Square Hospitality Group, coordinate period end closing process including financial statements, variance analysis, cash flow and balance sheet review for four businesses including 2 Blue Smoke restaurants, Jazz Standard jazz club and off-premises catering, Porchlight bar, and licensing agreements. Monthly review of financial statements & KPIs with restaurant managers. Direct annual budgeting and rolling 90-day forecasts. • Automate reporting process to reduce staffing, annual overhead savings $100K.• Implement menu engineering analysis, estimated annual savings of 0.5% in food cost.• Successfully shortened period end closing from 10 to 6 working days.• Maintain construction budgeting and analysis for 2 project openings. • (8/09-12/09) Interim Controller Union Square Events Off-premises catering & contract food service firm. -
Senior ControllerMatzel Development Jan 2006 - Jul 2008Reporting to CFO, direct the financial cycle, including in-house payroll, for privately held multi-company real estate developer including hospitality projects, new home construction, office building and apartment complexes. Provided both operating financial statements as well as project costs and cash flow projections.• Implemented financial calendar to provide financial reports 1 day earlier & meet all regulatory deadlines.• Directed installation of interface of MAS200 with Kronos timekeeping and Micros Opera PMS.• Designed FRx financial and statistical reports for MAS200.
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Coo/CfoForest Hill Field Club Sep 2004 - Dec 2005Bloomfield, New Jersey, UsOversee the business and financial operations of full service member owned country club with 18 hole A.W. Tillinghast designed course, full restaurant and catering facilities, and pool. Reported directly to Board of Trustees. • Established management structure and standard operating procedures for Human Resources, Purchasing, and Accounting.• Implemented new IT platform on time and within budget• Initiated successful appeal of property taxes, saving $65,000 per year. -
CfoDartcor Management Jul 2003 - Sep 2004Direct the financial management for 3 privately held food-service companies with revenues exceeding $40 million. Company operations included food service for businesses, college campuses, state run facilities, consulting, off-premises catering and QSR franchises (Baja Fresh). • Improved cash flow, shortening contact billing from 25 to 12 days. • Revised contract format on subsidized accounts to bill in advance, improving cash flow by 45 days.• Performed proforma calculations for successful purchase of catering business for existing debt, and integrated into existing accounting structure without additional staffing.
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OwnerBella Luna Jul 1997 - Dec 2002Owner operator of 70-seat award winning full service restaurant. Developed concept and implemented opening plan including renovation and equipment purchases. • Annual revenue growth of 17%.• Successfully sold business.
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General ManagerSheraton Eatontown Mar 1994 - Aug 1997
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ControllerMatrix Hospitality Apr 1987 - May 1994
Patrick Shalloo, Cpa, Cgma Education Details
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University Of Massachusetts AmherstHospitality & Tourism Management -
Questrom School Of Business, Boston UniversityFinance
Frequently Asked Questions about Patrick Shalloo, Cpa, Cgma
What company does Patrick Shalloo, Cpa, Cgma work for?
Patrick Shalloo, Cpa, Cgma works for Turning Point Restaurants
What is Patrick Shalloo, Cpa, Cgma's role at the current company?
Patrick Shalloo, Cpa, Cgma's current role is Financial Management Professional, Agile Business Manager, Digital Transformation Leader.
What is Patrick Shalloo, Cpa, Cgma's email address?
Patrick Shalloo, Cpa, Cgma's email address is ps****@****ail.com
What schools did Patrick Shalloo, Cpa, Cgma attend?
Patrick Shalloo, Cpa, Cgma attended University Of Massachusetts Amherst, Questrom School Of Business, Boston University.
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