Robert Palermo Email & Phone Number

New York, Ny, Us

Successor Company to On-Site Financial Corp.Created and operated a highly successful business providing expert financial consulting services to construction industry clients including previous employer York Hunter as well as NYU Hospital, Fireman’s Fund, St Paul’s Fire, Tutor Perini, Travelers Casualty, A.I.G. and Liberty Mutual. Enabled client growth by reorganizing and implementing procedural and staff improvements. Increased profitability by strategically forecasting and budgeting to optimize resources while leveraging vendor discounts to minimize costs. Successfully targeted, prioritized, and collected 85% of past due receivables 90+ days overdue. Worked with Hagerty Consulting and NYC DDC to close out over 500 homes damaged in Hurricane Sandy.

Natick, Massachusetts, Us

Senior executive strategically planning and managing all financial operations for a Third-Party Testing and Inspections firm including budgeting, forecasting, financial analysis, and reporting to optimize bottom-line profits.Lead and monitor broad scope operations to maximize performance, including financial, A/P & A/R, payroll, human resources, insurance, business development and more.Provide strategic recommendations to the CEO/president and the executive team on effective long-term business and financial planning.Hire, train, develop and manage a team of 20 to achieve goals and ensure compliance with all policies and regulations.

Secaucus, Nj, Us

Significantly boosted cash flow by implementing innovative wholesale changes to the requisition process and effectively managing project accounting, collections, and disbursements. Tracked, prepared, and analyzed monthly P&L statements on a cash and accrual basis to pinpoint opportunities to optimize profits for this medium sized General Contractor.Ensured timely project completion by partnering with clients to identify and resolve issues and delays.

New York, Ny, Us

Successfully managed a $3 billion capital portfolio by devising and implementing new procedures, converting systems, ensuring data integrity, and closely monitoring plan expenditures.Led a multifunctional team of administrative assistants, financial analyst, and construction and project accountants in delivering outstanding results and customer service. Drove efficiency and productivity by transitioning the organization to a new construction accounting system including creating policies and procedures to foster sustainability.Streamlined the approval process by developing and managing workflow improvements for contracts/purchase orders, change orders/task orders, and invoices/requisitions. Ensured project alignment and progress by providing weekly updates to senior leadership.

Henderson, Nevada, Us

Expertly monitored, coordinated, and controlled a massive $100 million construction project from start to finish, renovating the George Washington Bridge Bus Terminal and adding two new structures.Partnered with the project manager to define the project's goals, objectives, budget, and schedule.Tracked and analyzed the project progress, including a wide variety of financial measures and reports, to recommend actions to ensure timely completion.Meticulously prepared, processed and delivered accurate job cost accruals, billings, subcontractor payments, A/P invoices and more, to manage resources in alignment with budget goals.

Supervised staff of 50 Project Accountants, A/P clerks, A/R department and cash flow management. Responsible for all collections and disbursements. Successfully reduced weighted average days of receivables from 156 to 62 days. Implemented new policies and procedures increase productivity of Project Accountants. Other responsibilities included:• Implemented accounting system for $150 million project including detailed job costing.• Negotiated with subcontractors and clients to expedite close out of projects.• Established company-wide policies and procedures for project accounting.• Trained Project Management on how to utilize job cost and anticipated cost reports.• Improved Project Accountant work flow to enable their workload to be increased by 50%.• Supported the General Counsel with negotiations, litigation and arbitration.• Supervised the Accounts Payable Department and approved all cash disbursements