Thomas Franklin Email & Phone Number

Newark, Nj, Us

Los Angeles, California, Us

Managed all financial functions at the Joint Powers Authority (JPA), including general accounting, grants management and reimbursement, accounts receivable, accounts payable, internal and external audits, cash flow analysis, budget review and monthly and annual financial statement reports. Developed and managed team that turned around a disorderly financial environment of the agency that resulted from an improper system implementation in May 2013. This included filling 17 open staff positions, applying a corrective action plan to address the design flaws of the financial information system, correcting historical records, streamlining processes through the development and updating of over 30 finance policies and retraining users.Interim Chief Financial Officer of Metrolink for four months (January - April 2015) while CFO held Interim CEO position and for five months (January - May 2016) during search for new CFO.

Long Beach, Ca, Us

Managed financial functions at the Harbor Department including: general accounting, revenue accounting, financial analysis, grant management and reimbursement invoicing, annual audit and CAFR preparation, annual revenue forecast, budget review, cash flow forecast, quarterly budget and financial statement reports, preparation of periodic rating agency presentations and preparation of bond preliminary official statements. Procured grant management system for use by Department to manage and track grant funds. Acting Chief Financial Officer during a period of 2 months after departure of CFO until leaving to join Metrolink.

Managed financial functions at the Harbor Department including: general accounting, revenue accounting, financial analysis, grant management and reimbursement invoicing, annual audit and CAFR preparation, annual revenue forecast, budget review, cash flow forecast, quarterly budget and financial statement reports, preparation of periodic rating agency presentations and preparation of bond preliminary official statements. Procured grant management system for use by Department to manage and track grant funds. Acting Chief Financial Officer during a period of 2 months after departure of CFO until leaving to join Metrolink.• Reduced company’s worker compensation insurance premium by 26%.• Implemented new web based Ceridian payroll system reducing payroll processing from 3 days to 1 day.• Completed integration of new Great Plains accounting and manufacturing software including implementation of standard cost system allowing individual product line margin analysis.• Managed overhaul of chart of accounts system to allow existing and planned subsidiaries to utilize common accounts, allowing the company to upload financial reports from each subsidiary and reduce monthly close cycle from more than 30 days to 7 days.

Directed domestic and international finance, treasury, human resources and risk management departments for the US and UK divisions of this privately held aerospace manufacturer. Responsibilities included: Managing Human Resources, Benefit Administration, Risk Management, Banking Relations and Consolidated Financial Reporting for US and UK operations. Actively participated in final acquisition negotiation for company’s purchase of UK operating division saving investors over $200,000. Negotiated with acquisition lender to provide favorable lending and covenant terms for the acquisition. Completed integration of financial reporting systems between newly acquired company and parent reducing monthly close cycle from 14 days to 7 days. Provided tax-planning solutions to US based shareholders in order to minimize tax impact of loans to and interest paid from newly acquired operating entity.

Paris, Fr

Provided financial services at this aerospace manufacturer during growth from $71 million to $125 million and subsequent retraction to $81 million. Responsibilities at this French owned corporation included consolidation of four subsidiaries including one foreign subsidiary, acquisition and merger of two subsidiaries and subsequent sale of one subsidiary.  Managed financial operations including Information Systems, General Accounting, Treasury, Financial Reporting (U.S. and French formats), Tax Management, Pension Plan Administration, Payroll, Budgeting, Semi-Annual and Annual Audits.  Researched, selected and managed transfer of $18 million pension plan to new service provider. Reduced monthly financial reporting process from seven days to three days. Reduced staffing requirement from 11 to seven persons.