Scott Magill has joined CFO Consulting Partners as a Director and Head of the Firm’s Finance Transformation practice. Scott has over 25 years of experience in financial services, advertising and accounting. He as a strong background in financial management, reporting, planning & analysis, process improvement, data management and system selection/implementation. As a former CFO, Scott applies that experience to our engagements, ensuring that Finance function of our clients is not only efficient and effective but also acts as a key business partner to the CEO and Board.
Scott spent most of his career at Citibank, managing the Planning and Analysis group for Citi’s International Consumer business, as a CFO for Citi’s consumer businesses in Hong Kong and South Asia and as systems lead for Citi’s global Finance Transformation efforts. Scott lead the implementation of Citi’s Global Financial and Management reporting system, projects that covered 85 countries and had more than one thousand staff involved. Prior to Citi, Scott worked at J Walter Thompson, at the time the world’s largest advertising agency. Among his achievements at JWT was the development and implementation of advertising specific ERP system to support JTW’s international offices.
Scott has an MBA from the University of Chicago and a BA from Lafayette College.
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CFO Consulting Partners was a proud sponsor of the 2016 golf outing of the Boys & Girls Club of Garfield. Allan Tepper is a board member and head of the Finance Committee of that Club.
Hear David discuss CFO Consulting Partners and its services as a guest on Master Your Finances, hosted by Kurtis Baker. Master Your Finances is a weekly broadcast, produced by Rider University. David was interviewed on February 7, 2016.
For over fifteen years, Marc assigned debt ratings to insurance companies as a Senior Ratings Analyst with A.M. Best Company. An expert in both GAAP and Statutory Accounting principles, Marc evaluated major domestic and international companies assessing capital strength, benchmarking operating outcomes and reviewing the overall effectiveness of a company’s operations. Prior to A.M. Best, Marc worked in multi-national insurance companies with senior responsibilities in budgeting, planning, financial systems, claims audit and operations. Marc has gained proficiency in operations and processes specific to the insurance industry.
Marc has an MBA from Middlebury Institute and a BA from University of Hartford.
About CFO Consulting Partners:
Our firm is a team of senior financial executives. We provide a broad range of financial management services to public and private companies. We work for CEOs, CFOs, Controllers, as well as audit committees and boards.
Our mission is to apply our consultants’ considerable collective experience to resolve client issues in a professional and efficient manner.
Eric Segal, Managing Director
CFO Consulting Partners LLC
SOURCE CFO Consulting Partners
Merchants Bancshares in South Burlington, Vt., has named an interim principal financial officer after its chief financial officer resigned.
Thomas Meshako resigned from the $2 billion-asset Merchants to “pursue other interests,” according to a regulatory filing Friday.
Merchants will pay Meshako $110,000 in severance. Meshako, who was 54 at the time of Merchants’ proxy statement in April, had been CFO since November 2014. He was previously the finance director at the $5.9 billion-asset Brookline Bancorp in Boston.
Merchants hired Eric Segal as interim principal financial officer, principal accounting officer and treasurer. Segal, 58, will serve in these roles while Merchants searches for a permanent replacement. Segal is head of the banking and financial institutions practice at CFO Consulting Partners in New York.
Merchants also retained CFO Consulting Partners for advice on its acquisition of Nuvo Bank & Trust in Springfield, Mass., which was completed last month.
Merchants announced in November that its president, Geoffrey Hesslink, would succeed Michael Tuttle as chief executive.
The company reported net income in the first nine months of last year of $10.3 million, up 7% from a year earlier.
Waltham, MA – Eleven independent finance and accounting consulting firms from across the country have aligned to launch a membership-based group called the Finance and Accounting Consultants Alliance (FINACA). Sharing best practices and insights enables the members to provide exceptional client service as well as deliver expert finance and accounting resources across the United States.
Jim Bourdon, CEO and Founder of Accounting Management Solutions (AMS) in Waltham, MA, spearheaded the efforts to establish FINACA. “This collaboration will provide incredible opportunities to share operational ideas, technical knowledge and resources so that we can each better serve our clients,” said Jim.
FINACA consists of 11 member firms with more than 700 professionals throughout the country who specialize in accounting, finance and internal audit services. In addition to AMS in the Greater Boston area, other founding members of the alliance (along with each metropolitan area served) include: