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C Level Financial Executive with extensive experience in financial and business strategy and financial goal setting and monitoring within the Pharmaceutical and commodity sectors, including manufacturing and services businesses.  Accountable to Board of Directors, public shareholders and Private Equity owners. Excellent leadership skills with extensive experience and expertise in M&A activities.

Responsible for financial, banking, legal, human resources, facilities and administration activities of a $15M+ provider of patient-specific specialty pharmacy services in the pain management, weight loss and lifestyle space.
•	Partnered with other senior management team members to expand product offerings and re-focus business strategy.
•	Lead cost reduction efforts to reorganize the company and reduce payroll by over 50%.
•	Negotiated payment schedules to pay outstanding trade debt liabilities.
•	Monitored cash flow on a weekly basis to maintain day-to-day operations during challenging period.
•	Moved company from cash basis accounting to GAAP accrual basis including revamping COGS accounting process.
•	Served as primary touch point for the company’s key partners.

Responsible for all financial, banking, legal, contracts, human resources, facilities, pricing and administrative activities of a PE owned $65M+ provider of imaging core lab and comprehensive cardiac safety and efficacy services for Phases I-IV global clinical trials.

•	Set up infrastructure to support business growth and diversification, which led to a company award as 3rd fasting growing company in central New Jersey and resulted in a merger with Cardiac Safety Services Company.

•	Reorganized business to reduce operating expenses by $11M over a 2 year period as part of a business integration and cost reduction initiative.

•	Directed M&A activities, including negotiations, deal structure, synergy identification, due diligence and integration for 2 successful business transactions.

•	Managed expense growth below rate of revenue growth leading to CAGR on EBITDA of 20% over a 5-year period and 12% over a 2-year period.

•	Improved financial credibility with no significant audit adjustments in 5 years and closing process reduced from 20 days to 10 days.

•	Facilitated Series B ($10M) and Series C ($10.7M) equity financing.

•	Finalist for New Jersey Technology Counsel (NJTC) “CFO of the Year” award (2008).

Responsible for all financial activities of a $200M+ Contract Research Organization (CRO) operating in 30 countries. Subsidiary of Omnicare, Inc., a $6B company and the nation’s leading provider of pharmacy services to long-term care facilities.

•	Reorganized business globally, reduced resources and stabilized gross margins during period of revenue decline. Margins increased by 1% while revenue decreased by 7%.

•	Negotiated new vendor agreements for key suppliers, with savings of $0.5M.

•	Reduced SG&A expenses over 10% to maintain profit margin during period of revenue decline.

•	Implemented new revenue/invoicing system to automate manual processes and prepare business for future growth. Reduced resources, saved $0.5M and reduced invoicing time by 3 days.

Find out detailed information about denis Manginelli,  in Sugar Land, TX

denis Manginelli: in Sugar Land, TX

denis Manginelli