Committed to Business Excellence

 

Action oriented financial leader with a demonstrated record of utilizing financial data and financial analysis to unlock profits and improve organizational performance..

AREAS OF EXPERTISE.

PROFESSIONAL EXPERIENCE.

M.B.A., Hofstra University, Finance
B.S., Villanova University, Accounting

QUALIFICATIONS

EDUCATION

  • Strategic Planning
  • Mergers & Acquisitions
  • Reorganization Leader
  • Financial Reporting
  • Financial Analysis
  • Budgets & Forecasts
  • Turnaround Management
  • Performance Optimization
  • Process Improvement
  • Operations Management
  • Accounting Management
  • Treasury Management

An experienced executive with demonstrated ability to take organizations to new levels of effectiveness and efficiency in competitive and fast-paced environments by identifying the critical business requirements and developing innovative and cost effective solutions. Uniquely skilled in developing and implementing contemporary operating strategies and best practices to achieve organizational excellence and exceed financial goals. Possessor of strong technical and business expertise in accounting, finance, budgeting, cash management, personnel management, staff utilization, as well as the design and control of operational processing and reporting systems. Results oriented professional with excellent analytical, communication, organizational, decision-making, team building and creativity skills.

  • Profitability Improvement
  • Cost Containment
  • Negotiations
  • Business Development
  • Client Relations
  • Corporate Visionary

FRANK J. DALLAGO III

415 Jason Court, New Hope, PA 18938
Cell: 215-431-2581
Email:  fdallago3@msn.com
Website: www.fdallago3.com

OmniVia Enterprises, Inc., New Hope, Pennsylvania
Chief Financial Officer | Controller for hire, March 2012 – Present

Provider of long-term, short-term, interim, temporary, or part-time financial management that includes hands-on, day-to-day responsibility for general accounting, financial reporting and analysis, debt and cash management,  strategic planning, budgeting and projections and process improvement to privately held , entrepreneurial companies. 

  • Raised startup funding with investor and debt financing through various channels and managed the process from creation of business plans to the close of funding.
  • Increased new sales distribution by 100% by creating and launching a network marketing platform which has become the fastest growing business segment in an organization.
  • Established the accounting and financial reporting process at several rapidly growing companies and provided them with information necessary for operational improvement. This has resulted in an average ROI of over 400%
  • Provided support for organizations with audit and other compliance issues resulting in significant fee reductions and penalty avoidance.


Trion Group, Inc, a Marsh & McLennan Agency Company, King of Prussia, Pennsylvania
Director of Shared Services, May 2007- March 2012 

Reported to COO, recruited by company to turn around and enhance operations and marketing functions of this third party benefits administrator including work flow design, staffing and training, process and system development, marketing, and monitoring and reporting on unit performance. Total P&L responsibility for this $4 million division. 

  • Increased revenue by 110% over a four year period by creating a marketing strategy and designing pre-sale materials, proposals, presentation materials, website content and online functionality.
  • Reduced employee expenses by 10% over a four year period through re-organization of workflow, introduction of automated processes and creation of service standards.
  • Increased client retention to 98% in a very competitive industry by successfully creating a service centered culture by establishing account management processes which were designed to minimize service issues.


AmeriFlex, LLC, Mount Laurel, New Jersey                                                                                                          
Chief Operating Officer (COO) | Chief Financial Officer (CFO), September 2002- May 2007

 Reported to the CEO, wholly responsible for all operational and financial functions of this award winning third party benefit administrator, including organization, staffing, training, system development, monitoring achievement of goals, and developing new strategies for revenue and or income enhancement. Responsible for creating and implementing short and long term strategic plans.

  • Turned around this underperforming company by developing and executing a business improvement plan. The company was experiencing significant financial losses and a 28% client termination rate. During the nine month, nine step reorganization plan, the companies’ financials improved from a loss of 35% of revenue to a profit of 10% of revenue. During that same period, operational capabilities dramatically improved which reduced client terminations from 25% to 5%.
  • Increased revenue by 20% by integrating two acquired companies into our operating platform. Executed a flawless conversion and began to effectively communicate with and manage these new accounts. Because of the ability to provide a seamless transition and outstanding support, the company was able to retain 93% of the business and gain new distribution channels for future business.
  • Winner of Benefit Selling magazine’s award for the Third Party Administrator delivering the most comprehensive service for years 2005, 2006 and 2007.


American Telecom, Inc., Horsham, Pennsylvania
Vice President of Finance, September 1997 –September 2002

Reported to the President, responsible for all financial functions of this telemarketing company including payroll, benefit administration, accounts payable, accounts receivable, collection, purchasing, financial reporting, financial analysis and budgeting. Member of the Executive Planning Committee. Maintained adequate cash flow through proper planning, enabling the company to safely and quickly expand. Proposed and analyzed merger and acquisition candidates resulting in an acquisition in 2002.

  • Saved $580 thousand or 5.47% of revenue by embarking on a project to reduce or eliminate all unnecessary costs from every line of expense. Renegotiated new terms for our office space, found lower cost vendors for supplies, forms, and fulfillment, negotiated a new telecommunications agreement, renegotiated existing leases, changed benefit plans, and established tighter usage controls.         
  • Reduced staff by 40% by establishing new processing standards in an already profitable division. Established enhanced operational goals and identified the two primary drivers that would be needed to accomplish that goal.  In addition to the reduction in staff, division performance improved as reflected in key service metrics.