HENRY M. DACHOWITZ
New York, NY 10025 | https://linkedin.com/in/henrydachowitz |
Mobile: 516-728-4991 | [email protected]
Executive Profile
CFO consultant (CPA Harvard MBA) who has developed financial
teams and improved strategic operations to accelerate
profitable growth. Relishes crisis turnarounds -- pinpoints root
causes of problems then fixes them with maximum leverage.
Experienced in raising funds, SEC public financial accounting
reporting, international operations,
complex tax matters, and M&A (from screening and
negotiations to due diligence forensic reviews and post-acquisition
integration). Achieves success through creative problem solving and
cost cutting, and low-drama computer system implementations.
Advanced communication skills as a management consultant and
Adjunct Accounting Professor.
Areas of Skill and Expertise
Debt and Equity Funding Financial Accounting & Tax
IPO and Investor Relations Budgeting and Planning
Mergers & Acquisitions SEC and Dashboard Reporting
Turnarounds & International Computer Systems
Strategic Planning Forensic Investigations
Notable
Achievements
Financial Management and Operations Improvement Nassau County
achieved 11 bond rating increases in 33 months and four annual
budget surpluses (Treasurer)
Turned around Internet retailer 5 weeks from bankruptcy to
profitable & cash-flow positive (Expert CFO Advisor)
Profit margins increased by 4.5% based on Customer and Product
Profitability Model (Controller Deutsche Bank) Cost Reduction &
Efficiency Improvement
Doubled quality and quantity of Nassau County Treasury
Department output while shrinking headcount from 60 to 43 Cut
expenses $2MM/yr from Nassau Countys Deferred Compensation Plan
($500MM AUM)
Tax Optimization
Restructured transaction selling a 51% ownership interest to
avoid $8MM tax liability (CFO FastCast)
Forensic Investigation
Recovered 60% of missing cash in Securities Lending
investigation (VP, management consulting, Deutsche Bank)
Mergers & Acquisitions
Completed Due Diligence and closed on two acquisitions in first
90 days; then IPO (CFO, Pharmos Corp)
Work Experience
Expert CFO Advisor (Financial and Management Consulting
Firm)
Founder and CEO 2006 to Current
CFO of ambulatory surgical center, Internet retailer, dietary
supplement manufacturer/distributor (among others) Director and
Audit Committee Financial Expert of Lev Pharmaceutical
(OTCBB:LEVP.OB), a public biotech
Forensic investigation of trust fund investments and accounting
for Family Office
Nassau County, NY ($2.4 billion annual revenues, $3 billion in
debt)
County Treasurer and Chairman, Deferred Compensation Plan 2002
to 2006 Bond Buyer designated 2004 Nassau Medical Center bond
refunding Bond Deal of the Year (Northeast US)
Maintained $6MM investment income despite 150 basis point drop
in interest rates
Helped establish the County's new Compliance Department hired
CPAs and instituted compliance reviews Issued over $1.5 Billion in
new and refunding debt and lowered average interest rate by 100
basis points
HENRY M. DACHOWITZ page 2
NYC 10025 | https://linkedin.com/in/henrydachowitz
|cell:516-728-4991 |[email protected]
FastCast Corporation (high-growth optical start-up) CFO and
Treasurer 1995 to 1997 Raised over $25MM in equity financings
Established a Foreign Sales Corp (FSC) reducing taxes on
international revenues to 15% Initiated domestic and international
leasing program -- used by 2/3 of customers
Pharmos Corp (International biotech start-up)
CFO, Treasurer and Secretary 1992 to 1995
Took Pharmos public (IPO) and handled all SEC reporting and
filings (10-Q, 10-K, S-1) Instituted multi-language and
multi-currency accounting system with consolidations Raised over
$15MM in debt, equity and research grants
Deutsche Bank (Bankers Trust)
Internal Management Consultant; then Controller 1988 to 1992
Increased revenue by $1MM from Compensation Claims Saved
$150K/yr and upgraded staff quality while lowering headcount from
20 to 13 Saved $3MM/yr leading overhead cost cutting project
Prior Experience
Abacus Business Consultants Founder and CEO 1999-2002
Twenty-First Securities (tax arbitrage firm) Institutional Salesman
1997-1999 AllianceBernstein (Sanford C. Bernstein) Equity Research
Analyst 1987-1988 Deloitte (Touche Ross) Management Consultant
1984-1987 IGI Biotechnology CFO 1982-1984 Empire Steel Trading
PricewaterhouseCoopers (Coopers & Lybrand)
Commodity Trader
Auditor
1980-1982
1977-1978
Education
Certifications, Awards and Distinctions
Certified Public Accountant (CPA), States of New York and
Maryland, since 1983
Series 7 and 63 securities licenses, 1987 & 1997 (currently
inactive)
Editorial Advisor, Journal of Accountancy, 1989 - 2000
Adjunct Professor of Accounting (Financial and Forensic), NYU
Stern School of Business, since 2012
Adjunct Professor of Accounting (Government and Forensic), John
Jay College (CUNY), 2010 2014
Teaching Assistant in Accounting at Harvard College (Economics
1500) while getting my MBA
Winner of Touche Ross Innovation Award, for implementation of
swap dealer computer system, 1986
4th
place winner, National Management Tournament, computerized
business simulation, 1979
Selected by Harvard Business School Faculty to HBS Century Club
(35 MBA students out of 775), 1979
Lewis P. Goldberg Scholarship for graduate study in business,
Brooklyn College, 1977
Harvard Business School MBA (Finance and Strategy) Boston, MA
June 1980
Brooklyn College (CUNY) B.S. (Accounting) Brooklyn, NY January
1977
