
Muldowney & Associates, LLC
Muldowney & Associates, LLC
Helping our clients be more profitable
Fractional CFO & Accounting Services
Advisors to Owners and Senior Leaders
J. Michael Muldowney
J. Michael Muldowney
Michael Muldowney is the Founder and Principal at Muldowney & Associates. Michael has 20 years experience as a business owner and has been part of 3 business entities and 2 real estate entities as an owner. He's served as VP, CFO and President during his career.
Here's information about Michael's professional background:
Accomplished, collaborative, entrepreneurial leader energized by tough challenges and problems to solve. Established, owned, and grew businesses into profitable, top-performing operational organizations. Consulted with businesses on a variety of financial, management, process, and HR issues.
PROFESSIONAL SUMMARY• Proven ability to create positive working environments and develop and motivate teams that exceed expectations.• Solid understanding of business; strong problem solving, mentoring, and rapport/relationship building skills.• Recognized for consistent reliability and for keeping priorities in the forefront until desired outcomes are achieved.
Core Competencies
Financial Management
Human Resources
Business Analysis
Process Improvement
Business Acumen
Change Leadership
Succession Planning
Peer Group Facilitation
Mergers & Acquisitions
Strategic Planning
Customer Service
Cost Reduction
Work Experience
Muldowney & Associates, LLC, Richmond, VA 2014-Present
Founded a multidimensional consulting firm, with functional areas including accounting, finance, interim management, strategic planning, procurement, mergers and acquisitions, etc. Helping clients to grow their business and thrive into the future.
Principal (2014 – Present) — Hired by small and medium-sized businesses struggling through financial, operational, and/or strategic planning processes. Trained staff, implemented/organized accounting systems, recruited new staff, performed various HR functions, and served as a key member of several firms’ executive management team, contributing to their planning and strategy processes.
Instrumental in turning around companies in financial distress, growing revenues/discovering
cost-savings, and building the foundation for organizational scalability.
Colortree Group | Direct Impressions, Inc., Richmond, VA, 1997 – 2013
Co-started privately held commercial printing company specializing in direct mail printing in Mid-Atlantic market. Major customers include banks, insurance companies, nonprofits, and political fundraising organizations. Company was acquired by Colortree Group.
Chief Financial Officer (2008 – 2013) — Held responsibility for the finance, accounting, and business IT functions; added management of company’s paper procurement efforts — approximately $7 million in roll paper stock purchases annually. Assumed responsibility for directing the company’s credit function in 2011 to address bad debt expense of approximately $600,000. Held position while serving concurrently as President of Typecraft Press, LLC from 2008 to 2011. After the company’s acquisition by Colortree in December 2012, was retained until functions are consolidated into existing operations.
Played key role in company’s generating $25+ million in 2011 revenues and $22+ million in 2010
through cost-control initiatives and sound financial management.
President / COO / CFO (2004 – 2007) — Reported to CEO. Managed controller, HR manager, plant manager, 60 indirect reports.
Helped grow company to 75 employees, $14+ million operating budget, and $15+ million in annual revenue.
Vice President / CFO (1997 – 2004) — Developed and implemented all support functions: administration, accounting and finance, HR, and information systems. Directed employee safety and traffic and warehousing; assisted with managing the manufacturing operation. Performed all budgeting and financial forecasting activities and worked with banks and finance companies to secure credit for working capital and equipment purchases. Established companywide human resources system.
Successfully led company through organizational change and rapid growth,
from $2.8 million in annual sales in 1997 to $14.4 million in 2006.
Typecraft Press, LLC,Pittsburgh, PA, 2008 – 2011
President / General Manager — Challenged with turning around commercial print firm (acquisition) with a long history of operating losses and anemic sales; acquired firm in February 2008 with one partner. Served as president and general manager first six months and then hired a local general manager. Became more involved in daily operations again in 2010; supervised sales manager and general manager and led HR function. Held full P&L accountability.
Led change necessary to return business to profitability, positioning it for sale in 2011.
Education & Community Affiliations
Master of Business Administration (Finance), 1988 | Bachelor of Science (Finance), 1986, Virginia Tech
Leadership Metro Richmond (LMR), 2012 | Richmond Road Runners Club, Vice President (2010-2011), President (2014-2015), RRCA National Club President of the Year 2015 | Trustee & Treasurer: Mt. Calvary Cemetery Association | President - Saint Francis Home Board of Directors (2016- )
Volunteer Coach: Richmond Sports Backers Marathon Training, 2007 – 2014