Nicole Phelan

Senior Manager Consulting- Interim Leader

Downtown Dallas, North Dallas, Open to Travel

30+ years of experience

Consulting

  • 30+ Years of Accounting Experience

    with strong month-end close, financial reporting, and cash management experience. 

  • Process Improvement Leader

    streamlining business operations that drive growth, increase efficiencies, and significantly increase bottom-line profits. 

  • Revenue Recognition Expertise

Roles

  • Reduced the monthly financial close cycle 25% (2 days) by consolidating activities, eliminating redundancy, and employing “pre-close” actions during non-close periods.

  • Implemented ASU 842 for leases, transitioning 50+ lease agreements to update standards, as required for public companies.

  • Managed general accounting and reporting, including monthly and annual closings, cash management, FP&A, AR/AP, risk management, Federal/State/Local tax filings, and operational controls. 
  • Expedited the monthly financial close process by 60% while improving financial reporting accuracy. 

  • Developed and maintained interim, annual, and three-year corporate budgets. Partnered with the CEO to develop a strategic three-year plan that guided up to $4M in additional private equity investment. 

Achievements

  • Led $900M restatement of results on distressed asset.

  • Led EBITDA scrub to recover $30M of addback adjustments.

  • Project lead for AP/AR/GL ERP implementation.

  • Implemented revenue recognition processes that aligned operational cash flows .

  • Implemented detailed budget vs. actual analysis to inform functional leaders.