Our Mission

Our mission is to be your long term CFO partner and strategic advisor. Your goals are unique to your business, so we tailor our services to you. We elevate your company’s financial strategy via our Business Scorecard to take your company from where it is now, to where you want it to be.

Small Business Accounting

Bookkeeping • Bank Reconciliation • Financial Statement Preparation • Individual Consultation

Payroll

Payroll Processing • Vacation, Sick, and Personal Day Accruals • Tax Reporting and EFTPS Deposits • W2, W-3, and 1099 Preparation • Ad Hoc Services

Tax

Tax Preparation • Tax Planning • IRS Audit Representation • Tax Problems

QuickBooks

QuickBooks Set-up • QuickBooks Training • QuickBooks Tune-up • QuickBooks Answers •

Advisory

New Business formation • Business Valuation • Internal Controls • Audits, Reviews, and Compilations

Non-profit

Tracking Systems • Payroll • Financial Statements • 990 and 990T Prep • File Tax-exempt

Personal Financial Planning

Retirement Planning • College Planning • Estate Planning • Insurance Assessment • Investment Planning

Part-Time CFO

Interim CFO, Problem Solver and CPA practitioner

Our Business Scorecard


There are five primary areas of Business Decisions that I feel all enterprises need to be employing. I believe that most enterprises are so to speak stuck doing and not thinking of them and their organization in these structural components. I have identified the 5 primary areas of Business Decisions and formatted them in a ‘Scorecard’ design.

Below is a summary outline of these 5 primary areas of Business Decisions.

1. Strategy & Planning:

  1.  Start with the End in Mind.
  2.  Why do you exist?
  3. What does the future look like?
  4. How are you getting to where you want to be?

2. Sales & Marketing:

  1.  Leading indicator for any business.
  2.  Leads > Proposals > Closed Sales
  3.  What does the pipeline look like?
  4.  Where you spend your sales and marketing resources?

3. Clients & Services:

  1.  Who are your clients? 
  2.  Which are the most & least profitable to your enterprise?
  3.  Valuable staff staying or leaving?
  4.  Why do clients leave?


4. People & Operations:

  1.  Culture for you – what is it?
  2.  Have high performing people or just work groups?
  3.  Which behaviors are most successful in your business?
  4.  What are the hidden costs of turnover and unengaged employees?

5. Cash & Finance:

  1.  Cash flow needs to be at the forefront
  2.  Cash flow problems forces one to make tactical, not strategic decisions.
  3.  What cash is needed to grow the business
  4.  Where and how can one improve profits?

About Us

Tom brings a unique skill set to his clients. Not only a highly experienced CPA with big 4 experience, but a forward thinking CFO that will work alongside you to become your most relevant advisor. He has had his own CPA practice since 1992 in addition to his CFO Advising roles.

Tom was featured in a small documentary about one of his clients! It follows his clients real life experiences as a small business food manufacturer in Brooklyn and highlights the daily obstacles and how he advised him.

The Macaroon King - A Documentary Film

Thomas J. Owens - CFO, CPA

tom@thomasjowenscpa.com

Cell: 201-669-8919
Fax: 201-632-4810

CPA and Strategic CFO Advisor

Successful CPA and interim CFO professional with key skills developed as a successful Big 8 auditor and as a auditor/tax manager and Partner in small to mid-size accounting firms. Background includes a variety of industries, with sizes ranging from small privately owned companies to large international public corporations. A bottom-line improvement specialist with key skills that increase profitability and reduce costs.

WORK EXPERIENCE
1992 – 2000; 2004 – Present
THOMAS J. OWENS, CPA, Ho-Ho-Kus, NJ
Owner/Principal Consultant
• CPA practice that consists in servicing small to medium size businesses (clients’ revenue range is $250k to $25 million). An outline of the roles, responsibilities and accomplishments are:
o Prepare, review and analyze financial statements and discuss with clients
o Analyze business operations, trends, revenues and costs and advise where to focus
o Assist in identifying lines of credit/funding sources to aid in cash management
o Primary role with clients is as an advisor, tax strategist and as external CFO

May 2015 – September 2019 (replaced by larger CPA firm)
RED ANTLER, LLC – Branding agency, Brooklyn, NY
CFO consultant 1 day a week and as outside CPA firm
• Commenced operations in 2008. Currently has ~ 120 employees and various freelance personnel. Replaced the prior controller (been there 5 years) with a new controller in July 2015. Assisted the organization financially about itself in terms of Financial Reports, budgets, forecasts, cash flow rolling forecasts, KPIs analysis, tax planning for the partners, to prepare an annual review report for the bank, enhanced LOC from $300k to $2.5 million, and equity positions in clientele.

October 2010 – September 30, 2015 (was sold)
PIXAFY, INC., start-up ecommerce website developer/SaaS and web-hosting technology, New York, NY
Chief Financial Officer (part time)
• Commenced operations in October 2010, and currently has 75 employees. Attend to on-going strategy of the development of the entity, attend board of director meetings, executive management meetings, financial planning and analysis and accounting matters, investor relations, cash management, insurances, equipment leasing, bank relations that involve lines of credit, term loans and related funding sources.

March 2004 – February 2014 (was sold)
IMEDICOR, INC. (formerly, VEMICS, INC. – VMCI - public symbol), start-up technology/medical portal company, Nanuet, NY (now Windermere, FL)
Chief Financial Officer (part time)
• CFO (part-time) for a start-up technology/medical portal company March 2004 – February 2014. Prepared year-end audit – 10-K, quarterly financial statements – 10-Q’s, raise financing from investment bankers and private investors. Oversaw all bookkeeping, payroll, vendor payments, and banking matters.

EDUCATION
MBA, Finance, Pace University, New York, NY
BS, Accounting, Fordham University, Bronx, NY

AFFILIATIONS
AICPA, New York and New Jersey Society of CPA’s

Industries Served

Associations • Attorneys • Branding Agencies • Consultants • Contractors • Dealerships • Dentists • eCommerce • Healthcare • Landlords • Physicians • Retail Stores • Restaurants • Schools • Social Service Agencies • Software • Technology • Wholesale Food

  • Tom was an absolute pleasure to work with: professional, courteous, and friendly.

    -- Walter N.

  • Tom is competent, approachable, efficient, and delightfully personable. He always makes time to address my questions in a very timely manner.

    -- James W.

  • Tom patiently and fully answered all of our questions, and had a some specific recommendations for us that would increase our tax refund for next year. He is professional, friendly, and keeps everything simple.

    -- Sally T.

Let's Start Talking

Let's discuss your situation so that we may understand your objectives and determine whether we have the ability to provide service and value.

First consultation is free.

Call (201) 669-8919