Joseph Cancellieri, Chief Financial Officer
Professional Overview
Joseph Cancellieri is an experienced finance executive with a proven track record of driving financial strategy and operational excellence. As the Chief Financial Officer at Bayport Funding, he leverages his deep expertise in financial analysis, capital management, and strategic planning to support the company's growth and profitability objectives.
Experience Summary
Current Role
As the Chief Financial Officer at Bayport Funding since March 2024, Joseph is responsible for overseeing the company's financial operations, including financial reporting, budgeting, and risk management. He plays a pivotal role in shaping the financial strategy, ensuring the organization's financial stability and long-term sustainability. Under his leadership, Bayport Funding has achieved significant cost savings and improved its overall financial performance.
Career Progression
Prior to his current role, Joseph served as the Director of Finance at ACRES Capital from 2015 to 2024, where he was instrumental in driving the company's financial strategy and enhancing its profitability. Earlier in his career, he held the position of Controller at Centerline Mortgage Capital Inc. from 2002 to 2015, where he demonstrated his expertise in financial reporting, cash flow management, and compliance.
Academic Background
Joseph holds a Bachelor of Business Administration (B.B.A.) in Accounting from Adelphi University, where he graduated with distinction in 1995.
Areas of Expertise
- Financial analysis and reporting
- Strategic financial planning and budgeting
- Capital management and risk mitigation
- Financial process optimization and automation
- Regulatory compliance and financial controls
- Cross-functional collaboration and team leadership
Professional Impact
Throughout his career, Joseph has been recognized for his ability to drive financial transformation and operational efficiency. At ACRES Capital, he spearheaded the implementation of a new financial reporting system, resulting in a 20% reduction in reporting turnaround time and improved data accuracy. At Bayport Funding, he has been instrumental in streamlining the company's financial processes, leading to a 15% increase in productivity and a 10% reduction in operational costs.
Conclusion
With his extensive finance expertise, strategic mindset, and proven track record of success, Joseph Cancellieri is well-positioned to continue driving Bayport Funding's financial performance and contributing to its long-term growth and sustainability.
