Nancy Defrancesco, Cpa
About Nancy Defrancesco, Cpa
Nancy Defrancesco is a CPA and the Director of Accounting at QuVa Pharma, where she manages a team of 13 accounting professionals and oversees various accounting functions. She has extensive experience in the accounting field, having held significant positions at several companies, including Fuelco Energy and Sunoco Logistics.
Work at QuVa Pharma
Nancy Defrancesco serves as the Director of Accounting at QuVa Pharma, Inc. since 2019. In this role, she manages a team of 13 accounting professionals and oversees critical areas such as accounts payable, accounts receivable, and cost accounting. She has initiated projects aimed at converting check-paying customers to ACH to enhance cash flow. Additionally, she has automated monthly financial reports by linking Excel formulas to the accounting system and implemented new controls and processes, including physical inventory cycle counts and collection escalation protocols. Nancy also acts as an audit and tax liaison, managing daily 13-week cash flow forecasts and annual budgets.
Previous Experience in Accounting
Prior to her current position, Nancy held various accounting roles. She worked at Fuelco Energy as the Director of Accounting from 2014 to 2019, where she was responsible for overseeing financial operations. Before that, she served as Senior Manager of General Accounting and Senior Manager of Crude Oil Accounting at Sunoco Logistics from 2007 to 2014. Her career also includes positions at Deloitte as a Senior Auditor and Audit Manager from 1997 to 2002, and as an Auditor at Bowman & Company LLP from 1995 to 1997. Nancy has extensive experience in financial reporting and auditing.
Education and Expertise
Nancy Defrancesco earned her Bachelor of Science in Accounting from Rutgers University – Camden, completing her studies from 1991 to 1995. Her educational background laid the foundation for her extensive career in accounting and finance. With over two decades of experience in the field, she possesses expertise in financial reporting, auditing, and team management. Her proficiency in implementing financial controls and processes has contributed to the efficiency of the organizations she has worked for.
Achievements in Financial Management
Throughout her career, Nancy has achieved significant milestones in financial management. At QuVa Pharma, she successfully automated monthly financial reports, improving reporting efficiency. She has also initiated projects that enhanced cash flow by converting check-paying customers to ACH. Her implementation of new controls, such as physical inventory cycle counts and collection escalation protocols, demonstrates her commitment to improving financial processes. Nancy's role as an audit and tax liaison further highlights her capabilities in managing complex financial operations.