Accomplished Controller/CFO - Accomplished, business-focused financial executive with outstanding record of creating and implementing strategies, policies, and procedures to enhance overall profitability of companies spanning a range of industries. Extensive experience working for medium sized manufacturers and experience in generating significant cost reductions. Consistently developed strategies to improve overall profitability and reduced operational costs. Succeeded in streamlining accounting department that helped achieve $300k in reduced costs.
Strategic Financial Leadership s Significant Cost Reductions s Improved Cash Flow s Regulatory Compliance
Accomplished, business-focused financial executive with outstanding record of creating and implementing strategies, policies, and procedures to enhance overall profitability of companies spanning a range of industries. Trusted partner and keen analyst with exceptional ability to see the business drivers behind the numbers and provide functional reports to improve organizational direction. Adept at ensuring compliance with SOX and state / Federal regulatory commissions. Demonstrated capability to manage external audits and produce favorable results. Proficient at leading all aspects of turnarounds and M&A, including due diligence, business analysis / planning, and risk management. Extensive tax and international business experience. Polished professional with superior communication skills and negotiation talents.
Areas of Expertise
s Strategic Planning s Turnaround Management s System Conversions
s Policies and Procedures s SOX / Regulatory Compliance s SEC Reporting
s Extensive Tax Experience s Project Management s Financial / Business Plans
s International Business s Due Diligence / M&A s Franchise Brokering
s Cost Controls s Risk Management s Audits / Negotiations
PROFESSIONAL SUMMARY
FINANCE AND TAX CONSULTANT 2008 to Present
Provider of financial services / expertise to clients spanning corporations, partnerships, and sole proprietors
Ø Provide services including tax research and return preparation, accounting and acquisition advice to clients in several industries and accounting system implementation to QuickBooks..
Ø Performed tax research and handled tax reporting of acquisitions and divestitures.
Ø Temporary CFO for Starving Students, a moving company.
RDF FRANCHISING 2008 to 2011
Provider of franchise consulting and brokerage services
Broker and Consultant
Ø Provided brokerage and consulting services for over 400 franchises and potential owners..
Ø Reviewed franchise disclosure document information required by the FTC and analyzed franchise audits.
EMRISE CORPORATION (NYSE Arca: ERI) Rancho Cucamonga, CA
Manufacturer of telecommunications equipment and electronic components with annual sales of $60M
Senior Vice President | Chief Financial Officer | Corporate Secretary| Consultant 1999 to 2008
Ø Formulated and led all aspects of financial plans and functions, including: business planning, accounting, budget planning / expense control, forecasting, risk management, MIS, taxation, HR, investor / banking relations, SEC reporting (10K, 10Q, 8K, S1, S3) and legal affairs.
Ø Prepared multi-company tax provisions utilizing SFAS 109 (ASC 740) and FIN 48
Ø Managed five direct / four indirect reports.
Ø Performed due diligence and integrated five acquisitions valued at $23 million.
Ø Effectively managed growth from $22 million to $60 million in annual revenue.
Ø Oversaw international accounting issues, including currency conversions, consolidations of international subsidiaries, and operations of three foreign subsidiaries.
Ø Obtained new credit line saving approximately $130K per year in interest and fees.
Ø Reorganized accounting/finance department and reduced annual costs by $300K
Ø Led selection and implementation of ERP system, Made2Manage, to provide a complete enterprise management infrastructure and cost variance analysis.
Ø Directly contributed to sophisticated transactions including multiple acquisitions and a divestiture.
Ø Developed and implemented comprehensive financial systems, internal controls, and accounting processes / protocols to ensure compliance with all Sarbanes-Oxley (SOX) and regulatory requirements.
Ø Played key role as companys financial spokesperson with the Board, investment community, outside auditors, banks, law firms, and various regulatory agencies.
Ø Key contributor in raising $18 million in a sale of 12 million shares of stock in a private investment of public stock and prepared applicable SEC registration documents.
Ø Negotiated favorable settlement with IRS audit resulting in retaining a $5 million tax NOL carryover.
Ø Assessed and replaced law firm to improve corporate professionalism and expertise.
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UNIT INSTRUMENTS, INC. (acquired by US Filter Corporation) Yorba Linda, CA
$52M public worldwide manufacturer of products used in semiconductor wafer manufacturing process
Corporate Controller 1995 to 1999
Ø Played critical role in maintaining a robust control environment; procured all financial statement filings with the SEC to ensure the Companys financial integrity.
Ø Ensured timely accurate reporting of all financial matters:
Ø Task force leader of implementation of on time on budget of an ROI ERP system including standard costs.
Ø Installed new fixed asset accounting system resulting in $200K tax depreciation benefit.
Ø Played key role in integrating merger of $80 million parent company into corporate entity, including recasting historical SEC reports, reporting domestic and foreign tax effects and discontinued operations analysis.
Ø Saved $500K by negotiating with the IRS to allocate selling price of major foreign subsidiary among US and foreign assets to maximize foreign tax credits.
Ø Performed due diligence for acquisition of $11 million manufacturing company
Ø Led liquidation of subsidiary after semiconductor market decline.
Ø Directed all domestic tax, foreign tax functions
OPTICAL RADIATION CORPORATION (subsidiary of Benson Eye Care Corp.) Azusa, CA
$300M public manufacturer of high tech optical products
Director of Tax and Finance 1985 to 1995
Ø Oversaw all tax and finance functions and collaborated with executive management of 20 subsidiaries.
Ø Managed and performed preparation of consolidated federal income tax return, 100+ multi-state income tax returns, and assisted with SEC reports.
Ø Computerized fixed asset system and sales tax reporting systems.
Ø Coordinated federal and state audits and negotiated settlements.
Ø Led conversion of Optical Radiations financial reporting system to the Benson eye care Hyperion system to achieve financial reporting consistency throughout the Company. .
Ø Planned and implemented effective tax strategies to achieve savings of $2-$5M / year in Puerto Rican facility, $200K in state income taxes, and $200K in a Florida income tax audit
Previous Experience includes Corporate Tax Manager at Western Gear Corporation
EDUCATION, CERTIFICATIONS, AND AFFILIATIONS
Business Administration f California Polytechnic University - Pomona, CA
MBA f Golden Gate University
Passed all parts of the California CPA examination
Member f Financial Executives International
Member f Institute of Certified Management Accountants
California Registered Tax Preparer
California Real Estate Br |
