PROFESSIONAL PROFILE
• Hands-on, MBA/CPA with 18 years of progressive experience in finance and management
• Unique combination of international, entrepreneurial and corporate experience
• Skilled in SEC reporting, improving financial performance and managing working capital
• Proven strength in evaluating and executing transactions and developing and implementing strategic plans
CAREER HISTORY
Interactive Systems 2002 to Present
Chief Financial Officer and Treasurer West Paterson, NJ
Responsible for all financial and administrative aspects of this NASDAQ listed software developer and operator. Prepare financial statements and SEC filings, manage the investor relations function, perform treasury, tax and human resource functions. Actively involved in management of operation located in London, England. Serve as key financial and business advisor to CEO and Board of Directors. Evaluate potential strategic relationships. Improve processes, systems and controls.
Accomplishments:
• Led investor and press relations campaign which generated significant increase in stock volume and price
• Played a key role in three financing transactions which raised $11 million
• Directed Company’s reporting and compliance efforts relating to the Sarbanes-Oxley Act of 2002
• Led post-acquisition integration of finance function of UK subsidiary acquired in July 2002 which resulted in significant cost savings
• Approved for licensure by Nevada Gaming Board
Uvine.com Ltd. 2000 to 2001
Controller / Chief Financial Officer London, England
Created and managed all financial and administrative aspects of this internet based wine exchange and wholesaler. Provided strategic input to the Board regarding financial performance and funding. Prepared and presented financial results and forecasts to the Board and investors. Evaluated and negotiated business development opportunities. Developed and implemented processes, systems and controls. Assisted in the design of a multi-currency website, back-office and internal reporting system.
Accomplishments:
• Appointed to the Board of Directors and became Company Secretary within 5 months of joining company
• Played a key role in the acquisition of a UK based wine merchant with annual sales of $6 million
• Instrumental in raising $7 million in funding from several domestic and international investors
• Led efforts relating to the establishment of three overseas offices
PricewaterhouseCoopers (Coopers & Lybrand) 1988 to 2000
Assistant Director / Manager London, England (1999–2000)
Business Recovery Services
Advised Bank Groups with respect to their “high-risk” loans by evaluating debtor operations and business plans to maximize recovery. Performed strategy reviews on behalf of under-performing companies. Work typically consisted of: industry and competitor analysis, evaluation of management and strategy, review of key factors impacting actual financial performance, evaluation of budgets and projections and analysis of security. Managed teams ranging from 2 to 5 professionals. Focused on multinational organizations with revenues of $200m +.
Accomplishments:
• Selected as a member of the consulting team which focused on complex, high-profile restructuring engagements and worked directly with the Global Head of
Business Recovery Services
Transaction Services London, England (1997–1999)
Provided advice to potential acquirers and performed due diligence procedures in connection with 12 transactions in the UK and Europe. Worked typically consisted of: review of financial performance, comparison with competitors, analysis of normalized earnings, customer and product profitability and evaluation of budgets and projections.
Accomplishments:
• Played a key role in generating several engagements as a result of developing relationships and exceeding client expectations
Manager / Senior Associate Philadelphia, PA (1991-1997)
Business Recovery Services
Helped companies restructure their businesses, improve operations, cash flow and manage working capital. Developed processes, systems and controls for monitoring financial performance. Assisted lenders in the workout of troubled loans and advised creditor groups in bankruptcy proceedings on debtor operations and business plans in order to maximize recoveries. Focused on mid-market companies with revenues ranging from $20m to $200m.
Performed due diligence procedures and financial and operational analysis in connection with 10 acquisitions
Accomplishments:
• Acted as Interim CFO for a paper goods manufacturer, successfully restructuring the company’s banking facilities and negotiating an extended pay-out of its largest creditors
• Developed an activity based costing system and established processes and procedures to monitor customer profitability for a third party logistics provider
Senior Associate / Associate Philadelphia, PA (1988-1991)
Audit
Managed all facets of audit engagements, directly responsible for critical audit procedures for several key clients. Involved in SEC filings including 10Ks, 10Qs and public issuances of stock and debt. Key member of recruiting team. Heavily involved in training and staff development.
EDUCATION / QUALIFICATIONS
Master of Business Administration, Finance, Temple University, Philadelphia, PA, 1999
Certified Public Accountant, State of Pennsylvania, 1990
Bachelor of Science, Accounting, The Pennsylvania State University, University Park, PA, 1988 |
