EXECUTIVE SUMMARY
Chief Financial Officer with extensive experience in financial management and reporting, strategic planning, budgeting, forecasting, cash flow, restructurings, due diligence, mergers and acquisitions. Additional skills in managing the legal, human resources and MIS functions. Dedicated, team player with strong organizational and management skills.
PROFESSIONAL EXPERIENCE
Private security hardware and software development company, Sterling, VA 2007-Current
Chief Financial Officer (2007-Current)
Directed all areas of finance and accounting including financial, management and tax reporting, accounting policies, procedures and internal controls, annual audits, strategic planning, budgeting, forecasting, cash flow, due diligence, contract negotiations, banking relationships, and international operations. Managed staff of 9 in finance and accounting.
-Negotiated and maintained a $9.5 million multinational line of credit in US, Canada and UK.
-Coordinated acquisition of two companies, one in the US and one in the UK, including due diligence activities and negotiating and drafting purchase agreements.
-Managed purchase price allocations for four acquisitions, consolidations, transfer pricing and foreign translation accounting.
-Saved company $3.9 million in excess accrued dividends on its preferred stock.
-Coordinated private placement to raise over $9.0 million in additional capital.
Public software development and services company, Herndon, VA, 1998-2007
Chief Financial Officer (2002-2007)
Senior Vice President of Finance & Administration (2001-2002)
Vice President of Finance (1999-2000)
Vice President and Corporate Controller (1998-1999)
Directed all areas of finance, accounting, legal, human resources and MIS, including financial, management, tax and SEC reporting, accounting policies, procedures and internal controls, annual audits, strategic planning, budgeting, forecasting, cash flow, restructurings, due diligence, contract negotiations, insurance, personnel policies, employee benefits, commission and bonus plans, banking relationships, international operations, and financial system conversions. Managed staff of 15 in accounting, legal, human resources and MIS.
-Participated in the sale and merger of the company with a German public software company.
-Managed taking the company through a successful Chapter 11 financial restructuring.
-Improved financial results of the company from a $20 million loss to a $3 million profit.
-Increased revenues from $86,000 per employee to $182,000 per employee.
-Reduced DSO’s from 160 days to 47 days.
-Implemented procedures to close the financials by the first day of the following month.
-Managed the sale and merger of the company with an industry leader in its market space.
-Negotiated and maintained a $5 million line of credit.
-Participated in several private placements to raise over $8.3 million in additional capital.
-Supervised conversion of financial reporting system from MAS90 to SAP to Traverse.
Public software development and services company, Fairfax, VA, 1994-1998
Chief Financial Officer (1997-1998)
Vice President of Finance (1996)
Corporate Controller (1994-1996)
Directed all areas of finance and accounting, including financial, management, tax and SEC reporting, accounting policies, procedures and internal controls, annual audits, strategic planning, budgeting, forecasting, cash flow, due diligence, acquisitions, banking relationships, international operations, and financial system conversions. Managed staff of 9.
-Participated in the sale and merger of the company with a multinational public company.
-Coordinated accounting for the acquisition and merger of a competing software company.
-Participated in several private placements to raise over $8.6 million in additional capital.
-Coordinated redemption of outstanding warrants to raise $5.4 million in additional capital.
-Negotiated and maintained various lines of credit.
-Restructured financial reporting system to account for results by division and cost center.
Private software development company, Reston, VA, 1990-1994
Corporate Controller (1993-1994)
Controller (1992-1993)
Assistant Controller (1990-1992)
Directed all areas of finance and accounting, including financial, management and tax reporting, accounting policies, procedures and internal controls, annual audits, acquisitions and mergers, and financial system conversions. Managed staff of 13.
-Coordinated preparing an S-1 Registration Statement with the SEC for an IPO, which included providing audited financial statements within 15 days of year end.
-Supervised conversion and audit of financial statements for prior three years from a calendar basis to a fiscal basis.
-Coordinated accounting for the acquisition and merger of three software companies.
-Established and maintained three sets of accounting records for income tax, financial and management reporting purposes.
-Supervised system conversion from an AS400 mainframe system to Macola.
-Restructured financial reporting basis in order to account for results by cost center.
Arthur Andersen LLP, McLean, VA, 1985-1990
Public accounting firm
Audit Senior (1986-1990)
Audit Staff (1985-1986)
Responsible for planning, budgeting, supervising and completing audits of various companies, including publicly and privately held companies in the software development, manufacturing, distribution, retail and service industries. Supervised, evaluated and trained audit staff.
-Supervised clients in preparing for audits, identifying and resolving technical issues, preparing quarterly and annual financial statements and preparing reports to the SEC.
-Supervised government contracting clients in reviewing and evaluating compliance with government accounting and reporting requirements.
-Coordinated special projects including the development of a five year forecast model.
-Developed a self-study course on the rules and regulations of the SEC.
EDUCATION
Bachelor of Science in Business Administration with an Accounting Concentration
University of North Carolina, Chapel Hill, NC
PROFESSIONAL DEVELOPMENT
Completed over 600 hours of continuing professional education in accounting, audit, tax and various business advisory courses at Arthur Andersen LLP
TECHNICAL SKILLS
Excel, PowerPoint, Word, Outlook, Traverse, SAP, MAS 90, ACCPAC, Macola, FAS
AFFILIATIONS
American Institute of Certified Public Accountants (AICPA)
The Financial Executives Networking Group (FENG)
PROFESSIONAL LICENSES
Licensed Certified Public Accountant, Virginia Board of Accountancy |
