Bruce Smith

Chief Financial Officer

Greater Boston

About

Top-performing senior financial executive with an entrepreneurial spirit and strong record of providing the people, processes, and systems necessary for rapid growth and global expansion in fast-paced, competitive industries. Proven ability to reduce costs, improve efficiencies, build robust relationships with other departments, attract and develop top talent, manage internal and external resources, and improve accounting policies and procedures. Skilled at leveraging systems to improve business effectiveness. Specialties: - Strategic Planning - Business Expansion Planning - Process Re-engineering - Contract Negotiations - Acquisitions & Divestitures - Raising Capital / Exit Strategies - Budget & Forecasting - Financial Reporting / GAAP / SEC - International Operations - Cash Flow Optimization - Treasury & Expense Control - Cost Accounting / Margin Analysis

Experience

  • Senior Director of Operations at Myti
    Jan 2023 - Jun 2023 · 6 mos

    Myti is a community-driven online shopping platform that allows you to search for items by proximity and purchase from independent retail businesses. The new way to shop online and support your local economy.

  • Chief Financial Officer at Clora at Clora
    Mar 2021 - Dec 2022 · 1 yr 10 mos

    The intelligent platform that efficiently matches life science companies with flexible, on-demand expertise.

  • Chief Financial Officer at Monocl
    Jan 2020 - Mar 2021 · 1 yr 3 mos

    Monocl empowers life science professionals with the complete global expert solution designed to drive impactful outreach and strategic engagement. Our cloud-based expert platform - powered by machine learning - continuously analyzes an unrivaled amount of data across all therapeutic areas and regions, providing invaluable context and actionable insights. Monocl is a Definitive Healthcare company.

  • Chief Financial Officer at Cambrian Innovation, Inc.
    May 2015 - Sep 2019 · 4 yrs 5 mos

  • Interim CFO at Financial Consulting Services
    2013 - May 2015 · 2 yrs 5 mos

    Financial Model Development Designed and implemented an excel based model to assist in business planning, cash flow forecasting, product demand analysis and sales team compensation. The model is secure, menu driven, and based on a modular design allowing protection of confidential information while enabling interactive “what if” scenario development by functional managers. The model was used as the foundation of the budget process and has been implemented as a monthly financial reporting package providing an analysis of progress toward corporate goals. System Design and Implementation Documented and reviewed with senior management the current accounting practices and reporting through existing systems (QuickBooks, Salesforce.com, Excel) and made recommendations to upgrade and implement GL interfaces with online banking partner, payroll and benefit vendors, and Salesforce.com to streamline processes and provide access to current data and reporting. Currently implementing those recommendations which are expected to reduce time to close by 15-20 days. Accounting and Operational Policies and Procedures Assisting in establishment of accounting and operational policies and procedures related to control of cash, payroll processing, purchasing and signature authorization levels, travel, revenue recognition, fixed asset management, records security and retention, and system backups. This documentation is an important way to communicate management’s philosophy for many key processes, is SOX compliant, and will be utilized in the upcoming financial audit.