Alameda, California, United States
Manager with 20 years’ experience of results-oriented leadership in high tech, biotech, real estate, & retail companies. Strong accounting systems, process analysis & controls. Expertise in problem solving, analysis, financial planning, and business modeling, with proven ability to achieve results. Recent activities: Sarbanes Oxley Compliance, ERP implementation (SAP cloud based-Systems by Design), L/T projection, preparation of GAAP audited financials on M&A. Key Career Accomplishments: - Converted company books from cash to accrual (GAAP), & audit support (to Big 4 auditors) to enable a biotech company to file S1 for IPO. Company raised $120M. - Responsible for financial reporting, general ledger, A/R, A/P, payroll, inventory, cost control, budget, long term planning, and trended financial analysis. For an eCommerce company, designed & improved revenue recognition reporting & deferred revenue account accuracy. - Managed & installed accounting systems to enable consolidated reporting for a group of 6 corporate entities (real estate) and a manufacturing (apparel) co. - Prepared consolidated audit draft for a successful sale in an M&A transaction (biotech company). Consolidated financial reporting (10 funds) for a venture capital firm which total funds valued over $5 billion. - Internal audit of diversified company operations (a $7 billion Company), system control, and applications. Audit findings achieved additional total $9 million in A/R billings & profit improvement. - Sarbanes Oxley Compliance documentation, review and testing of internal control, processes, & SEC filing. One finding improved quarterly revenue recognition by $1 million for a software company.
Consultant\Controller to medical device design\manufacturer: Led a team of three in month end close. Prepared financial reports (QAD EE ERP system), and monthly flux analysis of 10 cost centers. Team member in implementation of AR and credit application process for product launch. Consultant\Controller to eCommerce, marketing service company with operation in Europe & Japan: Represented buy-side in post-merger accounting integration of an internet service company, including working with the acquired company (on SAP) to ensure a smooth transition to the acquiring company’s internal financial reporting (PeopleSoft) requirements. Monitored purchase accounting adjustments, including business combination, accounting for contingencies, measurement and valuation of assets, and valuation of goodwill. Prepared consolidated financial report to reflect the desired post-merger corporate structure. Modified chart of account to record post-merger purchase accounting transactions.
Consultant and interim controller to many high-tech and biotech companies with operation in Asia & Europe: Converted client (biotech co.) books from cash to accruals, and quarterized company financials. Prepared cash flow & debt schedule for GAAP disclosure. Prepared clinical trial accruals & audit support to enable three clients to file S1 for IPO. S1 tie-out and support for SEC filing. Three clients successfully went public, and raised $300M in total. Designed and improved revenue recognition reporting & deferred revenue account accuracy (social media); and R&D tax credit analysis (biotech) using excel vLookup and pivot tables. Financial analysis on financial operations and balance sheet accounts for S1 filing. Prepared pre-audit draft on consolidated financials for M&A transaction (medical device co. with successful acquisition by Luminex (LMNX). Sarbanes-Oxley (SOX) 404 compliance in risk assessment, documentation, design of test plan, testing of client operation, and remediation of audit deficiency. Audit of all facets of client internal controls & processes, from internal (e.g. AP, AR, Payroll, Fixed Assets, Manufacturing, Inventory, Treasury Management, Revenue, Deferred Revenue etc.) to external processes (SEC filing). Audit support to Big 4 firms, in annual audits. Filed sales tax & property tax returns. Venture fund accounting and reporting for 12 funds valued over $2B.
Controller and SOX consultant to many high-tech and biotech companies with operation in Europe& Asia: Sarbanes-Oxley 404 compliance in risk assessment, documentation, design of test plan, testing of client operation, and remediation of audit deficiency. Audit of all facets of client internal controls & processes, from internal (e.g. GL, AP, AR, PR, FA, and Revenue etc.) to external processes in SEC filing. SOX clients include: Logitech (LOGI), Informatica (INFA), Cepheid (CPHD), Blue Coat Systems (BCSI), Dynavax (DVAX), Maxygen (MAXY), Atelion (ATLN) etc. Audit finding improved quarterly revenue recognition by $1M. Audit support to Big 4 firms, in annual audits. Filed sales tax & property tax returns. Venture fund accounting and reporting for 12 funds valued over $2B.
Manufacturer's sales rep company representing Toshiba, Cortina Systems, Sunon, Broad, & Silicon Image etc.. in marketing its I/C components and memory chips. Responsible for financial reporting, general ledger, A/R, A/P, payroll, budget, & financial analysis. Team member in reorganization and turnaround the company. Third year revenue increased by 100%.
Built business model with Scientific Founder and raised equity investment. Patented technology in the manufacturing of natural interferon for treatment of multiple sclerosis, and hepatitis B. - Installed accounting system, policies and procedures and prepared month end financial reporting package and reported to company board of directors. - Planned annual budget. Managed cash flow to budget and secured equipment lease line of with Silicon Valley Bank.