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Mark F. Paradise, Cpa

SENIOR FINANCE EXECUTIVE - CFO/CONTROLLER/CONSULTANT

Summary

Consummate  senior executive, change agent and team builder. Recognized international leader with a career building top-performing organizations that have consistently outperformed revenue and profit objectives. Vast experience in strategic planning and implementation with outstanding corporate finance qualifications. Change agent leveraging technology  with a hands-on style.

Work History

President

MFP Advisors
1998Present

Consult with client companies  to provide expertise in accounting and finance across a broad selection of business disciplines and industries  

Senior Manager - Renewable Energy

McGladrey-Consulting
20102015

 Provided corporate accounting consulting services to Brookfield Renewable Energy Group, an International Publicly Traded Energy Company which facilitated  growth from $900MM to $2B . Selected responsibilities and accomplishments:

Transition to IFRS from Canadian GAAP

Pro-forma and Carve out Statements for new public offering of North America Assets replacing previous public vehicle containing only Canadian Assets (filings on TSX and NYSE)

Redesign and implementation of Cognos Controller Consolidation System (350+ subsidiaries)

Acquisition Integration (23 Acquisitions)

Lead the transition of US Accounting Team from Marlboro, MA to North America Shared Service Center in Ottawa, ON

Redesign of Quarterly Close Processes

Implementation of Quarterly Parent Management Reporting via Hyperion Financial Management System (“HFM”)

Participated in the annual fair value revaluation of fixed assets under IFRS ($20B in Assets)

Hands-on management of quarterly and annual close

Interim VP Corporate Controller - Healthcare Software

Picis
20082009

 Redesign and implementation of monthly close process and finance department post material revenue recognition weakness discovery

Successful integration of Lynx Medical  finance group post acquisition

Managed successful revenue restatement and annual audit 

Interim CFO - Hospitality

Slesar Bros Brewing
20052008

Implemented revenue and cost enhancement reporting

Implemented Restaurant Management System for multi location restaurant management group

Interim CFO - Construction Services

Winters Group
20022004

Implemented revenue and cost enhancement reporting

Lead negotiator on two acquisitions doubling size of operations

Interim CFO -  Software

Rapid Insights
20012002

Capital raising, board presentations and reporting responsibilities with Venture Capital Community

Interim CFO - Healthcare Software Services

Silverplatter Information
19982001

Co-leader of major restructuring of finance and general operations resulting in $10MM dollar EBITDA improvement

Finance lead for orchestrating road show and sale of Company to multibillion international publishing company for 12x EBITDA

 Successful integration of Company post sale into acquirer subsidiary

VP Finance Treasurer - IT Training

Global Knowledge Network
19951998

 $250 million competency development and software training company with 30 international subsidiaries

Full management of internal/external reporting

Worldwide cash management and debt/equity financings

Annual audit and tax administration

Lead on all acquisition integrations

World Wide risk management and lease negotiation

Led completion of Oracle and Hyperion financial systems implementation in shared service centers in the Netherlands and US

Reengineered invoicing and collection process resulting in $10 million cash flow improvement

CFO - Medical Devices

Brunswick Biomedical
19921995

 $3 million development stage cardiac medical device manufacturer with operations in U.S. and Northern Ireland

Full P&L responsibility

Internal/external reporting

Worldwide cash management

Debt/equity financings

Annual audit and tax administration

 Raised $5 million in equity financing and negotiated acquisition of $2 million product line, enhancing profitability 15%

 Lead reverse merger into publicly traded medical device company

Corporate Controller and Treasurer - Biotech

TSI Corporation
19871991

$54 million Pre-clinical and clinical life sciences testing company

 Internal and SEC reporting

Co-Lead on IPO, Secondary Offering and Private Placements

 Annual Audit and tax administration

Merger and acquisition integrations

Served as Assistant General Manager for Arkansas Startup Lab

Division Controller - Software

Computer systems development
19871989

Managed monthly close process for US and Canadian Subsidiaries

Senior Auditor - Public Accounting

ERNst & Young / Alexander aronson & Finning
19841987

Planned and supervised annual audits primarily for high-tech and non-profit companies

Education

Bachelor of Arts in  Accounting

Assumption College
19801984

Certified Public Accountant - Massachusetts since 1988

Skills

Process Redesign & Change Management

Monthly and Quarterly Closing Cycles, Revenue and Cash Flow Enhancement

Acquisition Negotiation & Integration

Over 40+ successful acquisition integrations

ERP  Selection and Implementation

On time/on budget implementation of Hyperion, IFS, Compeat, Great Plains, EPICOR, Sage ,Peachtree, Deltek, Oracle, and Cognos in both standalone and complex consolidation environments(350+ company consolidation)

IFRS and US GAAP

Technical accounting expertise in both US GAAP and IFRS

Raising Capital

 IPO, Debt and Public Equity Placements