Director of Finance, Chief Financial Officer
ADVANCED CONTROL SYSTEMS, INC
Directed financial management functions, including development of monthly/quarterly revenue recognition, financial statements, financial forecasts, budgets. Oversaw general accounting functions, AR/AP, account reconciliation, cash management. Developed highly skilled accounting and financial management team to achieve established objectives. Interacted with chief executive officer and president concerning financial forecasts and reports.
Spearheaded implementation of technology related to new BAAN ERP system.
Strategically restructured financial reporting processes in accordance with organizational changes.
Negotiated/structured financing agreements, resulting in basis point reductions, easing/more favorable covenant restrictions and simplification of borrowing process.
Served in sale of 32 year old privately held company to Portuguese conglomerate in 2007. Oversaw due diligence review by four prospective purchasers.
Directed annual plan review process and strengthened accountability by partnering with senior level department managers. Assisted in financing for new U.S. manufacturing facility for foreign parent.
Instituted weekly cash forecasting and management.
Managed four professional and clerical employees.