An action-oriented chief financial officer with 20 years' experience in leading accounting, financial, IT and human resources functions for entertainment, technology, distribution and service industries. Oversaw the transition of the animation producer of The Simpsons from a small, privately held company into a public company.
Expertise includes outstanding skills in strategic and business planning, capital management, banking, investor relations, and process and organizational improvement. Enjoys working in fast-paced environments and putting together winning management teams.
Raymond Corporation, Raymond Handling Solutions, Inc., Santa Fe Springs, California 2004-2007
Chief Financial Officer, Treasurer
Managed Accounting, Human Resources and IT for an $88 million material handling dealer with 240 employees. The dealer was wholly owned by a manufacturer located in Greene, New York.
- Managed all financial operations without adding staff while the company grew from $45 million to $88 million in sales.
- Reduced the monthly close from ten to three days and days sales outstanding (DSO) from 78 to 35 days.
- Improved cash flow and repaid $3.5 million in debt.
- Assisted in integrating new senior management into the company for each of its six operating departments during a period of high turnover.
- Improved the warranty tracking process and eliminated $300,000 worth of losses.
- Cleaned up the balance sheet with reconciliations that went back for more than two years.
- Generated timely, reliable financial statements conforming to industry standards and formatting which were not previously available.
- Gathered and interpreted data to develop metrics that linked finance, operations and customer needs critical to profit improvement.
- Quantified the impact of changes in revenue, gross profit and expense for six operating departments to develop initiatives that improved profitability.
- Initiated a bench marking program that pointed out areas for improvement.
- Improved the business IT system so that information was reliable and easily accessible.
- Identified areas where the company was not following the appropriate guidelines from its parent company and changed processes, resulting in improved profitability.
- Restructured and redefined the organization and mission of the Human Resources Department. This resulted in a functional and complete HR organization.
- Developed a formal process to train and mentor employees.
Internet Pro Video, Inc., Woodland Hills, California & Cambridge, England 2000-2003
Chief Financial Officer, Member of the Board
Provided financial and accounting services for a technology startup during its development of new video editing software.
- Managed and supervised all financial and administrative staff and activities in the U.S. and the U.K.
- Developed budgeting, forecasting, cost accounting and period reporting requirements that prepared the company for an initial public offering.
- Worked with the CEO to develop a fully funded business plan.
- Evaluated the strategic position of the company and recommended financing alternatives to the Board of Directors and investors.
- As part of the senior executive team, helped to develop and implement the strategic plan and product strategy.
Film Roman, Inc., North Hollywood, California 1991-2000
Chief Financial Officer (1995-2000)
Accounting Manager (1991-1992)
Created and managed financial and administrative functions for the leading producer of prime time animation including The Simpsons and King of the Hill with sales of $60 million.
- Led a $33 million initial public offering, including the preparation and filing of the Form S-1.
- Developed the operational, accounting, personnel and administrative systems, permitting the company to transition from a private to a public company.
- Raised $12 million in private equity and oversaw revenue growth of $5 million to $60 million in nine years.
- Formulated and recommended policies in financial, administrative and operational areas.
- Evaluated and recommended strategic alliances and projects, including joint ventures, licensing, merchandising, international and domestic distribution, and new media projects.
- Oversaw cost accounting and production of 100 episodes per season of Mighty Max, Bruno the Kid, C-Bear and Jamal, The Simpsons, Garfield and Friends, Felix the Cat and King of the Hill.
- Participated in preparing each board meeting's agenda and attended all meetings.
- Prepared and reviewed investor participation statements and ultimate revenue projections.
Artisan Entertainment, Inc. (Formerly Live Home Video), Van Nuys, California 1988-1991
Implemented a new company-wide accounting system and chart of accounts for a privately held distributor of motion pictures with a 6,700 film library, including Terminator II, Total Recall, Teenage Mutant Ninja Turtles and other popular films.
- Assisted with the design of the financial reporting package and worked with the Cost Accounting Manager to test and implement the cost accounting system.
Financial Analyst for GTE and Internal Auditor and General Ledger Supervisor for Volt Information Sciences. At KPMG, served as a Tax Analyst while becoming a Certified Public Accountant.
University of Southern California, Los Angeles, California
Bachelor of Science, Accounting
Recipient of the Price Waterhouse Award in Accounting
Other courses: Completed graduate level classes in tax, finance and accounting at the University of California, Los Angeles and the University of Southern California.