Scott Feigenbaum, CPA, CGMA

* ***** **** ****, ****** Township, NJ

acsmok@r.postjobfree.com Phone: 609-***-****

Finance Executive

Professional Summary

Dynamic and outcome-oriented Finance Executive with pharmaceutical/healthcare expertise and 25+ years’ achievement in progressively responsible financial leadership roles with large multinational corporations. Experienced business partner who streamlines reporting processes and comprehensively aligns financial operations with strategic organizational goals. Demonstrated track record of success coordinating and directing complex SAP/Cognos implementations, carrying out all aspects of cost accounting, and analyzing budgets to improve forecasting and support enduring revenue growth.

Areas of Expertise:

Team Leadership – Strategic Planning – Budgeting & Forecasting – Cash Management – Business Analysis – Project Management Financial Analysis – Auditing – Tax Preparation – Cost Accounting – Training & Staff Development – Reporting – Investor Relations - P&L – General Ledger – Executive Presentations – SAP/Cognos Implementations – Business Expansion – Process Improvement – ROI

Professional Experience

Kidde Fire Trainers – Montvale, NJ 2014 to Present

Design/manufacture/installation and training of Fire simulators for firefighter training on Bulidings, Ships, Airplanes and submarines for commercial, government and private use worldwide.

Chief Financial Officer/Corporate Controller

Hired to rebuild finance organization for the $45 million worldwide company. Working closely with the CEO and Private Equity CFO to determine best practice in running this three location (NJ, Germany, UK) manufacturing company.

Rebuilt finance organization for offices in the U.S. and Germany.

Calculate Revenue on a monthly basis using Percentage of Completion method.

Successfully implemented ERP system in multi-site locations to improve efficiency of financial reporting and integrity of financial information

Instituted first budgeting/forecasting process since sale to Private Equity firm

Developed financial policies and procedures for company worldwide.

Presented and discussed company financials/budgets/forecasts to Board of Directors for evaluation

Train and mentor newly hired staff on company best practices and developing worldwide working procedures

Decreased days payable outstanding from sixty five days to thirty five days, rebuilding trust with long time vendors

Reduced days receivable outstanding from fifty five days to thirty five days for domestic customers

Established five day financial closing process and management package to executive staff with in one week of financial closing

Maquet Cardiovascular – Wayne, NJ 2010 to 2014

Multinational German company providing equipment for surgical workplaces, anesthesia systems, cardiovascular and other medical devices.

Corporate Controller

Recruited to build and manage shared service finance team for $500M revenue medical device manufacturer and sales/service unit. Work closely with department managers to carry out in-depth budgeting and forecasting. Create policies and procedures governing travel, entertainment, and signature authority/delegation of authority. Ensure proper documentation to support COSO audits, guiding teams through internal and external process audits on an ongoing basis. Collaborate cross-functionally with IT group to improve financial reporting for internal managers. Utilize COGNOS software for monthly financial reporting; hone expert knowledge of IFRS standards/reporting; and proficiently coordinate 3rd-party logistics negotiations worldwide.

Provided hands-on leadership, guidance and support for 6 direct and 20 indirect reports across all areas of daily operations; engineered key process improvements across the board.

Responsible for all product costing for two business areas and over 100 products

Instrumental in Transfer Pricing process for products produced in U.S. and sold to 40 Sales & Service units around the world and assisted on the U.S. Sales and Service negotiations on transfer pricing coming into the U.S.

Coordinated and led 4 SAP implementations, overseeing FI/CO module and serving as project director.

Carried out all treasury functions and held full-scope P&L responsibility for 2 companies and 4 discrete business units.

Effectively managed reconciliation for over 40 intercompany accounts distributed globally.

Streamlined financial management processes, expediting financial close from 6 days to 3.

Significantly curtailed wasteful spending, reducing costs by ~$500K annually.

Spearheaded successful IFRS financial/COSO audits in 2009 - 2013.

Financial Budgeting/Forecasting.

Imclone Systems, Inc. – Branchburg, NJ 2009 to 2010

Biopharmaceutical company dedicated to developing biologic medicines in the area of oncology; acquired by Eli Lilly for $6.5B in October 2008.

Financial Consultant

Oversaw all general ledger activities, efficiently managing revenues, expenses, AR/AP and fixed assets. Ran monthly closing and reporting processes; comprehensively documented SOX testing procedures; and conducted interviews with current employees to accurately assess existing financial processes across the board.

Leveraged SAP expertise to provide strategic recommendations and enhance implementation of updated SAP system.

AccuMed, Inc./QPharma LLC – Lawrenceville, NJ 2007 to 2008

Leading OTC/prescription manufacturing firm with $55M in annual revenue.

CFO/Corporate Controller

Captained financial operations across all areas of operations, overseeing strategic planning, budgeting/forecasting, cash management, P&L/balance sheet reconciliation, and capital expenditure administration. Significantly improved vendor management practices and continuously worked to bolster bank/investor relations Setup first forecasting/budgeting system.

Key achievements as CFO/Corporate Controller with AccuMed, Inc./QPharma LLC:

Interviewed audit firms to determine best match for the company, subsequently negotiating contract and leading year-end inventory review. Completed first GAAP audit in the company’s history.

Key decision maker in effort to refinance outstanding bank debt, which enabled the company to secure additional capital for growth and alleviate interest/expense burdens.

Instituted the company’s first-ever financial budgeting process by department, successfully identifying variances against overarching bottom-line goals.

Led recruitment of key hires to support challenging SAP implementation.

Carried out in-depth ROI analysis in advance of all proposed capital projects.

Developed financial policies and procedures to strengthen internal controls for company.

MedImmune Vaccines, Inc. – Philadelphia, PA 2004 to 2007

Maryland-based biotechnology development enterprise with $200M annual revenue; acquired by AstraZeneca for over $15B in 2007.

Director, Plant Controller

Hired to control financial operations across manufacturing and warehousing sites in Pennsylvania as well as the U.K. Scope of management responsibility included month-end closing activities, cycle counting of inventories, calculation/analysis of production and capitalized variances, and inventory reconciliation. Expertly managed financial ERP system (SAP), prepared extensive standard-cost calculations, and oversaw consolidation of U.S. and U.K. inventories. Trained U.K.-based accounting staff on diverse U.S. GAAP and cost-related issues.

Recognized as go-to person for diverse financial issues as well as QA/QC, supply chain, and IT concerns at the company’s Pennsylvania site.

Maintained and managed all Sarbanes-Oxley issues at the Pennsylvania site.

Oversaw budgeting and forecasting across both U.K. and U.S. sites.

Delivered quarterly forecast updates and yearly budgeting reports to the CEO, CFO and senior leadership.

Instrumental in SEC filings for 10Q and 10K.

Created Excel-based spreadsheet for analyzing ROI on capital projects over $100K that was subsequently adopted companywide.

VPI Systems Corporation – Holmdel, NJ 2001 to 2004

Providing network analytics software that enhances capacity planning and enable a consolidated view of network profitability and business operations.

Corporate Controller

Rolled-out key financial controls and performed treasury functions for an enterprise-class communications and network tools manufacturer. Managed worldwide company audits, consolidated financial reporting, and captained monthly and year-end closing processes. Negotiated licensee and service agreements while administering sales compensation and bonus programs. Vigilantly monitored internal controls and ensured full-scope compliance with GAAP.

Negotiated leases in depressed markets, effectively recapturing 50%–75% of costs.

Established U.S. financial department, improving controls and generating $100K+ in annual cost-savings.

Successfully completed 3-years’ outstanding financial audits in a single year.

Instituted worldwide reporting system that dramatically increased reporting accuracy and improved executive decision-making.

Worked directly with the company’s Board of Directors to evaluate and evolve business strategies on an ongoing basis.

Previous Professional Experience

Site Controller 1997-2001 Rhein Chemie Corporation

Senior Financial Analyst 1991-1997 Rhone-Poulenc, Incorporated (Rhodia)

Staff Accountant 1989-1991 Herman’s World of Sporting Goods

Financial Analyst – Astro-Space Division 1986-1989 General Electric (GE)

Education & Certification

Rowan University – Glassboro, NJ

Bachelor of Science, Accounting

Certified Public Accountant (CPA), Certified Global Management Accountant (CGMA) – State of New Jersey Top Secret Security Clearance (Inactive)

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