** ******** ***** ****** ****** 603-***-****
Nashua, NH 03063 M.B.A. *******@*******.***
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WILDON ASSOCIATES - Financial project management and interim solutions.
1999 - Present
Principal www.Wildon-Associates.com
Business Model: Wildon provided over 20 clients, emerging startups
through multinational public firms. Initially focused solutions on the
unique needs of venture capital backed, emerging technology businesses.
Brought broad financial skills and experienced management to newly formed
ventures. Services provided to mature firms include Sarbanes Oxley
compliance, upgrade financial reporting systems, public financing and
execution of growth strategy though expansion of international
operations.
Client Sampling: Somero Enterprises, Inc, Thermo Fisher Scientific,
Sappi Fine Paper, Beacon Roofing, Navisite, Antigenics,
Fresenius Medical Care, Central Vermont Public Service, Digimarc
Corp, OneBeacon Insurance
Engagement Highlights:
Accounting & Controls:
. Sarbanes-Oxley 404 compliance. Internal controls documentation,
audit and testing.
. Software revenue recognition - executed initial policies and
procedure compliance SOP 97-2.
. Interim controller - transactions, reporting, compliance, monthly
closes
Corporate Finance
. Project leader - $50m IPO on London AIM market
. Raised $4m follow on round of private equity.
. Establish subsidiaries in Dubai, Shanghai, Germany, Spain
Financial Planning - Analysis & Operations:
. Partnered with CEO to craft restructure and turn around strategies
to defer sale of company.
. Developed growth plan to avoid selling equity or acquiring
additional debt.
. Supported due diligence team related to accounting, systems and
control processes during sale of two companies.
. Partnered with founders, develop business plans to assist emerging
companies obtain investment capital.
Treasury:
. Reduced DSO by 15% by initiating credit card collection system and
bank link interface.
. Working Capital Management. Hedged foreign exchange. Initiated
international on-line banking
IT Systems:
. Cut 3 days from close, error handling 75%. Developed interface
between billing and ledger systems.
. Built database and reporting tool to track $1.8 billion corporate
divestiture.
. Developed sophisticated models. Design and programmed forecasting
models integrating balance sheet, cash flows, income statements by
product line. Database track and reporting stock and option
grants.
GREAT NORTH PROPERTY MANAGEMENT
N.H. largest homeowner management company - $250m real estate
portfolio trustee
Corporate Controller & IT Manager 1997 - 1998
. Delivered full accounting functions for 90 individual clients.
. Reduced employee turnover from 100% to 14%.
. Increased Productivity - 12% more clients and 22% increased unit
volume no increased headcount.
. Staff of 8 accountants, auditors, part time human resource
function.
DIGITAL EQUIPMENT CORPORATION 1984 - 1996
Financial Applications and System Designer - Corporate
Consolidations
* Hyperion Enterprise, MS Access, Excel, and Visual Basic tools to
create customize reporting.
* Design relational databases with custom controls, menus,
interactive forms, in client/server network.
* Designed networked fiscal and managerial reporting systems.
Result, business unit and world wide country detail available
interactive and real time.
Treasury Manager - International - Currency hedge, subsidiary
financing
Foreign Exchange & Hedging
. Managed currency exposure portfolio with financial
derivatives. Hedge strategies for blocked currencies.
* Cash Investments - Review and approve short-term local
currency investments.
* Manage currency exposure portfolio $200m - 1000m with hedge
contracts in Pacific rim.
* Establish strategies to accelerate cash remittance in
restricted and blocked currencies.
Multi-National Corporate Financing
* Subsidiary finance plans - Manage 17-country, $2 billion
subsidiary planning in Canada, Latin America, Asia and South
Pacific.
* Acquisitions - Financial support and analysis of target
acquisition firm. Determine anticipated cash flows,
scenario testing of alternative financing packages against
returns on investment, calculate impact of target firm upon
financial statements.
* Subsidiary investments - Arrange and coordinate parent
company capital investments, dividends external bridge loans
up to $30m.
* Creative finance solutions. - Annual pre tax savings of
$200k per year by arranging Mexican back-to-back loan to buy
out landlord of local manufacturing facility.
International Tax Strategy
. Saved $70k Mexican withholding taxes by taking advantage of
re-registering inter-company loans.
* Arranged global inter-company loans. Move offshore funds to
USA while legally avoiding taxes for sub part F income. One
transaction in Japan alone saved the company $62k.
Cash Management
. Implement electronic bank account monitoring program in
Mexico. Concentration account eliminated multiple service
fee and balance holdings during period of 156% inflation.
. Establish allocation risk limits for $20m of short-term
deposits in international banks. Authorized local currency
short-term investments at qualified investment institutions.
. Set up and monitor international inter-company loans,
installment payments, subsidiary equity infusions, and
dividend distributions for 4 years. Transactions ranged
from $100k to $20m
PC Systems - Senior Financial Analyst - PC product development &
engineering
. $20m development program to create first open standard,
network PC into VAX and internet architectures.
. Financial planning and analysis, budgets, internal controls,
pro-forma forecasts.
DATACON, INC. - $15m manufacturer of wire wrapping and circuit
boards 1981 - 1984
Manager of Budgets and Planning / Accounting Supervisor
RAYTHEON CORPORATION - Government Defense Contractor 1978 - 1981
Cost Proposal Analyst
EDUCATION M.B.A. Babson College 1988, B.A. Boston College 1977
CPA candidate
PROFESSIONAL AFFILIATIONS
The Financial Executives Networking Group - Founder & 11 year Chair
Boston Chapter (www.TheFENG.org)