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Manager Management

Location:
1746
Posted:
October 18, 2010

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Resume:

GREGORY W. MAGOON, CPA

* ***** ****** **** *********, MA 01746

Home: 774-***-**** Mobile: 508-***-**** Email: *************@*****.***

SUMMARY:

CFO with extensive public and private company experience seeks a

challenging executive management position with a dynamic, growth oriented,

multi-national technology organization.

CAREER PROFILE:

A results-driven, hands-on professional with broad-based competencies in

all aspects of business.

Strong proficiencies in leadership, change-management and financial skills

with extensive experience in:

Strategic Decision Making Investor Relations

Operational Management Financial Planning and

International Operations Analysis

Finance and Accounting Internal Controls

Mergers and Acquisitions Cash Management and

Divestitures Optimization

Turnaround Situations System Implementations

SEC Reporting

Presentations and Business

Writing

PROFESSIONAL EXPERIENCE:

Rand Worldwide, Inc. 2008 -

2010

Rand Worldwide, Inc., a private equity-backed business with more than $50

million of revenue, is a leading provider of design optimization solutions

to various manufacturing and engineering industries in five countries.

Rand specializes in providing services (such as technical support, training

and consulting) to its customers and is the largest North American value-

added reseller of Autodesk, Inc. Rand recently merged with its largest

competitor, Avatech Solutions, Inc. (OTC BB: AVSO).

Executive Vice President and CFO

Hired to affect a turnaround of this 25-year old, Toronto-based

business and to migrate its corporate functions to Massachusetts.

Responsible for all aspects of finance, accounting, tax, treasury,

order management and financial planning and analysis (FP&A). Provided

financial and operational leadership in determining and executing

Rand's business strategies.

. Migrated all critical corporate functions from Toronto to

Massachusetts in a six-month period without disrupting Rand's on-

going business.

. Rebuilt entire F&A team, reducing administrative costs while

improving the quality of services delivered to the organization

as well as enhancing the transparency and integrity of financial

reporting.

. Established new data-driven corporate culture that emphasizes

accountability and collaboration.

. Participated in the rationalization of Rand's software platforms

reducing and optimizing ten systems to three, resulting in

reduced costs and increased efficiencies across the

organization.

. Implemented an FP&A function, vastly improving Rand's decision

making capacity.

. Lead or participated in the restructuring of significant

portions of Rand's businesses, including a 25% headcount

reduction, repositioning Rand to return to profitability.

. Divested or closed four under-performing businesses, improving

profitability and netting over $4 million of proceeds.

. Negotiated and closed $12.5 million of senior secured financing

in the form of a three-year revolving credit facility with a

domestic bank.

. Enhanced liquidity through a fifteen day reduction in DSO's, an

80% reduction in inventory balances and aggressive management of

cash flows.

. Implemented various internal control procedures improving the

professionalism of Rand's day-to-day operations and establishing

a foundation for compliance with Sarbanes-Oxley.

. Reduced quarter end financial close by more than 15 days through

increased automation and streamlined processes.

. Established protocols and tools for business development

activities (including M&A), including financial modeling and due

diligence methodologies.

. Participated in all aspects of the merger of Rand with Avatech,

including: the negotiation of deal terms; the planning and

execution of due diligence; and the planning and execution of

post-transaction integration.

Moldflow Corporation 2001 -

2008

Moldflow Corporation, a former public company with revenue of $65 million

and operations in sixteen countries, was the leading global provider of

software and material characterization solutions that optimize injection

molded plastic products in all phases of the product design to manufacture

process. Moldflow was acquired by Autodesk Inc. in June 2008 for almost

$300 million.

Executive Vice President and CFO

2007 - 2008

A key member of executive senior management, providing financial,

operational and strategic leadership across all functional

departments.

. Lead or participated in all aspects of the sale of Moldflow to

Autodesk, including: the negotiation of deal terms; the planning

and execution of due diligence; the completion of all regulatory

filings (SEC and anti-trust); and the planning and execution of

post-transaction integration.

. Lead or participated in all elements of Moldflow's preliminary

sales process, including: strategic planning sessions, due

diligence efforts, interactions with investment bankers and road

shows for potential buyers.

. Responsible for shareholder communications, including quarterly

earnings calls and presentations at various investor

conferences.

. Served as a primary contact for the company's Board of Directors

and its various subcommittees (i.e. audit committee, transaction

committee and compensation committee)

. Re-engineered various key processes through automation and

centralization, including serving as an executive sponsor for

the implementation of an ERP (Axapta) and a CRM

(Salesforce.com).

. Lead the company through various challenging technical and

organizational matters, including an SEC comment letter process,

fraud investigation, expansion into emerging markets and

settlement of a significant tax audit in a foreign jurisdiction.

. Lead or participated in all aspects of the company's sale of its

Manufacturing Solutions business unit to Husky Injection

Moulding Systems.

. Initiated a million share stock buy-back program.

. Re-organized finance department to improve services delivered to

internal customers.

. Promoted to CFO in Spring of 2007

Corporate Controller

2001 - 2007

Managed all aspects of an international finance department of more

than 40 people in 10 countries.

. Responsible for ensuring the quality and accuracy of reported

revenue and earnings.

. Responsible for all aspects of the company's SEC reporting

process, including the preparation of 10Q's and 10K's and its

annual report.

. Prepared and reviewed monthly consolidations of more than 20

subsidiaries.

. Responsible for analysis of financial results and communication

to executive team, business unit leaders and board of directors.

. Managed all aspects of the annual audit process involving up to

eight international subsidiaries.

. Prepared investor presentations, executive scripts and financial

press releases.

. Developed, implemented and enforced company policies and

procedures.

. Managed all aspects of the company's first-year Sarbanes-Oxley

compliance project, including the development of a formal

control environment; the documentation and testing of more than

500 key controls in more than 35 business cycles; and the

preparation and communication of management's ultimate

assessment of the environment to the audit committee.

. Developed and implemented annual operational plans with business

unit leaders.

. Prepared and monitored all company-wide budgets and forecasts

and progress towards operational objectives.

. Conducted due diligence and valuations on acquisition targets.

. Integrated the operations of three acquired companies.

. Collaborated regularly with an international sales force on

matters regarding pricing, revenue recognition, credit terms and

contractual obligations to maximize potential earnings.

. Managed restructuring plan of a struggling business unit of the

company.

PriceWaterhouseCoopers, LLP 1993 - 2001

PricewaterhouseCoopers is one of the world's largest business advisory and

consulting organizations with worldwide revenues in excess of $15 billion

and more than 150,000 professionals.

Audit Services Manager - Boston, Massachusetts

1999 - 2001

High Technology Group

Managed all aspects of client relations including: assessment of

clients needs and expectations, development and execution of

engagement strategies, administration of technical advice, deliverance

of high quality timely services, and assurance of overall client

satisfaction.

. Acquired expertise on various complex technical issues facing

companies of diverse developmental stages, including items related

to SEC filing requirements.

. Served as the lead manager on several successful acquisition and

initial public offering engagements.

Transaction Services Assistant Manager - Sydney, Australia

1998 - 1999

Capital Markets Group

Assisted with a major reorganization of one of Australia's largest

companies, involving the migration of its operational headquarters to

the United States under a new corporate vehicle, and the preparation

of its financial records for an initial public offering on the NYSE.

. Assisted with the management of this $6 million engagement,

supervising numerous staff members and interacting directly with

the highest levels of the client's management.

. Worked effectively in an atmosphere of extreme confidentiality and

discretion necessitated by the political ramifications of the

reorganization.

Audit Services Assistant Manager - Sydney, Australia

1997 - 1998

Consumer and Industrial Products Group

Selected from numerous candidates to participate in

PricewaterhouseCoopers' international secondment program based on a

strong performance record and a dedicated ambition to enhance

professional growth. Managed multi-cultural engagement teams on

various audits and due diligence projects across several industry

groups including technology, manufacturing and hospitality services.

Audit Services Senior Associate - Boston, Massachusetts

1993 - 1997

High Technology Group

Provided high-quality business assurance and consulting services to

clients of various sizes operating in the internet, software, and

computer hardware industries.

PROFESSIONAL AFFILIATIONS:

American Institute of Certified Public Accountants

Massachusetts Society of Certified Public Accountants

EDUCATION:

Babson College, Wellesley, Massachusetts

- Bachelor of Science, Accounting (1993), cum laude

- Bachelor of Science, Economics (1993), cum laude

REFERENCES:

Available upon request



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