Manager Sales

JOHN M. SCHMID, CPA, MBA, MAcc

***** ******** ***

Cellular +1-303-***-****

Thornton, CO 80241 Email:

abidfp@r.postjobfree.com

CPA - Colorado License #27076 - Active Status

Core Competencies

. International Business

. Inventory Management

. SOX 404 (Swiss ICS) Implementation & Compliance

. Cash Flow Management

. Continual Process Improvements

. Financial Planning & Analysis

. Strategic Planning

. Negotiation / Dispute Resolution (Contracts, Audit, IRS)

Professional Experience

Quark, Inc. Denver, Colorado

3/2009 - Present

Manager of Financial Reporting and International Accounting (Interim

Controller 2 Months)

. Responsible for all month end, quarter end, and year end closes being

done on time and accurately.

. Responsible for external audit(s) (both US and International) along

with statutory and tax filings for multiple countries: UK, Japan,

Germany, France, Switzerland, Spain, India, and Italy.

. Managed and successfully negotiated a resolution with local Swiss

authorities a 2005, 2006, 2007, and 2008 tax audit.

. Streamlined many processes and procedures to get the monthly close

down from 27 business days each month to 8 business days. Includes

all international payroll and commissions reporting, fixed assets,

prepaid, revenue, accounts payable, etc.

. Responsible for external audit for 2008 and 2009 books. Worked

closely with audit manager and partner on several complex transactions

and the related reporting and disclosures required under GAAP.

. Provide monthly and quarterly budget to actual variance explanations

to Senior Management. Research and provide explanations in "Plain

English" so any special GAAP treatment is easy to understand.

. Mentor staff (direct and indirect reports) both local and

international.

Consultant Thornton, Colorado

10/2008 - 2/2009

Principle Consultant

. Provided various accounting and consulting services for multiple

clients (most under $8M per year in billings).

. Setup and implemented general ledger chart of accounts in various

accounting systems (QuickBooks / Quicken).

. Perform various internal audit and control testing to confirm

compliance with GAAP.

. Design comprehensive reporting package that included benchmarking key

metrics (gross margins, bundled product pricing, and key cost

metrics).

. Calculated and presented key industry financial statement ratios

(liquidity and profitability) to Standard Industrial Classification

manual (SIC) industry averages in order to highlight the organizations

financial strengths and weaknesses when compared against competitors.

Brocade Communications (formerly McDATA) Broomfield, Colorado

9/2002 - 9/2008

Manager of Cost Reporting (promoted from Sr. Revenue Accountant)

. Responsible for all month end, quarter end, and year end close

deadlines. Included SOX 404 as well as working with auditor on 10Q /

10K reporting requirements and any new complex transactions that may

have occurred.

. Directly supervise staff members at various locations on the day-to-

day financial operations to assure that all transactions are properly

recorded per GAAP within an in-house and out-sourced global

manufacturing environment.

. Responsible for the PPV/MPV. Updated quarterly bill-of-material costs

accurately and on time. This included working with the purchasing

department staff, managers, and directors on any discrepancies and

settlement negotiations.

. In charge of tracking and managing international inventory with a

value of $500M+ per year. Includes weekly cycle counts, quarterly

controls testing, and year end physical inventory counts (including

auditor observations and testing). Developed key tracking report and

worked with out-sourced contracted manufactures to ensure accurate and

timely reporting.

. Developed and implemented ERP system changes for processing

transactions, SQL reporting, and improved the accuracy and timely

dissemination of various executive reports.

. Worked closely with R&D engineers on the launch of new products. This

includes system set-up (BOMs, part numbers, etc.) as well as providing

cost analysis for supply pricing negotiations as well as marketing for

expected gross margins levels based on forecasted volumes.

. Responsible for FASB Technical Bulletin No. 90-1 - Accounting for

Separately Extended Warranty and Product Maintenance Contracts.

Professional Experience - Continued

. SOP97-2 Software Revenue Recognition, established VSOE on software

product lines and matching of revenue and costs for GAAP and service

division product gross margin reporting.

. Developed and implemented an Executive Dash Board (updated daily) to

track all sales shipments by product line and region on a monthly /

quarterly / yearly basis.

Quovadx, Inc. Englewood, Colorado

8/2000 - 5/2002

Revenue Accountant

. Month, quarter, and year end on time close (journal entries, billings,

etc.). Maintaining detailed documentation and working with auditors

on a quarterly / yearly basis for 10Q / 10K revenue recognition

reporting and disclosure.

. In charge of all aspects of managing staff for billings, collections,

and revenue recognition under SOP97-2 Software Revenue Recognition,

SOP98-9 Residual Method, and SAB 104 Revenue Recognition on both Time-

and-Material and Fixed Fee contracts.

. Created a revenue and gross profit margin report that then allowed

working with sales, marketing, and operational vice-presidents to

manage profit levels across multiple product lines. Resulted in a six

to twelve percent gross margin increase versus past performance.

Lockheed Martin Denver, Colorado

1/2000 - 8/2000

Project Financial Controller

. Responsible for tracking and maintaining compliance (gov't Defense

Acquisitions Regulations) on 28 different engineering contracts for

the Transportation Department (Colorado, New York, New Jersey).

. Cleaned up the financial reports and collected over $8M is past due

receivables.

. Awarded "Excellence in Support" for customer relations with key

clients.

PacifiCare Health Systems, Inc. Englewood, Colorado

6/1996 - 12/1999

Financial Analyst

. Responsible for all financial reporting and payment calculations (HMO,

PPO, and Fee For Service) contracts.

. Awarded "Value in Practice" for accountability, integrity, teamwork,

and continuous improvement.

U.S. Department of Labor Statistics St. Louis, Missouri

7/1994 - 5/1996

Economist

. Data collection and reporting for the Producer Price Index (PPI)

Software

. Oracle (11R & 12R)

. JD Edwards

. QuickBooks

. Quicken

. Discover (10G)

. COGNOS

. Excel (Advanced - including Pivot tables, Vlookup, Macros, etc.)

. MS PowerPoint

. MS Word

. MS Access

. MS Visio

Education

Master or Accountancy: Emphasis in Information Technology

Graduated 12/2002

University of Denver Daniels College of business, Denver, Colorado

Master of Business Administration: Finance and Accounting

Graduated 05/1999

Regis University, Denver, Colorado

Bachelor of Arts : Economics

Graduated 05/1994

University of Northern Colorado, Greeley, Colorado

Licenses / Memberships / Volunteer Activities

. Certified Public Accountant - Colorado License # 27076 - Active Status

. Member American institute of Certified Public Accountants

. Member Colorado Society of Certified Public Accountants

. AICPA Committee member. Project with the AICPA and IASB Discussion

Paper: Preliminary Views on Revenue Recognition in Contracts with

Customers. Purpose is the merger of US and International (IFRS) GAAP

standards.

Contact this candidate