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Vice President Manager

Location:
2184
Posted:
October 24, 2010

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Resume:

THOMAS J. REID, CPA

** ******** ****** ****, *********, MA 02184

Cell: 781-***-****, *******@***.***

WORK EXPERIENCE:

Independent Consultant, Braintree, MA

Temporary CFO, 2008 to present

Projects include forecasting and budgeting, negotiating debt financing,

preparation of closing schedules and year end tax planning.

Onaro, Inc., Boston, MA (Acquired by NetApp for 11x capital raised)

Vice President of Finance & CFO, 2004 to 2008

Software for the storage area network (SAN) environment. Managed company

growth to positive cash flow and profitability while limiting the need for

additional equity financing. Revenue grew from $1M to $17M in three years.

VC investors were Cedar Fund and Newbury Ventures.

. Key participant in negotiating sale of business.

. Closed $2M in venture debt financing with Comerica.

. Negotiated customer, vendor and partner contracts.

. Developed and implemented Revenue Recognition and Booking policies.

. Managed corporate office relocation and negotiated 5 year lease with

break clause.

. Established international subsidiaries.

. Responsible for HR (evaluated, selected and managed all employee

benefit plans).

ProQuent Systems Corporation, Marlborough, MA (Acquired by Bytemobile)

Vice President of Finance & CFO, 2003 to 2004

Telecommunications software which provided carriers the ability to offer

enhanced mobile data services. VC investors were Nokia Ventures, St. Paul

Ventures, Argo Global Capital and YankeeTek Ventures.

. Raised $17M in venture capital financing.

. Negotiated customer, vendor and partner contracts.

. Managed legal, auditor and vendor relations and interfaced with Board

of Directors.

. Responsible for negotiating and implementing Company wide employee

benefit plans.

Lexra, Inc., Waltham, MA

Vice President of Finance & CFO, 2001 to 2003

Developed microprocessor IP for embedded applications in the home

infotainment, network access equipment and broadband infrastructure

markets. VC investor was Matrix Partners.

. Negotiated the sale of the IP business ($7.5M).

. Negotiated customer and vendor contracts.

. Managed legal, auditor and vendor relations and interfaced with Board

of Directors.

. Coordinated the budgeting process and improved the monthly closing

procedures.

GeoTel Communications, Lowell, MA (NASDAQ "GEOC") (Acquired by Cisco for

$2B)

Corporate Controller, 1996 to 2000

Manufacturer of software applications and services for the customer call

center market. Successful IPO in 1996. Revenue grew from $9M to $80M in

four years. VC investors were Matrix Partners, Sigma Partners, Fidelity

and Atlas Ventures.

. Key participant in investor relations program (i.e. setting

"Street"earnings expectations).

. Prepared all SEC financial filings.

. Established international subsidiaries.

. Managed banking relationship (negotiated equipment and debt line of

credits).

VMARK Software, Inc., Westboro, MA (NASDAQ "VMRK")

VP of Finance and Corporate Controller, 1992 to 1996

Database software applications and services. Joined CEO on successful IPO

Road Show in 1992. Managed revenue growth from $12M to $70M in four years.

. Evaluated, structured and closed acquisitions valued up to $25

million.

. Negotiated $10 million debt facility and factoring program.

. Prepared all SEC financial filings.

. Key participant in the investor relations program.

. Established international subsidiaries.

DELOITTE & TOUCHE, Boston, MA

Audit Manager, 1983 to 1992

. Experience with IPO filings, Merger & Acquisitions and business plan

reviews.

COLLEGE EDUCATION

STONEHILL COLLEGE, Bachelor of Science in Business Administration

Graduated Cum Laude



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