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Human Resources Manager

Location:
Fullerton, CA, 92835
Posted:
July 29, 2010

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Resume:

Frank J. Sansone, cpa

**** ********* ***** ( Fullerton, California 92835

Cell: 714-***-**** ( ***************@*****.***

FINANCE

Chief Financial Officer and Board Member

Hands-on executive with exemplary financial management and business

development experience and success within international, growth-oriented

public and private companies. Expertise across full range of finance and

accounting functions, including financial planning and analysis,

administration, controls and procedures, mergers and acquisitions,

budgeting, forecasting, auditing, and SOX compliance. Big-picture

strategist with keen ability to meet needs of diverse software verticals

and partner finance with operations and business development objectives.

Superb leadership capabilities; adept at developing high performance teams.

Financial Analysis ( Strategic Planning ( Accounting and Financial

Operations ( Budget Forecasting ( Audits Business Forecasting ( P&L (

Internal Controls ( Cost Control ( Business Plans ( IPO's ( Negotiations

Mergers and Acquisitions ( Operational Streamlining ( Policy Development (

SEC Reporting ( Banking Relations

Process Reengineering ( Staff Management ( Investor and Analyst Relations

(Sarbanes-Oxley Compliance

PROFESSIONAL EXPERIENCE

PPREMIER POWER RENEWABLE ENERGY, El Dorado Hills, California ( 2009 -

Current

North American and European solar power company providing high performance

solar power systems with consistently high quality for our commercial,

agricultural, industrial, government, utility and residential customers..

(OTCBB: PPRW.OB)

Chief Financial Officer

Directed all finance and accounting functions, including budgeting,

forecasting, financial planning and analysis, financial systems, audit

coordination, tax planning and compliance, cash controls and preservation,

investor relations, and human resources. Managed entire budget of Company.

Maintained company's compliance with all regulatory obligations through

proficient oversight of internal and external audits, while directing

number of key initiatives toward success.

. Completed S1 registration of Private Equity Holdings within one month of

arrival after company struggled to file for seven months.

. Integrated newly acquired Italian subsidiary.

. Implemented Investor Relations strategy.

. On file with Registered Direct Offering (RDO) to raise $10 million.

. Managing Sales team as Company completes VP of Sales search (5 Months).

. Obtained and completed complex project finance facilities to complete

multimillion dollar projects.

. Implemented Sarbanes Oxley.

LIVEOFFICE LLC, Torrance, California ( 2008-2009

Leading provider of software-as-a-service email archiving and Hosted

Exchange 2007 solutions; annual revenues of $25 million and 100+ employees.

Chief Financial Officer and Board of Director

Directed all finance and accounting functions, including budgeting,

forecasting, financial planning and analysis, financial systems, audit

coordination, tax planning and compliance, cash controls and preservation,

investor relations, and human resources. Managed entire budget of Company.

Led and developed Controller and HR Manager. Developed and implemented

financial management policies and procedures. Maintained company's

compliance with all regulatory obligations through proficient oversight of

internal and external audits, while directing number of key initiatives

toward success.

Led development, analysis, and interpretation of statistical and accounting

information to present operating results in terms of profitability,

performance against budget, and key matters bearing on fiscal soundness and

operating effectiveness of organization. Partnered with CEO and Board of

Director in development and implementation of new business strategy.

. Improved billing efficiencies and accuracy by implementing new ERP and

billing system to replace internally developed legacy system within 5

months of hire.

. Completed Series B financing for company struggling with demise of

Financial Services vertical, representing $1 million in revenue.

. Completed restructuring of debt facility and new $5 million debt

facility, in tight borrowing market, for Company impacted by demise of

Financial Services vertical.

. Led cost restructuring implementation and 15% Reduction in Force.

. Built new finance team and reporting structure to meet requirements of

private equity investors.

GUIDANCE SOFTWARE, INC., Pasadena, California ( 2002-2008

Recognized worldwide as the industry leader in digital investigative

solutions; $90 million in annual revenue and 400+ Employees (NASDAQ: GUID).

Chief Financial Officer

Led all finance and accounting activities; provided financial corporate

leadership, SEC reporting and compliance, accounting processes and

procedures, budgeting and forecasting, and tax planning and compliance,

audit coordination, and investor relations. Managed budgets for all

departments in Company; held accountability for Finance Department budget

of $5 million. Managed and developed 4 direct reports, including VP of

Finance, Controller, Director of Investor Relations, and Director of

Revenue Recognition. Ensured integrity of all financial information and

systems.

Drove strategic financial planning and management of results and

operations. Assisted, advised, and oversaw all financial arrangements

entered into including licensing arrangements, joint ventures, and

strategic alliances.

Performed financial assessment of acquisition targets and reviewed

diligence packages. Served as lead financial voice to institutional

investors and analysts; delivered quarterly earnings reports and public

presentations.

Provided critical financial perspective on business decisions to CEO and

Board of Directors and actively participated in strategic planning to drive

company growth and profitability. Delivered financial reports to Board of

Directors; informed Board of key financial activities and issues.

. Played key contributing role in organic company growth from $10 million

in 2002 to $90 million in 2008 and achievement of 7 consecutive quarters

of record company revenue by building financial infrastructure.

. Increased gross margins from 62% to 72% in 5 years.

. Completed registration statements and SEC filings for $60 million public

equity IPO (Form S1) led by Morgan Stanley and Lehman Brothers; built

relationships with investment bankers, legal counsel, and external

auditors on technical accounting and reporting disclosures, due

diligence, comfort letters, and consents.

. Expanded and developed Finance Department from staff of 3 to 45.

. Managed successful implementation of Sarbanes-Oxley Section 404 upon

public offering.

. Led implementation and conversion to Oracle Financial system.

. Impacted contract management and review; saved numerous contracts and

revenues by initiating revenue recognition policies to ensure proper

revenue recognition.

ASPEN TECHNOLOGY, INC., San Diego, California ( 1998-2002

Largest software company 100% focused on optimizing process manufacturing;

$300+ million in annual revenue, 2000+ employees, and $1.4 billion Market

Cap; (NASDAQ: AZPN).

Vice President of Finance and Director of Finance, 2000-2002

Managed Company's efforts in contract negotiations related to intricacies

of revenue recognition standards for software companies. Developed internal

standards and related contracts to ensure proper revenue recognition. Led

finance efforts of Mergers and Acquisitions Group; prospected for potential

acquisition targets; performed due diligence reviews of targets; price

negotiations; and modeling and integration of acquired targets.

. Led revenue recognition review for over $300 million in worldwide

revenues.

. Completed 4 acquisitions of companies, ranging in annual revenue size

from $1 million to $100 million, in coordination with Corporate

Development in 2-year period, from identification of target through

integration of target into operations.

. Managed consolidation of worldwide results for subsidiaries of foreign

business unit in Asia across 2 significant business segments.

Vice President of Finance, PETROLSOFT CORPORATION (Acquired by ASPEN

TECHNOLOGY, INC. in 2000), 1998-2000

Managed all aspects of finance, contract negotiations, employee relations,

pricing strategies, forecasting, budgeting, treasury, legal, and

administration for Company with $1 million in annual revenue and 4

employees.

. Played instrumental role in acquisition by Company with international

recognition for $60 million; acted as liaison between Company and

analyst community while developing relationships with external auditors,

lawyers, investors, and vendors.

. Led Company's search for outside investment options, including venture

capital, competitors, and IPO.

Career Note: Additional professional background includes Audit Manager at

PRICEWATERHOUSECOOPERS, Orange County, California, 1993-1998. Details on

request.

EDUCATION

Bachelor of Science in Accounting, UNIVERSITY OF LA VERNE, La Verne,

California

PROFESSIONAL AFFILIATIONS

American Institute of Certified Public Accountants ( California Society of

Certified Public Accountants

CURRENT BOARD OF DIRECTOR MEMBERSHIPS

WEBDEVENTIONS, LLC, Software developer of viral websites.

TRITTON TECHNOLOGIES, INC., Developer and distributor of gaming audio

technology.

DITECH NETWORKS (NASDAQ: DITC). Leader in delivering voice solutions.



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