Massimo Marabotti
Redondo Beach, CA 90277
Cell: 714-***-****
****************@*****.***
PROFILE
Financial Executive with comprehensive international experience and
demonstrated ability to manage large projects across multiple functions,
including a restatement process, a large divestiture for a publicly held
company and several restructuring initiatives. Record of promotions based
on high level performance while holding multiple titles concurrently.
Proven track record in:
( Financial Planning and Analysis (
Financial Reporting
( Cost Accounting ( Project Management
( Restructuring and Cost Control ( Mergers and Acquisition
EXPERIENCE
EPC Corporation, El Segundo, CA
2010 - present
A startup semiconductor company - Owner, former CEO International Rectifier
Financial and Accounting Consultant
. Set up the financial reporting for the company.
. Performed audit and provided recommendations on bookkeeping.
. Documented accounting and reporting procedures.
Soluzione USA Inc., San Marino, CA
2010- present
A startup renewable energy company
Director, General Counsel Secretary and Treasurer
. Responsible for all finance and accounting functions.
INTERNATIONAL RECTIFIER CORPORATION, El Segundo, CA
1995 - 2009
An $800M semiconductor global manufacturer (NYSE: IRF)
Director of Finance, Special Projects (2005-2009)
Managed M & A activities, restatement process and various financial
restructuring projects. Reported directly to CFO.
. Redesigned the Procure-to-Pay process for North America which eliminated
control deficiencies and ensured SOX compliance.
. Managed multiple project work streams for the restatement of company
financials for fiscal years 2002 to 2007. Completed in August 2008,
played a key role in all of the restatement areas including audit
support and the preparation of external reporting documents with major
focus on revenue recognition.
. Acted as financial controller for the Japan Subsidiary from April 2007
to September 2007.
. Under extreme pressure, successfully directed the financial aspects of
the divestiture of a $300 million business unit to Vishay
Intertechnology, including preparation of financial statements (actual
and forecast) and the offering memorandum, meeting with potential
buyers, due diligence, audit and transaction support.
. Supported various M&A initiatives (valuations, due diligence, meetings
with sellers).
Financial Controller - High Power Business Unit (2002 - 2007)
Directed the financial controllers of the Italian and the Indian
subsidiaries (about $45M annual sales).
. Full P&L responsibility, provided overall financial support to the
Business Unit team to improve profitability and return on assets.
Performed regular and ad hoc analysis of business performance. Ensured
compliance with SOX requirements.
. Developed business unit strategic plans, financial business plans, short-
term projections, product costing for wafer fabrication and assembly,
inventory analysis and control. Prepared and presented financial reports
of product line performance to executive management.
. Supported the establishment of the BU and led its subsequent
restructuring, which improved the financial performance from a 10%
operating loss to a 15% operating income.
. Directed the financial aspects of the proposed divestiture of this
business unit including the negotiation with potential buyers and due
diligence.
. Performed analysis and valuation on two other acquisition targets.
Sr. Manager, Financial Planning and Analysis (2005)
Managed corporate Financial Business Plan and Quarterly Forecast processes,
capital expenditure request process and external reporting support.
. Reorganized the FP&A group including the redesign of roles and
responsibilities.
. Supervised the implementation of Hyperion Planning, which led to reduced
forecasting cycle time and improved accuracy from nine days to four
days.
Manager, Sector Financial Reporting and Analysis (2004 - 2005)
Directed financial support for sector VPs and supervised three analysts
. Managed reporting, strategic planning, budgeting, forecasting, capital
planning, product planning, unit cost analysis.
. Developed cost reduction analysis, cash flow analysis for new
technologies, equipment and investments.
. Managed incentive programs for all Marketing and R&D groups.
Other positions:
Business Development Analyst - Marketing Support (2000 - 2001)
Product Line Controller - High Power and Schottky Products (1999 - 2000)
Product Line Controller, Financial Analyst and Cost Accountant - IR Italy
(1995 - 1998)
EDUCATION
Bachelor in Economics and Business Administration
Universita' di Torino, Facolta' di Economia e Commercio (Turin, Italy) -
1993
Achieved perfect score - Dottore graduated 110/110 Summa Cum Laude and
Academic Mention.
PUBLICATIONS
"Small Business and market globalization. Activity-Based Costing as the
answer to complexity. Some critical remarks",
SINERGIE - Rivista di Studi e Ricerche, N. 34, May - August 1994.
"Restructuring the finance organization with the Business Process
Reengineering",
BUDGET - Analisi, Programmazione e Controllo di Gestione, N. 3, 1995.
"Activity-based product costing and decision making: the long-term
approach",
BUDGET - Analisi, Programmazione e Controllo di Gestione, N. 4, 1996
LANGUAGES:
Fluent in both oral and written Italian and English.
COMPUTER SKILLS:
Microsoft Excel, Word, Access, PowerPoint, Project; AS400; Hyperion
Essbase, Planning, Enterprise; Blackline; QuickBooks.