GARY N. RAUCHENECKER 303-***-****
SUMMARY
As an astute self-directed leader, with the vision to think strategically and communicate the present and
future effectively, I provide energy, direction, and support in a customer-focused team atmosphere. My
broad industry background and experience give me the confidence to manage any function needing
decisive direction and leadership. I offer cross-functional strengths in financial and operational
leadership including lean transactional process improvement and the discipline necessary for a sound
financial control system. My experience demonstrates a proven ability to help growing organizations to
define, plan for, and ultimately achieve financial, strategic and operational objectives.
AREAS OF PROFICIENCY
Financial Planning & Control Financial Reporting Budgets & Forecasts
Business Process Analysis Excel (pivot tables, etc.) Audit Readiness
Manufacturing/Cost Acctg Internal Controls ERP Implementation
Strategic Planning Accounting Ops Mgmt Project Management
PROFESSIONAL EXPERIENCE
VCFO, Inc. 04/2007 – 01/2009
I served as a finance and accounting consultant for Virtual CFO, a professional services firm serving client companies
with finance, accounting, HR and recruiting needs. I served seven clients simultaneously in a controllership capacity.
Controller 2007 - 2009
Denver, CO
Interacts closely with management teams and includes a range of responsibilities, such as:
Oversight of full-charge accounting/reporting operations, payroll, insurance, benefits, and audit readiness.
Carry out month/annual closes, account reconciliations, financial reporting, audits and projects as necessary.
Performed financial analyses, budget control, department head support, turnaround support, and cash management.
Multiple industries – software, energy, medical, HVAC, internet, clothing design/mfg, mining.
Proficient in SAP, QuickBooks, Epicor, Great Plains, Peachtree; working knowledge of Oracle.
The Broe Group 01/2006 – 06/2007
I served as a management team member in a contract engagement for a medical business unit of The Broe Group,
who owns and manages a group of affiliated companies in the energy, medical, real estate and transportation
industries. McKinley Medical manufactures ambulatory infusion pumps for pain management applications with
revenues of $10 million. My primary purpose was to assist the CFO with the sale of the company.
Controller
Denver, CO
Reports to CFO and responsible for oversight of accounting, HR, purchasing and customer service functions;
supported due diligence efforts for divestiture of two business units.
Performed monthly financial reporting, analysis and consolidations for U.S. and UK subsidiaries.
Responsible for daily cash management, monthly/annual closings, audits and consolidations.
Dharmacon, Inc. 06/2005 – 12/2005
I served as a management team member for this business unit of ThermoFisher Scientific. Dharmacon develops
and utilizes new technologies for RNA oligonucleotide synthesis – annual sales $40 million.
Corporate Controller
Lafayette, CO
Member of senior management team, reporting to VP of Finance
Maintained oversight of daily accounting and purchasing operations (staff of 6)
Co-managed ERP software selection (Oracle), inventory and Sarbanes-Oxley compliance initiatives
Co-managed treasury function, dashboard management, monthly closes and internal reporting
07/2001 – 06/2005
Medivance, Inc.
I served first as Finance Manager, then Controller for this venture-backed startup manufacturer of medical devices
(development of cooling technologies for treatment of stroke, heart attack, neurogenic fever) in Louisville, CO.
Controller/Operations Manager
Directed daily accounting for A/P, A/R, inventory, costing, cash, fixed assets and financial reporting.
Responsible for Payroll, HR and benefits administration, multi-state sales/use tax, and audit compliance.
Assisted CFO with financial planning, pricing models, financing, IT and operational aspects.
Supported Vice-President Operations with plant procedures, safety, costing and inventory accuracy.
Defined/implemented policies; oversight of risk management; track and report on clinical trial costs.
Coordinated annual audits and PBC preparation; Liaison to banking, audit and tax relationships.
Sandoz Pharmaceuticals 11/1991 –02/2001
I served in various concurrent roles culminating in my appointment as Finance Manager for this U.S. pharmaceutical generic
division of Novartis and a highly-regulated, commodity-based business.
Manager of Finance 12/1999 – 02/2001
Broomfield, CO
Returned to Finance department after serving on SAP implementation, with supervision of a staff of 10.
• Interim financial reporting to Parent, A/P, fixed assets and costing/inventory accounting, Medicaid compliance, customer
contracts, rebates, and profitability analysis in a high-volume transaction environment.
Co-managed monthly/annual general ledger closings & audits; managed accounting for $52 million plant expansion.
Cross-functional team member for customer contract review/administration and business process improvements.
SAP Project Team Member 01/1997 – 12/1999
Served as functional lead team member in 3-year, $5 million ERP implemented in two phases and meeting target date.
Primarily responsible for costing and inventory accounting system, and co-managed general ledger implementation.
Identified and developed feasible process improvements; wrote/ran test scripts; developed and delivered user training.
Department SAP super-user responsible for post-implementation support, process enhancements and trouble-shooting.
Manager of Financial Planning & Analysis (promoted) 04/1994 – 12/1999
Served as cost/inventory accounting mgr; maintained and set annual standard costs and overhead pool cost analyses.
Worked alongside product line on management of KPI’s, safety, bulk production and packaging, and improvements.
Responsible for accuracy of $6 million RM, WIP and FG inventory within plant and 3 multi-state distribution centers.
Performed normal job duties while serving dual role as a functional lead on SAP implementation.
Supported annual budget and planning process, monthly variance analysis and reporting, annual audits, and updating
quarterly estimates.
Financial Analyst and Accounts Payable Supervisor (promoted) 12/1991 – 04/1994
Supervised staff of 3 and interfaced closely with purchasing department.
Performed pricing analyses, developed models and drafted partnering arrangements
1980 – 1991
Served in accounting management positions in super-computer and medical device industries, holding a variety of
responsibilities.
Accounting Manager – Denelcor (electronics mfr.) 1980 - 1985
Reported to controller and managed staff of 5 (payroll, AP, AR, GL, Costing); monthly/annual closes and
audits; assisted with IPO and associated SEC reporting (10-Q, 10-K, S-8); provided information for tax returns;
coordinated interim physical inventories; automated accounting systems; supported turnaround efforts.
Accounting/Credit Manager – Mtn. Medical Equipment (medical device mfr.) 1985 – 1991
As Accounting Manager, reported to Controller and managed staff of 5; generated monthly financial reports and
performed analyses as required; coordinated annual audits, supported cash management activities, negotiated
vendor payments; assisted with interim physical inventories; automated accounts payable process and converted
general ledger accounting system.
As Credit Manager, reported to VP Finance and managed staff of 5; reduced DSO from 73 to 50 days.
Interfaced heavily with sales team and managed $3 million in worldwide receivables for purchase and leasing
divisions.
Managed credit investigations; maintained all credit policies and approved all new sales and leasing orders.
EDUCATION
MBA - Finance
Regis University - Denver, CO
Bachelor of Science - Business Administration
University of Colorado - Boulder, CO
Ongoing Professional Development/Interests
Passed Colorado CPA examination
Member, Lean Process Institute
Member, Colorado Technology Alliance
Volunteer, American Red Cross – Mile High Chapter (Fund Development)
Accounting, Finance, Finance Manager, Financial Analyst, Financial Planning and Analysis,
forecasting, budgeting, inventory, cost accounting, project management, Controller, Financial
Controller, Accounting Director, international