Fred C. Pattin Jr., CPA
Cell: 303-***-****
Englewood, CO 80112
Email: abmrxh@r.postjobfree.com
EXECUTIVE PROFILE
Finance and Accounting leader with more than 20 years of experience guiding
accounting, finance and IT in a variety of industries. Proven record of
transforming finance and accounting groups by delivering solutions around
business performance management, process re-engineering, overhead cost
studies, integration of new businesses, rebalancing organizations and ERP
solutions. Expert in leveraging technology in business environments and
leading multiple technology solutions. Demonstrated success in building
strong organizations, developing bench strength and creating a positive
culture. Additional areas of expertise include:
Financial Close Building Scalable SEC Filings
Solutions (10-K,10-Q,8-K,S-3,11-K, Proxy)
Budgeting/Planning/For Mergers & Project Management
ecasting Acquisitions
Operational Accounting Treasury and cash Month end close optimization
flow
SOX Compliance Financial System Process improvement, Six Sigma
Integrations
GAAP Research Cost Saving Predictive Business Intelligence
Strategies -Transparency
PROFESSIONAL EXPERIENCE
Rogue Wave Software, Inc., Boulder, CO 2009 - present
Leading provider of enterprise C++ components and infrastructure,
mathematical and statistical libraries.
Corporate Controller
Responsible for the finance and accounting department inclusive of
treasury, banking relationships, financial reporting and analytics, month
end close, payroll, collections, accounts payable, year-end audit, ERP
conversion and integration of newly acquired companies, tax strategy,
international business process outsourcing, and general management of
personnel. Acting as a strategic partner in guiding the company to scale
sustainably as they grow organically and through acquisitions. Responsible
for the company's VSOE application through SOP 97-2 and SFAS 141R
application for acquisitions.
. Saved the company over $500,000 through effective vendor management,
staff reductions and improving core process.
. Implemented a new financial systems solution by migrating from MAS500 to
Great Plains Dynamics in under two months. Solution included redesigning
a new chart of accounts for effective and improved reporting.
. Developing improved reporting, analytics and KPIs for increased
transparency and decision-making capabilities.
. Developing tax strategies for domestic and international operations.
Handled all state and local tax matters.
. Streamlined the month end close allowing more time for forward looking
analytics and now closing the financial records worldwide in less than
seven days.
. Build a shared services function for operational accounting that was
driven in part by a recent acquisition.
. Working with external auditors on establishing VSOE (SOP 97-2) for a
newly acquired company and applying SFAS 141R
. Successfully worked with external financial institutions in revamping
treasury, cash concentration and flow of funds.
. Improving the companies overall policy, procedures and improving how we
leverage technology to provide improved transparency, reporting and cost
efficiency. In process of combining two separate ERP and CRM
applications.
. Responsible for transitioning outsourced third party service providers
for statutory and US GAAP reporting.
LANX, INC., Broomfield, CO 2008 - 2009
Medical device company focused on the design, development and marketing of
products for the treatment of spine disorders.
Vice President - Finance
Responsible for the finance department inclusive of treasury, financial
reporting and analytics, month end close, payroll, collections, accounts
payable, year-end audit, SAP conversion, accounting research, stock option
program, and general management of personnel. Strategic partner in guiding
the company to progress to the next level of growth by instituting leading
practices in all areas of the business. Responsible for improving the
treasury function and positioning the company to go public in 2009. Key
member in driving a new SAP conversion leveraging common practices in the
medical device industry.
. Delivered on improved inventory management and partnered with operations
to develop new inventory procedures.
. Improved controls, efficiency and automation by developing new procedures
around the financial close and operations.
. Introduced a new budgeting and forecasting process to control costs in a
rapidly growing organization.
. Co developed new distributor contracts to mitigate inventory shrinkage,
enhance accountability and gain better insight into the company's sales
projections.
. Achieved a successful "go live" on the company's SAP implementation.
DCP MIDSTREAM, Denver, CO 2006 - 2007
Largest Natural Gas Liquid producer in the United States
Managing Director, Process and Systems
Developed governance program over business improvement initiatives across
support services (Finance, Human Resources, IT and Corporate Affairs).
Worked closely with leaders in operations and commercial organizations to
maintain a one-company view of strategic investments. Managed upstream and
down stream impacts to finance organization. Reported to the executive
committee.
. Managed cost containment strategies that resulted in a Board directed
cost containment program to yield 20% reduction in costs over a three
year period.
. Identified over $40 million in cost saving opportunities through efforts
in managing an overhead study.
. Initiated, analyzed, developed and implemented a global prioritization
methodology for evaluating business improvement initiatives that resulted
in the company making improved decisions on significant business
improvement investments.
. Created and presented educational and pilot projects that influenced
management towards a process centric organization that drove the company
to address the process before investing in technology.
FIRST DATA CORPORATION, Englewood, CO 2001 - 2006
Leader in electronic commerce and payment services
Vice President, Finance
Built from ground up; managed a team of 60 professionals located
internationally & in various parts of the US with an annual budget of $15
million. Held a seat at the table with the CEO and his direct reports for
positioning / implementing key strategic initiatives. Managed financial /
operational systems inclusive of Finance, Treasury, integrations,
manufacturing & business intelligence.
. Initiated approximately $7 million of cost saving recommendations that
were adopted by senior management to create a cost neutral spin-off of
Western Union. Established a parallel and cost neutral organization at
Western Union.
. Developed long-range strategic road map to improve company's ability to
achieve logical and real time access to business intelligence
information. Utilized Hyperion System9 HFM, Hyperion Planning and
Hyperion MDM as the foundation.
. Ensured more effective and efficient monthly accounting close process
which included moving more of accounting staff's time to value added
activities such as "what if" analyses, resulting in building a more
scaleable organization.
. Designated corporate expert on the Oracle ERP (11i) worldwide rollout.
. Saved the company several million dollars by effectively negotiating fees
and scoping work requirements for external partners.
. Designed a repeatable and cost effective methodology to accommodate
backlog and future international integrations.
. Saved over $1milllion and achieved quicker synergies of financial system
integration efforts for Concord, EFS, an acquired company with revenue
contribution of $1 billion.
. Drove efforts to address detection and prevention of revenue leakage and
accommodate billings, collections, and rating engine for approximately
$5.5 billion of the company's annual revenue.
Time Warner Telecom, Littleton, CO 1999 - 2001
Broadband connections for data, high-speed Internet access and local voice
and long distance services.
Senior Director, Accounting
Managed an Accounting department of 34 professionals with 5 direct reports.
Responsible for SEC/Financial reporting, year-end audit/quarterly reviews,
month end close, payroll, accounts payable, project accounting, asset
management and corporate accounting.
. Immediately improved quality, integrity & accuracy of month-end
reporting, account reconciliations & accrual tracking process.
. Key leader in the integration of the accounting/finance/systems
transition of an acquired company (GST) almost equal in size (revenue) to
Time Warner Telecom.
. Successfully managed a PeopleSoft post implementation and internal
control review conducted by Ernst and Young.
American Telecasting, Inc., Colorado Springs, CO 1996 - 1999
High speed internet and wireless cable services.
Controller & Chief Accounting Officer
Managed a department of 17 with 7 direct reports. Oversaw timely
submission of all SEC filings (10-K, S-3, 8-K, 10-Q. 11-K, Annual Proxy
Statement). Directed general accounting functions including the month-end
close, year-end audits and quarterly reviews, accounting systems, accounts
payable, treasury and coordination of special projects. Led corporate
budget process and company's annual and interim audits with external
auditors. Fielded investor calls from individual and institutional
investors. Interfaced with Board of Directors and prepared quarterly board
packages.
. Positioned sale of company to Sprint Corporation, and achieved
shareholder approval.
. Redesigned treasury process to maximize cash concentration resulting in
improved working capital.
. Selected and implemented new Oracle accounting software package along
with providing improved reporting and transparency.
Resource Group International, Seattle, WA 1995 - 1996
Holding company for four major industries: Retail, Real Estate, Ship
Building and Sea Food.
Assistant Controller
Managed general accounting and year-end audit process. Ensured company was
in compliance with U.S. and Norwegian GAAP differences. Designed and
implemented consolidation and reporting package utilizing Comshare.
Flow International Corporation, Seattle, WA 1991 - 1995
High tech international manufacturing concern.
Controller
Managed SEC filings (10-K, 10-Q, 8-K), year-end audits, quarterly board
meetings, accounting research for acquisition of new companies, joint
ventures, bank and credit facility management. Implemented JD Edwards for
close and reporting functions. Managed tax department and internal audit
function.
Price WaterhouSe and Grant Thornton, Seattle, WA/Los Angeles, CA 1986 -
1991
Sr. Auditor - Multiple clients in the entertainment industry, financial
services, high tech, manufacturing.
EDUCATION AND CERTIFICATIONS
B.S., Accounting, Bob Jones University, Greensville, SC
Certified Public Accountant - Active
Oracle Masters Certification
American Institute of Certified Public Accountants