Manager Financial

FRANK COMMONS - CPA / MBA

**** ***** ***. # *** - *** Angeles, CA 90025 - 310-***-**** -

*******@*******.***

SUMMARY

o SENIOR FINANCIAL EXECUTIVE ORIENTED TOWARD MID-SIZE PRIVATE AND PUBLICLY-

HELD BUSINESSES

o As CFO, improved the profitability of a private equity financed company

to enable its sale

o Salvaged a financially troubled unit of an NYSE-listed consumer products

leader

o Held management-level financial planning and analysis positions at two

Fortune 500 firms

o CPA with Big 4 public accounting firm experience; MBA and BS degrees from

top-tier schools

PROFESSIONAL EXPERIENCE

CINEDIGM DIGITAL CINEMA CORP. 2007 - 2010

Vice President of Finance - Media Services Group, Hollywood, CA

Managed the financial analysis and accounting for three divisions at

this publicly traded integrator of digital cinema services for the

motion picture industry. The Media Services Group divisions: 1)

provide digital cinema systems to movie theaters and collect

exhibition fees from motion picture studios; 2) supply proprietary

software applications to studios, distributors and theater chains; and

3) deliver digital motion pictures, concerts, and live sporting events

to digitally-equipped theaters.

KIBEL GREEN, INC. 2006 - 2007

Consultant, Santa Monica, CA

Member of the Turnaround & Restructuring Group at this business

advisory firm founded in 1984. Assignments focused on revitalizing

companies that are experiencing financial difficulty. Projects

involved clients in the following industries: flooring, footwear

distribution, high-fashion leather goods, electronics, and motion

picture post-production.

RADIO & RECORDS, INC. 2003 - 2006

Chief Financial Officer, Los Angeles, CA

Responsible for oversight of the accounting, legal, human resources

and information technology functions at this privately held provider

of print and digital information services to the radio and recording

industries. Member of the company's Board of Directors.

Worked with CEO as sole participants in the due diligence process

during company's sale to a $10 billion Dutch information and media

company. Completed the transition and integration of all

administrative operations in November, 2006, including compliance with

SOX requirements.

Produced annual cost savings equal to 60% of 2005 EBITDA.

Accomplished this by: eliminating position of Controller ($94,000);

substituting financial statement audit with review by outside

accountants ($43,000); successfully challenging Los Angeles business

tax audit ($20,000); and, with assistance of CEO, replacing the lease

on L.A. headquarters ($503,000). These profit improvements attracted

a buyer for the company after twelve years of ownership by a private

equity firm.

McQUEEN, BALL AND ASSOCIATES, INC. 1997 - 2003

Certified Financial Planner, Bethlehem, PA

Firm managed approximately $435 million of client assets. Prepared

comprehensive financial plans and income tax projections for 25

clients having a net worth ranging from $2 million to $40 million.

FRANK COMMONS, C.P.A. 1990 - 1996

Financial Management Consultant, Atlanta, GA

Designed a financial planning system at a textile manufacturer

involved in a leveraged buyout and prepared financial forecasts for

its senior lending institutions. Developed a financial consolidation

and currency translation system for the foreign subsidiaries of an

international jewelry retailer. Installed PC-based accounting

software at several small firms. Board member and investor in a start-

up health care firm sold to a public company for $25 million.

AVON PRODUCTS, INC. 1987 - 1990

Vice President and Controller - Mediplex Construction Co., Newton, MA

1988-1990

Responsible for turning around this financially troubled subsidiary

that constructed nursing homes and psychiatric centers. Installed a

PC-based job cost system to control construction spending and enable

Avon's Treasurer to anticipate future cash requirements. Successfully

liquidated company's $160 million investment in construction in

progress by obtaining third party financing for completed projects.

Established separate general ledger and payroll accounting to

facilitate Avon's sale of the company's parent, The Mediplex Group,

Inc. Prepared financial and textual data required to be included in

corporate SEC reports.

Director - Corporate Financial Planning and Analysis, New York, NY 1987-

1988

Hired by Avon to computerize preparation of the monthly financial

forecast and annual profit plan. Introduced balance sheet and cash

flow forecasting that helped management reduce interest expense by 10-

15%. Streamlined departmental budgeting at corporate headquarters,

reducing the staff required for this task from four to two. Evaluated

the financial impact on company's strategic plan of divesting all

health care operations.

OCCIDENTAL PETROLEUM CORPORATION 1980 - 1987

Manager - Financial Analysis, Chemical Division, Darien, CT 1986-1987

Manager - Business Analysis, Oil & Gas Division, Bakersfield, CA 1985-

1986

Manager - Corporate Financial Planning and Analysis, Los Angeles, CA

1981-1985

Financial Analyst, Los Angeles, CA 1980-1981

Responsible for preparing corporate annual plan and three-year

forecast. Designed and implemented a corporate planning system to

automate the consolidation process and provide analyses of various

combinations of debt and equity financing. Provided pro forma data

included in company's registration statements filed with the SEC.

Created acquisition analysis model used as the primary analytical tool

in the successful purchase of over $5 billion in assets. Developed

computer systems to estimate the financial impact of divesting

acquired assets, which aided management in generating $3 billion of

sales proceeds.

Analyzed operating performance, business plans and capital investments

of domestic and international subsidiaries in the chemical, oil and

gas, coal and agribusiness industries.

PRICE WATERHOUSE 1977 - 1980

Auditor and Senior Auditor, Los Angeles, CA

EDUCATION

CERTIFIED PUBLIC ACCOUNTANT - 1979 (CURRENTLY LICENSED)

M.B.A., Finance, Dartmouth College - 1977

B.S., Economics, Massachusetts Institute of Technology - 1974

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