M. Grotz, Page * of *

Manuel Lopez Grotz

**** ***** **.

Erie, CO 80516

720-***-****

abnljx@r.postjobfree.com

Financial manager spanning controller and financial planning & analysis roles; broad experience in

fast paced, organizations, both established and start-up, in a variety of high-tech industries.

• Hands on management style with a strong operations orientation; broad experience in

manufacturing (medical, electronic, semiconductor) and software industries.

• Financial planning experience providing insight across various business dimensions (market

segments, product lines, multi-site business units); well versed in the use of financial

information to motivate team members to control costs and improve the bottom-line.

• Solid Controller credentials having instituted GAAP reporting practices and Sarbanes-Oxley

compliant processes with unqualified audits. Treasury responsibilities over cash planning and

banking. Financial evaluations and follow-up due diligence audits for acquisition candidates.

• Cost Accounting experience under various in-house models and contract manufacturing.

• Software & services industry experience implementing revenue recognition (SOP 97-2, VSOE)

under various license options and revenue streams – subscription, hosting & services.

• Experience with financial systems and programs, including internet hosted applications:

SAP, JDEdwards, MS-Dynamics/Great Plains, Pillar/Hyperion, QuickBooks

PC based software tools MS Office Pro (Excel, Powerpoint, Word, Access)

Accelcia Business Services, Various client locations 3/08 – Present

Providing Controller /Financial Planning services to various high tech clients, across a range of

industries: medical devices, electronic manufacturing and software / services. Working closely with

the management teams the focus is on bringing financial disciplines into the growing enterprise.

Duties involve directing the monthly close, developing budgets / forecasts, financial reporting

(internal and external), cash / treasury functions and year end audits. Significant accomplishments:

- Establishment of revenue recognition policies and procedures (SaaS, Services and Subscriptions)

- Developed annual operating plan and monthly financial review / forecast updates

- Led financial team achieving cash flow positive from a cash burn rate >$400K/mo a year earlier

- Negotiated $3M bank line of credit

- Developed ROI justification and implemented India financial operations.

iWatt, Los Gatos, CA 4/06 – 3/08

Corporate Controller for fabless, semiconductor IC startup in consumer applications ($20M Sales).

Primary responsibility for accounting processes in preparation for IPO, financial support for internal

operations, liaison with external investors, banks, tax consultants and public auditors. Duties include

monthly close, financial reporting, cash management, accounting staff supervision, review of major

contracts, preparation of budgets / plans and maintenance of financial facets of ERP system:

- Implementation of Microsoft Dynamics (Great Plains)

- Improving balance sheet performance - Receivables DSO by 50% (>100 to less than 55 days) and

inventory turns by >20%, freeing $1.2M in cash flow - over the course of 12 months

- Reduced monthly financial close cycle to one week.

M. Grotz, Page 2 of 2

Helix Technology (Brooks Automation), Boulder, CO 3/03 – 4/06

Division Controller for semiconductor equipment manufacturer ($600M sales). Responsible for

supporting operational management with all facets of financial planning and analysis; including

monthly operations reviews, product costing and profitability analysis. Accounting duties include

monthly close under GAAP and Sarbanes-Oxley compliance. Major accomplishments:

- Streamlined close under new ERP system reducing close cycle and trimming staff

- Development of analysis tool used by marketing in data mining for new sales opportunities

- Improved margin (3 points) and inventory performance (turns from 3.8 to 4.8)

- Responsible for financial processes at newly established low cost site (Mexico Maquiladora).

MKS Medical Electronics (Astex), Colorado Springs, CO 7/00 – 3/03

Division Controller for medical division of MKS Instruments ($235M sales). As member of division

exec team, responsible for managing all divisional accounting functions and IT/IS organization.

Duties included cost accounting, general accounting, cash control, payroll, management reporting,

strategic planning and operational budgets. Chief user of division’s SAP system (FI and CO).

- Member of cross function cost improvement team achieving 15% increase in new product margin

- Inventory management: 20% improvement in turns, E&O reserve calculation

- Streamlined close cycle and key financial reporting to < one week.

- Supported transition of manufacturing to China after acquisition by MKS Instruments.

Self-employed, Equity Options Trader, Boston, MA 4/99 – 6/00

Equity Options Trader specializing in internet related equities. During this sabbatical also attended

Harvard’s summer program on emerging internet software technologies and programming languages.

Advanced Energy Industries, Inc., Ft. Collins, CO 3/96 – 3/99

FP&A Director for semiconductor power supply manufacturer, $350M Sales. Responsible for

coordinating the corporate wide annual budget and operational forecasts, conducting financial

evaluations supporting wide range of projects including product margin reviews, capital

requests, new product ventures and acquisition opportunities. Responsible for monthly revenue,

P&L and cash forecasts with manufacturing variance analysis. Accomplishments:

- Implemented Business Unit reporting model under SAP

- Finance Lead in cross functional team achieving 5 point improvement in product margins

- Member of SAP implementation team, focusing on manufacturing cost accounting modules

- Definition of manufacturing cost drivers leading to Activity Based Costing

- Assisted in S-3 (Secondary Public Offering) and quarterly SEC reports.

Various financial assignments in support of manufacturing and software industries

Standard Oil (Financial Analyst), IBM / Lotus (Finance Manager), Cimage (Finance Manager)

Education

Univ. of Miami, Coral Gables, FL: BS – Chemistry, MBA – Finance / Accounting. Member International

Institute of Management Accountants, Spanish fluency.

Contact this candidate