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Financial Product Development

Baden, Pennsylvania, 15005, United States
February 19, 2018

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Michael F. Dignazio, CPA

**** ********** ***** **** *****, Pennsylvania 15005 (724) ***-****

Accomplished Finance & operations Professional

Enterprise Strategy & Execution Experienced in Finance and Operations Expertise in Startup/Established Environments

Accomplished leader and results-focused professional with demonstrated success in directing the life cycle of responsibilities associated with the leadership of business and corporate finance operations, with expertise that spans both startup and established enterprise environments.

Straight-forward and decisive with the wit, intelligence and experience to recognize opportunities for improvement, eliminate deficiencies and build strong consensus in favor of company and department goals; as Chief Financial Officer at InteloMed, oversees finance, operations, and quality control while influencing product development.

Well versed in the principles and methodologies of effective operations management; skilled in the development of policies, procedures, KPIs, and frameworks designed to position teams and departments for success.

Areas of Expertise and Leadership

Visionary Executive Leadership

Successful in Operations Management

Builds and Leads Strong Teams

Meets and Exceeds Performance Goals

Experienced in Corporate Finance Leadership

Expertise in Investor Relations

Managing Relationships with Banks

Securing Capital and Credit Facilities

Building Financial Reporting Packages

Expertise in Mergers & Acquisitions

Capturing Gains in Productivity & Efficiency

Developing Corporate/Project Budgets


2015 to Present: InteloMed, Wexford, PA

-Chief Financial Officer

Leads vision, strategy, and execution for all facets of operations and finance at this startup provider of non-invasive medical and technology solutions for monitoring cardiovascular care, with a focus on contributing to the raising of capital through the development of financial forecasts and other support responsibilities.

–Partnered with the new CEO to successfully close a $3.2MM round within the first 3 months; led the development of a financial plan for current capital raise of $10MM; participates in investor calls to provide guidance and information in response to financial inquiries.

–Establishes strategy and provides tactical leadership on initiatives ranging from IP and licensing to product development, quality and supply chain. Directs cross functional teams from Clinical, Marketing and Operations to execute on the company’s commercialization plan. Shepherds teams through the successful completion and outcomes of ISO and FDA audits.

2013 to 2015: Crossett Inc., Warren, PA

-Chief Financial Officer

Fulfilled a critical role managing financial operations at this $30MM provider petroleum transport and maintenance services in the eastern United States and Canada, with a scope of responsibilities that included the development of budgets, maintenance of relationships with banks, production of financial reporting packages, and oversight of audits.

–Within the first six months, navigated the business through its first financial statement audit, an IRS audit, and an audit of software licensing agreements; served as an invaluable resource, providing stability and leadership to the Corporate Finance and Information Technology functions through a transition in ownership.

–Spearheaded the formulation of operating budgets for 2014 and 2015, including a $5.5MM CAPEX plan to support expansion; these budgets provided insight and guidance to corporate leadership into performance against sales and operating metrics, sorted by product lines and terminals. Over tenure, company valuation increased 26%, on a per share basis from $138/share to $174/share.

–Strengthened the company’s relationship with a bank to secure an $8MM credit facility that included equipment financing and working capital, empowering substantial growth and new market development.

–Credited with building a standardized reporting package for submission and review by the Board of Directors at monthly meetings; additionally, supplemented these reports with weekly flash updates providing details of revenue performance, order data, and operating metrics.

Michael F. Dignazio, CPA

1650 Warrendale Bayne Road Baden, Pennsylvania 15005 (724) ***-****

2011 to 2013: Dynavox Mayer-Johnson, Pittsburgh, PA

-Senior Business Analyst

Hired to lead requirements gathering, analysis, and documentation of a broad array of business process improvement projects at this $70MM developer, manufacturer and distributor of speech generating devices, with a focus on aligning internal workflows with business needs.

–Served as the architect of a monthly internal reporting package that provided unprecedented insight into detailed financial performance metrics for business unit managers and executive leadership.

–As required, received and administered ad hoc requests for operating and financial information; developed key data analysis and information that was integrated into executive level management updates and presentations.

–Recognized for navigating the Dynamics Great Plains ERP platform to generate a set of financial reports containing information necessary to file 10Q and 10K reports with the SEC; led the production, testing, and reconciliation of these reports.

2004 to 2013: Strategic Source LLC, Pittsburgh, Pennsylvania

-Founder and Principal

Pioneered the launch and continued management of this consulting firm dedicated to providing interim CFO leadership to a customer base consisting of small to mid-market corporations.

Key Client Engagements

–Heinz North America, SOX Compliance. Hired to prepare a SOX compliance matrix for this multibillion dollar CPG corporation, fully documenting processes, internal controls, and testing of financial reporting and procurement processes; exercised the authority to review all process documentation to ensure accuracy, completeness, and adherence to quality standards.

–SearchPath HCS, Chief Financial Officer. Collaborated with the ownership team of this leading provider of human capital solutions to build a plan to raise capital. Oversaw the reverse merger of the organization, turning it into a publicly-traded shell corporation.

–EE Zimmerman, Vice President and Chief Financial Officer. Retained by one of the country's largest suppliers of packaged paint thinners, paint solvents, paint removers, wood finishes, fuels and acids to assess the company’s ability to continue as a going concern. Negotiated payment terms with vendors and secured working capital through a bank, sustaining operations until the completion of an acquisition and liquidation of assets.

–Orbital Engineering. Provided guidance and direction to M&A discussions between this engineering and consulting firm and USX relating to the acquisition of the Met-Chem subsidiary; developed risk analysis and advised on due diligence issues.

–Renewal Inc., Chief Financial Officer. On an interim basis, oversaw finance and operations for this local nonprofit organization, including the performance of an annual audit and the production and presentation of monthly board packages. Key achievements in this role include the acquisition and build-out of commercial property in Pittsburgh which involved the facilitation of $1.5MM in bridge financing and a subsequent refinancing for $2.5MM in tax-free local redevelopment funds.

–ISSI, Project Controller. Oversaw the financial aspects of multiple construction and engineering projects, partnering with project managers to develop and implement project budgets while reporting cash flows and cost analysis to the President and CEO. Additionally, managed Letter of Credit transactions supporting construction projects overseas in China and India.

Early Career

Vice President and Chief Financial Officer, Industrial Enterprises of North America, New York, NY

Chief Financial Officer, Fast Forward Inc., Pittsburgh, PA

Corporate Controller, Exonic Systems Corporation, Pittsburgh, PA

Senior Financial Analyst, Fisher Scientific International Inc., Pittsburgh, PA


Bachelor of Arts Degree in Economics – University of Pittsburgh

Technical Skills: Oracle, PeopleSoft, Great Plains, MAS90, SAP Business One, QuickBooks Pro, FRx/Management Reporter

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