Robert C. “Bob” Madsen, MBA
408-***-**** ***.******@*****.***
San Jose, CA 95130 http://www.linkedin.com/in/bobmadsen
PROFESSIONAL SUMMARY: Senior finance professional with strategic vision and focus resulting in optimal financial performance. Experience with small to multi-billion dollar organizations, corporate and division/business units. Strong business partner with Acquisition Integration (from $364M to $4.9B), project management (both internal and external resources), financial reporting, system integration and a successful turnaround experience.
PROFESSIONAL EXPERIENCE
Madsen Financial Consulting, San Jose, CA December 2014-Present
President
Volunteer CFO for College Open Text, a non-profit providing free text books for college students in need.
Consultant for Lotus Foot Massage, producing full P&L and financial statements from scratch.
Financial consultant to early stage start-ups in the incubator stage.
Lighthouse Management Group, San Jose, CA March 2014-December 2014
Client Services Manager
Responsible for sourcing and placing contract and permanent mid to senior level Finance and Accounting staff.
Interface directly with corporate recruiters and hiring managers to identify, qualify and onboard appropriate candidates.
Interview candidates to ensure qualifications and work experience are clearly understood and validated.
Madsen Financial Management, San Jose, CA August 2012- February 2014
Acting Director of Finance for Sigma, successfully worked with Senior Management to return company to profitability in 2 quarters.
Interim Business Unit Controller for Bruker Daltonics, led annual physical inventory resulting in 98% reconciliation, up from 75% in previous inventory. Established policies and procedures to ensure accurate inventories going forward.
Identified and billed customers for revenue streams passed over due to contract oversights resulting in over $2 million in additional revenue for Quantros.
General Ledger conversion from Great Plains to Rent Manager for privately held Real Estate management company Western Management. Successfully reconciled and brought live within scheduled timeframe.
Applied Materials, Santa Clara, CA July 2008-July 2012
Senior Finance Manager, Silicon Systems Group Finance
Reviewed and analyzed corporate allocation history and forecast projections improving the accuracy of budgets to actual with a variance of 2% by properly setting key drivers and coordinating with other organizations .
Managed forecast and budget to actual for Varian Semiconductor Acquisition Integration expenses with 99% accuracy.
Prepared Strategic Review 3 year planning template for Business Units resulting in accurate business planning cycles.
Finance Manager, Silicon Systems Group Finance
Managed 15 process improvement initiatives with finance team in OPEX, Revenue and Gross Margin resulting in increased profitability.
Led acquisition integration financial forecast process for recent Semitool acquisition, successfully integrating all financial and reporting into AMAT within one quarter.
Performed finance lead role in key customer Benchmark Pricing Project confirming contract compliance and avoided previous required expensive outside audit.
Senior Finance Manager, Metron Sub Fab Systems Business Unit
Led restructuring effort resulting in streamlined operations, headcount reductions and savings of $20M Annually.
Responsible for full P&L, Annual Operating Plan and Forecast $400M P&L.
Staffed up Business Unit finance organization with permanent talent for Revenue and Spending Analyst roles.
Performed project spending and analysis for R&D resulting in accurate spending forecasts by project and team.
Defined business process for Solar Tool deployment through Factory Acceptance Test with Solar Business resulting in shorter acceptance time and revenue recognition.
JDS Uniphase Corporation, Milpitas, CA March 2006-August 2008
Business Unit Controller
Full P&L responsibility for the Transmission Modules Business Unit in the Optical Communications Division ($200M Revenue, $40M OPEX).
Provided financial support for BU deal analysis and GM improvement, increasing margins over 10%.
Facilitated finance model for 2 reductions in force, reducing staff by over 100 members saving $15M annually.
Lead team in M&A, investment and business integration activities, divesting in a business losing $10M a year.
Senior Finance Manager, Optical Communications Division
Drove monthly forecast and annual operating plan for division ($600M revenue, $320M OPEX).
Finance integration leadership on acquisition integration of Picolight ($50M revenue, 120 employees) into all finance systems and functions.
Previous work experience (Permanent and Contract)
Alza Pharmaceuticals - Finance Manager; Apple - Finance Consultant; Cisco - Finance Consultant; Sun Microsystems - Finance Manager
SOFTWARE EXPERIENCE
Oracle 11i and 12 Financials, Microsoft Office, Peoplesoft Financials, Hyperion Essbase, Hyperion Pillar, Hyperion Planning, SAP, Peachtree, Brio, Great Plains, Salesforce.com, Data Warehouse Tools and many other financial systems.
EDUCATION
MBA, Saint Mary's College, Moraga, CA.
BS, Business Management, Golden Gate University, San Francisco, CA.