TIM D. BINT

**** ****** *** *****, ****, TX ***20 626-***-**** acxipo@r.postjobfree.com

CFO / Controller - VP of Finance

Revenue & Profit Growth / Audits / Cash Management / Financial Analysis & Reporting / SOX / Tax / M&A / GAAP Accounting / Startups / Turnarounds / FX / ERP / Negotiation / IPO / International

From Fortune 100 to startup environments, developed game-changing strategies to drive rapid growth, optimize cash flow, reduce costs, increase profits and maintain compliance. Devised and executed strategic growth plans that increased competitive advantage, profitability and shareholder value for multi-national, private and publicly-traded corporations. Significant experience priming firms for growth and exit strategies via IPO or buyout.

Whether evaluating investment opportunities, conducting internal audits, implementing/converting accounting systems or reengineering processes, can lead and contribute to a company's financial objectives by:

Identifying and seizing upon profitable business opportunities

Building and driving organizations to peak performance

Aligning personnel, systems and processes to positively impact the bottom line

Achieving results by taking long-term view of business goals and objectives

Functions not just as a finance technician but as a real difference-maker. Seasoned strategist who finds financial and business solutions in troubled times and organizations. Proven ability to think creatively, articulate effectively, build consensus and forge trusting and profitable relationships both internally and externally.

MBA, Finance/Innovation, The Peter F. Drucker School of Management, Claremont Graduate School (studied directly under Drucker), and BS, Business Administration/Accounting, Texas Tech University, Summa Cum Laude/Highest Ranking Business Graduate.

Selected Accomplishments

Built Legalzoom human, finance and IT infrastructure to support IPO. Firm lacked formal finance function. Developed revenue recognition model. Upgraded financial ERP package. Completed 9 audits with no material exceptions. Grew finance team from four to 35 with professionals qualified to take firm public.

S-1 filing paves way for successful Private Equity buyout. Legalzoom shareholders wanted S-1 filing for IPO. Directed finance-team efforts to prepare initial S-1 filing, but company pulled IPO on listing day. Next coordinated due diligence process leading to sale of majority of preferred/common shares to new private equity owner.

Innovated niche service, boosting subscription sales to 40% of total revenue. Legalzoom needed to increase business. Developed and implemented subscription program linking customers to attorneys. Charged monthly fee for which attorneys would provide basic/additional discounted services. Company retained 90% of fee.

Spearheaded Legalzoom expansion to UK and future international growth. Legalzoom wanted to be global leader in online legal services. Established Malta tax-preferred entities to support UK business. Created banking structure, FX management and merchant card processing. Just completed 5M GBP annual cash flow acquisition.

Played key role in rebuilding SCE capital structure and avoiding bankruptcy. Company had $6B in bills and no cash reserves. Provided daily cash forecast for strategic planning. Developed new banking platform. Negotiated temporary rate increase to generate cash. Obtained $5B line of credit. Paid all creditors. Never missed payroll.

Guided fledgling high-tech from startup to positive cash flow. Engaged by CEO of streaming internet studio to build GAAP financials. After transforming financials, solicited investors, created and presented investment package, generating several rounds of cash investments. Enabled content creation to produce self-sustaining cash flow.

Directed and delivered $200M project transitioning SOX controls for ERP system. SCE elected to replace 175 systems with SAP system. Redesigned SOX controls to match new workflows. Implemented ERP on time and within budget. Annual financial and SOX opinions were unqualified with no major exceptions, pleasing auditors.

Designed ARCO’s PayQuick cash/debit card kiosks, increasing gas sales 10%. Mini-mart stations were experiencing flat growth. Formed team to develop cash receiving terminal at the pump. Trademarked new device allowing for payment via debit card and cash. Reduced the time at pump 15% and increased station gas sales.

TIM D. BINT PAGE 2

Led ARCO Corporate Treasury, seamlessly managing $4B in daily cash flows. Company operated in 30 countries with network of 600+ bank accounts. Managed thousands of daily global crude oil and retail gasoline transactions with no misdirected funds transfers, unnecessary ST borrowing or un-invested overnight funds.

Managed new office purchase, gaining $1M in cash incentives from State of Texas. Legalzoom sought to relocate. Performed lease vs. buy cost benefit analysis, determining purchase was better option. Negotiated $22M loan and interest rate swap. Installed solar power system, reducing electric bill 15%. Obtained state funds for move.

Career History

Legalzoom.com, Inc., high-tech, private equity-backed firm providing high-quality, low-cost legal services online.

VP Finance, 2010-present. Officer responsible for M&A, GAAP reporting, period-end accounting closes, 401k administration, insurance/risk management, budgeting, treasury and debt administration, revenue planning, accounts receivable, accounts payable, company-wide payroll for 1,000 employees, fixed assets, pre-SOX controls, and sales tax compliance. Managed $4M budget.

Led first-ever dividend distribution/stock purchase in conjunction with issuance of $250M secured financing.

Performed valuation analysis, due diligence and contract negotiation in support of mergers and acquisitions.

Responsible for company’s risk management program, including negotiation of all lines of insurance protection.

Serve as plan administrator and investment officer for company’s 401k program. Senior management member of Audit Committee responsible for managing ongoing relationship with external auditors for financial audits.

Led efforts to implement JDE Enterprise One ERP accounting and budgeting system.

Senior Director, Treasury and Revenue Reporting, 2009-2010. Managed daily treasury and banking operations, including liquidity planning and cash forecasting. Responsible for developing and implementing proper GAAP revenue recognition treatment for all products and services sold through multi-element (bundled) arrangements.

Implemented first $10M line of credit and procurement card program.

Retroactively calculated proper GAAP revenue treatment from 2001 through 2009 audit years.

Responsible for designing initial SOX control processes in preparation of going public.

Southern California Edison (SCE), $12B global leader in regulated generation and transmission of electric power.

Senior Manager, Internal Controls & Compliance, 2007-2009. Appointed by finance executives to lead company-wide effort to transition existing Sarbanes-Oxley (SOX) controls for ERP System (SAP) being implemented. Managed team of 11 employees and 5 consultants to ensure all key financial, IT, and operational controls were fully documented and tested prior to the .go live. implementation date.

Sr. Treasury Manager, 1997-2007. Responsible for company-wide cash management, working capital strategy, short and long-term cash investing, borrowing, cash concentration, cash forecasting and liquidity planning, credit facilities, letters of credit, bank reconciliations, EFT payments, external financial statement filings and lender and bank relationships. Managed $4B budget and ten staff.

Negotiated $5B, five-year syndicated credit facilities as borrowing backstop.

Designed/implemented $1B commercial paper program as part of post-crisis capital restructuring/liquidity plan.

Managed $2B letter of credit program in support of power procurement collateral requirements. Served as member of risk management committee to evaluate credit risks of energy trading counterparties.

Director – Treasury, WesCorp, 1997. $12B corporate credit union, providing investment services for 900 member credit unions. Managed short-term liquidity, $3B in short-term investments, bank lines of credit, commercial paper program and cash management functions for corporate division.

Finance Manager, Atlantic Richfield Company (ARCO), 1993-1997. Responsible for global cash management, electronic funds transfer, foreign exchange program and cash forecasting processes averaging $500M daily. Managed $350M letter of credit program. Developed and administered $6M annual bank compensation budget. Previous Positions held at ARCO: Financial Consultant – Treasury; Senior Financial Analyst – Financial Planning & Analysis – AM/PM Store Marketing; Senior Analyst - New Financial Systems; Financial Accountant – Consolidations; and Accounts Payable Supervisor - (Trans-Alaska Pipeline System).

Volunteer/Advisor, Academy for Business Leadership (ABL), 1997-present. This non-profit selects 300 to 500 inner city high school students each summer and places them on six college campuses in Los Angeles. Board advisor, student mentor and classroom speaker regarding business plans, presentations to VC firms and on general business techniques. Leveraged business contacts in banking and investment community to raise funds.

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