Peter Felesina

Santa Monica, CA 310-***-**** ad4ig4@r.postjobfree.com www.linkedin.com/in/peterfelesina Head of Accounting and Finance

“Maximizing profitability via strategic financial planning, regulatory compliance, and account reconciliation.” Dynamic and resourceful professional with hands-on experience in developing and integrating accounting and financial reporting functions across Software as a Service, manufacturing, nonprofit, and startup firms. Excellent collaborator; interacting with stakeholders and gaining buy-in with a focus on financial benefits, productivity, and cost for each initiative. Instrumental in increasing revenue growth and profitability by identifying investment opportunities, conducting margin analysis, and reforming the budgeting process. Impactful individual; executing financial project vision while accomplishing complex milestones and adapting to changes. Financial Accounting External Audits Revenue Recognition Mergers and Acquisitions Internal Controls Cash Flow Optimization Project Management Regulatory Compliance Forecasting and Reporting Cost Reduction Tax Planning Profit Margins Process Improvement Team Leadership PROFESSIONAL EXPERIENCE

TOMS Los Angeles, CA 2023 to Present

Controller

Responsible for all aspects of the monthly financial package and all accounting and finance operations including AP and AR, treasury, account reconciliations, accruals, budgeting and forecasting. Mentor and develop finance team members to foster a culture of excellence and accountability. Prepare and analyze monthly, quarterly, and annual financial statements in accordance with GAAP.

Secured a new $50M Line of Credit by pinpointing potential growth areas and through pragmatic forecasts involving a Going Concern memo, 18-month forecasts for P&L (Profit and Loss Statement), and a balance sheet in cooperation with executive management.

Minimized receivables over 60 days (50%) and improved cash flow and accessibility to Line of Credit through setting up meetings between sales executives and the accounts receivable department to establish specific goals and focus areas.

Managed treasury operations while developing an efficient 13-week cash forecast and bank reporting in partnership with bank representatives to rectify reporting discrepancies and bolster relationships with the bank and stakeholders.

Brought a reduction in the close process duration from 12 days to 6 days that facilitated easier review and documentation accessibility.

DLC Los Angeles, CA 2020 to 2023

Accounting and Finance Consultant

Worked with clients that included: Wonderful Company, Encore, and Oneida Hospitality for a professional services firm that helped companies drive transformation and growth.

Developed margin analysis reports to help management better deal with pricing and obsolescence issues.

Determined revenue adjustments for ASC 606 adoption while ensuring a clear understanding of financial impacts and facilitating the seamless transition.

Functioned as Interim Controller/VP Finance. Developed written procedures for all department tasks.

Drafted white paper for ASC 842 Lease Accounting Adoption. Performed ASC 842 analysis to identify embedded leases for all entities. Implemented and documented all changes. SAVIYNT El Segundo, CA 2019 to 2019

Consultant

Conducted rigorous account reconciliations to sustain the accuracy and integrity of financial data. Optimized cost allocation precision and financial clarity while reorganizing payroll expenses to allocate related costs to respective departments.

Performed audit preparation and worked on implementation of Financial Force software. Updated last three years' financials to conform to GAAP.

Provided a structured framework for efficient financial management by crafting a tailored Chart of Accounts.

Adhered to ASC 606 standards by adjusting revenue recognition methodologies, guaranteeing compliance and transparency in financial reporting.

Peter Felesina Page 2

CENTRALSQUARE TECHNOLOGIES San Diego, CA 2018 to 2019 Controller

Employed cost control measures and identified opportunities for cost savings across the organization. Maintained internal controls to safeguard company assets and guarantee compliance with regulatory requirements.

Streamlined various operations associated with financial planning, budgeting, accounting, and reporting functions while overseeing the financial operations of a $400M Public Safety Software Company.

Led various aspects of the ASC 606 implementation process, including: o Formulated communication plan and adoption timeline to sustain alignment across departments. o Conducted technical analysis, such as determining POBs (Performance Obligations) and establishing SSP (Standalone Selling Prices) to facilitate accurate revenue recognition. o Drafted whitepapers and policies to provide guidance and ensure understanding of ASC 606 requirements. o Crafted financial disclosures to reflect the impact of ASC 606 adoption on financial statements. o Devised operational solutions to support compliant revenue recognition processes. o Engaged with stakeholders and external auditors to validate compliance with ASC 606 standards. DDN STORAGE Chatsworth, CA 2017 to 2018

Controller

Led financial operations, including reporting, treasury management, cost accounting, revenue recognition, transfer pricing, and strategic planning for the foremost provider of big data storage solutions to data-driven global enterprises.

Warranted alignment with organizational objectives and fostered continuous improvement by directing the supervision and professional growth of a skilled team of 25 professionals.

Collaborated with department heads to identify opportunities for cost reduction involving revising corporate flight and hotel booking policies, resulting in a targeted 10% reduction in travel expenditures. iRise El Segundo, CA 2012 to 2017

VP of Finance/Acting CFO

Led the development of a team of over eight professionals while overseeing finance, accounting, tax compliance, investor relations, human resources, strategic planning, and administrative operations for the prototyping software that redefined the market landscape.

Strengthened reporting and forecasting capabilities by revamping the revenue recognition process, culminating in a reduction of 16 man-hours per month.

Implemented transformative changes to contract approval and recording procedures while automating approval workflows and restructuring the database housing contact information.

Reformed the budgeting process to integrate with the general ledger system and revenue recognition process, resulting in an elimination of eight man-hours per month.

PREVIOUS CAREER ROLE

Controller, Apriso 2009 to 2012

Controller, Peerless Systems Corporation 2006 to 2009 Director of Finance, JAKKS Pacific 2003 to2006

Assistant Controller, Westfield Corporation 2000 to 2003 Financial Projects Manager, Hines Interests Limited Partnership 1997 to 2000 Finance and Administration Manager, International Game Technology 1990 to 1997 Auditor, Grant Thorton 1984 to 1986

EDUCATION AND PROFESSIONAL DEVELOPMENT

MBA (Finance), San Diego State University

Bachelor of Science: Accounting, University of Nevada Certified Public Accountant (CPA), California Board of Accountancy Certified Management Accountant (CMA), IMA

TECHNICAL PROFICIENCIES

Excel, PowerPoint, Word, MS Dynamics 365, Oracle 11i, JD Edwards, NetSuite, SAP, OpenAir, QuickBooks, Salesforce