Gavin Froehlich, CPA, CMA
rd
Avenue, Vancouver, BC V5S 1W6
Cell: 604-***-****
Email: adcu65@r.postjobfree.com
PROFILE
An analytical thinker with strong numerical aptitude, who oversees the day to day accounting of a multi-national public company. A hands on financial professional with a strong work ethic, integrity, strong interpersonal and communication skills, who can complete tasks in a timely and efficient manner. A team player with experience in mergers and acquisitions, financings, corporate restructuring, financial reporting and operations in the Hi-Tech industry.
SPECIAL SKILLS
Experienced with International Financial Reporting Standards (IFRS) and U.S. GAAP
Financial statement preparation and analysis
Financial business planning and variance analysis
Simply Accounting, ACCPAC for Windows, Navision and Great Plains Software
Public company reporting requirements (Canadian and U.S.)
Working knowledge of revenue recognition for software companies
M&A experience
PROFESSIONAL EXPERIENCE
Intrinsyc Technologies Corporation, Vancouver BC 2008 - Present Director, Finance
Responsible for financial reporting for up to six (7) entities globally including operations in UK, China, USA, Canada, Israel, Taiwan and India
Manage treasury, cash flow management and banking relationships
Prepare monthly financial reporting package (including consolidated financial statements) for senior management
Assist the CFO in the preparation of financial models and annual budgets
Manage all Canadian public company securities filings
Develop and implement internal controls policies
Responsible for compliance with all tax filings and other statutory requirements
Liaise with auditors on year end review
Manage Finance department of two (2) people
Oversaw the transition from Canadian GAAP to IFRS in 2010-11
Responsible for human resources function including: updating Company’s policies and procedures manual and liaising with benefits providers
Assisted CFO in the restructuring of the Company in 2008-09 MAKE Technologies, Vancouver, BC 2007 - 2008
Director, Finance
Responsible for corporate finance function including financial reporting as well as maintaining the Company’s Minutes Books
Managed treasury, cash flow management and banking relationships
Prepared financial models and annual budgets
Managed contract process (including sales contracts, partner contracts and NDA’s)
Reviewed Company’s sales and revenue recognition policies
Developed and implemented internal controls policies
Responsible for compliance with all tax filings and other statutory requirements
Liaised with auditors on year end reviews
Responsible for preparation and timely submission of annual SR&ED claims
Oversaw the closing of $1 million debt financing
Responsible for managing IT department of two (2) people Infowave Software Inc., Burnaby, BC 2001 - 2007
Controller
Responsible for corporate finance function including financial reporting and forecasting, restructuring and treasury
Managed all public company securities filings (Canadian and U.S.)
Assisted the CFO in the preparation of financial models to forecast the business and evaluate strategic alternatives
Implemented and monitored cost cutting initiatives during a restructuring initiative which resulted in significant reductions in operating costs and burn rate
Performed extensive review on Company’s sales and revenue recognition policies
Managed treasury, cash flow management and banking relationships which allowed Company to meet its quarterly cash targets
Reviewed and renegotiated all insurance policies which led to significant cost savings
Liaised with auditors on quarterly and year end reviews
Developed and implemented internal controls policies with respect to financial processes to ensure Bill 198 compliance
Assisted CFO in the acquisition of three companies in a six month period
Prepared due diligence materials for several corporate financings
Supported CFO in executing corporate reorganization whereby the Company monetized redundant tax losses for $6 million in non-dilutive cash proceeds
Responsible for human resources function including payroll, updating Company’s policies and procedures manual, preparing offer letters, liaising with benefits providers
Promoted three times during tenure at Infowave:
Accounts Payable Clerk to Corporate Accountant (May 2002)
Corporate Accountant to Manager of Finance (March 2003)
Manager of Finance to Controller (August 2005)
Registrars.com, Vancouver, BC 2000 - 2001
Senior Accounts Payable Representative
Responsible for the accounts payable and treasury functions
Supported Controller during acquisition of Registrars.com
Assisted Senior Accountant in the preparation of monthly financial statements
Managed treasury, cash flow management and banking relationships
Liaised with suppliers to ensure best terms were given
Negotiated debt settlements with vendors which led to significant cash savings EDUCATION
2003 Chartered Professional Accountants of British Columbia (formerly CMABC) - Certified Management Accountant Designation
1999 British Columbia Institute of Technology - Diploma of Financial Management 1997 University of British Columbia - Bachelor of Political Science PROFESSIONAL AFFILIATION
Member of Chartered Professional Accountants of B.C. (CPABC) since 2003 (formerly Chartered Professional Accountants of British Columbia) VOLUNTEER
CircusWest Performing Arts Society 2016 - Present
Board of Directors (Treasurer)
Responsible for preparing annual budget
Present financial results report for monthly meetings of the Board of Directors
Work with management to develop internal policies and processes
Chair of the Finance, Audit & Risk Committee