MICHAEL IRVING, CPA, FCIS

EDUCATION

La Trobe University, Melbourne

Bachelor of Economics, Majors in Accounting, IT and Law

Australian Graduate School of Management

Short Form MBA in Corporate Management

TECHNICAL SKILLS

SAP, S4/Hana, Fiori, SUN, Infor, NetSuite, Oracle, ADP, Bioprocure, labsteps, Yardi Voyager, Argus, Dynamics, Sage, Concur, Blackline, Visio, Salesforce, UiPath, Tipalti, Expensify, QuickBooks, Bill.com, Microsoft Word, Excel, PowerPoint, BOX

PROFESSIONAL HISTORY

VARIOUS CONSULTING ENGAGEMENTS January 2015 to Present

ENTERPRICEDB Engaged by the CFO. A Bain and Company subsidiary. Performed business partner audit of the 2021 Accounts.

INCLIN. Engaged by CFO. Business Process Review of CRO Operations involving an Oracle Fusion Life Science implementation.

DLA ACCOUNTING- Engaged by Managing Partner New England. Consulting Corporate Controller for ARK-Invest including a Workday implementation, Lease Accounting for Wheels Up Private Jets and Year End Audit support for Lux Research.

INARI AGRICULTURE. (CRISPR Agriculture - A Flagship Pioneering Company)

Engaged by the CFO. Consulting Corporate Controller, Month End Close, Year End Audit and Financials, Corporate Tax and Restructuring.

COVIS PHARMACEUTICALS, Cambridge, MA (Contract through Planet Professional, February 2021 to May 2021)

Director of Revenue, Gross to Net and Order to Cash Activities for North American Operations.

SHERLOCK BIOSCIENCES, INC- Corporate Controller (June 2020 to October 2020)

CRISPR & EUL COVID19 Test Kits

Corporate Controls, Finance, Accounting, Grants, CRISPR Experienced and Implemented Oracle Fusion ERP Finance Module.

ULTIVUE, INC – Corporate Controller (February 2020 to Jun 2020)

Research and Manufacturing Life Science Group

Corporate Controls, Finance, Accounting, Year End Audit, Year End Tax and Updated the NetSuite ERP System.

TCR2 INC. Accounting Consultant (November 2019 to February 2020)

Clinical Trials, CRO’s and Process Excellence. Controlling, Month End Close, Improving Procurement and AP processes, redesigning FP&A for CRO’s and Clinical trials.

MODERNA – Senior Accounting Manager, Finance Process Excellence (March 2019 to November 2019)

Documented existing S4/Hana Fiori and New Asset Accounting Business Processes

Recommended and made changes that improved business processes with the goal that processes be a part of S4/Hana Fiori and no longer be paper documents with business and SOX controls becoming internal to S4/Hana Fiori with the ultimate goal of 100% compliance and full automation

ISUBSCRIBED/INTRUSTA – Corporate Controller/Finance Director (September 2018 to March 2019)

General accounting, revenue recognition, financial systems assessments, implementations and validations for Hari Ravichandran’s second-generation technology startup in the antivirus and digital protection markets

WAYPOINT GROUP OF ASSET MANAGEMENT AND LIFE SCIENCE INVESTMENT BUSINESSES

ARCADIA HEALTHCARE SOLUTIONS – Senior Accounting Professional (January 2018 to May 2018)

Identified and implementing process improvements in accounting, revenue recognition, sales tax and business systems for a software company who manages health information cloud solutions for over 35 million patients and 50K medical providers and hospitals; reduced sales tax liabilities from $1.5 million to nil

CONVERSE / NIKE – Senior Accounting Consultant (January 2016 to December 2017)

Worked with the Global Director of Process Excellence to identify and implement financial efficiencies in global SAP systems and automate interfaces to AP, GL and AR

Managed Converse’s Sales and Use Tax Audits in MA, FL, CA, NY, TX and NC and was successful in reducing liability. System upgrades including POS systems enhancements for chip cards

THE DAVIS COMPANIES – Corporate Controller (January 2015 to December 2015)

Technical hands on accounting and team management – consolidations, complex tax returns, reforecasts, refinancing, sales and acquisitions

Upgraded Yardi, implemented Yardi Fixed Assets, expanded Yardi Job Cost

REIT MANAGEMENT AND RESEARCH LLC, Boston, MA May 2013 to October 2014

Privately held Asset Management Company

Accounting Manager, Manager Fixed Assets

Managed the Fixed Asset Department of 5 listed REIT’s, partnerships and family businesses comprising 1,700+ prime commercial properties worth over $23 billion.

Upgraded the Yardi ERP system and implemented the Argus ERP System.

Prepared Acquisition, Impairment and Environmental Analysis and Reports for GAAP and SEC reporting requirements. FPA, budget and ad-hoc reports for the CEO, COO, various investors and boards.

SHIRE PHARMACEUTICALS, (Global Manufacturing Pharmaceutical Group) Boston, MA April 2010 to May 2013

Consultant - Fixed Assets and Construction Accounting with General Ledger, Royalty and Reporting Roles

Responsible for approximately $1 Billion of Fixed Assets and $800 million of construction projects, involving the review and approval of all capital spends, reporting, multiple SOX processes owner, internal and external contact point for auditors, project management, impairment process owner and the production and distribution of Capex Reports

Daily interaction with the CEO, Heads of Facilities, Manufacturing, Supply Chain, IT, QC, Research and Development

IRS cost segregation for all construction builds which generated $100+ million of additional tax deductions

Preparation and monitoring of $50+ million of public grants from the MLSC

Responsible for orphan diseases drug royalties and for quality control of all orphan diseases drug invoices

Implemented a SAP Fixed Asset module and its subsequent upgrades in a $30+ million SAP upgrade and implemented a SAP GuiXT solution that updated many thousands of transactions which has reduced operator data input time by 200+ hours per week

Key achievements were that during the first 12 months the Fixed Asset function received recognition from the Group Audit Committee and later we achieved a 100% inventory rate for $1+ billion of fixed assets

EP COMMODITIES GROUP, (Hedge Funds) Boston and Las Vegas August 2008 to April 2010

Chief Financial Officer and Assistant Company Secretary

Financial responsibility and control of multi-site accounting departments, with responsibility for the monthly, quarterly and annual accounting functions for the entire Group covering all special purpose funds, ventures, LP’s and other entities

Month, Quarter and Year-end responsibilities for all accounting functions, for companies, partnerships, trusts, foundations, funds, projects and manufacturing operations

Preparation and lodgment of statutory filings, and designed and upgraded SOX processes

Established structures in the Cayman Islands

Construction and job cost accounting for manufacturing plants and low-income housing constructions in the USA

VENRO CORPORATION, (Hedge Funds), New York, NY August 2006 to August 2008

Controller and Company Secretary

Responsible for all accounting functions with responsibility for monthly, quarterly and annual functions for an international Hedge Fund group which focused on petroleum and related products which included revising systems and reducing month-end close by 5 days

Continually reviewed financial and management reporting to ensure compliance with the latest GAAP, IFRS and international accounting requirements

Created efficiencies by mentoring and training finance personnel in the international offices and managing 25+ accounting personnel in the US, Asia, London and Latin America offices

Implemented new systems and models that significantly improved the financial analysis of various funds and production operations

Established structures in the Cayman Islands

M5 - PUBLIC ACCOUNTANTS, New York, NY January 2000 to August 2006

Boutique firm with focus on software, media, government, hedge funds and banking sectors

Senior Manager, Finance and Accounting

Performed public accounting for established businesses, start-up’s, governments, banks, financial institutions and non-profit organizations with an emphasis on financial statements, mergers, acquisitions, divestments, restructuring, efficiencies and capital raising

Presented on behalf of the Australian equivalent of the SEC on e-commerce, revenue recognition and associated issues

Team Leader and responsible for all accounting, budgets, filings, forecasts and complex accounting issues for the $100 million Two Way Television IPO which involved royalties, rights and gaming regulations generating $3+ million in fees

Appointed as acting CFO for the Firms Investorweb client with a focus on reporting, reducing revenue recognition issues and restructuring its extensive online broking and research operations including the realignment of its funds management operations and the reporting for $2 billion of funds under management

Continually reviewed clients SEC filings, SOX compliance, treatment of Revenue Recognition and their application of SOP 97-2, VSOE, FAS 123R, EITF and other pronouncements

Changed systems and procedures for 5 key software clients resulting in successfully removing all Revenue Recognition issues from multiple delivery, maintenance and cross border contracts which included mentoring sales staff on how to resolve revenue and deliverables issues without changing year-end revenue, all obtained sign-off by auditors

Introduced new Revenue Recognition systems for 3 new start-up software clients with complex rights contracts with Sony, Universal, Warner Music, Warner Movies, Setanta Sports, Orange, and O2 which resulted in no change to the recorded year-end revenue with sign off by Ernst & Young, Wolf Block and Fish and Richardson

Took control of a messy financial situation and successfully established systems, financial reporting, policies and procedures and the corporatization of the Samoa Government Telco and Postal operations which involved system upgrades, accounting and reporting templates and considerable training and mentoring of local staff

Real Estate developments in the Pacific, Caribbean and USA and worked with the Dworman Corporation in NYC

Leader of teams on 5 client engagements for startups where we established FP &A, financial systems, developed the reporting requirements, implemented SOX compliance, managed the HR and legal functions and worked with the CEO’s as the senior finance resource. I employed, trained, mentored and developed the finance teams and then successfully completed each engagement by employing full-time CFOs

KMART/COLES/MYER, New York, Australia July 1993 to January 2000

Large Top 10 retailer, multi country, multi-site, owned 25% by Kmart with $25+ billion turnover and 150,000+ employees

Divisional Controller, Assistant Company Secretary and Manager Group Company Secretariat

Divisional Controller for Corporate entities and Assistant Company Secretary with responsibility for all accounting of Risk Management, Share Registry, Investor Relations, Shareholder Discount Plan, Catalogue Printing, Coles Myer Ansett Travel, Employee Share Plan, Coles Myer Multi Media and the Coles Myer Foundation

Responsible for the filing of all statutory accounts for the entire group with the SEC and various regulators and exchanges around the world, SOX and all technical accounting/disclosure matters; the position had 8 direct reports

Given the responsibility by the board to be an expert witness to the Australian Senate on financial reporting, corporate governance, related party transactions, SOX compliance, e-commerce which resulted in the group recommendations being accepted which significantly reduced compliance costs

Key team member of the $2.5+billion share buyback and $2+ billion capital reduction and the later sale of $500+ million of tax credits to Barclays UK

Responsible for the establishment of the $150 million Coles Myer Employee Share Plan for 100,000 employees which delivered significant remuneration savings

Saved millions of dollars in audit costs and significantly reduced the annual accounting burden by obtaining an exemption from the Securities Commission which removed the need to produce statutory accounts for subsidiary companies

Significantly increased efficiencies for the group by working with the Group Finance Director and obtaining many amendments to many draft pronouncements which would have had significant effects on reported profits and increased the costs of compliance

Additional responsibilities included the preparation of board papers, company secretary duties, minutes, shareholder management, Investor Relations and responsible for financial reports lodged with NYSE, SEC, ASX and LSE and reports sent to shareholders and became the direct contact point for Kmart Corporation

Reduced the group month end close by 3 days by successfully restructuring all group entities, establishing common charts of accounts, reports and implemented SAP and other systems

Successfully ensured that all accounts complied at all times with the latest GAAP, IFRS and other pronouncements

Became responsible to brief external lawyers on complex accounting and finance issues and to receive legal sign off for the various boards of directors and to ensure there were no changes at year end audit

Introduced revenue recognition systems for software sales of new Point of Sale software (the beginning of touch screen POS) for the group software division of 10,000+ employees which had zero issues and were signed off at year end by PWC

Responsible for the divestment of the groups 33% investment in Computershare (one of the largest international share registry and stock exchange system software providers), managed complex issues relating to valuation and IPO for multiple listings all of which were signed off by external auditors, lawyers and stock exchanges and delivered a return on the investment above expectations

Responsible for introducing a shareholder discount card which increased sales by 3%

Eliminated fraud on dividend checks and reduced costs by introducing bank checks

Given the responsibility to sit on the board of a joint venture shopping center development of $750 million which led into a key role in the ultimate divestments of many parts of the group’s $5+ billion property portfolio

Responsible to the CEO to establish internet proxy voting, webcasting of shareholder meetings and CEO presentations

ARTHUR ANDERSEN, Australia February 1984 to July 1993

Senior Manager

Senior Manager with extensive audit, accounting, tax structuring and project management in the retail, property, banking, finance, not for profit and property sectors

Given responsibility to work on the restructure of the Myer Group which was the largest client which involved restructuring many subsidiary companies, advice on efficient corporate structures, voluntary liquidations, integration of assets, personnel and systems and submissions to state governments for millions of dollars of tax relief on the restructuring

Contact this candidate