VP Controller

Operationally focused finance executive with experience in financial reporting including SEC, IPO, SOX, M&A’s, startups, and public companies. Biotechnology (Pharma), Manufacturing, Oil & Gas, Green Technology, Internet and Government Contractors. A value-driven manager who combines big-picture perspective with hands-on engagement to support growth and enhance profitability.

Prepared SEC filings including S-1, 10-K, 10-Q, MD&A and SEC comment letters.

Implemented SOX, ASC 606, ASC 842, ASC 470, ASC 805 and ASC 718.

Due diligence for transactions and liquidity events, including an IPO and $23 million private equity raise.

Remediated SOX deficiencies and implemented process improvements and ERP implementations.

Led inventory reduction project yielding $7 million for an aircraft cargo systems manufacturer and MRO.

PROFESSIONAL EXPERIENCE

VP., Corporate Controller Armata Pharmaceuticals 2023-2024

Clinical-stage biopharma research and development (public)

Drafted financial statements, supported 10K and 10Q filings

Drafted and presented BOD and AC materials

Supported Proxy preparation and Annual Shareholder meeting

Managed cash and performed Treasury function

Remediated 404 deficiencies, internal and external audit support

Managed external relationships including banking, internal, external auditors, and vendors.

Managed month-end close, coordinated and supported budget preparation

Reviewed CRO accruals and collaboration partner billings.

Integrated AP automation with GL accounting (Sage Intacct)

Interim Controller 2019-2023

Cidara Therapeutics Inc., clinical-stage biopharma: As interim controller, led filing Q2 2021 10Q, including review of collaboration revenue arrangements under ASC 606, clinical trial accounting, prepaids and accruals for CMO contracts. Recommended process improvements and documentation.

IJ Research Inc., precision high-tech manufacturer: Consulting Controller, post-acquisition conversion to GAAP accounting. Implemented purchase accounting and automated AP processing.

Walker Digital Table Systems, international gaming: Consulting Controller, audit prep for an exit transaction, rationalized and consolidated data from foreign subsidiaries, corrected balance sheet presentation of material liabilities, addressed equity accounting issues.

Appdiff Inc., SaaS: Consulting Controller, In preparation for a significant capital raise, reorganized chart of accounts and financial statement presentation, cleaned up general ledger, identified fraud.

Boss Audio, national online electronics retailer: Consulting Controller, Brought into compliance with national sales tax regulations post-Wayfair. Aligned sales reporting to support external tax reporting.

Controller, ArmaGen Inc. (employee 2017-2020, now part-time) 2017-current

Clinical-stage biopharma research and development company (division of JCR Pharma)

Prepared GAAP and management financial reporting; accounting for clinical trials, CMC, collaborations.

Created budgets, forecasts, and spending controls. Executed Treasury function.

Reorganized purchasing system and contract management.

Implemented ASC 606, ASC 842, ASC 470. Performed ASC 718 accounting.

Prepared R&D and orphan drug tax credit filings. Prevailed in IRS audit.

Managed external relationships including banking, tax, financial audits, IRS audit, and IT consultants.

Prepared due diligence for capital raise and sale. Managed Cap table. Supported 409A valuations.

Continued support of ArmaGen since its 2020 acquisition by JCR Pharma.

Senior Consultant, Edward Thomas, and Associates 2011-2015

Fulham Electric Inc. (2014-2015), $60 million sales, international electronics manufacturer and distributor, audit prep

Candor AGS Inc. (2014-2015), $200+ million sales, international food processor and distributor, audit prep

Intermedia Advertising Inc. (2012-2015), $70 million in sales, advertising, litigation support

Interim CFO, Russell Warner Inc. (2013-2014), $27 million sales, service industry, wind-up

TelePacific Inc. (2013-2014), $500+ million sales, telecom company, audit support: reorganized fixed asset controls system

Lee M. Bass Inc. (2012), due diligence and financial modeling for acquisition of film production and distribution entity

Interim Director, SEC reporting, Ceres Inc. (2011) late-stage biotech, supported S-1 filing leading to successful IPO.

Interim CFO Gridtest Systems Inc. (2011), EV charging technology startup, implemented financial systems & controls.

Interim CFO, Custom Built Metals (2011), $70 million sales, manufacturer, turnaround, and exit to private equity.

Vice President, Principal Accounting Officer, Applied Natural Gas Fuels Inc. 2009-2010

LNG manufacturing and sales, $20 million in sales (private equity backed)

Prepared 10-K and 10-Q filings, MD&A, resolved SEC comment letter issues. Implemented SOX.

Assisted with the successful exit from Chapter 11 proceeding and negotiated a $2 million credit line.

Created budgets, monitored results and reported variances, created a cost accounting model for pricing.

Increased AR turns by 25%, managed Treasury function and borrowing base.

Prepared board presentations, managed IRS audits, and provided support for audits.

Directed upgrade of accounting system, redesigned chart of accounts, and strengthened internal controls.

Implemented project cost accounting for major capital projects and led an out-of-state relocation project.

Controller, Soliant Energy Inc. 2008-2009

Pre-revenue startup, R&D solar technology manufacturer (venture funded)

Prepared GAAP financial statements, budgets and management presentations for board and VC investors.

Developed strategic plans, forecasts, and operational goals, and managed cash to meet burn rate targets.

Created financial metrics with narratives communicating issues and achievements.

Accounted for VC investments, and option grants under ASC 718. Implemented Epicor ERP system.

Managed external relationships designed and implemented internal controls and cost accounting.

Controller, Gevo Inc. 2007-2008

Pre-revenue startup, R&D biofuels company, government contractor (venture funded)

Prepared GAAP financial statements, budgets, and cash forecasts for management, board, and investors.

Developed strategic plans and operational goals, and managed cash to meet burn rate targets.

Created financial metrics with variance analysis and directed financial operations.

Helped raise a VC equity investment of $23 million and accounted for stock options grants.

Managed external relationships designed and implemented internal controls and cost accounting.

Pricing support for product commercialization. Qualified the company with the DCAA.

Negotiated $1 million construction project, managed relationships with economic development agencies.

Evaluated corporate relocation alternatives and led an out-of-state relocation project with zero downtime.

Interim Controller, Internet Brands Inc. 2006-2007

International multi-division internet media and marketing company, $80 million in sales (public)

Senior resource with a team that brought this company to a successful IPO.

Implemented ASC 718, supported ASC 740-10 analysis, and applied ASC 350-40 and ASC 985-605.

Performed ASC 805 valuations and ASC 350 analysis. Applied SEC Reg. S-X for certain acquisitions.

SEC issue resolution and compliance planning before IPO filing. SOX planning (1st tier reporting entity).

Performed accounting research and authored corporate accounting policies.

Prepared consolidated financial statements and management reporting. Supported external audit of three annual periods.

Interim Controller, Telair International Inc. a division of Teleflex 2006

International aerospace, manufacturer of cargo systems and flight controls MRO, government contractor, $80 million in sales (public)

Directed inventory reduction project yielding $7 million. Prevented divestiture of profitable business unit.

Enhanced new business profitability by 35% by recalculating overhead rates under standard cost system.

Co-authored an operating plan and forecasts. Monitored budgets and prepared variance analysis.

Pricing support for government and commercial RFPs. Supported DCAA audit.

Responsible for SOX compliance in this 1st tier reporting entity. Initiated Baan ERP upgrade project.

Directed financial operations, and prepared consolidated GAAP financial statements, tax returns, FAS 109, and management reporting.

Controller and Director, Information Technology, Wiggins Lift Co. 1998-2006

International custom forklift manufacturer, government contractor, $20 million in sales, (private)

Reduced inventory by $1 million, improved turns by 25%, and eliminated overdue deliveries.

Implemented Great Plains ERP system. Turnaround saved $200K investment. Trained and mentored staff.

Created and prepared KPIs, identified cost variances, and directed corrective action.

Pricing support for RFPs. Implemented electronic invoicing, payment, and contract reporting with DFAS.

Prepared GAAP financial statements, and tax returns and created the company’s information system.

Strengthened internal controls by implementing best practices. Performed internal audits.

Responsible for application support for Great Plains, IT system administration, upgrades. Led team of 5.

PRIOR EXPERIENCE:

Controller and IT Manager, Matthews Studio Equipment Inc. manufacturer (public)

Controller and IT Manager, Performance Materials Corp. composite materials manufacturer

Controller, International Division, Manufacturers Life Insurance Company. (public)

Assurance Senior, Richter, Usher & Vineberg LLP. (public accounting)

Staff Accountant, Cooper, Millson & Foster, LLP. (public accounting)

Accounting Clerk, RBC Dominion Securities. (public)

EDUCATION

Chartered Accountant, inactive (CPA equivalent),

Bachelor of Commerce, Accounting and Finance, University of Windsor

Bachelor of Arts, History, University of Toronto

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