Hands-on successful Controller and/or CFO.
Resume:
Don Belanger
***.*.********@*****.*** -best contact 954-***-**** Litchfield, NH
Hands-on Controller / CFO consistently dedicated to achieving best results for stakeholders in diverse businesses. Proven track record ensuring effective internal controls and GAAP compliance, increasing EBITDA and company values. Pursuing a new chapter, both professionally and personally after family passings. KEY ACHIEVMENTS
• Help increase company value via: (i) accurate data (ii) structure and process (iii) continual financial and operational performance analyses and improvements, EBITDA and Net Earnings growth (iv) risk management, safeguard assets
(v) finance, operations, and company evaluations and restructures (vi) successful internal and external collaborations.
• Adhere to COSO ICIF, D/FAR, GAAP, regulations, and statutes resulting in clean / unqualified external audits.
• Design, implement, perform, and manage consistently accurate and transparent full cycle systems including
(i) financial accounting (ii) managerial accounting (iii) reporting internal and external (iv) cash management
(v) compliances (vi) financial and operational controls (vii) risk management (viii) products and services pricing.
• Prepare and present consistently accurate GAAP financials, diverse analyses and plans to stakeholders.
• Authorized signatory to banking, compliances, contracts, financials, treasury.
• Function as a business partner increasing value with owners, chairpersons, boards, executives, investors.
• Broad experience: (i) B2B, B2C, U.S. govt contractors DoD and non-DoD, (ii) business and product concepts launches growth exits (iii) diverse businesses: aerospace, agriculture, childcare, U.S. defense, dispensaries
[medical and adult use cannabis, seed-to-sale, CA / ME / NV], distribution, eCommerce, manufacturing [production, prototype, and R&D of edibles, durables, satellite subcomponents, other products], real estate [brokerages, closings, investments, management], retail, SaaS, other services (iv) debt / equity raises $3MM $50MM per transaction
(v) revenues $4MM $150+MM per year (vi) divestitures and exits $9MM $144MM per transaction. (vii) M&A, UCC Article 9 enforcements (viii) domestic and international boards (ix) in Silicon Valley 19 years, Florida 5 years. PROFESSIONAL EXPERIENCE
PSMG, LLC Mexico, ME
Controller / CFO, report to Managing Member Jan 2024 - Present Real Estate investments and management [commercial buildings, residential apartments buildings]. Licensed medical cannabis seed-to-sale, caregiving, consulting, distribution, manufacturing, retail, CBD and THC products through multiple entities and locations.
• Implement and oversee comprehensive financial operations, including cash flow optimization, and internal control enhancement to maximize EBITDA targets up to 45% and protect company assets.
• Conduct internal audits to ensure and prepare accurate GAAP financials, along with precise managerial accounting, forecasting, and reporting. Domestic travel 50+%.
• Develop and enforce robust financial and operational policies and procedures to support organizational efficiency and strategic objectives. Prepare for a full exit, monetize all businesses and real estate investments. GPD Optoelectronics Corp. Salem, NH
Controller / Acting CFO, reported to Board Director / CEO Feb 2023 – Dec 2023 Designs and manufactures advanced photonic sensing components / subsystems / semiconductors for traditional and emerging markets in Aerospace, Biological, Defense, Industrial, and Telecommunications for commercial domestic, international, and U.S DoD customers.
• Streamlined financial and managerial accounting, ensured GAAP compliance, improved and performed treasury and precious metals inventory systems, effectively managed Accounting, Finance, HR, IT, Payroll, and safeguarded assets including international investments, and supported EBITDA growth by 12%.
• Recruited and hired skilled professionals for Accounts Receivable, General Ledger, HR Business Partner, and Payroll functions which enhanced departmental efficiency.
• Prepared monthly board financials, quarterly board meetings financials, analyses, and forecasts.
• Conducted internal audit of 2022 FYE financials. Corrected. Achieved a clean / unqualified external CPA firm audit.
• Collaborated on the company’s initial ISO 9001:2015, achieved ISO certification Aug 2023.
• Collaborated on U.S. CHIPS Act funding application. Successfully prepared, submitted, then accepted by NIST the
(i) Statement Of Interest, and (ii) Pre-Application. Conducted three post Pre-App. meetings with NIST based in WDC. P a g e 2 3
Don Belanger -continued
PSMG, LLC Atlanta, GA
Controller / CFO, reported to Managing Partner Jun 2011 – Feb 2023 Financial management from transactional accounting to business portfolio management of manufacturing and service entities [B2B, B2C, company / clients’ owned] in diverse industries throughout U.S.
• Managed financial operations, ensured GAAP compliance and supported EBITDA growth up to 60% through effective cost controls and revenue growth strategies.
• Implemented and oversaw comprehensive internal controls and audits, resulted in the protection of company assets and the maintenance of transparent financial accounting, including job and process costing.
• Directed operations oversight and treasury functions, contributed to the overall financial health and compliances of the organization.
• Conducted due diligence evaluations and audits for debt and / or equity financing $3MM $50MM per transaction.
• Performed, managed, and trained personnel on: (i) audits including cash flow, collateral, compliances, financials, inventory, operations (ii) Borrowing Base Certificates (iii) Thirteen-Week Cash Flow Forecasts. AOSense, Inc. Fremont, CA
Director Finance / Acting CFO, reported to Cofounder / President Aug 2016 – Dec 2017 Designs and manufactures cold-atom optic sensors and inertial sensors for precision navigation, gravity measurement, timekeeping and quantum computing for U.S. DoD, industrial, and scientific customers. Two divisions.
• Improved and managed administration, financial and managerial accounting, treasury, accurate indirect rates, robust inventory controls, precise iRAPT submissions, pricing, contracts yields [CPFF, FP, IRAD, RAD].
• Developed and delivered in-depth monthly financial reports, forecasts, and performance analyses for various contracts, two divisions, and the overall entity to the board of directors, facilitated informed decision-making.
• Liaised with CPA firm, DARPA, DCAA, and GSA on audits, compliances, ICEs, FBRs, PBRs, performance analyses.
• Converted ERP system from GCAS to Deltek CostPoint resulted in improved data accuracy and process efficiencies. Atypon Systems, Inc. [now a Wiley company NYSE:WLY] Global Headquarters Santa Clara, CA CFO, reported to Founder / Chairman Jly 2010 – Jun 2011 ePublish and eCommerce using SaaS and software products for domestic and international online professional and scholarly publisher clients.
• Optimized the financial infrastructure, enhanced internal controls and performance metrics, resulting in EBITDA growth by 25% across international offices in Czech Republic, England [a UK Ltd entity], Greece, Jordan [launched Nov 2010], U.S., and Atypon Exports [IC-DISC launched Sep 2010].
• Established and enforced GAAP and IFRS compliant financial statements, policies, and procedures to maintain domestic and international statutory compliances, and maximized FOREX transactions effectiveness.
• Increased investment and working capital funding through EBITDA growth and a new banking relationship.
• Collaborated on preparation of a strategic business plan for growth and potential future exit options. Acquired by John Wiley & Sons, Inc. [NYSE: WLY].
Inman Group, Inc. Alameda, CA
CFO / President / CEO, reported to Founder / Chairman Apr 2006 – Sep 2009 Inman News, Inc. Real estate website, eCommerce, media news service, and conferences for industry professionals. TurnHere, Inc. Startup online video producer for advertising and information content provider customers.
• Enhanced financial frameworks and operational efficiencies, leading to EBITDA growth by 30% and 55%.
• Conducted comprehensive evaluations of financial performance and market conditions to support sustained business expansion in an economic downturn.
• Overhauled IT and implemented a new website which substantially reduced production costs and increased revenue.
• Initially hired as VP Finance, promoted to President / CEO of Inman News, Inc. Oct 2006. P a g e 3 3
Don Belanger -continued
Signasys, Inc. San Jose, CA
Director of Finance / Acting CFO, reported to Cofounders, President Nov 2004 – Apr 2006 Engineering, manufacturing, and technology digital integration for the U.S. broadcast industry.
• Managed comprehensive financial operations including accounting, compliances, internal audit, procurement, reporting, taxation, and treasury functions, which ensured EBITDA growth by 35%, adherence to industry regulations.
• Developed and maintained accurate GAAP financials, budgets, pricing models, and rolling forecasts.
• Restructured, obtained a $4.5MM bank business line of credit and relieved cofounders of their personal guarantees. SRIC, Inc. Global Headquarters Menlo Park, CA
CFO / Treasurer / Controller, reported to Chairman, President / CEO Jan 2001 – Nov 2004 Global research, consulting, and publications on chemicals / petrochemicals and their global markets for commercial domestic / international, and U.S. govt DoD & non-DoD customers. Multiple divisions including life sciences.
[an SRI International owned entity]
• Successfully divested the company in 2004 to VSS a global private equity firm, following strategic enhancements that improved valuation and mitigated risks from a previous failed sale in 2000.
• Oversaw comprehensive management of all corporate functions, except scientific research, ensuring operational efficiency and EBITDA growth by 85% across offices in Beijing, Houston, London, Menlo Park, Seoul, Tokyo, Zurich.
• Prepared and presented (i) monthly Chairman reports (ii) quarterly board reports to SRIC and SRI International boards.
• Liaised with external audit CPA firm, DARPA, DCAA, and other government regulatory agencies [domestic, foreign]. Delfin Systems, Inc. [now an L3Harris Technologies, Inc. company NYSE:LLL] Headquarters Santa Clara, CA Senior Accountant, reported to CFO, Controller Jan 1998 – Jan 2001 High tech signal systems, engineering and integration services, manufacturing, reconnaissance computers, and R&D for U.S. DoD customers. Two companies in seven states.
• Supported a successful monetization process to Titan Corp. [NYSE:TTN] in 1999.
• Managed cash flow, bank credit line, and reported to Titan Treasury in San Diego, CA since company monetization.
• Collaborated with CFO and Controller to manage accounting and cash, ensured compliances and financial integrity.
• Liaised with DARPA, DCAA, IRS and states’ government agencies during compliances and performance audits. SKILLS SUMMARY
Business Growth and Management. Cash Management. Compliances of GAAP / Internal Policies / Regulatory / Statutory. Cost Accounting & Analyses. Divestitures / Exits. Financial Accounting / Modeling / Planning & Analysis / Reporting. Financial & Operational Controls & Audits. Improvements & Restructures. Managerial Accounting. Month & Year End Closings. Products & Services Pricing. Reconciliations. Risk Management. Team Building & Management. SOFTWARE
• ERP: Accounttech darwin.cloud. Appfolio. Deltek Costpoint. Epicor. GCAS. Infor Visual. Macola. Sage: 300, Intacct, QStock. Owned / conducted ERP conversions and new implementations: (i) performed cost vs benefits evaluations
(ii) created teams (iii) created and executed plans.
• Others: ADP. Drupal. Microsoft 365. Paychex. QuickBooks. Quicken. Sage 50. Shopify. ShopKeep. Unipoint [EQMS], Wave.
EDUCATION
Salem State University Salem, MA
Bachelor of Science in Business Administration, Accounting concentration, with honors Cum Laude.
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