CFO - Interactive Entertainment Publishing
Resume:
Satoshi Okano
*** ***** ***, *** *********, California 94131
*******.*****@*****.***
SUMMARY OF QUALIFICATIONS
Seasoned and strategically oriented Executive with progressive background in developing and strengthening industrial companies to be well positioned to drive for market share leadership positions. Exhibit strong ability to quickly access primary success factors and make both short-term positive impacts and long-term strategic decisions. Effective in directing companies to capture market share positions with focus on creating shareholder value and long-term profitability. Demonstrate exceptional experience in analytical, market-driven product / market strategy development, as well as excellent communication skills. Exemplify sound judgment and decision-making skills; demonstrate commendable leadership in constructing strategic vision, generating financial success, and delivering positive results across multiple organizational functions. Articulate in Japanese and English.
AREAS OF EXPERTISE
- Strategic Planning / P&L Management
- Software Development
- Offshore Subsidiary Operations Management
- Cost Reduction and Profit Optimization
- Technologically Advanced Industry
- Human Resource Management
SELECTED CAREER HIGHLIGHTS
INDEPENDENT CONSULTANT ~ SELF EMPLOYED ~ San Francisco, CA May 2008-Present
- Actively involved in directing all phases of establishing a brand new U.S. operation for a Japanese technology company, including implementing accounting systems through QuickBooks; negotiating and evaluating office lease agreement; organizing payroll and HR services; installing internet and phone communications; coordinating basic legal documents; and reviewing liability and business insurance
- Developed financial budgeting and forecasting model for manufacturing company, which comprise of presentation package (deck) for the VC and private equity firms to raise capital
Bonus.com, Inc. (Subsidiary of Appaloosa Interactive Corp.) ~ San Mateo, CA
CHIEF EXECUTIVE OFFICER Oct 2002-Apr 2008
- Assumed complete responsibility in turning around declining operations of the business; thrived in restructuring and rebranding the Web site in less than two years and incorporated a new Web 2.0 product concept
- Directed all phases in developing a new website, from conceptualization to its launching and provided primary leadership to off-shore development team consisting of 35 engineers, 5 local contractors, and the Editorial Department
- Implemented partnership agreement with leading book publishers and financial institutions to promote the Web site
- Established a business unit focused on developing software content for advanced mobile phones and successfully obtained development contracts of more than $1M with major mobile phone manufacturers and content publishers
- Functioned as board member of the parent company and handled complex legal and business issues along with other board members, investors, and outside legal counsel
- Administered the organized bankruptcy process to its completion
* Note: The URL has been sold subsequent to the closure of business. The content on the current URL does not reflect the content of the previous site mentioned above.
Appaloosa Interactive Corporation ~ Palo Alto, CA
CHIEF OPERATING OFFICER ~ CHIEF FINANCIAL OFFICER Feb 2000-Feb 2005
- Successfully closed transactions and acquired in excess of $10M development contracts with major game publishers
- Efficiently supervised a development studio with a team composed of 20 engineers in Europe
- Instituted new subsidiary operations (Bonus.com, Inc.) with $15M worth of investment
Accounting Solutions, Inc. ~ San Francisco, CA
SENIOR FINANCIAL CONSULTANT Oct 1998-Feb 2000
- Delegated to perform senior financial consultant duties to American President Lines, Ltd. and supported all areas of financial, planning, and reporting
- Oversaw the U.S. government defense contract project; developed financial proposal model in MS Excel to restructure the revision and maintenance process and collaborated with the government auditor in a successful bid
- Contributed in improving the company’s market income statement by streamlining the reporting format to highlight key information and adding performance indicators for the senior management
- Regulated the company’s monthly financial reporting process by designing custom reports on the company’s Oracle Database and integrating the downloaded data to the pre-formatted Excel worksheet; executed the standardized procedure and identified increase in accuracy of reports and minimized number of delivery time and labor hours for data entry
Gamebank, Inc. ~ Burlingame, CA
CONTROLLER Feb 1997-Aug 1998
- Established the U.S. branch operations for Softbank Corporation in Japan
- Successfully negotiated and implemented multi-million dollar software development contracts, licensing, and distribution agreements with a leading video game publisher
- Directed initiative to develop company’s financial system, including project costing, monthly financial reports, cash flow, budgeting, and forecasting
Segasoft, Inc. (Subsidiary of Sega of America, Inc.) ~ Redwood City, CA
SENIOR BUSINESS MANAGER Oct 1993-Jan 1997
- Oversaw operations of five software development studios and administered software development contracts; prepared monthly finance and operation reports for the senior executives
- Executed project cost accounting and internal control procedures within the development studios
- Functioned as key communication liaison for the Japanese parent company
Sega of America, Inc. ~ Redwood City, CA
CORPORATE FINANCIAL MANAGER Oct 1991-Oct 1993
- Supported the CFO and Treasurer in supervising corporate financial functions
- Managed employment contracts for corporate executives, executive compensation packages, and other confidential business transactions
- Prepared consolidation reporting packages for the American and Canadian subsidiaries in conformity with Japanese SEC rules and generally accepted accounting principles
- Administered four software development divisions with an annual budget of $120M and prepared fiscal budget and monthly reporting package for the Japanese parent company
Arthur Andersen & Co. ~ San Francisco, CA
SENIOR AUDITOR Oct 1987-Oct 1991
- Rendered consulting services to manufacturing and distribution companies for cost accounting, inventory control, and accounting system implementations
- Conducted audits and prepared financial statements for high-tech, manufacturing, distribution, advertising, and software development companies
- Facilitated communication between U.S. subsidiaries and its Japanese parent offices on various financial issues
EDUCATION
Bachelor of Science in Business Administration, California State University ~ Hayward, CA
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