LARRY L. PEYTON
***********@*****.***
SENIOR FINANCE PROFESSIONAL
Dynamic finance professional with 15+ years experience building top-performing organizations that consistently outperform objectives by utilizing expertise in the following areas:
• Financial Planning & Reporting • Systems Implementation
• Budgeting & Cash Flow Optimization • Organizational Building & Restructuring
• Consolidations Accounting • Productivity Improvement
• SEC Reporting & Compliance • Treasury Management
• Mergers & Acquisitions • IPO Readiness & S-1 Registration
• Sarbanes-Oxley 404 • Cost Accounting
Proficient with Oracle 11i, SAP R/3, Oracle Discoverer, ADI, Hyperion Planning, Microsoft Office (Word, Excel, Access, Power Point), QuickBooks, etc.
PROFESSIONAL EXPERIENCE:
eSilicon Corporation (pre-IPO, $100M Fabless ASIC Semiconductor Mfg), Sunnyvale, CA
Director of Finance and Treasury 2006 – DEC 2011
• Led Operations Finance department reporting to the CFO
• Managed cost function responsible for product BOM, standard cost, mfg variances and inventory
• Worked on the purchase and integration of acquisitions that significantly increased revenue and margins
• Prepare financial plans and management reports
• Work closely with Operations on forecasts, cost reductions, and process improvements
• Implemented Oracle Project Accounting and Hyperion Planning on schedule and budget
• Featured in Oracle magazine’s July/August 2009 cover story “Lead with Intelligence” and guest speaker on Oracle BI/EPM solutions at customer reference events
• Completed IPO readiness programs and helped prepare the S-1 registration to go public
• Interim Corporate Controller responsible for monthly close, audits, banking, G/L staff, etc.
Network Equipment Technologies, Inc. (Nasdaq: NWK, $100M Networking Equipment Mfg), Fremont, CA
Director of Finance 2003 - 2005
• Led Corporate FP&A group reporting to the CFO
• Prepared annual budgets, forecasts, and strategic long-range business plans
• Performed analysis including industry, economic, competitor and mergers & acquisitions
• Member of Disclosure Committee responsible for the compilation and review of all external reports, including the 10-Q, 10-K, 8-K and earnings release
• Developed numerous business cases including one that led to a significant VoIP sales opportunity within the Federal Government
• Implemented multiple control processes and performed testing for Sarbanes-Oxley 404
• Key contributor to the ISO9001:2000 and TL9000 certification programs
• Implemented Oracle iCompensation and iProcurement modules ahead of schedule and under budget
• Developed a web-based FP&A portal for Executive reporting using Oracle Data Warehouse
Controller 2001 – 2003
• Managed Operations Finance group reporting to the Corporate Controller
• Provided direct finance support that included monthly close, financial analysis, and reporting for all functional organizations
• Reduced operating expenses by 35% returning the company to positive cash flow
• Executed projects to outsource manufacturing and switch component suppliers that resulted in a 17% improvement to product margins
• Implemented new standard costing methodology that resulted in better reporting and control over production costs
• Reduced close cycle-time by 50% (from 4 to 2 days)
Texas Instruments, Inc. (NYSE: TXN, $12B Semiconductor Mfg), Dallas, TX / San Jose, CA
Finance Manager 1997 – 2001
• Led integration of the Amati acquisition and setup wholly-owned U.S. subsidiary
• Managed all corporate entity accounting and financial reporting
• Deployment leader for SAP implementation (Y2K project)
• Developed budgets, forecasts and long-range business plans for start-up xDSL business unit that grew from $0 to over $100+ million in sales
• Worked closely with operational managers to meet business objectives, including analyzing sales opportunities, reducing product costs, and tracking development roadmaps
• Responsible for local site management, including administration and facilities
Consolidations Manager 1994 – 1997
• Led the financial consolidations and reporting team for the TI/SC Group with $12B in sales
• Ensured compliance to GAAP and Corporate Policies & Procedures
• Completed Audit, Tax, and SEC requirements
• Performed joint venture, equity and investment accounting
• Completed accounting for acquisitions, divestitures and reorganizations
• Designed and implemented consolidated journal entry and reporting system
• Reduced consolidations close cycle-time by 60% through automation and simplification
Cost Accountant / Financial Analyst 1990 – 1994
• Performed monthly close, cost standards, inventory accounting, transfer pricing, R&D reporting and tax credit submission
• Developed and implemented a new activity based costing inventory system for a semiconductor manufacturing facility
• Financial planning and analysis of operational results (revenue, cost, margin, etc)
• Benchmark studies and process reengineering for accounting and business processes
EDUCATION:
University of Dallas, Irving, TX
MBA in Corporate Finance
Indiana University, Bloomington, IN
Bachelor of Science in Finance
CPA Candidate