Sales Financial

Steven P. McGee, CPA

**** ******** ** ******, ** 80220

C: 720-***-**** E: *******@*****.***

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CAREER HIGHLIGHTS

CPA with 20+ years experience from “Big 6”, to Fortune 200, to VC / PE funded Software, Technology and Energy companies. Expertise includes: strategic planning, fundraising and M&A, financial reporting (GAAP & SEC), restructuring, managing debt and liquidity, financial controls and reporting structure, IT, HR, and ERP systems.

Ten years experience serving as a CFO for VC / PE funded companies in the following industries: Software, high tech manufacturing and “clean tech” / renewable energy.

Recent successful equity fundraising in high tech and software sectors > $60M; managed a $50M+ debt facility.

M&A due diligence, deal negotiations and operational integration ($8M -$200M).

As GM, led a group of managers in a turnaround of a $20M business unit. Improvements in quality, service and sales resulted in a return to acceptable profitability within one year.

Significant experience in organizational restructures, strategic planning and supporting explosive growth.

Led four ERP conversions: Oracle R11, JD Edwards, Great Plains, Lawson; experience with NetSuite.

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PROFESSIONAL EXPERIENCE

CFO Consultant Denver, CO 5/10 – Present

Serve as CFO for two “start-up “companies including: fundraising support and strategy, business plan development, strategic growth planning and execution, audit preparation, implement systems of internal controls, develop Board reporting packages, strategic and operational budgets and financial management.

Rogue Wave Software – Chief Financial Officer Boulder, CO 12/08 – 3/10

Rogue Wave is an $80 M+ revenue software development tools company with a leading market position in their product lines. Primary focus is the HPC, C++, C# and Fortran development space. The Company has experienced significant growth via M&A and is a Battery Ventures (PEG) portfolio company.

Integral in the acquisition and integration of three companies with a combined $30M annual revenues.

Implemented cost controls and a culture of accountability, increasing EBITDA from 41% - 50+ %.

Managed debt facility of $50+M, while raising $8M debt for one acquisition.

Redesigned the financial reporting package and developed KPI’s for BOD and executive management.

Led an international entity consolidation for more effective cash repatriation and lower operating costs.

Developed and utilized forward-looking, predictive models and activity-based financial and scenario analyses.

Developed, with SVP Sales, a new approach to sales compensation plans and structure.

Applied complex GAAP to relevant to technology companies (SOP 97-2, FAS 141R, FAS 123R).

Managed external professional relationships: Audit, Tax, Banking, various contractors.

CFO Consultant Denver, CO / Austin, TX / Santa Rosa, CA 7/06 – 11/08

Provide fundraising support and strategy, business plan development, strategic growth planning and execution, audit preparation, implement systems of internal controls (SOX), develop Board reporting packages, strategic and operational budgets and financial management, and consult in M&A transactions.

Served as CFO Consultant for companies in the following industries (Revenues): Geothermal Energy ($110M) / wireless WAN ($20M) / a PV Solar panel and a thin film battery manufacturer.

Develop fundraising presentations and strategy: $40M+ equity raise; sell side M&A support.

Develop comprehensive operational and financial policies; financial reporting systems.

Complete financial modeling and strategic planning based on multiple growth and metric driven scenarios.

Establishing strong internal control environments and business process design and implementation.

Secure applicable tax credits for R&D and clean tech activities.

SAMBA– Chief Financial Officer Albuquerque, NM 1/04 – 5/06

SAMBA is a start-up in data services, serving insurance and risk management customers. Primary responsibilities: develop and execute a fundraising / M&A strategy, implemented a financial reporting package and an integrated billing system for this software driven, e-commerce enterprise.

All internal and external financial reporting, Tax filing and strategy, strategic planning and budgeting.

Restoring credibility to the Finance function through a system effective of internal controls.

Developed a financial “dash board” for relevant, forward-looking financial & operational metrics.

Administration of the Company Stock & 401K Plans, IT, HR, facilities.

Led the development of an automated billing system for the 1,300 + customer base.

Manage relationships with bankers, attorneys, auditors, and investor relations.

Vantum – Chief Financial Officer Boulder, CO 3/00 to 11/03

Vantum was a VC-backed start-up developing streaming video applications for the security and corporate communications markets. Vantum ceased operations in November 2003 due to a lack of funding.

Assist CEO in sourcing & closing of two rounds of equity financing ($10M).

Applied relevant GAAP to complex revenue recognition scenarios (SOP 97-2, 98-9 & SAB 101).

Manage relationships with bankers, attorneys, investors, auditors; Secretary of the Board of Directors.

All internal and external financial reporting, Tax filing, strategic planning and budgeting, investor relations.

Administration of the Company Stock & 401K Plans, IT, HR, facilities.

Selection and negotiations for our contract manufacturer, responsible for managing this relationship.

Baker Hughes, Inc. (and related subsidiaries) 5/93 – 11/99

A Fortune 200 Oil Field Services manufacturer > $13B revenues; operating via five divisions to provide a complete range of products / services from seismic mapping, to drilling, completion and production to Oil & Gas operators.

Centrilift, Inc. (Division of Baker Hughes, Inc., previous employer) 11/95 to 11/99

Centrilift is the industry-leading manufacturer of down-hole equipment and service provider in the Oilfield Services market ($400MM). Centrilift is one of five operating divisions of Baker Hughes, Inc.

West Coast Region – General Manager Huntington Beach, CA 8/98 to 11/99

In this 'turnaround' effort for the West Coast Operations, the objective was to reverse the course of negative trends in market share, profitability and product performance suffered in the past few years.

P&L and managerial responsibility for a $20M operation, including manufacturing, three marketing locations and 50+ employees throughout the West Coast operations.

Led strategic marketing/sales efforts, resulting in a 10% market share recapture.

Converted the two largest customers to new risk/reward contracts, resulting in a 15% increase in profits.

Led comprehensive change efforts within a team of functional managers, resulting in dramatic improvements in product quality and significant cost reductions.

Regional Controller (Centrilift, Inc) Denver, CO 11/95 to 7/98

Evaluate financial risk and implemented enhanced internal controls in a period of very rapid growth.

Consolidate / analyze financial results of a $50M+ Region and reporting to corporate.

Key contributor in the due diligence phase, as well as integration of a $30M acquisition.

Led negations for two integrated production service agreements, totaling to $22M in revenue.

Supervised cost accounting and developed a variance based reporting structure for functional management.

Baker Hughes, Inc. - Senior Auditor Houston, TX 5/93 to 11/95

Led team projects for the largest operating division to reduce the month-end close by 50% (5 day close) and consolidate accounts payable for all US locations.

Participated in review and reporting of post acquisition performance, to the M&A committee.

Devised and implemented an inventory reporting tool for Inteq (BHI’s largest division) that minimized obsolescence and stale inventory by creating an “internal marketplace” world-wide.

Instrumental in re-defining the focus of IA to a more consultative role to domestic and foreign operations.

Significant experience in F/X accounting, fraud detection and exposure to diverse cultures and business practices through extensive travel in Europe, the UK, South America and the Far East.

Price Waterhouse, LLP - Senior Auditor Austin, TX 1/90 to 5/93

Client base included a Fortune 100 PC company, financial services, and emerging businesses in a variety of industries.

Supervised an IPO for a client in the video-conferencing industry.

Managed audits for clients in a variety of industries, including home builders, high-tech, and insurance.

EDUCATION:

The University of Texas at Austin, May 1987: B.A. Economics, Minor: Business Administration

The University of Houston, July 1989: Post Baccalaureate: Accounting

Certified Public Accountant, State of Texas (# 060153), since 1991

Continuing professional education to maintain current GAAP, SEC, SOX, IFRS and IRS pronouncements

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