Experience

CFO Consulting Partners

• United States
• Business Consulting and Services
• 1 - 100 Employee

• Director

  • Jan 2023 - Present

  I am an experienced financial executive in the greater New York area, and a Director with CFO Consulting Partners LLC. CFO Consulting Partners is a financial management consulting firm serving the needs of boards, CEOs and CFOs. I provide senior-level financial management and accounting services to small and mid-sized public and private and not for profit companies, and will solve your complex financial management and accounting issues on time and correctly. Examples of some… Show more I am an experienced financial executive in the greater New York area, and a Director with CFO Consulting Partners LLC. CFO Consulting Partners is a financial management consulting firm serving the needs of boards, CEOs and CFOs. I provide senior-level financial management and accounting services to small and mid-sized public and private and not for profit companies, and will solve your complex financial management and accounting issues on time and correctly. Examples of some of the services I will be performing are an interim or part-time/fractional CFO and/or financial management consultant, in which I will provide small & medium size businesses all areas of financial management, including making impactful presentations to boards and executive management on approaches to improving profitability and growth and implementing planning & control and analysis processes, cash flow analysis, financial statement analysis, setting up new companies and subsidiaries, treasury management, forensic accounting, improving controls, human resource management, audit support and any other back office support needed. Held senior financial management positions with start-ups and growth companies that were small & medium size in telecom, service industries, not for profit & manufacturing. Started career with Deloitte & Touche in auditing. CPA If I can be of service to you, please reach out to me at mravitz@cfoconsultingpartners.com, or 646-650-2028 x 714. Show less I am an experienced financial executive in the greater New York area, and a Director with CFO Consulting Partners LLC. CFO Consulting Partners is a financial management consulting firm serving the needs of boards, CEOs and CFOs. I provide senior-level financial management and accounting services to small and mid-sized public and private and not for profit companies, and will solve your complex financial management and accounting issues on time and correctly. Examples of some… Show more I am an experienced financial executive in the greater New York area, and a Director with CFO Consulting Partners LLC. CFO Consulting Partners is a financial management consulting firm serving the needs of boards, CEOs and CFOs. I provide senior-level financial management and accounting services to small and mid-sized public and private and not for profit companies, and will solve your complex financial management and accounting issues on time and correctly. Examples of some of the services I will be performing are an interim or part-time/fractional CFO and/or financial management consultant, in which I will provide small & medium size businesses all areas of financial management, including making impactful presentations to boards and executive management on approaches to improving profitability and growth and implementing planning & control and analysis processes, cash flow analysis, financial statement analysis, setting up new companies and subsidiaries, treasury management, forensic accounting, improving controls, human resource management, audit support and any other back office support needed. Held senior financial management positions with start-ups and growth companies that were small & medium size in telecom, service industries, not for profit & manufacturing. Started career with Deloitte & Touche in auditing. CPA If I can be of service to you, please reach out to me at mravitz@cfoconsultingpartners.com, or 646-650-2028 x 714. Show less



XcomIP

• Chief Financial Officer

  • Nov 2011 - Oct 2021

  Chief Financial Officer & Treasurer 2011 – 2021 Reported to the CEO, managed growth from start-up through the life of the company. Built from scratch all financial and human resource related functions. Managed all financial aspects of the entity. • Managed all aspects of financial and legal requirements for company merger in 2017 and all post merger financial activities • Was hired six months after entity began to perform forensic accounting due to missing money; analyzed & found… Show more Chief Financial Officer & Treasurer 2011 – 2021 Reported to the CEO, managed growth from start-up through the life of the company. Built from scratch all financial and human resource related functions. Managed all financial aspects of the entity. • Managed all aspects of financial and legal requirements for company merger in 2017 and all post merger financial activities • Was hired six months after entity began to perform forensic accounting due to missing money; analyzed & found $600,000 stolen by former CEO. Negotiated with investor to provide additional funding to entity • Oversaw, directed & prepared and performed all financial statements, tax, audit work, budgets, banking and projections • Managed all aspects of HR & admin functions including hiring, terminating, healthcare and insurance • Built credit review system for all new customers, providing credit ranging from $5K - $500K, resulting in reduced bad debt Show less Chief Financial Officer & Treasurer 2011 – 2021 Reported to the CEO, managed growth from start-up through the life of the company. Built from scratch all financial and human resource related functions. Managed all financial aspects of the entity. • Managed all aspects of financial and legal requirements for company merger in 2017 and all post merger financial activities • Was hired six months after entity began to perform forensic accounting due to missing money; analyzed & found… Show more Chief Financial Officer & Treasurer 2011 – 2021 Reported to the CEO, managed growth from start-up through the life of the company. Built from scratch all financial and human resource related functions. Managed all financial aspects of the entity. • Managed all aspects of financial and legal requirements for company merger in 2017 and all post merger financial activities • Was hired six months after entity began to perform forensic accounting due to missing money; analyzed & found $600,000 stolen by former CEO. Negotiated with investor to provide additional funding to entity • Oversaw, directed & prepared and performed all financial statements, tax, audit work, budgets, banking and projections • Managed all aspects of HR & admin functions including hiring, terminating, healthcare and insurance • Built credit review system for all new customers, providing credit ranging from $5K - $500K, resulting in reduced bad debt Show less



Epana Networks

• Telecommunications
• 1 - 100 Employee

• Chief Financial Officer

  • Jan 2001 - Oct 2011

  Founding team member; managed growth from start-up to a $200M, EBITDA profitable, and 300 employee company. Built from scratch all financial and human resource related functions while growing and training a 12 member finance team. Equity/Debt: • Instrumental in raising over $10M in venture equity funding and $10M debt funding in difficult market conditions • Increased company valuation more than 5X through financial management; directed external valuation consultants • Developed… Show more Founding team member; managed growth from start-up to a $200M, EBITDA profitable, and 300 employee company. Built from scratch all financial and human resource related functions while growing and training a 12 member finance team. Equity/Debt: • Instrumental in raising over $10M in venture equity funding and $10M debt funding in difficult market conditions • Increased company valuation more than 5X through financial management; directed external valuation consultants • Developed and presented materials for a private equity process, as well as for Board of Director and Audit Committee meetings • Prepared analysis to support decision of sale versus shutdown of business unit. Treasury: • Managed over $30M in cash and investments to support continued funding of negative cash flow businesses. Prepare operating cash and long-term cash flow models to determine liquidity through free cash flow positive. Facilitated cash reconciliation and collections, obtained ACH credit of over $2M, and developed automated “sweeps” at over 25 banks • Reduced interest rates from 15% to under 8% by negotiating and obtaining lease financing, for over $5M of equipment • Built a credit policy for large customers, providing credit ranging from $10K to $3M, and keeping DSO under 10 Accounting/Budgeting/Controls/Management: • Generated over 10% in annual EBITDA improvements via cost savings in various SGA categories • Managed P&L for 3 departments with over $1M in aggregate annual operating costs • Developed a full budget process from the bottom up and reconciled to annual top down plan. • Implemented SOX and internal controls compliance within the corporate headquarters and field organization. Human Resources/Relationships: • Created a full human resource program, including compensation, benefit plans, 401k plans, stock options, employee manuals and policies for entire company • Designed and executed a performance-based compensation system which helped to drive gross margin improvements Show less Founding team member; managed growth from start-up to a $200M, EBITDA profitable, and 300 employee company. Built from scratch all financial and human resource related functions while growing and training a 12 member finance team. Equity/Debt: • Instrumental in raising over $10M in venture equity funding and $10M debt funding in difficult market conditions • Increased company valuation more than 5X through financial management; directed external valuation consultants • Developed… Show more Founding team member; managed growth from start-up to a $200M, EBITDA profitable, and 300 employee company. Built from scratch all financial and human resource related functions while growing and training a 12 member finance team. Equity/Debt: • Instrumental in raising over $10M in venture equity funding and $10M debt funding in difficult market conditions • Increased company valuation more than 5X through financial management; directed external valuation consultants • Developed and presented materials for a private equity process, as well as for Board of Director and Audit Committee meetings • Prepared analysis to support decision of sale versus shutdown of business unit. Treasury: • Managed over $30M in cash and investments to support continued funding of negative cash flow businesses. Prepare operating cash and long-term cash flow models to determine liquidity through free cash flow positive. Facilitated cash reconciliation and collections, obtained ACH credit of over $2M, and developed automated “sweeps” at over 25 banks • Reduced interest rates from 15% to under 8% by negotiating and obtaining lease financing, for over $5M of equipment • Built a credit policy for large customers, providing credit ranging from $10K to $3M, and keeping DSO under 10 Accounting/Budgeting/Controls/Management: • Generated over 10% in annual EBITDA improvements via cost savings in various SGA categories • Managed P&L for 3 departments with over $1M in aggregate annual operating costs • Developed a full budget process from the bottom up and reconciled to annual top down plan. • Implemented SOX and internal controls compliance within the corporate headquarters and field organization. Human Resources/Relationships: • Created a full human resource program, including compensation, benefit plans, 401k plans, stock options, employee manuals and policies for entire company • Designed and executed a performance-based compensation system which helped to drive gross margin improvements Show less



Wired Business

• Controller

  • 2000 - 2000



Destia Communications

• Director of Accounting & Reporting

  • 1996 - 2000

  Public Company in the Telecom industry Public Company in the Telecom industry



Deloitte

• Business Consulting and Services
• 700 & Above Employee

• Audit Manager

  • Sep 1990 - Dec 1996

  Oversaw and performed audits, prepared financial statements and ran forensic assignments to find missing money and how the fraud was accomplished. Oversaw and performed audits, prepared financial statements and ran forensic assignments to find missing money and how the fraud was accomplished.