Experience

Bioxytran, Inc.

• United States
• Pharmaceutical Manufacturing
• 1 - 100 Employee

• CFO/Controller | Co-founder

  • Sep 2016 - 7 years 4 months

  Boston, MA CFO/Controller (pre-IPO start-up) Bioxytran is a clinical-stage Biotech founded in 2016. The company develops new molecules resolving unmet medical needs. Their drug candidates address multiple disease conditions by preventing premature death of cells in living tissue resulting from a deficiency in the amount of oxygen reaching them. • IPO PREPARATION: S-1 approved by SEC in May 2017. Coordination of activities with SEC lawyer, auditor, and investment bankers to launch IPO in July… Show more CFO/Controller (pre-IPO start-up) Bioxytran is a clinical-stage Biotech founded in 2016. The company develops new molecules resolving unmet medical needs. Their drug candidates address multiple disease conditions by preventing premature death of cells in living tissue resulting from a deficiency in the amount of oxygen reaching them. • IPO PREPARATION: S-1 approved by SEC in May 2017. Coordination of activities with SEC lawyer, auditor, and investment bankers to launch IPO in July 2017. • INVESTOR RELATIONS: Presentation of company and offering to potential investors • FINANCIAL MANAGEMENT: Spearheaded procurement and implementation of accounting, payroll and benefits. Development of financial process and budget, submission of 10-Q and 10-K • COMPLIANCE: Implementation of SOX compliant process for internal controls • RISK MANAGEMENT: Evaluation and procurement of comprehensive insurance policies Show less



Faria Beede Instruments, Inc.

• Appliances, Electrical, and Electronics Manufacturing
• 1 - 100 Employee

• CFO/Controller

  • Jan 2014 - Sep 2016

  Uncasville, CT CFO/Controller (turn around) Transitioning and Re-branding an electronics manufacturer through phases of M&A integration and process implementation. Aiming for streamlined activities, increased efficiency and expansive growth. • LEADERSHIP AND STRATEGY IMPLEMENTATION: Introduction of KPI's created a better awareness of success-factors and reduced waste with $50K within the first month. • BUSINESS PROCESS IMPROVEMENT: Effective implementation of tools and processes resulting in 12%… Show more CFO/Controller (turn around) Transitioning and Re-branding an electronics manufacturer through phases of M&A integration and process implementation. Aiming for streamlined activities, increased efficiency and expansive growth. • LEADERSHIP AND STRATEGY IMPLEMENTATION: Introduction of KPI's created a better awareness of success-factors and reduced waste with $50K within the first month. • BUSINESS PROCESS IMPROVEMENT: Effective implementation of tools and processes resulting in 12% increased productivity. • FINANCIAL PLANNING AND COST CONTAINMENT: Initiation of different thought processes reducing energy costs with 40% and shipping costs with 15%, saving $150K/year. • OPERATIONAL EFFICIENCY: Elimination of unnecessary operations and processes resulted in 200K decrease in operative overhead. Monthly financial closing cycle reduced by 15 days. • M&A, INTEGRATION AND CHANGE MANAGEMENT: Effectuated two successful M&A deals, resulting in a 50% growth while simultaneously reducing administrative costs. • FINANCE AND RISK MANAGEMENT: Successfully negotiated a $6.5M ABL agreement and effectuated a complete overhaul of company insurances with cost savings of 20%. Show less



LFA Project, e-Commerce

• CFO/Controller

  • Jan 2012 - Jan 2014

  Waltham, MA CFO/Controller (startup) Play an integral role in development, innovation and scaling of a B-Corp start-up, an e-Commerce venture, as well as process implementation for management of P&L and reporting. Transitioned to the Advisory Board after successful hand-off of operational activities. • LEADERSHIP: Strategy implementation based on market research, including in-depth interviews with over 200 potential clients • BUSINESS DEVELOPMENT: Effective Business Plan and Branding, new… Show more CFO/Controller (startup) Play an integral role in development, innovation and scaling of a B-Corp start-up, an e-Commerce venture, as well as process implementation for management of P&L and reporting. Transitioned to the Advisory Board after successful hand-off of operational activities. • LEADERSHIP: Strategy implementation based on market research, including in-depth interviews with over 200 potential clients • BUSINESS DEVELOPMENT: Effective Business Plan and Branding, new Sales and Marketing Strategies in order to envelope new products and services • FINANCIAL PLANNING: Recruiting successful operative partners, securing $250K venture financing • BUSINESS PROCESS IMPROVEMENT: Development of a web-based platform for an existing market which generated $500K in revenue, adding 9 affiliated organizations and 6 new employees in prototyping stage Show less



GarrettCom, Inc.

• Computer Networking
• 1 - 100 Employee

• Divisional Financial Controller (Belden Group - NYSE:BDC), High Tech | Software

  • 2006 - 2011

  North Andover, MA Divisional Financial Controller (transformation) Managed five direct reports that performed accounting and sales administration in a $50M Industrial High Tech manufacturing and Software development division of the $3B public firm, Belden Inc. • CHANGE MANAGEMENT: Supported merger by leading financial analysis and integration of infrastructure; implemented processes to achieve Sarbanes-Oxley (SOX) compliance • CROSS FUNCTIONAL TEAMWORK: Spearheaded procurement and implementation of… Show more Divisional Financial Controller (transformation) Managed five direct reports that performed accounting and sales administration in a $50M Industrial High Tech manufacturing and Software development division of the $3B public firm, Belden Inc. • CHANGE MANAGEMENT: Supported merger by leading financial analysis and integration of infrastructure; implemented processes to achieve Sarbanes-Oxley (SOX) compliance • CROSS FUNCTIONAL TEAMWORK: Spearheaded procurement and implementation of a multi-site Enterprise Resource Planning (ERP) system, reducing monthly closing process from 5 days to 1 • LEAN MANUFACTURING: Streamlined plant operations through Continuous Improvement, and introduction of Activity Based Costing (ABC), reducing cost of goods sold 10%, and inventory by 15% • REVENUE IMPROVEMENT: Deployed modularization processes for redesigning products, and implemented service contracts, which drove sales by 20% and improved profitability by 22% • INVENTORY CONTROL: Introduced cycle count, eliminating annual physical inventory audits, allowing for 4 additional production days per year, and achieving 99.6% inventory accuracy rate • STRATEGY IMPLEMENTATION: Initiated analysis to measure performance & identify improvement opportunities through Key Process Indicators (KPIs) • COMPLIANCE: Implemented revenue recognition in accordance with SOP 97-2 and 98-9 as well as EITF 00-21, and stock based compensation in accordance with ASC 718 Show less



Proditec Inc., Industrial Pre-press Equipment

• Controller

  • 2001 - 2006

  Boston, MA Controller & Product Manager (startup) Launched a business-to-business subsidiary in U.S., Canada, Mexico, and Central America for a German Manufacturer of Industrial Pre-press Equipment. P&L management and reporting, performing direct sales. • BUSINESS DEVELOPMENT: Implemented Business Plan and Sales & Marketing Strategies to better serve our customers and broadening the product range • REVENUE ENHANCEMENT: Generated additional $7M in annual sales and 60% profit margin by… Show more Controller & Product Manager (startup) Launched a business-to-business subsidiary in U.S., Canada, Mexico, and Central America for a German Manufacturer of Industrial Pre-press Equipment. P&L management and reporting, performing direct sales. • BUSINESS DEVELOPMENT: Implemented Business Plan and Sales & Marketing Strategies to better serve our customers and broadening the product range • REVENUE ENHANCEMENT: Generated additional $7M in annual sales and 60% profit margin by introducing new machinery & consumables product lines • LEADERSHIP: Managed 100 accounts, 8 Sales Reps. and 3 manufacturing sub-contractors Show less



Svecia AB (Traction Group - SE:TRACB), Industrial Material Handling Systems

• VP Corporate Finance

  • 1996 - 2001

  Paris, France / Stockholm, Sweden VP Corporate Finance & Sales Manager French Speaking Markets (turn around) Consolidated statements and analyzed sales & manufacturing plant performance in 15 countries with combined revenue of $100 million in Industrial Screen Printing Machinery, serving on Board of Directors. • CROSS CULTURAL MANAGEMENT: Collaborated with strategic partners / clients in Europe, U.S., Russia, Hong Kong, and China as well as managing sales- and service teams, & distributors in France, Canada, &… Show more VP Corporate Finance & Sales Manager French Speaking Markets (turn around) Consolidated statements and analyzed sales & manufacturing plant performance in 15 countries with combined revenue of $100 million in Industrial Screen Printing Machinery, serving on Board of Directors. • CROSS CULTURAL MANAGEMENT: Collaborated with strategic partners / clients in Europe, U.S., Russia, Hong Kong, and China as well as managing sales- and service teams, & distributors in France, Canada, & Africa • OPERATIONAL EFFICIENCY: Selected and led ERP and accounting systems implementation, streamlining accounting processes and automated reporting; resulting in $200K annual cost savings • FINANCIAL MANAGEMENT: Reduced expense fees and interest by 40% by renegotiating terms • PROCESS IMPROVEMENT: Realigned French sales team, improving turnover 400% in the first year, captured an additional 30% of market-share, and generated $600K in additional profit • LEADERSHIP: Managed eight turn-key projects valued at up to $3M each Show less



Effector OY, Business Consulting

• Partner

  • 1994 - 1996

  Aland Islands, Finland Partner (startup) Privately-held, $20M, Finnish business consulting firm specializing in supply chain management, logistics, warehousing, inventory control and operational efficiency. Managed a team of 4 consultants in the Nordic countries and in Russia • OPERATIONAL EFFICIENCY: Advised Nordic Retail group’s distribution centers improving lead time and reducing inventory, implemented changes resulting in cost savings of up to $4M per location • PROCESS IMPROVEMENT: Recalculated… Show more Partner (startup) Privately-held, $20M, Finnish business consulting firm specializing in supply chain management, logistics, warehousing, inventory control and operational efficiency. Managed a team of 4 consultants in the Nordic countries and in Russia • OPERATIONAL EFFICIENCY: Advised Nordic Retail group’s distribution centers improving lead time and reducing inventory, implemented changes resulting in cost savings of up to $4M per location • PROCESS IMPROVEMENT: Recalculated routings and material flow improved lead-time with up to 30%, and reduced inventory by up to 40% • STRATEGY IMPLEMENTATION: Alignment between strategy and operations, introduction of KPI’s, cutting one management level resulted in reduced overhead cost with up to 9% Show less



Wallenberg Sphere

• Financial Controller

  • 1986 - 1994

  France During the early part of my career I held Financial Controller positions within the Wallenberg Sphere; • Industrivarden, OMX:INDU • Electrolux, OMX:ELUX • Ericsson, NASDAQ:ERIC • Swedish Match, OMX:SWMA • SKF, OMX:SKF In these companies I was in charged with establishing profitability. Execution of significant cuts in non-profitable product lines. Implementation of ERP and Accounting systems. Establishing KPI’s and improvement of inventory turns. Primary responsibility was… Show more During the early part of my career I held Financial Controller positions within the Wallenberg Sphere; • Industrivarden, OMX:INDU • Electrolux, OMX:ELUX • Ericsson, NASDAQ:ERIC • Swedish Match, OMX:SWMA • SKF, OMX:SKF In these companies I was in charged with establishing profitability. Execution of significant cuts in non-profitable product lines. Implementation of ERP and Accounting systems. Establishing KPI’s and improvement of inventory turns. Primary responsibility was general accounting, cost-accounting, budgets and forecasts. Show less