Experience

Innovest Systems

• United States
• Financial Services
• 1 - 100 Employee

• Senior Vice President of Finance

  • Feb 2018 - Present

  Sacramento, California Area



Administrative Systems, Inc.

• United States
• Administrative and Support Services
• 1 - 100 Employee

• Chief Financial Officer

  • Aug 2011 - Present

  Sacramento, California Area



Legacy Insurance Services, Arizona Automobile Insurance Company

• Chief Financial Officer, Insurance Consultant

  • Jun 2010 - Aug 2011

  • Provided senior financial management oversight for an insurance managing general agency and direct writer of non-standard automobile insurance. • Assisted founder and owner with the sale of the business, responded to financial due diligence requests, assisted in the stock purchase agreement review. • Responsible for all statutory financial reporting, monthly financial close and daily cash flow analysis and review. • Created detailed financial projections and business plan… Show more • Provided senior financial management oversight for an insurance managing general agency and direct writer of non-standard automobile insurance. • Assisted founder and owner with the sale of the business, responded to financial due diligence requests, assisted in the stock purchase agreement review. • Responsible for all statutory financial reporting, monthly financial close and daily cash flow analysis and review. • Created detailed financial projections and business plan forecasts, along with detailed variance analysis of positive and negative variances. • Prepared actuarial analysis for year end 2010 actuarial certification to meet regulatory reporting requirements. Show less



PWS Consulting

• Portugal
• Business Consulting and Services

• Founder

  • Jun 2008 - May 2010

  • Provide financial consulting for private clients, with a focus on stocks, options, futures, and equity trading, as well as asset management and estate planning. • Responded to telephone, online and in-person inquiries, assessed client needs, discussed short and long-term goals, and developed financial planning strategies for each client. • Performed senior level financial analysis, planning and forecasting for a technology start up company.



Food Service Insurance Managers

• United States
• Insurance
• 1 - 100 Employee

• Consultant/Chief Financial Officer

  • Dec 2004 - Apr 2008

  • Coordinated activity to raise $50M in capital in 2005, 2007 and 2008 in order to obtain the license required to offer workers’ compensation insurance policies. Initially hired as consultant in December 2004 and subsequently hired as CFO in 2005. • Worked closely with investment banker and outside counsel, wrote offering memorandum, analyzed multiple capital structure options, and responded to investor inquiries. • Traveled throughout the U.S. to meet with private equity… Show more • Coordinated activity to raise $50M in capital in 2005, 2007 and 2008 in order to obtain the license required to offer workers’ compensation insurance policies. Initially hired as consultant in December 2004 and subsequently hired as CFO in 2005. • Worked closely with investment banker and outside counsel, wrote offering memorandum, analyzed multiple capital structure options, and responded to investor inquiries. • Traveled throughout the U.S. to meet with private equity investors. Prepared and delivered dynamic presentations at road shows to convey a compelling message. • Constantly monitored financial performance, consulted with Operations Officer, and presented information to senior management. Identified areas of improvement and offered recommendations to eliminate variances of actual with forecasted operating results. • Conducted monthly financial analysis and assessed business practices; conducted operational audits, evaluated results, and recommended process improvements to streamline operations and improve efficiencies. • Revised existing controls and established new financial controls, policies and procedures as needed. • Oversaw financial and operating performance of Nurse Care Management Division. Developed operating assumptions and forecast used in five-year financial model. • Performed actuarial analysis to determine profit-sharing commission, including claim payout patterns. • Primary point of contact to financial and accounting staff of two major clients, Liberty Mutual Insurance Company and a wholly-owned subsidiary of Berkshire Hathaway Insurance, managing each account to profitability. Met regularly with senior executives to discuss performance, controls and results. • Created and implemented plan to pay down $1M in debt, achieving successful pay down within first year of hire. • Negotiated bank lines of credit for multiple entities. • Reviewed all federal, state and local income tax returns and payments. Show less



Veterinary Pet Insurance

• United States
• Insurance

• Chief Financial Officer

  • Apr 2002 - Jun 2004

  • Created quarterly, annual and five-year business plan and financial forecast. • Negotiated three-year reinsurance agreement at less than market rate pricing. • Collaborated with State Department of Insurance Auditors on triennial exams, quarterly and annual filings, and audit certification, ensuring timely and accurate completion. • Addressed regulatory capital requirements with domiciliary insurance department to maintain leverage ratio and risk-based capital… Show more • Created quarterly, annual and five-year business plan and financial forecast. • Negotiated three-year reinsurance agreement at less than market rate pricing. • Collaborated with State Department of Insurance Auditors on triennial exams, quarterly and annual filings, and audit certification, ensuring timely and accurate completion. • Addressed regulatory capital requirements with domiciliary insurance department to maintain leverage ratio and risk-based capital requirements, while gross revenues increased 44% in 2002 and 25% in 2003. • Successfully completed $15M in capital raising through sale of private common equity. • Completed first-time SEC filings of Form 10, 10Q and 10K. • Managed Controller, Director of Operations and up to 15 staff. Conducted daily briefings to address issues and maintain a consistent flow of communication. • Coached and mentored individual team members, and worked with HR on final recommendations for promotions to positions of greater responsibility. • Provided financial oversight of IT system conversion, working with developers to create specifications, and to reconcile old and new systems. • Worked closely with external Asset Management firm on bond and fixed income portfolios to assess operational cash flow, discuss yields, evaluate asset quality, and create a plan to maximize yield while limiting tax exposure. • Facilitated quarterly meetings with Board members and Investment Committee for review and approval of buy/sell transactions. Show less



VantageMed

• Software Development
• 1 - 100 Employee

• Chief Financial Officer

  • Jun 2000 - Oct 2001

  Met or exceeded all quarterly financial performance goals and objectives in the two year forecast initially provided to First Call, creating common stock price stability. Reduced FTE count by 22% through an analysis of regional operating performance, helping the company to consistently improve its cash flow from operations. Achieved a 31% operating expense reduction over five quarters by implementing a company-wide restructuring plan. Conducted monthly accounting close… Show more Met or exceeded all quarterly financial performance goals and objectives in the two year forecast initially provided to First Call, creating common stock price stability. Reduced FTE count by 22% through an analysis of regional operating performance, helping the company to consistently improve its cash flow from operations. Achieved a 31% operating expense reduction over five quarters by implementing a company-wide restructuring plan. Conducted monthly accounting close meetings with all divisions, to ensure revenue recognition from software sales were in compliance with GAAP. Show less


Sierra Insurance Group
• United States
• Banking
• Chief Financial Officer

  • Sep 1999 - May 2000

Business Insurance Group
• Insurance
• Vice President of Finance

  • Jul 1995 - Mar 1999

Pacific Rim Assurance Company
• Vice President, Chief Financial Officer and Treasurer

  • Jul 1991 - Jul 1995

Business Insurance Corporation
• United States
• Insurance
• 1 - 100 Employee
• Vice President and Controller

  • Nov 1989 - Jul 1991

Beaver Insurance Company
• Belgium
• Accounting Manager

  • Jun 1985 - Nov 1989

Fireman's Fund Insurance Company
• United States
• Insurance
• 400 - 500 Employee
• Statistical Analyst

  • Jun 1982 - May 1985