Bob Powers

Bob Powers Email and Phone Number

SVP and Chief Financial Officer at Ocean Power Technologies @ Ocean Power Technologies
new jersey, united states
Bob Powers's Location
New York, New York, United States, United States
Bob Powers's Contact Details

Bob Powers personal email

n/a
About Bob Powers

Certified Public Accountant with MBA and over 25 years of professional experience providing leadership and coordination of company financial planning, debt financing, and budget management functions, ensuring company accounting procedures and reporting conform to specific and required accounting principles. Responsible for setting vision and strategy for finance departments, managing accounting and finance teams, and identifying opportunities based on financial analysis and the study of trends. Trusted advisor to senior management and Board members concerning finance and legal issues for major decision-making moments.

Bob Powers's Current Company Details
Ocean Power Technologies

Ocean Power Technologies

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SVP and Chief Financial Officer at Ocean Power Technologies
new jersey, united states
Employees:
49
Bob Powers Work Experience Details
  • Ocean Power Technologies
    Svp And Chief Financial Officer
    Ocean Power Technologies Dec 2021 - Present
    New York City Metropolitan Area
  • Constellation Advisers, Llc
    Chief Financial Officer
    Constellation Advisers, Llc Mar 2020 - Dec 2021
    New York, New York, United States
  • Finance Consultant
    Cfo Advisor
    Finance Consultant Jun 2018 - Mar 2020
    ➔ Advise companies as a CFO through their entire capital raising and M&A processes: create investor presentations and financial models, lead due diligence efforts, negotiate terms➔ Lead all the financial activities of the company and manage the appropriate teams: financial planning and analysis, define KPIs, and prepare forecasts, budgets, and operating plans.➔ Develop financial reporting cadence and make presentations to internal decision makers—board of directors, C-Suite, and senior management.➔ Formulate and execute on corporate development initiatives.➔ Manage external relationships with strategic partners, investors, and investment banks.➔ Overall management of finance function and cash management and forecasting
  • Sterling Talent Solutions
    Vp Finance
    Sterling Talent Solutions 2013 - Jun 2018
    New York, New York
    Sterling Talent Solutions is a $500 million technology enabled multinational, provider of pre and post employment verification services, including criminal checks, prior employment, education and professional licensing verifications, motor vehicle checks, and drug testing. Sterling is majority owned by Goldman Sachs private equity.Accountable for all controllership, tax, treasury, shared services, and M&A activities. Reporting to Board, executive team, audit committee, debt holders (including compliance certificate), and private equity investors.
  • Gte
    Corporate Controller
    Gte 2010 - 2013
    GTE is a $40 million, venture capital owned, multinational company which designs, manufactures and supplies proprietary clean-tech energy saving and performance-enhancing solutions to the power generation, oil & gas and aviation industries.Responsible for global controllership and finance activities (Sweden, UK, Italy, Russia, Abu Dhabi, USA) working closely with the CEO, CFO, and Regional VP’s to define and implement the financial strategy. Served as principal financial liaison with legal counsel, including review of all contracts and agreements. Managed relationship with Company’s external auditors to facilitate the efficient audit of the annual financial statements and review of the interim financial statements. Maintained the general ledger and all necessary subsidiary ledgers to ensure the financial accounts were accurate and in compliance with IFRS standards and AIM listing requirements.♦Implemented worldwide Accounting Policies and Procedures Manual in accordance with IFRS standards, London AIM listing, and Sarbanes-Oxley best practices.♦Implemented systems ensuring proper functioning for financial reporting compliance and internal accounting controls.♦Successfully managed the Research and Development budget and forecast preparation, ROI analysis and tracking of costs for each project and /or program.
  • Sabic
    Asst. Global Controller
    Sabic Jan 2008 - May 2010
  • Plug Power
    Corporate Controller/Acting Cfo
    Plug Power 2005 - 2008
    PLUG is a fuel cell technology R&D company with approximately 400 employees.Responsible for financial planning and reporting, financial system implementation, business analysis and M&A activities. Project manager for company wide Sarbanes Oxley compliance program. Developed short and long term revenue and expense forecasts. Oversaw the preparation and review process for all SEC filings, including Form S-3, 10-K, 10-Q and 8-K, dealing directly with the SEC. Prepared financial statements and related footnotes in accordance with US GAAP. Drafted MD&A, and evaluated complex financial transactions, ensuring compliance with applicable accounting principles including FIN 46, SFAS 158, SFAS 142, SAB 104. Prepared defined contribution benefit plan financial statements in compliance with ERISA regulations.♦Supervised and developed a staff of 9 professionals and used financial data to serve as an advisor to senior management. ♦Led $71 million secondary offering in August 2005 and $250 million private placement in June 2006.♦Instituted a monthly budget performance review system with division leaders, increasing focus on financial performance. ♦Implemented project accounting system to support the companies R&D service business. Automated multiple activities and integrated others with this new system in order to streamline processes, reduce errors and provide better historical data.♦Implemented a capital purchasing policy, including the demonstration of investment objectives and expected returns.♦Risk management decision maker for all insurance and hedging (interest rate and commodity) activities. Saved the company $150,000 in insurance premiums. ♦Created cross-functional compliance teams at all group locations to ensure ongoing compliance with Sarbanes-Oxley.
  • Pricewaterhousecoopers
    Senior Manager
    Pricewaterhousecoopers Sep 1993 - May 2005
    Albany, Ny And Boston, Ma

Bob Powers Skills

Us Gaap Financial Analysis Financial Reporting Internal Controls Forecasting Mergers And Acquisitions Sarbanes Oxley Act Accounting Sec Filings Account Management Management Team Building Auditing Financial Accounting Managerial Finance Strategic Planning Leadership Strategy Business Development Executive Management Financial Planning Business Process Improvement Finance Internal Audit Due Diligence Budgeting International Financial Reporting Standards Financial Statements General Ledger Cash Management Risk Management Financial Modeling Tax Private Equity Financial Forecasting Microsoft Excel Business Analysis

Bob Powers Education Details

Frequently Asked Questions about Bob Powers

What company does Bob Powers work for?

Bob Powers works for Ocean Power Technologies

What is Bob Powers's role at the current company?

Bob Powers's current role is SVP and Chief Financial Officer at Ocean Power Technologies.

What is Bob Powers's email address?

Bob Powers's email address is ro****@****-ip.com

What schools did Bob Powers attend?

Bob Powers attended Fordham University, Rensselaer Polytechnic Institute.

What skills is Bob Powers known for?

Bob Powers has skills like Us Gaap, Financial Analysis, Financial Reporting, Internal Controls, Forecasting, Mergers And Acquisitions, Sarbanes Oxley Act, Accounting, Sec Filings, Account Management, Management, Team Building.

Who are Bob Powers's colleagues?

Bob Powers's colleagues are Lorren Livingston, Kevin Mcguire, Jim Burden, Timothy Liska, Emily Choy, Don Tamru, Neha Groves, Ms, Pmp.

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