Chris Lorch

Chris Lorch Email and Phone Number

President, Acteon Advisors @ Atlantic BT
Chris Lorch's Location
Raleigh-Durham-Chapel Hill Area, United States, United States
About Chris Lorch

Builder of financial systems, accounting controls, and processes for start-up and emerging companies with particular high tech, Ecommerce, software and life sciences industry expertise. Also significant experience in the construction and HVAC industries. Advanced Certified QuickBooks ProAdvisor with expertise implementing QuickBooks Online.I help CEOs and senior executives understand financial implications of strategic and operational decisions; I keep companies out of financial trouble by managing cash, projecting cash requirements, and ensuring operating run-way is sufficient until next funding event or company reaches cash flow positive; I provide financial and operational guidance to executives, pointing out financial trends and explaining operational relevance. Furthermore, I am an action oriented professional who not only reports financial information but leads charge to corrective action. I am a CPA with over thirty years of extensive senior financial experience. In addition to financial expertise, founded and operated software company so I provide unique skill set of a financial professional with in depth operations experience. I am hands-on professional – comfortable working in the details but also capable of presenting top level financial information to senior executives. Selected highlights of my background are:• Advanced QuickBooks Certified ProAdvisor.• M&A experience providing financial evaluation of targets, leading financial due-diligence and coordinating financial integration (engaged in over 15 acquisitions during career)• Extensive experience with various accounting systems including QuickBooks.• Revenue recognition expert, particularly software, “SaaS”, and long term service contracts• Cash management expert, establishing cash forecasting and monitoring processes.• Financial reporting expert, external (10Q and 10K reporting) and internal management reporting.• Budgeting/forecasting expert

Chris Lorch's Current Company Details
Atlantic BT

Atlantic Bt

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President, Acteon Advisors
Chris Lorch Work Experience Details
  • Acteon Advisors
    President
    Acteon Advisors Dec 2017 - Present
    Acteon Advisors - Provides accounting and financial services to small and emerging companies in a variety of industries; specializing in high technology companies plus HVAC installation and services companies.Certified QuickBooks ProAdvisor, installing and implementing QB on line and desktop for clients. Provide operational advice as well as financial advice to entrepreneurs. Duties typically required to set up accounting systems and processes; financial planning; cash management and cash projections; financial reporting; budgeting and forecasting; and financial analysis as required. QuickBooks and financial modeling expert. Most recent clients include Docent Health, Inc., software and services company; Atlantic Business Technologies, software development; and G&M Service and Comfort Monster, HVAC Services Companies.http://www.acteonadvisors.com
  • Atlantic Bt
    Chief Financial Officer
    Atlantic Bt Jul 2016 - Present
    Raleigh, North Carolina, Us
  • Houghton Mifflin Harcourt
    Financial Director, Hmh Services Division
    Houghton Mifflin Harcourt Nov 2013 - Aug 2016
    Boston, Massachusetts, Us
    Houghton Mifflin Harcourt - Provider of pre K-12 educational content and services, combining digital innovation and research ($1.3 Billion)Provided financial support to Education Services division, including budgeting, forecasting, and monthly financial reports. Established accounting and financial process for new technical services division including tracking and managing long term contracts that included software, technical services, and support. Ensure timeliness of billing and proper revenue recognition in accordance with generally accepted accounting rules.http://www.hmhco.com
  • Acteon Advisors
    Principal
    Acteon Advisors May 2016 - Jul 2016
    Acteon Advisors - Provided accounting and financial analytic services to small and emerging companies in a variety of industries; specializing in high technology companies.Provide operational advice as well as financial advice to entrepreneurs. Duties typically required to set up accounting systems and processes; financial planning; cash management and cash projections; financial reporting; budgeting and forecasting; and financial analysis as required. QuickBooks and financial modeling expert. Most recent clients include Docent Health, Inc., software and services company, Atlantic Business Technologies, software development, and Comfort Monster, HVAC Services Company. http://www.acteonadv.com
  • Choice Solutions, Inc
    Corporate Controller
    Choice Solutions, Inc 2011 - 2013
    Choice Solutions, Inc. - Developer and provider of enterprise education software, systems, and related professional services including post-implementation support and maintenance for pre-kindergarten through college (“P-20”) information technology needs. ($10 Million)Responsible for entire financial operations of Choice Solutions, Inc. including cash management, financial reporting, client invoicing, accounts payable, accounts receivable, payroll, general ledger, risk management. and financial analysis.Contributions to Choice Solutions• Completely revamped company’s chart of accounts and financial reporting to provide better and more complete financial information.• Established controls over managing and monitoring deferred revenue and revenue recognition of revenue• Strengthened companies collection practices to improve cash management• Key contributor to financial due diligence during the acquisition process by Houghton Mifflin Harcourt
  • Acteon Advisors
    Principal
    Acteon Advisors 2008 - 2011
    Acteon Advisors - Provided accounting and financial analytic services to small and emerging companies in a variety of industries; specializing in high technology companies.Provided operational advice as well as financial advice to entrepreneurs. Duties typically required to set up accounting systems and processes; financial planning; cash management and cash projections; financial reporting; budgeting and forecasting; and financial analysis as required. QuickBooks and financial modeling expert. Most recent clients included Choice Solutions, Inc. ($10M) acquired by Houghton Mifflin in 2013, Stoplift, Inc. ($3M), and Mindmax, Inc. ($3M). http://www.acteonadv.com
  • Acteon Technologies, Inc.
    Co-Founder And President
    Acteon Technologies, Inc. 2002 - 2008
    Acteon Technologies - Developer of corporate performance management software, including budgeting and forecasting applications for small to mid-sized enterprises.Designed and developed functional specifications for the Company’s flagship product, BudgetGuide; Recruited team to develop the product; Led the marketing effort for distributing the product; Developed channel strategy, Recruiting channel partners; Formulated and executed on corporate strategy; Responsible for all financial operations of the company including identifying and securing outside sources of funding.
  • Mercury Computer Systems, Inc.
    Corporate Controller
    Mercury Computer Systems, Inc. 1997 - 2002
    Andover, Ma, Us
    Mercury Computer Systems, Inc. - Provider of commercially developed, open sensor and big data processing systems, software and services for critical commercial, defense and intelligence applications. ($600 Million)Managed entire financial operations with a staff of 16. Responsible for general ledger, inventory and cost management; treasury operations; accounts receivable; accounts payable; financial reporting, risk management; financial analysis; liaison to company external auditors Contributions to Mercury Computer Systems• Key contributor to the company’s initial public offering in 1998 including creating the company’s registration statement and establishing process for creating annual and quarterly public reporting.• Led the accounting organization in completely revamping financial operations including introducing budgeting process to company management and financial organization• Provided leadership in the due diligence and financial review of four acquisition targets
  • Dataware Technologies, Inc.
    Treasuer And Chief Financial Officer
    Dataware Technologies, Inc. 1995 - 1997
    Dataware Technologies, Inc. - Developer and distributor of data management and search software, including professional services and post implementation support and maintenance ($20 Million)Responsible for overseeing entire financial operations, including banking relations, outside investors, quarterly investor conference calls. In addition, member of senior executive team, providing financial strategic and operational advice.
  • Dataware Technologies, Inc.
    Corporate Controller
    Dataware Technologies, Inc. 1993 - 1995
    Dataware Technologies, Inc. - Developer and distributor of data management and search software, including professional services and post implementation support and maintenance ($20 Million)Responsible for entire financial operations with a staff of 10, including general ledger, financial consolidations; financial reporting, internal and public reporting (annual and quarterly reports); accounts receivable; accounts payable; liaison to company external auditorsContributions to Dataware Technologies• Developed the company’s first SEC reports, annual and quarterly upon initial public offering in 1993• Developed the company’s first budgeting process and led the company each year in the development of the annual budget with quarterly forecast updates.• Provided leadership in the due diligence and financial review of eight acquisition targets
  • Genzyme Corporation
    Division Controller
    Genzyme Corporation 1991 - 1993
    Genzyme Corporation - Manufacturer and distributor of pharmaceuticals ($1 Billion)Provided financial support to the Senior Vice President and executives of the Bio-therapeutics division. Responsibilities included working with operational personnel to provide bottoms up budgets and forecasts; monthly financial reports for worldwide operations; coordinating periodic inventory counts and reconciliation, and financial analyses as required or requested. Responsibilities required occasional international travel.
  • Genzyme Corporation
    Financial Controller
    Genzyme Corporation 1987 - 1991
    Genzyme Corporation - Manufacturer and distributor of pharmaceuticals ($1 Billion)Managed staff of 10, responsible for Accounts Payable, Accounts Receivable, General Ledger, Monthly closing of financial books, internal management reports, external management reports (10K, 10Qs, etc.) and financial analysis as required. External reporting included not just the corporate entity but also certain public research companies. Furthermore, led financial due diligence on three acquisition targets
  • Fidelity Management And Research Company
    Accounting Manager
    Fidelity Management And Research Company 1985 - 1987
    Managed a staff of 10 responsible for general accounting, budgeting, financial analysis, monthly internal reporting, and preparation of the Company's annual report
  • Fidelity Mnagement And Research Company
    Assistant Treasurer
    Fidelity Mnagement And Research Company 1983 - 1985
    Coordinated preparation of financial reports, prospectuses, and all public financial documents for eight to ten Fidelity Mutual Funds, including Fidelity Magellan Fund, Fidelity High Income Fund, and Others
  • Honeywell Information Systems
    Senior Internal Auditor
    Honeywell Information Systems 1980 - 1983
    Charlotte, North Carolina, Us
    Coordinator operational audits at various Honeywell branch offices
  • Coopers And Lybrand Llc
    Senior Auditor
    Coopers And Lybrand Llc 1976 - 1980
    Staff accountant and auditor - Industries served included software, healthcare, financial services, insurance, and manufacturing

Chris Lorch Skills

Budgets Finance Mergers And Acquisitions Accounting Start Ups Financial Reporting Revenue Recognition Due Diligence Managerial Finance Process Improvement Strategic Planning Analytics Quickbooks Internal Controls Cash Management Financial Modeling Executive Management Program Management Financial Analysis Leadership Budgeting Business Process Improvement

Chris Lorch Education Details

  • Boston College
    Boston College
    Accounting

Frequently Asked Questions about Chris Lorch

What company does Chris Lorch work for?

Chris Lorch works for Atlantic Bt

What is Chris Lorch's role at the current company?

Chris Lorch's current role is President, Acteon Advisors.

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What is Chris Lorch's direct phone number?

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What schools did Chris Lorch attend?

Chris Lorch attended Boston College.

What are some of Chris Lorch's interests?

Chris Lorch has interest in Children, Skiing, Civil Rights And Social Action, Environment, Education, Leading Edge Technologies, Science And Technology, Running, Tennis, Travel.

What skills is Chris Lorch known for?

Chris Lorch has skills like Budgets, Finance, Mergers And Acquisitions, Accounting, Start Ups, Financial Reporting, Revenue Recognition, Due Diligence, Managerial Finance, Process Improvement, Strategic Planning, Analytics.

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