David Moniz Email & Phone Number

Topsfield, Ma, Us

Cambridge, Massachusetts, Us

Reduced the financial close process from 14 days to 4 days. Manage, train and develop staff. Consolidate the revenue reporting and analysis for both Service and Product for all business units. Manage, develop and analyze annual forecast of $1.2B. Completed restructure and consolidation of international pension accounting in compliance with US GAAP. Developed and implemented an automated pension reporting process with the SAP Competency Center. Coordinated the successful implementation of FAS 157 and FAS 158 including auditor process reviews. Project management responsibility for the fringe forecast and incurred cost submission. Review monthly cross-business allocations to business segments. Work with DCAA/DCMA to resolve any CAS questions and U.S. Government audit issues. Manage monthly, quarterly and annual close process, $12B in account reconciliations and trial balance reviews. Manage both Sarbanes-Oxley and financial audits with PwC. Prepare and review 10Q, 10K and 11K financials and footnotes. Optimization of general ledger accounts to align with current business process. Created 6, retired 29 and updated 25 policies as part of the company wide Accounting Policy/Curriculum Council. Consolidated and presented the corporate Summary Judgment and Estimates to executive management. Drove disclosure process with Government accounting, legal, tax, HR, FSS, IT, FP&A and Business Development. Manage quarterly accrual process consolidating all the business units, Excess 401K and Executive Life (COLI).

Us

Implemented Oracle Financial Systems including G/L, A/P, A/R ahead of schedule and under budget.Assisted executive team in raising $54 million dollars in venture capital.Direct annual budgeting process and sales compensation plans, partnering with the Management and Executive team to develop and rollout a complete P&L including gross margins and cost center expenses.Direct all treasury functions including relationships with three banks and several brokerage houses.

July 2004 (Provides network services to securely connect business locations over the Internet) DIRECTOR OF FINANCE / CONTROLLER Direct all accounting, financial analysis and audit functions including Revenue, A/R, Billing, A/P, Payroll, Fixed Assets and B/S. Manage all legal responsibilities working with Ropes & Gray. Responsible for contract negotiations, RFP's, NDA's and vendor relations. Manage the human resources/benefits, accounting and finance team of three accounting professionals. Implemented Oracle Financial Systems including G/L, A/P, A/R ahead of schedule and under budget. Direct annual budgeting process and sales compensation plans, partnering with the Management and Executive team to develop and rollout a complete P&L including gross margins and cost center expenses. Manage successful audits with PwC. Compliance with FASB and GAAP. Assisted executive team in raising $54 million dollars in venture capital. Direct all treasury functions including relationships with three banks and several brokerage houses. Project manager of build out of 11,000 sqft corporate headquarters facility on time and under budget. and facility functions to maximize protection and minimize costs. Drove cost reductions in corporation to save over $5 million annually. Implemented all policies and procedures and internal controls to reduce expenses and improve efficiency.

Santa Clara, California, Us

Manage P&L with revenue of $140 million and expenses of $82 million for Product Marketing and R&D. Manage the PwC audit process successfully. Financial Business Partner for VPN, Internet and Software product/programs lines. Approve revenue deals, margins, inventory management and product life cycle Manage MIS budget to maximize services to employees while reducing expense and headcount. Consolidate financials and publish financial package. Responsible for monthly, quarterly and year-end financial close. Manage balance sheet review and accrual process. Develop divisional budgets, forecasts and financial reporting. Manage and develop Financial Analyst.

Santa Clara, California, Us

Manage P&L with revenue of $140 million and expenses of $82 million for Product Marketing and R&D. Financial Business Partner for VPN, Internet and Software product/programs lines.Approve revenue deals, margins, inventory management and product life cycleResponsible for monthly, quarterly and year-end financial close.Manage and develop staff.

Manage P&L for division. Develop divisional budgets, forecasts and publish financial results. Responsible for monthly financial reviews with Vice President and Divisional Directors. Develop and manage new project accounting and tracking working with Eng., Mkt and Mfg. Manage Royalty analysis and payment program. Team Member of the selection and implementation of the ORACLE software system for General Ledger and Cost Accounting modules.

Manage P&L for division. Develop divisional budgets, forecasts and publish financial resultsResponsible for monthly financial reviews with Vice President and Divisional DirectorsDevelop and manage new project accounting and tracking working with Eng., Mkt and Mfg.Team Member of the selection and implementation of the ORACLE software system for General Ledger and Cost Accounting modules.

Manage the accounting and reporting of $17M of fixed assets. Cleared accounts of unreconciled balances and reduced process time of monthly additions. Maintain $6.8M of capital leases. Raised $3M in a sales/leaseback capital lease. Responsible for managing the general ledger and the month end process and reports. Enhanced fixed asset database to identify each asset to a user and an audit control number.

MANAGER OF ACCOUNTING Manage all facets of revenue reporting, general accounting, financial reporting and analysis, accounts receivable, accounts payable, tax, payroll and collections. Strong knowledge of GAAP, monthly close and accounting systems. Manage and develop accounting staff of ten direct reports. Responsible for all cash and banking relationships including a 50% reduction in credit card fees. Decreased accounts receivable and lowered bad debt.

Assist Vice President of Finance in controlling P&L and Balance Sheet. Responsible for developing and reporting annual and five year budgets. Manage all financial reporting and analysis including monthly, quarterly and annual close. Supervise, train, develop and review Financial Analyst and staff. Manage costs and wholesale pricing improving gross margin each season. Analyze gross margin by product line to ensure maximum profitability. Forecast and manage the salesforce commission structure. Worked with International Exchange rates for Europe and Asia

Responsible for compiling, reviewing and publishing of all financials. Manage monthly, quarterly and annual close. Manage data processing for all of Finance including development of new systems. Hired into exclusive Finance Executive Training Program. Developed for eighteen months in three separate disciplines.

Master'S Degree, Finance

B.S., Business Administration