Corporate Controller
CurrentMember of new management team hired to turn around high-tech Semiconductor Incubator Company that was under financial stress for several years. Scope of responsibility includes general accounting, budget & forecasting, financial analysis, treasury, cash management, risk management, internal & external reporting, tax, internal audit.▪ Resolved cash crisis & turned years of negative profits to positive cash flow & profits within first quarter of arrival relieving company from financial stress. ▪ Created timely metrics and financials to facilitate sales and operations ability to course correct & maximize efficiency. This resulted in beating the industry average for EBITDA. ▪ Customized specific profit center reports improving C&F of complex business units allowing production and sales to win business that was avoided in the past increasing revenue over 2 years by 70%. ▪ Treasury management of scarce cash during economic downturn allowed company time to move to a positive cash flow. This allowed sales and production initiatives time to generate increasing profits that allowed us to pay off all debt ($6M+) within 18 months.