Jim Krupiarz, Cpa Email & Phone Number

Operational, hands-on CFO. Excel at ongoing partnerships with founders and CEOs, elevating financial operations of growing businesses. Outsourced CFO services include forecasting, fundraising support, cash planning, strategic planning, accounting management, cap table management, taxation, and investor relations. Current clients include investor funded tech startups, retailers, manufacturers, professional offices, and online sellers.

Early stage E-gifting startup • Company’s first CFO, transitioned finance and accounting from external accountant, implemented QBO.• Partnered with CEO in negotiating and closing $1M+ convertible note round.• Worked directly with CEO as trusted member of executive team, documented transaction flow and building out detailed financial projection including weekly cash management forecast.• Identified the six corporate KPIs that are used to drive company-wide strategy and operational decisions. • Reported financial results to Board at quarterly board meetings.• Managed investor relations including implementing cloud-based Carta cap table management application.

Internet voice and data infrastructure• Established role as company’s first CFO, providing senior level support and advisement to CEO.• Teamed with sales in negotiating agreements with major customers, increasing 12 month rolling revenue by 20% in first year.• Improved cash balance by 47% in one year through increase sales, improving accounts receivable collections, and providing new payment opportunities for customers. • Reduced risk exposure through comprehensive insurance review. Established D&O, E&O, and ELPI coverage, formalized HR policies, and updated sales terms and agreements.• Rebuilt finance and accounting team, hiring candidates with appropriate qualifications, directly training in best practices and effective communications.

Encinitas, California, Us

Cloud communications technology; business voice, SMS, fax, mobile call management• Raised $50M of equity through 2016 through multiple Reg. D private placements including creation and subsequent updates of private placement memoranda and associated investor materials.• Achieved listing on Deloitte Fast 500 in 2014 and 2015 by creating asset control and management reporting systems in high transaction volume business. Grew annual revenues tenfold between 2009 and 2016. • Developed SAAS recurring revenue model for Cloud Phone SME solution as component of complex financial model across five business segments. Used by upper leadership team as tool in resource and capital planning. Interacted with teams across all functional areas to develop revenue projections and cost assumptions. • Closed $10M equity investment and $2M convertible loan by developing custom financial model and teaming with CEO on negotiations with foreign bank investment division. • Managed investor relations with equity investors including many high-profile, high-net-worth whose individual investments exceed $2M each. Directly responsible for relationships with commercial banks, investment banks, and private lending groups holding $6M in asset-backed convertible notes.• Reduced equity management expense by 75% by transitioning cap table from spreadsheets to cloud-based equity management solution. Substantially improved efficiency, security, and stakeholder satisfaction.• Reduced operating expenses by 20% and improved gross margin by 35% year over year by driving vendor renegotiations and resulting cost reductions.• Ensured corporate compliance with tax and regulatory agencies and internal corporate procedures. Guide Board of Directors meetings and present and interpret quarterly financial results. Managed audits, risk management, and multi-state compliance in highly regulated telecommunications industry.

Pre-revenue device startup; developing solution to eliminate a-fib• Developed investor presentation decks for use in fundraising, created accounting and reporting systems, responsible for tax and regulatory filings.• Created financial model to project R&D costs and capital requirements for clinical trials.

Pre-revenue VC- backed device startup; developing solution for cosmetic breast augmentation• Developed and installed accounting system and reporting systems, responsible for tax and regulatory filings.• Presented spending reports to board of directors at quarterly board meetings.

Sporting goods manufacturer; products sold by major retailers, $20M in annual sales• Managed daily funding of financed accounts receivable to improve liquid working capital.• Managed Letter of Credit relationship with Wells Fargo to finance product manufacturing in China.• Teamed with CEO on successful exit resulting in sale of product lines to national competitor.

Cleanroom & data center maintenance; private equity ownership, 200 employees nationwide• Managed accounting and operations private equity post-acquisition, 200 employees nationally.• Guided quarterly Board of Directors meetings, presenting and interpreting financial results.• Managed lender relationships including covenant compliance and management fee reporting.• Implemented monthly closing process consolidating reporting for four regional locations.

Wholesale and retail distributor, DVDs and video games• Led team of 35 including accounting, order entry, customer service, and shipping.• Implemented MAS200 ERP system improving controls and increasing revenues from $2M to $20M.• Guided $4.5M in real estate transactions from offer to loan procurement, escrow, and closing.

Mba, Finance Emphasis

Bachelors Of Science, Accounting