Chief Accountant, Corporate Secretary, & Mergers & Acquisitions Deal Lead
Cost Xpert Group Inc.
Greater San Diego Area
Cost Xpert Group, Inc. (spin off of Marotz, Inc.) was a software developer as well as software development consulting and training services with approx. $5M revenue and approx. 75 employees.Responsible for all US accounting and human resource functions corporate wide, including cash management, customer contracts, billing, accounts receivable, accounts payable, sales taxes, payroll, employee visa management, financial statements, Board of Director meetings and corporate resolutions• Managed a struggling start-up company with material barriers to success through significant corporate changes in all areas of the company which lead to two successful exit transactions, a successful spin-off of the software product side of the business; and the selling of the software development services side of the business.• Negotiated the company out of a highly expensive asset based lending deal, saving the company over $600k.• Collected on approx. $100k in accounts receivables which had been written off, providing highly needed cash flow at a critical time.• Audited all historical payroll related liabilities and negotiated remedies with the IRS, including their waving $50,000 in penalties & interest.• Developed and delivered engaging LEGO© based training meetings about project management issues. Participants had a fun time learning and assumed ownership of their role in a successful project, which lead to a significant reduction in scope-creep issues which were reducing profits associated with billable projects.