Kristi Lanier, Cpa Email & Phone Number

Yarmouth, Ma, Us

Waltham, Massachusetts, United States

Toronto, Canada Area

Cambridge, Ma

Cambridge, Ma

Cambridge, Massachusetts

Originally a privately held, venture backed genomic information company. The company was purchased in January 2015 by WuXi Pharmatec, a publicly held research and development services company that subsequently went private in December 2015.Overall responsibility for multi-location finance departments both domestic and international with a total staff of 5 accounting professionals. Oversight of Human Resource function and IT operations. Key finance support for the sale of the company. Key Accomplishments• Migrated finance system from QuickBooks to Intacct finance system. Multi-entity, foreign currency translation, project accounting and consolidation packages.• Grew finance department from one employee to five employees.• Developed month end reconciliation process and standard month end close checklist which decreased month end close timeframe to 4 days to comply with parent company closing schedule.• Preparation of quarterly business unit reviews and board presentations.• Implemented automated expense reporting system.• Implemented automated time reporting system.• Developed project management procedure to manage sample flow for customers.• Established revenue recognition procedures for services and database licenses.• Provided financial support to Sales & Marketing for the costing of contracts and competitive pricing.• Worked closely with Sales to develop quote templates to adhere with revenue recognition rules.• Developed weekly cash-flow forecasting procedure to leverage operating cash and reduce borrowings from parent company.

High Street Partners, Inc. (“HSP”) is a privately held, venture backed international business software and services firm. HSP provides a range of cross-border services to companies with existing operations overseas or cross-border expansion plans, and assist them with the implementation and ongoing management of international subsidiaries and other entities. HSP provides a single source for the implementation and ongoing management, including set-up, payroll, accounting, tax compliance, advisory and HR localization services. Overall responsibility for multi-location finance departments both domestic and international with a total staff of 10 accounting professionals. Primary contact for external auditors. Liaison to the Audit Committee. Worked with Operations to stream line finance processes. Simplified Billing process. Provided financial support for two additional rounds of financings.Key Accomplishments• Developed weekly cashflow forecasting procedure to leverage operating cash and reduce borrowings.• Implemented streamlined billing processed which reduced timetable for invoicing by 5 days.• Centralized billing organization into accounting organization and decreased billing headcount by 55%.• Developed month end reconciliation process and standard month end close checklist which decreased month end close timeframe from 10 to 8 days.• Implemented revenue recognition procedure for SaaS organization.• Led implementation of Intacct Accounting system and integrated it with SalesForce and our own internal platform.• Implemented project accounting to determine profitability of contracts.• Provided financial support to Sales & Marketing for the costing of contracts and competitive pricing.• Assisted from a financial standpoint in two financing transactions that raised over $14 million.

Employed as a consultant to the Liquidation Trustee for the bankruptcy estate for DGI Resolution, Inc. Key advisor to the Liquidation Trustee due to the breadth of knowledge of the Company and its overall financial operations.; Responsible for providing the documentation and history of past transactions to the Liquidation Trustee. Set up new accounting ledgers for the estate. Validate claims against the estate. Prepare financial supporting schedules for the 2009 and 2010 tax returns.

Overall responsibility for multi-location finance departments both domestic and international with a total staff of 11 accounting professionals. Responsible for Corporate governance compliance and led SOX implementation team. Primary contact for external and internal auditors. Liaison to the Audit Committee. Responsible for all SEC reporting. Coordinated Annual Report preparation and the Annual Meeting. Point person for the Transfer agent. Finance lead in mergers & acquisitions and financing transactions. Led financial integration team for newly acquired subsidiary. Established controls and procedures for corporate office in the US. Implemented detail revenue recognition policy along with standard procedure for documenting unusual accounting transactions. Developed financial procedures and controls for new diagnostic product. Responsible for preparation of initial bankruptcy filings and monthly reporting for the parent company and two subsidiaries. Key Accomplishments• Key financial advisor for new diagnostic product launch, costing and insurance reimbursement to reduce collection time by 10 days.• Transitioned Company to new internal and external auditors and reduced fees over a three year period by 36% and 16%, respectively.• Streamlined Iceland location closing process from three weeks to two weeks.• Finance point person on two convertible debt transactions and one equity offering which in total raised $236 million of funds.• Implemented monthly/quarterly standard closing checklists and developed a financial consolidation process which reduced finance headcount by 15% along with associated audit fees.• Implemented E-Trade/Equity Edge stock option tracking software from manual system reducing processing time by 50%.• Led world-wide project team for evaluation and selection of a company-wide ERP system solution.• Financial support to Sales & Marketing for the costing of contracts to develop competitive pricing in the market place.

Employed in numerous financial positions (with increasing degrees of responsibilities) within Genzyme transgenics, Inc. The most recent position entails oversight of all internal and external reporting, which includes setting accounting policies and procedures. Developed forecasting models and budgets as well as preparing monthly financial reports and forecasts. Prepared all external SEC reporting. Presented to both the Board of Directors and the Audit Committee. Confidence of the Audit Committee and the Auditors. Supervise the accounting staff, benefits administration; company-wide stock plans, treasury function and insurance administration.Key Accomplishments• Developed weekly cashflow forecasting procedure to leverage operating cash and reduce borrowings.• Developed quarterly Government grant reporting template and provided financial support for the preparation of Government grant applications.• Implemented and maintained standard accounting software application and procedures (Deltek).• Centralized accounting organization from 5 locations and decreased finance headcount by 25%.• Developed month end reconciliation process and standard month end close checklist which decreased month end close timeframe from 10 to 7 days.• Implemented revenue recognition procedure in compliance with SAB 101 (Staff Accounting Bulletin No. 101).• Automated fixed asset tracking system which reduced processing time by 30%.• Implemented project accounting to determine profitability of contracts.• Provided financial support to Sales & Marketing for the costing of contracts and competitive pricing.• Acted as the key point person from a financial standpoint in all merger/acquisition and financing transactions and raised over $86 million.