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Results-driven financial executive with a proven track record enhancing global and local financial teams and leading successful transformations for sustained growth. Specializing in building, training, and optimizing dispersed groups, I foster cultures of teamwork and professional development. Currently serving as CFO of Octave Bioscience, a private precision care company in the neuro degenerative space combating disabling neurological diseases such as Multiple Sclerosis (MS), Parkinson's Disease and eventually Alzheimer. Prior to Octave Bioscience, I was the CFO of Medexus Pharmaceuticals, a public rare disease solutions company undergoing rapid growth, with annual revenue exceeding $100M. Notable achievements include restructuring the balance sheet with a $56.5M new debt facility and achieving Zero Audit observations since becoming CFO.
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CfoOctave Aug 2024 - PresentMenlo Park, California, Us -
CfoMedexus Pharmaceuticals, Inc Jul 2021 - Jul 2024Chicago, Il, UsLed the financial and accounting functions for a rapidly growing rare disease solutions company, anticipating annual revenue surpassing $100 million. I've improved corporate planning by integrating scenario planning to align decisions with our strategic objectives. My achievements encompass forging a strategic partnership with the CEO and Board, reinforcing analyst relationships, optimizing our team, restructuring a $56.5M debt, reversing cash flow after a negative FDA decision, and ensuring Zero Audit observations for compliance since my tenure as CFO. -
Senior Vice President Finance & AccountingCaredx, Inc. May 2021 - Jul 2021Brisbane, California, UsIn 2018, I took on the role of Vice President, Corporate Controller, and later assumed the position of Senior Vice President, Finance & Accounting in 2021. That same year, I also served as the Acting Chief Financial Officer. As a change agent, I led significant improvements in the global Accounting and Financial functions of a rapidly growing healthcare solutions company. During my tenure, the company's market cap surged from $500 million to over $4 billion in just three years. I managed recruitment, onboarding, training, and direction for 20 direct reports globally, playing a crucial role in maximizing financial success across subsidiaries in the US, Australia, Sweden, and Austria. Notable contributions include spearheading a >$200M equity raise as Acting CFO, redesigning functions for optimal performance, restructuring the global accounting team for increased productivity and SOX 404b compliance, and implementing effective financial closing and filing processes. Additionally, I directed the phased rollout of a new global accounting system using NetSuite for five subsidiaries. -
Acting CfoCaredx, Inc. Jan 2021 - Apr 2021Brisbane, California, Us -
Vice President, Corporate ControllerCaredx, Inc. Aug 2018 - Dec 2020Brisbane, California, Us -
Cfo At Santen Us And Santen Ventures, Global Head Of R&D FinanceSanten Apr 2016 - Jul 2018Osaka, Japan, JpJoining Santen USA in 2013 as Controller, I stabilized the Accounting team and ensured financial readiness for a major product launch. Progressing swiftly, I became Senior Director of Finance & Accounting in 2014 and served as Chief Financial Officer from 2016 to 2018. Accomplishments include assembling and developing two global Finance/Accounting teams, redesigning the Global R&D Finance function to cut expenses by $25M, collaborating on the $50M Santen Venture Fund, implementing IBM TM1, launching a Procurement Department, and achieving perfect audit results through dynamic internal controls. -
Senior Director Finance & AccountingSanten Sep 2014 - Mar 2016Osaka, Japan, Jp -
ControllerSanten Nov 2013 - Aug 2014Osaka, Japan, Jp -
Head FinanceNovartis May 2011 - Oct 2013Basel, Baselstadt, ChI contributed to the establishment of a new SAP plant, strategically aligned with the launch of a high-potential respiratory drug poised for substantial growth. This initiative represented a significant step in laying the foundation for a major endeavor. In addition to the infrastructure development, there was a nuanced shift in our financial strategy. We transitioned from a clinical orientation to a comprehensive focus on commercial manufacturing. To ensure prudent financial decisions, we introduced a Capital Investment Committee. This committee played a pivotal role as a guiding force, overseeing and advising on sitewide manufacturing investments, demonstrating a commitment to meticulous financial planning and decision-making. -
Associate Director BpaNovartis Feb 2009 - Apr 2011Basel, Baselstadt, ChEarlier in my career, between 2008 and 2011, I held dual roles, initially serving as the Manager in Commercial Business Planning & Financial Analysis and later advancing to the position of Associate Director in Business Planning & Analysis. I played a key role in providing critical financial insights for tenders, supporting growth in LATAM and the United States. Additionally, I contributed significantly to a legal entity tax restructuring initiative, generating substantial savings for the company and adding a commendable financial achievement to our portfolio. -
Manager BpaNovartis Feb 2008 - Jan 2009Basel, Baselstadt, Ch -
Manager FraNovartis May 2005 - Jan 2008Basel, Baselstadt, Ch -
AssociateKpmg International Oct 2004 - May 2005New York, Ny, Us -
Division ControllerSwiss International Air Lines Jan 2001 - Aug 2003Zurich Airport, Ch -
TraineeHyatt Hotels Corporation 1999 - 2000Chicago, Il, Us
Marcel Konrad, Cpa Skills
Marcel Konrad, Cpa Education Details
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Harvard Business SchoolFinance -
University Of San DiegoBusiness -
University Of Lausanne - UnilBusiness -
Kpmg Event
Frequently Asked Questions about Marcel Konrad, Cpa
What company does Marcel Konrad, Cpa work for?
Marcel Konrad, Cpa works for Octave
What is Marcel Konrad, Cpa's role at the current company?
Marcel Konrad, Cpa's current role is CFO at Octave Bioscience.
What is Marcel Konrad, Cpa's email address?
Marcel Konrad, Cpa's email address is ma****@****ail.com
What is Marcel Konrad, Cpa's direct phone number?
Marcel Konrad, Cpa's direct phone number is +192581*****
What schools did Marcel Konrad, Cpa attend?
Marcel Konrad, Cpa attended Harvard Business School, University Of San Diego, University Of Lausanne - Unil, Kpmg Event.
What skills is Marcel Konrad, Cpa known for?
Marcel Konrad, Cpa has skills like Us Gaap, Ifrs, Budgets, Business Planning, Financial Reporting, Internal Controls, Sarbanes Oxley Act, Finance, Financial Modeling, Financial Audits, Forecasting, Managerial Finance.
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