Elias Murraymetzger Email & Phone Number

San Francisco Bay Area

San Francisco

Coordinated the development and execution of disruptive education-based flight training business focused on adult learners looking to travel while they learn. Recruit key personnel and vendors to enhance the business and reorganize accounting processes to produce accurate financial statements on a timely basis.• Led the development of the full-featured custom website and scheduling engine for on-demand flight training available at 400 locations through out the west.• Acquired customers through social media campaigns and direct marketing, resulting in $800,000 in revenue since inception. Grew operations from inception to $400K annual revenues with 100+ students. • Developed industry relationships with flight clubs and leasing organizations, resulting in numerous aircraft costing $600,000 being available for customer flight training.• Led and managed educational content creation utilizing industry-leading experts that led to the submission of a full-featured private pilot syllabus being recognized by the FAA as industry standard (FITS).

Emeryville Ca

Providing financial guidance and leadership to the business and establish direction for the accounting operations. Responsible for the accounting of the U.S. entities, consolidations, and a key liaison with the international Finance team. Responsible for optimizing, scaling and standardizing the company’s accounting operations and processes; including oversight of external financial reporting; filings with the SEC; managing all accounting policies, and technical GAAP research and analysis; managing the external auditor relations and the external audit process with the Company’s independent auditors; oversight of the financial consolidation process and preparation of the consolidated financial statements; oversight of all technical accounting guidance provided to the business; and ensuring compliance activities, disclosure and internal controls over reporting are in place and working.Responsibilities * Active involvement in addressing complex financial reporting issues as they arise and providing a second opinion on the application of the technical accounting rules * Build and maintain efficient and effective internal controls and processes * Support and direct management over all internal and external audits affecting the consolidated entities* Oversight over the external reporting requirements including preparation and filing of Form 10-K, 10-Q, Form 8-K, Proxy, and other periodic filings * Manage and establish key metrics and goals for measurement of achievement that are strategic imperatives for the company * Ensure that financial activities are in conformity with U.S. Generally Accepted Accounting Principles (GAAP), FASB, and SEC regulations and corporate policies * Lead in the development, maintenance and education of all major accounting policies and system requirements

San Francisco Bay Area

High level consultative engagements with fortune 500 companies• Deferred revenue review and practices validation interfacing with Oracle 12, Hyperion & AssureNet by Trintech• Multi-national statement of cash flows process supervision and review at the fourth largest software company in the world at the Director level

San Francisco

Reported Directly to the CEO, Led Financial, Human Resources and Facility Operations• Served as operational Co-CEO during CEO transition from August 2014 to January 2015. Led company-wide and board presentations, managed strategic policy execution and made day-to-day tactical decisions• Developed 2014/2015 fiscal plans and operational goals • Negotiated, leased, designed and provisioned the company’s new headquarters in San Francisco (9,000 sq. ft.) and New York field office (2,500 sq. ft.) totaling $3.4 million in leased contract value• Oversaw the recruitment and hiring of 30 employees• Supervised Intacct SAAS accounting system implementation including integration with Salesforce (customer relationship management), Bill.com (accounts payable) and Expensify (travel and entertainment expense) to create an integrated paperless single point of entry Finance and CRM platform

San Francisco

Reported Directly to the CEO, Executed an Executive Financial Planning and Analysis Project• Reviewed companies strategic strengths and weaknesses• Collaborated with executives to develop key metrics and interdepartmental contingencies• Facilitated a strategic discussion with executive team that resulted in a consensus on overall business goals and the underlining departmental objectives and metrics (both operational and financial) for each fiscal quarter• Developed a full financial model for the next fiscal year, including revenue and cost projections, income statement, balance sheet and cash flow

Reported Directly to the CEO, Managed Worldwide Finance, Human Resources, Order Fulfillment and Facilities Operations• Directed the Company’s financial operations, including internal and external accounting and reporting, investor relations, equity and debt financing efforts, financial planning and analysis, treasury, Sarbanes Oxley compliance, tax, legal & regulatory compliance and financial audit processes• Raised capital and maintained investment banking relationships to optimize the Company’s capital structure, including the annual renewal of the Company’s $10 million revolving line of credit and other convertible debt instruments• Collaborated with the CEO and Chairman of the Board of Directors to develop all Board meeting presentations. Led presentations and discussions of all relevant financial information in support of management and Board level strategic decision making process• Successfully managed the Company’s responses to a SEC review comment letter (2009) regarding the revenue recognition of complex patent sales, intellectual property and software licensing revenues• Negotiated and executed key terms of $14 million license and sale of patents to Skype and Intellectual Ventures (2010)• Supervised Netsuite ERP migration from GP Dynamics (2010)• Oversaw order fulfillment processes for direct, reseller and technology licensing channels• Developed, maintained and executed worldwide human resource programs for six domestic and international work site locations • Supervised all facility leasing and subleasing activities including outfitting and operating those facilities to optimize cash flows and expenses while meeting the Company’s operations goals• Managed special projects as directed by the CEO and the Board of Directors, including equity plan registrations, an equity plan repricing through a tender offer process, annual proxy initiatives, and both strategic and tactical business analysis reports

Reported Directly to the CFO, Managed the Production of SEC Financial Statements, Regulatory Filings, Compliance and Internal Financial Reporting and Analysis• Managed the production of the financial statements, including drafting, integrating comments from management, auditor and board of directors, and filing with the SEC• Ensured compliance with all relevant revenue recognition guidance for complex multi-year royalty and product based patent and software licenses, including the development of recognition policies defensible upon review by the SEC (2006)• Developed and implemented companywide accounting policies to ensure GAAP and regulatory reporting compliance, including all software, hardware and services revenue recognition guidance• Designed and installed controls and managed the company’s initial Sarbanes Oxley compliance effort and ongoing compliance• Managed the Company’s annual budget processes and monthly reporting packages• Supervised a team of four staff, as well as tax and IT consultants• Oversaw the independent registered public accountant’s annual audit and quarterly reviews • Participated in management and auditor presentations to the audit committee

Boston, Massachusetts, United States

Worked closely with CFO and Controller to ensure compliance with Sarbanes-Oxley and the Production of SEC Financial Statements. Facilitated the production of financial statements, including drafting, integrating comments from management, auditor, and board of directors, and filing with the SEC. Supervised the close of monthly financial statements and the production of financial and operational data reports for management. Researched new and existing accounting guidance on software, hardware, and services revenue recognition. • Developed and implemented revenue recognition policies for multiple distribution channels and revenue types, reducing closing times from 10 days to 5 days. • Led the development and implementation of company-wide accounting policies, ensuring GAAP and regulatory reporting compliance, including all software revenue recognition policies following ASC 605.• Produced and maintained Sarbanes-Oxley documentation and summary reports of the Company’s controls to support management’s 302 and 404 certifications.

San Francisco Bay Area

Planned, budgeted, and managed simultaneous multi-location projects and provided Sarbanes-Oxley compliance recommendations to management. Improved the company's performance by leveraging internal expertise and training in stock options, software revenue recognition, and other complex accounting principles.• Led the execution of financial statement audits of SEC registrants in the software, manufacturing, and insurance industries with up to $1.6 billion in annual sales.