Nicholas Day Email & Phone Number

Burlington, Massachusetts, Us

Burlington, Massachusetts, Us

Burlington, Massachusetts, Us

Burlington, Massachusetts, Us

Burlington, Massachusetts, Us

Burlington, Massachusetts, Us

Burlington, Ma, Us

Publicly listed hardware, software, and services company with approximately $400M annual revenue. Led the finance operations function (appx. 50 people globally) with responsibilities including producing the global revenue and cash forecasts, overseeing the credit and collections operations and leading the sales proposal review function (deal desk).Key accomplishments>> Redesigned the top line projection models to increase transparency, production efficiency, and accuracy. The revised process yielded revenue projections within 1% of actuals. >> Delivered 3% gross margin improvement by reorganizing the deal review process and supported global leadership to negotiate more economically advantageous sales. >> Led the design and creation of a collections management tool to supplement gaps in ERP functionality; resulting transparency and efficiency gains contributed to 11% decrease in DSO within one fiscal quarter. Finance representative steering committee member for all business process improvement initiatives. Led cross-functional team to produce analysis in support of initiatives >> Authorized signatory for all Avid customer contracts.

Concord, Massachusetts, Us

First finance executive hire tasked with creating and leading multiple organizations to support hyper growth (50+% annually) at PE-backed SaaS technology start-up. Led finance, accounting, and revenue operations teams while also being responsible for legal operations and selecting and managing relationships with external partners. Left Gather to relocate from Atlanta back home to Boston.KEY CONTRIBUTIONS:>> Created finance, accounting and revenue operations functions by defining each program and necessary roles, hiring and developing six (6) individuals and consolidating responsibilities from internal and external business partners. >> Converted accounting methodology from cash to GAAP principles, responsible for all post-investment purchase accounting entries and successfully completed the organization's first financial audit on time and with no material weaknesses.>> Temporarily managed entire outside sales team and delivered improved quota attainment of 13% (93% to 106%).>> Partnered with PE-sponsors to execute and integrate Gather's first add-on acquisition and to raise capital to fund acquisition and increasing working capital needs.>> Performed all contract and other legal reviews, served as liaison to outside counsel, redefined customer terms of service, led all non-sales contract negotiations, and selected and negotiated new office space site and terms.>> Developed the annual operating budget and synced with PE firm's investment model; tracked targets against performance and drove course-correction initiatives across the organization; summarized performance to PE operating team each month and to the board of directors during quarterly meetings.

Atlanta, Georgia, Us

First dedicated finance leader for PE-backed, FinTech, SaaS startup. Oversaw FP&A, finance operations, external reporting, treasury, and business intelligence functions while also creating and delivering on multiple organizational improvement initiatives.KEY CONTRIBUTIONS:⇒ Established an annual budget development process with a rolling four quarter forecast cycle and deployed a SaaS planning system to improve controls and efficiency.⇒ Analyzed project and investment viability by conducting pro forma analysis and drafting proposals detailing three-year ROI projections.⇒ Architected the new sales forecast process and created pipeline analysis to determine current and subsequent quarter sales forecast.>> Guided the order-to-cash project, overseeing a cross-functional team in redesigning the process while improving transparency, accuracy, and associated >> Developed an executive strategy process, enabling the creation of a five-year playbook to govern functional areas actions for two acquisitions totaling $10+ million.>> Built a finance framework and streamlined functions through automation and the use of reliable and repeatable processes and building a single integrated data warehouse.>> Devised and implemented a cash management policy, including controls for receipts and disbursements of global currencies and a process to manage international working capital requirements.>> Slashed the number of banking relationships from five to one.

Boston, Ma, Us

Brought on board to direct global financial and strategic planning functions. Developed P&L forecasts for C-level executive review, senior management decision-making, and aid in external guidance. Provided strong leadership to staff at all levels within global teams.KEY CONTRIBUTIONS:⇒ Drove process and performance improvement as program manager for the global operating budget development process, realizing a reduction in lead time of 50%.⇒ Delivered OPEX forecast visibility to 99% of actuals on $1.2 billion in spend and 20,000 global employees across five business units.⇒ Led efforts to design, administer, and deliver findings surrounding advanced analytics, including stock price modeling, average compensation trends, and resource allocation.⇒ Partnered with the global accounting team to create 10-Q, 8-K, and proxy SEC filings, tax forecasts, performance-based accruals, SAB-99 documentation, SEC responses, and legal entity forecasts; served as analytics lead on financial restatements and revisions.⇒ Oversaw financial due diligence, supporting M&A activities; performed go/no go analysis and day one forecasts, interviewed targets, analyzed stock price accretion and dilution, and defined purchase price range.⇒ Spearheaded the design of a semi-annual business case review process, driving enhancements in assumption modeling and integration planning for M&A transactions.

Delivered consultative financial guidance to such entities as Brightcove Inc. and First Wind, Inc. to facilitate the development of appropriate infrastructures, processes, and strategies to mitigate operating risk, enhance organizational effectiveness, and optimize fiscal operations.KEY CONTRIBUTIONS:⇒ Created a ROI calculator to measure profitability and price of customer relationships.⇒Developed pro forma financial statement projections for foreign subsidiaries to deliver insight into future profit performance and cash needs; created a two-year pro forma financial package for operating wind farms.⇒ Designed operating and overhead reporting packages used by executive leadership to facilitate public company readiness decision-making.⇒ Delivered operating models, detailing EBITDA and operating cash flow forecasts, implementing a 24-month model for the operations forecasting process.

Weston, Ma, Us

Directed global FP&A functions and conducted comprehensive analysis, managed process improvement, and captured operating cost reductions.KEY CONTRIBUTIONS:⇒ Streamlined monthly forecast and accrual development, ensuring GAAP compliance.⇒ Transitioned from a regional to functional organization to increase leadership visibility and enhance OPEX control, through the strategic realignment of the 50+ member product department.⇒ Capitalized on product department needs to capture a $5 million reduction in OPEX. ⇒ Developed OPEX and headcount forecasts and a $70 million annual operating budget.⇒ Assessed quarterly performance of investments to facilitate earnings call discussions.

Irvine, Ca, Us

Equity and index clerk on the Chicago Board Options Exchange (CBOE)

Master'S Degree, Financial Economics

Bachelors, Finance