Ola Soderquist

Ola Soderquist Email and Phone Number

CFO | Biotech, High tech, Software, Manufacturing | Doctoral Researcher @ Bioxytran, Inc.
Ola Soderquist's Location
San Juan, Puerto Rico, Puerto Rico
Ola Soderquist's Contact Details
About Ola Soderquist

CFO | MBA | CPA | CMA | CGMA | CM&AA | CAIM | CVGA | CSCA | Doctoral ResearcherWHO I AM:I am a senior finance professional poised to work globally and cross-functionally to deliver transformational change, particularly with complex projects involving business integration, systems implementation, continuous improvement, process excellence, strategic management and organizational leadership.WHAT I DO:I am a roll-up-your-sleeve and get-the-work-done expert in turn around the execution of corporate transformation and financial activities including managing and coaching finance and operations departments, executing operating metrics, and analyzing financial data. As a forward-thinking multi-lingual financial expert with extensive experience in project management, strategy implementation, and operational efficiency. I regularly seek out innovative ways to execute strategic programs that improve efficiency, raise brand awareness, and increase revenue.MY SPECIALTIES:Strategy Implementation & Balanced Scorecard | Change Management & Integration | Financial Budgets & Forecasts | External Reports & Consolidation | Risk Management & Internal Controls | Financial Analysis & Internal Reports | Expense Analysis & Operations Control | Leadership & Cross-Functional Teamwork | Operational Efficiency & Process Improvement | System Implementation & Automation | Enterprise Resource Planning (ERP) & Cost Accounting | Statistical Inference & Variance AnalysisMeta tags: Month-end close Accounting processes Cost drivers Financial metrics Margin analysis Revenue accounting Product costing Legal entities Financial system Controllership Cost center Accounting team Financial aspects Reporting Structure Erp system Capital expenditures Divisional International manufacturing Finance leader Sox compliance Monthly close Financial leader Financial processes LION

Ola Soderquist's Current Company Details
Bioxytran, Inc.

Bioxytran, Inc.

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CFO | Biotech, High tech, Software, Manufacturing | Doctoral Researcher
Ola Soderquist Work Experience Details
  • Ndpd Inc
    Ceo Founder
    Ndpd Inc Dec 2024 - Present
    Investment fund
  • Bioxytran, Inc.
    Cfo/Co-Founder
    Bioxytran, Inc. Sep 2016 - Present
    Needham , Massachusetts , Us
    Bioxytran is a clinical-stage Biotech founded in 2016. The company develops new molecules resolving unmet medical needs. Their drug candidates address multiple disease conditions by preventing premature death of cells in living tissue resulting from lack of oxygen.• IPO PREPARATION: S-1 approved by SEC in May 2017. Coordination of activities with SEC lawyer, auditor, and investment bankers to launch IPO in July 2017.• INVESTOR RELATIONS: Presentation of company and offering to potential investors• FINANCIAL MANAGEMENT: Spearheaded procurement and implementation of accounting, payroll and benefits. Development of financial process and budget, submission of 10-Q and 10-K• COMPLIANCE: Implementation of SOX compliant process for internal controls• RISK MANAGEMENT: Evaluation and procurement of comprehensive insurance policies
  • Faria Beede Instruments, Inc.
    Cfo
    Faria Beede Instruments, Inc. Jan 2014 - Sep 2016
    North Stonington, Connecticut, Us
    Transitioning and Re-branding an electronics manufacturer through phases of M&A integration and process implementation. Aiming for streamlined activities, increased efficiency and expansive growth.• LEADERSHIP AND STRATEGY IMPLEMENTATION: Introduction of KPI's created a better awareness of success-factors and reduced waste with $50K within the first month.• BUSINESS PROCESS IMPROVEMENT: Effective implementation of tools and processes resulting in 12% increased productivity.• FINANCIAL PLANNING AND COST CONTAINMENT: Initiation of different thought processes reducing energy costs with 40% and shipping costs with 15%, saving $150K/year.• OPERATIONAL EFFICIENCY: Elimination of unnecessary operations and processes resulted in 200K decrease in operative overhead. Monthly financial closing cycle reduced by 15 days.• M&A, INTEGRATION AND CHANGE MANAGEMENT: Effectuated two successful M&A deals, resulting in a 50% growth while simultaneously reducing administrative costs.• FINANCE AND RISK MANAGEMENT: Successfully negotiated a $6.5M ABL agreement and effectuated a complete overhaul of company insurances with cost savings of 20%.
  • Lfa Project, E-Commerce
    Cfo/Co-Founder
    Lfa Project, E-Commerce Jan 2012 - Jan 2014
    Play an integral role in development, innovation and scaling of a B-Corp start-up, an e-Commerce venture, as well as process implementation for management of P&L and reporting.Transitioned to the Advisory Board after successful hand-off of operational activities.• LEADERSHIP: Strategy implementation based on market research, including in-depth interviews with over 200 potential clients• BUSINESS DEVELOPMENT: Effective Business Plan and Branding, new Sales and Marketing Strategies in order to envelope new products and services• FINANCIAL PLANNING: Recruiting successful operative partners, securing $250K venture financing• BUSINESS PROCESS IMPROVEMENT: Development of a web-based platform for an existing market which generated $500K in revenue, adding 9 affiliated organizations and 6 new employees in prototyping stage
  • Garrettcom, Inc.
    Subsidiary Cfo (Belden Group - Nyse:Bdc), High Tech | Software
    Garrettcom, Inc. 2006 - 2011
    Fremont, Ca, Us
    Managed five direct reports that performed accounting and sales administration in a $50M Industrial High Tech manufacturing and Software development division of the $3B public firm, Belden Inc.• CHANGE MANAGEMENT: Supported merger by leading financial analysis and integration of infrastructure; implemented processes to achieve Sarbanes-Oxley (SOX) compliance • CROSS FUNCTIONAL TEAMWORK: Spearheaded procurement and implementation of a multi-site Enterprise Resource Planning (ERP) system, reducing monthly closing process from 5 days to 1• LEAN MANUFACTURING: Streamlined plant operations through Continuous Improvement, and introduction of Activity Based Costing (ABC), reducing cost of goods sold 10%, and inventory by 15%• REVENUE IMPROVEMENT: Deployed modularization processes for redesigning products, and implemented service contracts, which drove sales by 20% and improved profitability by 22%• INVENTORY CONTROL: Introduced cycle count, eliminating annual physical inventory audits, allowing for 4 additional production days per year, and achieving 99.6% inventory accuracy rate• STRATEGY IMPLEMENTATION: Initiated analysis to measure performance & identify improvement opportunities through Key Process Indicators (KPIs)• COMPLIANCE: Implemented revenue recognition in accordance with SOP 97-2 and 98-9 as well as EITF 00-21, and stock based compensation in accordance with ASC 718
  • Proditec Inc., Industrial Pre-Press Equipment
    Cfo
    Proditec Inc., Industrial Pre-Press Equipment 2001 - 2006
    Launched a business-to-business subsidiary in U.S., Canada, Mexico, and Central America for a German Manufacturer of Industrial Pre-press Equipment. P&L management and reporting, performing direct sales.• BUSINESS DEVELOPMENT: Implemented Business Plan and Sales & Marketing Strategies to better serve our customers and broadening the product range• REVENUE ENHANCEMENT: Generated additional $7M in annual sales and 60% profit margin by introducing new machinery & consumables product lines • LEADERSHIP: Managed 100 accounts, 8 Sales Reps. and 3 manufacturing sub-contractors
  • Svecia Ab (Traction Group - Se:Tracb), Industrial Material Handling Systems
    Group Cfo
    Svecia Ab (Traction Group - Se:Tracb), Industrial Material Handling Systems 1996 - 2001
    Consolidated statements and analyzed sales & manufacturing plant performance in 15 countries with combined revenue of $100 million in Industrial Screen Printing Machinery, serving on Board of Directors.• CROSS CULTURAL MANAGEMENT: Collaborated with strategic partners / clients in Europe, U.S., Russia, Hong Kong, and China as well as managing sales- and service teams, & distributors in France, Canada, & Africa• OPERATIONAL EFFICIENCY: Selected and led ERP and accounting systems implementation, streamlining accounting processes and automated reporting; resulting in $200K annual cost savings• FINANCIAL MANAGEMENT: Reduced expense fees and interest by 40% by renegotiating terms • PROCESS IMPROVEMENT: Realigned French sales team, improving turnover 400% in the first year, captured an additional 30% of market-share, and generated $600K in additional profit • LEADERSHIP: Managed eight turn-key projects valued at up to $3M each
  • Effector Oy, Business Consulting
    Partner
    Effector Oy, Business Consulting 1994 - 1996
    Privately-held, $20M, Finnish business consulting firm specializing in supply chain management, logistics, warehousing, inventory control and operational efficiency. Managed a team of 4 consultants in the Nordic countries and in Russia• OPERATIONAL EFFICIENCY: Advised Nordic Retail group’s distribution centers improving lead time and reducing inventory, implemented changes resulting in cost savings of up to $4M per location• PROCESS IMPROVEMENT: Recalculated routings and material flow improved lead-time with up to 30%, and reduced inventory by up to 40% • STRATEGY IMPLEMENTATION: Alignment between strategy and operations, introduction of KPI’s, cutting one management level resulted in reduced overhead cost with up to 9%
  • Wallenberg Sphere
    Finance Executive Pe Backed Manufacturing Companies
    Wallenberg Sphere 1986 - 1994
    During the early part of my career I held Financial Controller positions within the Wallenberg Sphere;• Industrivarden, OMX:INDU• Electrolux, OMX:ELUX• Ericsson, NASDAQ:ERIC• Swedish Match, OMX:SWMA• SKF, OMX:SKFIn these companies I was in charged with establishing profitability. Execution of significant cuts in non-profitable product lines. Implementation of ERP and Accounting systems. Establishing KPI’s and improvement of inventory turns. Primary responsibility was general accounting, cost-accounting, budgets and forecasts.

Ola Soderquist Skills

Forecasting Financial Modeling Financial Analysis Management Business Strategy Strategy Due Diligence Finance Cross Functional Team Leadership Start Ups Budgets Analysis Mergers And Acquisitions Process Improvement Leadership Business Planning Accounting Erp Managerial Finance Sarbanes Oxley Act Cash Flow Strategic Planning Internal Controls Consolidation Cost Accounting Sales Risk Management Financial Reporting Operations Management Negotiation Corporate Finance Marketing Strategy Change Management Integration Decision Support Manufacturing Working Capital Management Us Gaap Activity Based Costing Lean Management Economic Value Added Key Performance Indicators Cfos Cross Cultural Management Value Chain Analysis Balanced Scorecard Mba Cpa Controllership Functions Cma

Ola Soderquist Education Details

  • Grenoble Ecole De Management
    Grenoble Ecole De Management
    Entrepreneurial Leadership
  • Babson F.W. Olin Graduate School Of Business
    Babson F.W. Olin Graduate School Of Business
    Strategy Implementation And Corporate Entrepreneurship
  • Stockholm School Of Economics
    Stockholm School Of Economics
    Accounting And Corporate Finance

Frequently Asked Questions about Ola Soderquist

What company does Ola Soderquist work for?

Ola Soderquist works for Bioxytran, Inc.

What is Ola Soderquist's role at the current company?

Ola Soderquist's current role is CFO | Biotech, High tech, Software, Manufacturing | Doctoral Researcher.

What is Ola Soderquist's email address?

Ola Soderquist's email address is os****@****ast.net

What is Ola Soderquist's direct phone number?

Ola Soderquist's direct phone number is +160375*****

What schools did Ola Soderquist attend?

Ola Soderquist attended Grenoble Ecole De Management, Babson F.w. Olin Graduate School Of Business, Stockholm School Of Economics.

What skills is Ola Soderquist known for?

Ola Soderquist has skills like Forecasting, Financial Modeling, Financial Analysis, Management, Business Strategy, Strategy, Due Diligence, Finance, Cross Functional Team Leadership, Start Ups, Budgets, Analysis.

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