Peg Klug (Cpa-Inactive) Email & Phone Number

Greater Minneapolis-St. Paul Area

Bloomington, Mn

Currently contracting with Bloom Health as their Controller reporting to th CEO. Check out the website at www.bloomhealthco.com. Great place to work and great solutions to health care!

Recruited by founders as key management team member to advance research and development activity to the next stage of commercial production and global sales. * Instrumental in securing $20 million in two rounds of equity financing from Tier 1 venture capital firms and strategic investors. * Conducted all aspects of due diligence activity and managed pre- and post-financing legal and financial activities* Established banking relationships to expand financing options. Negotiated term loans and line-of-credit placements* Developed infrastructure to support company-wide growth from a staff of 5 to a global staff of 30. * Designed, documented and implemented wide-ranging company policies, safety and internal control systems.* Created high-level dashboard and detailed financial analysis and organizational reporting for Board of Directors * Teamed with Operations, Sales & Marketing, and Engineering in business planning and strategy sessions.* Initiated and led company-wide team-building sessions and executive management leadership training.*Recommended and executed leveraging employee stock option program as key element of recruitment/retention practices and performance management program.* Managed new facility project and identified space requirements and locations. * Performed on-site visits, analyzed lease options, performed pareto analyses, recommended locations and negotiated terms.

Venture-backed $10+ million software company specializing in the development and sales of software solutions for the hospitality industry; Recruited by former CEO of JobBOSS Software to upgrade the role of finance team in business operations and move the company's business model from capital to subscription selling. * Planned and supervised integration of company CRM and SOP systems. * Modeled and evaluated cashflow impact of major change in sales strategy

Retained by Exact to take on major role of installation, integration and training U.S. employees on e- Synergy, and its corporate-wide HRM, CRM, portal and document management enterprise system. Managed staff of 3 direct reports and 18 staff employees.• Developed strategic partnerships with all operational teams, providing pertinent financial information to enable prioritization of key initiatives. • Prepared annual budget and forecasts for three product lines and three locations. * As part of management team, developed long-range strategic business planning and formulated annual goals, action plans and key business metrics to measure and monitor business performance. • Recommended and implemented policy changes in the areas of asset and facilities management, expense management, purchasing, risk capacity and customer service.

Retained by acquiring company to lead Financial and Human Resource teams reporting to Corporate CFO. Drove integration project to combine financials systems of 3 U.S. divisions into one subsidiary, Kewill ERP, Inc• Finance team awarded “Employee” of the Year for exceeding expectations in leading organizational changes resulting from acquisition• Converted division’s financial system from JobBOSS accounting to Great Plains and again to Macola.• Led initiative to drive parent company policies and procedures down to acquired division.• Major player in acquisition of Alliance Mfg Software, Inc., a leading Tier III software provider• Integrated corporate Employee Stock Purchase Program into division including employee education• Led due diligence activities for 2nd sale of Kewill ERP, Inc. division

Recruited into JobBoss Software, a privately-owned start-up enterprise specializing in development and sales of small to medium business ERP systems. Advanced organization from 25 to 110 employees, double-digit annual revenue growth ($2 million to $12 million revenue), up to 2,200 installed customer base. Spearheaded all Financial and Human Resource systems. Played key role for founding owner (MHTA Entrepreneur of the Year in 1998) in successful sale of business to Kewill Systems, Inc.• Created and implemented sound accounting policies, internal control systems and risk management assessments for rapidly growing company. JobBOSS awarded first annual Deloitte & Touche Minnesota Technology Fast 50 award in 1998 for the highest growth between 1993 and 1997.• Developed Human Resource policies/practices achieving increased employee productivity and retention. Named Minnesota Software Association Employer of the Year (1997).• Participated in major conversion from DOS to Windows based product platform which created cash/credit issues with existing lender. Successfully searched and negotiated lending terms with new bank to finance cashflow operations• Led due diligence initiative for sale of company that resulted in lucrative payout for owner.

B.S. With Distinction, Accounting/Economics

Education record