The Company develops, manufactures and sells medical devices, and provides medical care services with unique and innovative technology

Mapal is a global leading company offering patented floating and retrievable fine bubble aeration systems for the wastewater treatment market

► Responsible for all facets of the accounting functions, including consolidated financial statements, budgets, banking issues, insurance, legal, auditors and supervision of staff► Preparation and maintenance of monthly payroll in Israel, Europe, Asia and North America► Hands-on involvement with company ERP system (Mfg Pro) coupled with advanced abilities of Excel► Excellent working ability with US GAAP ,

► Advised and assisted in management buyout ► Prepared and implemented plan towards bringing the company to sales and financial stabiity► Raised working capital ( > $6 million)► Complete responsibility for all accounting functions► Preparation of high level reports for board of directors► Responsible for due diligence with bi-national fund, obtaining of grants for the company and managing reporting requirements.

► Responsible for the financial turnaround of the Company, from consistent losses of over $3 million to healthy profits of $1 million► Initiated and lead a management buyout (MBO) from the American owners► Negotiated the successful sale of ScanMaster to Elbit Vision Systems, a company traded on NASDAQ for a value of $8.5 million► Independent, direct reporting to Bob Pritzker, CEO of the Marmon Group - now owned by Warren Buffet ► Enforced a cost cutting program throughout the organization of close to $ 2 million, thereby generating operational profit without adversely affecting production and product development.► Responsibility for US subsidiary company accounting and reporting requirements. ► Close consultation with US legal and tax experts► Managed a department of 10 individuals; annual budget of $5 million

► Acquisition of shopping centers and offices (over $25 million) in Canada and USA► Reported directly to and worked closely with David Azrieli► Lead the analysis and due diligence on the potential acquisition of a complex of shopping centers in the amount of $125 million► Negotiated and secured mortgage financing for over $40 million