Scott R. Burell, Cfo

Scott R. Burell, Cfo Email and Phone Number

Chief Financial Officer of AIVITA Biomedical, Inc. @ AIVITA Biomedical
Scott R. Burell, Cfo's Location
Orange County, California, United States, United States
Scott R. Burell, Cfo's Contact Details
About Scott R. Burell, Cfo

As a corporate finance leader with 30 years of public and private experience, my strengths lie in leading financial, operational, strategic and M&A initiatives requiring complex financial expertise. Most recently, I have served public Life Sciences and Technology companies in CFO, Secretary and Treasurer, VP of Finance and Controller positions. In these roles, I've directed public equity offerings of up to $115 million in size and helped organizations make major strides in achieving cash flow profitability, capital formation, IR, financial reporting, corporate compliance and reorganization. I recently co-led an M&A process that resulted in the successful sale of CombiMatrix to Invitae Corp. for 2.7X 2016 revenues. Prior to my corporate leadership tenures, I spent 9 years in the ranks of "Big 5" public accounting firm Arthur Andersen, auditing and providing business consulting services to dozens of firms, including the office’s largest client at the time. Since 2016 I have served on three public company Boards of Directors and am currently a director and Audit Committee Chairman of Microbot Medical (Nasdaq: MBOT).Areas of expertise include:• Capital Raising• Corporate accounting/finance leadership• SEC filing and financial reporting, including SOX and GAAP compliance• Mergers/Acquisition due diligence, planning, structuring, and integration• FP&A department leadership and data-driven decision support• Board membership and support• Human Resources, IT and Legal oversight• Corporate restructuring, change management, and turnaround leadership• IR, Wall Street analysts and banking relationship management• CPA (inactive)My industry background centers around Biotechnology & Life Sciences, High Technology, Telecommunications, Hospitality and Real Estate. I am currently a member of the National Association of Corporate Directors, the Forum for Corporate Directors - Orange County and the American Institute of CPAs.

Scott R. Burell, Cfo's Current Company Details
AIVITA Biomedical

Aivita Biomedical

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Chief Financial Officer of AIVITA Biomedical, Inc.
Scott R. Burell, Cfo Work Experience Details
  • Aivita Biomedical
    Chief Financial Officer
    Aivita Biomedical Aug 2018 - Present
    Irvine, Ca, Us
  • Microbot Medical
    Board Member
    Microbot Medical Nov 2016 - Present
    Yoqneam, Israel, Il
    MicroBot Medical is a medical device company specialized in the researching, designing, developing and commercializing of transformational micro-robotics medical technologies.
  • Mts - Mer Telemanagement Solutions
    Board Member
    Mts - Mer Telemanagement Solutions Sep 2018 - Jul 2021
    Ra'Anana, Il
    MTSL leverages its years of experience in telecom to provide both enterprise and service providers with the latest technology solutions and services to reduce expenses, simplify communication management, increase customer satisfaction, reduce telecom costs, enforce corporate policy compliance, and grow revenues.
  • Collplant
    Board Member
    Collplant Jan 2017 - Dec 2018
    Rehovot, Israel, Il
    CollPlant is a regenerative medicine company focused on 3D bioprinting of tissues and organs, and on developing and commercializing tissue repair products for orthobiologics, and advanced wound care markets. The company's products are based on its rhCollagen (recombinant human collagen) that is produced with CollPlant’s proprietary plant-based genetic engineering technology.
  • Invitae
    Executive Financial Consultant
    Invitae Nov 2017 - Jul 2018
    San Francisco, Ca, Us
    Post-merger, I provided finance and accounting integration support services to Invitae, including assistance with implementation of ASC 606, merger accounting and valuation assumptions and general audit support.
  • Combimatrix Corporation
    Chief Financial Officer, Corporate Secretary & Treasurer
    Combimatrix Corporation Nov 2006 - Nov 2017
    Responsible for all corporate finance including governance, financial reporting, internal controls and finance operations. Manage 11 full-time employees. Directed all financial reporting to Management, the Audit Committee, external auditors and the investing public. Responsible for drafting all ’33 Act and ’34 Act SEC reports and quarterly earnings releases for the company. Led Board governance and compliance, including annual reporting and proxy filings, preparation of Board agendas and interfacing with outside securities counsel. Implement and maintain the requirements of SOX and related SEC regulations. Participated in Road Shows and actively involved in negotiating term sheets and financing documents for public offerings and PIPE's with multiple investment banks. Resolved complex accounting issues, including derivative financial instruments, revenue recognition on several multiple-element agreements and stock-based compensation. Managed the company's HR Department, including employment agreements, benefit administration, equity compensation policies, and employee handbooks. Recently led successful M&A exit to Invitae Corp.
  • Combimatrix Corporation
    Vice President Of Finance & Controller
    Combimatrix Corporation Feb 2001 - Oct 2006
    Responsible for all complex accounting issues, including revenue recognition, valuing IPR&D, intangibles & goodwill, stock-based compensation and derivative financial instruments. Developed internal budgets that integrated with the General Ledger, to improve monthly internal reporting and enhance financial discipline and accountability. Improved the efficiency of month-end close procedures, reduced accounting adjustments, improved external audit process and decreased reliance on outside auditors and consultants to control costs. Coordinated with tax experts on a variety of federal, state, local and international tax issues, several of which led to significant tax savings and deferrals. Led transition from Peachtree accounting system to ProMan manufacturing / ERP system, and later to Great Plains Dynamics. Assisted our parent company in all aspects of the registration process of our 2002 merger, including drafting of the registration statement and amendments, directly communicating with the SEC on their review comments and coordinating efforts of external auditors, securities counsel and valuation experts. Developed the financial forecasts and modeling used to value our acquisition by Acacia, as well as by Wall Street analysts.
  • Network Commerce
    Corporate Controller
    Network Commerce 1999 - 2001
    Us
    Managed SEC Compliance and led drafting and completion of all financial-related content of company’s initial and supplemental public offerings. Primarily responsible for financial matters included in Company’s 8-Ks, 10-Qs, 10-Ks, Annual Reports and Proxy filings. Reported to Wall Street analysts. Coordinated audits, reviews and federal, state and local tax compliance efforts. Developed monthly financial reports for the CEO, executive management and the Board of Directors. Supported Mergers and Acquisitions Developed and led financial due diligence efforts. Managed outside consultants including appraisers and accountants. Led all finance-related post-acquisition integration efforts. Worked with attorneys and consultants to resolve complex accounting, valuation and tax issues regarding each acquisition. Managed Internal Controls and developed new credit and collection policies and procedures across all business units. Greatly strengthened controls over cash disbursements, including establishment of purchasing policies and procedures. Established authorization limits and led Purchase Order module implementation into our general ledger. Led a change in our commercial banks and implemented centralized cash management policies and procedures among our corporate and subsidiary offices. Developed securities portfolio risk tolerances and investment strategies that were approved and instituted by the Company’s Board of Directors.
  • Arthur Andersen
    Senior Audit Manager
    Arthur Andersen 1990 - 1999
    Directly managed and developed varied teams of auditors, with each team serving over a dozen corporate clients. Responsible to perform and lead auditing, SEC compliance and business consulting services. Served both public and private companies in the Telecom, High Technology, Hospitality, Real Estate and Healthcare industries. SEC experience includes IPOs (Form S-1 and SB-2), secondary public offerings (Form S-3 and S-4), 144A exchange offerings as well as 10-K and 10-Q filings. Directed extensive SEC compliance in both '33 and '34 Act filings. Business consulting services included Mergers and Acquisitions, due diligence, ERP systems integration and process improvement, evaluation of internal controls to best practices and development of financial forecasts and feasibility studies.

Scott R. Burell, Cfo Skills

Autocad Microsoft Office Project Planning Microsoft Excel Project Management Microsoft Word Powerpoint Team Leadership Civil Engineering Arcgis Water Gis Geotechnical Engineering Water Quality Business Development Product Development Product Management Change Management Finance Cpa Process Improvement Forecasting Management Consulting Analysis Team Building Strategy Business Planning Operations Management Strategic Partnerships Venture Capital Executive Management New Business Development Manufacturing Financial Modeling Mergers And Acquisitions Management Financial Analysis Start Ups Internal Controls Auditing Financial Planning Leadership Sec Filings Accounting Financial Reporting Due Diligence Board Of Directors M&a Internal Audit Sox Financial Statements Public Equity Offerings Corporate Fp&a Strategic Planning Debt And Equity Financing Divestitures International Subsidiaries Sec Financial Reporting Restructuring Board Relations Investor Relations Enterprise Risk Management

Scott R. Burell, Cfo Education Details

  • Central Washington University
    Central Washington University
    Accounting And Finance

Frequently Asked Questions about Scott R. Burell, Cfo

What company does Scott R. Burell, Cfo work for?

Scott R. Burell, Cfo works for Aivita Biomedical

What is Scott R. Burell, Cfo's role at the current company?

Scott R. Burell, Cfo's current role is Chief Financial Officer of AIVITA Biomedical, Inc..

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What schools did Scott R. Burell, Cfo attend?

Scott R. Burell, Cfo attended Central Washington University.

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Scott R. Burell, Cfo has skills like Autocad, Microsoft Office, Project Planning, Microsoft Excel, Project Management, Microsoft Word, Powerpoint, Team Leadership, Civil Engineering, Arcgis, Water, Gis.

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