Tara Mcdonough Email & Phone Number

Reno, Nv, Us

- Negotiated vendor cost savings resulting in an expense reduction of 10% year-over-year. - Spear-headed restructuring plan resulting in 10% savings year-over-year. - Implemented service rate price increase, which led to a 5% increase in service revenue.- Refined key customer incentive programs contributing 3% to revenue.- Implemented product price increases to maintain gross margins in times of increasing costs.- Systemized vendor payments, resulting in a 2-day decrease in… Show more - Negotiated vendor cost savings resulting in an expense reduction of 10% year-over-year. - Spear-headed restructuring plan resulting in 10% savings year-over-year. - Implemented service rate price increase, which led to a 5% increase in service revenue.- Refined key customer incentive programs contributing 3% to revenue.- Implemented product price increases to maintain gross margins in times of increasing costs.- Systemized vendor payments, resulting in a 2-day decrease in accounts payable processing time.- Managed purchase and integration of new business.- Implemented QuickBooks; a new chart of accounts and customized, scheduled, on-demand reporting.- Implemented employee time tracking app, resulting in increased visibility and ability to manage employee performance.- Optimized key employee compensation incentives, contributing to increased employee discretionary effort. Show less

Palo Alto, California

Functionally- Controller and Accountant- Internal and external reporting for 7 entities - Public company readiness- Annual, quarterly and monthly closes- Quarterly and annual audits- Cash management and forecasting- Facilities and vendor management- Anything else that came up

Corporate Controller - Inherited audit material weakness; led finance IPO readiness BOD initiative resulting in clean, IPO- ready financials, as evaluated by E&Y. - Managed NetSuite OneWorld, RevPro/Zuora and internally developed application implementations.- Acquired Brazil entity, including conversion to US GAAP, while complying with Brazil tax standards.- Optimized financial statement close process and reduced close time by over 75%.- Scaled team from 4 to 20 in… Show more Corporate Controller - Inherited audit material weakness; led finance IPO readiness BOD initiative resulting in clean, IPO- ready financials, as evaluated by E&Y. - Managed NetSuite OneWorld, RevPro/Zuora and internally developed application implementations.- Acquired Brazil entity, including conversion to US GAAP, while complying with Brazil tax standards.- Optimized financial statement close process and reduced close time by over 75%.- Scaled team from 4 to 20 in preparation for IPO. Organizational Development - Neuroscience-based thought leadership in people and company performance optimization.- Qualitative data analysis for performance and curriculum management.- Course development and training facilitation. Show less

Areas of focus:- Business process improvement- Evaluated, redesigned and monitored clients’ accounting, administration, and close related processes through strategic use of tools, analytics and training, simplification of processes, use of estimates, and influence of inputs. - Initial Public Offering ("IPO") process- From pre-IPO initial assessment including audit-readiness preparation to initial filings and amendments, regulatory comment letter resolution, and first year public… Show more Areas of focus:- Business process improvement- Evaluated, redesigned and monitored clients’ accounting, administration, and close related processes through strategic use of tools, analytics and training, simplification of processes, use of estimates, and influence of inputs. - Initial Public Offering ("IPO") process- From pre-IPO initial assessment including audit-readiness preparation to initial filings and amendments, regulatory comment letter resolution, and first year public company filings.- Mergers and Acquisitions- From due diligence to preparation of closing/opening financials and working capital calculations/negotiations, company policies and procedures on-boarding, through overall business year 1 integration.- Emerging technical guidance implementation-Founding team member of the HR committee, responsible for initial design and implementation of Connor Group's performance review process.Industries:- Internet/media- Biotech- Software (SAAS and on-premise)- Manufacturing/hardwareGlobal on-site operational experience:- Asia (China, Japan)- Europe (France, Germany, Switzerland, Belgium, Denmark)- North America (Canada and various States in the US)Company sizes and maturities:Early phase start-up to pre-IPO private to mid and large cap established public companies. Show less

Formerly NASDAQ listed co with 10+ foreign entities; during 2-year tenure, participated in 6 restructurings, 3 divestitures and 2 acquisitions, while reducing time-to-close by 50% and absorbing 40% accounting headcount reduction.

Forensic accounting and M&A close, integration and purchase price dispute resolution.

Sr SEC reporting analyst, SEC reporting manager, Asst ControllerGlobal SOX (Finance and IT) implementation and compliance, external reporting, and technical accounting

Bachelor'S Degree, Economics, With Concentrations In Accounting And Finance, High Honors

Activities and Societies: President- Financial Management Association (FMA), President- Institute of Management Accountants (IMA)

Master Of Arts - Ma, Psychology