Corporate Financial Consultant and Interim CFO
San Francisco Bay Area
Corporate Financial Consultant and Interim CFO
San Francisco Bay Area
Qualifications:
18 years experience in corporate finance at both private and public companies • experience working closely with executive management team, including participation in public company board meetings, strategic planning, M&A transactions , equity funding and special projects • experience conceptualizing and building sophisticated financial models, managerial reporting systems, treasury/cash management systems and credit/collection systems • experience leading a finance team in the areas of financial planning/budgeting, treasury, credit & collections • creative and entrepreneurial in
approaching solutions to challenges • MBA; BA in Finance
Accomplishments:
Built sophisticated, dynamic Excel-based financial models successfully used in operations, M&A transactions and raising over $350M in equity capital • built and managed the financial planning & reporting, treasury and credit/collections departments from scratch as a small private company grew to a public company with over $2B in market capitalization • conceptualized, designed and implemented automated cash applications system for a leading semiconductor company • designed and implemented the global cash forecast for a multinational public corporation • negotiated the successful implementation of working capital credit facilities • founder and majority owner of successful and profitable property holdings & property management company
Corprorate Financial Consultant, Interim CFO, Financial Modeling, Strategic Financial Planning & Analysis, Financial Reporting, Treasury, Credit & Collections, Accounting
(Management Consulting industry)
March 2007 — Present (1 year 8 months)
TempCFO Solutions relieves upper management of time-consuming financial and accounting responsibilities, enabling your company's leaders to concentrate on core competencies. We provide expertise and experience for each step you need to take.
Decision Support
TempCFO develops budgets, forecasts, and cash management strategies that help senior management and the board of directors make well-informed business decisions that are "right on the money."
Financial Transactions
TempCFO has the experience and capacity to negotiate debt financing and assist in capital raising. This service can extend your cash burn rate, allowing you to meet and surpass management and investor milestones. TempCFO can handle the financing process from start to funding:
(Privately Held; 1-10 employees; Management Consulting industry)
September 2000 — Present (8 years 2 months)
• Corporate Financial Consultant, specializing in strategic and operational planning, including building sophisticated dynamic financial models for equity funding and operational budgeting. Royston’s financial models have been instrumental in raising over $300M in venture capital for several private companies. Also perform interim CFO work and special projects in finance, treasury and M&A.
• Consulted with the executive staff at MobiTV to help them quantify the metrics of their business and conceptualize the path of growth. Built a sophisticated, multi-dimensional financial model which reflected their vision. MobiTV then used the model to execute their business and raise $100M in equity capital.
• Fulltime consultant for 12 months at Agile Software Corporation (NASDAQ: AGIL). Projects included strategic financial planning, modeling & reporting; M&A due diligence.
(Public Company; 1001-5000 employees; USWB; Internet industry)
December 1997 — September 2000 (2 years 10 months)
·Managed FP&A & treasury functions during growth from small private company to over $1B market cap:
-Strategic research on industry trends, metrics & valuations;
-Determined key metrics & published mgmt reports;
-Worked with sr. mgmt. to position company to public;
-Participated in board mtgs & analyst calls;
-Established company-wide profit & cost targets;
-Created & maintained detailed top-down & bottom-up plans;
-Performed due diligence in M&A function;
-Managed banking relationships;
-Conceptualized, implemented & managed state-of-art cash mgmt system;
·Managed credit & collections function.
·Managed staff of four.
·Founder in venture consulting company (Intend Change) with founders of USWeb.
·Performed strategic research, financial modeling & Interim CFO duties for Intend Change project companies, which received over $250M in funding.
·Managed execution of funding transactions.
·Evaluated viability of business plans submitted to Intend Change.
(Public Company; 501-1000 employees; MADGF; Computer Networking industry)
October 1995 — December 1997 (2 years 3 months)
·Designed/maintained global cash forecast for dynamic, multinational corporation.
·Responsible for the forecasting and analysis of the corporate balance sheet.
·Bank liaison, managing investment, debt and cash mgmt. bank relationships.
·Negotiated & closed $15M working capital credit facility; negotiated $8M intl equipment lease facility; key participant in negotiation & closure of $40M multi-currency facility.
·Responsible for analysis & reporting of world-wide credit & collections activities.
·Traveled to UK, Ireland & Israel in the forecasting, planning, FX, and credit functions.
·Performed month-end closing duties, audit schedules, board packages & special projects.
(Public Company; 201-500 employees; SERA; Semiconductors industry)
May 1993 — October 1995 (2 years 6 months)
·Managed top-to-bottom budget planning and variance analysis for multimedia product line.
·Performed quarterly analysis on product mix, ASP, book-to-bill, etc.
·Prepared and presented product line analysis to senior mgmt. in monthly revenue review.
·Manager of treasury and credit/collections, supervising two assistants.
·Performed stock administration function.
·Traveled nationally and to southeast Asia in the credit and auditing functions.
(Public Company; 1001-5000 employees; Semiconductors industry)
August 1990 — May 1993 (2 years 10 months)
·Principal bank liaison, negotiating bank fees & services, trade financing and credit facilities.
·Designed/implemented automated cash receipts system using automated cash application.
·Responsible for the credit and collection of $70M in accounts receivable internationally.
MBA, Finance, August 1994 — March 1998
BBA, Finace, September 1983 — May 1988