STEWART
MOLL
Experienced:
Operations Manager
Commercial Lead
Project Manager
Financial Manager
EMEA Credit Manager
Internal / External Auditor
Senior Financial Analyst
Merger & Acquisition Specialist
Accountant
Professional Statement
Having over 20 years experience in the field of accounting and finance in a variety of international corporate settings, I am proactively results-driven and proficient in maintaining processes and improving procedures. I have a proven track record in significantly increasing the efficiency of finance and accounting departments. My professional experience in the US, the UK and in Central Europe has enabled me to develop cross-functional communication skills in diverse cultures. I am detailed-oriented, rigorous, and I do not shy away from a challenge.
Experience
MY MOST RECENT ROLES & SIGNIFICANT RESPONSIBILITIES
LEAD CONSULTANT
ISE DEVELOPMENTS, LTD
MARCH 2013 - JANUARY 2017
Fulfilling a mandate as the principal consulting accountant to develop a business plan concerning an ambitious venture capital project, I prepared many highly polished proposals to optimize multifaceted business models, thus facilitating corporate strategy. I also advise and communicate with investors, as well as the long list of specialists regarding the forecasting of variations to the business plan utilizing computer modeling software. I remain on the board of directors as the projects develop.
EMEA CREDIT MANAGER
HARMONIC INTERNATIONAL, AG
NOVEMBER 2010 - MARCH 2013
I served as a controller of Accounts Receivable for an initially troubled European region, consisting of over 350 accounts in approximately 40 countries with over 10 different currencies. The average sales volume was in the vicinity of of 40M USD per quarter. I also coordinated and managed VAT registration for all EU clients and compliance accounting, which had previously been in disarray. Sales Tax is a complex arena because of the various laws and rules in place for each country. This position entailed intense periodic credit reviews for all customers in Europe. Also, I served as a financial officer with authority for final approvals of releasing sales orders.
GLOBAL CREDIT
MANAGER
CROSSBEAM SYSTEMS
NOVEMBER 2005 - MAY 2007
Within only two financial quarters, my efforts resulted in a 50% reduction in worldwide DSO (Days of Sales Outstanding). I proposed and built a platform from scratch to upgrade a high traffic daily billing system to a paperless environment, which had a clear positive impact on the billing process. This platform also interfaced seamlessly with the shipping department, rendering it more efficient. I was chosen to receive an honorary award for these accomplishments by the CFO. The results were from old fashioned hard work and vision.
PRINCIPAL A/R
CONSULTANT
GLOBAL KNOWLEDGE NETWORK
NOVEMBER 1998 - FEBRUARY 2002
I was deployed over an exciting 3 year period in the USA and Europe to gather data, evaluate A/R, report and execute the challenging task of cash recovery. These efforts were largely forensic in nature and successfully recovered approximately 4M USD of A/R over 360 days old. I identified and repaired internal process errors providing official internal reports on each project. My consulting team had been chosen by Corporate HQ to handle the unexpected consequences during several international mergers and acquisitions. The results of my efforts were so significant in increasing profitability that, at one point, the projects assigned to my consulting services were officially noted in the annual report.
AF
Notable Achievements
• Reached 93% of quarterly 40M USD targets and best regional performance in 2012 at Harmonic for EMEA.
• Led the team to upgrade manual accounting process to an automated & streamlined procedure at Gottex.
• Member of the Finance team that was awarded best global division by US Corporate HQ at Edwards 2007.
• Chosen to receive quarterly departmental award in Finance by CEO for reducing DSO by 50% at Crossbeam.
• Corrected Accounts Receivable process errors that saved Smartbargains.com over 100K USD annually.
• Reduced worldwide DSO by 30% for GKN, and reduced receivables over 360 days by 50%.
• Nominated by CFO of GKN to CFO of InRange (Brocade) for a merger/acquisition engagement team.
• Recovered past due milestone payments ranging from 30K USD to 1M USD at Parexel Pharmaceuticals.
• Owned and operated an independent accounting and legal consulting practice with an international focus.
Letters of Reference
“Stewart Moll was asked to concentrate on trade A/R that was over one year old, sometimes as much as three years old. Global also assigned Stewart responsibility over A/R for acquired companies, too often with incomplete documentation for booked A/R. In these most difficult of circumstances, Stewart was able to collect approximately 4M USD of troubled A/R, as well as expose and document approximately another
2M USD of revenue adjustments."
TREASURER & VP GLOBAL KNOWLEDGE NETWORK, INC
“We hired Stewart to help us with an accounts receivable collection and DSO problem, which had been elevated as a major issue with the board of directors. Within Stewart’s first six months, he accomplished outstanding results. Our CEO, our board, and I were very pleased with his performance. Stewart also upgraded our accounts receivable process to a paperless environment. He also came in as a collector and took on the responsibility of billing, processing credit approvals for new customers, and cash applications. Through the changes he made and his diligent efforts, he achieved a 50% reduction of DSOs.”
CFO, CROSSBEAM SYSTEMS
"During his employment with Harmonic, Mr. Moll has demonstrated to have the technical skills to facilitate the resolution of invoice issues and the collection of commercial trade receivables in his area of responsibilities. Stewart developed a good working relationship with his European customers. He understands the requirements of each one, i.e. those that prefer to be communicated directly, and those that want the relationship managed through the sales manager ... Stewart made clear results by achieving 93% of the corporate 40M USD quarterly targets which ranked high amongst the other regions. His extra effort made a difference.”
ASSISTANT TREASURER, HARMONIC, INC
BENTLEY
UNIVERSITY
1986-1990
FITCHBURG STATE COLLEGE
1999-2000
ZURICH INSTITUTE
OF APPLIED SCIENCES
2010-2011
"The best way to predict the future is to create it"
ABRAHAM LINCOLN
Skills
Technical Skills Summary:
Trained in Project Management methods and techniques at the University of Zurich School of Applied Sciences.
Comfortable working in MAC or Windows environment: MS Office – Excel; pivot tables, Word, Powerpoint.
Proficient using Oracle, knowledge of SAP, JDE, Access, Lotus, Great Plains, PeopleSoft, LGX, and Trans-Act.
Familiar with Sarbanes-Oxley (SOX), SWICS compliance auditing; KOD modeling, e-commerce.