Professional Background

Skill Highlights

  • Experienced manager and team builder
  • Strong financial accounting background
  • SEC, SOX and IPO experience
  • Government Contracting experience
  • Treasury Management experience
  • Risk Management experience
  • SBA, commercial and underwriting loan experience
  • Covid19 Governmental Grant, Loan preparation and Loan Forgiveness experience
  • Advanced expertise in all Microsoft Office Programs
  • Advanced expertise in multiple accounting software platforms
  • Tax software expertise
  • Revenue Recognition
  • Software Implementation

Industry Experience

  • Over 20 years’ experience in Biotech and Life Sciences
  • Over 20 years’ experience in public accounting related areas
  • Over 15 years’ experience in IT related companies
  • Over 15 years’ experience in manufacturing within various industries
  • Over 15 years’ experience in Government Grants and Contracting

Accomplishments

  • Elected Official in 2007 to the Sykesville Town Council

Professional Experience

Sanzone Tax & Accounting, LLC
President

  • Started my entrepreneurial personal tax and accounting firm serving clients nationwide.
  • Prepare and manage individual and business tax returns for clients.
  • Lead consultant on business and accounting issues, including risk management, software implementation and tax matters.
  • Contract Controller for Window Nation, implanting new accounting system and monthly close procedures.
  • Contract Controller for Paragon Bioservices, Inc., assisting in implementing ERP system, managing stock option software implementation, and debt compliance software.
  • Contract Controller for Vane Brothers, Inc. implement and document accounting systems.
  • Obtained Maryland Layoff Aversion Grants and SBA loans for clients and own business.
  • PPP Loan preparation and Loan Forgiveness experience.

 

Bounds Accounting and Tax Services, LLC
Carroll County, MD (Jan. 2014 – Dec. 2016)
Principal

  • A local tax and accounting practice servicing individual and business taxpayers.
  • Prepare and manage individual and business tax returns.
  • Mange and assist clients with controller and CFO functions.
  • Manage client relationships and new business development opportunities.
  • Manage all human resource and IT areas of the company.
  • Tax manager for all tax clients and returns.
  • Financial advisor for wealth management clients.

 

Nemetschek Vectorworks, Inc.
Columbia, MD (Oct. 2012 – Dec. 2013)
Corporate Controller

  • Vectorworks is a $40M global leader in 3D design technologies. The Vectorworks line of software provides professional design solutions for the AEC, entertainment and landscape design industries.
  • Manage all aspects of accounting department including accounting operations, financial reporting, budgeting/forecasting, software revenue recognition, working with external auditors, etc.
  • Implemented online expense reporting through Concur Expense.
  • Supervised accounting department of 10 employees.
  • Managed corporate reporting to international public parent company in Germany, dotted line reporting to International CFO.

 

Toucan Capital Corporation
Bethesda, MD (Feb. 2003 – 2012)
Principal & Chief Financial Officer

Toucan Capital is a $140 million venture capital fund (SBIC) focused on seed and early-stage to medium stage life science and advanced technology investments.

As CFO of Toucan, managed and directed the investments and accounting functions of 24 life science companies, with technologies in stem cells, medical device and therapeutic companies.

  • Managed all financial aspects of a $140 million venture capital fund.
  • Successfully raised over $16.5 million in 2008 and led the efforts for various fundraisings.
  • Led business development efforts for 3 exits totaling $150 million.
  • Led team in multiple mergers and acquisitions.
  • Lead person for an anticipated $80 to $200 million financing round.
  • Managed all regulatory compliance and the SBA audit process.
  • Assisted strategic financial decisions of 24 portfolio companies
  • Managed all facility, personnel and risk management programs.
  • Managed financial due diligence process for investment opportunities.

Employed in various roles for portfolio companies while serving as CFO of Toucan Capital including the following:

  • Vice President of Finance, Northwest Biotherapeutics, Inc. – Bethesda, MD (Portfolio Company of Toucan Capital Corporation)
  • Assisted with taking the company public on the AIM market in London, raising $30 million.
    Controller and Chief Financial Officer, Cognate Bioservices, Inc. – Baltimore, MD (Portfolio Company of Toucan Capital Corporation)
  • Lead negotiator on several business development deals and corporate partnerships.
  • Supervised and managed accounting department and all financial reporting requirements.
  • Managed and implemented annual budget process.
  • Managed and prepared all monthly, quarterly and annual financial statements.
  • Implemented financial analysis for managers, directors and executives.

 

Immersion Medical, Inc.
Gaithersburg, MD (Jan. 1999 – Feb. 2003)
Corporate Controller

  • Immersion Medical develops manufactures and sells medical simulation equipment worldwide and is a wholly owned subsidiary of Immersion Corporation, a publicly traded company based in San Jose, California.
  • Supervised and managed accounting department and all financial reporting requirements.
  • Prepared and managed all SEC reporting requirements for parent company based in San Jose, including the Company’s Annual 10K, Annual Report, Proxy, 8K filings and Quarterly 10Q’s.
  • Implemented internal control procedures for the subsidiary to be accordance of those required for a public entity, and in accordance with the Sarbanes-Oxley Act of 2002.
  • Managed and implemented annual budget process.
  • Managed all aspects of revenue recognition in accordance with SOP 97-2 as amended and SAB 101.
  • Improved monthly close process to two business days.
  • Managed cost accounting system for manufacturing segment and inventory control.
  • Implemented fixed asset tracking system.

 

Berlin, Ramos and Company, P.A., CPA’s 
Rockville, MD ( 1991 – 1993 & 1998)
Manager

  • Supervised and reviewed work of staff accountants.
  • Prepared and reviewed tax returns for variety of clients in all industries
  • Audited financial statements for various businesses and retirement plans.
  • Advised business owners on tax and financial activities.

Prior employment also includes:

  • Guilford Pharmaceuticals, Inc. – Baltimore, MD (1993 – 1998) Assistant Controller
  • SEC, IPO and publicly traded company experience
  • Farren and Lanman, CPA’s – Bethesda, MD (1990 – 1991) Staff Accountant

Education

  • University of Maryland – College Park, MD (1990)
  • Bachelor of Science in Accounting (Dean’s list)
  • Currently pursuing Masters in Accounting and Information Systems at the University of Maryland Global Campus.