Theresa Matacia, Finance Expert in San Francisco, CA, United States
Theresa Matacia

Finance Expert in San Francisco, CA, United States

Member since February 8, 2017
Over the last 15 years, Theresa has defined and implemented financial and operational strategies as a CFO for multiple companies in the technology, healthcare, and business services industries. She has built functions from the ground up at startups and redesigned current ones at mid-sized organizations. In freelancing, Theresa is excited to continue supporting companies seeking growth options and/or higher valuations for potential future exits.
Theresa is now available for hire

Career Highlights

Education

Select Certifications

Expertise

Employment

  • CFO

    2019 - 2021
    Energy Foundation
    • Established a new legal identity and tax status for US operations across eight states and created and implemented a project plan for a new subsidiary structure in Netsuite.
    • Collaborated on detailed service and resource sharing agreements for interim support of Chinese operations post-spin-off. Created and documented new methodologies to equitably allocate costs across two divisions.
    • Led systems optimization and integration of three siloed enterprise platforms to streamline operations, drive efficiency, and provide organization-wide financial reporting.
    • Managed US and China Audit, Tax, and Form 990 processes. Implemented new budgeting and a monthly close process, reducing close to eight days from 21.
    Focus areas: Global Finance and Accounting, Spin Off of International Division, Capacity Building
  • Interim CFO

    2018 - 2019
    Limelight Health
    • Built a three-year pro forma financial model to support $30 million in Series C fundraising efforts.
    • Constructed a 2019 budget along with budget review process for department head accountability; also presented the budget to the board of directors for final approval.
    • Managed investor due diligence, completing all requests for additional financial and operational data; provide insights and recommendations on investor term sheets.
    • Performed a value-added analysis and metrics on risk and opportunities to overcome obstacles to long-term growth.
    • Managed and provided oversight on the complexities of contracts and other legal and governance matters.
    • Collaborated with sales and the CTO on developing new pricing models and strategies for internal and well as partner-implementation projects.
    Focus areas: Mergers & Acquisitions (M&A), Budgeting, Finance Strategy, Due Diligence, Financial Reporting, Financial Planning & Analysis (FP&A), Capital Raising, Pricing Strategy
  • Interim CFO

    2017 - 2018
    Anita Borg Institute
    • Revised budgeting process to add more rigor and accountability.; analyzed monthly financial performance and delivered a financial report to the board and management.
    • Revised financial planning session instilling more discipline in driving formative work that addressed the need of the organization's beneficiaries while diversifying the funding strategy.
    • Completed companywide market rate compensation analysis and recommendations resulting in annualized compensation increase of $535,000; revised format and timing of employee performance reviews.
    • Collaborated cross-functionally on reviewing and finalizing large vendor and 1099 agreements; worked with outside counsel to revise and deliver various India operating agreements.
    • Worked as a member of the Netsuite and Adaptive Solutions implementation team; provided an analysis of the HRIS business requirements and vendor selection.
    Focus areas: Corporate Finance, Financial Systems, Budgeting, Finance Strategy, Financial Planning & Analysis (FP&A)
  • CFO

    2015 - 2016
    Mission Hub
    • Led the implementation of the new general ledger, the accounts receivable, the customer relationship management, and the payroll/benefits platforms to enhance efficiency and functionality.
    • Established new workflows/procedures for billing/collections, HR compliance strategy, financial reporting, and independent contractor agreements.
    • Prepared and provided data and analytics as well as monthly financial results to management/board to facilitate decisions.
    • Spearheaded a new finance and HR organizational structure to generate greater productivity.
    • Implemented risk management strategies.
    Focus areas: CFO, Cash Management, Strategic Planning, Budgeting, Financial Planning & Analysis (FP&A), Finance, Accounting
  • CFO

    2015 - 2015
    Declara, Inc.
    • Developed an analytical framework to identify, prioritize, and structure domestic/international strategic priorities.
    • Implemented budgeting and cash management processes as well as operating metrics dashboard to manage operations more efficiently; revised revenue recognition standard for SaaS operations.
    • Collaborated with the sales team to develop and implement an order-to-cash process.
    • Led the operational excellence eliminating $300,000 in SG&A in the first four months through organizational restructuring and cost reductions.
    • Spearheaded a $6 million carve out of a legacy product for a large strategic buyer.
    Focus areas: Key Performance Indicators (KPIs), Cash Management, CFO, Administration, Accounting, Finance
  • CFO

    2012 - 2015
    Securieon Group
    • Prepared a $30 million company for a sale transaction; developed and wrote the offering memorandum, target buyers, and executed the sale transaction.
    • Provided a strategy assessment for a food company with 14 retail locations and a wholesale operation, built 2-year financial projections for each division based on revenue growth recommendations and cost-saving initiatives to enhance profitability.
    • Provided a financial analysis, built three-year financial projections and created a presentation in preparation for capital raise for $15 million division of a large consumer packaged goods manufacturer.
    • Developed financial strategies for early-stage clean tech company to improve cash flow, rationalize expense structure, and implement operational best practices to enhance scale and sustainability.
    • Developed, analyzed, and recommended strategic and financial viability of a new, sustainable business model in the $1 billion medical technology market, resulting in a $100 million M&A transaction.
    Focus areas: CFO, Strategic Planning, Budgeting, Mergers & Acquisitions (M&A), Financial Planning & Analysis (FP&A)
  • Interim CFO

    2013 - 2013
    STE Consultants
    • Created thefinancial planning, budgeting, and reporting processes from the ground up.
    • Restructured the payroll and benefits—achieving $300,000 in annual savings.
    • Performed business process mapping around billing and collections to improve profitability and reduce $1 million in accounts receivable by 50% in 6 months.
    • Acted as interim CFO for this $10 million revenue healthcare services company—improved EBITDA from a slight loss to over $1 million in 12 months.
    • Reorganized the chart of accounts and created a profit-&-loss statement by class. This brought to light that the New York office was burning cash monthly and subsequently led to the recommendation to close the NY office.
    Focus areas: Capital Structure Analysis, Performance Improvement, Cash Management, Financial Planning & Analysis (FP&A), Finance, Strategy
  • Executive Program Manager

    2009 - 2010
    Charles Schwab
    • Identified the population of alternative assets to be remedied (12,100 unique securities in 35,000 accounts).
    • Defined the strategy to address each possible outcome for the security holder including keeping the asset under a revised policy, transferring asset to partner custodian, and distributing asset to client.
    • Managed a team of senior-level executives responsible for execution of strategy, including Chief Legal Officer, Chief Compliance Officer, VP Asset Management Operations, SVP Retail Assets, SVP Institutional Assets, VP Field Integration, and Director Alternative Asset Product Management.
    • Implemented business process mapping software platform to track, measure, and report on process steps including document review, security review, security registration, account status, exit review, and security re-registration or transfer execution .
    Focus areas: Financial Data, Risk, Security, Financial Risk Assessment
  • VP, Strategy and Corporate Finance

    2001 - 2005
    ADP, Inc.
    • Led finance and other cross-functional leaders in development and execution of strategic/financial initiatives to leverage current technology assets and drive innovative new products and services.
    • Analyzed industry, customer, competitive, and financial information to provide thought leadership and influence in support of new strategic initiatives and M&A transactions.
    • Originated, executed, and integrated $165 million in domestic/international M&A transactions.
    • Developed alliance/partner management strategies and channels—executed 6 alliances with well over $30 million in new revenue.
    Focus areas: Strategic Partnerships, Strategic Planning, Corporate Finance, Finance, Mergers & Acquisitions (M&A)

Education

  • Certificate in Strategic Negotiations, Leading Change, and Organizational Renewal
    2002 - 2004
    Harvard Business School Executive Education - Cambridge, MA, USA
  • Chartered Financial Analyst (CFA) in Finance
    1989 - 1991
    CFA Institute - Charlottesville, VA, USA
  • Master's degree in Business Administration
    1982 - 1984
    San Francisco State University - San Francisco, CA, USA
  • Bachelor's degree in Psychology
    1973 - 1977
    Virginia Commonwealth University - Richmond, VA, USA

Certifications

  • Chartered Financial Analyst (CFA)
    SEPTEMBER 1991 - PRESENT
    Chartered Financial Analyst Institute

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