Daniel G Gloates

Directly responsible for all aspects of company financial affairs and administration, as well as running day-to-day operations. Responsible for ensuring the tactical management of operations, coordinating activities and responses to opportunities and issues. Ensure that the company maintains the proper operational and financial controls, administrative and reporting procedures, and people systems to effectively grow the organization and ensure continued financial performance. Supported average annual revenue growth of 75%, while driving a 20% reduction in the overall cost structure by increasing operational efficiency, restructuring the workforce and improved sourcing effectiveness and inventory control. Managed all facility leasing and banking relationships.

Directly responsible for all aspects of company financial and information technology affairs. Managed average annual revenue growth of 75%. Created financial controls in an emerging industry by developing policies and procedures in accordance with GAAP. Managed the acquisition of Responsible Patient Care, Inc. Lead the restructure of the merged companies into a multi-disciplined 11 corporation enterprise. Created additional corporations responsible for handling banking / finance as well as employment concerns. Raised $2M in debt financing. Managed all facility leasing, corporate insurance and banking relationships. Managed three multiyear audits: IRS, FTB and BoE.

Directly responsible for all aspects of company financial affairs including general accounting, strategic and financial planning, budgeting, financial reporting and tax and audit functions, while managing a staff of five. Responsible for cash flow management and treasury functions and the development of customized financial controls unique to the entertainment industry. Directed financial strategy, planning and forecasts, conferring with the CEO, president, VP of sales and department heads. Studied, analyzed and reported on trends, opportunities for expansion and projection of future company growth. Guided the company from a start-up phase to a mid-sized corporation with average growth of 125% annually. Supervised investment and raising of funds for businesses by securing a $4.3M credit facility as well as over $5.0M in technology leases. Formed three new corporations, including a new animation studio while raising $2.5M in equity to fund the related animation development. Lead all M&A activities, as well as the related internal and external audit activities. Actively involved in the management of, and board participant in, both The Orphanage, Inc. and Orphanage Animation Studios, LLC. Managed all facility leasing, equipment leasing and banking relationships and directed the facilities and human resource departments.

Served as the primary architect for the vision and oversight of the short and long term strategic direction of the EBusiness Services business unit. Identified the key financial and operational performance metrics for monthly financial performance measurement, in addition to those responsibilities below. Performed the financial due diligence for the acquisition of Proxicom by Dimension Data Holdings (South Africa).

Assumed additional responsibility of International Financial Planning & Analysis for the business divisions located in the US, UK, Germany, France, Spain and Italy. Participated in both the initial public offering and the secondary public offering. Performed financial due diligence, audit oversight and integration support for two acquisitions, adhoc interactive (Sausalito, CA) and Clarity, (London, UK). Aided in the development and oversight of the international Employee Stock Option Programs and the International Employee Stock Purchase Programs. Promoted to Managing Director of Finance.

Responsible for all financial functions including General Accounting, Financial Planning & Analysis and Treasury. Secured a $5M line of credit and upgraded the company’s overall banking relationships. Added oversight of all Administration functions as well as Technical Infrastructure. Managed a total staff of 12. Lead contributor in the acquisition of IBIS Consulting by Proxicom. Promoted to Director of Finance.

In addition to the accounting process stated below, responsibilities included month-end international consolidation, quarterly forecasting and coordination of the annual financial planning cycle. Other duties consisted of payroll and commission processing oversight.

Managed an accounting staff of three. Responsible for all aspects of the accounting cycle including month-end close, financial reporting and analysis, accounts receivable and payable, cash flow management and forecasting as well as other related treasury functions. Developed management-reporting tools for use by senior level management. Lead an accounting system conversion to a fully integrated international software, which resulted in worldwide operational savings. Transferred the international month-end consolidation process from a Europe regional office to the Brisbane headquarters. Promoted to Assistant Controller.

Lead an accounting staff of six. Responsible for the posting and analysis of all lease revenue. Reviewed all bank and accounts receivable reconciliations. Oversaw proposed billing structure changes as well as the processing of all contract conversions which were coordinated with the IS department. Analyzed the effectiveness and accuracy of various team responsibilities and developed yearly performance plans.

Managed an accounting staff of six. Ensured timely and accurate preparation of journal entries in support of month-end close. Analyzed various activity reports. Analyzed store discounts and reviewed credit card activity. Responsible for all reported sales and cash balances. Ensured timely collection and reconciliation of cash. Monitored bad check agings. Ensured timely invoicing and collection of all purchase orders. Managed control over the issuance and redemption of gift certificates.

Managed an accounting staff of eight. Responsible for month-end close, variance analysis, balance sheet reconciliations and assisted in expense planning. Created cost center plans and oversaw the accounting departments budget. Monitored the expenses for all construction projects. Streamlined tasks and automated procedures which resulted in improved efficiency and control.

Managed an accounting staff of four. Performed variance analysis and assisted in month-end close. Responsible for all sales tax reporting from weekly prepayments to quarterly returns. Organized and coordinated a monthly balance sheet reconciliation process. Lead a team of 15 responsible for converting to a new general ledger system over a 12-month period. GL conversion encompassed all aspects from sizing the project, organizing the installation of the application, creating all GL reports, converting GL history and conducting training classes for 300 employees in three divisional offices. Converted divisions from an Excel based depreciation system to a mainframe based application. Promoted to Senior Accountant.

Produced merchandise plans by department including: unit, cost and retail sales, gross margin, merchandise receipts and inventories for GAP’s UK division. Monitored current and forecasted merchandise receipts and projected sales based on historic trends and current inventory positions. Created a database used for planning sales by store type.

Responsible for reporting sales to senior level management and posting the resulting revenue to the general ledger. Researched and analyzed various projects for both Revenue Accounting and Real Estate Accounting. Aided in the development, installation and maintenance of a new sales audit mainframe based application.