Livia Schorlemer
Financial Controller
ABOUT ME
LIVIA SCHORLEMER 4500 Crestway Drive, Austin, Texas 78731 512-917-7144 lbcyclist@riseaustin.org Experienced Controller, maintaining a hands-on approach to all aspects under my responsibility: accounting, reporting/analysis, cash management, banking, legal, audits, human resources, information technology, insurance, contracts and facilities • “C” level report, lead team member and supervision of staff • Ability to leverage my professional skills and partnering with “C” and Board level, investors, peer managers and employees to successfully deliver business objectives • Deliver comprehensive and complete financial results, analysis, trends, measurements and tools to ensure consistent reporting with GAAP, IFRS and SOX • Solid project, and service cost evaluation and management support • Manage multiple organizations, locations and cultures to achieve the company mission • Extensive expertise with equity and debt transactions, venture-backed technology startups, strategic planning, financial control and international business • Excellent in establishing and executing finance, accounting and HR processes, maximizing working capital and creating highly effective finance, accounting and HR departments Positions and Experience Movero Technology, Controller, Austin, Texas 2008-2009 Outsourced IT Wireless Device Lifecycle management and Call center services • Responsible for all Accounting, Finance, HR and Facilities • Secretary of the Board of Directors • Investor relations, due diligence and reporting • Closed $6M in venture capital equity • Responsible for equity compensation and stock option expense • Coordinated all banking activities including restructure of bank debt and assuring compliance with bank covenants • Directed financial audits • Managed federal and state tax reporting • Implemented processes and procedures to improve timely invoicing of customers and cash collections thus improving DSO by thirty days • Worked with Call Center Director, Director of Project Management, VP Sales and VP Marketing to improve call center metrics and pricing and reduce headcount by 50% in order to improve customer profitability, margins and EBITDA • Implemented and managed budgeting process and operational metrics reporting • Improved customer contracts to align succinctly with business objectives and service delivery • Prepared and communicated monthly and annual financial statements to lead team and board of directors • Worked with CEO in identifying and providing financial modeling of potential merger opportunities • Responsible for employee benefits administration, strategic planning, including long term benefits cost control strategies and sales compensation programs Intrinsity, Controller, Austin, Texas 2005-2008 Fabless semiconductor IP and services • Responsible for all Accounting, Finance, HR and Facilities • Implemented processes and procedures to improve financial reporting to investors, board and outside auditors • Managed recruitment of headcount increase by 30% • Investor relations, due diligence and reporting • Closed $40M in venture capital equity and debt • Prepared and communicated monthly and annual financial statements to lead team and board of directors • Directed financial audits • Managed federal and state tax reporting • Implemented Project Accounting software, processes and procedures for 100 engineers • Worked with vendors to improve internal cash flow • Responsible for equity compensation and stock option expense • Worked with investors and outside investment bankers to establish enterprise value using several valuation methodologies (discounted equity value, precedent transaction analysis, comparable public trading metrics and DCF analysis) • Responsible for employee benefits administration, strategic planning, including long term benefits cost control strategies and sales compensation programs Object Reservoir, Controller, Austin, Texas 1999-2005 Oil and gas reservoir modeling software, hardware and services • Responsible for all Accounting, Finance, HR, IT and Facilities • Secretary of the Board of Directors • Investor relations, due diligence and reporting • Closed $70M in venture capital equity • Prepared and communicated monthly and annual financial statements to lead team and board of directors • Directed financial audits • Managed federal and state tax reporting • Contract due diligence • Responsible for equity compensation and stock option expense • Responsible for employee benefits administration, strategic planning, including long term benefits cost control strategies and sales compensation programs • Recapitalized the company equity structure • Implemented engineering internship program with the University of Texas school of Engineering • Implemented financial structure, secured and managed Canadian office • Responsible for recruitment of foreign workers and managed subsequent immigration issues • Responsible for domestic and foreign intellectual property administration Lombardi Software (acquired by IBM), Controller, Austin, Texas 1995-1999 Business process management and accounting software and services • First US employee • Implemented and managed the accounting and finance structure • Responsible for all Accounting, Finance, HR, IT and Facilities • Reorganized company legal structure • Managed subsidiary in Australia • Closed $20M in venture capital equity • Responsible for recruitment of foreign workers and managed subsequent immigration issues • Responsible for transfer pricing and intercompany accounting and tax compliance Scientific Methods, Controller, Austin, Texas 1993-1995 Organizational development services and products provided worldwide • Responsible for all Accounting, Finance, HR, Operations and Facilities • Secretary of the Board of Directors • Re-established accounting processes and procedures in order to reverse previous qualified audit opinions and improve cash flow • Prepared and communicated monthly and annual financial statements to lead team and board of directors • Improved shareholder return on equity • Managed foreign resellers and foreign exchange issues Management Consultant, San Diego, California 1986-1989 Accounting, Finance and Systems Consultant PriceWaterhouse, San Diego, California 1982-1986 Senior Accounting, Audit, Finance and Systems Consultant Education University of San Diego San Diego, CA MBA, Accounting and Finance 1989