Chief Financial Officer

 

Management Advisory

Able to assist Chief Executive Officers as a trusted business advisor in guiding companies towards future success.  Expertise in venture capital funded companies, and guiding high technology start-ups towards the successful exit of either an initial public offering or acquisition.

 

Corporate Controller Services

Significant experience in providing financial management services to companies by maintaining the corporate financial records, and assisting management teams in planning, budgeting and measuring financial results. Services can be provided on a complete basis for smaller clients, or by managing client personnel for larger situations.

 

Human Resource Management

Able to manage and provide both basic and complex human resource services, from hiring and firing, disciplinary actions, personnel performance reviews, compensation reviews, and implementing human resource policies.  Services can be provided on a complete basis for smaller clients, or by managing client personnel for larger situations.

 

Legal Assistance

Capable of providing alternative services typically provided by legal firms by drafting and/or reviewing certain form agreements such as non-disclosure agreements, employment documents, sales and purchase agreements.  Able to act as primary interface with client's law firms and coordinate all legal activities.

 

* Note: Neither Hayes Financial Group, LLC nor Daniel P. Hayes are lawyers, and neither are licensed to practice law.  However, prior experience has been utilized to reduce dependence on outside law firms with the intent of reducing the clients overall legal costs.  Hayes Financial thus provides legal assistance, which is generally supplemented by services rendered by licensed experts in the field of law.

 

Subject Matter Expert

 

Merger & Acquisition Services 

Available for either management advisory services or detailed M&A financial due diligence.  Experience includes M&A transactions on both the buy side and sell side, for both stock transactions and asset acquisitions.  Select M&A experience includes the acquisition of Astral Point Communications (on the sell side of a stock transaction with Alcatel); the acquisition of Seranoa Networks (on the sell side of an asset acquisition with White Rock Networks); and the purchase of both Folio and Waypoint (on the buy side of stock transactions by Open Market).

 

Technical Accounting Issues

Available on a contract basis to provide subject matter expertise on various financial matters, most notably the intricacies of revenue recognition within various industries, including those governed by SOP 97-2, SAB 104 and SOP 81-1.

 

Board / Advisory Services

Available for select Board of Director positions, including representation on Audit Committees, providing the required financial matter expertise derived from 20+ years of public and private accounting and financial management experience.

 

Turnaround Situations

Available on an interim basis to manage turnaround situations, assisting the senior management team of venture-backed companies get reestablished in the marketplace, obtain solid financial footing, and manage or repair the existing relationships with the employee base, bankers and the investors.

 

Troubled Company Wind-downs

Available to assist investors manage the often complicated wind-down process under Massachusetts state law.  Working in conjunction with the company's outside lawyers and the investors, have been able to successfully negotiate significant (sometimes greater than 90%) reductions in vendor obligations during the liquidation process.  Available to handle all third party negotiations, final settlements and disbursement of funds, investor communications, and both federal and state filings.