top of page
  • White LinkedIn Icon
  • White Twitter Icon
  • White Instagram Icon

 
Thank you for taking the time to visit my web-resume. 
I would describe myself as an accomplished and dedicated Finance & Business Operation Expert with over 30 years of professional experience within various company structures and at many diverse stages. 
 
I have a very unique skill set that would bring any corporation increased value that extends beyond the traditional Finance Professional role;
A strategic thinker with "hands-on" attitude,
both in finance and operation!  

 

thumbnail_Francine png.png

Francine Barbe

Finance & Operation Executive

 

​
Email:

fbarbe@live.com

 

Location:

ON & QC CANADA

​

​
​
EXPERIENCE
EXPERIENCE
2021-today

Chief Financial Offer- Fractional

Revelate Corp. /ClearRisk Inc. 

Guide the companies to their next level by securing funding to achieve its aggressive growth by providing Leadership and Vision on the financials affairs while optimizing the overall performance of the company.

Strategic:

  • Assist the CEO/GM in creating and levering financial and assessing the company’s value.

  • Work closely with the CEO/GM as a partner in strategic planning, prioritization and decision making.

  • Assist head of departments and the CEO/GM in achieving governance excellence with the Board of Directors.

  • Work with direct and indirect reports to establish goals, objectives and plans that support the company’s objectives.

  • Secure funding, debt, and equity, for rapid growth

  • Provide timely and comprehensive financial reports and updates to Board of Directors by creating, evaluating, analyzing, and reporting appropriate data

  • Clearly communicate financial information, plans and results to Board of Director and Department leads.

​

Leadership:

  • Work closely with the CEO/GM in performing long-term financial planning and analysis aimed at identifying risks, opportunities, and options in support of corporate mission.

  • Investors relationship building & networking: Fundraising (Debt and Equity)

  • Provide leadership and vision on the financial affairs and corporate performance.

  • Promote a sound fiscal climate and encourage responsible stewardship and 'value for money' utilization of the company’s resources.

  • Promote a culture of informed decision making ensuring that department responsibilities are planned, structured, and focused on supporting decision-based information needs.

  • Develop, promote, and monitor a culture of efficient, results and customer oriented.

  • Ensure reliable systems of internal controls are in place to safeguard the company’s assets and provide accurate reporting on financial results.

  • Evaluate the achievement, financial goals and produce plans comparison.

  • Foster an open and cooperative approach to financial and decision making, building strong relationships with all stakeholders.

  • Develop and support strong external relationships with bankers, investment advisors, legal counsel, auditors, and other providers of services to the company.

  • Monitor best practices and trends in the company’s finances and implement beneficial changes.

​

Operations:

  • Manage Financials and Management reporting including supporting information for systems procedures, policies, cash flow, financial planning, budgeting, forecast and performance management

  • Conduct internal and external audits, with audit firm and government authorities

  • Advise on high-level decisions about policy, treasury, and strategy of the company

  • Ensure compliance with provincial and federal tax, including banking reporting requirements

  • Coordinate and participate in the preparation of financial statements, consolidations, financial reports, special analyses, and operational reports

  • Maintain good standing in finance, accounting, billing, internal control, and auditing procedures

  • Provide support and leadership to management team with planning initiatives through financial analysis, reports, and recommendations, including guidance

  • Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems

  • Responsible for all Human resources payroll aspects, such as compliance, regulations, and policies

  • Analyze financial trends in revenues, cash flows, profitability, cost controls, expenses by providing relevant information

  • Conduct and assess financial & operational performance against targets, budget, and long-term strategy

  • Develop tools and systems for providing critical financial and operational information to the CEO and make actionable recommendations on both strategy and operations

  • Provided financial & operational direction to CEO with regards to risk management of company funds by preparing and delivering the accurate and timely reporting of monthly, quarterly, and annual financial results, as well as yearly budgets, comparison, forecasts, and accurate cash flow projections, including board reporting packages

  • Monitor tactical sale activities for reaching targets, and cost alignment, and provide forecast

  • Ensure the development, implementation, compliance and maintenance of the company financials reporting, policies, and systems.

  • Responsible for the day-to-day management of the accounting division and all aspects of finance.

  • Closely monitor and manage working capital through regular cash flow forecasting, variance commentary, KPI assessment/metrics for SaaS operations and optimization of payments and deductions processes.

  • Develop, implement, and maintain internal financial controls and guidelines

  • Achieve budgeting goals with proper scheduling, analysis, and corrective action

  • Oversee complete billing process, including renewal with the project management group

  • Maximize payroll efficiency through innovative process development

  • Manage and monitor all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP and regulatory standards

  • Maintain internal control safeguards and risk management

  • Establish financial and operating benchmarks, budgets, program monitoring, and reporting standards

​

​

2019-2020

Executive

iCabbi

Subject matter expert and trusted advisor for the successful completion of the integration & mergers.

 

Guide the business through the complicated world of mergers and acquisitions. Manage the consolidation of 4 entities from a recent acquisition.  Introduce processes and workflow, both on the Financial and Operations side of the business, by conducting due diligence in all areas.  Coach and train the new executive team to perform their duties by providing Management strategic support.

 

Analyze and review weaknesses within the company and establish procedures to address. Produce necessary documentations such as business plan, financial forecast and management presentations to guide the company.   Manage the overall financial position while navigating it through a financial crisis (Covid).  Educate and upskill the new Management team.

​

2016-2019

Chief Financial & Operating Officer

Creative Mobile Technologies LLC (MKSI)

I exited the company after a successful completion of its acquisition by a multinational  public company.  Through this recent acquisition, I performed the entirety of the Due Diligence process and it's negotiations, resulting in a lucrative deal, closing with an increased value of 35%, within 4 years. 

​

During my tenure as CFO & COO, tasks included:

  • Provided financial & operational direction to owners with regards to the management of investments or risk of company funds by delivering accurate & timely financials reporting of monthly, quarterly and annual financial results, as well as performed full cycle of: budgeting, forecasts, and cash flow monitoring & projections.

  • Presented, high quality P&L, balance sheet, cashflow & capital results & projections vs. appropriate benchmarks, as well as, trended information.

  • Reinvent the industry solution model, from one that was owned software traditional model to a subscription based SaaS model, being the first in the industry to offer.

  • Analyzed the company’s financial position based on business strategies and managing financials crisis, always with the mandate of advancing internal operational efficiencies

  • Continued improvement within Operations & Financial systems, productivity, profitability and processes, while maintaining adequate internal controls

  • Company wide decision-making within the rapidly growing organization, as well as Board of Director level

  • Introduced and provided financial support by providing comparative results and recommended strategy and roadmap, including gross margin improvement initiatives for operational group and department heads.

  • Conducted and monitored tactical sale activities for reaching targets, and maintaining cost alignment

  • Ensured the development, implementation, compliance and maintenance of company financials reporting, policies and systems. 

  • Reviewed policies by conducting in-depth evaluation of factors.

  • Negotiation and approval of all contracts (customer, vendors, partners, and treasury). 

  • Evaluated the progress on product line efficiencies, client projects and departmental expenses, by introducing proper cost accounting and project costing.  

  • Restructuring exercises returning the company to profitability and reached successful exit strategy with it's sale.

  • Foreign exchange hedging management and forward contracts, benefiting from planned trades

2001-2015

Director of Finance & Corporate Controller

Mobile Knowledge Systems Inc.

Overall responsibility was focused on the continued delivery and guidance to the executive team, allowing them to assess & monitor the business activities and promoted successful business management and decision making.  Some of the many responsibilities included:

​

  • Directed and facilitated a range of financial planning and analysis activities, including the coordination and preparation of monthly, quarterly and annual budgets and financials

  • Developed a Corporate Business plan and provided clear analysis by identifying key actions to Management team for reaching financial results and achieving plan

  • Provided guidance to management team, of current state of the company, by providing comparatives, explaining & translation into operating results and monitoring KPIs

  • Solved manufacturing issues, from shortage to cost deviations, including Inventory analysis, such as usage and surplus

  • Managed relationship with Sales, Marketing, Manufacturing and R&D departments to provide guidance and lead, within our financial forecast, as well as liaise with banking, insurance and investment communities.  

  • Introduced and developed cash flow management to justify and control outflow of funds.  As a Director of the company, I would host Board Meetings or sessions, also created several internal committees to better manage the business’ activities. 

  • Continuously achieved highest quality in conducting external audit, and assuring compliance

  • Management of Corporate Finances, Human Resource, Facilities, General Administration, Manufacturing and Purchasing department.

1990-2000

​

Various roles, with finance expertise
Exceptional Experiences
EDUCATION
2021- continued

​

  • Secure Debt Funding to reach revenue level allowing to seek VC Equity Round (next stage cycle)

  • Investor Relations, networking to assess best suited for business partnership

  • VC Deck preparation, including defining product vision, Marketing Strategy and Sale forecasting guidelines

  • Automated Covenants requirements for Investors

  • Introduced monitoring tools, financial predictors

  • Remapped the entire financial structure to better represent SaaS industry standards and consolidated financials systems

  • Introduced and implemented automated tools providing visibility into the company's performance against benchmarks (SaaS Model Metrics) for better management

2016-2021

​

  • Operated my functions under several form of ownerships and their different requirements; publicly traded, privately owned as well as Venture Capitalist funded 

  • Formulated and executed several restructuring activities, including re-work and negotiation of all clients, suppliers and employees agreements. 

  • Consolidated activities of several sister companies into new product lines units and provided analysis of affordable expenses level to achieve sustainability, resulting in a prosperous downsizing, repositioning the company for growth.

  • Interpret company’s goals and key operational business drivers into financial department goals and ensures effective communications promoting accountability and responsibility throughout the corporation after structural change events. 

  • Successfully completed 4 acquisitions and 3 mergers during my tenure.

​

2020       
  • Successfully conducted the M&A , due diligence and negotiation of the sale of Mobile Knowledge to iCabbi

2015    
  • Successfully conducted the M&A , due diligence and negotiation of the sale of PureShare Inc. to TeamQuest

2014    
  • Creation and separation of Product line into new entities and separate management division of the company

​

​

2013    
  • Founded Ottawa Dog Rescue (ODR).  Volunteer in setting up the non-profit foundation.  ODR have been one of the most successful dog rescue organization in the region.  To date (and counting) have helped saved well over 5,000 Dogs!

​

2012    
  • Consolidation and integration of Mobile knowledge, from the acquisition by Creative mobile Technologies, LLC

2010    
2006       
2004      
2003      
  • Successfully conducted the M&A , due diligence and negotiation of the sale of Objectworld Inc. to Adtran

​

​

​

​

  • Acquisition and Consolidation of Cantech 

  • Start up of newly formed private company and consolidation of companies

  • Successfully guided the company out of Receivership.  Successfully carried the company's daily operation operation, taking it from a public traded and emerging as a privately held company, with investors funding leads

2002      
  • Merger of 7 entities, conducted an ERP system deployment improving efficiencies and ability to analyze cost/margins of all it's manufactured products. Structured a complete financials module that automated all reporting and control aspects of the corporation

2001-2015

​

  • Introduced a software platform providing KPIs, warning signs and access to information, helping executives and board of directors to effectively manage the operation by making informed decisions, resulting in corporate profitability. 

  • Implemented a pipeline system to manage sale leads and automated the backlog and forecast y, helping in maintaining profitability

  • Implemented a ticketing systems to manage all internal issues and external portal for proper customers support

  • Implemented an automated Payroll system

  • Implemented an online timesheet tracking systems, for project costing as well as leave tracking and approvals

1997-2000

​

  • Defined and implemented new financial system to support the complex financial requirements.

  • Established financial guidelines and procedures for the corporation in order to assure an effective internal control.  

  • Introduced structured financial reviews and analysis of balance sheets, income statements and Cashflow position for external audit

  • Analyzed results for correctness and completeness and prepare board’s presentation

  • Completion of corporate annual budget and planning process. 

  • Supervisory responsibilities included planning, organizing, scheduling, coordinating, training and coaching 

SKILLS & EXPERTISES
SKILLS

Leadership

Strategic Planning

Corporate Vision

Problem Solving

Strong Ethics

Compliance

Coaching

Integrity

Finance

Finance Planning & Modeling

Cashflow Management

Financial Reporting

Foreign Exchange 

Budgeting

Forecast

KPI's

​

Operations

Manufacturing

Customer Support

Sales & Marketing

Project Management

Contacts Negotiation

Policies & Procedures

Process Improvement

Integration & Consolidation

​

Business

Start Up

Business Growth

Risk Management

Business Development 

Systems Implementation

HR, IT & Facility Management

Restructuring or Downsizing Mergers & Acquisitions

MSExcel/Word/PowerPoint - Advanced

English & French - Advanced

Day-to-Day Financial Expertise

Cash forecast

Revenue

Accounts Payable

Account Receivables

Payroll

Inventory

Project Costing

​

Compliance

Treasury

Statutory reporting

Regulatory requirements

Transfer Pricing

​

​

​

​

Business Experience

EBITDA

Financial Consolidations

Month end Close

Year end Audit

Working Capital

P&L Owner

Tax returns

​

Manufacturing

Inventory

SaaS

Licensing

Hardware

Software

​

​

​

Professional Services Delivery

Engineering Services

Transactions billing

Project costing

Subscriptions

Royalties

​

​

​

Visual MRP/MS Dynamics - Advanced

QuickBooks/Accpac- Proficient

Google Suites - Proficient

Freshdesk, Slack, Saleforce, Domo, ADP, Vtiger, Amazon Cloud, Netsuite, Crystal, Hubspot, SaaSOptics

EXPERTISE
MY VALUE PROPOSITION
MASTER OF MEASUREMENT

Measure to learn and improve

Choosing the right measures

See measurement as a patterns, trends and abnormalities

Provide reality checks

Use a range of measure to inform a dialogue about performance

BUSINESS VALUE

Growing the company faster

Improving profitability

Improve cashflow

Obtain leverage from banks

Provide Leadership and direction throughout the company

DRIVING THE BUSINESS

Increase business value with better returns

Increase efficiencies

Finding new opportunities and growth

Develop a strategy and implement

Plan the exist strategy and reach it!

​

"The ultimate goal of a company should be to improve profits, manage risks and free up cashflow.  This always give way to hold the control and decision on next step!" - Francine Barbe

​

​

CLIENTS
Meeting room
TESTIMONIALS
" As a ClearRisk board member I had the good fortune of working with Francine. She is extremally professional and demonstrates a strong working knowledge of Planning, Cashflow Management, Business Planning, Mergers & Acquisitions, Operations, Financial Crisis Management, and Financial Accounting. Francine has been a great addition to the team and would be an asset to any organization! "
Ken Cahoon, Member of Board of Directors at
ClearRisk Inc.
CONTACT
bottom of page