Hugo Barsanti
San Mateo,CA
Summary
Talented Controller with expertise in managing all aspects of financial operations. Adept in improving internal controls to mitigate risks and developing high-performing teams. Accomplished in guiding financial strategies that contribute to exponential organizational growth.
Overview
23
23
years of professional experience
Work History
Controller
Worldly Holdings Inc
Kensington, CA
06.2019 - 02.2024
- Directed all aspects of accounting operations for SAAS with customers in 50+ countries
- Set up accounting and HR department that established the base for growth from 4 to 100+ employees spread in 10 countries
- Prepared Month-end financial statements including analysis of results
- Developed business processes and implemented financial systems and internal controls
- Supported income tax and provision preparations
- Managed annual accounting audits
- Outstanding Accomplishments: Streamlined the accounting process reducing the accounting closing date by 20+ days to increase financial transparency and timely information
- Performed due diligence process that supported Worldly Holdings Inc
- Being awarded 3 additional rounds of funding
- Supported international PEO implementation
- Supported conversion from LLC to C corporation and company relaunch
- Implemented sales tax registrations countrywide to comply with Wayfair ruling.
Dir. of Finance
The RealReal Inc
San Francisco, CA
07.2012 - 12.2018
- Direct all aspect of accounting operations for an online luxury consignment store
- Setup accounting and HR department that establish the base for a growth from 3 to 1200 employees
- Develop business processes and implement financial systems and internal controls
- Prepared Month end financial statements and BOD reporting packages including analysis of results
- Managed annual accounting and sales tax audits
- Set up payments process to deliver 50K+ monthly payments worldwide
- Set up Insurance coverage and compliance
- Outstanding Accomplishments: Migrated accounting system (Qb to Netsuite) in 120 days with minimal external support and supervision
- Streamlined the accounting process reducing the accounting closing date by 20+ days to increase financial transparency and timely information
- Revamped benefits package to attract and retain top notch talent yielding in 50% increase of staff within a one year period
- Performed due diligences process that supported The RealReal being awarded 3 additional rounds of funding
- Set up a Fraud department and lowered chargebacks to 0.1 % of gross sales
- Implemented sales tax registrations country wide to comply with Wayfair ruling.
Controller
Vindicia Inc
Belmont, CA
05.2008 - 07.2012
- Controller and HR department for an online billing solution, fraud screening and chargeback management company
- Built sound relationships with management team to successfully spearhead sweeping programmatic changes to financial planning, forecasting and budgetary control
- Handled all aspects of HR including stock options administration and accounting
- Managed annual audits and 409A Valuations
- Prepared BOD reporting packages including analysis of results
- Directed all aspects of accounting, financial and compliance reporting
- Outstanding Accomplishments: Migrated accounting system (Qb to Intacct) in 120 days with minimal external support and supervision which allowed the company to consolidate financials with international entity
- Streamlined the accounting process reducing the accounting closing date by 20+ days to increase financial transparency and timely information
- Revamped benefits package to attract and retain top notch talent yielding in 30% increase of staff within a one year period
- Performed due diligences process that supported Vindicia being awarded 2 additional rounds of funding
- Implemented company wide web based talent management tool within 45 days to ensure consistency and compliance of performance standards.
Corporate Controller
TalkPlus Inc
San Mateo, CA
04.2007 - 04.2008
- Managed finance and HR for mobile technology solutions provider
- Directed all aspects of financial planning, project costing, budgetary control, accounting operations, overseeing all transactions related to general ledger, receivables and payables
- Developed and enhanced financial accounting systems required to maintain reporting and compliance requirements
- Managed all aspects of HR including 401K, benefits and stock options administration
- Prepared month-end financial statements and BOD reporting packages.
Director of Finance and HR
Bellamax Inc.
San Francisco, CA
08.2003 - 03.2007
- Directed all aspects of accounting operations for digital photo enhancement and editing software company
- Oversaw all transactions related to general ledger, receivables, payables and revenue recognition
- Analyzed company's financial results with respect to profits, trends, costs and compliance with budgets
- Prepared month-end financial statements and BOD reporting packages including analysis of results
- Managed all aspects of HR including benefits, stock options administration.
Controller
Bizfinity Inc
Cupertino, CA
08.2001 - 02.2003
- Controller for e-commerce firm that provided an integrated suite of web-based applications designed to help small and medium size companies
- Directed all general accounting activities including annual audits, accounts payable, accounts receivable, payroll and fixed assets
- Prepared and analyzed the results for month-end financial statements and BOD reporting packages
- Provided the financial systems knowledge in the development of software accounting package being brought to market by Bizfinity.
Education
MBA - Quality and Productivity
Brazilian School of Administration
BA - Accounting & CPA Professional Designation
University of Buenos Aires
Skills
- Month-end and year-end closings
- Management Accounting
- Payroll Processing
- Budget Preparation
- Financial Forecasting
- Collections understanding
- US GAAP proficiency
- Balance sheet management
- Internal Controls
- Audit Coordination
Languages
- Native Spanish speaker
- Fluent Portuguese speaker
Timeline
Controller
Worldly Holdings Inc
06.2019 - 02.2024
Dir. of Finance
The RealReal Inc
07.2012 - 12.2018
Controller
Vindicia Inc
05.2008 - 07.2012
Corporate Controller
TalkPlus Inc
04.2007 - 04.2008
Director of Finance and HR
Bellamax Inc.
08.2003 - 03.2007
Controller
Bizfinity Inc
08.2001 - 02.2003
MBA - Quality and Productivity
Brazilian School of Administration
BA - Accounting & CPA Professional Designation
University of Buenos Aires
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