Summary
Overview
Work History
Education
Skills
Timeline
Generic

Stuart Drummond

Burlingame,USA

Summary

Over 25 years of post-designation experience in the manufacturing, technology, and life sciences sectors. Primary experience includes internal and external reporting, acquisition accounting and integration, cost accounting, management of accounting processing functions, and implementation of SOX 404.

Overview

29
29
years of professional experience

Work History

Interim Chief Financial Officer

Cutera, Inc
04.2023 - Current
  • Company Overview: Cutera is a public medical device company selling aesthetic laser devices and has approximately $250 million in annual revenues and entities in 10 countries, including a manufacturing entity.
  • I am responsible for overseeing the finance organization with over 40 total reports. My direct reports include the VP of FP&A and Investor Relations, the Director of SEC, the Director of Revenue and Cost, and the Director of Accounting.
  • I have extensive recent experience with the investment community and sell-side analysts and have taken the Company through several earnings release cycles. I am a member of the Executive Leadership Team, which meets weekly to formulate and implement strategy.

Vice President and Corporate Controller

Cutera, Inc
07.2021 - 04.2023
  • My direct reports included the Director, SEC Reporting; Director, Accounting, and Director, Revenue and Cost and the European Controller. My responsibilities were:
  • Managing all SEC filings and the external audit;
  • Managing internal reporting to senior management and Audit Committee;
  • Managing all accounting transactional processes, including monthly close and stock administration and payroll;
  • Managing corporate tax.
  • Overseeing the accounting and control design related to the Company’s most significant new product roll-out.

Senior Director, Corporate Controller

Sangamo Therapeutics, Inc
11.2019 - 06.2021
  • Managed all accounting functions and a team of 17 employees. Direct reports were Director, SEC Reporting; Director, Accounting Close; and Associate Director, Accounting Operations and Treasury. Responsibilities included managing all SEC filings; managing internal reporting to senior management and Audit Committee; managing all accounting transactional processes, including monthly close, stock administration and payroll; managing corporate tax, treasury and SOX 404.

Corporate Controller

CareDx, Inc
07.2016 - 03.2019
  • Managed all accounting functions and an organization of 15 employees. Direct reports included three finance directors at the Corporate office and the Heads of Finance of our foreign subsidiaries. Responsibilities included:
  • Consolidation of subsidiaries and conversion of IFRS statements to GAAP;
  • Overseeing ERP implementation at worldwide subsidiaries;
  • Managing all SEC filings;
  • Managing internal reporting to senior management and Audit Committee;
  • Due diligence and integration of newly acquired entities;

Finance Director

Procera Networks, Inc
06.2013 - 06.2016
  • Responsible for managing the team responsible for the worldwide consolidation, all accounting transactional processing and monthly and quarterly reporting.

Controller

Procera Networks, Inc
  • Vineyard Networks was a software start-up purchased by Procera Networks, Inc. In addition to the day-to-day management of the finance department, responsibilities included bringing the accounting function in-house; integration of Procera’s accounting systems and processes, including incorporating corporate policies and procedures; implementing Netsuite; changing payroll providers; opening new banking relationships; and budgeting and forecasting.
  • In addition, chaired the all-hands meetings and bi-weekly management team meetings.

Manager

Credential Financial
11.2008 - 12.2012
  • Responsible for managing the monthly close process and accounting department of five employees; as well as managing the financial planning and analysis function.

Corporate Controller

Focus Enhancements
04.2004 - 10.2007
  • Reporting to the Chief Financial Officer, responsibilities included financial reporting, budgeting, cash management and financial analysis. Prepared the 10-K, 10-Q, Proxy and Registration Statements; managed the financial planning and analysis function; and managed all accounting functions, including general ledger, accounts payable, accounts receivable, fixed assets, payroll and tax.

Senior Finance Manager

Quantum Corporation
10.2000 - 03.2004
  • Managed two departments responsible for financial reporting and stock administration, respectively. The financial reporting department was responsible for the preparation of 10-K, 10-Q, Proxy and Registration Statements; internal management reporting and analysis of results; preparation of financial reporting for the Board of Directors and press releases; and coordination of interim and year-end external audits. Assumed the project management role for ensuring the compliance of the corporate functions with the requirements of section 404 of the Sarbanes Oxley Act.

Finance Manager, Cost Accounting

Quantum Corporation
03.2000 - 09.2000
  • Managed two departments responsible for financial reporting and stock administration, respectively. The financial reporting department was responsible for the preparation of 10-K, 10-Q, Proxy and Registration Statements; internal management reporting and analysis of results; preparation of financial reporting for the Board of Directors and press releases; and coordination of interim and year-end external audits. Assumed the project management role for ensuring the compliance of the corporate functions with the requirements of section 404 of the Sarbanes Oxley Act.

Supervisor, Management Reporting

Philip Morris
08.1999 - 02.2000
  • Supervised a team of three financial analysts responsible for coordination of management and volume reporting to the international headquarters in New York. Responsible for establishing and coordinating an internal controls department of five analysts within Philip Morris’ Russian operations, which comprised two factories and 15 field offices.

Supervisor, Internal Controls

Philip Morris
06.1997 - 07.1999
  • Supervised a team of three financial analysts responsible for coordination of management and volume reporting to the international headquarters in New York. Responsible for establishing and coordinating an internal controls department of five analysts within Philip Morris’ Russian operations, which comprised two factories and 15 field offices.

Analyst, Internal Controls

Philip Morris
04.1996 - 05.1997
  • Supervised a team of three financial analysts responsible for coordination of management and volume reporting to the international headquarters in New York. Responsible for establishing and coordinating an internal controls department of five analysts within Philip Morris’ Russian operations, which comprised two factories and 15 field offices.

Audit Supervising Senior

KPMG Peat Marwick
  • Employed in the Audit Department of the Wellington partnership, reaching the level of supervising senior.

Education

Postgraduate diploma - Accounting and Finance

Victoria University
New Zealand

Bachelor’s degree - Economics and Sport and Leisure Studies

University
New Zealand

Skills

SEC Reporting

Cost Accounting

ERP Implementations

Timeline

Interim Chief Financial Officer

Cutera, Inc
04.2023 - Current

Vice President and Corporate Controller

Cutera, Inc
07.2021 - 04.2023

Senior Director, Corporate Controller

Sangamo Therapeutics, Inc
11.2019 - 06.2021

Corporate Controller

CareDx, Inc
07.2016 - 03.2019

Finance Director

Procera Networks, Inc
06.2013 - 06.2016

Manager

Credential Financial
11.2008 - 12.2012

Corporate Controller

Focus Enhancements
04.2004 - 10.2007

Senior Finance Manager

Quantum Corporation
10.2000 - 03.2004

Finance Manager, Cost Accounting

Quantum Corporation
03.2000 - 09.2000

Supervisor, Management Reporting

Philip Morris
08.1999 - 02.2000

Supervisor, Internal Controls

Philip Morris
06.1997 - 07.1999

Analyst, Internal Controls

Philip Morris
04.1996 - 05.1997

Controller

Procera Networks, Inc

Audit Supervising Senior

KPMG Peat Marwick

Postgraduate diploma - Accounting and Finance

Victoria University

Bachelor’s degree - Economics and Sport and Leisure Studies

University

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