Galit Bernstein

Global finance/accounting operations executive and C-level consultant/strategic partner with 20+ years of experience in driving vision, strategy, and execution for financial planning and analysis, finance/accounting process optimization, ERP implementation, risk assessment, fundraising, M&A, IPO, SEC reporting and SOX compliance initiatives in enterprise and start-up contexts. 

• Global CFO/VP Finance/Controller experience at over 6 global companies, with leadership responsibility for teams of up to 7 direct and 30 indirect reports managing G/L, A/R and collections, A/P, cash management, banking relations, payroll, and cost accounting.

• Excels in planning and executing due diligence, ERP implementations, FP&A, and consolidated financial reporting for M&As, IPOs, SEC filings, and SOX processes by drawing on expertise in US GAAP, accounting research and Big 4 firms audits (EY, PwC).

• Diverse industry experience spanning public and private firms in the technology (SaaS, OTT video platform, media, and 3D printing), biotech, healthcare, manufacturing (hardware, apparel, fashion, CPG, jewelry), TV production, and higher education sectors.

• Served in a multi-faceted leadership role spanning the finance and HR functions while providing additional support to the IT, Warehouse/Manufacturing, Sales, and Purchasing teams to drive continuous growth for a $10M global data storage and power supply hardware public company. Delivered a new financial forecasting module and robust weekly dashboard report and restructured the finance and HR team reducing monthly close from a month to 7 business days.
• Led an Odoo ERP implementation to drive a go-live of the corporate accounting function for a D2C start-up baby bottle feeding, healthcare, technology, and manufacturing firm in less than 2 months, in addition to working with the CEO to raise $10M+ in capital and creating a robust KPIs/metrics and a financial analytics and reporting framework.

• Provided financial advisory and leadership to implement NetSuite ERP consolidated reports and facilitate financial audits & the sale of major business of a mid-sized private equity firm to generate $130M+ annual revenue post sale (of which 80% was SaaS ARR).

• Executed a consulting project with E&Y for a large global SaaS firm with $1B+ in revenues on its IPO process (S1 drafting).

• Built a 12-member global team, established 3 years of financial reports on an accrual/US GAAP base and helped secure $15M+ in Series A funding by leading due diligence efforts for a OTT media/content distribution start-up. Also drove strategic planning and execution, SaaS KPIs/metrics, Working Capital & EBITDA optimization and process improvements that reduced the monthly close process from ~1 month to 4 business days for Asian entities and 7 business days overall.

• Drove a Plex ERP/EDI implementation for a $400M+ CPG food production firm upon an M&A activity, including overseeing system customizations and preparation of internal controls documentation to streamline processes in less than 6 months.

• Performed accounting reviews/research and led SEC reporting for an M&A and post-M&A integration & IPO of a $100M global SaaS, healthcare & biotech firm, which resulted in the consolidation of 15+ entities and an increase of $40M+ (or 69%) in revenue.

• Delivered financial leadership and direction to a 16-member global team and led the SEC filing process, the SOX process (less than 2 years) and the FP&A process at a landmark $50M global public apparel company to pay off $16M+ in debt and turn around the business from major losses to $1M+ in net profit.

Bachelor of Arts (BA) in Accounting & Economics, Magna Cum Laude • Bar Ilan University, Ramat Gan, Israel 

Certified Public Accountant (CPA) • Israeli Ministry of Justice