Richard Mitrano

About Richard Mitrano

Seasoned Finance Executive with more than 25 years of progressive experience with a focus on finance and accounting ranging from start-ups to well-established organizations. Demonstrated ability in Business Planning and Financial Planning Analysis, Financial Statement Management, and Financial Reporting. Recognized for In-depth knowledge and skills in conceptualizing and implementing financial policies and procedures including working capital management and internal financial controls. KEY ACCOMPLISHMENTS • Worked with C-Suite to raise over $275mm at Frequency Therapeutics, Inc. since inception through IPO. • Partnered with Accounts Receivable at Boston Business Journal to reduce bad debt expenses from 2% to less than half a percent of gross revenue. • Built SEC reporting and Sarbanes-Oxley functions as part of transition from private company to public. • Key member of management team responsible for taking Frequency Therapeutics, Inc. through IPO process. • Increased overall operating efficiency within Purchasing department at CombinatoRx, Inc. through implementation of ReQlogic, a requisitions system that automates purchasing cycle.

Experience

1. Vice President of Finance and Operations

   Frequency Therapeutics

   Jul 2015 — Present · Boston, MA, US

   Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate GAAP standards and regulatory requirements. • Work with team to draft S-1 and prepare company for successful IPO. • Advise CEO and senior management on financial planning and analysis, cash flow, investment priorities, and policy matters. • Serve as management liaison to the Board of Directors and Audit Committee; communicate and present critical financial matters at Board of Directors and committee meetings. • Manage external reporting team in preparation and review of Company’s external reporting filings, including annual reports, proxy statements, 10-K, 10-Q, earnings releases and XBRL. • Streamline Sarbanes-Oxley compliance processes by reducing key controls through design and implementation reviews, increased automation, and enhanced risk assessments; direct oversight of group control matrix, flowchart implementation, narrative enhancement, and COSO mapping. • Implement system of policies, internal controls, accounting standards, and procedures. • Provide analytical support to internal management team including development of internal management reporting capabilities; plan, coordinate, and execute annual budget process. • Improve administrative and operational accounting services including treasury management, payment processing, payroll, Accounts Payable, and purchasing; • Identify new office and lab space, manage buildout and relocation from old facility. • Develop and implement HR strategies and initiatives aligned with overall business strategy. • Administer benefits programs such as life, health, and dental insurance, 401k plan, vacation, sick leave, and employee assistance. • Establish and implement facility management program including preventative maintenance requirements.

Education

• Bentley University

  Bachelor of Science (BS), Accounting

  1990 — 1994