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Chris Adams, CPA (inactive)
CFO/CCO/Controller for FoF, VC/PE & Early to Growth Stage Start-up and operating companies
Professional Background
Chris Adams is a seasoned accounting and finance professional with an impressive track record spanning over 30 years across a diverse range of industries. With specific expertise in private equity and venture capital (20 years), Chris has honed his skills in multiple sectors including start-ups, SaaS businesses, medical device manufacturing, and medical services. In addition to his extensive experience in large corporations and various industries, Chris has served in significant roles in catalog and restaurant retail, distribution, and real estate. His multifaceted career also includes more than 15 years as a Fractional CFO, CCO, and Controller for venture capital (VC), private equity (PE), and start-up companies.
Throughout his career, Chris has been instrumental in various operational domains, including financial strategy, reporting, and analysis which are pivotal for early to growth-stage companies. His ability to forecast and manage cash flows, alongside comprehensive budget planning, makes him a valuable asset in the financial sector.
Education and Achievements
Chris’s educational foundation is rooted in accounting, having studied CPA, Accounting/CPA, and earned a Bachelor of Business Administration (BBA) degree in Accounting at Georgia State University, where he was part of the J. Mack Robinson College of Business. His education has provided him with robust knowledge in accounting principles and practices, which has undoubtedly played a critical role throughout his extensive career.
Areas of Demonstrated Achievement
Chris possesses a broad array of skills that underlie his success:
- Strategic and Financial Planning: Chris has a proven history of effectively strategizing and executing financial plans for VC and early to growth stage portfolio companies.
- Comprehensive Financial Management: His expertise encompasses full-cycle accounting, cash management, and in-depth financial reporting and analysis, all crucial for the health and clarity of any business’s financial standing.
- Investor Communication: Chris excels at maintaining smooth communication among investors, limited partners, and general partners, ensuring that investor relations are buoyed with continuous updates and transparency.
- Performance Modeling: With his acumen for creating and maintaining performance, pro forma, internal rate of return (IRR), and forecasting models, Chris is adept at strategic decision-making.
- Human Resources Management: His work in human resources extends to recruiting, staff management, and development, making him a well-rounded financial leader.
- Regulatory Compliance: Chris excels in SEC compliance and reporting, positioning him as a knowledgeable leader who can navigate complex financial regulations with ease.
- Financial Tool Advisory: He has provided advisory services on VC/PE reporting tools for fund administrators, showcasing his ability to refine financial processes and reporting standards.
- Communication: His extensive experience in investor relations facilitates collaboration and understanding amongst financial stakeholders which is essential for the sustained success of portfolio companies.
Career Highlights
Chris has held numerous pivotal roles, showcasing his expertise in finance and accounting. Some notable positions include:
- Fractional CFO/CCO: Assisting Fund of Funds VC and Direct investing VCs where he has significantly contributed to financial oversight and strategic planning.
- Chief Financial Officer: Chris served as CFO at Emergent Medical Partners and similarly held CFO roles at other prominent firms including Three Arch Partners and Focus Ventures, demonstrating his leadership in financial management at high levels.
- Interim CFO at Mainsail Partners: In this role, Chris was responsible for pivotal financial oversight while guiding the organization through transitional changes.
- CEO & Owner of Nettleton Condo Development: From 2005 to 2009, Chris developed his entrepreneurial skills by leading a real estate venture, overseeing the successful operation of a 34-unit condo development.
- Senior Auditor: Chris began his career at sought-after firms such as Grant Thornton LLP and Seiler LLP, where he gained foundational experiences in audit assurance and tax compliance.
- Controller Position: He was recruited to become the CFO of Three Arch Partners while initially serving as the Controller for Lightspeed Venture Partners, evidencing his valued expertise and leadership efficiency in financial sectors.
Chris’s diverse experiences allow him to approach financial challenges with a comprehensive understanding and a strategic mindset, providing invaluable solutions across the financial landscape. His background in venture capital and private equity particularly positions him as a thought leader who can adeptly navigate the nuanced demands of early-stage companies while supporting growth and profitability.
Concluding Thoughts
Chris Adams is a seasoned accounting professional, equipped with over three decades of rich experience in finance and strategic management. His multifaceted expertise and proven achievements across various industries make him a valuable contributor in the fields of finance, accounting, and venture capital. Committed to excellence, Chris continues to lead and inspire in an ever-evolving financial landscape, solidifying his reputation as a trusted advisor and leader in the business community.
