Intermap Technologies, a digital mapping and geospatial solutions provider, has promoted Brian Musfeldt, certified public accountant (CPA), to the position of vice president and chief financial officer (CFO). Musfeldt replaces outgoing senior vice president and CFO, Richard Mohr, who will ensure a seamless transition and the completion of the 2009 year-end financial reporting.
Since joining the company in 2006, Musfeldt spent the past four years working alongside Intermap’s CFO as corporate controller, helping to build and lead an exceptional accounting and finance team. He has been responsible for preparing all public reporting requirements for the Toronto Stock Exchange, financial reporting, budget and treasury requirements, international consolidation, internal and external audits, implementation and compliance of Multilateral Instrument 52-109, tax filings, and the day-to-day leadership of the company’s international accounting and finance organisation.
In his new role, Musfeldt will assume responsibility for financial and treasury operations – including investor relations activities and will appoint a new controller to take over his current responsibilities.
Prior to Intermap, Musfeldt was the vice president and corporate controller at Wire One Communications. Before that, he developed an extensive background in mergers and acquisitions and internal audit serving in a due diligence and internal audit role with a private firm, Gores Technology Group. Musfeldt started his career at KPMG/Arthur Andersen working as an audit manager in the high-tech and emerging markets practice.
Musfeldt received his BSc in Business Administration – Accounting from the University of Colorado at Boulder.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.