627: Learning the Lyrics to a Finance Career | Mark Sargent, CFO, Westhaven Power
At the start of his finance career, Mark Sargent says, he could not picture himself working for a large, big-name corporation. He says that he was drawn instead to smaller companies, which he believed would be more accepting of “creative types” or those employees more prone to self-expression.
In Sargent’s case, an accounting and finance job was Plan B, or a “safety” occupation in case his aspirations to become a rock musician didn’t pan out.
Interestingly, it was Sargent’s deliberate avoidance of big business that undoubtedly allowed him to quickly garner some of the experiences that finance career builders long to add to their resumes.
“The very first job that I got was really a perfect fit: It was a small paper-making company, and I quickly learned that they were 9 months away from an IPO,” recalls Sargent, who was hired as a cost accountant but quickly found himself reassigned to oversee the implementation of a new accounting system intended to add some muscle to the company’s post-IPO reporting regimen.
This was the type of early career experience that later helped Sargent to open the door to more senior finance and accounting roles, such as the operations controller role he took on at Spectrian, a Sunnyvale, Calif., technology company. After years of serving government and aerospace industry customers, Spectrian, in the mid-1990s, moved to supply its cellular technology offerings to commercial customers in light of the growing infrastructure opportunities driven by cellular phone usage.
Not unlike in Sargent’s first career chapter, Spectrian went public within months of his arrival, increasing the demand for improved visibility into the numbers and challenging the finance team to routinely produce metrics that could help management to better set performance expectations.
“I really consider it my inflection point in becoming a CFO and a leader,” explains Sargent, who adds that it was his breadth of visibility across the company and his awareness of being part of a team of highly skilled finance professionals that whetted his appetite for more and turned his finance career into Plan A. –Jack Sweeney