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Developer Management

Location:
San Francisco, CA
Posted:
May 22, 2015

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Resume:

LAWRENCE M. DAVIS, MBA, CPA - financial executive skilled at creating

shareholder value through organic growth, mergers and acquisitions, and

international operations

San Francisco, CA 415-

336-9260

http://www.linkedin.com/in/larrymdavis

acptjy@r.postjobfree.com

CONTROLLER

Accomplished at identifying and resolving complex technical accounting

issues through experience as a Big Four auditor and corporate controller.

Knowledgeable in operations and financial reporting for both publicly

traded and privately owned enterprises. Extensive experience in

interpreting financial results for boards comprised of venture capitalists

and private equity investors. Adept at attracting, developing and

retaining top talent across multiple departments through exceptional

leadership, succession planning, and communication skills.

. Sold a $400M family owned business to a private equity firm for 13

times earnings

. Reverse merged a $500M retailer into a public shell while securing

$250M in debt financing for expansion. Grew business to $1B through

seven acquisitions in one year while increasing the operating margin

from 2% to 3% versus an industry average of 1.5%

. Collaborated with CEOs of venture funded and private equity backed

companies to raise $600M in convertible debt and equity financing

. Led teams through more than 25 acquisitions that were accretive to

earnings. Mediated and resolved differences in corporate cultures to

ensure seamless post closing integration

AREAS OF EXPERTISE

Capital formation Private equity

Improving cash flow Revenue recognition

Talent development Complex financial reporting issues

SEC reporting Board and investor presentations

Foreign currency translation Mergers and acquisitions

Budgeting and cost control Global operations

PROFESSIONAL EXPERIENCE

CFOexec.com, San Francisco, CA

1999 - present

Principal

Provide CFO and controller level services to various pre-IPO technology

companies. Representative engagements include

Fluid, Inc., San Francisco, CA

2013 - 2014

VP Finance

Designer of custom web sites for premier retailers such as The North

Face, Brooks Brothers, and VF Industries. Major investors include the

private equity arm of Goldman Sachs and IBM

. implemented a monthly financial closing process that increased

the accuracy and reduced the time of submission of a complex

reporting package to Goldman Sachs

. arranged a $6.5M three tranche credit facility with Comerica

Bank that eased cash outflow

. reduced the cost of the annual audit by $10,000 through the

improvement of internal controls and the documentation of

policies and procedures

. reduced receivables aged over 90 days from $200K to $-0- by

involving co-workers in the collection process. Action also

improved cash flow by increasing borrowing capacity with

Comerica Bank.

BrightEdge Technologies, Inc.

2010 - 2013

Controller

SaaS based subscription model company whose software optimizes results

from organic search traffic as measured by conversions and revenue.

Financed by Intel, Battery Ventures, and others

. developed revenue recognition and foreign currency translation

policies

. implemented a cash forecasting model to project subsequent

financing needs

. created a UK subsidiary

. assisted the management team in closing $20M and $40M rounds of

financing

NovaRay Medical Systems, Inc.

2008-2010

Chief Financial Officer

Publicly traded developer of high performance medical x-ray

fluoroscopy systems

. Took the company public via a reverse merger into a public shell

to include preparation of all reporting to the SEC: Forms 8-K,

10-Q, and 10-K

. Raised $15M in a private placement offering subsequent to

closing the merger

Glimmerglass Networks, Inc.

2006-2008

Vice President of Finance

Venture capital backed SaaS subscription model developer of cyberspace

security software sold to national governments

Led the accounting team through three years of audits followed by

preparation for a listing on the London Stock Exchange's Alternative

Investment Market ("AIM").

Taleo Corp, Quebec, Canada

2005 - 2006

Controller

Publicly traded (NASDAQ: TLEO) SaaS based developer of talent

management software

. Led the company through a restatement of earnings, it's first

audit as a public company, and filing of its initial Forms 10-K

and 10-Q

. Created the foreign currency translation and deferred revenue

recognition policies for revenue generated in eight different

currencies

. advised CEO and board members on implementing a retention

program for Quebec based employees

Previous experience:

. Demandtec, San Francisco, CA, Vice President of Finance for a venture

capital backed developer of product and pricing mix optimization

software sold to packaged goods retailers such as Walgreen's, Safeway,

Wal-Mart, and others

. FirstAmerica Automotive, Inc., San Francisco, CA, CFO for a $1B

publicly owned consolidator of automobile dealerships created by a

reverse merger into a public shell. Personally handled all SEC

reporting.

. The Nalley Companies, Atlanta, GA, CFO for a $400M retail

conglomerate. Arranged sale of the company to a top tier private

equity firm for 13 times earnings.

. Citibank, Atlanta, GA, VP and Senior Credit Officer. Led a team

through the liquidation of a $2B problem loan portfolio; created the

bank's first consumer automotive leasing program

. LeasePlan, Atlanta, GA, Controller for Europe's largest fleet leasing

company. Led growth from $-0- to $30M in revenue in three years

. Arthur Andersen, Atlanta, GA - Audit Senior for a Big Four CPA firm.

Led teams through audits of publicly traded and privately held

enterprises.

EDUCATION

. CPA License, State of Georgia

. MBA and BSBA, management and accounting, Auburn University,

Auburn, AL

. BS, mechanical engineering and Russian, US Military Academy, West

Point, NY



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