DAVID K. SPENCER, CPA (Inactive)

**** ********* **.

Southaven MS 38672

901-***-****

advcvh@r.postjobfree.com

BUSINESS EXPERIENCE

Independent Consulting 2016 - 2022

Floats and Fuel Cells

Assists in month end closings

Assists in financial statement preparation

Conducting a comprehensive review of the accounting operation and recommends best practices

Imperial Security

Assisted in month end closings

Varsity Spirit

Recast prior years financials to resemble current presentation

Expediter Services

Reviewed and adjusted proforma projection of future performance to provide enhanced information to senior management.

Served as interim Senior Financial Analyst. Streamlined month end processes to reduce duplicative processes.

Interim Chief Fiscal Officer – Workforce Investment Network – a division of the City of Memphis (March – September 2017)

Responsible for the development of systems and procedures for the fiscal department.

Developed a process for review of reports prior to their distribution.

Utilized Oracle to improve the reporting process.

Began a program to provide stake holders with timely, accurate information regarding grant status.

Improved overall grant reporting to include more accurate information in a more concise and easier to read format.

Enoble, Inc. Memphis, TN 2011 - 2016

Accounts Receivable Factoring

Controller

Responsible for the oversight of all accounting functions to include month-end and year-end closings and annual financial audit.

Transfers more than $400 million per year of client funds on a timely and accurate basis.

Oversaw the completion of a 3-year IRS examination that reduced a preliminary liability by more than $1 million through documentation and negotiation.

Participated in restructuring of outside financing by increasing a line of credit from $30 million to $60 million as well $9 million loan to purchase and renovate new headquarters facility.

Established accounting policies and procedures to formalize functions and routines.

Changed company hiring practices that have resulted in the formalization of job descriptions and an improved hiring process.

HHGregg, Southaven, MS 2009 - 2011

Appliances and Electronics Retailer

Appliance Sales Associate

PathFinder Group, Inc. Memphis, Tennessee 2005 - 2009

Business Consulting Services

Senior Consultant

Responsible for the development of an SAP training manual for a contracted corporation that recently installed SAP

Assigned as the Internal Audit Director in various assignments

Acted as Project Manager for a national distribution corporation on assignments relating to inventory control.

Accountable for a Purchase Accounting project for a new public company that provides off-campus student housing at colleges and universities nationwide

Responsible for Sarbanes – Oxley compliance documentation and testing for various corporations

SEACAP Financial, Inc., Memphis, Tennessee 2002 - 2005

Consulting small businesses in sales and acquisitions, financing and valuation

Senior Analyst

Conducted financial research to identify companies for acquisition/sale

Developed and managed due diligence process for clients

Cruzen Equipment Company, Inc., Memphis, Tennessee 1995 - 2001

$25 million petroleum industry contractor and distributor

Chief Financial Officer 1998 - 2001

Responsible for the negotiation of a multi-million dollar acquisition of a major competitor which included the negotiation of a new credit facility which funded the acquisition.

Responsible for the successful merger of the newly acquired company.

Managed the design and installation of new voice and data communications system including both hardware and software.

Responsible for managing the finance department and developing a staff of six employees.

Controller 1995 - 1998

Led the conversion from IBM System 36 to AS-400 platform.

Increased operating efficiencies and improved tracking systems by converting manual systems to electronic applications.

Developed and managed relationships with local banks which included a $3.0 million line of credit.

Ducks Unlimited, Inc., Memphis, Tennessee 1992 - 1995

$150 million wetlands and waterfowl conservation organization

Internal Auditor

Assigned to a relocation team that was responsible for moving the organization’s headquarters from Chicago to Memphis.

Assisted in establishing and maintaining relationships with local banks which included managing a $5.0 million line of credit.

Audited volunteer committee activities - prevented criminal loss of over $100,000.

Reported directly to organization’s Board of Directors and volunteer President regarding committee audit activities.

Interviewed and selected new retirement fund managers.

Reynolds, Bone & Griesbeck, CPA’s, Memphis, Tennessee 1987 - 1992

Forty-person Mid-South accounting firm

Audit Senior

Participated on the Acquisition Team of new financial institution clients

Supervised work of 5 auditors.

Instructor for continuing education courses offered at the firm.

KPMG Peat Marwick, Memphis, Tennessee 1984 – 1987

International accounting and consulting firm

Audit Senior

Ralston Purina Company, Jackson, Mississippi and Memphis, Tennessee 1981 - 1984

International food company

Manager, Dealer Financial Services

EDUCATION

Millsaps College, Jackson, Mississippi - Bachelors of Business Administration, Finance

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