Anthony Davenport Email & Phone Number

Southfield, Michigan, United States

Michigan, United States

Head of Finance, Operations, and Administration

Greater Detroit Area

Newly created startup company based in New York and Michigan tasked with creating functional controls over all Finance and Administration functions.• Oversee all general accounting, finance, treasury, and legal functions with annual revenues of $13M.• Manage Accounting, Accounts Receivables, Accounts Payable, and Human Resource functions with two staff members.• Due Diligence work on two successful acquisitions of companies located in Chile & Colombia, valued at over $10M. • Worked extensively with the accountants and lawyers on tax, legal, and due diligence matters.• Budgeting and Forecasting creation and compliance reporting.• Board of Director Reporting

Bingham Farms, Michigan

• Oversee all general accounting and finance functions for seven different companies with annual, consolidated revenues of $18M.• Manage Accounting, Accounts Receivables, and Accounts Payable departments with two staff members and creating a new staff accountant position.• Manage daily treasury functions, including negotiation of a $2.0M line of credit; $2.5M of senior debt; and the renegotiated increase to $3.0M line of credit.• Due Diligence work on a successful acquisition of $4.8M portfolios of websites.• Handle preparation, organization and execution of annual financial audit.• Created & implemented the Company’s first fully functional corporate budget down to the department level.

Hillsborough, New Jersey/Lake Orion Michigan

A publicly traded $1.5B medical equipment manufacturer/privately held medical instrument repair company with revenues of $32M.Partnered with CEO in successful integration of financial operations / processes for company merger. Ensured maximum cost savings and reorganization, including transition / relocation of corporate headquarters, accomplished within 18 months.* Oversee all general accounting and finance functions for seven different companies with annual, consolidated revenues of $32M.* Manage Accounting, Accounts Receivables, Collections, Purchasing and Accounts Payable departments with three managers and 11 staff members.* Handle preparation, organization and execution of annual financial audit.* Create and implement various internal control policies in accordance with GAAP.* Implemented cost savings initiatives, resulting in annual savings of approximately $900K. * Oversee insurance functions for all companies, four properties and a fleet of over 60 vehicles.* Manage daily treasury functions, including renegotiation of a $5M line of credit.

Troy, Michigan

Privately held merchant credit card processor with revenues of $300M.Organized, managed and developed processes to enable growth from a $50M company with four accounting department staff members to a $300M company with 14 staff members and three managers. * Oversaw all general accounting and finance functions for eight different companies with annual, consolidated revenues of $300M.* Managed Accounting, Accounts Receivables and Accounts Payable departments. * Supervised preparation, organization and execution of annual financial audit.* Created and implemented various internal control policies in accordance with GAAP.* Assessed accounting operations and recommended changes, as necessary.* Managed internal audit of all income and expense sources related to credit card, check guarantee, wireless providers and gift card services, with resulting annual savings of approximately $750K. * Oversaw insurance functions for all companies and four properties.* Managed daily treasury functions and managed $25M line of credit. * Converted accounting, accounts payable and accounts receivable functions from Peachtree accounting to Great Plains software, as well as integrating it into various internal software systems.* Possessed Mergers and Acquisitions experience from due diligence to successful acquisition and integration on transactions, ranging from asset purchases to complete companies.* Instructed a class of 15 internal management candidates on computer use and proficiency.

Bloomfield Hills, Michigan

Privately held corporate dental office with revenues of $37M.Organized and automated data; streamlined financial processes to ensure GAAP conformity.* Oversaw all accounting and treasury functions, including day-to-day cash management for over 70 dental clinics and one optical clinic, located in seven states with $37M annual revenue, utilizing Best Software’s Platinum accounting software.* Managed Accounting, Accounts Payable and Payroll departments, including overseeing seven staff members; responsibility for hire / fire.* Directed and monitored managed care accounts receivables of $20M, including collections, researching and analyzing actual to estimated receipt discrepancies. Resolved insurance related issues.* Handled preparation, organization and execution of annual financial audit.* Automated accounting department policies and procedures to allow no personnel changes necessary from $23M of revenue in 2000 to $75M in 2004.* Implemented daily treasury functions and upgraded debt and cash functions to real-time basis.* Coordinated all property tax returns and organized any applicable audits requested by various taxing authorities.

Troy, Michigan

Publicly traded Distribution Company with revenues of $1.2B. 1999 - 2001 Worked closely with Treasurer in updating, automating and maintaining all aspects of company’s financial arrangements. Managed two staff members.* Managed daily cash position, including all debt and investing activities for US and foreign operations and foreign currency transactions.* Maintained extensive internal reporting on compliance issues and external reporting for the $150M revolving credit facility.* Oversaw all banking functions and cash management for over 30 bank accounts.* Maintained all internal cash statements for officers of company, including monthly, quarterly and annual cash forecasts and budgets.* Served as lead staff member on due diligence, acquisition and implementation of new $200M credit facility to help restructure financial arrangements of the company.

Troy, Michigan

Led team through reorganization as well as redevelopment of financial process in compliance with GAAP practices. Supervised two staff accountants.* Aided in conversion from MAS90 to Oracle Software for distribution services and financial accounting.* Prepared monthly, quarterly and year-to-date financial statements, including consolidated income statements / balance sheets for United States and international operations.* Developed extensive reporting with emphasis on balance sheet, income statement and intercompany transactional analysis.