David Fitzhugh Email and Phone Number

Daily management of A/R, A/P, payroll, cash flow forecasting and budgeting.

Held multiple executive and management positions with title insurance company serving a 4-county region.In charge of all A/P, A/R, G/L, P&L, Management Information System and facilities management.Supervised team of 6 direct and 13 indirect reports, including Branch Managers. Held full accountability forcompany-wide compliance with GAAP and corporate HR policies and procedures. Managed payroll, newhire, and annual health benefits enrollment activities. Key resource for… Show more Held multiple executive and management positions with title insurance company serving a 4-county region.In charge of all A/P, A/R, G/L, P&L, Management Information System and facilities management.Supervised team of 6 direct and 13 indirect reports, including Branch Managers. Held full accountability forcompany-wide compliance with GAAP and corporate HR policies and procedures. Managed payroll, newhire, and annual health benefits enrollment activities. Key resource for annual audits with outside CPAfirm and escrow administration.KEY CONTRIBUTIONS & ACCOMPLISHMENTS:Reduced fixed costs by 40% over a 3-year period. Annual revenue varied between $18 millionand $27 million.Decreased telephone costs by over $40,000 annually. Encompassed 16 branch locations plusadministrative offices.Reduced lease cost of postage machines by $42,000 per year. Eliminated machines at alllocations except the main office.Captured an estimated $25,000 annual savings. Negotiated with trust account banks to pay foroperating account checks.Conducted training classes on MS Word, Excel, and Outlook. Result was reduction in paper costand overtime through more efficient communication methods.Designed and supervised construction of numerous branch offices. Square footage rangingfrom 2,100 sq. ft. to 12,500 sq. ft.Managed centralized accounting department. Supervised all facets of the accounting departmentincluding month-end close by the fifth working day of each month. Show less

In charge of all accounting duties for company specializing in demolition and site preparation. Supervisedemployees and reported directly to the company president.KEY CONTRIBUTIONS & ACCOMPLISHMENTS:Reduced average receivables by 12 days resulting in increased cash flow of over $7,000 permonth.Sucessfully implemented plans for new accounting system and avoided any computer systemdowntime during year-end close.

Led team of 10 full-time and 35 contract employees. Managed cash flow (A/P and A/R) as well as materialprocurement, processing and distribution to end users that included hospitals and physicians. Ensuredcompliance with FDA regulations and quality control objectives.KEY CONTRIBUTIONS & ACCOMPLISHMENTS:Increased annual revenue by 25% to over $3,000,000Developed and implemented 5-year plan, accomplishing goal of a merger with a larger tissuebank within 4… Show more Led team of 10 full-time and 35 contract employees. Managed cash flow (A/P and A/R) as well as materialprocurement, processing and distribution to end users that included hospitals and physicians. Ensuredcompliance with FDA regulations and quality control objectives.KEY CONTRIBUTIONS & ACCOMPLISHMENTS:Increased annual revenue by 25% to over $3,000,000Developed and implemented 5-year plan, accomplishing goal of a merger with a larger tissuebank within 4 years.Authored Standard Operating Procedures Manual, over 400 pages of detailed procedures toassure compliance with FDA standards, regulations and inspections.Prior position as Executive Vice President with Appleman Profit Systems, Inc. consulted with over 300 clientsto improve cost controls and operations, authored numerous articles on performance improvement. Supervisedteam of 5-10 contract specialists. Guaranteed return-on-investment to all clients of at least 15% in theiroperating costs or they would receive a 100% refund, with a record of zero refunds or adjustments. Show less