Herb Davis Email & Phone Number

Ashburn, Va, Us

Ashburn, Va, Us

Centreville, Virginia, Us

Avenu provides local governments with software and solutions to accomplish their goals.

Centreville, Virginia, Us

Ownership of financial reporting and planning process, cash flow management and forecasting, and oversite of complex financial functions.

Dulles, Virginia, Us

Senior Director, Corporate Financial Planning and Analysis – Served in progressively responsible positions as Senior Director Corporate Financial Planning and Analysis, Senior Director Business Operations and Director Corporate Financial Planning and Analysis. Responsible for operational and corporate forecasting, budgeting, strategic planning, business analytics, and government compliance.• Retooled the Financial Planning and Analysis Department in 90 days to provide analytical and financial reporting cadence after the merger of Orbital Sciences Corporation and Alliant Techsystems Inc (ATK).• Implemented 3-year continuous planning process which improved the budgeting process by 30%.• Merged two divisions resulting in a $900 million division with a concurrent annual cost savings of $15.8 million.• Developed and coordinated multi-billion dollar operational and corporate annual strategic plans and budgets.• Created monthly operational monitoring process to achieve $300M consolidated profitability plans.• Monitored Key Performance Indicator (KPI) benchmarks to mitigate unfavorable trends.• Created complex sensitivity business analytics to determine the impact to consolidated revenue, profit and cash flow. • Developed internal controls in compliance with GAAP, FAR and CAS regulations using Deltek CostPoint.• Successfully defended financial reporting results with internal, external and DCAA auditors.• Developed in-depth financial presentations for Board of Director meetings.• Completed Management Discussion and Analysis (MDA) section for 10K and 10Q SEC submissions.• Collaborated with business units and corporate leaders to achieve budgeted financial performance.• Developed detailed analysis for banking partners to secure lines of credit of $1.4 billion.• Created business systems which produced Incurred Cost and Forward Pricing Rate Proposals

Finance Director – Scope of duties consisted of strategic planning, forecasting, budgeting, profit and loss management, cost control, accounts receivable, business analytics, and facility management for the Mid-Atlantic Region. • Created monthly dashboards to improved annual profitability by approximately 10% while simultaneously uncovering and rectifying purchasing practices in violation of company policy.• Improved days sales outstanding from 120 days to 70 days or 58%. • Developed line manager financial acumen training which increased revenues/profitability approximately 10% which was implemented in the United States and England.• Developed profit and loss analysis for professional service contracts and implemented solutions to mitigate risk.• Developed Key Performance Indicator (KPI) metrics to improve profitability.• Developed forecasting methodology to mitigate risk.• Created annual budget and actual vs budget analyses.• Improved accuracy of financial statements.

Senior Director Financial Planning and Analysis – Primary duties focused on establishing GTSI's financial planning and analysis department including the creation of budgets and rolling forecast, Profit and Loss analysis for government contracts, acquisitions and ongoing training of staff.• Implemented a four person Financial Planning and Analysis Team to develop strategic plans and budgets.• Improved gross margin from 8.3% to 10.7% by developing a customized three way profitably analysis based on customer, contract and manufacturer. • Revamped a failing commission payment system for 500 sales representatives in 90 days reducing turnover by 5%. • Developed financial reporting using Microsoft Access, Hyperion, and PeopleSoft NVision.• Completed complex business analysis to outsource customer service and warehouse operations.• Two time recipient of the Platinum Club Award for averting a collapse in the commission payment system and developing customer and contract Profit and Loss methodology.• Developed flat rate pricing for Government Services engagement proposals.• Presented financial results to senior executives, Board of Directors, and banking partners.• Implemented Hyperion EssBase and PeopleSoft Supply Chain modules.

Mba, International Business

Bs, Accounting