Jeff Devaney Email & Phone Number

Stamford, CT

• Key member of the executive team actively involved in strategic business planning. Oversee all general accounting, SEC filings internal financial reporting, federal and state tax compliance, budgeting, and forecasting.
• Instrumental in catapulting annual revenue from $2 million to $14.9 million on a software as a service revenue model. Championed a product launch pricing strategy that resulted in improved market penetration..
• Collaborate with executive team to develop long- and short-term business objectives, including strategic decisions regarding product development, sales goals, customer service objectives, and the progress of.
• Coordinated a $4.3 million securities purchase agreement and a debt conversion agreement of $5.7 million to reduce the company’s outstanding debt by $10.0 million.
• Direct the sales force in the development of sales proposals and pricing agreements. Negotiate major client contracts in consultation with outside counsel.
• Effectively managed cash flow, minimizing the need for additional funding and accommodating dramatic growth of business.

Milford, CT

• Recruited as a member of the new management team charged with transforming a $3 million privately held advertising agency into web based provider of professional marketing services. Managed the preparation of financial.
• Developed a five-year business model, which served as the basis for executive presentations to venture capitalists. Designed an on-demand pricing model, a structure for corporate reorganization, and a marketing.
• Contributed to firm ranking as one of the CT Technology 50 Fastest Growing Companies.

Fairfield, CT

• Initially hired by SageMaker, Inc., a small portal software company, to prepare business for IPO. Rapidly adapted to new responsibilities when business was acquired by Divine, a $300 million publically held technology.
• Upgraded the internal and external financial reporting functions, and integrated financial reporting systems of two new corporate acquisitions. Developed an international transfer pricing tax strategy for overseas.
• Served on the due diligence team for the purchase of a $400 million public company. Managed financial diligence and integration planning for an $80 million public company acquired by Divine.

Shelton, CT

• Directed the general accounting and financial reporting of a worldwide provider of interactive software solutions and consulting services. Oversaw the consolidation of domestic and foreign subsidiaries financial.
• Built Accounting Department from 4 to 12 employees to support company’s growth from $18.3 to $49 million in annual revenue.
• Implemented new accounting systems and developed controls needed for a public company. Developed financial elements of S-1 filing, resulting in successful $32 million IPO.