David C. Jorgensen, CPA
Summary
Successful financial and operational executive with over 30 years of experience in domestic and international organizations. Varied industry experience includes Telecom (Wireline, CLEC and Wireless), Health Care, Private Equity, Consulting/Education and Food. An integral member of senior leadership teams for six start-up entities, four of which resulted in cash exits. Diversified experience in corporate governance, investor negotiations/relations, growth funding through equity and bank facilities, and organic/acquisition growth strategies. Proven ability to lead finance/accounting departments and drive performance to achieve strategic and operational objectives is grounded on the sound foundation of experience, technical knowledge and empowering employees.
Overview
32
32
years of professional experience
Work History
Chief Financial Officer
Spa Creek Health, LLC
08.2016 - 05.2019
- Oversaw budgets, payroll, and accounts payable and receivable.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
- Conducted detailed analysis of company financial information and oversaw preparation of related reports.
Controller
Mallinckrodt Pharmaceuticals (formerly Therakos)
07.2013 - 07.2016
- Completed journal entries, reconciliations, and account analysis to facilitate month-end close.
- Prepared consolidated balance sheets, cash flow reports and income statements.
- Coordinated timely completion of year-end external financial audits.
- Integral member of the implementation team for Microsoft Dynamics AX back-office and accounting system with focus on Accounts Payable and Inventory cycles.
Consultant
Resources Global Professionals
09.2012 - 06.2013
- Analyzed problematic areas to provide recommendations and solutions.
- Delivered outstanding service to clients to maintain and extend relationship for future business opportunities.
- Created and developed detailed work plans to meet business priorities and deadlines.
Chief Financial Officer
Gatehouse Ventures, LP
11.2007 - 08.2012
- Directed the negotiation, due diligence and financial integration for three bakery acquisitions.
- Participated in fund raising campaigns to supply acquisition and working capital through equity investment and bank financing.
- Implemented Sage MAS 500 multi-company accounting platform with FRX reporting module.
- Created month-end closing procedures and reporting package for the consolidated entity and each portfolio company, identifying key areas of additional reporting needs.
Executive Vice President, CFO and Treasurer
Lightship Telecom, LLC
07.2001 - 03.2004
Vice President of Finance, Corporate Controller
Triton Cellular Partners, L.P.
10.1998 - 06.2000
Vice Chairman of the Board of Directors, CFO
EuroTel Bratislava A,s,
07.1996 - 10.1998
Manager, Internal Audit Unregulated Subsidiaries
Bell Atlantic Corporation
05.1990 - 05.1996
Senior Accountant – Audit Services
Deloitte & Touche
07.1987 - 05.1990
Education
Bachelor of Science - Accounting
Villanova University
Villanova, PASkills
- Corporate Governance
- Covenant Compliance
- Strategic Financial Planning and Budget Development
- Consolidated Financial Statements
- Banking and Cash Management
- Revenue Assurance
- Forensic Accounting
- Business Process Improvement
- M&A Negotiations and Due Diligence
- Internal Accounting Controls
Timeline
Chief Financial Officer
Spa Creek Health, LLC
08.2016 - 05.2019
Controller
Mallinckrodt Pharmaceuticals (formerly Therakos)
07.2013 - 07.2016
Consultant
Resources Global Professionals
09.2012 - 06.2013
Chief Financial Officer
Gatehouse Ventures, LP
11.2007 - 08.2012
Executive Vice President, CFO and Treasurer
Lightship Telecom, LLC
07.2001 - 03.2004
Vice President of Finance, Corporate Controller
Triton Cellular Partners, L.P.
10.1998 - 06.2000
Vice Chairman of the Board of Directors, CFO
EuroTel Bratislava A,s,
07.1996 - 10.1998
Manager, Internal Audit Unregulated Subsidiaries
Bell Atlantic Corporation
05.1990 - 05.1996
Senior Accountant – Audit Services
Deloitte & Touche
07.1987 - 05.1990
Bachelor of Science - Accounting
Villanova University