David Klvac's Email Addresses & Phone Numbers

📖 Summary

Financial Reporting Analyst @ Cirrus Logic From 2000 to 2000 (less than a year) Experienced Senior @ Arthur Andersen From 1997 to 2000 (3 years) CFO, CRO & Sole Manager @ EmKey Companies, LLC Hired as CFO to assist with growth through acquisition. Ended up working with the secured and unsecured creditors groups to facilitate an orderly 363 liquidation sale under Chapter 11. Completed in October 2016. From July 2015 to October 2016 (1 year 4 months) Dallas, TexasChief Accounting Officer @ PostRock Energy Corporation From February 2009 to November 2011 (2 years 10 months) Senior @ Deloitte & Touche From 1997 to 2000 (3 years) Pitcher @ Boston Red Sox From October 1990 to April 1995 (4 years 7 months) Florida, Virginia, Rhode IslandConsulting Chief Financial Officer @ GoFrac, LLC & McClinton Energy Group, LLC Hired to lead transformation of accounting/finance team and lead financing for growth in preparation for an IPO at GoFrac and to relocate corporate office from Midland to Grand Prairie while completing refinance for McClinton. Notable Accomplishments:• Negotiated and closed $80M leasing facility to increase fleet size from five to eight frac fleets and $15MM lease facility for frac stacks and coil tubing equipment• Led update of CRM system to more accurately estimate job costs and margins in proposals • Developing UP-C IPO structure, marketing strategy and timeline • Opened, furnished and fully staffed Grand Prairie, TX back office consisting of 20 finance and accounting FTEs in two months as part of corporate strategy to move from Midland, TX• Developed comprehensive three statement cash flow and acquisition proforma model• Negotiated and closed of $30MM asset backed lending facility and $7.5MM draw to term capital equipment loan From January 2014 to January 2015 (1 year 1 month) DFW Metroplex, TexasChief Financial Officer @ PostRock Energy Corporation Starting as a consultant, hired as Corporate Controller and promoted to Chief Accounting Officer during first year. Promoted to CFO in November 2011, 14 months after White Deer Equity investment in 2010. Currently oversee Accounting, Business Process Optimization, Human Resources, Investor Relations, IT and Purchasing. • Led corporate overhead reorganization resulting in 43% reduction in G&A costs from 2009 to 2011.• Led field reorganization resulting in 15% reduction in operating costs from 2009 to 2011. • Successfully negotiated a $120M borrowing base with a $57M stretch component to a total of $177M during 2012.• Led the closing of $60M of private equity financing, $350M credit facility, $15M secured term loan, $43.5M secured financing in spite of the company being out of compliance with debt covenants for over 2 years. • Leveraged tax experience to save $1M annually by simplifying corporate structure from 20+ entities to 7. • Created management report, dashboards, KPI’s and monthly meetings with field leaders to support accountability and data transparency throughout key operations. Established procedures to be SOX compliant. • Led HR group through a Voluntary Compliance Plan with the IRS to resolve historical errors; evaluated and improved employee benefits to attract and retain quality employees and led the LTIP implementation. From November 2011 to January 2014 (2 years 3 months) Oklahoma City, OklahomaVP, Corporate Controller & Chief Accounting Officer @ Tronox Incorporated • Responsible for corporate tax, budget and forecast, operations analysis, domestic transactional accounting, financial reporting, SOX, international statutory and U.S. GAAP reporting. Managed 86 reports across 9 locations.• Changed European organizational structure and delivered annual cash tax savings of ~$8M.• Revamped accounting organization, cross-trained staff and eliminated 20 FTE saving $3M annually.• Aligned internal business requirements and external reporting needs to streamline SOX and reporting processes. From 2007 to 2008 (1 year) Assistant Corporate Controller @ Smithfield Foods • Responsible for all internal/external financial reporting, M&A accounting activity, SOX, international statutory, U.S. GAAP reporting, and SFAS 133 accounting for approximately 60,000 commodity contracts annually.• Managed 5 direct and 20 indirect staff globally, including CFOs of subsidiaries. Functioned as Controller for entities ranging from biodiesel production to hog marketing with revenues up to $120M. • Slashed month-end cycle by 50%. Introduced new hedging activities processes that eliminated errors. • Led due diligence, valuations, SEC reporting, pro-forma preparation and integration of systems and staff for numerous acquisitions including Standard Farms ($1B) and ConAgra Fresh Meats LOB ($500M). • Managed European debt offering for Sara Lee Foods Europe ($600M). From 2004 to 2007 (3 years) Manager - External Financial Reporting @ MidAmerican Energy Holdings Company • Accountable for all M&A support and SEC reporting for 6 public entities. Oversaw 5 Controllers. • Led multiple private and registered offerings ranging from $275M to $836M. • Participated in private placement of $450M, 7-year 3.5% senior notes. Completed offering in 5 days. • Participated in private placement of $836M, 15-year 4.893% senior notes. Reduced quarterly filings from 45 days to 30. From December 2002 to March 2004 (1 year 4 months) Financial Reporting Manager @ Universal Compression • Quickly promoted from External Reporting Manager to Controller in charge of international accounting in 9 countries and approximately 20 entities. Promoted again to assume additional duties as External Reporting and Planning Manager with full oversight of SEC filings (3 entities), budgeting, and Hart-Scott-Rodino reporting. • Prepared three offering memoranda and registration statements for $530M of bonds and secondary offering. • Consolidated 23 offices accounting into 1. Led ERP system implementation. Shortened closing from 21 days to 8. • Assisted with the closing of the $400M acquisition of Weatherford Global Compression Services. From 2000 to 2002 (2 years) President @ Quanah Panhandle, LLC Private equity backed E&P with operations in the Texas Panhandle. Dallas/Fort Worth Area