David Sargent is an accomplished Senior Financial and Accounting Officer, and a proven Hands-on Operational Manager. He served as Vice-President of Finance for Intrepid Communications Corporation, a start-up, computer-networking company, and as Chief Financial Officer of various service and manufacturing focused companies.
As an accomplished Senior Financial Executive with over twenty-five years of experience and expanded responsibilities in operating management of government and private contracting and specialty staffing contracting businesses, Mr. Sargent has effectively managed the financial functions including accounting, tax, treasury, computer systems implementation, financial forecasting, bank and senior lender relationships, staff development and day to day operating responsibilities throughout the organizations.
Mr. Sargent’s recent experiences include the following:

• Restructured and organized corporate accounting systems,
• Created regular closing routines to provide badly needed timely operational financial information.
• Renovated and simplified accounting systems and procedures.
• Developed financial reporting systems which interfaced and budget models.
• Developed cost structure plans for new entity.
• Created cost accounting procedures in compliance with Federal Acquisition Regulations (FAR) and supervised incurred cost computations.
• Negotiated a $500,000 favorable insurance claim for Hurricane Hugo damage.
• Managed regular on-going debt agreements with banks.
• Managed and prepared detailed financial information required by asset based borrowing agreement necessary to support daily borrowings.
• Developed cash management procedures required by cyclical inventory, temporary technical manpower staffing and accounts receivable fluctuation.
• Negotiated financing programs for expansion.
• Established vendor credit deferred payment arrangements.
• Supported entrepreneurial business strategies,
  
• Supervised and participated in venture capital investment.
• Conducted major acquisition due diligence investigation.
• Participated in strategically positioning several companies for sale.
• Supported merger registration filings with the Securities and Exchange Commission (SEC).

Mr. Sargent received his Bachelors Degree in Accounting from the University of Toledo, Toledo, Ohio. He has since participated in continuing education programs covering technical matters, specialized industries, and management and recruiting. Mr. Sargent is involved in several professional organizations, including the Turn-Around Group of Central Florida and the American Institute of Certified Public Accountants.