Sally Ball is a proven financial executive and a hands-on financial leader with twenty years experience working in both a large multi-national Corporation and an emerging public company. She served as Controller and Contracts Director at Harris Corporation’s Transcomm Division (formerly Air Traffic Control Division) and Chief Financial Officer and Controller at Exigent International, Inc.

As an accomplished Financial Executive with companies managing long-term projects with both government and commercial contracts, Ms. Ball effectively managed the Accounting and Financial functions including Accounting Services, taxes, project financial reporting, proposal generation, public (SEC) reporting, ERP system implementation, budgeting and planning, cash control, bank relationships, external audit relationships, negotiations of indirect rate proposals, investor relations, risk management and other operating organizations.

Through her experience with Exigent Ms. Ball:

  • Organized and prepared Company for sale by evaluating bankers, creating detailed strategic plan, leading due diligence team and presenting to prospective buyers. Resulted in successful sale yielding 137% premium over stock trading price.

  • Reduced reporting cycle by organizing team, setting milestones and implementing modifications in processing resulting in reduction in cycle from 30 days to less than 3 working days.

  • Implemented new Finance / HR system for a $35M company with 300 employees by organizing team, setting up schedule with milestones, delegating responsibilities and conducting semi-weekly status meetings resulting in completion within ninety day period, enabling more accessible information.

  • Chaired efforts to identify and choose new banking relationship by soliciting proposals, evaluating bank input, interviewing each prospective bank and negotiating terms resulting in increase in credit line of $3.2M or 178% over existing line and an improvement in terms.

  • Reversed decision of Nasdaq board by preparing and delivering presentation detailing steps taken in restructuring Company resulting in reversal of decision and raising listing from Bulletin Board to Small Cap Market thereby increasing investor community available to Company.

  • Restructured and organized Corporate support functions resulting in a streamlined staff with five fewer heads and a reduction in costs of $300K+.

  • Lead the Company through pay cycle as well as benefit changes by analyzing unique location requirements, implementing changes and communicating to all employees resulting in avoidance of potential problems with the Department of Labor in several states and a reduction in year end cash outlay of $250K.

  • Coordinated and negotiated closure of six years of indirect rates with the Government procurement office through developing package, discussing issues and reaching settlement agreements resulting in the ability to invoice government customer for $300 – 500K in cost and fees.

  • Moved company from a cash deficit to a cash surplus through developing detailed cash forecasting process, reviewing expected receipts and disbursements regularly and reviewing all requested expenditures for need and funding resulting in pay off of all debt, ~ $3.0M and reduction in interest rates of 0.5% within a two year period of time.

  • Participated in team evaluating potential acquisition and integrated acquired company into existing company within 90 days through structuring team, detailing milestones and tasks and coordinating all activities resulting in successful integration with no unhappy customers, vendors or employees.

Ms. Ball received her Bachelor’s Degree in Business Administration from the university of Kentucky in Lexington, Kentucky and her Master’s Degree in Business Administration from the University of Florida in Gainesville, Florida. She has continued her studies through continuing education in various topics including the specialized requirements related to the Software Industry.

 
 
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