Jack R.

Duckworth, CPA
45571 Irvine Drive
Novi, MI 48374
Home Phone (248) 374-2199
Cell Phone (248) 697-1422
E-mail jda288fe@westpost.net

Summary

Experienced business executive with proven record of developing and mentoring st

rong support teams and delivering solid financial improvements in Finance, Accou
nting and Operations. Attributes include:

* Development and Execution of Operational and Financial Strategies

* Management of activities at multiple locations
* Management of financial, tax, insurance, and operational audits
* Demonstrated ability to work with all levels of personnel in all departments
* Implementation of new enterprise systems
* Experience with acquisitions and related due diligence
* Certified Public Accountant (1989)
* Strong internal and external customer relationships
* Solid understanding of business activities in a variety of industries

Over 20 years experience in business management positions in which I have demons

trated strong and consistent leadership and mentoring. I have experience with c
ompanies ranging from start ups to multi-nationals with both private and public
ownership. I have the ability to set strategic objectives and assist in the pri
oritization of initiatives to achieve company goals. I operate with the belief
that the accounting and finance segment of any organization must maintain a high
degree of integrity and be involved in every aspect of the business in order to
achieve Company objectives. My goal is to be an integral part of a growing com
pany that values the "team" concept and all of its members.

JACK R. DUCKWORTH, CPA

EXPERIENCE Azentek, LLC - Grand Blanc, MI
2008 - 2010 Chief Financial Officer
Manufacturing and Engineering start-up venture poised to introduce the worlds fi
rst auto-grade in-vehicle PC and infotainment systems to the market.
* Establish and maintain accounting and operational policies and procedures whic
h result in accurate financial reporting as well as integrity in our communicati
on with customers and suppliers.
* Identification and follow up on possible funding sources for the company. Pot
ential funding sources have included financial institutions, venture capital fir
ms, angel investors, and state and local governmental agencies. Activities incl
ude identifying and establishing initial contacts with potential sources, arrang
ing meetings and demonstrations, providing financial information, and responding
to all financial requests. Additionally, established, maintained, and updated
due diligence information as requested by potential funding sources.
* Risk management, including annual insurance renewals and securing new forms of
coverage to meet the needs of a rapidly expanding global company.
* Treasury management, including maintenance of existing banking relations and e
stablishing and maintaining new contacts while in search of appropriate funding
sources.
* Preparation and presentation of 5 year business plans to potential funding sou
rces. Plans incorporated bringing several new products to market, relocating fa
cilities, and many other facets of a dynamic global company.

Atlas Oil Company - Taylor, MI

2004 - 2008 Corporate Controller
Michigan's largest independent wholesaler of commercial and retail fuels, with a
nnual sales of approximately $1.0 billion and 170 employees. Activities of affi
liates include real estate ownership/divesture, multi-state transportation and s
upply management.
* Establish and maintain accounting policies and procedures which result in accu
rate financial statements produced on a timely basis as well as integrity in ou
r communications to banks, suppliers, and vendors. Analysis of financials resul
ted in changing in processes for more efficient operations. Management of appro
ximately 10 accounting and clerical staff.
* Strategic planning for 1, 3 and 5 year plans incorporating changing market con
ditions and sales goals. Budgeting necessary to achieve plan and the mechanisms
to achieve goals. All aspects of operations included in plan.
* Treasury management including maintenance of banking relations, monthly/quarte
rly compliance reporting, implementation of new initiatives, and securing off ba
lance sheet financing for newly acquired assets. Key player in organizing banki
ng consortium and restructuring over $60 million in debt.
* Risk management, including annual commercial insurance renewals and exploratio
n of possible alternative forms of coverage. Implementation of risk mitigation
strategies key in reducing annual premiums by more than $300K annually.
* Organizing and directing annual audit functions. Activities include quantific
ation of areas with potential exposure and strategies for reduction of risk. Au
dits completed within 90 days of year end with no material audit adjustments. R
educed audit fees $100K annually.
* Extensive work during acquisition of a close competitor. Efforts involved ana
lysis of historical financials, scrutinizing supporting documentation during the
due diligence phase, and post-acquisition analysis comparing actual results aga
inst projections.
* Technical lead on successful conversion of accounting and operational software
programs. Implementation has resulted in streamlined invoicing process helping
to increase collections and improve cash flow.

Utica Enterprises, Inc. - Shelby Twp., MI

1998 - 2004 Controller
Manufacturing and engineering concern providing services and products to OEM's a
nd Tier 1 suppliers. Responsible for the day to day financial activity of the
parent corporation and its 20 subsidiaries. Annual sales of $150 million with a
pproximately 500 (union and non -union) employees. Reported directly to owner.
* Monthly/annual financial reporting for the consolidated group as well as filin
gs with governmental and regulatory agencies.
* Directed all accounting, human resource, and MIS activity, having direct super
visory responsibility of 22 people on a daily basis.
* Organized and directed annual audit activity, renewal of annual insurance poli
cies, treasury management, secured capital asset financing, and interaction with
corporate attorneys.
* Project manager of successful software conversion for entire group of companie
s. Completed on time and under budget.
* Directed due diligence work on five corporate acquisitions during a 4 year per
iod. Acquisitions were valued at $50 million.
Air Industry Systems, Inc. - Wixom, MI
1994 - 1998 Controller/Treasurer
Local subsidiary of Air Industrie Systemes, reported directly to the president.
During 4 year period managed growth from start up to $90 million annual sales.

* Monthly/annual reporting of all North American unit activity to European paren

t company. Units were located in the U.S and Mexico.
* Directing all accounting, purchasing, and MIS activity, ensuring that corporat
e policies and budgets were adhered to.
* Development and preparation of annual corporate budgets for both U.S. and Mexi
co units. The budgeting incorporated projects, overhead, and capital expenditur
es.
* Development and preparation of long-term financial forecasts with proposed cap
ital expenditures including financial justifications for the items identified in
the budget.
* Coordinating and overseeing the annual audit process insuring a timely and cos
t effective audit.
EDUCATION Master of Business Administration, December 1990
Concentration in Finance, Wayne State University
Bachelor of Business Administration, December 1986
Concentration in Accounting Information Systems, Eastern Michigan Universit
y