Michael Purvis

About Michael Purvis

p••••••••@yahoo.com91••••••63GOAL Manager/Director/Controller leading and building an atmosphere of team players to produce (affect) increased revenue and streamlined savingsACCOMPLISHMENTS Functional Excellence – public, private equity groups and family owed business $25 to $95mil/yr directing accounting staff and full spectrum of accounting functions for multiple companies in various industriesAP – reduced unmatched receiver from 6 to < 2 days, 100% discount capture ($400K/yr gain), established procurement program earning over $400k/yr in cash and increased DPO 18 to 40 days, increase discounts, coop dollars and volume rebatesAR/Collection – slashed past due from 52% to 15%, DSO and days delinquent 38 to 8 days, implementation of controlled collection matrix, electronic invoicing and automated payment receipt conversion increasing functional efficiency by 94% and reducing annual costs by $75kRisk Mitigation – implemented credit analysis, reduced debt (annual average of.0027%), creating and negotiating promissory notes while continuing business partnershipForensic Accounting, Audit and Controls – worked with auditors/attorneys/consultants through SEC investigation and bankruptcies; state tax auditors; extensive internal audits discovering extensive fraud recovering $500kGeneral Ledger – set up/reconciled accounts monthly reconciliation along with reviews for all LLCs and divisionsEfficiencies – established highest efficiency possible within existing business parameters by creating, documenting, implementing and managing procedures, policies and guidelinesRevenue Generation – maximized vendor rebate/coop by over $1mil/yr, reduced DSO and increased DPO, extended cash outlay through procurement card an average of 45 days ($400K cash gain), streamlining/outsourcing ($75K gains)Business Operation – managed consigned inventory ($60mil), implemented return inventory and invoicing process to include costing/gross margin analysis

Experience

1. Controller - Senior Executive Team

   Arch Medical Solutions

   Jul 2023 — Present

Education

• Christian Bible College and Seminary

  DMin, Ministry

  2001 — 2010

• Troy University

  MS

  1993 — 1995

• Union University

  MBA, Business

  2008 — 2010

• Valdosta State University

  BS

  1989 — 1992

Skills

• Journal Entries
• Reconciliations
• General Ledger
• Accounts Payable
• Accounts Receivable
• Internal Controls
• Jd Edwards
• Invoicing
• Monthly Closing
• Account Reconciliation
• Reconciling
• Accruals
• Great Plains
• Monthly Close
• Performance Metrics
• Excel
• Collections Management
• Outsourcing Management
• Lockbox
• Promissory Notes
• Procurement Card Program
• Bpo
• Relationship Management
• Credit Risk
• Credit Scoring
• Dnb
• Education and Training
• Workflow Optimization
• Paperless Office
• Microsoft Excel
• Great Plains Software
• Cash Management
• Training
• Management
• Accounting
• Forecasting
• Recruiting
• Budgets
• Inventory Management
• Strategic Planning