CONSULTANT PROFILE


DARNLEY W. HOWARD
135 Pleasant Street #32
Arlington, MA  02476-8163
781/648-7629
Advansa@yahoo.com

SUMMARY


 

Finance professional with broad based experience and accomplishments in financial analysis, business planning, asset valuation, and due diligence.  Significant international financial experience in emerging markets, international treasury, public offerings, new business development, foreign exchange, and inter-company financing.


EXPERIENCE


 
PRIVATE CONSULTANT            1998-Present
Providing financial and managerial support for small businesses, Trade and
Investment projects and early stage companies.

 

Small business technical assistance consultant, Department of Neighborhood Development, City of Boston (2004-Present)  
Prepared business plans for early stage companies including restatement of historical financial data and preparation of pro forma financial statements.

• Prepared business plans for Boston small businesses
• Restated clients’ historical financials
• Prepared pro forma financial statements
• Designed growth strategy for flame retardant materials company in order to prepare company to attract external financing
• Arranged loan financing for two companies totaling $150,000, from private and quasi-public lenders


Chief Financial Officer for early stage B2B and B2C e-commerce company targeting emerging markets  (1999-Present)
Creating financial infrastructure for company with projected 2006 revenue of $1.5 million.  Provided consultation on contracts and other agreements.

• Installed Quickbooks financial system including budget, check register, and chart of accounts
 
• Created Excel-based financial model for new e-learning and business process outsourcing businesses

• Developing market-entry strategies for Brazil, South Africa, Nigeria, Ghana, Uganda, and Costa Rica


Privatization Projects, Accra, Ghana (1999-Present)

• Conducted valuation analyses as well as advice and guidance on share flotation strategies for companies with more than $300 million in total revenue.

• Developed (with Ghanaian colleagues) a cost of capital model based on CAPM principles tailored for Ghanaian deals.


ABT ASSOCIATES Cambridge, MA        1994-1998  
Senior Financial Analyst
Assistant to chief financial officer for $110 million consulting firm.  Projects lead include budget rollup of business units, tax returns of non-profit subsidiary, company valuation, and fixed asset accounting.

• Conducted due diligence audit for major real estate lender, including detailed review of rent rolls, ledgers and trial balances for commercial real estate properties.

• Prepared pro forma financial statements for Russian telecommunications company.  This assignment required modeling the business, creating pro forma cash flow and income statements, and proposing a corporate structure to manage the risks faced by its U.S. supplier.

• Introduced company to leading Ghanaian consulting firm, creating access to West African markets, resulting in $1.5 million in new business for the firm.

• Conducted physical inventory of rented computers at Chicago office.  Provided solution to inventory control problem resulting in $20,000 in annual savings.


STATE STREET BANK, Boston, MA 1993-1994
3 month contract
Analyst, Capital Market Operations
Assisted preparation of new securities accounting system; reconciled balances in trading and customer records.

DIGITAL EQUIPMENT CORPORATION, Maynard, MA 1987-1992
Financial Analyst, Financial Management Center
Ledger Accountant, General international Area
Treasury Consultant, International Treasury Planning
Provided research, analysis and proposal development for issues related to the legal and capital structure of the corporation's international subsidiaries.  Contributed to the development of new approaches to subsidiary financing.

• Arranged over $200 million of financing for 15 subsidiaries, working closely with regional treasury and the tax organization.
• Completed three month assignment at European Headquarters.  Contributed to the timely completion of the European finance planning cycle.
• Managed $400 million inter-company loan program, which required balancing the needs of the corporation, the subsidiary and the corporation's lead banks.
• Invested short term instruments during cash management assignment for Puerto Rico manufacturing
• Resolved lease vs. buy issues for various real estate projects.  Provided analysis significantly impacting Digital's approach to real estate acquisition.


XEROX CORPORATION, Rochester, NY 1984-1987
Financial Analyst, Reprographic Manufacturing Group Cost Accounting

• Foreign exchange manager for manufacturing division. 
• Supervised setting of standard costs of component parts.
• Assisted in development of operating plan for materials management.
 

DEAK PERERA SOUTHEAST, INC, Washington, DC 1982-1984
Account Executive 
Responsible for sales of precious metals investments and foreign currency products to investors.  Managed accounts exceeding $2.5 million.


EDUCATION


 

UNIVERSITY OF CHICAGO, GRADUATE SCHOOL OF BUSINESS, Chicago, IL  1984
Master of Business Administration
Concentrations in Finance and International Business
Honorable mention for paper on Islamic banking system, 1984 Chicago World Trade Conference

UNIVERSITY OF PENNSYLVANIA, WHARTON SCHOOL OF FINANCE, Philadelphia, PA 1980
Bachelor of Science, Economics
Majors in Finance, Multinational Enterprise


SOFTWARE AND LANGUAGE SKILLS


 

Fluent in Spanish; reading knowledge of Portuguese
Accounting software experience:  Quickbooks, SAP, Deltek

BOARDS OF DIRECTORS


 

EMOS CONSULTANCY, LTD., Accra, Ghana 1996 – Present
Founding Director; Provided strategic guidance and access to international resources

SPORTSMEN’S TENNIS CLUB, Boston, MA 1995 – Present
As Board Treasurer, developed annual budget; responsible for maintaining accounting controls; training and assisting staff in financial management; management of relationship with auditor