David Adelson Email & Phone Number

New York, Ny, Us

Hoffman Estates, Il, Us

Served as the primary finance business partner for the e-commerce division, with responsibilities expanded to include company-wide marketing initiatives• Supported the executive management team with strategic insights and led the monthly forecasting and annual budgeting processes• Improved budget accuracy for marketing by ensuring the team understood the timing of pre-paid expenses; reduced monthly spending overruns from $200K-$500K down to within $50K per period• Worked with accounting on end-of-month accruals, reconciling actuals and facilitating month-end close for the e-commerce department. Reorganized budget by vendor, providing clarity and improving budget accuracy by 30%

Abingdon, Oxfordshire, Gb

Served as the primary finance business partner to the IT department at a PE-backed UK-based cybersecurity company. Responsibilities included managing the operating and capital expense budgets for IT and CIS, and collaborating closely with Financial Reporting teams to analyze and communicate actual financial results, as well as variances from planned and forecasted figures• Prepared and presented monthly review materials for discussions with the VP of Finance, Senior Management Team, CFO, and CIO, ensuring strategic financial insights were effectively shared with key stakeholders• Simplified and streamlined reporting to provide clarity to IT staff; changes led to a 20% increase in budget accuracy and saved the IT team 15 to 20 hours per week in reconciliation work• Received FP&A Quarterly Achievement Award for improvements that resulted from this work

San Francisco, Ca, Us

Served as the primary financial partner to the VP and directors for three engineering business units: Subscriber Platform Group, Business Models and Pricing, and Digital Business Platforms• Managed and directed analysts in overseeing the day-to-day financial operations of all three business units• Led long-term financial planning and spend forecasting; oversaw combined annual budget of more than $100M• Built detailed seven-year financial model to forecast long-range capital and operating expenses for large-scale project to modernize finance systems; collaborated with accounting on capitalization treatment, created presentations that provided spend visibility to CFO and executive staff

San Francisco, Ca, Us

Managed expenses for Global Marketing and Digital eCommerce teams, including $40M in annual variable spend and 300+ HC. Partnered with VP and Directors on strategy, and supported business leaders on ad-hoc financial analyses and long-term planning• Landed budget within 1% each quarter; cut T&E expenses over 20% YoY• Expanded role by creating report on progress of subscription growth as company transitioned from perpetual license business model to subscription-based model. Drove reporting on AutoCAD and AutoCAD LT performance to executive team, providing detail on metrics such as annualized recurring revenue, subscription volume, renewal rates, and billings• Provided financial leadership and decision-making for newly formed Marketing Ops team, owning end-to-end spend planning and implementing process improvements as the business unit matured

San Francisco, Ca, Us

Managed a $1B P&L for Old Navy Online, consolidating expense data, providing monthly forecast reports, and contributing to budgeting and long-range planning. Led financial operations for Old Navy Japan during a period of rapid growth, coached the in-country manager, and oversaw responsibility transitions. Initiated and developed P&L reporting for Old Navy Franchise, streamlining processes and transitioning to a full-time manager• Oversaw expense line items for gift cards, CRM, sales deferral, sales return allowance, and tender fees, ensuring accurate monthly projections through cross-functional collaboration• Evaluated efficacy of Ship from Store program; informed executive leadership of impact of program on divisional earnings and various expense lines on online P&L• Created and developed variable models for ON Online and Japan to understand impact of variances in sales and margin on expense lines

Columbus, Ohio, Us

Drove projects on financial analysis of individual store performance of over 1,600 stores in Bath & Body Works’ fleet. Ran real estate transaction review meetings with executive staff and center Real Estate team; organized financial reviews of proposed new stores and remodels• Influenced executive leadership by identifying candidates for store closures, resulted in forecast changes for over 30 stores throughout fleet• Selected to serve as Mentor to analyst in finance rotation program; instructed and cross-trained analyst• Developed quarterly deck that breaks down P&L to store level and evaluates store performance by region and format; presented materials to COO and CFO of sub-brand; won Raising the Bar award• Drove business results through several ad-hoc projects, including analysis of impact of mobile point-of-sale devices in stores; influenced introduction of new MPOS units in over 200 stores

Columbus, Oh, Us

• Conducted in-depth financial analysis of procurement of temporary spaces in malls; presented recommendations to CFO• Analyzed sales lift from remodeling and/or refreshing stores; led to change Age of Fleet initiative allocating funds toward refurbishment and modernization of stores• Ran store test for Dark Kiss, Signature Collection fragrance that launched in Fall 2010

Master Of Business Administration (Mba), Finance, General

Bachelor Of Arts (Ab), Economics

Classes Taken: Data Manipulation, Math Methods, Data Mining, Sql & Databases