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Finance executive with 20 years of progressive experience managing corporate change and turnaround situations. Background in international agriculture, manufacturing and distribution with focus on process improvement, compliance and regulatory areas.
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Director Of FinanceResourced May 2023 - PresentRemote, Us -
Fractional CfoResourced Sep 2022 - PresentRemote, UsResourced Inc., a non-profit organization to support program implementation needs of agricultural and social impact development donors worldwide.• Direct the transition of full-cycle accounting function from external entity to internal management.• Develop internal controls and financial reporting to support donor reporting.• Responsible for HR, local labor compliance (Africa), external audit oversight. -
Chief Financial OfficerAhern Agribusiness, Inc. Sep 2021 - Sep 2022San Diego, California, UsSupport private equity acquisition of $120 million Mexico vegetable seed distributor.• Work with external auditor (Crowe LP) to assure financial reporting accuracy.• Managed IT in order to implement controls to validate ERP (SAP) costing. • Placed $30M credit facility to underwrite Mexico AR and Inventory. -
Chief Financial OfficerSustainable Harvest Coffee Importers Sep 2016 - Sep 2021Seattle, Washington, UsFull cycle accounting and financial reporting for $60 million B Corp with direct fair trade & organic imports from over 20 countries.• Supported revenue growth of 60% and Net Income improvement from breakeven to +$500K per year.• Oversaw transition from cash flow to fair value hedge accounting (coffee and currency) with inventory and forward positions marked-to-market. Implemented outside auditor change (from regional to national firm).• Placement of $15.0M bank facility producing $150K annual cost of capital reduction. • Managed acquisition and integration of UK subsidiary.• Responsible for all HR functions for US and foreign entities.• Support “Origin” staff and suppliers to strengthen competitive position and relationships. -
PartnerCrown Companies Sa De Cv Aug 2008 - Aug 2016Founded company for the sale and distribution of gourmet “Dulce de Leche” candy. • Development and design of packaging to reposition a regional product into a high-end confection with extended shelf life. • Selected by Mexican Export Agency (SAGARPA) as a Top Ten MexBest item. • Secured Mexican government financing from PROMEXICO and commercial support from SAGARPA.• Obtained all FDA and third party (AIB) Food Safety certifications, including HACCP implementation and lab testing programs in both the US and Mexico.• Coordinated all logistics and customs entry and compliance for the US and Mexico.• Responsible for all US and Mexico accounting and tax reporting.
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Director Of Finance & OperationsThe Perimeter Group Jul 2004 - Nov 2008Finance and Operations lead executive for $25 million frozen vegetable business. • Oversaw Production Planning of IQF facility in Aguascalientes Mexico.• Principal liaison between shareholders and outside auditors. • Responsible for banking relationship. Daily review of loan collateral basis and development of cash management system with focus on working capital reduction initiatives.• Implemented Working Capital facility with Wells Fargo Bank.
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Regional Controller, Latin AmericaThermo Fisher Scientific Jul 2001 - Jun 2004Waltham, Ma, UsLead Finance Executive for $35 million division providing scientific products with a premier global brand. • Served as interim General Manager for 10 months with oversight of 18 Customer Service staff.• Focus on financial integrity and definition of strategic initiatives to grow sales and profitability. • Developed mapping between reporting systems (Oracle / Hyperion) to assure financial statement integrity. • Complete restructure of Mexico Division resulting in the closure of 10 offices and workforce reduction of 40%. • Additional 15% of positions were turned over with focus on human capital improvement. • Oversight of HR Department to define severance guidelines and employee retention programs.• Responsible for IT Department with accounting systems (Compac) implementation.• Reconciliation of differences between US GAAP and IFRS. -
Plant ControllerRockwell Automation Jan 1997 - Jun 2001Milwaukee, Wi, UsSenior Mexico Finance Executive for $15 million Power Systems Division, with production and resale of Dodge Mechanical and Reliance Electric products. • Transition of product line manufacture from US to Mexico with delivery of projected 3.0M annual cost savings. • Doubled Mexico operating results during first year through improved profitability and successful product launches. • Implementation of ERP system to integrate accounting with sales, standard costing, purchasing, inventory and financial reporting functions. Redundant data entry eliminated and Finance staff reduced by 30%. • Achieved highest Rockwell internal audit rating in plant history.
David Betts Skills
David Betts Education Details
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Thunderbird School Of Global ManagementInternational Business -
Trinity College-HartfordEconomics -
The Bishop'S School, La Jolla, CaHigh School
Frequently Asked Questions about David Betts
What company does David Betts work for?
David Betts works for Resourced
What is David Betts's role at the current company?
David Betts's current role is Non-Profit Director of Finance.
What is David Betts's email address?
David Betts's email address is da****@****est.com
What schools did David Betts attend?
David Betts attended Thunderbird School Of Global Management, Trinity College-Hartford, The Bishop's School, La Jolla, Ca.
What skills is David Betts known for?
David Betts has skills like Process Improvement, Business Strategy, Forecasting, Financial Analysis, Mergers And Acquisitions, Strategy, Strategic Planning, Leadership, Mergers.
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