David Franco Email & Phone Number

San Diego, Ca, Us

Seattle, Wa, Us

Partnered with Vulcan CEO and Paul Allen leading a team driving all Finance and Facilities functions, including planning & analysis, reporting, business intelligence, accounting, financial systems and tax for a double digit $B portfolio of investments and operating companies.• Created first-ever coordinated strategic performance and long-term portfolio review with all key leaders including Paul Allen, CEO, CIO, CREO and CFO.• Created first ever multi-year planning cycles to create continuity and provide a reliable picture of long-term needs and facilitate discussion of portfolio asset mix and required ROI and cash inflows.• Transformed Finance function with use of technology to enhance business partner support and customized financial reporting to support the development of key short- and long-term metrics to guide spend and recommend $B asset sales to support philanthropic initiatives.

Partnered with brand Presidents and CEO leading a Finance team to drive analytics and improve financial performance. Led teams in CA and WA responsible planning & analysis, reporting, business intelligence, accounting, financial systems, SOX compliance and tax for a double digit $B portfolio of cruise ships and hotel properties.• Drove profit improvement opportunities through benchmarking, product review, and operational effectiveness studies, including an ~$100M+ savings program in 2017.• Responsible for driving the merger of 2 disparate teams in WA and CA into a single group using consistent practices and development of roles that allowed for the tasks to be managed by subject matter experts vs. generalists, including a high proportion of cross-trained staff.• Developed analytical support leading to the approval of new ship acquisitions for each of the brands, expanded capital investment in a brand with lagging improvements and significant expansion in Asia – all resulting in improved profitability of up to 20%.

Santa Clarita, California, Us

Led a team responsible for supporting business partners with analytical & decision-making efforts, financial planning process/system and internal & external reporting.• Improved forecast accuracy 10% - 20% by supporting business partners with enhanced financial reporting and clear communication of financial drivers for the non-accountant.• Drove key initiative reviews for investment and/or different deployment of ships, including expansion into Asia, serving as the key point of contact with business partners to ensure sound financial decisions.

Santa Clarita, California, Us

Led a team responsible for providing insightful, accurate and timely accounting/reporting, including ownership of AP, AR & General Ledger functions, Cash Ops, SOX compliance and Oracle. Key point of contact with internal and external auditors, responsible for ensuring results are fairly stated and policies are appropriate and complied with.• Decreased monthly close cycle and delivery of detail financial reporting by 25%, volume of SOX controls/testing by 20% while ensuring no additional risk and volume of inventory variances by 20% through focused training with operators.• Initiated improvements to increase automation, reduce costs, and remove process bottlenecks, including crew pay card, automated port invoice uploads to AP, converting vendors from check to ACH, direct deposit of travel agent payments and inventory aging reports to focus sales/use initiatives.

Led a team responsible for SEC reporting, accounting, SOX compliance, treasury and supporting M&A activity.• Decreased monthly close cycle by 25% through process improvements allowing for the finance team to engage on more collaborative projects with business partners.• Conducted companywide procurement study identifying $10M+ annual savings through means other than headcount reductions, served as a key member on several M&A transactions valued at $100M+, and improved treasury operations which increased year over year yield by 50%.

Burbank, Ca, Us

Led a team responsible for accounting, planning and business development activities.• Developed annual operating plan and 5-year plan with franchise General Manager, division executives, sales team and licensees.• Managed Finance team across Disney divisions for consolidated reporting and presented results to President and CFO of Consumer Products.

Burbank, Ca, Us

Led a team supporting material transaction review, including M&A activities where we engaged from discovery through due diligence, contract construction, valuation, acquisition and integration. Developed accounting policies and supported SEC reporting. Provided technical accounting guidance on all financially material transactions and developed accounting policies for Theme Parks, Consumer Products, Media Network and Studio Entertainment.Promoted to leadership of a larger team and broader scope of projects as describes below. Key accomplishments include:• $5.2B acquisition of Fox Family: supported contact negotiation, prepared valuation of tangible and intangible assets/liabilities, evaluated future forecasts, prepared purchase accounting adjustments, and key member of integration• $1B+ of “.com” related entity transactions: identified accounting issues including multiple-element arrangements, revenue recognition and barter• $1B+ of disposition transactions

Burbank, Ca, Us

Houston, Tx, Us

Worldwide, Oo