David Holder Email & Phone Number

Chapel Hill, Nc, Us

United States

Raleigh-Durham, North Carolina Area

Haptiq formerly known as WeboniseHead of Finance for Technology Company owned by PE Firm, focused on Fintech, Intelligent Automation and Cloud and Engineering Services. Leading the charge on building Saas solutions that help create value by leveraging data and bringing operational efficiencies.• Directed finance function during growth, from start up, to sale, to integration with acquiring Private Equity company, resulting in company growth from $4M to $14M. Recent focus on growing SaaS product units from current levels to $50M companies.• Partner with senior management team to develop strategic vision, evaluate risks and business scenarios, manage cash, and provide metrics identifying financial drivers and opportunities.• Worked with Private Equity company partners to manage financial, legal, risk and insurance, tax, and real estate functions to meet ownership standards.• Owned annual budget and reporting and financial planning processes to better coordinate and identify opportunities for reorganization, downsizing, and expansion.• Directed conversions to Net Suite, ADP, and Avalara Tax Software.• Improved collection processes and doubled cash in bank account.• Modified closing process, resulting in 2-day month end closing process, allowing senior management a quicker review of the financial results. This included review and preparation of all supporting schedules.• Responsible for financial management, including corporate accounting, regulatory and financial reporting, payroll, taxes, insurance, and internal controls and procedures for an international business with offices in India, Canada, and the US.• Serve as key member of the senior management team, partnering with the CEO in growing the business.• Analyze operations to identify areas in need of reorganization, downsizing, or elimination.• Assist operations in profitability analysis.• Manage decentralized international accounting team.

Raleigh-Durham, North Carolina Area

• Centralized all Accounting duties to one location resulting in annual savings of $300,000. • Directed the accounting portion of system conversion to CDK from Reynolds and Reynolds, including the set up of all executive dashboards, chart of accounts and all supporting schedules. • Modified closing process, resulting in 4-day reduction in the month end closing process, allowing senior management a quicker review of the financial results.• Created internal reporting metrics and became a business partner with each operating unit to produce additional gross profit and a decrease of over $2M in receivables.• Direct all financial aspects of a $500M, 8 store automotive group.• Provide analysis and strategic guidance to each store to assist with pricing, collections and overall financial performance.• Manage 25 finance direct reports.• Prepare reports summarizing company business activity and financial position, including monthly and annual consolidated financial statements. • Prepare budgets and forecasts, financial analysis, and other projects and financial reports. • Develop appropriate policies and procedures for the efficient operation of the accounting and financial functions within the company. This includes necessary internal control procedures to safeguard the company’s assets and ensure reliable financial reporting results. • Manage all aspects of annual financial statement audits, as well as any periodic tax or other regulatory agency reviews.

Parsippany, Nj And Charlotte, Nc

• Led implementation of new multi-currency Accounting system to 10 international locations, resulting in increased efficiencies and profitability.• Modified international closing process, resulting in 10-day reduction in the month end closing process and improving senior management’s access to more timely information.• Led transfer of entire administrative function from Charlotte, NC to Parsippany, NJ. Included hiring entire staff and transition of all functions (Accounting, IT, Human Resources, Legal and Marketing).• Developed financial tools and models for analysis used in the acquisition and divestitures of 10 legal entities. This included severance for employees, sale of assets, and management of final audits and tax returns.• Directed International Financial Reporting Standards (IFRS) and US GAAP compliance reporting for $55M subsidiary of $6.5B public, UK based entity.• Provided analysis and strategic guidance to each operating unit to assist with pricing, collections and overall financial performance.• Managed 11 accounting and finance direct reports in the US, Europe, Asia, Latin and South America and Canada.• Established International Treasury program and system, using three banks and their online networks.• Directed worldwide tax programs, including VAT, payroll, income, sales, and business licenses.• Designed and implemented benefits program for 10 international offices and 25 US offices.

Master Of Business Administration (M.B.A.), Mba

Bachelor'S Degree, Business Administration And Management, Finance

Education record