David Nelson

David Nelson Email and Phone Number

Non-profit Boards, Retired Strategic High Growth Technology CFO @ Children's Advocacy Centers of Texas
Austin, Texas, United States
David Nelson's Location
Austin, Texas, United States, United States
About David Nelson

25+ years of strategic finance and operations leadership as CFO and COOExecuted highly successful IPO; raised $250+ million in venture and private equity (PE) funding; led numerous profitable exitsProven track record of building high performance teams and driving rapid growth in early stage technology companiesKnown for strong ethics, highest standards of integrity, drive, and professionalismSpecialties: Accounting, Financial Planning and Analysis, Business Plan Development, Private Equity and Venture Capital Financing, Legal Administration, HR, IT, Mergers & Acquisitions, Compensation, Commission Plans, Strategic Planning, Forecasting, Software Revenue Recognition, SaaS, Software Companies, Business Valuation, Corporate Governance, Mergers & Acquisitions, Capital Spending, Monthly close process, Cash Management, Cost Accounting, P & L management, Data Warehouse, metrics analysis and reporting, Audits, Budgeting, Financial reporting, Acquisition integration, Financial modeling, Divestitures, Debt management, Process refinement, Insurance, Legal functions, Contract management, IPO process

David Nelson's Current Company Details
Children's Advocacy Centers of Texas

Children'S Advocacy Centers Of Texas

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Non-profit Boards, Retired Strategic High Growth Technology CFO
Austin, Texas, United States
Website:
cactx.org
Employees:
88
David Nelson Work Experience Details
  • Children'S Advocacy Centers Of Texas
    Children'S Advocacy Centers Of Texas
    Austin, Texas, United States
  • Center For Child Protection
    Board & Executive Committee Member, Treasurer & Chairman Finance Committee
    Center For Child Protection Dec 2020 - Present
    Austin, Tx, Us
    CCP works to end the cycle of child abuse through advocacy, education and community support.
  • Double Take Atx
    Board Treasurer
    Double Take Atx Dec 2020 - Present
    Double Take is a curated resale and gift shop benefiting the Center for Child Proection
  • The Austonian
    Chairman, Finance Committee
    The Austonian Nov 2019 - Present
  • Ronald Mcdonald House Charities
    Expansion Financial Plan
    Ronald Mcdonald House Charities Dec 2020 - Jun 2023
    Chicago, Illinois, Us
    RMHC serves children & families worldwide through family-centered programs which promote health and togetherness.Developed multi-year financial plan for major expansion of the Ronald McDonald House working closely with RMHC Management, Board and Finance Committee
  • Score
    Mentor
    Score Oct 2020 - Jun 2023
    SCORE fosters vibrant small business communities through mentoring and educationAs a Mentor I provide strategic, financial and operational mentorship to non-profits and small business
  • Leadership Austin
    Senior Fellow
    Leadership Austin Nov 2020 - Dec 2022
    Austin, Tx, Us
    The Leadership Austin Fellows program provides senior leaders for high impact projects in the social sector
  • Serenova (Acquired By Lifesize)
    Chief Financial Officer
    Serenova (Acquired By Lifesize) Apr 2018 - Jan 2019
    Recruited to this private equity backed, $60 million SaaS provider of omni-channel cloud contact center solutions• Partnered with executive team to exceed revenue and EBITDA budget targets• Led company-wide initiatives resulting in >100% achievement on company bonus targets • Rebuilt Finance and Accounting into high performance team, streamlining close from 22 to 8 days in 6 months while reducing headco• unt
  • Periscope Holdings (Acquired By Mdf Commerce)
    Chief Financial Officer
    Periscope Holdings (Acquired By Mdf Commerce) Dec 2014 - Jan 2018
    Recruited as CFO to this private equity backed, $30 million SaaS provider of enterprise and small & medium business (SMB) procurement software solutions to 9,000 customers• Key role in acquisition and integration of software company utilizing $17 million debt facility, achieved $1.5 M in cost reductions through streamlined operations• Teamed with Sales and Marketing in developing metrics and programs to optimize high volume, low priced subscription telemarketing sales model • Created a transaction-based revenue model partnering with CEO to increase average enterprise deal size 4X and margins 30% while delivering a more strategic solution to the marketplace • Collaborated with Executive team to establish company-wide metrics reporting and analysis; integrated to monthly rolling forecast as a tool for management alignment & decision making • Integrated and revamped accounting systems and processes, implemented ASC 606 revenue recognition changes accelerating revenue and increasing margins
  • Q2Ebanking (Ipo)
    Chief Financial Officer & Vice President
    Q2Ebanking (Ipo) Mar 2007 - Nov 2014
    Austin, Tx, Us
    Recruited as CFO to this venture-backed SaaS online, mobile, & security banking software company• Grew revenue from $1 million to $75 million in Software as a Service (SaaS) model• Played key role in successful IPO, driving company valuation to over $500 million• Increased average contract value 9X (from $280k to $2.6 million) by optimizing deal structure• Closed $44 million in equity from 3 rounds of venture funding • Grew sister company revenue 40% and sold company for 4X return on original investment• Co-developed reseller partnership gaining entry to Credit Union market that doubled the total addressable market and is producing 19% of total revenue• Expanded line of credit from $1.8 million to $25 million• Jointly established 20+ product and channel partnerships, generating 33% of total revenue • Acquired company, integrated acquisition, then spun-off combined entity in stock transaction• Built data warehouse providing enhanced data analytics and Tableau based metrics reporting• Raised recurring revenue from less than 50% of revenue to over 90% by improving deal structure• Built high-performance team; consistently closed books < 2 days; AR collection < 25 days
  • Trillion (Acquired By Affiniti)
    Chief Financial Officer
    Trillion (Acquired By Affiniti) Dec 2003 - Mar 2007
    Austin, Tx, Us
    Recruited as CFO to this venture-backed broadband network managed service provider• Responsibilities included Finance, Accounting, Legal, Human Resources, Facilities, and Administration• Grew recurring revenue from $1 million to $18 million with $78 million in backlog contract revenue • Raised $17 million in equity from venture and strategic corporate investors including Intel• Closed innovative $50 million debt financing for capital-intensive business model• Led acquisition that tripled revenue and realized $3 million in annual expense savings• Secured over $25 million in government program funding to finance development of customer networks• Refinanced $6 million of customer renewal project expansions; improved cash flow 14%
  • Salion (Acquired By Deutsche Telecom)
    Chief Financial Officer
    Salion (Acquired By Deutsche Telecom) 2001 - 2003
    Introduced by Austin Ventures to this VC-backed, SaaS Supplier CRM software solution provider • Responsibilities included Finance, Accounting, Legal, Human Resources, Facilities, and Administration• Closed $10 million in venture equity; developed investor package; coordinated due diligence• Jointly reduced monthly hosting expense 35% per customer• Partnered with Engineering and Operations to optimize product and data center architecture • Negotiated $3 million in equipment leases to finance data center build-out • Developed contract and statement of work template including SLA to ensure target margins
  • Hire.Com (Acquired By Authoria - Now Peopleclick)
    Chief Financial Officer & Vp Operations
    Hire.Com (Acquired By Authoria - Now Peopleclick) 1999 - 2001
    Us
    Recruited as CFO by this venture-backed recruiting management software provider• Grew recurring revenue from $2 million to $14 million in SaaS model• Raised $21 million from venture capital and strategic corporate investors • Improved gross margin from 1% to 58% through cost reduction and data center infrastructure initiatives• Decreased cost per customer 19% through streamlining installation and support processes• Operations responsibilities included Hosting Services, Technical Support, Information Technology• CFO responsibilities included Finance, Accounting, Legal, Human Resources, Facilities, and Admin• Negotiated and managed over 150 customer, distribution, and consulting contracts
  • Merrin Financial (Acquired By Adp)
    Chief Financial Officer And Chief Operating Officer
    Merrin Financial (Acquired By Adp) Mar 1994 - 1998
    Roseland, New Jersey, Us
    Joined this institutional trade order management software company• Grew recurring revenue from $4 million to $18 million • Sold company to ADP; negotiated and managed financial aspects of acquisition• Decreased product implementation time 60% by streamlining the installation process• Developed and managed international expansion strategy, generating $3.8 million in first-year revenue• Reduced defects 49% by restructuring the product management and development process• Managed up to 150 people with responsibility for complete product life cycle, including Product Management, Development, Quality Assurance and Release Management as well as Installation Services, Client Support, Finance, Accounting, Human Resources, Facilities, Legal, and Administration
  • Imi Computing (Acquired By Keane Inc.)
    Vice President, Finance And Accounting
    Imi Computing (Acquired By Keane Inc.) Jun 1988 - Feb 1994
    Recruited to establish the startup division of $100 million British company providing communications software and professional services • Responsibilities included Finance, Accounting, Business Development, and Professional Services• Grew revenue at 71% average annual growth• Developed and managed third-party channel strategy that generated 41% of revenue
  • Itt Corporation
    Business Development Manager
    Itt Corporation Jan 1983 - Jun 1988
    Recruited into selective management training program at this $1+ billion division providing voice and data network solutions• Business Development Manager (1986–1988)• Product Line Profitability Manager (1985–1986)• Assistant Budget Manager (1984–1985)• Assistant to CEO (1983–1984)• Management Training Rotational Program (1983)

David Nelson Skills

Ipo Saas Start Ups Enterprise Software Leadership Financial Modeling Venture Capital Finance Forecasting Mergers Strategic Financial Planning Due Diligence Financial Analysis Revenue Recognition Sec Filings M&a Experience Mergers And Acquisitions Strategy Analytics Strategic Planning Team Building Business Development Product Management Management Analysis Accounting Crm Executive Management Budgets Cash Flow Professional Services Restructuring Cash Management Consulting

David Nelson Education Details

  • Thunderbird School Of Global Management
    Thunderbird School Of Global Management
    Finance And Accounting
  • Smu Cox School Of Business
    Smu Cox School Of Business
    Finance And Accounting
  • Kalamazoo College
    Kalamazoo College
    Economics

Frequently Asked Questions about David Nelson

What company does David Nelson work for?

David Nelson works for Children's Advocacy Centers Of Texas

What is David Nelson's role at the current company?

David Nelson's current role is Non-profit Boards, Retired Strategic High Growth Technology CFO.

What is David Nelson's email address?

David Nelson's email address is dn****@****ova.com

What is David Nelson's direct phone number?

David Nelson's direct phone number is +151268*****

What schools did David Nelson attend?

David Nelson attended Thunderbird School Of Global Management, Smu Cox School Of Business, Kalamazoo College.

What skills is David Nelson known for?

David Nelson has skills like Ipo, Saas, Start Ups, Enterprise Software, Leadership, Financial Modeling, Venture Capital, Finance, Forecasting, Mergers, Strategic Financial Planning, Due Diligence.

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