David R Nelson Email & Phone Number

Charlotte Corporate Office

Charlotte, North Carolina Area

Managed General Accounting department staff. Completed annual financial audit requirement with no accounting write-ups or comments by auditors. Implemented new payroll system thus reducing company overhead expenses by 56%. Implemented new time keeping and time off tracking system transitioning from manual input by HR staff to online input, tracking, and planning by individual employees. Also responsible for all entries into the General Ledger from all sources. Other responsibilities include preparation of annual budget, monthly financial statements and related variance analysis along with recommendations for presentation to Senior Management, audits, payroll, accounts payable and receivable, and tracking and disbursement of company allocations and disbursements.

Charlotte, North Carolina Area

Managed General Accounting department staff and 6 consecutive years of profitable P and L results. Completed annual financial audit requirement with no accounting write-ups or comments by auditors. Installed new capital assset tracking system. Renegotiated multiple contracts that saved the company over $100,000. Fully documented desk procedures, checklists and controls for all major areas. Also responsible for annual budgets, monthly financial statements, related variance analysis and recommendations for presentation to Senior Management, audits, payrolls, accounts payables and receivables,

Charlotte, North Carolina Area

* Managed $300 million business unit. Responsible for operating results, analysis of capital investments, pricing, revenue, cost of goods sold,planning, budgeting, analysis of performance and creation of financial statements and variance analysis.* Developed tracking system to quantify exposure and opportunity of open order manufacturing order variance.

Ibm Charlotte

* Responsible for analyzing competition and competitive market forces to develop and advise executive management of recommended price actions, reasons for and corresponding implications.* Assigned IBM's largest OEM account due to proven ability and expertise in developing effectice pricing strategy and corresponding account management skills.

Ibm Charlotte

* Coordinated and drove the activities of engineering, manufacturing, development, purchasing, marketing and financial teams to understand and develop competitive responses to each Request for Quote (RFQ) package.* Developed tracking system for analysis of trends, comparison to actual quotes and performance for use in future quote packages.

Ibm Charlotte

Administered plant overhead spending of $115 million. Developed allocation and application rates to clear out corresponding expense pools. Supervised department financial analysts and presented corresponding results and recommended action plans to executive management.* Researched /analyzed North Carolina tax code for applicable tax breaks to insure appropriate leases received the same state tax exemptions as the purchase of "machinery and equipment used exclusively in manufacturing or research and development' - resulted in $420 thousand dollar retroactive tax savings that went straight to the bottom line. Received IBM DIvision award in recognition of realized tax savings.

Ibm Charlotte

* Coordinated the annual capital plan for the site along with all associated duties and responsibilities. These included quarterly reviews with executive management, budgeting and tracking of releases, expenditures and depreciation by project and line of business.* Analyzed all business cases for economic justification and return on investment and incorporated business case results into current operating plans.

Ibm Charlotte

* Developed and analyzed the various elements of product cost and insured proper inventory valuation. Supervised department cost accountants and coordinated and presented monthly results to executive management along with current levels of booked inventory to financial inventory along with action plans to improve reporting and associated variance analysis.

Ibm Charlotte

* Responsible for the logistics and transfer of all products relocated into and out of the Charlotte facility for future manufacturing and/or development responsibility. Responsibilities included timing, inventory, inventory levels, skills, equipment, cost of transferr, variance analysis and adherence to previously agreed upon transfer plans.

Charlotte, North Carolina Area

* Provided numerous and varied Management Consulting Services to Public and Private Sectors located throughout the Southeastern United States.

Mba, Corporate Finance

Activities and Societies: Teaching Assistant in Accounting

Bachelor Of Science, Accounting

Activities and Societies: Delta Sigma Phi member