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Vice President of Finance with extensive experience managing financial planning, budgeting and administrative functions within industrial segments. Demonstrated ability to create and implement innovative solutions to drive financial results. A team leader providing motivation, training and the ability to translate financial results into operational actions.
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Chief Financial OfficerPhx Holdings Mar 2023 - PresentAtlanta, Georgia, Us -
Chief Financial OfficerLaszeray Technology, Llc Mar 2021 - Mar 2023North Royalton, Oh, Us -
Vice President Finance/It Akron BrassIdex Fire & Safety Feb 2017 - Mar 2021Wooster, Ohio, Us• Finance and compliance integration for the IDEX acquisition of Akron Brass.• Implementation of the SOX program & Trade Compliance program within both Business Units that make up the Akron Brass Co.• Increased Employee Engagement from the low 60’s to 100% within my team of 16 employees.• Develop Analytic & Forecasting tools to accurately report PBIT walk information for forecasting as well as reporting actual results.• Lead for 80/20 financial analytics & Lean Initiatives.• Drive DSO, DPO, and Inventory Turns to Improve Working Capital across the business.• Oversee the IT team as they integrated Syteline with IDEX financial reporting systems. -
Vice President Finance/It Warren RuppIdex Corporation Aug 2015 - Feb 2017Northbrook, Illinois, Us• Responsible for providing strategic and financial leadership for the AODD Business.• Drove PBIT expansion by 5 Percentage points in a declining market.• Oversight of Business Unit General Ledger month-end close, financial reporting, balance sheet account reconciliations.• Led 80/20 alignment efforts and develop product line segmented P&L’s to review individual Performance.• Ensure that effective internal controls are adhered to and comply with GAAP, SOX, and Trade Compliance regulations.• Responsible for building the Annual Operating Plan to achieve company strategic and financial goals.• Drive DSO, DPO, and Inventory Turns to Improve Working Capital across the business.• Drive Employee engagement within my team of 10 Finance, IT, and Trade Compliance professionals with a resulting engagement score in the 90’s. -
Senior Finance Manager - Semiconductor And Infrared OpticsIdex Corporation Feb 2014 - Aug 2015Northbrook, Illinois, Us• Finance lead for 4 Global manufacturing locations• Implemented the SOX program in 2 of the 4 sites.• Created a business rationalization plan that resulted in the sale of 2 of the 4 sites in order to simplify the business and provide focus to grow the other portions of the business through 80/20.• Drove functional alignment of Supply Chain, Technology, Sourcing and Product Management across the Business Unit.• Led Financial Consolidation efforts for forecasting and results reporting within the 4 sites.• Developed Price, Mix and Productivity analytic tools to allow reporting within the PBIT walk.• Effective management of 5 direct employees with a support team of an additional 14 employees. -
Cfo - Power EquipmentGe Feb 2013 - Feb 2014Boston, Ma, Us• CFO level position with finance oversight of the $1 billion Power Equipment Business Unit.• Drive simplification and consistency of reporting across the globe.• Controllership of program and NPI Investment & Expense funding across the business.• Drive functional alignment of Supply Chain, Technology, Sourcing and Product Management across the Business Unit.• Provide leadership to the global finance teams.• Drive compliance and controllership across the business.• Ensure adherence to GE GAAP requirements.• Lead key planning cycles as well as own all quarterly & weekly forecasts to the business.• Complete monthly post close reporting packages analyzing results versus the latest estimates. -
Multi-Plant Finance ManagerGe Oct 2010 - Feb 2013Boston, Ma, Us• Manage and develop the finance team located within the 6 US/Mexico component facilities.• Key business partner to the US/Mexico components operating teams in order to drive business profitability.• Optimize plant finance structure in order to provide maximum business support.• A Key go-to person providing expertise on US/Mexico Components financial analytics.• Provide leadership to the finance team.• Drive compliance and controllership across the business.• Ensure adherence to US GAAP and Local GAAP requirements• Ensure strong controllership routines especially in regards to inventory, plant and equipment, account reconciliations and cost accounting methodologies• Lead key planning cycles as well as own all quarterly & weekly forecasts to the business.• Complete monthly post close reporting packages analyzing results versus the latest estimates.• Support the US/Mexico component factories in the month end close process including general accounting routines. -
Plant Finance ManagerGe Jan 2009 - Oct 2010Boston, Ma, Us• Provided financial leadership to the GM and operational team to identify opportunities and drive improvement in line with expectations.• Ensured the integrity of the Auburn Plant financial results.• Implemented processes around productivity events tracking.• Forecasted the Auburn Plant operating results (Sales, COGS, Base Cost, Inventory, Headcount).• Responsibility for Daily, Monthly, and Quarterly Cost and Inventory Analysis• Analyzed and commented on cost variance's to plan.• Various project analyses (labor, materials, Six Sigma).• Drove proactive controllership in order to ensure US GAAP compliance. -
Plant Finance Leadership ProgramGe Mar 2007 - Aug 2009Boston, Ma, Us• 6 Month Financial Planning & Analysis rotation supporting the Plainville Powerbreak Plant.• 12 Month Cost Accounting rotation supporting the Burlington Switchgear Plant.• 6 Month Financial Planning & Analysis rotation serving as the acting Finance Manager for the Auburn Components Facility. -
General ManagerR.E. Lowell Lumber Jan 2002 - Jan 2007- Oversight for Retail Hardware & Lumber business as well as Eastern White Pine Sawmill Operation serving the Log Home Industry along the Eastern Half of the United States.- Inside Sales including custom home Quoting- Delivery Scheduling to optimize efficiency of delivers while meeting customer and contractor demands- Kitchen Design.
David Savage Skills
David Savage Education Details
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University Of Southern Maine - School Of BusinessBusiness
Frequently Asked Questions about David Savage
What company does David Savage work for?
David Savage works for Phx Holdings
What is David Savage's role at the current company?
David Savage's current role is Chief Financial Officer at PHX Holdings.
What is David Savage's email address?
David Savage's email address is ds****@****ray.com
What is David Savage's direct phone number?
David Savage's direct phone number is (330) 264*****
What schools did David Savage attend?
David Savage attended University Of Southern Maine - School Of Business.
What skills is David Savage known for?
David Savage has skills like Cost Accounting, Finance, Forecasting, Leadership, Process Improvement, Cross Functional Team Leadership, Six Sigma, Management, Hyperion Enterprise, Financial Analysis, Variance Analysis, Managerial Finance.
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