David Wood

David Wood Email and Phone Number

Chief Financial Officer @ FAMCO
Meridian, ID, US
David Wood's Location
Meridian, Idaho, United States, United States
David Wood's Contact Details
About David Wood

Finance Enables and Empowers. We are not the department of "no" but the department of 'how' and 'when'.

David Wood's Current Company Details
FAMCO

Famco

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Chief Financial Officer
Meridian, ID, US
David Wood Work Experience Details
  • Famco
    Chief Financial Officer
    Famco
    Meridian, Id, Us
  • Famco
    Chief Financial Officer
    Famco Jul 2022 - Present
    Meridian, Idaho, Us
    strategic and operational CFO supporting three companies financials, insurance, IT, and profitability. Build out Financial reporting, Forecasting automation and Budget Process, Introduced balanced scorecard vendor evaluation process leading to major software investments in Paylocity, UKG, Freightwise, ERP implementation, and IT security systems. Strong Believer in Theory of Constraints. Lead in contract negotiations for largest building upgrade in company history including local and state tax incentives programs. Financial Modeling for M&A targets. Member of Board of Directors and serving on Financial subcommittee and Executive Compensation committee
  • Famco
    Financial Controller
    Famco Jul 2021 - Aug 2022
    Meridian, Idaho, Us
  • Qti Sensing Solutions
    Financial Site Controller
    Qti Sensing Solutions Dec 2019 - Jul 2021
    Boise, Idaho, Us
    P&L Owner for $27M Division. Coordinated, communicated and led acquisition activities from new parent company. Managed two Finance teams in Boise and Tecate, Mexico in English/Spanish. Implemented plant budgets, consolidated reporting, and cost-down initiatives.• Improved Gross margin by 2.5% over 2 years through inventory management and manufacturing lean efficiency. • Increased revenue and Working Capital management by 26% during pandemic shutdowns. • Drove $2M of annual cost-down initiatives including Kaizen, Lean, and best-cost moves.• Replaced outgoing CFO for all post-acquisition related activities and stabilization• Managed Controllable working capital balances (AR -AP + INV/sales)• SAP Site and Project Lead for QTI implementation. • Role includes multiple HR capacities such as hiring, insurance, employee communication and conflict resolution.
  • Webster Businesses
    Director Of Finance And Operations
    Webster Businesses May 2016 - Dec 2019
    • Hired, Trained and Coached 6 Managers, 30 FTEs, and 300+ seasonal employees• Generated and implemented annual compensation structure, multiple policies, company-wide budgeting, and capital project evaluations • Directed weekly and monthly strategic planning sessions pushing responsibility and communication of all plans down to line level• Implemented a monthly, quarterly and annual P&L and budget process for the entire company providing actionable insights to business decisions.• Responsible for successful completion of 360-point annual Federal mandated safety program, including multiple live auditor reviews .• Implemented new technology platform improving reporting, accuracy, and reducing error rates.• Successfully implemented company-wide 401k plan as part of 401k Management committee • Acquisition Success – integrated new personnel, culture, and practices without losing a single key employee.
  • Fisher Investments
    Finance Project Team Lead
    Fisher Investments Aug 2014 - May 2016
    Plano, Texas, Us
    • Taught and introduced Project methodology, requirements gathering, and executive reporting to Fisher Finance for the first time. • Designed and implemented Agile and waterfall hybrid methodology for creation, prioritization, and execution of simultaneous strategic projects. • Managed a team of 5 Project Managers to execute strategic projects, process improvements, & change management• Implemented 18 strategic Finance projects, 3 vendor RFPs, 2 software tools from concept to go-live, and dozens of processes and procedure documents• Revitalized and restructured critical IT-Finance relationship to include scoping, reporting, process design and IT pipeline updates• Drove Finance’s strategic mission and prioritized all Finance change efforts into a consolidated senior management report. • Oversaw annual audit and audit testing procedures in conjunction with E&Y auditors.
  • Cisco
    Finance Fp&A Revenue Manager- Services
    Cisco Sep 2013 - Sep 2014
    • P&L and revenue management for $8B Services Business across 18 global theatres reporting weekly to upper management on progress to plan including weekly forecasting• Manage ad-hoc reporting requests through Hyperion, Essbase, Business Objects and Oracle GL • Redesigned data reporting schema to increase ownership, visibility and reduce rework by 50%• Report on various Revenue-related aspects of the Business: Acquisition revenue, non-system, deferrals, training, software, and new and amortized revenue streams
  • Cisco
    Supply Chain Finance Manager
    Cisco Aug 2012 - Sep 2013
    •Conducted Supplier Audit to Mexico to verify source data and manufacturing quality Identified $5M in unforeseen cost increases through financial modeling of new Build to Stock fulfillment model• Designed innovative scoring for predicting negative impacts of Cisco spend on partner inventory turns.• Created Cisco’s $11B/year, 3-year manufacturing forecast coordinating 6 teams and 20 stakeholders into a consensus forecast of future spend.• Led a team to automate the Cisco critical supplier Financial Assessment process reducing the chance for manual errors and increasing ability to adjust industry benchmarks. • Redesigned and implemented the SC LRP to reduce time to complete by 75% and increase accuracy by 40%.
  • Cisco
    Business Manager In Payroll Accounting
    Cisco Aug 2011 - Aug 2012
    • Created a bookings dashboard/reporting voice-of-the-customer analysis for Cisco Business Intelligence.• Primary owner and manager of 50 Oracle General Ledger Accounts of nearly $500M USD.• 98% accuracy rate with GL reconciliation, accrual and account variance analysis.• At 6 months, selected to inherit 45% more accounts and manage an international consulting team.
  • Zaytoon International
    Co-Founder And Business Curriculum Author
    Zaytoon International Jan 2011 - Jan 2012
    Founded, planned and executed an NGO start-up designed to assist Middle eastern youth with joblessness, volunteerism, and life skills. Designed fully-accredited internship to the middle east and recruited 20 students to assist with teaching business principles to at-risk youth at Jordanian community centersAuthor of Zaytoon's classroom curriculum and training modules as part of the Zaytoon coursesOversaw the fruition of multiple student-generated Community projects involving thousands of dollars, and hundreds of hours of community service donated by the region and completely organized by Zaytoon students.
  • Brigham Young University
    Mba Class Of 2011
    Brigham Young University Aug 2009 - Apr 2011
    Provo, Ut, Us
    710 GMAT Score, Top 8 Percentile, Multi-Year Scholarship Recipient--including Dean’s Scholarship - Highest BYU MBA Tuition Scholarship Award
  • Cisco
    Cisco Capital Intern
    Cisco 2010 - 2010
    San Jose, Ca, Us
    • Analyzed $6B loan portfolio and identified a shift in emerging customer preference for longer-term deals.
  • Accenture
    Consultant
    Accenture 2007 - 2009
    Dublin 2, Ie
    My career at Accenture has taken me all over the east coast working in half a dozen industries including Verizon Business, Verizon Wireless, Pfizer Pharmaceuticals, Nationwide Insurance, Xerox, Computer Associates, Yale University,and Cingular Wireless, Dunn and Bradstreet, and Virgin Mobile as well as a number of internal Accenture teams as well. I have experience both with individual contributor as well as leadership in large scale IT implementations as well as defect and financial management in stressful, multicultural environments. Several of my roles included the management of offshore development teams and in Accenture's strict meritocracy, was promoted to a Consultant with very high reviews for on time, under-budget delivery of a new Financial platform for Pfizer-Germany. Was also brought on as a subject matter expert for Yale University in their vendor selection of a university-wide financial reporting tool.
  • Accenture
    Business Analyst
    Accenture 2004 - 2007
    Dublin 2, Ie
    On-site work experience at Pfizer, Cingular, Verizon, Xerox, Computer Associates, and Virgin Mobile• Promoted for leading major IT implementation for Germany -- delivered on-time and under-budget.• Led teams in US, India, Ireland, and Germany and implemented a 24-hour development schedule.• As one of two Defect Managers, achieved a billing conversion accuracy rate of 99.97% on largest billing conversion attempted in the wireless industry.
  • Classical Singer Magazine
    Advertising And Competitions Manager
    Classical Singer Magazine May 2003 - May 2004
    Increased ad revenue by 15% during tenure. Maintained the largest database of Professional Opera Competitions in the World for monthly publication. Introduced and packaged web advertising to complement print advertising in an environment of shrinking print ad dollars.Hosted and ran multiple regional high School Competition events in support of the largest high school opera competition in the US.

David Wood Skills

Finance International Business Experience Team Management Financial Modeling Strategy Forecasting Corporate Finance Project Management Valuation Business Strategy Music Economics Analytics International Business Consulting Supply Chain Strategic Planning Microsoft Excel Sap Erp Training Team Leadership Creative Problem Solving Presentation Skills Spanish Educational Instruction Financial Statement Analysis Ethics Business Modeling Financial Management Experience Scenario Analysis Start Up Environment Learning Quickly Disruption Innovativeness Creativity Information Technology Entrepreneurship Venture Capital Non Profits Nonprofits

David Wood Education Details

  • Brigham Young University
    Brigham Young University
    Finance
  • Brigham Young University
    Brigham Young University
    Finance
  • Columbia High School
    Columbia High School

Frequently Asked Questions about David Wood

What company does David Wood work for?

David Wood works for Famco

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

David Wood's current role is Chief Financial Officer.

What is David Wood's email address?

David Wood's email address is da****@****ail.com

What schools did David Wood attend?

David Wood attended Brigham Young University, Brigham Young University, Columbia High School.

What skills is David Wood known for?

David Wood has skills like Finance, International Business Experience, Team Management, Financial Modeling, Strategy, Forecasting, Corporate Finance, Project Management, Valuation, Business Strategy, Music, Economics.

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