David Stone Email & Phone Number

Fractional CFO Develop daily cash management and forecasting for a rapidly growing company. Oversee and improve month-end close, cost accounting, quotations, and pricing. Support banking relationships and investor reporting & presentations

Collegeville, Pennsylvania, US

Cincinnati, Ohio, US

• Oversaw 3 BU controllers, twelve global P&L sites, $300M sales, 50K SKU’s, 25 Finance & IT staff. Achieved record sales and profits in 2019, and improved decremental margin and cash flow during COVID impacts.
• Reduced time to close 1-day and improved forecast accuracy using BI tools and close process improvements.
• Led cross-functional projects to reduce working capital by 700 Bps across global sites and free up $15M in cash

Flamatt, Fribourg/Freiburg, CH

Provided US financial support for 3 segments / manufacturing sites at the public Swiss parent company. Oversaw plant controllers and business partnering to sales during a period of rapid growth and investment.

Atlanta, Georgia, US

• $500M Private Equity backed Electronics Equipment Manufacturer with 20 global entities
• Provided integration support for the newly acquired $250M Canberra business. Oversaw monthly forecasts, synergies tracking, consolidations, and migration to a new reporting structure for ten global entities.

• Grew revenues from $100M to $150M as Global P&L owner. Oversaw Directors in: Operations, Engineering, Product Marketing, Finance, Human Resources, and Reliability and a team of 200. Improved cost structure and made.
• Released the J-series laser platform designed with VA/VE to meet demanding market requirements for high-reliability, better performance, and lowered the customers cost per drilled micro via hole.
• Supported thought leading global electronics customers to develop improved products, and manufacturing processes. Implemented local service centers for customers in China.
• Integrated a machine tool business unit by moving the standard assembly to a low-cost region. With the US completion and support which significantly lowered lead time 50% and cost 25%.

• Supported revenue growth from $12M to $100M. Spearheaded multi-site strategic plans, budgets, product development and capacity expansion justifications.
• Developed cost plus fixed fee overtime revenue reporting and processes in ASK and Oracle ERP systems
• Launched initial SOX processes and controls with no material weaknesses noted by auditors.
• Provided MD&A analysis for SEC reporting and advised corporate on all forecast Risks &Opportunities.
• Implemented Oracle ERP and Hyperion reporting systems and developed expertise in consolidations.

• Grew revenue from $12M to $100M. Spearheaded multi-site strategic plans, budgets, product development and capacity justifications, and utilized expertise in strategic business partnering and accounting controls.
• Developed staff and drove accounting transaction processes and accountability for successful scale up.
• Launched initial SOX processes and controls with no material weaknesses noted by auditors.
• Provided MD&A analysis for SEC reporting and advised corporate on all forecast R&O’s.
• Implemented Oracle ERP and Hyperion reporting systems and developed expertise in consolidations.

Stratford, Connecticut, US

Supervised 3 analysts that managed all financial and administrative functions for Mfg. Engineering.

Mba, Finance

Ba, Economics, Finance