David Lightfoot Email & Phone Number

Helping small to medium-sized business owners as their part-time CFO. Services include:•Cash Improvement—working capital plans and cash forecasting.•Banking and Lending—banking relationships, loan packages and capital strategies.•Financial Management—staff training, financial statements, projections and budgeting.•Profit Improvement—financial tools, advice and consulting, profit analysis and trend analysis.•Operations Improvement—quality control, staff accountability and management training.•Sales Improvement—more selling time, tools and analysis.•Strategic Planning—business and technology alignment, annual budgeting and long-term planning.•Exit Strategy—value improvement, succession planning and sale of business.•Accounting Systems—Certified QuickBooks Pro Advisor.

Full financial responsibility for four operating companies including homebuilding, construction and engineering services. A total of 50 employees across the four companies.

Full financial responsibility for startup venture with two divisions. Swerve Driver Training (new driver and fleet training) and Speed Secrets (race driver coaching). Full responsibility for GAAP financial statements, cash management, internal controls, budgetary process, cost accounting, financial analysis, modeling, insurance and bank relations.Shared responsibility (with CEO and Chairman) for investor relations.Initiated shutdown of Speed Secrets division; successfully wound up operations and liquiated all assets.Assumed duteis of Swerve Operations Manager at time of crisis. Resolved immediate problems and restored service integrity and customer satisfaction levels. Wrote an Operations Manual and hired a VP of Operations. Maintained responsibilities as CFO during six-month period of dual duties.Identified a problem with gross margins and led a team to make improvements. Increased gross margin across all products lines by 47% between April 2007 and July 2007.

Researched, wrote and self-published a 140-page, hardcover, all-color book titled, "BMW Z4: Design, Development and Production" and subtitled, "How BMW Creates the Ultimate Driving Machines." This book was a personal project but was done with the full cooperation of BMW in Germany and the U.S.During this period, also worked as a contract Professional Driver for BMW of North America's new car introductions inlcluding the 5 Series, X3 and 6 Series.

Full financial responsibility for this professional service, real estate development and property management company.Designed and implemented a comprehensive new profitability plan for the company that included individual targets, corporate performance targets, and cost control measures. Put Company on track for a $1M turnaround in first fiscal year of plan.Implemented the company's first occupancy status reporting system to provide a weekly summary for each property individually, as well as for the company’s full portfolio of holdings.After identifying a significant lack of working capital, worked closely with the company's lending partners to more than double available unsecured lines of credit and quickly improve the company's cash position.

Responsible for all day-to-day operations including feasibility analysis, raising capital, risk mitigation, business development, and property management for this real estate development and property management company.Successfully managed investor relations for syndicated properties. Developed new business and negotiated profitable deals on new construction projects, as well as major renovation projects, leading to significant corporate growth and reducing internal overhead by 35%. Created a five-year strategic plan mapping out strategic direction, assessing growth opportunities, controlling risk and planning cash management for long-term financial health. Led company from $10M in revenues to current level of $25M, exceeding 12% profitability every year.

Responsible for managing all financial and administrative functions including cash management, cost and financial accounting, human resources, investor relations and debt financing. Additional duties included evaluating existing financial systems, implementing changes, and selecting appropriate software.Spearheaded a company turnaround, revamping all operations and implementing new financial systems that achieved profitable results within 12 months. Restructured duties, hired and trained staff, and selected and implemented new software to revamp accounting department. Successfully obtained project financing and operating lines of credit. Implemented budgeting and operating discipline to control costs. Created and wrote company newsletter to stimulate communication with customers, investors, and affiliates.

Managed all financial operations for real-estate developer/operator with $40M in annual revenues. Duties included cash management, forecasting, general ledger, payroll, A/P, A/R, risk management and banking.Streamlined and reorganized the entire accounting process, resulting in 1000 employee-hours saved, increased accuracy, and faster financial reporting. Installed new computerized accounting system.

Co-authored a 1000-page certified management accounting manual that was used as the core resource for the company's national accounting educational program.Taught hundreds of financial accounting, cost accounting, and management theory courses.

Restructured this real estate developer/contractor organization implementing new strategic plan, new financial and computer systems, and hiring and training staff. Results led company from $10M to $40M in annual revenues within 18 months.

London, England, Gb

London, England, Gb