David Lopez Email & Phone Number

We help business build, scale, and run their finance department.We offer CFO Services to startups and SMBs that are looking to build stronger cash flows, improve their profitability, and manage their growth.If you would like to learn more, visit us at www.summa.consulting

Los Angeles, Ca, Us

Incorporated the Supply Chain function to the previously managed Finance function.• Building the Supply Chain function from the ground up• Centralized purchases, improving working capital by 30% in 30 days• Strengthened fiscal discipline by renegotiating terms with vendors, establishing zero-based budgets, and keeping procurement lean through variance analysis; driving clarity, focus, and accountability across business partners• Eliminated waste services, SaaS, subscriptions, and underutilized services; reducing OPEX by 10% annually • Integrated procurement to accounting: mapping and coding Inventory, OPEX, CAPEX, and R&D• Integrated procurement to finance: budget management, timing purchases, lean inventory, improving working capital• Currently leading the implementation of inventory MRP and developing the inventory management sub-function

Los Angeles, Ca, Us

Outpost is a space company that seeks to make Earth sustainable by bringing reusable satellites and their payload back from space.• Built the Finance function from the ground up• Managed pipeline of SBIR contracts and negotiated milestones to align working capital to payments• Set up SOPs, policies, and corporate governance principles; regaining control of spend• Streamlined finance operations with business operations through process re-design and automation• Managed treasury and runway; improved cash position with short term securities• Expanded on the existing financial model and developed the budgeting process; introducing scenario analysis into forecasts• Coordinated directly with government officials and invoicing portals to get invoices out on time and collect funds ahead of time• Incorporated ASC 606 for Revenue Recognition and ASC 842 for Lease Accounting• Improved the agreement with operating lease partner, quadrupling the line of credit • Managed FTE payroll, contractor payroll, off-cycle runs, accruals, deductions and reimbursements • Automated financial reporting and communication through API integrations using JavaScript

Los Angeles, California, Us

Online ad producing company, fourth largest ad agency on Facebook worldwide as of May 2021.Directs the company’s overall financial and accounting functions, managing a team of four.• Developed the company’s financial model for strategic decisions, and the short-term liquidity plan for tactical decisions• Developed the company’s budget by department, and leading the budgeting process for the first time• Manages a strong relationship with banks, landlords, lessors, insurance, and benefits providers, driving better terms.• Successfully set policy and SOPs for key processes in operations and finance.• Cash management through policy, budgeting, AR and AP planning, and identifying overspending on a continuous basis.• Reported, built models, and maintained relationships with partner investment bank

Torrance, Ca, Us

High-end automotive company, selling cars valued between $700k and $2M. Annual revenues of $20M.Hired while performing on-site work for a consulting project appointed by Deloitte. Responsible for the direction of the global operation’s finances, focused on building a narrative that goes well beyond talking numbers. • Developed the company’s financial model, 2021’s Op Plan, and the 5-year business plan to raise equity and debt.• Successfully partnered with Production and Sales to bridge gaps in data flow and anticipate short term changes in working capital. • Designed and implemented best practices and policies for Rev Rec, process mapping, costing, AR, AP, and inventory management.• Managed relationship, presented covenants, and prepared financials for private equity partner

Worldwide, Oo

Global professional services firm in audit, advisory, tax, and consulting services. Annual revenues of $47.6B.• Functional lead in the automation assessment for a pharmaceutical company, mapping processes that could be automated.• Functional lead in the transition from Oracle to SAP S/4 HANA for a pharmaceutical retail company, mapping out charts of accounts, coordinating with code developers, and leading the development of dashboards to track implementation progress.• Functional lead in the development of the working capital model, reporting, and policy development for Singer Vehicle Design.

Tempe, Arizona, Us

Versum Materials is a global semiconductor manufacturer; main client is Intel. Annual Revenues of $4.0B.Head analyst of SG&A expenses, partnering with global controllers and Vice-Presidents, and producing financials for 10-Q and 10-K for the Securities and Exchange Commission (SEC).• Owner and manager of the SG&A budget of $160M (FY19) and $180M (FY20), comprised of 130 cost centers in 12 countries.• Created the worldwide SG&A financial model and ad-hoc reporting presented to C-level executives monthly for tactical decisions.• Developed the worldwide SG&A allocation model, partnering with Tax, savings of over $1.0M (FY18) and $1.5M (FY19).

Scottsdale, Arizona, Us

Cement and aggregates manufacturer for the Arizona and California markets. Annual revenues of $50.0MFinance business partner in the strategic decision making of the company on short and long-term decisions; reporting directly to CFO and collaborating to CEO and COO on a daily basis.• Managed and executed the budgeting process ($50M), developing metrics, reports, and ad-hoc financial plans for added value.• Managed reporting and information request from private equity partners and debt partners (Yavapai County bonds), including tracking and reporting of covenants• Reduced working capital by $5M; provided actionable plans to add value through AR/AP tracking and inventory management.• Launched the daily operating report used company-wide; detailing sales, production, inventory, efficiency (labor and equipment).

Private investors looking to make investments in Costa Rica, under a turn-key project approach. Investment of $200k.Private Equity Investment Manager, screening start-ups for investors, incubating selected ideas, and executing the business plan.• Worked with Venture Capital to identify opportunities and execute projects in Costa Rica.• Executed investment that led to creation of 3 running start-ups in Costa Rica under turn-key scheme in less than 3 years. • Achieved 20% savings on total investment budget of $200k, based on vendor negotiations and working capital management.• Led revenues of over $100k during the first year of operations.

Woking, Surrey, Gb

Largest brewing company in Peru, with 90%+ percent of market share. Annual revenues of $1.6BBudget owner of nationwide services, partnering with functional departments to meet targets, while facilitating purchases through negotiations, managing vendor relationships, and leading bid processes. • $2M savings in under six months by introducing zero-based budget, using reverse auctions, and negotiating with vendors.• Achieved efficiency savings of $500k in under 3 months, by reducing man-hours of high-skilled labor through SAP automation.• Won the High-Performance Award three times by reducing non-critical inventory by a factor of 20.

Gb

Global professional services firm in audit, advisory, tax, and consulting services. Annual revenues of $43.0B.Financial modeling and valuation specialist, responsible for delivering high-complexity financial models and presenting results to clients.• Led 30 business valuation modelling in manufacturing, mining, and banking. Largest valuation was for a $4.0B company.• Conducted the Deals & Corporate Finance team training, comprised of 10 colleagues.• Best Colleague Award winner for Leadership and Teamwork in 2008.

Master Of Business Administration (Mba), Finance And Economics

Bachelor'S Degree, Administración Y Gestión De Empresas, General

Candidate