David Tormala Email & Phone Number

Chesterfield, MO

• IT Financial Solutions
• Production support with daily usage of multiple PeopleSoft modules
• Consult with Finance users in development of data and results to test, debug and implement system solutions
• Manage internal projects in Azure DevOps system with configuration updates and testing in all environments
• Process internal entity requests using RGAs Master Data Management tool exceeding SLA turnaround times
• Weekly involvement of running MultiCurrency requests, journal tracking, and monitoring jobs in multiple systems

St. Charles, MO

• Enthusiastically educate and promote Scout & Cellar’s clean crafted wine at business and private events. Design and execute digital and social media marketing campaigns.
• Manage a small team of independent consultants.
• Advanced into the Associate Manager role within four months of starting the business.

Chesterfield, MO

• IT Operations - Business Control
• Provided strategic support to the Office of the Chief Operations Officer of N. America and the IT Ops domain and management teams.
• Heavily involved in the cost control cycle of budgeting, forecasting and actual reporting of $114M budget in 2023.
• Analyzed and reported monthly financial expense and FTE results for IT Ops to various levels of management.
• Gathered, consolidated, reconciled, tracking and reporting of the annual Medium Term Plan for five out years.
• Performed impact analysis on proposed strategic initiatives with continual interaction with key stakeholders.

Clayton, MO

• IT Business Services
• Monitored $56M of project financials for capital appropriation requests through constant collaboration with Project Managers to ensure the work met performance targets through the use of sprint reviews.
• Provided variance analysis and recommendations to project stakeholders.
• Prepared forecasts, accruals and journal entries through extensive coordination with the program controller.
• Tracked spend and budgets for operating and capital expenses while identifying trends to increase profitability and challenge unexpected costs impacting the health of the business.
• Managed and processed IT requisitions to meet program deadlines and compliance with company standards.

Chesterfield, MO

• IT Business Solutions and Applications
• Acted as the primary administrator on IBM Cognos TM1 by developing and maintaining business rules and system testing of enhancements, patches and upgrades.
• Partnered with Project Management, Finance and IT to present accurate and timely information, recommendations and solutions to enable sound decision making.

Creve Coeur, MO

• Global Financial Planning & Analysis (FP&A)
• Worked with project stakeholders to identify and discuss business trends, past performance with the objective of forecasting financial results.
• Used contingency planning methodology to help the organization prepare backup plans to avoid cost that may negatively impact the balance sheet and forecasts.
• Analyzed, consolidated and reconciled long-term prepaid amortization and balance sheet accounts to mitigate risk.

Creve Coeur, MO

• Global Strategy - Enabling IT
• Presented a monthly financial package with statistical measures and trending charts to communicate performance and areas for improvement using retrospectives.
• Conducted long range planning for operating and capital expenses. Developed the budget and provided strategic analysis, such as Cloud spending, to identify performance issues for IT leadership.
• Identified $250K+ of excess budget when teaming with HR to track IT staffing levels.

St. Louis, MO

• Enterprise Finance Services - IT & Data Analytics
• Assisted in the startup of a business unit by developing a monthly business review package, cost analysis, variance analysis, forecasting and data modeling. Teamed with IT leadership to present monthly reviews and.
• Participated in daily scrums to improve collaboration and transparency among the team.
• Supported IT Business Partners within Boeing Military Aircraft (BMA), Global Services & Support (GS&S) and Network & Space Systems (N&SS) to manage the business and drive profitability.

St. Louis, MO

• Engineering Test & Technology
• Led cross-functional teams that included Engineering, Business Development, Program Management, Contracts, Procurement and Supplier Management. Executed the full life cycle of multiple projects, such as wing stress.
• Applied waterfall methodologies on firm fixed price contracts for improved budget, deadlines and status. Applied agile methodologies on time and material contracts for improved quality and transparency.
• Managed small groups to promote cost-saving initiatives and process/procedure improvements.
• Created and championed a proposal checklist scorecard initiative that measured key proposal compliance areas to improve quality scores and first-time pass rates.
• Initiated proposal Value Stream Mapping (VSM) to identify opportunities for improvement in the proposal generation lifecycle by eliminating inefficiencies and waste.

St. Louis, MO

• Global Services & Support
• Managed and led multiple internal teams through the proposal process by tracking milestones, due dates, deliverables and budgets, to ensure each team executed their tasks to meet customer requirements.
• Negotiated with the U.S. Government and commercial customers to place proposals on contract, ahead of schedule, while consistently exceeding return on cost profit guidelines by 10%.
• Analyzed active contracts and new business opportunities to improve revenue projections of long-range planning.

St. Louis, MO

• Boeing Military Aircraft - Production Operations
• Conducted cost/price analyses using statistical tools, market trend data and parametric models to determine if Boeing suppliers met cost requirements.
• Identified a 5% cost savings for development of priced bill of materials by optimizing quantity-range pricing on parts, involving extensive coordination with suppliers to procure parts at lower prices based on quantity.
• Streamlined the cost analysis process by performing detailed fact-finding and assessment of subcontractor proposals, resulting in a reduced cycle time of two days.

St. Louis, MO

• Phantom Works - Research & Development
• Developed, reviewed, analyzed and maintained cost and schedule performance measurement baselines and variance analyses using Earned Value Management (EVM).
• Defined, quantified and communicated cost and schedule trends in support of program goals.
• Applied financial strategies and systems to maximize cash flow and limit risk to the organization.
• Prepared estimates at complete and financial forecasts.
• Developed business cases to understand the inherent opportunities and risks with a new project.

Town & Country, MO

• Verified circuit pricing and operating performance per vendor contracts to reduce operational inefficiencies.
• Tracked circuit disconnects and verified stop bill dates to manage costs utilizing cloud technology.
• Collected and scrubbed vendor dispute summary data to identify vendor risks prior to management review.
• Researched circuits located outside the provisioning database to identify cost savings.

Weldon Spring, MO

• Analyzed product trends through requirements gathering to streamline business decisions.
• Increased customer satisfaction by driving the supply chain through Customer Relationship Management (CRM) techniques.
• Assigned Project Management initiatives including risk assessment and validation of functionality of internal systems.

Master Of Business Administration (Mba), Business Administration And Management, General

Participant in Lindenwood's excelerated MBA program

Bachelor Of Science (Bs), Accounting And Finance

Activities and Societies: Delta Sigma Pi (Professional Business Fraternity)Minors: Information Technology and International Management