David Wallace Email & Phone Number

Texas, United States

Willow Park, Texas, Us

Willow Park, Texas, Us

Controller for FTS International, a $1.4B publicly traded company and one of the largest providers of hydraulic fracturing services in North America. FTS International services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production companies in shale and other unconventional resource formations. Company was acquired by ProFrac in March 2022.

Arlington, Texas, Us

Demilec is a major manufacturer of polyurethane spray foam and coatings based in Arlington, Texas with operations in the US and Canada. Demilec was acquired by the Sun Capital private equity group in 2013.Responsibilities include consolidated financial reporting, general ledger and cost accounting, financial analysis, payroll, taxes, payables, fixed assets, internal controls, month-end close and financial audit.

Ft. Worth, Tx, Us

Weir SPM is a market leader in well service pumps and high pressure flow control equipment.Responsible for GL Accounting, customer credit, Accounts Receivable and collections, Accounts Payable and Global Financial Reporting. Manage closing and reporting process for multiple entities including P&L and Balance Sheet analysis, intercompany account reconciliation, review of journal entries and account reconciliations, and coordinate global closing schedule. Prepare monthly financial reports including consolidated financial statements. Manage staff of ten (10) degreed accountants as well as clerical staff. Prioritize accounting focus areas and participation in company projects. Manage banking functions including cash accounts (lockbox, disbursements, payroll), commercial credit cards, reloadable cards, and payment processing. Manage fleet program with over 150 vehicles company-wide. Oversight of travel and entertainment policy and procedures for expense reimbursement including evaluation and recommendation of new expense reporting system. Coordination and oversight of property tax and sales tax reporting.

Ft. Worth, Tx, Us

Managed General Ledger Accounting, month-end accruals, account reconciliations, Accounts Receivable, Accounts Payable and Global Financial Reporting. Managed staff of seven (7) degreed accountants. Assisted with preparation of monthly financial reports. Managed vendor master in ERP system and reviewed all vendor payments. Analyzed DSO and Past Dues and prepared monthly management reports. Managed day to day fleet processes and issues and maintained fleet database. Implemented 3rd party payment processing program in order to efficiently process electronic payments. Coordinated annual audit as main contact for external auditors and insured successful outcome. Managed transfer of banking services and accounts to JP Morgan Chase. Proposed, tested and implemented ERP system changes to improve controls and reporting.

International Extrusion Division - manufacturer of diversified lines of quality aluminum and vinyl products.Responsible for division accounting and financial analysis. Closed monthly books and prepared monthly financial statements. Managed staff accountants including prioritization of workload and oversight of work flow. Provided variance analysis and other management reporting. Managed and coordinated monthly forecast and short-term budgeting process. Closed monthly books for Division - includes booking and reviewing journal entries, pulling system reports, and analyzing operating results and account balances. Prepared monthly reports to monitor and promote process improvements.

Espoo, Southern Finland, Fi

Volume Operations - Managed planning and reporting of operating results and balance sheet for seven factories around the globe utilizing SAP and Essbase. Developed division reporting package for management team. Managed and coordinated monthly forecast and short-term budgeting process. Completed the monthly close process including journal entries, system reports, and analyzing operating results and account balances. Developed and prepared monthly scorecard reports with various financial and non-financial business measures for business units within division. Designed and prepared monthly reports to improve efficiencies in the reporting process. Reviewed accounting policies and practices for compliance with GAAP and led benchmarking project to harmonize accounting practices among different factories worldwide.Sourcing - managed Americas Time Zone inventory reporting and forecasts including Days of Supply, Excess and Obsolete, Supplier Liability and Scrap. Worked with multiple business units to set Excess and Obsolete reserves in compliance with GAAP. Led project to reduce and control excess and obsolete inventory. Prepared monthly inventory reports and analysis of changes in inventory and reserve balances. Developed database to facilitate communication of inventory information to end users. Reviewed inventory internal controls for SOX compliance. Calculated excess and obsolete inventory provision proposal for multiple business units. Managed and reconciled general ledger inventory balances. Provided inventory reports to management at local, regional, and global level on weekly, monthly, quarterly and ad hoc basis. Prepared documentation of inventory management processes for external auditors.

Houston, Texas, Us

Regional Financial Controller for North Texas, Oklahoma, and Kansas City Regions. Implemented activity-based cost accounting system at five manufacturing plants using SAP. Responsible for management of G/L Accounting including A/P, A/R, month-end close, inventories and fixed assets and ensured compliance with GAAP. Prepared financial reports, forecasts, budgets, variance analysis reports, and ad hoc reports. Acted as strategic business/financial partner to Sales & Operations Managers. Prepared comparative evaluation of actual cost against budgets with variance analysis. Developed and distributed regional reports to local management and corporate office. Made recommendations to management regarding cost saving opportunities and profitability improvement strategies. Prepared financial modeling and analyses to support the decision making process. Supervised regional/plant accounting staff. Maintained internal controls including inventory control and procedures.

Horsham, Pennsylvania, Us

Prepared financial statements and other key management reports. Managed month-end reporting cycle in SAP. Managed consolidation and reporting of US financial results to parent company. Prepared audit schedules and assisted external auditors. Supervised general accounting and accounts payable staff. As Financial Analyst managed cost accounting and updated standard costs in SAP, prepared sales and expense analysis reports, and participated in annual budget preparation and review. As Staff Accountant assisted with financial reporting package, reconciled bank statements and GL accounts and prepared various journal entries.

London, Gb

Industries audited: manufacturing, retail, and non-profit. Responsible for detailed audit of cash, other current assets, other assets, accounts receivable, accounts payable, prepaids, accrued liabilities. Tested control risks and performed substantive procedures ensuring accuracy of financial statements. Made internal control recommendations to clients.

Master Of Science (Ms), Accounting

Bachelor Of Science (Bs), Accounting