David Doyon
Kailua-Kona,HI
Summary
Accomplished financial executive with over 30 years of experience in both private and public sectors, specializing in the development and execution of strategies that enhance organizational performance. Expertise in leveraging strong leadership and analytical skills to drive revenue growth, improve operational efficiency, and maximize profitability. Recognized for cultivating collaborative environments that empower teams to achieve ambitious goals while adeptly navigating complex financial landscapes. Committed to delivering sustainable results through innovative financial solutions and strategic foresight, ensuring long-term success for the organization.
Overview
25
25
years of professional experience
Work History
Chief Financial Officer
ROC USA, LLC
Concord, NH
01.2010 - Current
- Became the first CFO of the organization, responsible for the financial performance of all entities, ROC USA, LLC, and Resident Ownership Capital, LLC, and Integrity Community Solutions, Inc. ROC USA, LLC is a national CDFI and provides loans to limited equity cooperatives in the affordable housing space with a portfolio of close to $400 million in loans. The organization employs a loan participation strategy to maximize lending capital and allow the organization to eventually serve as many states as possible. Integrity Community Solutions, Inc., acquires and manages manufactured housing communities.
- Organizational Strategy and Results
- Together with the President and executive leadership team, develops the strategy to ensure that the organization has the financial resources needed to achieve its current and future goals, while mitigating financial and operational risk
- Serves as a key advisor to the board of directors, and convener of the finance and audit committee
- Develops and maintains effective working relationships with key financial partners including funders, LLC Members, lenders, partners, government agencies, consultants, and vendors
- Management and Reporting
- Oversees organizational budgeting, accounting, and cash management to ensure accurate reporting, interpretation, and analysis of financial results in conjunction with forecasts and long-range plans
- Manages and supports the preparation of the annual consolidated corporate audit and tax returns
- Establishes and maintains controls to safeguard assets; documents and makes improvements to internal financial management policies and procedures
- Manages and monitors the organization’s cash flow and capital needs
- Supervises the Accounting Manager and accounting staff on day-to-day operations that includes, but is not limited to, month/year end close, accounts receivable & payable, financial reports, payroll, invoicing, cash receipts and disbursements
- Asset Management
- Reviews key legal agreements, including grant, guarantee, CDFI FA, CMF, bond, contract, and/or loan agreements
- Reviews key operating agreements for real estate owned, including management, loan, equity and other agreements
- Ensure loan closing sources and uses are balanced and parties are paid in accordance with agreements and standards for real estate closings
- Monitor the Company’s operating performance and compliance and work closely with President and COO to identify key issues and solutions
- Community Development Financial Institution with revenues of $14 million and assets of $180 million.
Faculty
Southern New Hampshire University
Manchester, NH
01.2001 - 01.2022
- Full-time faculty in the Accountancy and Taxation Department. I have taught a variety of classes and have been a subject matter expert for various publishers of textbooks in my field.
- Developed our graduate program in professional accountancy designed for students going into public accounting.
- Primary teaching responsibilities:
- Consolidation accounting
- International accounting
- FARS course for that section of the CPA exam
- Financial accounting
- Largest online university in the United States with revenues of $750 million.
Co-owner
Lantern Inn Bed and Breakfast, LLC
NH
01.2017 - 01.2021
- Performed accounting services and prepared all financial statements and tax returns.
- Featured in the 2019 spring edition of an international magazine titled Bed and Breakfast because of our commitment to excellence and strong professional standards.
- My wife and I owned a five-room bed and breakfast in the Lakes Region of New Hampshire.
Education
MBA -
Southern New Hampshire University
Manchester, NHBS - Accounting
University of Southern Maine
Portland, MESkills
- Financial strategy development
- Budget management
- Financial analysis
- Financial policy creation
- Corporate leadership
- Investor relations management
- Regulatory Compliance Knowledge
- Corporate governance
- Budget development
- Business forecasting
Timeline
Co-owner
Lantern Inn Bed and Breakfast, LLC
01.2017 - 01.2021
Chief Financial Officer
ROC USA, LLC
01.2010 - Current
Faculty
Southern New Hampshire University
01.2001 - 01.2022
BS - Accounting
University of Southern Maine
MBA -
Southern New Hampshire University