Summary
Overview
Work History
Education
Skills
EARLY CAREER
Accomplishments
Work Availability
Work Preference
Software
Languages
Websites
Timeline
Generic
DAVID RICHARDS

DAVID RICHARDS

Midland,TX

Summary

Finance professional prepared to manage financial operations and drive organizational success. Proven expertise in budgeting, regulatory compliance, and financial reporting. Known for collaborative approach and adaptability in dynamic environments, leveraging analytical skills and leadership to achieve results.

Overview

30
30
years of professional experience

Work History

Financial Controller

WATER RUNNER, LLC
01.2024 - 09.2024
  • Coordinated the post-sale valuation of Water Runner LLC.
  • Acted as Subject Matter Expert during the transition from Quickbooks to NetSuite.
  • Streamlined the A/P process, bringing Accounts Payable Aging to a Current Status.
  • Improved the Accounts Receivable Aging, reducing past due balances by 11%.

Executive Director of Finance

COLORADO SCHOOL DISTRICT
12.2022 - 05.2023
  • Cash Management/Investments, Financial Accounting/Reporting, Financial planning/budgeting, Insurance/Risk Management, Labor Negotiations, Payroll, Purchasing, Fixed Assets, Audit coordination, GAAP, GASB, ERP evaluation, Benefits, Supervision, Capital planning.
  • Implemented a policy and procedure for downloading hundreds of credit card transactions monthly, for upload into ERP system.
  • Reduced credit card processing time by 5 days, and decreased entry errors by eliminating human keypunch errors.

CFO/CONTROLLER (contract)

SELF
02.2016 - 12.2022
  • Refined A/P and A/R processes, reducing inefficiencies and improving processing speed.
  • Provided outsourced Controller services for SPACs, including monitoring ownership group contributions, advising on SEC filing timing, and ensuring IPO compliance.
  • Spearheaded the conversion from cash-based to accrual accounting in accordance with GAAP, ensuring regulatory compliance and improved financial accuracy.
  • Developed a 60-month business plan and cash flow model leading to Chapter 11 emergence within 12 months.
  • Established robust month-end close processes, including journal entries, account reconciliations, and executive financial reporting.
  • Created a consolidated project financial performance view for the Pipeline division, improving project analysis and profitability strategies.
  • Designed purchase order and accounts payable systems for new facilities, ensuring accuracy and timely financial processes.
  • Developed initial monthly reporting packages for local and corporate management, enabling timely and informed business decisions.

CFO

GREEN TREE COUNTRY CLUB
02.2014 - 01.2016
  • A/P, A/R, Sales/Use tax, mixed beverage sales tax, human resources, payroll, benefits, food and beverage inventory, golf retail inventory, food and beverage sales, retail golf sales, golf course maintenance, golf course capital program/improvements, and clubhouse capital improvements.
  • Directed a change in payroll providers driving cost savings and productivity increases, reducing payroll processing by two days bi-weekly.
  • Implemented procedure for credit card processing reducing credit card fees 70% monthly.
  • Streamlined and improved the monthly journal entry process by creating an Excel template to automatically upload entries into accounting resulting in fewer entry errors and reducing entry time.
  • Maintained over 95% of Accounts Receivable Aging as current by communicating with members to understand their situation to be proactive in assisting them in the event of financial difficulty.

Economic Analyst

NEW LANDINGS
05.2011 - 02.2014
  • Analyzed impact to local economy by hiring the unemployed, providing them with disposable income to support local business and contribute to the local tax base.
  • Developed initial budget for start-up organization.
  • Represented NL at chamber of commerce functions, career fairs, and assisted in development of promotional materials.
  • Analyzed, documented, and obtained testimonials regarding economic impact of those re-entering the workforce and benefit derived by companies hiring NL members.

Data Analyst

CBIZ
05.2006 - 04.2010
  • Analyzed commission structure of producers, reporting performance findings to executive management.
  • Converted monthly reporting package given to C-level executives from a bulky binder to a simple, easy to use online version allowing for “what-if” views of financial statements, using BI tools.
  • Drove commission accounting performance by providing guidance and analysis to the accounting management team in data analysis and reporting.
  • Supported the CFO with regular business reporting, analysis and problem solving, with a high level of expertise in data extraction from databases and information sources, improving the monthly Scorecard process by 51%.

Education

Master of Business Administration -

University of Phoenix
Kansas City, Missouri

Bachelor of Science - Accounting

California State University, East Bay
Hayward, California

Skills

  • Intacct
  • Kloud Gin
  • Oracle
  • SAP
  • Microsoft Office (Excel, Word, Outlook, Access, Powerpoint)
  • Hyperion
  • Essbase
  • JCL/NOMAD
  • Webfocus
  • JONAS
  • Quickbooks
  • Abila MIP Fund Accounting
  • Syteline
  • Excalibur
  • Sage 50 (Peachtree)
  • IVisions (School ERP Pro)
  • NetSuite
  • Cash flow management
  • Accounts payable and receivable
  • Fixed asset management
  • General ledger management
  • Process improvement
  • Variance analysis
  • ERP systems expertise
  • Financial planning
  • Budgetary planning
  • Accounting management
  • Budget development
  • Budgetary coordination
  • Balance sheet management
  • Month-end and year-end closings
  • Non-profit accounting
  • Payroll processing
  • Audit preparation
  • Account reconciliation
  • Financial statement review
  • Commission calculation
  • Team oversight

EARLY CAREER

  • CAPGEMINI – Finance Manager
  • BLACK HILLS ENERGY/ZOUIRE MARKETING GROUP – Fixed Asset/SOX Analyst/Marketing Analyst
  • SPRINT – Program Manager
  • GES EXPOSITION SERVICES – Senior Financial Analyst
  • CHEVRON – Senior Financial Analyst

Accomplishments

Developed an access database to capture accounting data, improving data accuracy by 51%

· Created initial budget. With no company or industry experience delivered a comprehensive, challenging budget corporate within two months of my start date. Started in October and deliver the budget to corporate in December.

· Directed a team of District Finance Directors for a multi-billion-dollar corporation, Fortune 150company, overseeing the coordination and execution of the annual budgeting process to ensure alignment with corporate objectives. Consolidated and analyzed monthly financial data from assigned districts, delivering comprehensive variance analysis and actionable insights to C-suite executives for external reporting to Wall Street.

· Directed a change in payroll providers, resulting in cost savings and productivity increases, and reduced payroll processing time by two days bi-weekly. This effort also eliminated timesheet fraud.

· Maintained over 95% of Accounts Receivable Aging as current by proactively communicating with members to understand their situations and assist them during financial difficulties.

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Work Preference

Work Type

Full Time

Work Location

On-SiteRemoteHybrid

Important To Me

Company CultureWork-life balance401k match

Software

Quickbooks

Netsuite

SAP

Languages

English
Native or Bilingual

Timeline

Financial Controller

WATER RUNNER, LLC
01.2024 - 09.2024

Executive Director of Finance

COLORADO SCHOOL DISTRICT
12.2022 - 05.2023

CFO/CONTROLLER (contract)

SELF
02.2016 - 12.2022

CFO

GREEN TREE COUNTRY CLUB
02.2014 - 01.2016

Economic Analyst

NEW LANDINGS
05.2011 - 02.2014

Data Analyst

CBIZ
05.2006 - 04.2010

Master of Business Administration -

University of Phoenix

Bachelor of Science - Accounting

California State University, East Bay