Summary
Overview
Work History
Education
Skills
Additional Information
Timeline
Generic

David Schlothauer

Las Vegas,NV

Summary

Accomplished Financial Director with a proven track record at Hexpol Compounding, adept in strategic leadership and financial reporting. Expert in enhancing profitability through cost control and efficient budget preparation. Skilled in fostering team development and executing mergers and acquisitions, significantly improving financial accuracy and operational efficiency.

Overview

31
31
years of professional experience

Work History

Financial Director

Hexpol Compounding
2017.04 - 2023.03
  • Enhanced financial reporting accuracy by streamlining data collection and analysis processes closing month in three days with reporting completed.
  • Collaborated with executive leadership to establish long-term financial objectives for organization.
  • Partnered closely with other departments to drive initiatives aimed at achieving overall organizational success from financial standpoint.
  • Trained and mentored eight finance team members, fostering culture of continuous improvement and professional development within department.
  • Reduced operational costs through effective budgeting, forecasting, and expense management.
  • Supported mergers and acquisitions activities by providing accurate valuations of target companies and overseeing due diligence processes.
  • Negotiated contracts with vendors to keep costs under control.

CFO

Mitchell Rubber Products, Inc.
2004.02 - 2017.04

Oversaw budgets, payroll, and accounts payable and receivable.

  • Reduced operational costs by identifying areas for improvement and implementing cost-saving measures across various departments.

Prepared accurate financial statements at end of month to summarize financial health and business performance.

  • Conducted detailed analysis of company financial information and oversaw preparation of related reports.
  • Spearheaded implementation of new financial reporting system, resulting in more accurate and timely data for decision-making purposes.
  • Managed relationships with external auditors, ensuring a smooth and efficient annual audit process with minimal findings or issues identified.
  • Oversaw preparation and submission of all tax filings, mitigating potential risks associated with noncompliance.
  • Mentored finance team members, fostering culture of professional growth and skill development within department.
  • Drove revenue growth by developing pricing strategies that maximized both sales volume and profitability.
  • Presented financial results to board members and investors during quarterly meetings, maintaining transparency in communication regarding company performance.
  • Facilitated successful mergers and acquisitions by conducting thorough due diligence analyses and providing strategic guidance throughout process.
  • Refined internal control procedures, strengthening overall integrity of financial data captured within system.
  • Managed and led direct reports to handle controllership, treasury and corporate finance functions.
  • Completed in-depth analyses of risks to control company profile, enhance systems, and track legal concerns.
  • Analyzed operational issues and implemented corrective action to maximize profits.
  • Prepared accurate financial statements at end of quarter to summarize financial health and business performance.

CPA

Self-employed
1992.06 - 2004.02

Preformed temporary CFO services for clients.

  • Developed comprehensive financial strategies aligned with the organization's goals, driving revenue growth and cost reduction initiatives.
  • Facilitated smooth transitions during periods of organizational change by providing effective leadership over finance-related matters.
  • Negotiated favorable terms with vendors and suppliers through diligent research and communication skills that positively impacted the company''s expenses.
  • Identified potential areas of cost savings through comprehensive variance analysis reports, contributing to improved bottom-line results.
  • Implemented internal controls to safeguard company assets, minimizing instances of fraud or mismanagement.
  • Reviewed monthly journal entries and reconciliations to find and resolve variances.
  • Prepared accurate and timely financial statements compliant with GAAP standards, presenting concise information to stakeholders.

Education

MBA - Accounting

California State University-Fullerton
Fullerton, CA

Bachelor of Arts - Political Science

Colorado State University
Fort Collins, CO

Skills

    • Strategic leadership
    • Team Development
    • Cash Flow Management
    • Credit analysis
    • Pricing strategy
    • Audit management
    • Working capital management
    • Cost Control
    • Internal Controls
    • Budget Preparation
    • Reporting Requirements
    • Mergers and Acquisitions
    • Financial Policy Development
    • Reporting compliance
      • Organizational Skills
      • Financial reporting and analysis
      • KPI Tracking
      • Risk Mitigation
      • Profitability analysis
      • Business Forecasting
      • Performance metrics evaluation
      • Problem-Solving
      • Decision-Making
      • Team Building Leadership
      • Relationship Building
      • Data Analysis
      • Financial Reporting

Additional Information

United State Marine Corps Officer

Timeline

Financial Director

Hexpol Compounding
2017.04 - 2023.03

CFO

Mitchell Rubber Products, Inc.
2004.02 - 2017.04

CPA

Self-employed
1992.06 - 2004.02

MBA - Accounting

California State University-Fullerton

Bachelor of Arts - Political Science

Colorado State University
David Schlothauer