Summary
Overview
Work History
Education
Skills
Work Availability
Timeline
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DAVID THOMAS

North Branch,MINNESOTA

Summary

Seasoned Chief Financial Officer focused on helping companies accomplish missions and drive growth. Expansion-minded professional versed in navigating complex financial challenges.

Overview

16
16
years of professional experience

Work History

CFO

Wilcox Automotive LLC
Forest Lake, MN
03.2017 - 09.2022


  • Directed operations with over 290 million in annual sales, growing over 100 million in 5 years.
  • Managed over a 50 million plus inventory, selling over 6000 units annually and installing a 60 day turn
  • Oversaw deployment of strategic business plans to accomplish accounting, compliance and revenue targets.
  • Guided operations that saw over a 40% annual return on investment
  • Administered over 200 employees, supervising H/R functions and implementing company wide policies and procedures


CFO/Controller

Jeff Belzer's Todd Chevrolet Inc
Lakeville, MN
06.2012 - 02.2017


  • Oversaw the largest high-volume five-state area dealership, managed 3 franchises and administered personnel, and drove 190 million in annualized revenue
  • Negotiated financing for purchase of 2 new dealerships/commercial real estate, directed balance sheet/equity set up, computer conversion, and established company wide operating controls
  • Sourced/established strategic vendor relationship, competitively secured financing for expanding service department from 20 to 50 bays, doubled parts inventory capabilities , and positioned the company for further growth

CFO/Senior Financial Consultant

ROI Financial Consulting LLC
Farmington , MN
10.2009 - 05.2012


  • Consulting with emerging business owners, strategizing/implementing business development, accounting, and MIS plans, and positioning companies for successful ventures
  • Evaluating business financial requirements, developing/budgets and forecasts, providing cash flow and capital equipment acquisition analysis
  • Sourcing/recommending insurance needs, optimizing business coverage and minimizing operating expense and risk
  • Consulted with the Van Tuyl Group in Nebraska and the Kaplan Group in Vermont to organize acquisitions and implementation of on-going operations


CFO/Area Controller

Walden Automotive Group
Minneapolis, MN
11.2006 - 09.2009


  • Directed 17 franchised dealerships operations, recruited, directed, and motivated management, oversaw the performance of over a 1000 personnel and drove 750 million in annual sales revenue
  • Managed 70-million operating budget, strategized/implemented financial controls and accountability systems, increased profit margins and maximized return on investment
  • Centralized accounting and inventory functions, reducing redundancy and optimizing inventory turns


Education

Bachelor of Science - Accounting

University of Minnesota-Duluth
Duluth, MN
05.1986

Bachelor of Arts - Economics

University of Minnesota-Duluth
Duluth, MN
05.1985

Skills

  • System Installation Management
  • Leadership and People Development
  • Corrective Actions
  • Budgetary Controls
  • Consulting
  • Accounting principles

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline

CFO

Wilcox Automotive LLC
03.2017 - 09.2022

CFO/Controller

Jeff Belzer's Todd Chevrolet Inc
06.2012 - 02.2017

CFO/Senior Financial Consultant

ROI Financial Consulting LLC
10.2009 - 05.2012

CFO/Area Controller

Walden Automotive Group
11.2006 - 09.2009

Bachelor of Science - Accounting

University of Minnesota-Duluth

Bachelor of Arts - Economics

University of Minnesota-Duluth

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