Nannette Toups
Senior Financial Professional
Lafayette,Louisiana
Summary
Dynamic, hands-on Financial Executive with extensive financial management and reporting experience in startup and well-established privately and publicly held entities. Skilled at developing, refining, and maintaining financial, operations, human resource, and office administration strategies through all phases of the corporate life cycle. Highly adept at adapting to and communicating effectively within diverse corporate cultures.
Overview
45
45
years of professional experience
Work History
Work Respite
07.2025 - 03.2026
- To provide in-home care to a sister and an aunt on hospice
CONTRACT CFO SERVICES
Santa Fe, NM, Houston, TX, Lafayette, La.
12.2019 - 06.2025
- Provided all levels of Contract CFO services in the Real Estate, SAAS, and Oil & Gas arenas
CHIEF FINANCIAL OFFICER
Sigma Labs, Inc.
Santa Fe, New Mexico
01.2017 - 01.2019
- Improved and strengthened the financial and SEC reporting, operations, human resources, and administrative functions as the company moved from an R&D startup to a commercial operation.
- Revised financial statement reporting to bring it into compliance with GAAP and SEC standards and requirements.
- Prepared all financial information and analyses for and coordinated with the SEC attorney to ensure timely and accurate filing of all Periodic and Specific Event Required SEC Filings (including the annual 10K, quarterly 10Qs, 8Ks, S3s, Form 3s & 4s, Proxy Statements, etc.)
- Provided financial support and coordination involved in a combination of two public offerings and two private placements of the company’s equity over a 13-month period which raised $5.7MM.
- [NASDAQ listed custom software development firm]
Contract CFO & Accounting Services
Santa Fe, New Mexico
01.2014 - 01.2017
- Provided all levels of accounting services from initial set up and hands on implementation of accounting systems and processes to oversight and enhancement of existing financial, human resource and corporate administration processes, reporting and analyses.
Sr. VP - Finance & Administration
Qforma, Inc.
Santa Fe, New Mexico
01.2008 - 01.2013
- Joined the startup as Controller and, as the company grew from 19 to 48 employees over the next three years, assumed primary management responsibility for contract administration, human resources and corporate administration.
- Developed and instituted accounting policies and internal controls to bring the corporation’s financial reporting into compliance with GAAP enabling the company to present audited financials beginning in 2009.
- Worked closely with Executive and Senior Management team to develop meaningful, timely and actionable performance measures for sales and operations personnel and correlated incentive compensation plans.
- Spearheaded the purchase of CRM system SalesForce.com to improve sales pipeline and process management and its integration with contract administration and accounting systems significantly increasing the timeliness and reliability of operations input enabling real-time management of product delivery and resulting revenue recognition.
- Coordinated and managed all seller data room and financial related activities involved in the successful stock sale of the company in 2013.
- [Privately held custom software development company]
Independent Consultant
Santa Fe, New Mexico
01.2005 - 01.2008
- Provided a variety of financial, accounting and management services to individuals, entrepreneurs and a non-profit.
- Individuals – Records organization and retention advice and setup, Customized design of “user-friendly” consolidated asset portfolio analysis and reporting tools, Coaching on basic Excel worksheet skills.
- Entrepreneurs - Front-of-the-house restaurant management, General accounting, Pro-forma consolidation and presentation of financial statements for financing and insurance providers.
- Non-Profit Organization (The Regional Development Corporation) - Analysis of and corrective action plan for existing accounting system and processes, Redesign of financial reports and budgeting and analysis tools.
Controller
KSL Joint Venture
Los Alamos, New Mexico
01.2004 - 01.2005
- Oversight responsibility for all accounting and financial reporting activities. Managed and directed general accounting, financial reporting and payroll managers and their staffs to ensure compliance with all FARS, GAAP, GASB, subcontract and joint venture agreement requirements.
- Restructured the department and instituted process and procedure changes to improve internal control. Reduced the annual payroll by $291K while upgrading the level of expertise in the department.
- Lowered the number of prior period corrections by 85% and timecard entry errors by 95%.
- Increased on time payment of vendor invoices from 10% to over 95% within the first two months.
- Instituted electronic tax payment process for the first time in the history of the contract.
- Developed and implemented new tools and reports for operations results reporting and analysis.
- Site Support Services at Los Alamos National Laboratory
Controller/Treasurer
BiosGroup, Inc.
Santa Fe, New Mexico
01.2002 - 01.2003
- Primary responsibility for directing all accounting, treasury and financial reporting activities of accounting and human resources team to ensure timeliness, accuracy and completeness of invoices, payments, receipts, filings, reports, corporate records and financial statements.
- Initiated and implemented new processes, controls and procedures enhancing the timeliness and integrity of financial and management reports.
- Planned, coordinated, and facilitated more frequent, direct, and targeted communication with the internal delivery team, sales department, and foreign subsidiary counterparts and with the outside attorneys, auditors ,and banking officer to enhance the quality, accuracy and meaningfulness of information flow.
- Proactively managed the relationship with DFAS personnel to improve receipt of payments on government contract invoices from 70 to 30 days.
- Led the broad-based strategic planning of the company as a member of a five person “leadership team”.
- [Closely-held complexity science consulting company]
Louisiana Intrastate Gas Company, L.L.C. (LIG)
01.1981 - 01.1999
- Transition Projects Manager (Feb. 1999 – July 1999) – American Electric Power (AEP)
- Commercial Representative (Aug. 1997 - Aug. 1999) – Equitable Resources & AEP
- Controller (Aug. 1993 - Aug. 1997) - Equitable Resources (ERI)
- Accounting Manager, Supervisor, Financial Analyst, Senior Staff and Staff Accountant (Jan 1981 – July 1993) - Celeron, Goodyear, Tenneco, ARKLA
- Houston, Texas
Education
Master of Liberal Arts -
St. John’s College
Santa Fe, NMBachelor of Science in Business Administration - Accounting
LSU
Baton Rouge, La.CPA Certification - undefined
Skills
- GAAP and SEC Financial Reporting
- Financial and Strategic Business Analysis
- Accounting Best Practices & Principles
- Budgeting & Forecasting
- Leadership & Team Building
- Internal & External Relationship Management
- Problem Solving & Expediting
- Effective Communication & Presentation
- Corporate Transition Management
- SaaS and Oil & Gas Experience
Timeline
Work Respite
07.2025 - 03.2026
CONTRACT CFO SERVICES
12.2019 - 06.2025
CHIEF FINANCIAL OFFICER
Sigma Labs, Inc.
01.2017 - 01.2019
Contract CFO & Accounting Services
01.2014 - 01.2017
Sr. VP - Finance & Administration
Qforma, Inc.
01.2008 - 01.2013
Independent Consultant
01.2005 - 01.2008
Controller
KSL Joint Venture
01.2004 - 01.2005
Controller/Treasurer
BiosGroup, Inc.
01.2002 - 01.2003
Louisiana Intrastate Gas Company, L.L.C. (LIG)
01.1981 - 01.1999
Bachelor of Science in Business Administration - Accounting
LSU
CPA Certification - undefined
Master of Liberal Arts -
St. John’s College