DAVID C.

COOPER, MBA
Willing to Travel 30% Houston, Texas
E-mail: dc7846ac@westpost.net (713) 376-8102
CFO * VICE PRESIDENT FINANCE
Global Senior Financial Executive whose background includes 20+ years of financi
al management success with experience overseeing financial affairs for foreign s
ubsidiaries in the UK, Australia, Germany, China, Russia, and Scotland, supervis
ing foreign Operating Unit Controllers, working for private and public companies
, and directing financial activities for two Fortune 100 companies. Demonstrated
expertise in EBITDA improvements, financial turnaround execution, treasury mana
gement, strategic planning, and financial systems implementation. Proven extensi
ve career with leading manufacturing organizations and known for turning around
under performing accounting/finance departments. Passion for continuous improvem
ents efforts at all levels in the organization.
REPRESENTATIVE ACCOMPLISHMENTS
* Managed a financial turnaround event for the company's largest facility that h
ad been losing money for several years. Accomplishments included collaborating w
ith operations managers to drive out costs, saving $750,000 per year by negotiat
ing a vendor contract, implementing strict financial controls, and accelerating
EBITDA to 15%.
* Negotiated new terms for lending agreements which improved the company's abili
ty to borrow funds; action was needed to finance a 30% growth in business equal
to $25,000,000 for newly acquired and existing product lines
* Accelerated cash flow $780,000 by obtaining a $650,000 R&D tax credit claim an
d slashing property taxes $130,000.
* Key Finance team member of SAP Enterprise Software implementation project at f
irst major integrated manufacturer in the U.S. (Fortune 500 Company).
FINANCIAL BACKGROUND/EXPERTISE
Corporate Financial Management * Treasury and Cash Management * Risk Management
* P&L and Cash Flow Management * Internal and External Audits * Equity and Debt
Financing * Credit Management * Annual Profit Planning * Internal Financial Con
trols * A/R, A/P, Payroll * Cost Accounting * Earn Out Analysis * GAAP Financia
l Statement Development * Investor and Bank Relationships * Financial Due Dili
gence * Business Valuation Analysis * Foreign Currency Hedging * Financial Forec
asting and Modeling * Financial Derivatives * Scalable Accounting Systems* Lean
Manufacturing
FINANCIAL CAREER PATH
NEOgas Inc., Houston, TX 2008 to 2009
Vice President, Finance and Administration
Privately held $28,000,000 international engineering and manufacturing company w
ith operations in US, China, and Russia. Neogas is one of the world leaders in C
ompressed Natural Gas (CNG) Technology. Primary focus was to establish accountin
g infrastructure and organization, and prepare the company for capital fund rais
ing efforts. Supervised operating unit Controllers in Russia and China.
* Prepared investment prospectus and 5 year financial model for presentation to
investment bankers and private equity funds for
$15,000,000 capital investment.
* Installed ERP System to replace outsourced accounting and inventory management
function for annual savings of $50,000
* Established Hong Kong and mainland China subsidiaries to manufacture company p
roducts.
MOGAS INDUSTRIES, INC. Houston, Texas..........................................
..............................................2006-2008
Vice President, Finance
Team: Two direct reports (Controller, General Accounting Manager) and four indir
ect reports
Turned around underperforming Finance/Accounting Department that had unresolved
audit findings, ignored treasury operation that was costing thousands of dollars
per week in lost revenue, provided insufficient financial information to senior
management team, and had no credibility with senior executives who needed accur
ate and timely financial information for business decisions.
Held financial stewardship for $100,000,000 company, and concentrated on Profit
& Loss management, EBITDA improvement strategies, treasury management, foreign c
urrency hedging, cash flow management, revenue and cost saving tactics, banking
relationships, project quotes/cost support, financial risk management and analys
is, and ERP systems implementation. Oversaw accounting, internal audits, corpora
te taxes, corporate insurance, and financial reporting. Collaborated with Board
of Directors and CEO.
MOGAS INDUSTRIES, INC. Houston, Texas (Cont)
* Leveraged $15,000,000 in Ex Im Bank credit line to finance a $65,000,000 produ
ct backlog and support $100,000,000 in annual sales.
* Designed and implemented a robust cost segregation policy regarding new buildi
ng construction projects that decreased income tax expenses and accelerated cash
flow by $100,000.
* Launched new operating units in the UK and Australia which will generate $3,00
0,000 in annual sales in the first full year of operations. Oversaw the activiti
es of attorneys, banking officials, and CPAs during organizational stage.
* Managed the migration of data to a more robust ERP system that helped the comp
any achieve long-term growth targets.
* Drove EBITDA up by $150,000 after establishing "Auto Borrow" provision with ba
nk which enabled automatic daily investment of excess cash and/or reduced outsta
nding borrowings
EIM COMPANY, INC., Houston, TX 2000 to 2006
$35,000,000 valve actuator manufacturing company with facilities in Houston, Chi
na, the Netherlands, and UK.
Corporate Treasurer / Controller
Team: Three direct reports - Accounts Payable Specialist, Accounts Receivable Pr
ofessional, HR Administrator
Immediately challenged to create a financial package for potential buyers, refoc
us company on cost savings initiatives, and overhaul financial reporting process
es. Demanding executive role focused on Profit & Loss management, financial plan
ning, cash flow and EBITDA improvements, calculated financial risk management, r
evenue and cost saving plans, A/R, A/P, Payroll, treasury management, bank relat
ionships, budget development and control, audits, corporate taxes, financial rep
orting, human resources, and other activities.
* Collaborated with internal groups, external consultants, and auditors to devel
op a new reporting and data collection system concerning IRS taxes. Project trig
gered a $650,000 refund in corporate income taxes.
* Saved $130,000 in Texas corporate franchise taxes by reclassifying sales and e
xpenses, claiming the state's exemptions regarding export sales, and decreasing
annual property tax appraisals.
* Partnered with Quality Assurance Manager and Production Group to uncover probl
ems with suppliers and internal processes that had negatively impacted the succe
ss of a new product. Actions slashed product failure rate 75%.
CAMERON INTERNATIONAL, Houston, TX 1990 to 2000
$110,000,000 subsea production control systems manufacturing division that provi
ded products to offshore E&P companies; Cameron International is a $4,000,000,00
0 company listed on NYSE and is a global supplier of equipment to the oil and ga
s industry.
Division Controller, 1998 to 2000
Team: Two direct reports: Financial Analyst and US Plant Controller; two indirec
t reports in Germany and Scotland
Collaborated with corporate office staff and Operating Unit Controllers in the U
S, Germany, and Scotland to facilitate a turnaround event as this high-profile d
ivision was losing money, lacked financial structure and controls, and had a his
tory of delinquent product delivery. Led financial activities in a demanding bus
iness environment stemming from inadequate staff levels, no structured business
culture, and intense pressure to deliver products on time and achieve profitabil
ity.
Focused on a financial turnaround event, change management, SEC reporting, inter
nal and external audit readiness, strategic and financial planning, Profit & Los
s management, cash flow management and forecasting, budget and financial forecas
ting/development, and traditional controllership activities.
* Major contributor who achieved financial turnaround success by analyzing the b
usiness, and identified $400,000 in annual cost savings. Pushed operations from
a loss to profitability within two years.
* Collaborated with Operating Unit Controllers to drive improvements in financia
l reporting, identify significant cost savings, and
facilitated change in purchasing methodologies.
* Led team of Controllers in creating a valuable quotation system that was const
antly updated with new cost information, and enabled division to deliver more co
mpetitive customer quotes.
Controller, 1993 to 1998
Team: Four direct reports - Accounts Payable Specialist, Cost Accounting Profess
ional, Staff Accountant, and Payroll Clerk
* Lowered corporate franchise taxes by $300,000 by working with corporate staff
and property tax appraisal experts to revalue inventory and fixed assets.
* Managed a negotiation team during the renewal of a major vendor contract and s
aved over $750,000 million from the original proposal.
CAMERON INTERNATIONAL, Houston, TX (Cont.)
Controller, 1993 to 1998
* Teamed with operating unit management leaders to devise and implement highly e
ffective inventory control and accounting processes and eliminate shipping error
s. Initiative was needed as plant had experienced a $900,000 inventory shrinkage
; no inventory losses occurred in the following years.
* Key Finance team member of SAP Enterprise Software implementation project at t
his site which was first installation of SAP in the company.
Senior Financial Analyst, 1990 to 1993
Assumed responsibility for newly created position of Eastern Hemisphere Financia
l Planning Analyst for $600,000,000 operating unit with 13 international locatio
ns.
Additional career information available during interviews.
EDUCATIONAL CREDENTIALS
MBA * University of Pittsburgh, Pittsburgh, PA
BA, Economics * Pennsylvania State University, University Park, PA
ASSOCIATIONS
Financial Executives International, Institute of Management Accountants