Todd Lawrence, CPA, CGMA

Experience

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  Deloitte & Touche

  Jan 1990 - Jan 1993

  Audit Senior
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  St. Jude Medical Ctr

  Jan 1993 - Jan 1994

  Accountant
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  Swenson Corporation

  Jan 1994 - Jan 1999

  Senior Auditor

  Swenson Corporation is a regional Public Accounting Firm focused on privately held middle market companies in Southern California.

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  Senior Aerospace, Capo industries Division

  Jan 1999 - Jan 2012

  Capo Industries was a $40 - $50M manufacturer of components and sub-assemblies in the regional and business jet engine market. - Increased trade payables terms with existing vendors through up front communication and negotiation. Created and maintained trade payable terms with new vendors in line with industry norms. - Decreased office equipment lease costs by 40% while increasing capabilities of equipment and systems through negotiation of new leases with existing and new vendors. - Maintained an overall positive cash flow in 3 year period during an economic downturn which reduced annual revenues by 50%. - Implemented an inventory physical count process that reduced the time for reconciliation and variance analysis by 300%. - Introduced a cycle count program that increased accuracy of perpetual inventory records by 70%. Show less Capo Industries was a $40 - $50M manufacturer of components and sub-assemblies in the regional and business jet engine market. - Reduced month end close process from over 1 month to 1 week. - Increased the accuracy of obsolete, excess, and damaged inventory valuation by 80%. - Gross Profit increased by 25% by providing analysis of under performing product and for profitability estimates on new product bids. - Implemented new ERP system with no lost production time and shipping times. - Company's expert on accounting/ERP system(s). - Provided analysis, calculations, and documentation that enabled the company to reduce taxes by > $1M utilizing credits for research and development activities. - Designed and implemented the company's product costing systems; building from no system to a manual system to a fully integrated system. Show less

  • CFO

    Jan 2009 - Jan 2012

  • Controller / IT Manager

    Jan 1999 - Jan 2009
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  Forest Home, Inc.

  Jan 2012 - Jan 2015

  Senior Director of Finance / CFO

  Forest Home is a christian conference center and camp focusing on providing a place for all to hear the gospel of Jesus Christ, explore the Word of God, pursue God's call on their life, engage in Christ-centered relationships, and connect with God through His creation. - Brought in new insurance broker for employee benefits plan and reduced overall costs of insurance by more than 10% while increasing benefits offered to employees. - Created operating plans in 2 consecutive years that provided for employee raises for the first time in over 3 years. - In 2 years brought operating results from a negative $350k to break even through increased revenues and cost reductions and containment. - Devised and implemented plan to incorporate the Affordable Care Act (ACA) provisions that reduced the impact of ACA by over 60%. - Successfully negotiated coverage with property insurance carriers for significant portion of storm losses incurred in 2014. Show less

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  FDS Manufacturing

  Dec 2015 - Aug 2019

  Controller
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  Wilson Ivanova Certified Public Accountants, Inc., APAC

  Sept 2019 - now

  Partner