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David Taylor

CFO

David is a highly experienced Fractional CFO Bridgewater and goal-oriented business leader with a demonstrated track record of leading companies through change to achieve improved efficiencies and stronger financial performance. With proven expertise in process improvement, financial planning and analysis, and extensive experience working closely with Sales and Operations, David is a talented leader who helps businesses achieve sustainable growth through strategic CFO services and financial leadership.

He has served as a Board Member of the Canadian division of the Chartered Institute of Management Accountants (CIMA) since 2022 and is also a member of the Canada Mentoring Committee. His leadership has been recognized globally through multiple awards, including KONE’s Global Profitable Growth Award in 2020 and 2021 and the Global Best Balance Sheet Award in 2020.

David is part of the Atlantic Canada team and is based in Bridgewater, Nova Scotia. As a Fractional CFO, he helps businesses across the region improve financial performance, navigate change, and achieve their growth objectives.

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Track record highlights

  • Improved company performance from losing $1M cash and profit per annum to making a $1M of profit and cash flow in 24 months through implementing management information, tools and targeted restructurings.
  • Boosted productivity through implementing and enhancing processes in collaboration with business leaders.
  • Sustainably reduced aged AR by 80% through partnering with business leaders and implementing effective change.
  • Improved management information through process improvement and implementing effective tools.
  • Re-organized finance teams for optimal integration with the operation to drive better business performance.
  • Created and led a successful company-wide EBIT action plan netting $2M through a variety of cost-saving actions.
  • Doubling profit during tenure as CFO of $350 Million Canadian elevator and escalator business.
  • Evaluated and integrated target company acquisitions as part of a successful growth strategy.
  • A passion for mentoring people. Led, developed and mentored organizations and teams of all sizes. Member of the Chartered Institute of Management Accountants (CIMA) Canada Mentoring Committee since 2022.

Sector Experience

  • healthcare: Private health services
  • technology-media-telecoms: Telecommunication networks, Software and website solutions
  • retail-consumer-products: Mobile phones
  • Engineering: Elevator, Escalator Fire & Security systems
  • Services: Elevator, Escalator, Fire & Security systems

David's specialist skills

Cash flow Improvement

Partnered with business leaders to enhance their profit and cash flow

Business Planning

20 years of experience developing actionable budgets and plans

Management Information

Creating effective tools needed for business success

Financial Operations

Led and inspired Finance teams for transformational performance

Systems and Controls

Protected financial integrity through intelligently applied controls

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