David Parrish - Controller, VP

W. David Parrish, CPA / MBA

*** ******* ******, ********, ** 30071

804-***-****; ***************@*****.***

FINANCE AND ACCOUNTING MANAGEMENT

Experienced accounting/ financial executive with proven record of building finance organizations that serve as business partners with all disciplines within the enterprise - driving improved profitability, transparency and teamwork. Demonstrated strengths include:

Business planning – budget/forecast

Business decision support

Internal reporting – key metrics/results

Internal controls and policy development

Controllership duties

Manage relationship with external auditors

Cost accounting and capital planning

Coordination of tax compliance and planning with preparers and advisors

Talent selection, development and retention

Scandinavian Tobacco Group, Lane Ltd. Atlanta, GA 2011 to Sept 2016

$105M U.S. subsidiary of Danish parent STG A/S ($1B). Manufacturer and marketer of consumer tobacco products for U.S. and selected export markets.

Vice-President, Controller

Selected as accounting leader for the newly acquired STG Lane Ltd ($105M) business in 2011 - served on the acquisition valuation and integration teams in 2010 - 2011

Built highly competent accounting team to replace finance /accounting shared services provided by former parent company and an affiliate (RAI, Inc., and American Snuff Company)

Successfully transitioned SAP “carve-out” ERP instance from RAI and recruited IT staff

Developed and implemented new accounting policies and internal controls consistent with SOX / STG corporate guidelines for financial reporting and asset stewardship

Member of 3 Year Strategic Plan development team along with CEO, VPs of Sales, Marketing and Operations. Presented to STG A/S management team in Copenhagen

Led annual Plan and quarterly Forecast development that includes full financial statements (P&L, Balance Sheet and Cash Flows), Volume/Category & Brand Profitability/ KPIs/Capital Spending/Working Capital

Accounting team produces monthly reporting package that includes: financial statements, volume trends, manufacturing results, category/brand performance, forecasted cash flows, and trend/ variance commentary

Coordinated all tax compliance, planning and audit matters with our preparers /consultants - PwC

Treasury / risk management coordination with STG Copenhagen group treasury to include relationships with domestic bank and risk management broker

Provided extensive business decision support for Sales, Marketing and Supply Chain

General Cigar Company Richmond, VA 2009 to 2011

$110M subsidiary of Swedish Match North America that was contributed to the joint venture between Swedish Match and Scandinavian Tobacco Group – now part of Scandinavian Tobacco Group

Finance Director

Led accounting team responsible for financial reporting, annual plan and forecast development, manufacturing accounting (including factory controllers in Dominican Republic, Honduras and Nicaragua), treasury, tax, and financial planning & analysis functions.

Built separate General Cigar accounting department from Swedish Match in preparation for joint venture

Swedish Match North America Richmond, VA 2000 to 2009

$600M US subsidiary of Swedish Match AB; Manufacturer and marketer of tobacco products

Senior Manager, Business Planning and Analysis

Reported to CFO and led strategy, annual plan and forecast processes.

Served as key finance liaison for commercial organization (sales, marketing and trade marketing).

Implemented brand level P&Ls and spending reviews with VP Marketing and brand management

Developed decision support models to support commercial organization – variable contribution, ROI.

James River Corporation Richmond, VA 1989 to 2000

$8B Consumer and Commercial Towel &Tissue / Dixie Cups / Consumer Packaging

Senior Manager, Business Planning & Analysis (1995 -2000)

•Led annual plan and forecast process across 4 key business units - commercial and supply chain

•Part of team that presented monthly results to CEO/Chairman

•Team prepared a monthly suite of key business unit metrics reports for senior management - commercial and supply chain

•Business decision support analysis

Manager, Internal Reporting (1989 – 1995)

•Managed team responsible for preparation of all consolidated financial statements

•Management reporting to include P&L, Balance Sheet, Cash Flows, Working Capital and Business unit results/ key metrics

Prior Work Experience

Robertshaw Controls Company Richmond, VA

$500M manufacturer of set-back thermostats, hot water heater controls, and other temperature / pressure controls

Various positions culminating in Manager of Accounting

•Responsible for all transactional accounting and general ledger

•Consolidated financial statements

•Interface with auditors – PwC (Coopers & Lybrand)

Auditor of Public Accounts – Commonwealth of Virginia

•Audited governmental agencies of the Commonwealth of Virginia

Education

Randolph-Macon College – Bachelor of Arts – History

Virginia Commonwealth University – 36 hours of Accounting

James Madison University - MBA

Professional Certifications

Certified Public Accountant (CPA) – Commonwealth of Virginia

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