David Bailey

International Controller CPA, MBA

Provo, Utah, United States

About

Highly experienced accounting professional with more than 20+ years of experience. Extensive operational experience leading controllership teams in large, public, multinational company. Working as business partner to meet business goals and objectives. Extensive experience in North and Latin America, bilingual, speaking English and Spanish fluently. Charged with launching operations in 4 new markets of Latin America (Peru, Colombia, Argentina, and Chile). Highly competent and trusted by business partners in helping to make business decisions and clearly explaining accounting concepts and outcomes. Also experienced in Financial Analysis , product pricing and costing. Proven ability to analyze business outcomes and find ways to improve, standardize, and use best practices.

Experience

  • Chief Financial Officer at Echo H2O
    Dec 2023 - Present · 2 yrs 7 mos

  • Financial Controller at Tentamus Group
    May 2023 - Dec 2023 · 8 mos

  • Director of Finance at Nu Skin Enterprises, Inc.
    Feb 2018 - Mar 2023 · 5 yrs 2 mos

    Managed accounting team of 25+ team members in all aspects of the finance function over 7 different markets throughout the America's segment of the business (>350M Revenue). Worked closely with corporate finance to assure implementation and adherence to corporate finance policy. Assured compliance to US GAAP for US consolidated financial reports, while adjusting for IFRS where necessary in international markets. Worked closely with the FP&A function to assure adherence to budgets and meeting business goals. Collaborated closely with other business functions, i.e. sales, marketing, IT, and supply chain to assure directions and initiatives were meeting business objectives and goals. Involved in upgrading and implementing financial closing software (blackline), spend management software (Coupa) , and other financial software’s, i.e. lease management (Nakisa) and expense management (Concur).

  • Nu Skin Enterprises, Inc. (Provo, Utah, United States · On-site)
    • Regional Controller
      Jul 2010 - Jan 2018 · 7 yrs 7 mos

      Directed the monthly closing process for the America's segment of Nu Skin Enterprises. Worked with markets to assure smooth documented closing processes. Analyzed and tested local financial controls to assure adherence to corporate policy and SOX requirements. Worked closely with external auditors to complete yearly audits in all markets. Supported other business functions with financial reporting and guidance where needed. Mentored and guided a team of 25+ professionals. Successfully launched operations in Argentina, Colombia, Peru, and Chile working closely with new market development. Became familiar with LATAM taxation local requirements. Successfully Launched Nu Skin's business model in several different business environments.

    • USA controller
      Apr 2004 - Jul 2010 · 6 yrs 4 mos

      Lead a team of 4 accountants in all aspects of financial accounting to support the US Market of Nu Skin (>150M revenue). Assured adherence to monthly closing procedures and US GAAP reporting. Worked closely with External "big 4" auditors to complete yearly audits. Partnered with FP&A and the business to improve adherence to budgets and improve financial modeling.

    • USA assistant controller
      Aug 1998 - Apr 2004 · 5 yrs 9 mos

      Assisted the US controller with monthly closing process. i.e. Bank and GL account reconciliations, AP, Payroll, Sales Tax, Treasury, and yearly audit.

  • Staff Accountant at Concentra Managed Care
    May 1994 - Aug 1998 · 4 yrs 4 mos

    Monthly finance processes, i.e. Taxes, Payroll, Treasury, and month end close. Presented financial statements to management. Completed bank and GL account reconciliations. Worked closely with investment bankers who purchased and resold the company over a 3 year period. Provided them with monthly and daily finance updates.