David Toohey2023-11-01T15:52:00+10:00

David Toohey
Partner

CFO, COO, CEO, Advisor / Board Member, Special Projects

About David

David has such broad and deep experience across numerous industries at the senior executive level, he is not only a financial management professional but understands business processes, systems and human requirements across most business functions. His understanding of business needs across all business functions places him in a unique position in providing greater value that is usually expected.

With over 28+ years’ experience in a variety of industries, business sizes and structures, David has genuine knowledge, care and interest in delivering on the needs of the business, the owners, and those working within it. He continually succeeds in driving practical commercial outcomes and assisting with improved business performance.

Influential Work

  • In 6 weeks as Interim CFO for a $120M parts distribution company, leading a team of 18, David saw considerable opportunity to improve systems with the existing ERP and Warehousing software. This reduced the need for one full-time staff member, whilst introducing greater efficiencies, less human error, improving supplier communication and reporting, more accurate inventory costings (45,000+ SKUs) and increased capability to scale without needing additional resources.
  • Whilst engaged as CFO of a Biotech company, through 2 capital raises (~US$40M), David developed and implemented a company-wide risk management framework and introduced business systems (including ERP) to support the business growth opportunity.
  • David developed considerable IP and established a membership-based business providing proprietary software tools and templates to accounting firms, with over 24,000 members globally.

Key Capabilities

Whilst David is an accomplished CFO, adding tangible value when in this role, it is the ability in leadership and providing a greater level of support and understanding of other business functions, and experience in innovation that demonstrates the full extent his capability in this capacity.

His many years of experience managing companies positions him as a strong advisor and being able to lead special projects that improve internal value chains and ultimately assist with the output and growth potential of the business.

Key roles include:

  • CFO (Chief Financial Officer)

  • COO (Chief Operations Officer)

  • Board and Advisory Board Member

  • Special Projects Manager

  • Systems and Process Improvement

  • Strategic Support

Key sectors include:

  • Trade Services, Engineering & Construction

  • Professional Services

  • Manufacturing & Distribution

  • Technology & Innovations

  • Intrapreneurial & Entrepreneurial Projects

Qualifications:

  • Bachelor of Business (Accounting)

  • Master of Business Administration

In his spare time:

  • Cooking

  • Time with Family and Friends

  • Camping and Travelling

Outside of FifthEagle:

  • Treasurer of QSEC

  • Treasurer of Nature Freedom

  • Chair of Mind For Me Foundation

  • Technology & Innovation

  • Driving Social Impact

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