Dave Banks In 60 Seconds...
Senior Financial Executive | Expert in Growth, Operations, and M&A
With over 25 years of experience in multinational manufacturing, Dave has led financial and operational transformation across a wide range of companies—from small private firms to $200 million international subsidiaries of billion-dollar corporations. Holding an MBA and CMA, Dave specializes in business planning, financial modelling, and strategic growth.
Dave has extensive operational leadership experience, having managed operations in Canada and Asia and spearheaded improvements in manufacturing, supply chain, and product development. For the past 13 years, he has served as a fractional CFO for SMEs, helping owners navigate growth, optimize cash flow, and drive financial performance during both prosperous and challenging times.
A seasoned M&A expert, Dave has successfully advised on buy-side and sell-side transactions across diverse industries, business sizes, and market conditions.
Specialist Skills
Budgeting & Forecasting
Thirty+ years of building forecasts and budgets in various industries of various sizes and complexity.
Business Planning
Built multiple long-term business and financial plans and models.
Cash Flow Improvement
Significant work in lowering receivables and improving inventory turns into major improvements in supply chains and manufacturing processes.
Profit Improvement
In-depth analysis of the customer/product margin mix to improve overall gross margins.
Leadership
Highly trained and experienced leader of change management and continuous improvement practices.
Track Record Highlights
- Led a complete due diligence effort in the successful sale of bicycle component business to a major US company.
- Led complete due diligence effort in successful sale of bicycle components business to major US company.
- Managed forecasting and cash flow through early stages of AI/Machine learning start-up in the mining space leading to first round of financing from PE.
- Established Asian based contract manufacturing and complete supply chain for Vancouver based bicycle components manufacturer.
- Led senior level team executing major manufacturing/product rollout with major international customer.
- Built simple/complex long term financial business plans/models for multiple business in multiple industries.
Sector Experience
- Construction: Demolition
- Manufacturing-Transport-Logistics: Automotive, white goods, engineered products
- Mining-Resources-Energy: Both traditional service and Tech startup
- Retail-Consumer-Products: CPG in Canada, High end bicycle components both North American and Internationally
- Technology-Media-Telecoms: AI/Machine learning start up in mining service space
Looking For Something Specific?
Tell us what you're looking for and in as little as 48-hours of contacting us, we'll arrange a meeting with a Fractional CFO from our team of 100+ who has the experience you need to help you achieve the numbers that really matter to you. Let us save you (valuable) time searching. Contact us.