David Belferman

Finance Manager at CW Bearing USA, Inc.
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Contact Information
Location
Troy, Michigan, United States, US
Languages
  • German Native or bilingual proficiency
  • French Full professional proficiency
  • Finnish Limited working proficiency
  • Dutch Limited working proficiency
  • Swedish Elementary proficiency

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Brian Cotterman

During my tenure as cost manager for Delphi I worked with Dave Belferman on development of cost models. Dave is a strategic thinker and talented problem solver. Dave’s passion for his work is evident in the quality and accurate cost models he developed. I consider Dave to be a proficient communicator and his multilingual skills were an asset to the team. He regularly mentored other team members to help them succeed at a higher level.

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Experience

    • United States
    • Industrial Machinery Manufacturing
    • 1 - 100 Employee
    • Finance Manager
      • May 2018 - Present

      Manager responsible for project financial returns and profitable global manufacturing expansion. Manage banking relationships and coordinate global cost estimating.- Created new dynamic cost model for quotation, establishing project ROI, OP and EBITDA- Work closely with Comptroller on General Ledger accounting using SAGE software- Calculate weekly P&L for the Michigan production facility- Collaborate with the Plant Manager in Mexico to ensure successful project launch- Manage relationships with two major bank lenders

    • United States
    • Media and Telecommunications
    • 100 - 200 Employee
    • Business Consultant
      • Jan 2018 - Jun 2019

      Independent specialist in financial reporting, dashboard architecture and cost analysis. Analyze clients’ goals to formulate proposals, statements of work and action plans. Craft comprehensive solutions using a uniquely creative approach to challenges. Provide data research, supply chain risk analysis, logistics and warehousing optimization, product costing and pricing, project profitability and other services.• Supported planned IPO by a Florida-based media company with a flexible, multi-faceted structure enabling highly customized P&L, revenue and cost reports, extracting data from reports from 68 global entities.• Created clear training materials to reporting personnel to ensure proper functioning of the VBA coding in the lean template for reuse with each new monthly closing.

    • Software Development
    • 700 & Above Employee
    • Teamcenter Product Cost Managment Software Consultant
      • Jan 2016 - Jul 2017

      Software installation configuration and customization for clients. Focused on product line costing, project management and financial reporting. Drafted SOW in response to RFP• Booked over 1,500 billable hours with revenue exceeding $300,000.• Conducted on-site user training in the use of TcPCM with new and existing customers.• Programmed interface mapping between customers’ product costing model and TcPCM via Visual Basic (VBA) for data conversion to populate customer templates for P&L, Capital and EBIT.• Managed SQL Server databases for customer ERP data in conjunction with TcPCM upgrades.• Designed configuration for a Discounted Cash Flow (DCF) report to export from the TcPCM into a template with standard GAAP depreciation schedules, working capital, IRR and NPV calculations.

    • United Kingdom
    • Motor Vehicle Manufacturing
    • 700 & Above Employee
    • Global Cost Leader / Manager
      • 2003 - 2015

      Led the Cost Management Group, which books over $200M annually in cost savings in product sourcing from the annual operating plan. Member of the Business Processes & Planning Team. • Realized over $5 million in savings as Cost Leader.• Built the Total Cost Model, ISM award-winning logistics and inventory cost optimization tool.• Identified $3 million in cost reduction/avoidance opportunities.• Automated the Common Assembly Model for 11 distinct material categories.• Ensured compliance with internal controls.• Trained over 300 purchasing professionals in Europe, Asia, NA and SA. Led three corporate e-Learning modules.• Instituted the Mentor Program to foster promising talent in the field of Cost Management.

    • Senior Financial Analyst
      • Apr 1995 - Feb 2003

      Financial support and management in collaboration with cross-functional Product Development Teams. Constructed business cases based on DCF analysis working with product designers, industrial engineers, supply management and sales representatives. • Wrote Appropriation Requests for projects collectively valued at over $1.0 billion• Tracked equipment, tooling and prototyping expenditure.• Liaison to customer cost optimization engineering.• Achieved Cost avoidance of over $2 million collaborating with engineers and buyers. • Trained in SAP at its headquarters in Walldorf, Germany.

Education

  • Darla Moore School of Business
    MIBS, Finance, Import-Export
    1988 - 1990
  • The George Washington University
    Master of Arts (MA), International Relations and Affairs
    1984 - 1987
  • Georgetown University
    Bachelor of Science (B.Sc.), Foreign Languages, Literatures, and Linguistics
    1975 - 1979

Community

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