Madison Area Business Consultants Member Profile - David K. Biel III, CPA

Welcome to my professional space! After working in several corporate finance roles, ranging from planning and analysis, P&L management, treasury, and controllership, I knew I wanted to work with small to mid-sized businesses where I could make more of an impact. So, I earned my CPA license and transitioned to private practice.

It's been a great road so far. The following are a few examples of businesses that I've worked with:

Controller/CFO of a growing hospitality company: Developed budgeting process, monthly review process, and management reporting. Presented to Board of Directors.

Controller/CFO of a recently-acquired manufacturing company: Cleaned up books to public company standards and successfully transitioned to new divisional CFO.

Controller of a cash constrained manufacturer: Developed detailed cash flow management tools/schedule and managed cash budgeting.

System implementation lead: Transitioned manufacturer off of legacy accounting system and onto QuickBooks Online.

Controller of growing IT company: Cleaned up books, developed estimated tax schedule for single-member LLC and ongoing close, P&L, and planning support.

Financial analyst: Took existing financials for rapidly-growing service provider, built out a five-year model with detailed assumptions and valuation.

I provide fractional controller and CFO services to clients across various industries. I have over 15 years of corporate finance experience in roles such as FP&A, treasury, controller, marketing finance, and commodities analysis. I am also a Certified Public Accountant (CPA) and a Certified Management Accountant (CMA) with a MBA from University of Wisconsin-Madison and a Certificate in Accounting from University of Washington.

My skills and expertise enable me to deliver high-quality results and solutions for my clients. Some of my current projects include streamlining the month-end close process and analyzing balance sheet accounts for a startup manufacturing company, implementing Fathom as a consolidation, reporting, and budgeting tool for a multi-entity organization, and providing financial analysis and insights for strategic decision making. In addition, I have a strong background in operations and management, thanks to my 24.5 years of service in the Air Force Reserve, where I currently hold the rank of Captain and serve as an Aircraft Maintenance Officer. I am passionate about teambuilding, process improvement, and business growth.

Qualifications

Certified Public Accountant (CPA)

Master of Business Administration (MBA)

Certified Management Accountant (CMA)

QuickBooks ProAdvisor

I have worked in the private sector in finance/accounting roles since 2007. My background has made me the “swiss army knife” of finance/accounting, having worked as a controller, treasurer, and in several different roles as an analyst. This diverse background has developed a key strength of jumping into a new situation and quickly understanding what needs to be done, as well as making me versatile and scalable, easily transitioning from G/L accounting, analysis, and reconciliation to understanding the key drivers of a business, planning, and budgeting. I am both a Certified Public Accountant (CPA) and Certified Management Accountant (CMA). Also, I am a certified QuickBooks ProAdvisor.

In addition to accounting/finance, I have served in the Air National Guard/Air Force Reserve since 1999 as an aircraft maintenance officer. I’ve gone on several deployments and am comfortable rolling up my sleeves and getting to work.

I look forward to learning how I can partner with you and and your firm to improve your finance function and streamline your business!

Services

I provide freelance financial planning/accounting. I work primarily in Quickbooks Online and Desktop and am a certified ProAdvisor. Current projects include 1) accounting cleanup for a startup company and 2) implementation of consolidation/budgeting tool (Fathom), as well as developing a first-ever budget for another growing organization.I provide freelance financial planning/accounting. I work primarily in Quickbooks Online and Desktop and am a certified ProAdvisor. Current projects include 1) accounting cleanup for a startup company and 2) implementation of consolidation/budgeting tool (Fathom), as well as developing a first-ever budget for another growing organization.…see more

Accounting • Bookkeeping • Financial Accounting • Financial Analysis • Financial Planning • Financial Reporting • Budgeting