CFO THOUGHT LEADER

915: Where Finance Always Comes First | David Parsons, CFO, Zuto


Listen Later

When David Parsons tells us that he remains concerned about the whereabouts of his 20-something-year-old self, we realize that our talk with Zuto’s CFO is going to be different from most of those that we undertake with today’s finance leaders.

According to him, “Thirty-nine-year-old Dave is looking at mid-20s Dave and asking, ‘What are you thinking?!‘”

Some further probing on our part reveals that “mid-20s Dave” was roaming the English countryside on weekends as part of a wedding band, as well as a member of other assembles—including a popular Michael Jackson tribute act.   


“I just went down this rabbit hole where I was working weekends as a musician and doing studio work in the evenings,” explains Parsons, who adds that his weekend music tours would often book-end 70-hour workweeks in corporate finance.


“I don’t mind working the hours, if I get to do what I love doing,” continues Parsons, who began serving in a succession of FP&A roles once he was safely beyond his 20s.


“I have not necessarily built my career by trying to fill niches and gaps on my c.v., which is, by the way, a good way of going about things—but it’s just not for me,” remarks Parsons, who notes that he began to find his work increasingly satisfying as he moved into a number of commercial finance roles, which eventually led him to accept a position with UK-based automobile finance and loan company Zuto.


“Basically, we begin by placing a customer with a lender and a preapproval, which means that we can tell them with a very high degree of accuracy whether the lender is going to accept them,” reports Parsons, who points out that Zuto deploys a sizable team of car-buying experts who can offer customers one-on-one service for vehicle history checks, free vehicle valuation checks, and the like.


Parsons recalls that at the time that the CFO role opened up at Zuto roughly 5 years ago, he was overseeing FP&A. Nonetheless, although the company was evaluating other CFO candidates, he knew that in the end he was a good fit—and not necessarily because of his familiarity with the business.


Says Parsons: “It really comes down to being a cultural fit, and for me, I found that this business is doing something that I believe in.” –Jack Sweeney

...more
View all episodesView all episodes
Download on the App Store

CFO THOUGHT LEADERBy The Future of Finance is Listening

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

117 ratings


More shows like CFO THOUGHT LEADER

View all
Accounting Best Practices with Steve Bragg by Steve Bragg

Accounting Best Practices with Steve Bragg

256 Listeners

Masters in Business by Bloomberg

Masters in Business

2,171 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

508 Listeners

PwC's accounting podcast by PwC

PwC's accounting podcast

182 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

176 Listeners

Founders by David Senra

Founders

1,798 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,288 Listeners

Workplace Champions by Brett Knowles & Jack Sweeney

Workplace Champions

30 Listeners

M&A Science by Kison Patel

M&A Science

124 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,963 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

175 Listeners

CFO Weekly by Personiv

CFO Weekly

42 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

335 Listeners

Planning Aces by Brett Knowles & Jack Sweeney

Planning Aces

1 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

80 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

140 Listeners

Moneywise by Hampton

Moneywise

637 Listeners