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An executive financial leader with a double major and a proven track record of driving change throughout an organization, stream-lining processes, and partnering with senior management to achieve strategic goals. Experienced in internal controls, budgeting and forecasting, cash management, general ledger, financial analysis, auditing and the development and implementation of company procedures and systems. Committed to team development through leadership, prompt feedback, and empowering staff to learn new skills. Ability to utilize interpersonal skills to comfortably work with all levels of an organization.
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Chief Financial OfficerUnited Way Of Forsyth County Jul 2021 - PresentWinston-Salem, North Carolina, United States
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Interim Chief Financial OfficerBaptist Retirement Homes Of Nc Jul 2020 - Jan 2021The financial member of the senior executive management team with full responsibility for all aspects of the accounting functions of the organization. Manages the general ledger, accounts receivable, accounts payable, billing and payroll functions of the corporation. Responsible for the financial reporting and budgeting for the 4 retirement communities, the corporate office and the BRH Foundation. Works with potential residents to ensure they meet the financial requirements to become a valued resident within the community. Works closely with residents and staff on billing issues with Medicare, Medicaid and private payers. Attends periodic Board and Finance Committee meetings as the financial authority of the organization. User of the MatrixCare accounting system and manages a staff of 4. -
Chief Financial OfficerGreensboro Housing Authority Apr 2017 - Mar 2018A member of the executive management team with full responsibility for the accounting, compliance, IT and HR functions at the Authority. Worked closely with HUD and the governmental regulations to ensure that funding requirements are met for the Authority. Helped administer various voucher programs within the organization. Ensured financing was available for the conversion of GHA public housing communities to Rental Assistance Demonstration (RAD). Attended monthly Board meeting as the Financial Executive. Proficient with Yardi accounting software. Managed a staff of 18.
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Chief Financial Officer/ControllerGreensboro Country Club Feb 2010 - Jan 2017A leader of the organization’s senior management team focused on strategic long-term planning with full responsibilities for all aspects of the accounting function for this 1,300+ member Club with two distinct facility locations. Led the development of the financial reporting model of Club departmental operations, capital project management and debt reduction of this $14,000,000 operation. Presented the financial position of the Club at the monthly Board meetings. Directed the Accounts Receivable, Accounts Payable and Human Resources staff of four. Proficient with Microsoft Office, NorthStar accounting system and Club essentials website design. • Reduced the Club’s line of credit debt from $11,000,000 to $3,500,000 over a 6 year period while Club membership continued to decline by an average of 20-25 members per year.• Stream-lined the monthly accounting closing process by approximately 5 days enabling Board of Directors to get financial results quicker allowing them to act on Club strategic direction faster. • Coached food and beverage management team to help reduce labor metric by over 5% of sales. • Developed and monitored the Key Performance Indicators (KPI) of each department and met regularly with the Department Heads to improve their operational performance. • Successfully led a total system conversion implementation of the entire Club IT platform with no interruption in Club operations. • Tightened controls over capital project spending while overseeing annual projects ranging from $900,000 to $1,400,000 per year while at the same time continuing to reduce the Club’s bank debt. • Maintained the fixed asset tracking and reporting system of the Club’s $40,000,000 assets. -
ControllerDisaster One, Inc Jan 2004 - May 2009An integral member of the management team with focus on the company’s strategic growth position. Fully responsible for all construction accounting, accounts receivable and accounts payable functions of this $8,000,000 operation. Managed a support staff of three. Proficient with Microsoft products and Master Builder accounting system. • Managed accounts receivable and the cash flow position enabling the company to open 2 new offices in Charlotte, NC and Atlanta, GA within a 3 year period.• Developed internal controls and improved company procedures and systems resulting in job profit margins improvement of 4-5% or $600,000 in contribution margin.• Implemented a company-wide safety program reducing lost time accidents and saving thousands of dollars in workers compensation claims.• Strengthened procedures for reporting percentage of completion data on projects allowing jobs to be invoiced and/or draws requested much sooner allowing for improved cash flow position. -
Cost/Operations AnalystBurlington Industries Jan 1995 - Jan 2004Coordinated and prepared monthly financial reports, forecasts and budgets of various divisional operations for the largest and most profitable division (Lees Carpets). Prepared and analyzed product cost sheets for the numerous product lines in the carpet division. Managed Accounts Payable and Operations Support staff of three. Helped design and lead a resourcefulness program for the carpet division resulting in increased sales and cost savings totaling over $1,200,000 annually. Developed variance analysis reports of the operational cost centers and product line performance and made recommendations for improvement to senior management which resulted in changes to sales and marketing strategies for launching or discontinuing product lines impacting the division’s bottom line. -
Senior Internal AuditorBurlington Industries Jan 1992 - Jan 1995Tested and evaluated manufacturing, administrative and financial controls at all company locations and made recommendations for improvement to management. Reviewed company procedures at the plant and corporate level to ensure compliance. Supervised and managed a staff of one to five depending on the size of the audit. Planned, organized and supervised audit fieldwork within the allotted budget and time-frame 100% of the time. Presented audit findings and improvement recommendations to senior management. Rewrote and developed new audit scope sheets and standards for the fieldwork resulting in reduced time at the audit location and saving money on performing the engagement.
Bill Stone Skills
Bill Stone Education Details
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University Of North Carolina At GreensboroAccounting -
Business Administration
Frequently Asked Questions about Bill Stone
What company does Bill Stone work for?
Bill Stone works for United Way Of Forsyth County
What is Bill Stone's role at the current company?
Bill Stone's current role is Chief Financial Officer/Controller.
What is Bill Stone's email address?
Bill Stone's email address is b.****@****occ.org
What is Bill Stone's direct phone number?
Bill Stone's direct phone number is +133628*****
What schools did Bill Stone attend?
Bill Stone attended University Of North Carolina At Greensboro, University Of North Carolina At Charlotte.
What are some of Bill Stone's interests?
Bill Stone has interest in Kayaking, College Sporting Events, Canoeing, Basketball, Coaching Children, Home Repairs, Landscaping.
What skills is Bill Stone known for?
Bill Stone has skills like Accounting, Auditing, Financial Reporting.
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