William Leak Email & Phone Number

A fractional CFO, providing financial services to multiple organizations on a contractual basis Financial planning and strategic financial guidance and analysis to help a company align its financial operations with its long-term goals. Improve cash flow management, monitor cash balances, and arrange for debt and equity financing. Financial reporting of results to the senior management, ownership, board of directors and auditors. Develop financial strategy, including raising capital, investment decision making, and analyzing company profit and loss. Financial systems development and improvement with recommendations on new software and negotiation of office space and equipment leases. Technology integration of financial technology tools to streamline their work processes. Help secure funding and establish a line of communication with the funding source. They can also network and attend industry events to identify potential clients. Advise on contractual aspects include consulting with legal professionals to draft contracts that outline the scope of work, payment terms, and expectations.

Weymouth, Ma, Us

COO/CFO – Accounting/Admin/Operations/Human Resources/Facilities – Oversee day-to-day accounting and administrative operations while providing strategic leadership to streamline finance and business operations. Managed submittal of fiscal budget for Board approval, including new compensation plan approval, increasing salaries by $500K agency wide. Oversaw $6M purchase of 30,000 sf building by securing public bond and private financing to move administration, expand pre-school services and establish first South Shore dyslexia learning center while increasing potential revenue by $7M. In conjunction with architects, developed a $4M capital plan to renovate new facilities. Conversion from legacy general ledger to QuickBooks. Outsourced and enhanced IT services for risk management, hardware, software upgrades and daily management. Implementation of enrollment, billing, tuition, and payments system, converting from a manual General Ledger-based AR to Enrollsy child management software.

Integrate Prime Automotive Group – owned real estate and dealerships’ financial and accounting processes into existing operations. Build accounting infrastructure and develop financial reporting, monthly close process, audit, budget, treasury and debt analysis. $56M CAPEX management streamlining CIP financing, capitalization and rent factoring for real estate valued at $115M, increasing annual revenue by $10M while eliminating or selling off poor performing stores. Manage ongoing real estate financial operations and yearly audits.

Manage day-to-day financial operations, HR and payroll for $5M privately-held company with high value inventory, leveraged debt and limited cash flow. Oversight of treasury, compliance and cash management for work-out with bank lender. Improved projected over-advance by $500K and a positive asset-to-debt ratio. Restructured CFO position overseeing accounting, HR and payroll. Developed and restructured financial operations to implement liquidation plan, sell off all assets and negotiate bank debt settlement. Liquidation resulted in $1.8M loan forgiveness, tax relief and property disposal to benefit of ownership.

Private Equity-backed Mental Health CompanyFinance Director – Futures Behavior Therapy CenterDeveloped, executed and managed 100 Day Plan for onboarding and integrating $5M Autism Behavioral Center acquisition’s financial operations, human resources, payroll and administrative functions into existing corporate structure. As Finance Director, responsible for accounting, billing, accounts receivable, genera l ledger, financial reporting, payroll and year end audits.EHR/ADP Implementation Manager and Lean Process Improvement Electronic Health Record system implementation, ADP payroll conversion and lean process improvement manager to the new management team of a private equity-backed for-profit mental health care organization with $90M in annual billable revenue. o Strategic and finance implementation manager for Credible electronic health record system implementation. Developed tiered regional implementation strategy for 21 clinical locations. Built revenue billing matrix, accounting practices, general ledger integration, accounts receivable, billing and financial monthly close process. Designed Business Intelligence reporting to track revenue, service analysis and KPI reporting.o Project Manager for ADP Vantage Payroll conversion of two monthly payroll cycles for 1K employees, general ledger integration, and HR benefit management. o Transitioned general accounting and monthly close procedures, financial reporting, balance sheet analysis and accounting operations for staff accountants and organization management. 2013 audit analysis and preparation for 2014 year-end and performance review. o Financial system automation for close processes, 2014 bank audit, ad hoc GAAP and balance sheet analyses for fiscal year reporting.

Consumer Products, Social Media, e-Commerce, Capital Investments- Develop and present business plans, finance and monetization models.- Plan and implement sales, advertising, user acquisition and marketing (traditional & guerilla) strategies.- Source IT solutions (software, hardware, and cloud computing) to integrate with web development.- Identify, value and present opportunity to capital markets and other financing options.- Build operational infrastructures for finance, accounting, budget, equity, compensation, & Human Resources.

Oversee ongoing restructuring of sales, production and operations during advertising-cycle downturn. Manage finance, accounting operations, budget, compensation, 401K and Human Resources. Design and implement new accounting practices. Overhauled accounting, advertising, production and editorial network systems.

Launched entrepreneurial concept to food manufacturer with products placed in large grocery chains, specialty food outlets, and major distributors. Developed and managed business, accounting, manufacturing and distribution operations. Designed and constructed infrastructure in support of sales, marketing, brand and packaging design.

Provided consultation for strategic planning and business development. Developed financial tools to quickly analyze domestic and international manufacturing operations and quantify sales projections to ensure stability of S-Corp and Trust.

Kutztown, Pa, Us

Day-to-day accounting management, financial integrity and business operations to ensure an orderly conversion to SAP accounting system with Generally Accepted Accounting Principles (GAAP) achieved. Managed $100M financial reporting submittal to Government Accounting Standards Board.

Mba, Strategic Finance & Management

Ba, English