WILLIAM P. C. WATSON

*** ***** *********, ****** ********, TN 37377

Home 423-***-**** ( Cell 423-***-**** ( abmacz@r.postjobfree.com

Experienced leader with over 12 years progressive advancement in financial

and strategic management. Analytical and detail-oriented with the ability

to implement well targeted process improvements that promote efficiency and

cost-reduction. Energetic and creative with a proven track record of

applying innovative approaches to problem resolution, achieving growth and

profit objectives. Successful in coaching and developing associates with

focus on creating a productive and satisfactory work environment. Skilled

in effectively communicating across all levels of corporate structure

including business associates of foreign countries.

PROFESSIONAL EXPERIENCE

OLAN MILLS, INC. Chattanooga, Tennessee ( 1996 - 2008

Vice President of Corporate Planning & Strategy ( 2004 - 2008

Director of Finance ( 1997 - 2004

Business Analyst ( 1996 - 1997

Member of a new management team charged with turning around a $500M retail

photography company consisting of over 1,000 retail locations, a 250 camera-

unit traveling church division, several manufacturing facilities, and an

international subsidiary. Reported to the CFO, with accountability for all

budgeting, financial and strategic planning, cash flow forecasting, and

treasury management. Directed the activity of up to seven direct reports,

including a Senior Business Analyst who maintained databases and reported

for all levels of the organization. Provided ongoing recommendations,

special analyses, and research to CEO relating to the company's strategic

direction and financial goals.

Notable Achievements:

. Key member of a management team turning a $20M loss to profit through

strategic and tactical changes to the business model, streamlining and

automation of processes, ongoing cost reductions, and corporate

restructuring.

. Developed and implemented a company wide first time planning and

budget process upon arrival to the company, educated associates to

understand financial statements empowering them to improve

profitability.

. Financial Advisor to Olan Mills' UK subsidiary, partnering with the

Managing Director to ensure financial goals and objectives were

achieved, while streamlining costs and ensuring business growth. Lead

finance role in the sale of this business to a private equity group.

. Partnered with retail division leaders to determine key business

metrics, developed and maintained reporting to ensure targets were

achieved. Provided feedback and business recommendations to address

budget variances.

. Implemented lockbox program for Church division accelerating cash flow

3-5 days on $50 million annually, improving cash controls and employee

accountability.

. Assisted CFO in obtaining $25 million revolving credit facility.

. Streamlined, negotiated pricing, and maintained all major treasury and

banking relationships including; credit and loan accounts, cash

accounts, payroll, lockbox, credit card processing, and investments.

FEDERAL RESERVE BANK OF ATLANTA, Atlanta, Georgia

Treasury Issues Specialist ( 1990 - 1994

Responsible for all auctions and issues of U.S. Treasury Securities through

the Atlanta Federal Reserve Bank. Interfaced with banks, brokers,

securities dealers, and the U.S. Treasury Department's Office of Financing.

EDUCATION

THUNDERBIRD SCHOOL OF GLOBAL MANAGEMENT, Glendale, Arizona

MBA in International Management ( Finance ( 1996

UNIVERSITY OF ALABAMA, Tuscaloosa, Alabama

Bachelor of Arts, (B.A.) ( Economics ( 1989

LANGUAGES Proficient in German

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