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Manager Management

Location:
Newport Beach, CA
Posted:
October 05, 2012

Contact this candidate

Resume:

Email address

*******@***.***

First Name Middle Last Name Suffix Maiden Name

William C Bousema N/A

Work Phone & Ext Toll Free Phone Fax Phone Home Phone

949-***-****

Cell Phone Pager Personal Web Site Address

949-***-**** 949-***-**** www.WilliamBousema.com

Secondary E-mail

****@**************.***

Address City, State

Zip

1815 Port Tiffin Place Newport Beach CA 92660

Month/Year Hired Month/Year Left Total Years with Company

Sep 1979Sep 1981 2

Office Division Title

Orange County Audit Manager

Country Other Employment Details

(Previous positions, duties, or fun info)

United States

Company Name

Position

The William Bousema Company, LLCPresident & CEO

Company Web Site

http://www.williambousema.com

Company Size (employees) Est. Company Revenue Industry

1-10 Consulting

Do you hold any professional certifications?

(Separate with commas)

CPA

Other Current Employment Details

(Description of Position)

Birthday Marital Status Spouse's Name Anniversary

Dec 22 Married

Children's Names & Ages

c Copyright Andersen Alumni Association 2012. All Rights Reserved.

Bousema,Bill resume.doc

WILLIAM C. BOUSEMA

CPA

www.williambousema.com1815 Port Tiffin Place 949-***-**** Newport Beach, CA 92660

****@************************.***

Senior leader with financial and operations experience gained at public, private and

venture capital backed entities and Big 4 CPA firms. Successful, highly committed team

player with excellent interpersonal, negotiations, communication and problem solving

skills. Expertise includes:

Strategic Planning and Implementation Mergers, Acquisitions and Divestitures Public and

Private Financing Board and Investor Relations Budgeting and Cash Management Key customer

and vendor relationships

EXPERIENCE

William C. Bousema & Associates, Newport Beach, CA 2001- present

Founder & Managing Director

A management advisory services and contract CFO firm. Manage up to 17 people.

Implemented policies & procedures, GAAP financials, budgeting process and business plan

for services firm.

Lead finance and accounting team, including financing, planning, process improvement and

collections.

Coach CFOs on improving board relations and board presentations, and on staff and

functional area organizational development and improvement.

United Fuel & Energy Corporation, Midland, TX and Orange, CA 9/2008-5/2009Executive Vice President, Chief Financial Officer and Corporate Secretary

A $850,000,000 publicly traded fuel distributor with 120 sites in five states with 250

employees

Led accounting, planning, risk, credit & collections, legal, tax, & relations with

lenders, board & investors. Responsible for 45 employees at turnaround company .

Initiated company-wide budgeting, cash management plan, and processes to improve

reporting and controls.

Hired accounting, planning, tax, credit & collection team when relocating Texas

headquarters to Orange, CA.

Proactively renegotiated the reset of loan covenants to avoid default on $85,000,000

credit facility.

Completed sale of $61,000,000 non-strategic operating division resulting in $12,000,000

of cash proceeds.

The Scotland Group, Inc., Newport Beach, CA 2006-2008Special Consultant (CFO duties)

A corporate turnaround management firm

At client companies, responsible for operations, human resources, vendor management,

cash, accounting, IT, and relations with private equity groups owners and lender groups.

Developed and implemented 18 initiatives that resulted in turning around a regional

medical equipment distributor from a $17,000,000 annual loss to annualized EDITDA of

$2,000,000 in nine months.

Primal Solutions, Inc., Irvine, CA 2004-2006Senior Vice President, Chief Financial Officer and Corporate Secretary

A $10,000,000 publicly traded software development & services (SaaS) firm with world-wide

customer base

Led finance, IT, SOX S404, board & investor relations, sales contract administration,

legal, and SEC matters. Responsible for eight people.

Led equity and debt financing transactions, and restructured acquisition debt that

resulted in extending the cash runway by $3,300,000 needed to reach positive operating

cash flow.

Negotiated and successfully closed on multi-year seven-figure contracts with Fortune 500

customers.

Starwire Corporation, InformIns, & CompGeeks, Inc. 1999-2001Chief Financial Officer

A Sequoia Capital portfolio SaaS media firm; a SaaS start-up; & $100,000,000 pre-IPO e-

commerce firm

Developed board package, PKI dashboard, implemented processes and controls across

organization. Initiated quarterly rolling forecasts across organization

Negotiated multi-year major software services and support contracts with customers

Led first-time through 3-year audit for IPO, and included establishing corporate

governance.

WILLIAM C. BOUSEMA Page Two

American Family Holdings, Inc., Newport Beach, CA 1996-1999Chief Financial Officer

A $200,000,000 funded land and golf resort development firm having 6,000 investors.

Developed, recommended and implemented investor liquidity event strategies.

Teamed with project managers and development consultants to maximize profitability.

Aquatec, Irvine, CA 1995-1996Chief Financial Officer & Executive Committee Member

A $17,000,000 pump manufacturer with 90% international customer base. Managed 20

employees.

Led company-wide team that initiated product costing, purchasing, inventory and

collection processes that resulted in increasing cash flow $400,000 and reducing inventory

on-hand requirements.

Led international outsourcing products program that resulted in increasing profits by

$600,000 and cash flow $800,000, and reduced the operating cycle from 93 days to 65 days,

a 30% improvement.

William C. Bousema & Associates, Newport Beach, CA 1987-1995

Founder & Managing Director

A management advisory services and contract CFO firm. Managed up to 9 people.

Teamed with owner, raising $39,000,000 JV financing for $80,000,000 real estate

development.

Teamed with commercial property managers to maximize value from $200,000,000 in assets.

(An addendum of selected client companies engagement available)

The Irvine Company, Newport Beach, CA 1986-1987Chief Financial Officer - Land Management division

A $300,000,000 revenue division managed 20 joint ventures building 2,400 homes, and 1,500

ground lease sites

Spearheaded highly profitable $5,000,000 lease-to-fee sales program. Gave presentations

to Owner.

H.B. Development Company (Denny s Restaurants founder), Tustin, CA 1981-1986Chief Financial Officer, General Manager, & Board Member

A high growth $250,000,000 revenue holding company developing four restaurant chains,

held investments in real estate, agriculture and operating companies. Employed 2,000

people. Responsible for 75 employees.

Arranged $100,000,000 credit facilities with six lenders and led two acquisitions and

venture investments.

P&L responsibility for two operating companies with $5,000,000 revenue, improved profits

by 40%.

Arthur Andersen, Audit Manager, Irvine, CA 1979-1981

KPMG, Audit Supervisor, Minneapolis, MN & Los Angeles, CA 1976-1979

Cook Industries, Inc. (NYSE: CKI), Des Moines, IA and Minneapolis, MN 1973-1976Regional Controller (promoted from branch accountant) - Led the acquisition integration

for the $200,000,000 region of number two-ranked company in the grain processing and

merchandising industry. Managed 16 people.

EDUCATION & CERTIFICATION

Certified Public Accountant- Active License- State of California, 1978

Past Adjunct Professor of Business- Vanguard University, Costa Mesa, CA

Bachelors Degree, B.A. Accounting, Dean s List- Dordt College, Sioux Center, IA, 1973

PROFESSIONAL & COMMUNITY AFFILIATIONS

American Institute of Certified Public Accountants

Past President - Financial Executives International Orange County chapter

Past Board member- Second Harvest Food Bank of Orange County

Past President- Newport Hills Homeowners Association at Harbor View Homes

Former Little League Baseball Coach- AA division city championship team



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