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
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