*

Timothy Childress CFO & COO

Washington, DC +1-919-***-**** ad2i17@r.postjobfree.com

Extensive experience directing strategic and operational financial management for non-profit research, policy, global public health, environmental conservation & microfinance organizations. Senior international finance professional with progressive senior experience and a solid track record of performance in financial, strategic, and operational leadership. Proven record of designing and implementing finance transformation programs that align finance teams to organizational strategic priorities. Core competencies include:

Financial Management:

- Accounting, budgeting, payroll, forecasting,

financial modeling, and process management.

- External and management financial reporting.

- Internal controls design.

- Data analytics and decision support.

- Cost control and variance analysis.

Executive Leadership:

- Business planning & change management

- Collaboration & partnership building with

relevant stakeholders.

- Board relations - finance, audit, and investment committees.

- Coaching and mentoring.

- Recruiting and leveraging staff talent.

Investment, Treasury & Cash Management:

- Cash flow management & forecasting.

- Investment strategy design with investment

advisor & board committee.

- Retirement plan management

- Donor and receivables management.

- Bank and creditor relations.

- Debt facilities and debt service.

- Procurement.

Information Technology Management:

- Strategy focused IT development model

directing investments aligned with organization

priorities.

- Leveraged technology to improve cybersecurity,

efficiency and reduce operating costs.

- Implemented cloud technologies to foster

collaboration & mobility.

- Implemented financial & CRM systems

Risk Management:

- Federal reporting compliance.

- Business insurance.

- Pro bono legal advice coordinator.

- Cyber security infrastructure & training.

- Facility security.

- Revenue sectoral assessment.

Financial Strategic Planning and Implementation:

- Develop financial strategies.

- KPI dashboard design

- Upside and downside scenario modeling.

- Tax reporting and compliance.

- Proposal process protocols.

- Matrix of authorities / decision rights.

Selected Achievements

• Designed and implemented a business transformation program to increase revenue and improve operational focus for a nonprofit global policy organization.

• Implemented cloud based financial management systems (NetSuite, Intacct and Concur) deploying operational best practices globally. Redesigned business processes, finance policies and strengthened internal controls.

• Improved the billing and revenue processes for invoicing $650M annually from over 50 major donors. Improved and managed the external audit process reducing the cycle time to audited financial statements by 2 months.

• Strategic Restructuring – Transformed the legal and operating structure for 23 international entities from local NGO’s to regulated investible entities. Reduced tax rates on international cash movements by implementing a holding company structure. 2

Professional Experience

THE ALLIANCE GROUP, Washington, DC, USA 01/2024 – Current Consultant Chief Financial Officer Services

Providing ongoing CFO support including review of financial health and processes, maintain and enhance operating budget & financial forecast, vendor contract review & negotiations, strategic analysis, finance team leadership, board presentations, management reporting and financial analysis. THE GERMAN MARSHALL FUND, Washington, DC, USA 02/2018 – 09/2023 EVP Operations & Chief Financial Officer

The German Marshall Fund of the United States (GMF) is a non-partisan policy organization committed to the idea that the United States and Europe are stronger together. GMF champions democratic values and the transatlantic alliance by strengthening civil society, forging bold and innovative policy ideas, and developing a new generation of leaders to tackle global challenges.

• Strategic & Operational Business Transformation - Developed transformation road map, business plan and provided change management thought leadership while managing the change with flexibility and poise. Created operating models for the new organization structure. Led the process improvement project for the organization-wide lifecycle of a grant.

• Strategy, Policy and Advisory - Key strategic and operational decision maker and influencer of executive management team. Provided financial updates to the board of directors, the finance subcommittee, audit subcommittee and investment subcommittee. Developed and implemented new KPI reporting dashboard across finance, HR and IT functions. Led the development of programmatic KPI reporting.

• Accounting, Budgeting and Reporting - Led and developed a high performing goal driven finance team located in 8 offices in the US and Europe. Shortened the monthly close cycle by 1 month. Automated budgeting and introduced a new forecasting process using NetSuite. Introduced leading practices to the grant management process, added skills to the finance team and deployed automated cloud-based dashboard management reporting to programs. Oversight of external audits.

• Information Technology - Rebuilt the entire network infrastructure connecting eight offices in Europe and the US. Implemented cloud-based solutions that improved collaboration and mobility for all programmatic teams that included Exchange email, video conferencing, Ring Central phone, and NetSuite financial management and Dynamics CRM. The cloud-based strategy improved communications / collaboration, mobility of the workforce, reduced travel costs and enabled seamless work-from-home capability during the COVID-19 pandemic. Rebuilt all cyber-security infrastructure that included cyber-security training for all staff. Led rebuilding of video conferencing capabilities for large group convening for both in-person and web-based events. Oversight of website rebuild.

• Donor / Revenue Management - Developed and implemented the process and database for all revenue pipeline leads using MS Dynamics CRM integrating the prospecting / proposal processes with grant / project management improving the timeliness, quality and accuracy of data used across the organization. Designed and managed the annual revenue pipeline budget for current and future years.

• Systems and Controls - Implemented the NetSuite financial management system deploying operational best practices globally. Redesigned business processes, finance policies and strengthened internal controls. Improved internal programmatic project-based reporting reducing cost overruns.

• Administration – Outsourced facilities management for two Washington DC office buildings. Streamlined and standardized operating procedures for 7 international locations.

• Supervisory – managed the directors of finance, IT, human resources, operations, and Monitoring & Evaluation.

3

RARE, Arlington, VA, USA 06/2015 – 01/2018

Chief Financial Officer

Executive Team member for an international nonprofit behavior adoption / environmental conservation organization dedicated to inspiring change so people and nature thrive. Responsible for the finance, human resource, information technology and facilities functions.

• Strategy, Policy and Advisory - Developed a financial resilience plan to strengthen the balance sheet while delivering against programmatic strategic initiatives to ensure continuing operations. Led the Talent function globally, delivering human resource business partner services. Developed and implemented an enterprise-wide technology strategy centered on collaboration & cloud applications. Key strategic and operational decision maker and influencer of executive management team. Provided financial updates to the board of directors, the finance subcommittee and audit subcommittee.

• Accounting, Budgeting and Reporting - Led and developed a high performing goal driven finance team located in 6 international locations focused on budgeting, forecasting, project management, operations management, grant & contract management, procurement, payroll, global cash management and facilities management. Guided the budgeting process from formation through board approval and then periodic management updates to budget owners. Provided forward-looking financial forecasts to executive and operational management improving decision making & resulting in predictable outcomes from programs.

• Business Development – Launched a $20M Impact Investment Fund focused on fishery restoration in Asia. Built legal structure and processes to support this new business.

• Risk Management & Legal – Negotiated insurance contracts reducing cost and improving coverage. Negotiated terms and conditions of grant and contracts limiting foreign exchange exposure. Implemented whistle blower policy and tool globally. Leveraged $200K of pro bono legal services.

• Systems and Controls - Implemented new financial management system (Intacct & Concur) deploying operational best practices globally. Redesigned business processes, finance policies and strengthened internal controls.

• Talent, IT & Facilities – Redesigned these functional organizations to improve service delivery at a reduced cost. Redesigned country employment terms to reduce severance liability. Led a $600K redesign project of the corporate headquarters and responsible for facilities management. POPULATION SERVICES INTERNATIONAL, Washington, DC, USA 04/2014 – 06/2015 Director & Global Controller

Senior finance leader for a nonprofit global health organization dedicated to improving the health of people in the developing world.

• Accounting, Budgeting and Reporting - Led and developed a high performing US based accounting team of 30, delivering optimal services levels to donors, management, staff, and clients. Led billing and revenue team invoicing $650M annually from over 50 major donors. Improved and managed the external audit process reducing the cycle time to audited financial statements by 2 months.

• Strategy, Policy and Advisory - Member of Management Team and Strategy Development Team. Provided financial updates to the Board of Directors, Audit Committee, and Investment Committee. Designed and implemented global accounting policies and procedures.

• Business Development – Developed and launched partnership with microfinance and building organizations to establish a sanitation (toilets) project in India.

• Systems and Controls – Re-implemented Concur to leverage controls for travel expense reporting and automated the procure-to-pay process. Delivered training globally improving the controls and integrity of the financial management function globally. 4

FINCA INTERNATIONAL, Washington, DC, USA 05/2009 – 04/2014 Director & Global Controller for a financial services organization reporting on US GAAP & IFRS.

• Strategic Restructuring – Transformed the legal and operating structure for 23 international entities from local NGO’s to regulated investible entities. Implemented finance transformation program improving accounting processes and standardized global external reporting to IFRS. Led acquisition of international subsidiaries and integration of financial reporting and corporate governance. Reduced tax rates on international cash movements by implementing a holding company structure.

• Accounting, Budgeting and Reporting - Designed and implemented global accounting policies and procedures. Delivered training globally. Improved consolidation and reporting process for 35 international entities to IFRS and US GAAP Recruited and hired subsidiary CFO’s.

• Business Development – Launched partnership to finance and sell solar lanterns in Uganda.

• Management and Services - Operationalized cost recovery, global cash management & transfer pricing across subsidiary network. Reducing the cycle time to audited financial statements by 3 months. Upgraded external auditor relationship to Big 4 firm.

• Investor Relations - Strengthened Governance oversight of international subsidiaries through participation on; Board of Directors for Latin American subsidiaries; Audit Committee Member for African and Latin American subsidiaries; Risk Management Committee; Capital Planning Committee and served as Deputy CFO.

ACCENTURE, Raleigh, North Carolina, USA 08/2006 – 03/2009 Senior Manager – Finance Transformation, Merger Integration & Shared Services.

• Shared Services - Designed, built, and deployed 3 financial shared service centers for a national healthcare provider. Designed and implemented the Shared Services Change Management program and Work Force Transition program impacting 250 associates for a $23 Billion Fortune 100 office products company.

• Training & Knowledge Transfer - Developed 800 hours of shared services process training to transfer knowledge for the accounts receivable, accounts payable, revenue & cash, tax exempt and payroll processes.

• Merger Integration - Integrated the finance & accounting operations & the ERP application support for a $325M revenue global testing service provider into an outsource center in 4 months. Delivered the solution to 7 countries. Implemented Oracle 12 for a multinational telecommunications company. Led finance functional team.

Other Positions Held:

CFO for PIONEER INTERNATIONAL INC, Manila, Philippines Principal Consultant for PRICEWATERHOUSECOOPERS, Melbourne, Australia Corporate Controller for COMPAGNE FINANCIERE RICHEMONT, Zug, Switzerland Senior Auditor for KPMG, San Francisco, USA and Zurich, Switzerland Education & Credentials

CPA CALIFORNIA – Certification inactive as of 2021 B.A. ACCOUNTING – Graduated Cum Laude, Arizona State University, Tempe, AZ A.A.S. FOREST TECHNOLOGY – Ranger School, State University of New York, Wanakena, NY

Contact this candidate