Information Technology Human Resources

Barry T. Leonard, CPA, MAcc, MBA

**** ********* ***** *********, ** 27282 336-***-**** *************@*****.*** www.linkedin.com/in/barrytleonard

CAREER SUMMARY

Motivated, versatile, and well-respected financial and operations executive with more than 25 years of experience leading cross-functional teams in various industries. Adept at leveraging results from financial analysis to drive strategic direction. Skilled at utilizing technology to develop integrated systems for financial reporting, forecasting, and planning to optimize cash management and cost reduction. Effective communicator throughout the various levels of an organization. Consistently exceeds expectation by building high performing teams which embrace cross-functional communication and continuous process improvement. PROFESSIONAL EXPERIENCE

Hospice of the Piedmont, Inc. – High Point, NC May 2021 – Present Chief Financial Officer

Sets the financial direction for the organization to drive organizational growth and community impact. Develops annual comprehensive operating and capital budgets. Responsible for the oversight of organization’s endowment funds. Leads the Finance, Information Technology, Revenue Cycle Management and Facilities functions. Serves as the plan administrator for the Defined Contribution Benefit Plan 403 (b). Responsible for all financial and operational external relationships such as banking, insurance, and public accountants.

• Partners with external advisors to develop sound investment strategies to deliver targeted growth objectives without risking the organization’s reserves.

• Directs process improvement efforts by leveraging relevant technologies to improve operational effectiveness and efficiencies.

• Led a strategic planning committee in the review and restatement of the organization’s mission and vision statements, core values, and long-term strategic objectives. United Way of Forsyth County, Inc. – Winston-Salem, NC July 2018 – May 2021 Chief Financial Officer

Set the financial direction for the organization to drive organizational growth and community impact. Led the organization’s strategic planning process. Developed comprehensive operating and capital budgets. Responsible for the oversight of organization’s endowment funds. Led the information technology and human resource functions. Served as the plan administrator for the Defined Contribution Benefit Plan (401 (k)). Responsible for all financial and operational external relationships such as banking, insurance, and public accountants.

• Developed Investment Policy Statement (IPS) which minimized the loss and maximized the gain in value during economic downturns and related recoveries

• Implemented process improvement strategies to reduce costs by leveraging technology to improve operational efficiencies and process improvements.

• Led a strategic planning committee in the review and restatement of the organization’s mission and vision statements, core values, and long-term strategic objectives. Prism Medical Products, LLC – Elkin, NC January 2015 – July 2018 Director of Finance

Set the financial direction for the company to include organizational growth and profit maximization. Led the company’s strategic planning process. Developed comprehensive operating and capital budgets. Provided timely and accurate financial reporting and analysis to ownership. Performed due diligence activities including gathering, organizing, and submission requested files to the data room. Directed all financial external relationships such as banking, insurance, and public accountants.

• Identified and mitigated major weaknesses in company’s internal controls over cash resulting in a 70% improvement in company’s cash flows

• Led conversion of company’s books from cash to accrual basis of accounting

• Directed migration from QuickBooks to new, robust ERP system (Microsoft Dynamics – Great Plain) materially improving financial reporting Leonard Business Consulting, LLC - Greensboro, NC March 2014 – December 2014 Principal

Served as a trusted financial and operations advisor to small and medium sized businesses. Provided professional business services such as financial accounting and reporting, strategic planning and budgeting, cash management, business plans, business valuation and tax preparation.

• Provided business valuation services in the acquisition of a competitor’s business resulting in a net savings $250,000

• Developed business plan which secured financing and office facilities at no cost (Valued at

$125,000) from a local entrepreneur incubator

• Implemented divestiture strategy for client business segment nearing end of life reinvesting in a growth segment resulting in increased profits of 10% Personal Communication Systems, Inc. – Winston-Salem, NC April 2007 – March 2014 Chief Financial & Operating Officer November 2011-March 2014 Led strategic planning, budgeting, and forecasting for the corporation. Responsible for corporate cash management. Directed cross-functional management team (IT, HR, finance, customer support, sales and marketing) in the execution of corporate objectives. Leveraged key economic indicators mitigating negative effects on corporate profitability. Partnered with engineering group in design, development, and release of SaaS technology.

• Analyzed SG&A expenses identifying key cost drivers. Developed strategies which reduced said cost by 15%

• Created sales strategy for slow moving inventory increasing sales by 27%

• Restructured sales organization resulting in growth of 15%

• Developed flexible pricing strategy increasing average revenue per unit by 29% Chief Financial Officer July 2009 to November 2011 Provided leadership regarding the mitigation of corporate risk. Responsible for financial budgeting and forecasting. Led all vendor relationships and contract negotiations. Insured the accuracy of financial reporting and adherence to GAAP standards. Utilized key economic indicators to mitigate negative effects on corporate profitability.

• Re-negotiated favorable rate online of credit resulting in a savings of $20,000 annually

• Leveraged continuous improvement strategies improving approval rating by 12%

• Mitigated risk of reduction-in-force by decreasing employee cost by 15% Controller April 2007 to July 2009

Managed the day-to-day financial activities such as month-end close, budget preparation, cash management, and financial reporting. Prepared federal and multi-state corporate tax returns. Managed off-site manufacturing operations including costing, production scheduling and raw material sourcing.

• Decreased company’s tax liability by 40%

• Retired common stock resulting in a savings of $300,000

• Reduced inventory shrinkage by 20%

• Established recurring revenue of $2MM annually

The Children’s Home, Inc. – Winston-Salem, NC December 2003 to April 2007 Chief Financial Officer

Managed the day-to-day financial activities such as month-end close, budget preparation, cash and investment management, and financial reporting. Led cross-functional management team

(IT, HR, finance, custodial engineering, food service and marketing) in execution of corporate objectives. Established strong internal controls.

• Implemented MAS 90 ERP system increasing efficiency by 40%

• Established investment strategy resulting in increased ROI of 35%

• Obtained agency’s first unqualified audit opinion

• Created internal controls which resulted in national accreditations Leonard Business Consulting, LLC - Greensboro, NC May 2002 – December 2003 Principal

Served as a trusted financial and operations advisor to small and medium sized businesses. Provided professional business services such as financial accounting and reporting, cash management and tax preparation.

• Represented client with IRS and NCDOR resulting in $25,000 reduction in penalties and preparer errors

• Created and implemented internal controls and related fiscal policies and procedures for the successful completion of a national accreditation process RSM US LLP – Greensboro, NC August 1998 to February 2002 Senior In-charge Accountant

• Planned engagements, prepared budgets, and delegated tasks

• Supervised, evaluated, and trained staff

EDUCATION/CERTIFICATION/AFFILIATION

University of North Carolina at Chapel Hill – Kenan-Flagler Business School Master of Accounting

Wake Forest University – School of Business

Master of Business Administration, Finance

Boston University – Questrom School of Business

Bachelor of Science in Business Administration, Accounting Certified Public Accountant – North Carolina License #31241 Veteran – Served from 1988 to 1991 in the United States Marine Corps

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