Marci Peace

Experience

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  Grant Thornton LLP

  Aug 1996 - Feb 1998

  Auditor

  Planned engagements, prepared workload budgets, delegated assignments and supervised staff. Identified and tested controls, presented findings and recommended actions to management. Gained experience from a variety of client assignments.

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  Levolor - A division of Newell Rubbermaid

  Feb 1998 - Jun 1999

  Cost Analyst/Senior Cost Analyst

  Analyzed material price and usage variances in a standard costing environment. Performed monthly inventory reconciliations. Assessed divisional exposure from excess and obsolete inventory. • Served as key member of team responsible for reconciling inventory and documenting transaction flow after significant inventory loss. The team identified significant inaccuracies in standard cost sheets and partnered with the engineering services department to systematically correct errors. • Developed standard cost of goods sold month-end reporting model to consolidate journal entries which eliminated overlapping tasks and reduced month-end closing procedures. • Directed disposal of obsolete inventory and facilitated the process that successfully reduced divisional excess and obsolete inventory risk by $3.8 million during the acquisition of a company. • Received one of ten Levolor Achievement Awards of Excellence for the implementation of a plan to reduce excess and obsolete inventory exposure, ultimately saving the company in excess of $800,000. Show less

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  Levolor - Division of Newell Rubbermaid

  Jun 1999 - Jun 2001

  Responsible for inventory accounting and cost system integrity for 11-plant, $350 million manufacturing division. Supervised staff of two associate cost accountants performing standard cost system maintenance and analysis. • Led annual re-cost, coordinating the efforts of purchasing, engineering services, planning and cost accounting. Developed policies and procedures to increase communication between functional areas and create and maintain sound costing systems. • Implemented scrap-costing process on highly variable products to accurately reflect margins and identify unprofitable lines. Show less

  • Supervisor of Inventory and Standard Costing

    Oct 2000 - Jun 2001

  • Senior Financial Analyst

    Jun 1999 - Oct 2000
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  Greensboro College

  Jul 2001 - Apr 2009

  Responsible for the accurate and timely reporting of all financial records of the College. Compiled annual 990 documentation and prepared all state and federal tax documents. Monitored institutional compliance with state and federal granting agencies. Reconciled investment accounts, tracked donor balances, prepared endowment reports and ensured that all donor imposed gift restrictions were met. • Implemented billing module in integrated student-record system. Developed automated database to systematically test for errors and ensure integrity of billing data. Resulted in reduction in staffing needs and improved accuracy and efficiency. • Built cohesive team and personally trained staff on student record system, accounting software, institutional practices and policies. Allowed for greater delegation of duties and empowered staff to work independently. Show less

  • Controller

    Jan 2006 - Apr 2009

  • Adjunct Accounting Instructor

    Jan 2004 - May 2006

  • Director of Institutional Research

    Jul 2001 - Jan 2006
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  Greensboro College

  Nov 2009 - Sept 2012

  Vice President for Administration and Finance

  Managed all financial functions and human resources. Responsibilities included cash management, debt financing, risk management, contract negotiations and legal matters. Member of the Core Operations Team responsible for day-to-day management of the college. • Respected member of the campus community. Able to clearly and concisely convey financial information to administration, faculty, staff, and Board of Trustees. • Gained invaluable experience by managing through financial uncertainty and encountering intense scrutiny from lenders, the college’s accrediting body, and government agencies. • Initiated accounting software improvements and led a team that implemented purchase order, requisition, and management reporting modules which resulted in stronger controls and automated financial reporting. • Partnered with Vice President for Operations to analyze the outsourcing of various departments. Developed RFP for facilities management and negotiated final contract. Resulted in substantial improvement in maintenance, housekeeping and grounds with net neutral financial impact. Show less

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  United Way of Greater Greensboro

  Sept 2012 - Sept 2017

  Vice President, Finance and Administration

  Serve as the chief financial and administrative officer. Direct all financial functions including financial planning, accounting practices, administrative functions, risk management, information technology, building management, and human resources.• Able to clearly and concisely convey financial information to administration, staff, volunteers, agencies, and Board of Directors.• Partnered with experienced management team to transform organizational culture to focus on fostering relationships with donors, volunteers, agencies, and other constituents. • Strengthened finance function by mobilizing talented financial professionals able to work creatively and collaboratively to address issues cross-departmentally. Show less

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  The Community Foundation of Greater Greensboro

  Sept 2017 - now

  Manage all financial aspects of the foundation, including cash management, investments, finance and accounting, information technology, and risk management. Staff liaison for the Finance, Audit and Investment Committees of the Board of Directors. Monitor the Outside Chief Investment Officer and oversee the annual distribution of $20 million in grant and endowment payments.

  • Vice President, Finance and Administration

    Oct 2020 - now

  • Vice President, Finance

    Sept 2017 - Oct 2020