Bill Benedict, CPA

Bill Benedict, CPA

Staff Accountant

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  • Timeline

  • About me

    Making the Score...Not Just Keeping Score CFO | Business Advisor | PE/VC Portfolio Company CFO | VP Finance | Controller

  • Education

    • Saint Joseph's University

      1987 - 1991
      BS Accounting

      Activities and Societies: Varsity Cross Country, Varsity Track & Field

  • Experience

    • George B. Jones & Company

      Jan 1991 - Jan 1992
      Staff Accountant

      Public Accounting firm

    • Telegenix, an Inductotherm Group Company

      Jan 1992 - Jan 1994
      Assistant Controller

      Electronics Manufacturer

    • Castle Energy Corporation

      Jan 1994 - Jan 1995
      Senior Accountant

      Oil & Gas Company

    • GE Capital

      Jan 1995 - Jan 1997
      Accounting Supervisor

      Trailer Leasing Company

    • Accenture

      Jan 1997 - Jan 2013

      Oversaw the financial operations of three strategic growth initiatives (Analytics, Mobility, Cloud), each generating in excess of $1 billion in annual revenues. Supervised global staff of ten. Responsible for over $200 million budget to build new assets and offerings aimed at accelerating growth. Managed the financial operations of Accenture’s engagements generating $500 million in annual revenues at three clients – Wyeth, AstraZeneca and DuPont. Oversaw a team of thirty Finance professionals, including ten offshore resources. Responsible for contract financial performance, including: profit optimization while managing risk; cash flow maximization; accurate reporting and forecasting; compliance with US GAAP and Sarbanes Oxley; and adherence to policies and processes. Promoted to oversee the financial management of the Financial Services Operating Group’s portfolio of outsourcing work. Supervised the consolidation of $1.2 billion in annual revenues across over 150 contracts with accountability to ensure forecast accuracy, profitability improvement, and GAAP compliance. Conducted financial operations reviews on under performing contracts. Reviewed deal proposals/pricing for all new opportunities. Led remote team of seven in US, Spain and Germany. Provided overall financial management for the Financial Services Northeast client group as business advisor and primary finance contact point for the Client Group Managing Partner and the client teams. Contributed financial insights, solutions, and controls to optimize client group and client profitability. Promoted to oversee the financial operations of Financial Services North American book of business. Implemented best practices, developed new reporting packages and revised forecasting processes. Finance Lead for multiple clients, responsible for areas of GAAP compliance, internal controls, budgeting/forecasting, deal shaping and contract profit and loss management.

      • Senior Manager, Finance Director - Strategic Initiatives

        Jan 2010 - Jan 2013
      • Senior Manager, Corporate Controllership – Client Financial Management

        Jan 2006 - Jan 2010
      • Senior Manager, Finance Operations - Global Outsourcing Finance Lead

        Jan 2004 - Jan 2006
      • Manager, Finance Operations – Client Group Finance Lead

        Jan 2002 - Jan 2004
      • Manager, Finance Operations – Operating Unit Finance Lead for Outsourcing

        Jan 1999 - Jan 2002
      • Specialist, Corporate Controllership – Client Financial Management

        Jan 1997 - Jan 1999
    • Revolution Analytics, a Microsoft Company

      Jan 2013 - Jan 2016
      Chief Financial Officer

      Responsible for all aspects of financial management for the Company operating in the United States, United Kingdom and Singapore. Additional responsibilities supporting operations for the business, including Corporate/Board/Investor Matters, Sales, Commercial and Human Resources.Successfully sold the Company to Microsoft in 2015 and completed Finance Integration Assignment 2016

    • WFB & Associates

      Jan 2016 - now
      Principal

      Providing strategic and tactical CFO services to emerging and middle-market companies. Consulting support samples include:- Evaluation of a VC held entity's finance and accounting staff, processes and financial model. Recommendations on revamped team and tools led to an additional $5 million of capital raised from existing and new investors- Ongoing support of a multi-store, multi-million dollar retail operation. New KPIs established resulting in increased gross margin and lower operating expenses. Additionally, performed analysis around the acquisition of two new retail outlets and related due diligence for pending closure- Established initial financials for a retail operation which previously had inconsistent and incomplete bookkeeping support. Validated G/L transactions, compiled financial statements and prepared all Federal, State and Local income, withholding, unemployment and sales taxes going back two years. Established new procedures to ensure statutory compliance and ongoing financial stability going forward Show less

    • Deloitte

      Jan 2017 - Jan 2018
      Controller, Global Financial Advisory

      Provide high-quality financial insights, controls and leadership for the $3.6 billion business. Senior leadership team member and trusted business advisor to the CEO & COO

    • DBR & Associates

      Jan 2020 - now
      Chief Financial Officer
    • DemandBridge

      Jan 2020 - Jan 2023
      Chief Financial Officer
    • SP6

      Jan 2021 - Jan 2023
      Chief Financial Officer
    • InContext Solutions

      Jan 2024 - now
      Chief Financial Officer
  • Licenses & Certifications

    • Certified Public Accountant

      Commonwealth of Pennsylvania
      Jan 1994
  • Volunteer Experience

    • Executive Board Member

      Issued by Bryn Mawr Running Club on Jan 2003
      Bryn Mawr Running ClubAssociated with Bill Benedict, CPA
    • Director of Communications

      Issued by Saint Joseph's University Alumni Track Club on Jan 1992
      Saint Joseph's University Alumni Track ClubAssociated with Bill Benedict, CPA
    • Head Coach

      Issued by Main Line Girls Basketball on Jan 2013
      Main Line Girls BasketballAssociated with Bill Benedict, CPA