Bill Brosseau

Experience

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  Standard Thomson

  Jan 1978 - Jan 1988

  Accounting Manager

  Manufacturer of automotive thermostats and other controls devices.

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  Candela Corporation

  Jan 1988 - Jan 1991

  Manager of Financial Accounting

  Candela Laser is a manufacturer of medical lasers that grew from $6 million to $35 million in my three years as Manager of Financial Accounting. With three international subsidiaries, I was responsible for financial closings and consolidations, internal and SEC reporting, general accounting and cash management. I managed a cash turnaround where we successfully improved a net borrowing position to a cash surplus position and reduced past due accounts receivable from 79% to 5%.

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  Pollak Engineered Products

  Jan 1991 - Jan 1998

  Controller

  Pollak Engineered Products is an automotive components manufacturer and a division of Stoneridge, Inc. During my time as Controller, we reduced the financial close by six days, transitioned the Finance function from a transaction-based perspective to an operations-focused philosophy and developed a series of internal controls that allowed for properly managed revenue growth from $35 million to $210 million in my seven years at the company.

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  GKN Sinter Metals

  Sept 1998 - Jul 2002

  VP & CFO

  GKN Sinter Metals is a manufacturer of powdered metals products for the automotive and appliance industries, and a division of GKN plc, a $6 billion UK-based corporation. As Vice President and Chief Financial Officer of the $35 million Worcester, Massachusetts division, I was responsible for all Financial, Information Technology and Procurement operations. I managed the due diligence and integration of the former privately held company, The PresMet Corporation, as it was acquired by GKN. During my tenure, I led the implementation of a full suite of Oracle financial and manufacturing modules, directed an operating expense control initiative that increased operating margin by 770 basis points, and streamlined the financial reporting system. Show less

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  The MENTOR Network

  Aug 2002 - Sept 2014

  The MENTOR Network is a human services provider, serving individuals with intellectual and developmental disabilities and at-risk youth. With 24,000 employees and operating in 35 states, we are the second largest provider of these services in the United States.As Senior Director, Project Management, I developed and staffed the first operationally-focused Project Management Office in our industry. The role of our PMO is to manage projects that benefit Operations Finance and Field Operations. Examples of projects that our team managed are deinstitutionalizations of state hospital systems that will add $60 million in annual revenue, margin improvement initiatives, accounts receivable reductions, implementation of software and processes to increase our recruitment of foster families, redevelopment of our therapeutic youth treatment model, and development of numerous dashboards to succinctly present operational and financial results.. Show less As Vice President, Corporate Systems, I directed company-wide initiatives in the Financial, Human Resources and Business Development functions. I was responsible for a $21 million operating budget for our Corporate Administration Group. Examples of projects that I led were our Sarbanes-Oxley implementation, an operational efficiencies initiative that reduced annual costs by $3 million, development of a heat map that was used to identify high growth and potential acquisition areas and the creation of an integration process that was successfully utilized in over 40 acquisitions. Show less

  • Senior Director, Project Management

    Mar 2011 - Sept 2014

  • VP, Mergers & Acquisitions

    Mar 2009 - Jul 2011

  • VP, Corporate Systems

    Dec 2004 - Jul 2009

  • Business Consultant

    Aug 2002 - Dec 2004
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  Brosseau Consulting Associates

  Oct 2014 - now

  President

  Independent consulting firm specializing in interim and part-time financial management, project management, cost reduction programs and acquisition integration. Engagements include a role as Head of Finance and Accounting at a Massachusetts public charter school, acting as an Interim CFO for a commercial solar developer and for a non-profit medical systems organization, the reevaluation of a Sarbanes-Oxley controls framework for a publicly traded company, developing an accounts receivable reporting package and improving processes at a regional leader in psychiatric and behavioral health services, financial leadership for a not for profit healthcare technology organization, coordinating a work stream integration for a multi-national financial services corporation, integration of eight acquisitions in 12 months for a pediatric therapy provider, and leading an efficiencies and cost reduction initiative for a national human services provider. Show less