William Hutchinson


High energy, positive attitude Finance Executive that performs well in lean, dynamic and entrepreneurial environments.I am defined by unwavering integrity and thrive on solving problems.My broad foundation of accounting and finance experience positions me to be a strategic, operationally oriented executive, who is an agent and architect for positive change and catalyst for operational and cultural improvement.Able to quickly develop great relationships with internal stakeholders including CEO, Board of Directors and external stakeholders including auditors, bankers and outside legal counsel.

Work History

Work History
Jun 2008 - Present

Corporate Controller

Haynes Furniture Corporation

(Privately held national furnishings retailer with $260MM in revenue)

·Manage and lead the general ledger accounting, payroll, sales audit and accounts payable departments.

·Manage the monthly general ledger closing and financial accounting reporting activity. Have accelerated the year-end audit close by 60 days.

·Direct reports are four with a total staff of 19.Performance managed out 6 individuals in the accounting and payroll group, interviewed and hired replacements and additions to staff.

·Assist in the creation and communication of Corporate Policy for such activities as the Merchant Card processes and Identity Theft policy.

·Directly responsible for $1.2 million annual budget spread over four departments.

·Directed and led the ERP conversion for the accounting system in January 2010, with no unexplained reconciling items between old and new account balances.

·Architect for user rights in new ERP system, implemented 1-15-10, creating stronger segregation of duties and greater uniformity of user profiles.

Jun 2002 - Jun 2008

Internal Audit Manager

Tredegar Corporation

(Publicly traded global manufacturer with $600MM in revenue; NYSE:TG)

  • Performed Sarbanes-Oxley (SOX) 404 compliance audit work for the Order to Cash, Purchase to Pay, Closing, Treasury and Payroll cycles at the US headquarters, domestic and international manufacturing locations.Locations included plants in China, Hungary, Brazil, the Netherlands and Canada.
  • Performed corporate risk management function for global manufacturer with diverse cultures and expectations.Managed all external insurance industry relationships.This included on-boarding new vendors, negotiating new contracts, managing an insurance budget aggregating to $4.7MM and shepherding claims through the claims process, which approximated $400K in 2005 and $500K in 2006.Negotiated fixed cost savings of $220K in 2008.
  • Selected new insurance broker and new third-party administrator (TPA) through multiple, lengthy “Request for Proposal” processes with positive outcomes for both.
Jul 2000 - Nov 2001

Senior FP&A Specialist

Capital One

·Prepared quarterly budgets for 15 cost centers that aggregated to approximately $20MM annually.

·Managed two analysts in preparing monthly financial analysis for recruiting and consulting clients that included: expense variance analysis, expense drive analysis, Cost per hire (CPH) metrics reporting, corporate allocations analysis and staffing level assessments.

·Partnered with site recruiting managers to develop staffing and variable expense management plans to optimize CPH metric results, reducing fixed costs by approximately $900K or 40%.

·Worked with European clients to optimize a legacy Global Employment unit, eliminating US$70K in annual Value Added Tax (VAT) by restructuring the processing of T&Es.

Jun 1997 - Jul 2000

Vice President

Wachovia Bank

·Worked with clients’ Chief Financial Officers and Controllers to reconfigure their corporate balance sheets.Managed the long-term client conversion process for companies whose sales ranged from $20MM to $450MM.

·Performed rigorous analysis of cash flow capacity and balance sheet leverage to underwrite debt for both public and privately held organizations

·Handled other credit management functions including review of underwriting activity, external and internal legal counsel documentation, federally required documentation and monthly reports of portfolio credit quality and profit analysis.


Aug 1989 - May 1991

Masters in Business Administration

Washington University



Handling Litigious situations

Adroit at handling litigious situations associated with Human Resources, vendors, creditors and real estate transactions.

Risk Management

Thoroughly versed in corporate insurance and risk management strategies, tools and negotiating with brokers, underwriters and third-party administrators.


Extensive knowledge and experience in bank debt underwriting and treasury service negotiations and adminstrative management.

GAAP Accounting

Active CPA that is responsible for the GAAP based, annually audited financial statements and orchestrating the external audit performed by KPMG.


Jul 1988 - Present

Certified Public Accountant

May 2003 - Present

Certified Internal Auditor