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Bill Hyer is a seasoned finance professional with extensive experience in financial planning and analysis, financial reporting, and system implementation. He holds an MBA and BS degree from Seton Hall University and has worked in various roles, including Finance Director, CFO, and Controller, in industries such as pharmaceuticals, oil and gas, and medical education.

Experience

    • Financial Consultant
      • Sep 2014 - Aug 2015

      General Accounting and Financial Consulting

    • Senior Manager Accounting
      • Feb 2012 - Jun 2014
      • Parsippany, NJ

      A specialty pharmaceutical company focused on the clinical and commercial development of new products that meet the needs of acute care practitioners and their patients.

    • Director Commercial Accounting and SAP Project Manager
      • Oct 2010 - Dec 2011

      PBF Holding as subsidiary of PBF Energy Company LLC owns and operates oil refineries. The company identifies and executes investment opportunities in the petroleum sector

    • Consultant
      • 2009 - Oct 2010

      Resources Global Professionals - Multinational Professional Services Firm ( Revenues of $689M )S-1 Registration filingSolved SEC Compliance by performing XBRL mapping for two large accelerated filers.Reviewed SEC 10K filing and performed impairment testing for international leader of weight management products and services company. Documented conversion plan for IFRS integration. Designing tools and functionality matrix for vendor management and contracts for Project Management Organization of a Clinical Research client. Developing Business Case for vendor management revenue stream.

    • Corporate Controller
      • 2007 - 2009

      A global biopharmaceutical company with a focus on endocrine therapy and oncology, and with expertise in drug discovery, development, and commercialization

    • Corporate Controller
      • 2007 - 2009

    • Associate
      • 2007 - 2007

      Executive consulting professional frim that helps executives solve problems and drive iniatives from within their business

    • Consultant
      • 2007 - 2007

      Project Manager on implementation of MicroSoft Navision ERP system, and participated in preparing S-1 registration filing.

    • Owner / President
      • 2006 - 2007

      Provided Accounting and Finance Service from System implementation through inter-CFO services.

    • United States
    • Hospitals and Health Care
    • 700 & Above Employee
    • Finance Director - Strategic Research Services
      • 2004 - 2006

      Supervised the Finance, Contract and Administrative functions for the US operations with Global Oversight of Quintiles Clinical Late Phase Division for Phase IIIb and IV studies

    • Finance Director / Divisional CFO
      • 2000 - 2006

    • CFO - Quintiles Medical Communications
      • 2000 - 2004

      Managed the financial operations of two domestic and one international, medical consulting companies, providing pre-marketing and promotional programs to Pharmaceutical clients. In charge of annual and quarterly forecast, audit, accounting, monthly closing, consolidations and corporate reporting, customer contract negotiations and financial relations.

    • Divisional CFO
      • 2000 - 2004

      up Company ( Revenues of $40M )Reducing reporting and analysis time by 5 business days through management of global accounting, financial modeling, financial reporting, budgeting and forecasting processes.Achieved 15% cost reductions on $60 million spend budget through oversight of all R&D collaboration, clinical study and manufacturing contracts.Realized $2 million savings over 6 months through utilization of treasury management expertise to develop FX currency policies.Raised $52 million for operational funding through the development of financial modeling and negotiation for the monetization of Royalty Income Streams.Achieved compliance requirement by implementing IFRS integration plan for 2011.Accomplished a 50% time reduction in Stock Option Reporting and Compliance through the implementation of a computerized stock options compensation system.Consultant, Finance and Accounting 2006 - 2007Resources Global Professionals/ WGH ConsultingAchieved 6 month time requirement for the implementation of an accounting function, including Microsoft Dynamics ERP system and SOX entity controls system for Pharmaceuticals client. Reduced financial close process by 3 days as interim CFO for book publisher.Developed FX hedging policies for subsidiaries operating

    • Corporate Controller/Assistant Treasurer
      • Jan 1999 - Jan 2000

    • Corporate Controller/Assistant Treasurer
      • 1998 - 2000

      ( Revenues of $2.7B )Initiated sales proposal process resulting in an increase of new business sales from $83 million to $520 million in one year with the design and implementation of project pricing tools for worldwide Clinical Study contracts.Negotiated $15 million in sales from the negotiation of master vendor agreements and contracts with pharmaceutical clients.Accomplished SOX compliance with the design, implementation and monitoring of Sections 404 Controls for Regulatory Reporting.Identified 12% cost reduction through the development of integrated service agreement with subsidiaries.Achieved a 20% increase in profit margins through the restructuring of financial operations and development of product and client profit and loss analysis.Increased interest income by 5% through management of banking relationships and short term investing activities for division.; The Official Information Company- Diversified Business to Business Communication and Information Asset Management Company ( Revenues of $250 M ).Obtained SEC exemption to allow for single 10K filing by development of debit guarantors reporting matrix for LLC and Subsidiary consolidated results in lieu of separate disclosures.Reduced overhead spend by $530 thousand as interim CFO at publishing division through restructuring of financial operations for consolidation with another publishing subsidiary.

    • Various Controller
      • Jan 1987 - Jan 1999

    • VP and Director, Client Services
      • 1997 - 1999

      Medical Advertising and Marketing ( Revenues of $800M ).Collected $8.5 million in past due accounts receivables utilizing analytical and negotiation skills.Redesigned financial reporting and controls through implementation of Donavon Data System for Advertising and Project Accounting.

    • VP and CFO
      • Jan 1994 - Jan 1997

      Branding and Marketing ( Revenues of $65M )Achieved profitability growth from break-even to 25% return after tax within a three year period.Obtained 53% gross margins with the development of project budget tools and pricing models.Controller,

    • CFO
      • 1994 - 1997

      Managed all financial, accounting, Treasury, IT and Human Resource operations for this $25 million medical education and marketing company with multiple offices and international operations.

    • Controller, Divisions
      • Jan 1989 - Jan 1994

      Marketing and Public Relations ( Revenues of $650M )Reduced reporting timelines by 9 days and streamlined financial operations with implementation of ERP accounting system.Successfully lead operations as Interim General Manager for Marketing Group during 6 month search for a new President. Other ExperienceAudit Manager in public accounting with Deloitte and Touché (formerly JK Lasser ), internal audit and financial reporting experience in the Oil & Gas industry and Financial Director with Time Inc.

    • Director, Financial Analysis
      • Jan 1982 - Jan 1987

    • Director of Financial Analysis
      • 1982 - 1987

      Managed Financial & System Analysis at Time Corporate (2 years) and at Home Box Office (4 years)

    • Manager Financal Systems
      • 1982 - 1985

    • Supervisor
      • Jan 1980 - Jan 1982

    • Internal Audit
      • 1980 - 1982

    • Manager
      • Jan 1977 - Jan 1980

    • Finance Manager, Refinery Financial Controlls
      • 1977 - 1980

      Responsible for Financial Reporting and Analysis of Refinery and Marine operations, crude oil shipments and DOD contracts

    • Audit Manager
      • Jan 1973 - Jan 1977

      Industry ExperiencePharmaceuticals & BiotechOil & GasManufacturingBusiness ServicesEntertainment/MediaFunctional ExperienceFinancial & SEC ReportingUS & Canadian GAAPIFRS PlanningFinancial Planning & AnalysisVendor ManagementFederal & State Tax ComplianceFAS 109FIN 48/FIN 48RInternational Tax ComplianceTreasury ManagementCash ManagementS-1 RegistrationCorporate AccountingSystems ImplementationSystems ConversionStrategic PlanningSarbanes-Oxley

Education

  • 1969 - 1973
    Seton Hall University
    Masters of Business Administration (MBA); Bachelors of Science (BS)

Suggested Services

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Industry Focus. “Banking and Financial Services”

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