John Watts

Owner/President at MyPro Business Services
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Location
United States, US

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George Diem

I worked with John for several years as he guided the accounting and compliance infrastructure of a large middle market company through acquisitions, financial statement audits and periods of rapid growth. His positive and supportive demeanor and technical abilities always made him a joy to be around and work with.

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Experience

    • Owner/President
      • Mar 2016 - Present

      Financial and operational consultant to small and mid-sized organizations, designing and maintaining effective structure and compliant accounting. Educate clients about best practices, risk management, system options, legal requirements and talent management strategies. Guide business transformations. Support clients through unemployment, liability insurance and worker’s compensation audits. • Led MyPro to achieve profitability and strong year 1 revenue. Grew revenue 67% in year 2. • On-boarded 4 key clients within 12 months, achieving targeted client load. Serve clients across industries including construction, legal, agricultural and pet care. • Aided client's industry-customized software developers to identify and resolve system accounting issues. Show less

    • United States
    • Food and Beverage Services
    • 1 - 100 Employee
    • Chief Financial Officer (CFO), Flagship North America
      • Mar 2001 - Mar 2016

      Led cross-functional teams and multiple functions including Accounting, Human Resources, Information Technology, Risk Management and Legal. Coached direct reports through challenges, provided professional development opportunities and motivated strong performance. Managed all finance and accounting activities for Flagship North America. Ensured optimal operational funding, cash flow, resource allocation and talent acquisition to achieve company objectives. Prepared budgets for corporate review and approval. Investigated and proposed innovative solutions to financial challenges. Analyzed customer data and made credit extension determinations. Negotiated account resolutions and contract terms for business services. Developed internal control policies and procedures. Facilitated M&A due diligence responses and integration activities. Partnered across functions and geographies to drive companywide process improvement, fiscal accountability and efficiency. • Financially led company as it grew from $17MM to $162MM (EBITDA growth of more than 1500%). • Successfully led multi-functional team through rapid growth phase (9 acquisitions in 7 years), maintaining high employee engagement, satisfaction and retention. • Justified and championed hiring of 14 new employees to accommodate exceptional growth rate. Added critical expertise in HR strategy, document control and vendor vetting before deficits could negatively impact the business. • Effectively supported both company Owner and Private Equity firm through 2009 purchase and sale of the organization. Identified as 1 of 3 critical employees to retain and awarded ownership within employment contract. • Facilitated multiple external audits, confirming company’s optimal accounting structure and practices. • Discovered tax reduction and employee benefit opportunities with potential to save $300,000 to $500,000+. • Navigated numerous accounting and payroll system conversions. Show less

    • France
    • Advertising Services
    • 1 - 100 Employee
    • Financial Administrator
      • 1999 - 2001

      Managed all finance and accounting activities in nonprofit environment. Identified accounting needs including structure, controls and funding levels. Developed and implemented accounting policies and procedures. Entered and analyzed financial records. Developed budgets, performed account reconciliations and managed cash receipts and accounts payable. • Assigned additional oversight of Human Resources activities due to successful management of accounting function. • Professionally represented the organization to vendors and visiting donors. Show less

Education

  • Boise State University
    Bachelor's Degree, Accounting
    1993 - 1997
  • QuickBooks
    QuickBooks ProAdvisor Certification, Accounting and Finance
    2016 - 2016

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