William H. Pavony, CPA
Retail Industry Specialist, CPA (inactive)
Bill Pavony brings the broad perspective and maturity of more than 40 years of solid business experience, having served as both a consultant and a proven senior financial/administrative executive with demonstrated capacity to achieve results in a number of substantial corporations. He began his career with a “Big 8” public accounting firm (known today as Accenture) in their New York City office, where he attained their Senior Manager designation. Here he was primarily engaged in business/financial systems consulting in a broad range of companies and industries with a focus on integrated management reporting, budgeting and cost accounting systems.
Bill subsequently held corporate financial and administrative officer positions (generally as Chief Financial and Administrative Officer) over the next 16 years with 5 different publicly and privately held corporations with revenues ranging from $350 million to in excess of $1 billion, in retail and manufacturing businesses as diverse as Zale Corporation (jewelry retail and manufacturing), Color Tile (retail, manufacturing and franchising), The Kobacker Company (retail shoe chain), Alexanders Department Stores (regional retail) and Purolator (auto parts manufacturing, courier and armored car services).
During this period Bill accomplished over $400 million in financings for his companies, performed a number of acquisitions and divestitures, made numerous SEC filings and upgraded and modernized the systems in all his companies.
As a corporate officer, Bill has held personal responsibility for leadership and direction of the controllership, management reporting and information systems, cost accounting, warehousing and distribution, human resources, treasury and banking relationships, cash forecasting, tax, retail credit, insurance and risk management, benefit plan administration, real estate and legal functions.
Since returning to the consulting field, his projects have included financial and operational restructuring, turnaround financial structuring and financing, mergers and acquisitions financial, strategic and operational due diligence, corporate systems strategic plans, RFP’s and installations of ERP and accounting systems. His clients have included companies in the retail, restaurant, professional and business services, manufacturing, and construction industries. Bill holds a BBA, cum laude, degree in Accounting from Hofstra University and attained his CPA certificate in New York State. He is a member of the American Institute of Certified Public Accountants, the New York State Society of Certified Public Accountants and Financial Executives International.