Mike Stoll: Director of Finance and Operations in Bethesda, MD
Mike Stoll
Director of Finance and Operations
Bethesda | United States
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Work experience
Sheridan School
Director of Finance and Operations | 01/2018 - Current
Responsible for managing school finances, facilities, technology, human resources
and food service.
? Staff member of Finance, Facility and Investment Board Committees and a member of School's Senior
? Administrative Team member
? Facility management comprises full management of 35,000 square foot facility with an additional 130 acre Mountain Campus
? Oversight of renovation projects, including major focus on greening and sustainability initiatives
? Manage staff of five
Aspen Country Day School
Chief Financial Officer | 09/2016 - 12/2017
? $8 Million operations budget
? Completely re-imagined the business office from policies and procedures as well
as technology
? Complete final phase of a $35 million construction project which I was managing
as part of my prior job at the Aspen Music Festival
? Managed 75,000 square foot, five building campus
? Manage new food service vendor's first year of campus service
? Revamp compensation plan to become more competitive among cohort and public schools
National Society of Collegiate Scholars
VP, Finance and Operations | 08/2015 - 09/2016
? Migrated payroll and benefit system saving $75K annually
? Managed integration of SalesForce and NetSuite
? Renegotiated credit card network merchant agreement savings approximately
$100K
? $11 million operating budget
? Created budget plan to save business from impending insolvency
? Re-imagined cloud based server implementation
? Managed staff of three
Aspen Music Festival and School
Director of Finance and Administration | 06/2014 - 05/2015
? Responsible for Festival finances, human resources and technology
? Hands on manager of $20 million operating budget
? $75 million managed endowment
5717 Roosevelt Street
Bethesda, MD 20187
mikestoll922@gmail.com
? $75 capital improvement project - four buildings
? Primary areas of focus in Finance include:
? Manage transition from Blackbaud Financial Edge to cloud based platform
? Revamp general ledger reporting and chart of accounts
? Evaluate merchant processing system, potential saving in excess of $50k
? Rewrite employee handbook
? Transition to cloud based payroll
? Managed a staff of five
Sheridan School
Director of Finance and Operations | 07/2007 - 05/2014
Responsible for managing school finances, facilities, technology, human resources
and food service.
? Primary areas of focus in Finance include:
? Budget development and implementation
? Revamping of faculty compensation model
? Increased benchmarking of key metrics versus peer schools
? Enhanced financial dashboard reporting for Board level committees
? Review and assessment of insurance programs
? Improved cash management and projections
? Timely reporting of endowment funds
? Annual tax reporting and financial audit
? Staff member of Finance, Facility and Investment Board Committees and a member of School's Senior
? Administrative Team member.
? Facility management comprises full management of 35,000 square foot facility with an additional 130 acre Mountain
? Campus
? Oversight of renovation projects, including major focus on greening and sustainability initiatives
? Manage staff of eight.
Norwood School
Business Manager | 09/2005 - 07/2007
? Responsible for managing school finances, food service, human resources, auxiliary programs and Summer Camp.
? Responsibilities falling under the auspices of the Business Office includes:
? Financial planning and oversight of the budget, accounts payable and receivable, general ledger, payroll, personnel benefit plans, insurance programs, cash
management, endowment funds, annual tax reporting, annual financial audit
? Finance and Board Committee liaison and member of Schools Senior
Administrative Team
? Summer Camp responsibilities include: supervision of Camp Director, implementation of online registration software and program development.
? Auxiliary Programs and facility rentals grew dramatically become an integral part
of the operating budget as we are capping tuition revenues with a cap.
5717 Roosevelt Street
Bethesda, MD 20187
mikestoll922@gmail.com
? Directly managed staff of seven.
Colorado Rocky Mountain School
Director of Finance and Facilities | 11/2004 - 08/2005
? Responsible for managing school finances, food service, human resources, auxiliary programs and Summer Camp.
? Served as the senior administrator, who had overall responsibility for the school's
financial management and physical plant operations
? Responsible for administrating the following activities and departments:
? Business Office: Including financial planning and oversight of the budget, accounts payable and receivable, general ledger, payroll, personnel benefit
plans, insurance programs, cash management, endowment funds, annual
tax reporting, the annual financial audit
? Buildings and Grounds: Housekeeping, maintenance, kitchen, laundry, bookstore, mailroom operations, and off-season rental use of the campus.
? Jump started the process of designing and building a Library, Science building
and two dormitories.
? Began looking at cash flow models to project affordability of bond issuances and alternative financing arrangements to accommodate the aforementioned projects.
? Directly managed staff of five with twenty one total reports.
Fannie Mae
Manager Budget and Expense Management/Senior Financial Analyst | 05/1997 - 10/2004
? Served as primary liaison in Controller's office to Technology Management Center, Single Family Business, Human Resources and Multifamily Technology groups.
? Managed upwards of $600 million expense budget and $50 million capital budget.
Prepare monthly and annual run rate variance analysis and projections.
? Responsible for tracking of all technology capital purchases for Fannie Mae
infrastructure.
? Designed and developed enterprise-wide budgeting system using Hyperion
Planning while extracting data from PeopleSoft on a real time basis.
? Compile and disseminate annual budget guidance for Fannie Mae corporate
budget preparation.
? identify business segment allocation, by business unit, all expenses corporately
and prepare monthly report for senior management distribution.
? Work with lenders and our Single Family New Product team on new product
offerings which included but was not limited to; pricing of new products, volume
projections, pilot lender infrastructure development and credit profile eligibility
determination.
? Managed staff of three.
National Association of School Psychologists
Director of Financial Operations | 05/1996 - 05/1997
5717 Roosevelt Street
Bethesda, MD 20187
mikestoll922@gmail.com
American Iron and Steel Institute
Director of Finance | 01/1994 - 05/1996
Technology Proficiencies:
Blackbaud, Hyperion Essbase, Hyperion Planning, PeopleSoft G/L, Microsoft Office Suite, Great Plains Dynamics, Quickbooks, Intacct, Bill.com, NetSuite
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