Patty Pickard

Salesmanship Club of Dallas: As CFO, Patty executed the organization’s strategic plan to combine the back room of 5 Salesmanship Companies. She created and implemented best practices to standardize internal processes and procedures that promoted a strong internal control structure. She identified and implemented ERP systems that centralized the individual entities into one organizational IT platform that included accounting, payroll and fundraising systems. She prepared financial forecasts to support fiscal planning and management. Patty supported company growth objectives by developing solid financial plans. Those improvement initiatives promoted profitability and efficiency throughout the organization.

Math and Science Education Non-profit: As CFO, Patty was tapped to join 5 C-level executives to start up an advanced placement math and science scalable initiative with a grant of over $100 Million dollars given by a multi-billion dollar energy company. Patty devised strategies to drive organizational vision in concert with the Board of Directors and senior executives. She built and implemented all back room systems and hired and guided all back room staff. Patty also created and implemented best practices to standardize internal processes and procedures. She devised reporting structures for the original 8 nationwide locations with budgets of over $13 Million per School District.

YMCA of Metropolitan Dallas: As CFO, Patty was brought on board to facilitate a tax exempt bond issue to supplement funding alongside of the impending capital campaign. She created and implemented best practices to standardize internal processes and procedures. Patty also managed company-wide budgets, payroll, accounting, and other financial operations. She prepared financial forecasts to support fiscal planning and management.

Real Estate Developer: As CFO, Patty was asked to join the company to organize the partnership financial information in preparation for the sale of the first three projects. She developed plans to standardize and facilitate organizational asset management. Patty also created and implemented best practices to standardize internal processes and procedures. She managed company-wide budgets, payroll, accounting, and other financial operations.

Financial Services Firm: Patty served as consultant for this financial services organization to assist in the preparation of financial data for audit as part of the sale to a multi-billion dollar public company. There were 13 locations in the US and Europe which required the ability to translate the international financials into US Dollars. Patty hired consulting accountants to assist in the facilitation of reconciliation of the 13 locations into the consolidated financials to package for sale. She also worked with the attorneys to complete the sale.

Insurance Corporation: Patty started as Division Assistant Controller and was promoted over the years eventually to Senior Vice President and Controller of the holding company. In 1999 the company was sold to a billion-dollar public insurance company. During the due diligence and closing Patty was retained to facilitate the move of the entire accounting department back under the umbrella of the new company.

Women’s Foundation: This nonprofit organization had been through several months of C-level disruption with the CEO leaving abruptly and the CFO leaving quickly thereafter, and an interim CEO was brought in a few months before Patty began this engagement. Upon realizing the organization was in a cash deficit position with no sustainable unrestricted operating revenue coming in the foreseeable future, Patty determined the organization’s cost structure and staffing had to be restructured. Leveraging a strategic approach to fiscal management, she implemented comprehensive cost-saving measures including staff reductions and renegotiated contracts, plus she helped develop new revenue streams. Through these efforts, the organization not only avoided insolvency but also achieved a cash-positive status, ensuring its long-term sustainability and ability to continue serving its mission. The organization’s financial reporting system is Blackbaud which includes Financial Edge and Raiser’s Edge modules.

Dallas Area Foundation: As Fractional CFO for this foundation, Patty is providing oversight and guidance to the Controller and accounting staff, including preparing the FY 2025 Budget, completing the annual external audit for FY 2024, and preparing the IRS Form 990. The organization’s financial reporting system is QuickBooks Intuit.