ALBERT EUGENE POTTS
Allen,TX
Summary
To leverage business and not-for-profit administrative and financial expertise, training, certifications, and experience in serving either the business or government/not-for-profit sectors.
Accomplished Chief Financial Officer with 19 years of distinguished not-for-profit organizational experience, including financial oversight of a 1,400-student Private School and a 6,000-member Mega-Church. Certified Public Accountant (CPA) and specialized certification as a church administrator. Possess over 10 years of corporate for-profit financial experience, including tenure at Ernst & Young as a Big 4 auditor. Education includes a Masters and Bachelor in Accounting from the University of North Texas (cum laude) and a Masters of Theology from Dallas Theological Seminary. Results-oriented Chief Financial Officer bringing 19 years of experience in Not-for Profit. Strong history of achieving both financial and non-financial business goals with effective controls and planning.
Overview
22
22
years of professional experience
1
1
Certification
Work History
Chief Financial Officer
Legacy Christian Academy
04.2018 - Current
- Managed financial priorities in collaboration with leadership, overseeing budget growth from $15M to $30M over 6 years, coinciding with 400+ student growth
- Expanded economic diversity of students through increased financial assistance from $250k in 2017 to $1.8M in 2023
- Supervised a staff of 15 employees (Finance, HR, Facilities, Security & Technology)
- Developed model for multi-year strategic financial plan
- Transitioned to multi-departmental Sage Intacct system for enhanced financial access and accountability
- Developed Deferred Maintenance funding plan with results from facility audit
- Conducted pro-forma cash flow analysis, validating purchase of $6.5M facility
- Ensured 100% FDIC coverage on all school funds
- Established financial policies and internal controls for proper stewardship of funds and delegation of duties
- Created Benevolence Fund with policies to assist employees in need
- Ensured proper application of restricted donor gifts to intended purposes
- Led annual audit, ensuring financial records conformed to GAAP
- Supervised, reviewed and presented annual budgets and tuition proposal to Board.
Financial Manager/Controller
Park Cities Baptist Church
11.2004 - 04.2018
- Managed $16M budget with over $50M in assets and 6,000 members, overseeing budgeting for $35M capital campaign
- Prepared financial statements for church generating over $17M annually, coordinated annual audits, and ensured compliance with GAAP
- Led, supervised, and evaluated financial staff of four, maintaining internal controls and reporting to Board of Trustees
- Established financial policies and internal controls for proper stewardship of funds and delegation of duties
- Expanded options for donors by implementing online giving system
- Obtained 501(c)(3) status for church plant.
Controller/Senior Accountant
Abatix Corp
03.2002 - 11.2004
- Managed financial team of 10 (G/L, A/R, A/P) through system conversions, SEC filings, and credit/collection policy establishment
- Prepared budgets, reviewed financials, and coordinated state sales tax audits.
Education
Master of Science - Accounting
University of North Texas
Denton, TXMaster of Arts - Theology
Dallas Theological Seminary
Dallas, TXSkills
- Sage Intacct
- QuickBooks
- Microsoft Excel
- PowerPoint
- Word
- FACTS
- Shelby
- Financial Management
- Financial Reporting
- Performance Benchmarking
- Executive Leadership
- Strategic financial planning
- Audit Coordination
- Board Collaboration
- Staff Management
Certification
Certified Public Accountant
Earned Specialized Certification as a Church Administrator
Timeline
Chief Financial Officer
Legacy Christian Academy
04.2018 - Current
Financial Manager/Controller
Park Cities Baptist Church
11.2004 - 04.2018
Controller/Senior Accountant
Abatix Corp
03.2002 - 11.2004
Master of Science - Accounting
University of North Texas
Master of Arts - Theology
Dallas Theological Seminary
Certified Public Accountant
Earned Specialized Certification as a Church Administrator
Similar Profiles
Melony CobbMelony Cobb
Intervention Teacher at Legacy Christian AcademyIntervention Teacher at Legacy Christian Academy
Miguel CervantesMiguel Cervantes
Secondary School Teacher at Legacy Christian AcademySecondary School Teacher at Legacy Christian Academy
Zachary StoutZachary Stout
Secondary School Teacher at Legacy Christian AcademySecondary School Teacher at Legacy Christian Academy