Benjamin R. Barnhill, IV
9429 Foxgrove Court Raleigh,,NC
Summary
Strategic and results-driven finance leader with a distinguished record of elevating financial performance, strengthening operational discipline, and guiding organizations through growth, transformation, and complex market environments. Expert in leading enterprise-wide finance functions—including FP&A, corporate accounting, treasury, audit, tax, and compliance—while building scalable infrastructures that enhance accuracy, transparency, and decision-making.
Overview
25
25
years of professional experience
Work History
Senior Vice President, Finance, Accounting and IT
Vestaron
Raleigh, NC
06.2022 - Current
- Led all finance and accounting functions for a $10M AgTech Series D organization, including FP&A, corporate accounting, treasury, tax, audit, IT business analytics, and project management.
- Supported the company’s successful strategic acquisition by leading financial modeling, presenting management presentations, and preparing due diligence materials.
- Managed six high-performing business professionals, resulting in multiple internal promotions, and improved succession planning.
- Partnered with the CEO and the board of directors to shape long-term financial strategy, capital allocation, and enterprise risk management.
- Delivered a successful $24M Series D funding round by developing financial materials and investor presentations.
- Directed a strategic initiative to reshape the company’s operating model, which reduced operating costs by 55%, improved sales by 30%, and increased gross margins by 50%.
- Implemented new FP&A and accounts payable platforms for real-time financial visibility, and reduced administrative costs by 15%.
- Supported cash runway analysis by maintaining a rolling 13-week cash forecast.
- Led the long-range planning process, delivering a dynamic three-statement financial model.
- Presented monthly financial results and strategic recommendations to the board of directors.
- Led quarterly audit committee meetings, highlighting any significant accounting risks.
- Advanced the use of Power BI by developing interactive dashboards and metric tracking.
- Oversaw the preparation of GAAP-compliant financial statements, ensuring accuracy and timely reporting.
- Strengthened internal controls and compliance frameworks, resulting in two clean audit opinions.
Director of FP&A
BioDelivery Sciences International
Raleigh, NC
03.2021 - 05.2022
- Led financial planning and analysis for $190M publicly traded biotech company, overseeing budgeting, forecasting, long-range planning, and monthly performance reporting.
- Delivered comprehensive valuation analyses and scenario modeling that informed negotiations during $608M company sale.
- Refinanced $60M debt facility, achieving $1M in annual interest expense savings.
- Implemented Sage X3 ERP and Nectari business intelligence tools, reducing month-end close by two days.
- Collaborated with business development and strategy teams on licensing partnerships and M&A evaluations.
- Partnered with business development to complete a $15M brand acquisition.
Senior Director of FP&A
Marken, UPS Healthcare Division
Raleigh, NC
01.2020 - 02.2021
- Directed FP&A for $500M business unit, optimizing operations across hubs and transportation networks.
- Managed and mentored global team of six FP&A professionals, enhancing analytical capabilities and fostering business partnerships.
- Collaborated with operations and transportation leadership to evaluate cost drivers and productivity metrics, achieving over $20M in annual cost savings.
Senior Manager of FP&A
Dova Pharmaceuticals
Durham, NC
03.2019 - 01.2020
- Directed FP&A support for commercial and R&D functions, overseeing budgeting, forecasting, and financial reporting for specialty pharmaceutical company generating $100M in annual sales.
- Developed valuation models that facilitated a $915 million acquisition of the company.
- Implemented Workday Adaptive Planning, reducing budgeting and forecasting timelines by 25%.
Investment Specialist
Barnhill Trading Services
Raleigh, NC
01.2016 - 02.2019
- Leveraged knowledge of various financial markets to successfully day trade for a three year period.
Finance Director, Global Consumer Healthcare
GlaxoSmithKline
Raleigh, NC
01.2013 - 01.2016
- Established and directed finance and project portfolio functions for a new $500M skin health business.
- Led strategic oversight of the R&D portfolio, managing 50 projects through various phases.
- Developed governance processes and prioritization models that aligned with corporate strategy.
Finance Director, US Sales & Marketing
Stiefel (a GlaxoSmithKline company)
Raleigh, NC
01.2011 - 01.2013
- Directed financial strategy, planning, and analysis for the U.S. Sales and marketing, managing a $100M revenue portfolio across various sales channels.
- Collaborated with sales leadership to enhance revenue forecasts, pipeline analytics, and demand plans, achieving a 37% improvement in forecast accuracy.
- Led due diligence and integration workstreams to support a $3.2 billion acquisition of Stiefel Labs.
Early Career Roles
GlaxoSmithKline Pharmaceuticals
Raleigh, NC
01.2001 - 12.2010
- Roles of increasing responsibility, ranging from Financial Analyst to Finance Director.
- Scope included R&D (clinical and preclinical), commercial strategy, and corporate functions.
Education
MBA - Finance
East Carolina University
Greenville, NCBachelor of Science - Economics, Business Administration
East Carolina University
Greenville, NCSkills
- Enterprise Financial Strategy
- M&A Due Diligence & Integration
- Treasury & Capital Markets
- FP&A Leadership
- Corporate Accounting & Controls
- Board Reporting & Investor Relations
- Data Analytics & Business Intelligence
- ERP & Systems Implementation
- IT Strategy & Governance
- Audit, Compliance & Risk Management
Timeline
Senior Vice President, Finance, Accounting and IT
Vestaron
06.2022 - Current
Director of FP&A
BioDelivery Sciences International
03.2021 - 05.2022
Senior Director of FP&A
Marken, UPS Healthcare Division
01.2020 - 02.2021
Senior Manager of FP&A
Dova Pharmaceuticals
03.2019 - 01.2020
Investment Specialist
Barnhill Trading Services
01.2016 - 02.2019
Finance Director, Global Consumer Healthcare
GlaxoSmithKline
01.2013 - 01.2016
Finance Director, US Sales & Marketing
Stiefel (a GlaxoSmithKline company)
01.2011 - 01.2013
Early Career Roles
GlaxoSmithKline Pharmaceuticals
01.2001 - 12.2010
MBA - Finance
East Carolina University
Bachelor of Science - Economics, Business Administration
East Carolina University
Technology
ERP/Systems: Oracle (Hyperion, NetSuite), Sage X3, JD Edwards FP&A Tools: Workday Adaptive Insights, Cube BI Tools: Power BI,Tableau, Nectari Advanced Financial Modelling Advanced Excel