John J. Stone
Garnet Valley
Summary
Hands-on, successful driver of business with a proven track record of leading corporate financial services teams in start-up, mid-sized, and Fortune 500 environments. Combines an entrepreneurial instinct, honed technical skill set, and strong reputation for building effective relationships with all leadership levels, vendors, peers, customers, and subject matter experts.
Overview
24
24
years of professional experience
Work History
Assistant Vice President, Accounts Payable
Thomas Jefferson University and Jefferson Health
03.2020 - Current
- Company Overview: Among the largest and most diverse providers of healthcare and higher education in the Philadelphia-area, Jefferson is a nationally recognized system for employing over 40,000 professionals and generating multi-billion dollar annual revenues
- A leader on the Corporate Financial Services Team, responsible for all aspects of the AP function to include day-to-day operations of a team of 30+ professionals, monitoring customer service activities, systems maintenance and enhancement, T&E activities, corporate card programs, strategic planning and reporting, and staff development. Partner with Treasury Services on cash forecasting and maintaining relationships with banking partners.
- In conjunction with an enterprise-wide project team, took a key role in leading Accounts Payable through the conversion from PeopleSoft Ascent ERP to Workday ERP; Prior to January 2025 go live, made key decisions on configuration of Supplier Accounts (invoice payment) and Expense (T&E) modules as well as coordinating and executing training plans
- Oversaw the Accounts Payable integration of Einstein Healthcare Network to Jefferson Enterprise; Took a leadership role on the project team responsible for converting Einstein from their legacy Lawson ERP to the Jefferson Enterprise ERP in July of 2022
- Pioneered conversion of staff from full-time, on-site to fully-remote/hybrid models during the COVID-19 shut down period; Continuing to manage and accommodate remote and hybrid work in the post-COVID workplace by designing processes and SLAs that can be followed, and ensuring of success, regardless of work location
- Developed, and continue to maintain, an AP metrics Dashboard used to monitor departmental efficiency and success, assist with cash forecasting, and track success of new and ongoing initiatives and improvements
Director of Procurement & Accounts Payable
Recovery Centers of America
04.2016 - 03.2020
- Company Overview: Provider of inpatient and outpatient treatment services for individuals suffering from addictive diseases. With hospital-like facilities and multiple outpatient locations in multiple states, RCA is a leading provider of its kind in the field of treating patients with Substance Abuse Disorders.
- A senior leadership team role, responsible for administrative, operational, and construction supply chain activities across multiple locations in four states. Depended on to participate as a leader and subject matter expert on planning teams to deliver on-time opening and continuing operational support, FF&E standardization and fulfillment, and end-to-end supply chain preparation for go live and ongoing operations at each site. Hands-on leader of the Accounts Payable function, as well as a trusted contributor to the corporate Human Resources, Payroll, Marketing, Business Development and Sales Teams.
- Responsible for procure-to-pay activity for administrative, operational, and construction activities across eight locations in four states
- Developed and negotiated strategic vendor contracts and actively tracked the performance as well as the quality of goods and services received
- Prepared inpatient and outpatient facilities for state, local and Joint Commission inspection and licensing from an FF&E and supply perspective
- Supplied reporting and metrics to support Finance Leadership on cash forecasting, capital budgets, and operating needs
Director, Accounts Payable Shared Services
Comcast Corporation
05.2015 - 04.2016
- Company Overview: Comcast Corporation, headquartered in Philadelphia, PA, is an American multinational mass media company and is the largest broadcasting and cable company in the world by revenue.
- Responsible for leading the Accounts Payable Shared Services (APSS) eCommerce and Payment Disbursements Teams. Key team functions include: Maintenance and administration of the GXS/Active Community Procure-to-Pay portal; Payment interface processing and analysis; Payment disbursements; Reporting and analytics to support Procure-to-Pay workflow process, company-wide T&E/P-Card program, and vendor payment issue resolution.
- Lead an initiative to automate vendor setup and maintenance of Multi-Dwelling Unit (MDU) vendors, the largest non-vendor portal vendor population currently doing business with Comcast
- Guided the APSS leadership team through the research and vendor selection phases of establishing a third-party vendor to process annual 1099-MISC forms; Forecasted a 5% cost savings vs. FY 2015 by coordinating for electronic retrieval option solution for interested vendors
- Oversaw disbursement activities for the entire Cable Division, encompassing multi-billion dollars in annual check and EFT activity
Corporate Director of Accounts Payable and Purchasing
NHS Human Services, Inc.
01.2011 - 01.2015
- Company Overview: NHS Human Services, Inc. (now known as Merakey) is one of the nation’s leading providers of non-profit, community-based behavioral health services, providing programs in multiple states across the US.
- Oversaw shared purchasing, accounts payable, and cash management services for NHS and subsidiaries. Tasked with high-level finance projects and initiatives that impact various internal and external stakeholders. Responsible for maintaining key vendor relationships and providing expert service and advice to all levels of corporate leadership. Lead and coached a diverse, cross-functional group of staff, professional, and management-level team members.
- Managed high impact, large budget project to convert paper-based expense reimbursement process to an online, automated approval process
- Lead Finance, Information Technology, Telecom, and Purchasing & Accounts Payable Departments through the vendor selection and implementation stages of TEM outsourcing. Effectively saved nearly $50K over the life of the agreement through negotiation of monthly fees, and lead NHS through an on-time, issue-free implementation process
- Managed the Corporate-wide RFP/RFQ process; negotiated pricing for supply chain spend, averaging $4MM annually, into a single vendor, increasing both volume-based discounts and annual rebates for the corporate
- Partnered with Chief Financial Officer, Corporate Controller, and bank representatives to monitor cash flows and controls, forecast cash needs, maintain sites and interfaces, as well as ensure timely and successful payments via wire transactions to vendor accounts, payroll accounts, and debt service accounts
Communications and Marketing Manager
NHS Human Services, Inc.
01.2002 - 01.2011
- Company Overview: NHS Human Services, Inc. (now known as Merakey) is one of the nation’s leading providers of non-profit, community-based behavioral health services, providing programs in multiple states across the US.
- Managed or participated in all aspects of major corporate marketing projects, including brand management, strategy design, print collateral design and production, marketing and training video development, e-commerce programs, and website content development, all within strict state and federally mandated budgets.
- Wrote and/or edited all copy for corporate marketing materials, executive communications, media correspondence, website, and social media activity; Developed detailed marketing plans to support seven distinct corporate service lines, as well as two major, annual fund raising events that grossed nearly $1,000,000 in support of NHS programs
- Took responsibility for, and successfully executed, a plan to standardize marketing and communications collateral across multiple NHS subsidiaries and service lines; monitored re-branding activities and pioneered both an official website redesign and creation of a social media campaign.
Education
Foundations in Project Management -
Villanova University – School of Continuing Studies
Villanova, PA01.2014
Masters of Business Administration - undefined
La Salle University
Philadelphia, PA01.2012
Bachelor of Arts - Communications
Rider University
Lawrenceville, NJ01.2001
Skills
- Proficient in: PeopleSoft Ascent, Oracle R12, Workday ERP, Concur, MS Dynamics GP, MS SharePoint, MS Access, Sage Intacct, Adobe Creative Suite, Kofax, MS Office
Timeline
Assistant Vice President, Accounts Payable
Thomas Jefferson University and Jefferson Health
03.2020 - Current
Director of Procurement & Accounts Payable
Recovery Centers of America
04.2016 - 03.2020
Director, Accounts Payable Shared Services
Comcast Corporation
05.2015 - 04.2016
Corporate Director of Accounts Payable and Purchasing
NHS Human Services, Inc.
01.2011 - 01.2015
Communications and Marketing Manager
NHS Human Services, Inc.
01.2002 - 01.2011
Masters of Business Administration - undefined
La Salle University
Bachelor of Arts - Communications
Rider University
Foundations in Project Management -
Villanova University – School of Continuing Studies
Demonstrated Success In
- Project Management
- Systems and Process Implementation
- Budget Management
- Vendor Relationships
- Travel & Expense Program Administration
- Data Analysis
- Corporate Card Programs
- Policy Development & Enforcement
- Procure-to-Pay Automation