Chief Finance and Operations Officer Resume Example

Under the direction of the CFO, directed the financial operations and internal controls of a 173 bed safety-net hospital with Level II Trauma Center.

Notable Achievements

• Reduced the number of month end close days from 25 to 8 by automating systems, providing in-service training to staff and implementing best practices.
• Reduced the number of AP days outstanding from 30 to 15 by creating a workflow to eliminate inefficient practices and establishing key performance indicators to monitor staff performance.
• Improved collaboration between hospital directors and finance staff through the implementation of a financial reporting/budgeting dashboard to provide better visibility into their financial statements and improving the efficiency of the annual budget process.

Key Responsibilities

• Month End Financial Statement close ensuring accurate reporting of hospital statistics, contractual deductions, operating expenses and balance sheet reconciliation.
• Public Hospital government funding through the CA 1115 Medicaid Waiver, including reconciling hospital metrics, submissions to the state and annual audits.
• Directed the preparation of the annual Cost Reports, quarterly OSHPD reports and all required audits.
• Worked closely with decision support and CFO analyzing revenue trends including service lines, payor mix and operational statistics.
• Supported the CFO during union labor negotiations, modeling pay/benefit scenarios and determining financial feasibility of proposals.
• Worked with department directors to develop financial plans to increase revenue, contain costs and meet budget goals.
• Partnered with Director of Materials Management monitoring compliance with county purchasing policies while maintaining sufficient par levels.
• Worked with Revenue Cycle Director managing A/R aging days to ensure collections meet cash needs, monitoring payor contracts and chargemaster data to ensure compliance and reduce repayments due to inaccurate reimbursement.

Under the direction of the Controller, managed the financial operations of the Medi-Cal Health Plan for three counties including month end close, accounts payable, payroll and annual audits.

Notable Achievements

• Reduced month end close process from 15 days to 5 days by the automation of key reports and standard journal entries.
• Eliminated prior year audit findings by establishing policies and procedures to eliminate internal control issues.
• Successfully implemented the 1095 reporting requirements under the Affordable Care Act.
• Improved employee moral by partnering with HR to implement a 9/80 work schedule.

Key Responsibilities

• Directed the month end close process, accounts payable, weekly claims payments and IBNR calculations.
• Assisted the Controller with provider contract renewals and the preparation of the annual rate development reporting for the State.
• Responsible for the Annual Audit, implementing policies to ensure no material weaknesses.

Under the direction of the CEO, responsible for the management of the financial reporting of a stock administration consulting firm.

Notable Achievements

• Reduced the payroll processing time from 5 days to 1, as well as reducing errors by 20% through the implementation of a centralized timekeeping system.
• Improved the financial reporting by creating allocated financial statements for the key departments.

Key Responsibilities

• Supervised accurate, efficient and compliant completion of the monthly financial reporting packages.
• Managed daily financial functions in collaboration with accounting and payroll personnel.
• Prepared external audit documentation and financial repots for use by management in operational planning and key decision making.