Performance-driven business leader who works collaboratively with associates to drive profitable growth and increase shareholder value. Extensive financial, strategic, and operational experience, in businesses at all ends of lifecycle in the healthcare and biotechnology industries. “Big 4” Public accounting Experience. CPA/MBA.
Career Skills/Knowledge:
-Financial planning and analysis
-Strategic planning
-Business plan formation
-Compensation plan design
-Operations turnaround
-Project management
-Competitive analysis
-Profit enhancement/Risk mitigation
-Contract negotiation
-Built cross functional teams and mentored staff
-SAP R3, Expert Choice, and MS Office applications
Professional Experience:
Total Medical Cost and Underwriting Manager
June 2008-Present
Managed Total Medical Costs for designated markets with combined spend of $800MM. Responsibilities included financial analysis, reporting, review and approval of contract renewals, and Project Management.
-Responsible for understanding key drivers of medical cost and working collaboratively with matrix partners to drive savings initiatives and favorable par rate execution.
-Led annual unit cost planning process working with contractors and direct reports to improve unit cost discounts, contract structure, and competitive position.
-Directed efforts to ensure the efficient operation and cost-effectiveness of operating systems and programs.
-Successfully led a team of professionals who worked remotely
-Drove realization of $30MM+ Medical Cost savings in market by working with contractors to integrate facility and professional contracts of acquired company.
Controller
November 2006- May 2008
Leader in business turnaround for a $130MM workers comp company specializing in case, fee, and pharmacy management services. Reported directly to CFO, while working closely with other members of senior leadership team to address earnings challenges and develop strategy to drive profitable growth.
-Directed the overall control/financial analysis of $100MM+ expense budget.
-Led efforts to improve customer profitability analytics facilitating more competitive pricing and revenue growth.
-Critically reviewed, evaluated and challenged the integrity of functional area plans/forecasts.
-Oversaw efforts to reduce direct expenses and improve overall earnings.
-Supervised improvements in revenue/strategic forecasting models.
-Designed financial reports, performance metrics, and leading indicators to provide management critical information necessary to make informed, fact based decisions.
-Supervised development of case management capacity models to achieve optimum staffing levels and profitability.
-Partnered with VP Sales, HR, and Compensation department to design/build sales compensation plan which increased sales pipeline and realized new sales by 30% in desired product segments.
-Led a cross-functional team of operations, finance, and internal/external audit to complete Type I SAS70.
-Guided efforts to attract, develop, retain, engage, reward and promote team of finance professionals.
-Responsible for redesigning Financial Development Program learning curriculum and creating “Development Matrix” which aligns with corporate competency framework and leverages company’s investment in training resources.
Senior Financial Analyst
September 2003- October 2006
Managed multiple functional budgets which in total exceeded $100MM+, as well as a capital budget of $300MM+. Counseled non-finance senior management on financial aspects of managing their business. Direct responsibilities included financial/operational reporting, working with senior management to help produce board presentations, budgeting/forecasting, business case and trend analysis, strategic planning, and financial modeling. Supported both domestic and international business partners in the U.S., Puerto Rico, and Europe.
-Worked with logistics, manufacturing, and marketing, to help develop capital and COG’s forecasts for long-term Strategic Plan.
-Partnered with the tax department, manufacturing, and R&D to develop global tax strategies for pipeline products which reduced overall effective tax rate.
-Finance lead on cross-functional team managing a $60MM+ tech transfer of manufacturing processes to a contract site. Prepared product cost models used in contract negotiations, reviewed scope changes/amendments, and tracked project spending. Project was completed on time and 10% under budget.
-Performed a comprehensive competitive analysis on other pharmaceutical companies in order to help management benchmark capital efficiency and inventory management.
-Saved the company $5MM by identifying/working to eliminate inefficiencies in process science area.
-Prepared NPV, IRR, and payback analysis to evaluate capital investment opportunities. Responsible for approving all purchases up to $150K.
-Prepared financial analysis used to evaluate the business case for pursuing Six Sigma initiatives.
-Responsible for SOX 404 implementation and audit of fixed asset cycle.
-Developed and managed all cost allocations to internal plants, R&D, and external affiliates fully leveraging SAP.
Financial Analyst
November 2001-August 2003
Supported start-up biopharmaceutical manufacturing facility with annual COGP budget of $150MM+. Provided monthly forecasting and analytics for plant manufacturing costs. In addition provided analytical decision support analysis on issues impacting product cost trends.
-Partnered with management to create annual business plan and forecasts.
-Prepared monthly inventory, days of supply, and reserve analysis for multiple manufacturing sites.
-Developed metrics for “Balanced Scorecard” which was subsequently implemented across the organization.
-Helped develop/manage process for capitalizing/releasing production variances to standard costs. These policies were approved by management and external auditors, and then implemented across the organization.
-Used statistical tools to analyze production losses which led to changes in manufacturing processes and subsequent COG’s reductions.
-Applied decision support software to facilitate the selection of new contract-manufacturing site.
-Directed physical inventories & cycle counts at internal and contracted manufacturing sites.
-Worked with engineering and project management to provide finance support necessary to determine ROI on large capital projects.
Audit & Assurance Senior Accountant
September 1998- October 2001
Managed field audit engagement and client/firm relationships. Worked on several public clients including Comcast and Pep Boys gaining SEC reporting experience (Forms 10Q/10K).
-Managed all aspects of financial statement audits including planning, tests of controls, substantive testing, report issuance, and staff supervision.
-Researched and interpreted technical accounting pronouncements to provide client with solutions to accounting issues.
-Served on a wide variety of clients in many different industries including non-profit, retail, manufacturing, banking, and communications.
-Supervised, trained, mentored, and evaluated less experienced members of the audit team.
Education:
Villanova University, December 2005
Masters of Business Administration
Villanova University, May 1998
B.S. in Accountancy
Certifications:
-Licensed CPA in the state of Pennsylvania
Memberships/Activities/Interests:
-Phi Sigma Kappa National Fraternity Founding Father
-March of Dimes
-AICPA & PICPA Member
-Avid golfer and fitness enthusiast |
