Frank Y. Samuel, MBA

*** * ***** ****** 847-***-**** (Home)

Lake Forest, IL 60045 512-***-**** (Cell)

E-mail: h4qfkv@r.postjobfree.com

PROFILE AND OBJECTIVE

• Dynamic, high achieving, results oriented executive with extensive experience in Fortune 100 and Big 8 Public Accounting companies.

• Proven capability to drive business growth, profitability, cash flow, savings, and operational excellence.

• Passionate about leadership, performance management, process improvement and risk management.

• Seeking an executive level position in Finance, Operations or General Management.

SKILLS AND EXPERIENCE

• Executive and Organizational Leadership combined with diverse skills and experience in Strategic and Financial Planning, Budgeting, Treasury, Risk Management, Forecasting and Analysis.

• Public Accounting and Consulting experience including Auditing, Tax, HR and Project Management.

• Operations Management expertise with Business Process Improvements and Six-Sigma Concepts/Tools.

• Business Development, Marketing, Mergers and Acquisitions, Integration, IT and Entrepreneurship.

WORK HISTORY AND ACCOMPLISHMENTS

Independent Consultant, Lake Forest, IL –2009 to date

Pepsico (Quaker Oats, Tropicana and Gatorade Division), Barrington, IL

• Implemented sales reporting (>$1B) from SAP system for Central region VP and Directors of Sales.

• Trained and transitioned sales reporting using Business Objects to staff for ongoing administration.

Clinical Resource Network (CRN), Deerfield, IL

• Acting COO supporting CEO and directing clinical trials operations, international roll-out and strategy.

DLC Inc., Chicago, IL – 2007 to 2009

Walgreens/Optioncare (Homecare Group), Buffalo Gove, IL – Consultant - 2009

• Reviewed current policy and procedures and provided best practice recommendation for Rental Asset (Medical and Durable Medical Equipment) tracking.

• Reviewed and Analyzed Operating Income Statement and provided recommendations for margin (1-2%) and process improvements.

NorthShore University HealthSystem, Evanston, IL - Consultant – 2007 to 2009 (February)

• Directed and implemented key strategic initiatives for the North Shore University HealthSystem CFO.

• Managed the Shared Services Philanthropic Operations for the Foundation President.

• Led project to convert tracking of research grant revenue ($35M) in spreadsheets to new Grant Management System, resulting in improved close cycle time, revenue recognition, reporting and metrics.

• Led project to convert all Endowment funds ($100M) from spreadsheets to new web based system with automated interface to the General Ledger for improved monitoring, reporting and monthly close cycle.

• Reviewed and provided recommendations to automate and streamline capital request approvals ($125M).

• Directed and implemented a Document Imaging System with workflow to manage Physician’s employment contracts generating efficiencies and 20% ROI.

• Designed and created a model to track weekly/monthly net cash flow from key business units and established basis for weekly forecasting and management.

• Established a Philanthropic planning framework and process, and created roadmap and forecast outlining annual gift revenues from $20M to $30M in 5 years.

• Led project to roll out and implement Business Objects/Crystal Reports for financial and operating metrics and dashboards.

FRANK Y. SAMUEL (page 2)

Carousel Management Services, Austin, TX

Chief Financial and Operating Officer (CFO/COO) – 2007

• Led and managed the Finance, Accounting, Marketing, and HR and Information Systems functions.

• Directed and implemented the general ledger clean up, and established a new standardized chart of accounts and structure for monthly consolidation and reporting across all entities.

• Directed marketing efforts resulting in 25% increase in patient volumes and revenue.

• Directed and implemented Accounts Payable and Medical Claims Reimbursement process, standards, terms and metrics to manage and optimize weekly cash flow.

Daystar Oil and Gas Corporation, Austin, TX

Chief Financial Officer (CFO) – 2005 to 2007

• Officer, board and senior management team member of the company and its subsidiaries.

• Led and managed the Finance, Accounting, Human Resource, and Information Systems functions.

• Implemented a new web based system to gauge daily oil and gas production and revenue by well/field.

• Transitioned and consolidated all Finance, Operations and HR functions to corporate office, resulting in annual savings of $250K, and improved control and management.

• Directed clean up of general ledger, chart of accounts for proper classification and reporting of financials.

• Implemented budgets and cost cutting measures to improve profitability and cash flow.

• Negotiated with investment bankers, vendors and partners to procure financing (over $1M) and terms.

Dell Financial Services, Austin, TX

Senior Manager, End of Lease (EOL) Operations – 2004 to 2005

• Managed EOL operations, including product returns, buyout quotes, billings, and customer service.

• Drove process improvements to bill Missing, Wrong and Damage (MWD) charges, resulting in over $100K in quarterly revenues.

• Supported and directed transition of EOL customer service to India, generating annual savings of $300K.

Senior Manager, Project Management – 2004

• Drove strategic and tactical Business Process Improvement (BPI) projects across all segments resulting in over $1M in annual cost reductions and savings.

• Completed Six-Sigma/BPI Green Belt course work and training.

Baxter Healthcare Corporation - Baxter Capital, Deerfield, IL

Director of Operations – 2003 to 2004

• Led and managed the Operations function, including Contract Management, Pricing, Billing, Credit and Collection Resolution, Asset Tracking, UCC Filings, and Process Documentation.

• Established a Credit and Risk Management function for leasing, including credit policy, process, reporting and metrics, resulting in reduced bad debt write-offs and reserves.

• Reduced leasing collection Delinquency Rate to less than 5% from 11%, resulting in $1M improvement in cash flow and receivables.

• Supported launch of leasing and financing initiative across all Europe to generate incremental revenues.

• Directed and updated procedures for internal control gaps and to meet Sarbanes-Oxley requirements.

FRANK Y. SAMUEL (page 3)

Director/Manager of Business Process Innovation (BPI) – 2000 to 2003

• Managed BPI/Six-Sigma projects across all functions to support strategic and tactical initiatives.

• Integrated three diverse business segments/divisions into the leasing functions, resulting in significant interest income and portfolio growth of $50M.

• Implemented a global document imaging system for lease contracts, resulting in improved efficiency, customer service and cost reductions of over $100K annually.

System Development Manager – 1998 to 2000

• Project Manager for implementing all phases of the new leasing system and interfaces to ERP system.

• Directed and implemented a new leasing system and infrastructure in six months, improved efficiency, and provided capacity to grow medical equipment lease portfolio by $250M in four years.

• Managed personal computers administration and user training, as well as capital and operational budgets.

Abbott Laboratories Inc., Abbott Park, IL

Section Manager, Sales Audit, Abbott HealthSystems Division – 1993 to 1998

• Managed and audited domestic daily sales ($3B) prior to reporting to division controllers.

• Directed IT staff in process improvement initiatives resulting in over $1M annual cost reductions.

• Designed and directed implementation of a sales tax compliance system to reduce fines of over $1M.

• Directed conversion to new Sales Tax system resulting in accurate tax calculation and compliance.

• Utilized new technology to convert paper, microfiche documents and reports to on-line electronic viewing, generating savings of $100K annually.

• Implemented an Imaging system to convert all paper documents to electronic images to improve customer service and response times.

• Supported and directed multi-million $ joint ventures, acquisitions, and other key strategic initiatives.

Sr. Mfg. Accountant/Supervisor, Hospital Products Plant ($100M Thru put) – 1990 to 1993

• Oversaw monthly close and reporting of the plant Manufacturing Cost Statement and Balance Sheet.

• Developed budgets and standard overhead rates for each production line. Supported plant cost reductions.

• Prepared key schedules and analysis for the annual financial and operating plans and updates.

Senior Financial Analyst, Hospital Products Division – 1988 to 1990

• Administered the $100M capital budget, reviewed and approved requests to meet 20% ROI guidelines.

• Supported Division Controller in multi-million $ acquisitions of new products and companies, joint ventures, partnerships and lease versus buy decisions.

Crowe, Chizek and Co. IN and Ernst & Whinney – CPA

Staff/Senior Accountant – 1985 to 1988

• Supervised and carried out audits, prepared financial statements and tax returns, and advised clients.

• Consulted on capital budgeting, financial planning and analysis, and process improvements.

EDUCATION

• MBA, Finance (Honors), Indiana University, Bloomington, IN

• BS, Accounting (Honors and Distinction), Indiana University, Bloomington, IN

• Completed both degrees in 4 years.

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