Financial Analyst

Alice P. Saunders, MBA

** ******* ****, ******, ** 27712

linkedin.com/in/alicesaunders **********@*****.*** 919-***-****

PROFILE

Motivated finance professional, primarily in health care industry, with proven track record in financial management & analysis, budget planning, project management and process improvement. I have demonstrated success in managing and collaborating with diverse team members to attain desired organizational goals through utilization of effective problem solving, industry best practices and organizational skills.

CORE COMPETENCIES

! Strategic Planning ! Financial Reporting ! Analytical Ability

! Leadership ! Financial Management & Analysis ! Statistical Analysis

! Operations Management ! Budget Planning / Forecasting ! Process Improvement

! Teamwork ! Variance Analysis ! Problem Solving

CAREER HIGHLIGHTS

Process Improvement

Reduced monthly A/R reporting process involving intensive data manipulation from 5 days to 3 days

Collaborated with leadership to streamline the volume of financial reports resulting in 50% reduction

Financial Management

Served as budget analyst with responsibilities for over $91M total operating expenses, $99M total gross patient revenue and 982 budgeted FTEs

Responsible for $20M+ in annual Medical Director and $15M annual house staff funds flow between Health System entities

Financial Reporting

Created dashboard of key departmental performance indicators reflecting historical performance trends, actual performance compared to budget and projected year-end performance

Recognized by leadership for financial reporting package of key departmental metrics to Corporate Finance

Project Management

Served as project financial stakeholder with cross-functional team to assist in the development of new patient-centered reports by technical and professional business

Led discussions with internal and external stakeholders to develop performance trend reporting and modeling of new business model resulting in successful transition from external to internal financial reporting

Finance/Accounting

Prepared and posted journal entries for physician and house staff residents administrative support

Updated Flash Financials and budget to actual income statement variance analysis for CFO

Management

Supervised diverse finance team of financial analysts and accounting specialists responsible for reconciliations, accounts payable, profit & loss statements and reimbursement

Established team meetings to foster teamwork and improve work culture

CHRONOLOGICAL WORK HISTORY

(Contract) Robert Half Management, FP&A Analyst, Raleigh, NC 08/2012 - 11/2012

Teleflex Medical, Durham, NC

$ Contributes to annual operating expense and FTE budgets for year-end projections and forecasts

$ Conducts research for variance analysis of year-end projections performance to plan

$ Assists with month end internal reporting and distribution to operations

$ Performs reconciliations of internal financial reports as assigned

$ Responds to ad hoc special projects as assigned in timely manner

(Contract) Accountants One, Contract/Denial Management Specialist, Raleigh, NC 12/2011 - 03/2012

Johnston Health, Smithfield, NC

• Provided decision support and analysis of specified clinical services or clinical service lines

• Completed ad hoc special projects as assigned in timely manner

• Corrected insurance claims according to regulations to increase collection efforts and decrease denials

• Managed denials processes and work cohesively with collections follow-up team for issue resolution

• Served as liaison for internal stakeholders and external auditors to ensure appropriate billing controls

• Collaborated with external account management to develop/enhance existing performance reporting

• Generated weekly reports for distribution to internal customers and external account management

(Contract) Manpower/ Experis Finance, Staff Accountant, Raleigh, NC 10/2011 - 11/2011

Clinverse, Inc, Raleigh, NC

• Established new clients and sites in clinical research accounting system

• Conducted site-based reconciliations of research clients billing processes compared to trial protocols

• Validated and initiated accounts payables by client/site to ensure appropriate costs identified in ClinPay

• Performed ad hoc special projects as assigned in timely and efficient manner

Duke University Health System

Financial Analyst, Durham, NC 06/2008 – 08/2011

Patient Revenue Management Organization, Self Pay Collections

• Conducted variance analysis to identify adverse trends compared to budget and prior year

• Provided decision support and analysis for strategic planning, process improvement and ad hoc reporting

• Prepared financial performance reports of key department indicators for Corporate Finance

• Collaborated with cross functional teams for implementation of new initiatives

• Successfully modeled technical and provider-based billable collections and invoices resulting in smooth

transition from external to internal billing processes

• Supervised one direct report with weekly and month end reporting functions

Administrative Manager, Durham, NC 07/2007 – 05/2008

Duke University, Department of Anesthesiology

• Supervised finance FTEs and conducted appropriate personnel actions including performance goals,

evaluations, recruitment and selection of candidate(s) to backfill vacancies

• Collaborated with consultant and senior team to develop and standardize reporting of monthly dashboard

• Contributed to preparation and planning of annual faculty practice and academic operating budgets

• Provided oversight for reporting of monthly P&L statements and ad hoc performance analysis

• Wrote standard operating policies and procedures for financial functions for effective internal quality control

Duke University Hospital Finance 04/2003 – 07/2007

Financial Management Analyst

Hospital Financial Planning and Analysis (9/2005 – 7/2007)

• Served as budget analyst for Neurosciences & Medical/Surgical/Critical Care areas and assisted with annual operating budget planning and development

• Conducted monthly variance analysis compared to budget for assigned clinical and non-clinical areas

• Assisted with capital financial planning and audits for assigned areas

• Facilitated discussions with physicians and clinical staff to determine corrective measures

• Prepared analysis and reports for operational & capital budgets, financial statements and statistical analysis

• Prepared quarterly CSU financial performance and profitability analysis for presentation to senior leadership

Financial Management Analyst

Hospital Finance, Controller’s Office (4/2003 – 9/2005)

• Prepared monthly Income Statement and Flash Financials reporting package for use of CFO

• Researched general ledger variances and provided written analysis for leadership

• Participated on supply chain focus group for standardized office supplies and cost containment

• Performed monthly house staff and medical director journal entries according to contractual agreement

• Prepared monthly reports for use by Corporate Finance

Private Diagnostic Clinics, LLP 10/2000 – 04/2003

Financial Analyst, Durham, NC

PDC Financial Management and Analysis (10/2002 – 4/2003)

• Prepared quarterly cost allocation of clinical products and services for multi-disciplinary ambulatory practice

• Collaborated with assigned clinical areas for budget planning & oversight, cost effective decision-making and performance improvement strategies

• Prepared quarterly financial information for presentation to PDC Executive Board

Reimbursement Analyst, Durham, NC

PDC Reimbursement (10/2000 – 10/2002)

• Collaborated with clinical areas to foster billing best practices, establish fees, and enhance denial management

• Performed feasibility studies and analysis for cost effectiveness of service line expansion

• Developed strategic scorecard outlining clinical service line initiatives with outcome measures

• Participated in monthly team meetings with operational stakeholders and denial team members to discuss corrective measures for denial trends and account receivables performance

TECHNICAL SKILLS

Proficiency in Excel (pivot tables, v-lookups) Microsoft Access(SQL), PowerPoint, Outlook, Transition System II (T2), IDX, Siemens, Meditech, COGNOS (end user), CODA, General Ledger, Hyperion Essbase, BPS, SAP R/3 and SAP BW

EDUCATION

Meredith College - Masters in Business Administration, Raleigh, NC

North Carolina Central University - Bachelors in Business Administration, Major in Finance, Durham, NC

Duke University Continuing Studies - Financial Planning, Performance and Control Certificate of Completion, 2012

Durham Technical Community College - Fundamentals of Project Management Certificate of Completion, 2010

NC State University - “Effective Problem Solving and Root Cause Analysis” 2012 & 2010

Duke University - Research Costing Compliance Certificate of Completion, 2008

Association of American Medical Colleges’ Manager’s Training, Houston, TX, 2008

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