Vice President Health Insurance
Resume:
RICHARD LAROSE
Enfield, CT *****
Home 860-***-**** Cell (860) 394 - 7077
Email: ********@*******.***
Vice President/Chief Financial Officer
Over twenty years of experience in accounting and finance rising to the level of CFO and Vice President
utilizing and building on past experience as a practicing CPA, with extensive hands-on experience and a
record of successful accomplishments in managing the company finances and working in coordination
with the owner and boards of directors to effectively and efficiently meet the objectives of the company
and client companies administered.
Core Competencies
Management of Accounting and Audit Coordination and Federal and State Regulatory
Finance Operations Assistance Compliance
Controllership and Decision Policy/Process Development Risk Management and
Support and Improvement Mitigation
Financial Reporting and Analysis Forecasting and Budgeting Financial Modeling
Professional Experience
2000 - Present
Pool Administrators Inc.
A spin-off of United Healthcare and provider of high risk pool health insurance and small
employer health reinsurance administration.
Vice President/CFO
Manage the daily operations of the accounting function, including accounts payable, accounts receivable
and financial reporting for both the company (PAI) and client companies resulting in the production of
accurate and timely financial statements and financial reports for all entities.
Development, documentation, implementation and maintenance of sound policies and procedures, the
end products of which have been adequate, effective and efficient controls over financial, operational and
organizational processes while ensuring the safeguarding of assets.
Lead and coached a team of twelve employees to establish the operational and organizational functions
across the entire company at it’s founding through the encouragement of cooperation amongst a diverse
population, and enlightening staff on the importance of interdependencies of functions and roles across
the organization and the role that cooperation plays.
Continual research and evaluation of regulatory and authoritative requirements to ensure compliance at
both the state and federal level regarding operations, accounting and financial reporting, and grant
administration.
Develop, track and monitor operating budgets, forecasts and variance reports for the company as well as
for special projects and client organizations producing current and accurate estimates for the company
and the Connecticut health insurance industry.
Richard Larose
45 Guild Street
Enfield, CT 06082
(860) 394 - 7077
Email: ********@*******.***
Budget to actual analysis, ensuring cost variances are anticipated and avoided if at all possible. If such
variances are not avoidable, justification of the variances and explanations of such are delivered timely
to the appropriate parties and managed for maximum mitigation.
Facilitate and lead cross-functional teams of senior management to identify organization wide objectives
and goals and to identify issues and concerns. These projects have resulted in the development and
implementation of an effective and test-proven disaster recovery and business continuity plan, as well as
the efficient development and/or modification of four proprietary applications, and numerous processes.
Analysis of current and historical data for financial modeling to take a proactive versus reactive
response to issues through the early identification of such.
Preparation of accurate and timely financial statements and reports, including the preparation of all
related account reconciliations and supporting documentation and the presentation to the ownership of
the company as well as the Boards of Directors of the client companies administered.
Coordination, planning and oversight of the annual audit function performed by the independent CPA
firm for the client companies administered, as well as working with the auditors toward the timely
completion of the audits.
Management and oversight of the statutory quinquennial financial examination of a client company’s
financial statements by the Connecticut Insurance Department, and the examination of another client
company’s financial information by the Federal Centers for Medicare and Medicaid Services.
1997 - 2000
United Health Care, Hartford, CT
Senior Financial Analyst
• Performed general accounting and financial reporting functions for high risk pools, with annual
revenues of $75 million.
• Used multiple analytics to contribute to positive cash-flow, revenue growth, cost controls, profit
margins, and bottom-line profitability.
• Reviewed risk models to assess their viability in determining profit margins.
• Performed ongoing financial reporting and presentations to senior management.
1992 - 1997
Fulco, DiTomasso, CPA'S, Newington, CT
Audit/Tax Manager
• Established client-focused partnerships, linking consulting services to the needs and objectives of
a diverse client base.
• Worked with clients to improve internal controls, regulatory compliance and data accuracy and
integrity, as well as the provision of tax and audit services.
Education
American International College
Bachelor of Science in ACCOUNTING
Certifications and Other Accomplishments:
CFO of the Year 2008, 2nd place from a field of 26; CPA, 1992, State of Massachusetts (Expired in
the process of renewing)
References available upon request
Contact this candidate