JOSEPH D. SCOLA
**** ********* **. *. ***** Branch, MS 38654 662-***-**** *******@*****.***
FINANCIAL & OPERATIONAL LEADER
Results-driven leader with experience in high growth and turnaround companies. Combine strategic, business, and
financial skills with a 15+ year track record of multi-million dollar revenue and profit growth. Fiscally responsible for
managing high-end budgets while driving cost controlled results. Proactive leader who translates objectives into
actionable plans for multi-functional and cross-cultural teams. Cultivate and maintain relationships with executives,
strategic partners and functional staff.
CORE COMPETENCIES
P & L Management – Multi Unit Policy & Procedure Development
Budget, Forecast and Profitability Analysis System & Technology Utilization
Strategic Planning & Organizational Leadership Team Building & Morale Enhancement
PROFESSIONAL EXPERIENCE
PINNACLE MEDICAL SOLUTIONS, LLC SOUTHAVEN, MS JUNE 2012 - PRESENT
VICE PRESIDENT – FINANCE & OPERATIONS
Recruited by Board of Directors to work with CEO in a turn-around Diabetic Supply DME by introducing sound
processes for both financial and operational disciplines. Core responsibilities included enhancement and management of
Finance (Accounting, Reimbursement, AP & Payroll), Human Resources, Customer Service – Patient Call Center and IT
Logistics.
• Revamped Accounting, Human Resources and Operational Policies and Procedures to support Best Practices for
Independent Audit(s) and ACHC Accreditation.
• Created Blue-print and led Project Management of implementation of new billing system (Brightree) to enhance
real time management reporting. The system design improved security, integrity and revenue capture.
• Created aggressive collections policies and payment protocols which increased patient balance collections by 42%
as of April 2013.
• Enhanced Business Compliance by engaging and partnering with independent financial and operational audit
firm(s). Company has never had a financial or operational audit prior to the 2012 fiscal year.
• Improved terms by negotiating with core vendors which resulted in a 17% reduction in Cost of Goods Sold.
Reduced Staff from operational efficiencies gained from procedural and systematic enhancements thus
recognizing a 22% reduction in payroll expense
• Created an enhanced team building and succession plan model to develop and build bench strength.
APRIA HEALTHCARE WEST TENNESSEE & NORTH MISSISSIPPI DEC 2009 – JUNE 2012
AREA MANAGER
Responsibilities included leading a team of Operational, Logistics and Clinical staff of three (3) branches for the largest
Durable Medical Equipment in North America. Developed market strategies and initiatives to drive sustained/future
growth within our service area.
• Combined net revenue for West Tennessee was within the Top 3 of fifty-eight (58) business units within the
Southeast division. Managed operating expenses lean to drive an average Operating Income of 36.2% thru May
2012. Patient Satisfaction averaged 90.5% for the area with a company goal of 85%.
• Selected by AVPO to assume responsibilities for the Change Management functions of the newly acquired
Praxair, Inc. in Tupelo, MS. As of May 2012, the Tupelo Branch exceeded budget by 107%.
• Exceeded company standards by consistently earning a 92% or greater on all external and internal FDA, JCAHO,
Logistics and Operational audit scores.
METHODIST LEBONHEUR HEALTHCARE - ALLIANCE MEMPHIS, TN JUNE 2008 – DEC 2009
CHIEF FINANCIAL OFFICER
Responsibilities included P &L integrity and responsibility for eighteen (18) business lines which included both for and
not for profit entities. 2009 Combined Net Revenues equated to $64.5M for the Home Medical Equipment, Home Care,
Hospice, Infusion, Outpatient Surgery Centers, Minor Medical and Urgent Care Centers, Sleep, Diagnostic and Renal
Centers.
• Improved Combined Operating Expenses through reductions generated by new Materials Management bid
process and Vendor negotiation resulting in a cost savings of $650k ®.
• Developed new process/template for Budget upload into SAP.
• Created Operational and Financial Dashboard tools to create a weekly snapshot of each business which aided the
CEO, Administrators, and Managers when making decisions regarding each business.
• Created aggressive AR Policies and Goals on all balances > 90 days to improve cash flow. This action improved
cash and reduced bad debt expense. As of October 2009, bad debt expense was reduced $350k ®.
• Revamped HME Inventory process and incorporated Best Practices via approved healthcare guidelines with
oversight from Methodist Internal Audit Group.
• Conducted Pre-Audit to ensure successful re-accreditation of CHAP accreditation.
CONWOOD COMPANY, LLC MEMPHIS, TN DEC 2004 – JUN 2008
DIRECTOR OF ACCOUNTING
Responsibilities included managing all General Accounting, Accounts Payable, Fixed Assets, Cash Management and
Payroll functions for the second largest smokeless tobacco company in North America. Average Net Revenue equated to
$735M with a consistent historical profit margin of 45-50%.
• Selected to serve on the Finance Committee designated to map the financial conversion of Conwood from a
private to a publicly traded company.
• Partnered with System Consultants to design the system platform to support stronger internal controls and
reporting to support Sarbanes – Oxley (SOX) compliance.
• Designated as the Finance Leader assigned to the SAP Implementation Team. Owned 65% of the FICO blue print
and testing portion of the SAP Project.
• Liaison to provide detailed analysis and reports to Reynolds American Internal Audit and SOX Groups as well as
KPMG Independent Auditors.
• Achieved Superior KPI’s for RAI sensitivities which included all financial, accounting and compliancy functions.
OTHER PROFESSIONAL EXPERIENCE
ADESA CORPORATION (CONTRACT) MAR 2004 – DEC 2004
CONTROLLER
LOOMIS, FARGO & COMPANY TENNESSEE JUL 2000 – MAR 2004
AREA CONTROLLER
DUTCH OIL MARKETING, LLC COLUMBUS, MS AUG 1998 – JUL 2000
CONTROLLER – LUBRICANTS DIVISION
DEPARTMENT OF MENTAL HEALTH STARKVILLE, MS JAN 1995 – AUG 1998
GRANTS & FIXED ASSETS COORDINATOR
TECHNICAL SKILLS
Strong Experience with System Implementations which include JD Edwards, Oracle/PeopleSoft, SAP, Brightree, CPR +,
and QuickBooks.
Experienced Microsoft Office User to include Excel, Word and PowerPoint.
Technical Writer for both Financial and Operational Reporting.
EDUCATION
Bachelor of Professional Accountancy (BPA)
Mississippi State University Starkville, MS
Christian Brothers High School Memphis, TN
MILITARY
United States Air Force Veteran Honorable Discharge