Victoria L. Johnston, CPA, MBA
Parkland, Florida
Cell: 813-***-****
abhigv@r.postjobfree.com
Profile: A successful, results oriented, hands-on executive with a proven
track record in financial management, internal controls, continuous
improvements, and team building.
Professional Experiences
Hospice By The Sea, Inc. May 2009 - Oct. 2010
A $50M healthcare organization specializing in home health, hospice, and
palliative care; Boca Raton, Fl.
Chief Financial Officer
. Reporting to the CEO, responsible for all aspects of finance,
accounting, materials management, patient billing & collections, and
project management. Manage 4 direct reports, and 24 staff members.
. Facilitate monthly meetings with the Finance Committee; work with the
Board of Directors, auditors, bankers, investment brokers, pension plan
administrator, and insurance brokers to ensure organizational financial
feasibility and risk mitigation.
. Improved financial integrity from unreliable, untimely financial
reporting to monthly, timely, and reliable financial information.
Yearend audit report had "no findings", "no audit adjustments" and
clean opinion.
. Implemented Microsoft Dynamics Great Plains financial software and
McKesson Horizon clinical software for the home health agency under
budget and within project time line.
Hospital Corporation of America (HCA Inc.) June
2006 - April 2009
The largest private operator of healthcare facilities in the world ($28B);
Nashville, TN.
Chief Financial Officer, Integrated Regional Laboratories, Ft. Lauderdale,
Fl.
A laboratory services division of HCA operating laboratories in 12 South
Florida HCA hospitals and providing laboratory services to outreach clients
and hospitals throughout Florida, Georgia, Carolinas, Virginia, and the
Caribbean, $75M revenue, 850 employees.
. Member of the executive management team reporting to the CEO.
Responsible for financial and capital budgeting, all financial reporting
and forecasting, internal controls including Sarbanes Oxley compliance,
internal and external audit, medical billing and collections, materials
management, cost development, sales performance reporting, client
profitability and credit analysis, and company operations analysis.
. Championed key performance metrics and expense controls resulting in
financial performance that exceeded EBITDA targets.
. Partnered with the executive management team to develop the annual
strategic plan; created and presented the business case for providing
reference testing to 50 HCA hospitals rendering $750K in savings.
. Captured $2.5M in saving through vendor supply and lease contract
negotiations.
. Developed sales compensation plans, quotas, and territory attainment
reporting resulting in stabilization of the sales force and improved
sales attainment.
. Designed profitability and pricing models for clients and capitated
revenue contracts. Developed pathology fee schedules, coding and billing
processes.
. Established and maintained credit/collection policies; reduced DSOs by
23% through billing process improvements.
. Responsible for managing 25 employees.
Quest Diagnostics Incorporated August 1998 - June 2006
$7.0 billion healthcare company; Madison, NJ.
Quest Diagnostics Incorporated (continued)
Controller, North Florida April 2002 -
June 2006
. Shared general management responsibilities with the Operations Director
after Managing Director transition; managed $300M North Florida
operation for 1.5 years during period of double digit growth.
Recommended strategic investments resulting in higher than expected
operating margin while exceeding customers' expectations.
. Responsible for all aspects of financial management; month end close,
financial reporting, monthly forecasting, budgeting, internal and
external audit preparation, Sarbanes-Oxley compliance, acquisitions,
downsizing, client profitability analysis, cost development, inventory
accounting, capital management, medical insurance billing and
reimbursement analysis. Reported to the Managing Director.
. Managed the financial aspects of $3.8M laboratory building expansion
project on time and within capital budget.
. Championed Six Sigma Black Belt Projects rendering $1.2M savings.
. Performed due diligence for business acquisitions.
. Recognized for strong internal control environment; received one of the
best internal audit reports in Quest Diagnostics.
Regional Controller, Western Region August
1998 - April 2002
San Diego, San Francisco, Los Angeles, Denver, Portland, Seattle, Phoenix
and over 200 satellite locations, $1.3B revenue
Drove Western Region financial performance resulting in two consecutive
years of growth and above budget performance, after several years of
inconsistent profits. Advised Regional VP and his management team of
financial issues, developed strategic plans, and analyzed financial
risk/reward for capital investments, acquisitions and joint ventures.
Became one of VP's most trusted advisors.
Managed all financial functions for the region including budgeting,
forecasting, variance analysis, growth initiatives, financial reporting,
capital spending, audit liaison, internal controls, sales account
profitability, accounts receivable and revenue management.
Participated on the due diligence team for the acquisition of Unilab
Corporation, an $800M laboratory business. Received Chairman's "Best of
Quest" Award for performance on this team.
Recruited/developed/directed regional financial team including business
unit controllers, assistant controllers and staffs. Managed a staff of 30
employees located throughout the Western Region.
Re-negotiated significant laboratory management contract resulting in $1.0
million profit improvement.
Johnson & Johnson April 1994 -
August 1998
Advanced Sterilization Products, Irvine, CA
$500 million medical device manufacturing company
Manager, Financial Accounting and Business Process Improvement
January 1997 - August 1998
Appointed by the Executive Committee to lead project for Johnson & Johnson
Signature of Quality initiative. Designed balanced scorecard and
measurement processes throughout the organization.
Improved Accounts Receivable DSO by 10%, through process improvements.
Recruited and trained individuals qualified to support organization's
objectives and fast paced growth.
Responsible for general accounting, financial planning, reporting, closing,
forecasting, and budgeting.
Manager, Operations Accounting April 1994 - January 1997
Managed inventory and production financial reporting, including variance
analysis, production forecasting, cost and gross profit analysis, quarterly
reserve adjustments, budgeting, and forecasting.
Set annual standard and new product costs using an Activity Based Costing
methodology.
Project leader for the design, selection and implementation of MRP software
system (Dataworks).
Profitrac, Inc, Partner 1993 -
1994
Trelleborg AB., Assistant Controller 1991 -
1993
Ameritrust Corporation, Accounting Manager 1989 -
1991
Kent State University, Staff Accountant 1987 -
1989
Shonk, Feller, Tuber & Brown, CPA's, Staff Accountant 1980 -
1982
Hill, Barth, & King, CPA's, Staff Accountant 1978 - 1980
Education
BS, Accounting, University of Akron, 1987
MBA, Finance, University of Akron, June 1998
25% course work completed at Pepperdine University, Irvine, CA
Selected Professional Training Courses:
Six Sigma Green Belt, Strategic Planning, Organizational Excellence,
Sarbanes Oxley,
Signature of Quality, J &J Leadership Training, Annual GAAP Update
Proficient in Excel, PowerPoint, Word, PeopleSoft, Mapics, Dataworks,
Essbase, FourthShift, Host, SMART, VISTA, Kronos, GHX, Mysis Clinical
Financial System, Meditech, Microsoft Dynamics Great Plains and FRX report
writer, McKesson Horizon Clinical System
Accreditation & Professional Membership
Certified Public Accountant, State of Ohio, 1989 (Practicing Permit)
Healthcare Financial Management Association
Financial Executive Networking Group