Financial Management

GRISHMA SHAH MBA, CPA

*** ****** **, ******** ** 30068 770-***-**** (H) 734-***-**** (C) ***********@*****.***

SUMMARY

An experienced and motivated accounting & finance professional with comprehensive knowledge and skills in

planning, analysis, financial accounting and budgeting. . MBA (Finance), BBA (Marketing & QT), and CPA (U.S.

Certified Public Accountant). Possess excellent interpersonal and communication skills. Effective in working with

people at all levels of management within a diverse, global, matrix organization. Excellent at financial reporting,

problem-solving and committed to continually learn, maintain and apply finance, accounting, and management

knowledge, techniques and technical skills.

PROFESSIONAL EXPERIENCE:

Physician Oncology Services (R C Cancer Centers), Atlanta GA Feb 2010-Present

Sr. Financial Analyst

• Support financial planning activities against budgets and forecasts and provide understanding of results, while

maintaining an understanding of current patient treatment protocols at company’s cancer centers and

understanding their effects on payer contracts and Medicare:

• Assisted in the development of operating budgets and the distribution of financial resources, perform analysis

of variances and discrepancy between budget and actual expenditures, research financial data within

accounting systems and resolve questionable financial issues.

• Utilized a variety of Excel modeling tools to compile the budget ($35M)

• Maintain and report key business metrics.

• Maintain an understanding of Medicare reimbursement legislation and report to management the potential

changes and their effects on revenues

• Developed process mapping for major activities for EMR in MS Visio

• Regular duties include maintaining master payer schedules, manipulating and analyzing data from variety of

databases to identify benchmark practices or suggest improvements, book monthly revenue. Design, create

and transform financial data into easy-to-use-reports.

• Create ad hoc analysis using percentages and statistical methods (mean, median) related to treatment protocol

and revenues.

PIEDMONT HEART INSTITUTE, Atlanta GA 2008-Jan 2010

Sr. Financial Analyst

• Support financial planning activities of North GA regions and “not for profit” (501 c3) companies against

budgets and forecasts and provide understanding of results. Designed and developed Access database for both

PHI and “not for profit” companies. Developed Property and Equipment lease schedule (vendor/location), a

special and complex project which resulted in the saving of $20K a month. Handle business, property and

professional licenses for all locations and physicians. Ad hoc reports and projects as needed.

• Lead process improvement by providing insightful and timely analysis of monthly expense actual and forecasts

with explanations and analysis of key drivers (RVUs, encounters) linked to activities which resulted in

efficient budget and resource decisions.

• Prepare audit schedules for the internal and external auditors. Ensure all necessary paperwork and

documentation are gathered and that the audit complies with GAAP guidelines.

• Support creation and implementation of tools to drive the delivery and review of timely, relevant and accurate

budget ($35M) for PHI based on market conditions, resources, and specific business initiatives consistent

with senior management expectations.

• Utilize financial systems (Nextgen, Great Plains and Frx Reporting) to consolidate and report plans and

forecasts.

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UNIVERSITY OF MICHIGAN HOSPITAL, Ann Arbor, MI 2007

Financial Health Consultant

• Conducted Return on Investment (ROI) analysis for the Clinical Innovation Fund ($10M) based projects.

Developed, maintained and provided monthly project updates providing a detailed multi-year capital and

operating financial forecast and variance reports. Facilitated meetings with Project Managers to review

current budget situation and identify financial issues needing further clarification or resolution. Ad hoc

reports and projects as needed.

• Prepared sophisticated financial analysis (rates of return, depreciations, working capital requirements,

investment performance, and impact of governmental requirements) suitable for presentation to project and

institutional leadership to determine present and future financial performance.

• Developed a thorough financial perspective about the project to the teams resulting in accurate forecasts.

COLORBOK, INC., Dexter, MI 2005–2007

Financial and Cost Analyst

• Handled month-end accounting and financial reporting including financial statement preparation. Calculated

and accrued monthly and quarterly royalty payments and commissions for the internal and external sales staff

($4M). Maintained Royalty and Commission Database in Access. Coordinated with legal team in regards to

Trademarks and Intellectual Property. Ad hoc reports and projects as needed.

• Implemented new commission and royalty software and developed reports for the senior management and the

clients, which resulted into a shortening the close cycle by 3 days (from 10 days) and also increasing the

accuracy in payments by almost 100%.

• Ensured contract compliance by reviewing license agreements and providing summary to the President.

• Prepared audit schedules for the internal and external (licensor) auditors. Ensured all necessary paperwork and

documentation was gathered and that the audit complied with GAAP guidelines.

• Provided scenario analysis such as Customer Contribution Margin analysis to ensure agreement with

profitability goals.

• Maintained and develop financial models during the planning process and to support decision making by

executive leadership to ensure quality, accuracy and focused analytic review (product life-cycle, margin

expansion and vendor negotiation)

.

PFIZER GLOBAL RESEARCH & DEVELOPMENT, Ann Arbor MI 2002–2005

Sr. Financial Analyst

• Met with clients (Global Informatics and R&D) on a regular basis to discuss financial results and develop

forecasts to suggest process improvement initiatives and provide clear understanding of results. Presented

period results, as well as, trained and communicated finance issues to the team leadership members (VP

PGRD Informatics) and their direct reports. Ad hoc reports and projects as needed.

• Provided insightful and timely analysis of monthly expense actual and forecasts with explanations and analysis

that are linked to activities (projects) and drivers (headcount, phasing), which resulted in efficient budget and

resource decisions including developing, interpreting and implementing financial concepts for financial

planning and control.

• Reviewed and advised Finance Leadership on the site implementation of capital procedures and processes

($55M).

• Provided review and advise to Information Technology Leadership Teams on plan and forecast results based

on a thorough knowledge of the targets, budgets, resources, initiatives and investments at the division and

business unit levels resulting in an increased understanding of relevant issues and operations.

• Supported the creation and implementation of the processes and tools to drive the delivery and review of

timely, relevant and accurate strategic plan for Clinical Trials based on resources, and specific initiatives.

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CENDANT CORPORATION, Parsippany, NJ 1999-2002

Sr. Financial Analyst

• Designed and produced financial analysis for corporate planning and senior management (EVP, Corporate

Planning and Finance) in connection with the monthly close/forecast process, for evaluation of alternative

strategies and for external communications. Assisted in coordinating activities with the financial systems

group. Supported the Planning Directors in their role as liaisons with business unit controllers. On monthly

basis, coordinated and provided total actual year to date capital expenditures ($50M) and compared to the

forecast and provided explanation for variances.

• Supported strategic plans, budget and forecasts and provided a clear understanding of results which included

gathering, analyzing, preparing and summarizing recommendations for financial plans, acquisition activity

(Avis Car Rental), trended future requirements, operating forecasts, etc.

• Ensured financials of a newly acquired company (Getco) were coordinated with the other divisions within

Cendant. Provided operational analysis to support the business units’ financial objectives including staffing

capacity and on boarding, financial metrics and process improvements.

CONECTIV (DELAWARE STATE POWER COMPANY), Newark, DE 1997-1999

Financial Analyst

• Analyzed, monitored and reported operations and maintenance (O&M) activities and quarterly capital analysis

of actual vs. budget. Performed monthly, quarterly and yearly income and expense valuations to provide

upper management with an overview of monthly revenues and expenditure trends.

• Supported FP&A team for the creation and implementation of SAP R/3 to streamline and establish the energy

delivery budget process for three regions (MD, NJ, DE), in order to standardize operations for ease of

comparison and review.

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TRANSPEK INDUSTRIES LTD. (ISO 9000 Company), Baroda, India 1990–1994

Financial Planning and Systems Analyst

• Provided financial analysis of major capital projects (calculation of pay-back period, NPV analysis etc).

• Served as a management representative on the Audit Committee. Played a major role in setting up a subsidiary

leasing company (Transpek Leasing Co.).

COMPUTER SKILLS

Business Objects, Hyperion, SAP (R/3), Brio query, Computran general ledger systems, Cognos, Great Plains,

Frx designer, Nextgen, Excel, Power Point, Access, Microsoft Word

MEMBERSHIPS

Pennsylvania Institute of Certified Public Accountants (PICPA)

American Institute of Certified Public Accountants (AICPA)

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