Controller

DAVID F. ZABO, CPA

**** ********** ****** ****: 614-***-****

Louisville, KY 40223 Home: (502) 909-

6800

E-Mail:***********@****.***

QUALIFICATIONS

Financial Management

A logical and focused hands-on manager/team player with over 20 years of

experience and a history of increasing revenues and reducing costs. Goal-

oriented and adept at setting priorities, goals, and increasing cash flows.

Superb multitasking, problem-solving, follow-up, motivational,

interpersonal and communication skills. B.B.A. in Accounting and

Economics.

Areas of Expertise

? Corporate and Personal Finances ? Operations

? Forecasting, P&L, and Budgets ? Computer - Proficient

- Software

? General Ledger Installations and Updates

? Payroll ? Banking, Savings and Loans

? Accounts Payable/Receivable ? Insurance

? Partnerships, Sales and Acquisitions ? Construction

Contractors/Blueprints

? Contract Proposals and Acquisitions ? HUD Audits

? Job Training ? Tax Codes

EXPERIENCE HIGHLIGHTS

Prestige Healthcare- Louisville KY- April 2010 to Present

Controller - For 19 Skilled Long-Term Care facilities in Eight States.

Reports to the Chief Financial Officer and manages 10 employees.

Responsible for all financial functions, including third party

reimbursement, Medicare and Medicaid cost reports and audits. Reviews and

finalized the monthly financials statements the following departments

directly reports, general accounting, and payables, payroll and cash

management. Responsible for all outside audits including year-end audits,

review, 401 K, workers compensation, insurance companies, financial

companies and third party reimbursements. Responsible for all timely filing

of tax returns, cost reports, bank loan covenants.

Responsible for reviewing the annual budgets and daily funding. In charge

of the capital expenditures and capital reimbursements. Works with

management to reduce operational costs opportunity. Works with third

parties insurance companies to assist in the collection of past due funds.

Health Care Management - HMS- Glendale CA January 2009 - March 2010

The Director of Finance- for Eight Skilled Long Term Care facilities and

one assisted living facility.

Reports to the President, manage 6 employees. Responsible for all

accounting functions including the financial month end close and the annual

year-end close. Provides timely, relevant and accurate financial reports to

Senior Management. Maintains the books and records of the company with

generally accepted accounting principles (GAAP)

Provides on-going financial analysis for annual budget, joint ventures, and

acquisitions.

Works closely with Senior Management on initiatives related to resource

utilization, productivity monitoring and the development / implementation

of additional cost reduction efforts.

Formulates and oversees the financial polices and objectives in accordance

with appropriate regulatory requirements.

Monitors on a daily basis operating trends, develops processes to minimize

the potential for non-compliance in connection with: payroll, income taxes,

Medicare and MediCal, OSHPD.

Coordinates the Audits for External, Regulatory and Internal.

Assist in the preparation of the Medicare and MediCal cost reports along

with the corporate tax returns.

Ability to prioritize, organize and multi-task to meet all the critical

deadlines

Oversight of the following functions: General Accounting, Budgeting, Third

Party Reimbursement, Cash Management, Payroll, Accounts Payable and

Receivables

Life house Health Services- Valencia Ca March 2008-

January 2009

Controller- reports to the CFO, manages 6 employees. Ensure that all

accounts payable, payroll and general ledger systems are in place

throughout the organization and that process is running efficiently and

effectively to meet financial reporting and regulatory regulations.

Responsible for the monthly and annual financial statements.

Worked with point click care software in the utilization of reports for 9

skilled long-term care facilities in the state of California. Helped

prepare schedules for the outside auditors. Assisted in the preparation of

the Medicare and Medi-Cal cost reports.

Omni Life Healthcare System, Inc. Columbus OH February 1998 -

march 2008

Controller/ CFO. Reports to the President and CEO. Manages 10 employees.

Responsible for all accounting functions of all accounting functions of

numerous corporations, partnerships and nursing home companies in three

states. Prepares annual budgets, financial statements, account analyses,

and cost reports. Reviews accounts payable/receivable, and payroll to

maintain cash flow. Prepares and reviews corporate/partnership tax

returns. Prepares replies to auditor inquiries. Evaluates accounting

software prior to purchase. Selected Accomplishments:

. Recovered over $1 million in past-due receivables. Reversed trend

by setting up action plan with each facility, and giving

Bookkeeping/Administration time constraints to follow.

. Saved $600,000 in operating costs and recouped $416,000 in company

reimbursements.

. Achieved savings of $200,000 per year - made several improvements

in the way payroll was classified on the books. Significantly

impacted all five facilities.

.

Extendicare, Health Facilities, Columbus OH June 1997 to

February 1998

Internal Audit Manager. Managed 105 employees. Performed payroll audits

and analyses to maximizing profits. Assisted in preparing annual budgets

and cost reports. Prepare monthly profit reports for senior management.

Recommended purchase of facilities. Selected Accomplishments:

. Generated $1.2 million in profits in just 18 months - monitored

90-day cost reports, loaded up on costs for 90 day-snapshot.

This set reimbursement for 18 months.

. Gained more than $1 million in extra reimbursements - developed

effective methods of recording and tracking payroll costs.

. Realized $420,000 in additional profits annually - properly

educated/trained staff and administration on how to do Time

Studies to their advantage. Saved $20,000 per facility.

Medi Management, Hudson, OH May 1989 to June 1997

Controller. Supervised 10 employees. Prepared financial statements for

seven corporations and four partnerships. Solely responsible for Medicare

and Medicaid issues. Prepared Cost Reports. Assisted outside accountants

with audit reviews/completions. Prepared consolidated financial

statements ($25 million in total revenues). Performed daily cash

management. Provided cash flow statements. Prepared all payroll tax

returns. Responsible for accounting system and all computer

hardware/software functions. Selected Accomplishments:

. Reduced $2.5 million debt to $200,000 - negotiated reduction in

debt with auditors. Debt was result of eight years of audits

with respect to classification of payroll supplies, and

allocations. The $200,000 turned out to be an eight-year

interest free loan.

. Decreased purchase services expense 250,000, employee turnover

30 percent, and number of call-offs 10 percent - set up employee

bonus program to provide incentive for not missing work.

. Provided a savings of over $200,000 in just one year alone by

reducing the use of purchased services. Set up training program

to train staff in-house.

. Saved $100,000 each year among five facilities - took tax

credits on job credits

Gregory J Weisheit, CPA, Cleveland, OH March 1983 to May 1989

Audit/Tax Manager. Supervised seven employees. Conducted annual staff

reviews. Performed forecasting, audits, reviews, and completions.

Reviewed work papers for other audit teams. Prepared Medicaid/Medicare

cost reports; corporate, partnership, and individual tax returns.

Performed HUD/ODHS audits, and rate analyses. Clients included various

city, county, and state agencies.

EDUCATION

And ASSOCIATIONS

Bachelors of Business Administration (Major in Accounting/Minor in

Economics), 1982

[Worked F/T while attending school F/T.]

Cleveland State University, Cleveland OH

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