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Accounting Project Manager

Location:
San Francisco, CA
Posted:
February 15, 2015

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Resume:

Sammy L. King

**** ******* **** ***** ? Buford, GA 30518 ? 770-***-**** ?

************@*****.***

CFO / Controller / VP

Analytical, results-driven management professional with significant

experience directing finance / accounting operations and key projects

for multi-billion dollar healthcare firms - generating millions of

dollars in profitable growth. Successful at defining and aligning

business strategies, key resources, and cross-functional teams to

streamline and enhance financial / accounting processes and systems.

Approachable leader with proven ability overseeing financial

reporting & analysis, cash flows, multi-million dollar budgets, G/L

accounting and bookclose processes. Able to adapt to change, thrive

in challenging environments, and overcome roadblocks to success.

Core Leadership Competencies

Accounting & Financial Budget / P&L Accountability

Reporting

Strategic Planning & G/L Accounting Processes / Audit

Execution Compliance

Financial Analysis / KPIs / Team Leadership & Collaboration

Metrics

Resource Planning & Financial Turnarounds /

Allocation Transformations

Professional Experience

HEALTHSOUTH HOSPITAL - Ocala, FL 2011 - 2014

CFO / Controller

Nation leading provider of inpatient rehabilitation services with annual

sales exceeding $4 billion.

Selected to oversee day-to-day financial and accounting operations with $80

million budget and 25 direct / indirect reports. Accountable for financial

reporting & analysis, G&L accounting processes, contract negotiations,

budgeting, staff training & development, regulatory compliance, financial

consulting, strategic financial planning & execution, payroll, and A/P &

A/R activities. Reported to CEO.

. Cut costs by $4 million by identifying opportunities to eliminate outside

vendors and bring services in-house to decrease labor and supply expenses.

. Generated significant revenue growth by supporting the launch of new

healthcare services in areas covering dialysis, radiology, lab, and

transportation.

. Boosted cash flow on hand by 10% by developing and implementing

streamlined collection processes to improve DSO from 45 to 32 days.

. Developed, tracked, and managed an $80 million annual operating budget to

fund hospital startup operations.

. Successfully negotiated favorable contract terms and conditions with

Managed Care Providers, ensuring contracts met service provider standards

per ROI requirements.

. Designed and rolled out organizational-wide training on new reimbursement

guidelines to ensure providers were aware of regulatory requirements and

opportunities for continue growth.

SIGNATURE HEALTHCARE - Louisville, KY 2008 - 2011

Regional Controller

Leading provider of long-term nursing care in Eastern and Southeastern US

with sales exceeding $1 billion.

Oversaw all regional financial, accounting, and budgeting functions for a

large healthcare facility. Led 20 direct reports and 95 indirect reports.

Accountable for financial reporting & analysis, audit programs, process

improvements, annual budgeting, P&L performance, strategic planning &

execution, revenue cycle / billing / collection processes, and weekly /

monthly KPIs for region and division operations.

. Saved $5+ million by developing and launching a company-wide RAC audit

tool to ensure all post-acute facilities were compliant with Medicare and

Medicaid billing guidelines.

. Planned and coordinated successful financial turnaround for 20 long-term

care facilities that were operating in the red with negative operating

margin.

. Slashed operating costs across healthcare facilities by working with

facility CEOs on strategic initiatives to streamline and enhance business

processes / functions.

Signature Healthcare, Continued...

. Established and maintained $200 million in revenue budgets for 20 long-

care facilities.

. Improved DSO from 65 days to 38 days in three-year period by creating and

rolling out policies and procedures to identify and collect outstanding

balances in a timely manner.

. Turned around and improved operating margin from negative 10% to positive

18% in three short years by implementing a better procurement system to

eliminate wastes based on lean methodologies.

. Led a cross-functional team to develop and deploy a new enterprise

financial and clinical system for all hospitals and post-acute facilities

- completing project on time and budget.

. Achieved regulatory compliance by devising and executing audit programs

that were tightly integrated with existing business objectives and

inherent risks of area under review.

UNITED HEALTH SERVICES (Pruitt Corporation) - Norcross, GA 2007 - 2008

Regional Financial Manager / Director

Multi-billion dollar regional healthcare provider.

Directed financial and accounting activities with 120 direct / indirect

reports. Accountable for G/L accounting functions, trust fund processes,

financial reporting & planning, cost containment, month-end bookclose

processes, variance analysis, cash management, and process improvements.

. Spearheaded finance and accounting team responsible for processing

accounts receivables / payables, trust funds, and general accounting

functions for a privately-held firm with revenues exceeding $1.5 billion.

. Decreased operating costs by leveraging best practices to identify,

contain, and minimize expenses across operations.

. Identified and mitigated accounting variances by preparing and submitting

monthly financial reports to review and capture opportunities to reduce

operating expenses.

. Led numerous initiatives to streamline and improve revenue cycle

processes.

. Served as part of a committee responsible for transitioning company from

being de-centralized to having all AR, AP, and GL accounting functions

centralized.

SUN HEALTHCARE-SUN BRIDGE - Atlanta, GA 2006 - 2007

Regional Accounting Manager

Regional long-term healthcare provider.

Provided regional accounting support that included reviewing A/R balances

and setting / achieving cash flow goals for facility on a monthly and

quarterly basis. Tracked and managed financial plans and submitted progress

reports to senior leadership.

REGENCY HOSPITAL COMPANY - Alpharetta, GA 2003 - 2007

Senior Supervisor, Revenue Accounting

Long-term acute care hospital.

Developed revenue projections for acute, critical access, and long-term

acute care hospitals. Prepared and reconciled cash to G/L accounts as well

as net A/R schedules. Developed charge-capture analysis to optimize and

maximize cash flows. Created and filed Medicare cost and credit balance

reports with fiscal intermediaries. Planned and coordinated month-end

bookclose processes. Performed trend analysis to develop more effective and

efficient processes.

Previous Experience:

. Revenue Cycle Consultant / Project Manager, Perot Systems Health Care,

Atlanta, GA (2001-2003)

. Auditor, Arthur Andersen LLP, Chicago, IL (1998-2001)

Education

. Masters in Healthcare Administration, University of Southern California,

Los Angeles, CA

. Masters in Business Administration, Shorter University, Rome, GA

. Bachelor of Science in Accounting, Miles College, Birmingham, AL

Training, Seminars & Memberships

Medicare Credit Balance Reporting Seminar

Medicare Cost Reporting Seminar

HFMA (Healthcare Finance Management Association) Revenue

Cycle Strategy Training

Leadership Seminar

ERISA Seminar

Institute of Internal Auditors Association

American College of Healthcare Executives (Active

Member)

Project Management Institute

Kappa Alpha Psi Fraternity Inc. (Active Member)

IMA (Institute of Management Accountants)

VITA (Volunteer Income Tax Assistance)

Lean Six Sigma Trained

Population Health Management

Contract Negotiation Training Seminar University of

Southern California



Contact this candidate