Vice President of Finance

Kenneth J. Fortune (Ken)

***** ******* **.

Richmond, VA 23233

804-***-**** (cell)

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

SUMMARY STATEMENT:

Self-starting, motivated finance executive with the ability to apply business acumen and financial expertise to deliver on an organization’s mission. Expertise includes:

• Delivering Promised Results

• Mitigating Risk

• Strategic Planning

• Insightful Analysis

• Building Great Teams

• Process Improvement

• Organizational Influencing

• Business Partnering

PROFESSIONAL EXPERIENCE

CLEAR TRAIL REAL ESTATE Richmond, Virginia Jan 2024 - Current Interim Director of Finance

Serving as interim Director of Finance helping the company redesign the Finance function. LANE HEALTH, INC. Richmond, Virginia 2022 – 2024

Vice President of Finance

Built Finance department for a start-up Health Savings Account (HSA) administrator with innovative products unique to the industry.

Participated in a successful SAFE equity raise, securing funding for the company for eighteen months.

Introduced procedures and improved processes for all Finance functions including A/P, A/R and Invoicing, Insurance, Financial Reporting, Monthly Close, Annual audits etc.

Lead communicator with Investors, Board members and Board observers. HEALTH SAVINGS ADMINISTRATORS, LLC Richmond, Virginia 2017 - 2022 Vice President of Finance

Guided Private Equity-owned company with $1.3 billion in assets under management financially through a growth strategy which led to the highly successful sale of the company’s assets and accounts to Health Equity, the largest company in the industry.

Key Executive participant who ensured the succesful transition of accounts and assets to Health Equity.

Renegotiated Master Services Agreement (MSA) with our custodian bank and separate debit card processing and revenue-sharing deals, resulting in significant improved annual cash flow, and a 46% year-over-year revenue increase between 2018 and 2019.

Guided company to better than Plan EBITDA each year from 2018 - 2021 despite significant Covid impacts in the latter two years.

Led the transition of all Accounting and Invoicing functions from an outside vendor to in-house, implementing processes and controls for all critical financial functions.

Retained on a part-time basis by Private Equity owners to oversee company operations after the sale of its accounts and assets until the business is legally shut down. CAPITAL ONE FINANCIAL Richmond, Virginia 2014 – 2016 Director, Financial Management

Led a six-person team providing finance leadership and decision support for three critical technology groups totaling $650M in annual operating expense.

Successfully met all major operating expense targets from 2014 through 2016. Drove significant increases in efficiencies, prepared numerous business cases leading to securing significant funding for new initiatives, and improved team morale.

Led team in technology-wide finance initiatives in Cloud migration, improving cost allocations, streamlining funding transfers, and operationalizing volumes-based consumption. SNL FINANCIAL, LLC Charlottesville, Virginia 2010 – 2014 Director, Financial Planning and Analysis

Reported to company CFO. Hired on a trial basis for six to twelve months, was promoted to Director and made a permanent employee within three months.

Developed and built a finance / business partnership that vastly increased financial analysis and expertise into the organization’s decision-making process.

Helped guide the company to better than Plan EBITDA every year from 2010 through 2014. PERFORMANCE FIBERS, INC. Richmond, Virginia 2007 – 2010 Director, Business Analysis and Planning

Operated in a global role for a $700M annual revenue private equity-owned manufacturer with operations in five countries.

ALCOA, INC. Pittsburgh, PA 1999 – 2007

Profitability Analysis Director (most recent)

Served two different Alcoa Business Units (BU), the metals distribution BU and the home building products manufacturing BU, as Financial Analyst, Sr. Financial Analyst, Project Manager and Profitability Analysis Director.

ADDITIONAL EXPERIENCE as Financial Officer for a Washington, DC non-profit organization, and as a Bank Manager trainee.

OTHER: Proficient in SAP, Quickbooks, Great Plains, Salesforce, Microsoft Office and ERP systems. Possess thorough knowledge of GAAP and other Accounting principles. EDUCATION

MASTER OF BUSINESS ADMINISTRATION

Concentration in Finance

Virginia Commonwealth University, Richmond, Virginia BACHELOR OF SCIENCE, BUSINESS ADMINISTRATION

Concentration in Finance and Management

Central Michigan University, Mt. Pleasant, Michigan

Contact this candidate