Financial Officer Chief
Resume:
Non-Formatted Resume
PATRICK JOSEPH PENCE
Kyle, Texas 78640
*************@*****.***
PROFESSIONAL EXPERIENCE
PHURAN PHILANTHROPIC STRATEGIES (PPS), Washington, D.C. 2020-Present
Director of Program Grant Oversight and Interim Chief Financial Officer
• Director of Program Grant Oversight and Interim Chief Financial Officer for PPS, a global research consulting firm that provides grant vetting, compliance monitoring, and grant optimization services exclusively for privately held philanthropic trusts, endowments, and private family charitable trusts.
• Directly oversee all accounting and grant review managers, and all managerial accounting processes, including all reporting requirements: operations budgeting; purchasing; contract development, negotiation, and oversight.
• Responsible for ensuring the accuracy and integrity of all outsourced operational accounting functions and reporting (i.e.; payroll, accounts payable, accounts receivable, cost reporting, etc.).
• Execute the company’s financial strategy; and advise senior partners regarding all matters related to the company’s finances.
• Responsible for the Program Grants division, and am tasked to develop our company’s formal recommendations related to the merit or worthiness of all program grant applications.
• Provide formal and dispassionate recommendations to the client’s boards of Trustees regarding the fiscal soundness, merit, and overall worthiness of a given grant application/program.
• Oversee post-award oversight of funding recipients’ fiscal and program operations, as well as monitor the compliance, progress and performance of recipients who have been awarded program or project funding.
THE STATE OF TEXAS, Austin, Texas 2019-2020
Chief Financial Officer – Texas Racing Commission
• Chief Financial Officer for the Texas Racing Commission, a state regulatory agency tasked to oversee and regulate horse and greyhound racing, and to ensure the integrity of pari-mutuel wagering associated with the racing industry.
• Oversaw the daily operations of the agency’s accounting, purchasing, payroll and human resources functions, and provide financial reporting regarding the agency’s budget and financial status via periodic reporting.
• Oversaw the agency's Pari-mutuel Wagering section, whose primary function is to track simulcast and wagering revenues related to horse and greyhound racing, and to ensure the ongoing integrity of all related gaming and pari-mutuel wagering. The Pari-mutuel Wagering section is also tasked to oversee the agency's Horse Industry Escrow Fund, a $25M per annum, pass-through distribution for eligible breed registries and race track owners.
• Responsible for the majority of fiscal and budgetary matters related to the legislative process, and was responsible for fiscal note preparation and analyses of relevant legislation. Served as the agency's representative for most finance and budgetary matters, and have testified before both the House Appropriations and Senate Finance Committees, respectively.
THE STATE OF TEXAS, Austin, Texas 2011-2019
Chief Financial Officer – Austin State Hospital & Waco Center for Youth, Texas Health & Human Services
• Financial Officer for both, the Austin State Hospital and the Waco Center for Youth; two public in-patient mental health facilities that maintain patient bed capacities of 299 and 80, respectively.
• Responsible for the financial administration of two facilities' combined $63 Million annual budget, and performed a critical strategic role in directing the vision of the mental health services delivery of these facilities.
• Oversaw the daily operations of the Accounting Department, Utilization Management Department, Reimbursement Department, Property Division, Purchasing Unit, and Client Services Office, and was responsible for developing financial strategies and other initiatives to improve services.
• Responsible for the hospital's in-patient reimbursement programs, and had consistently surpassed the hospital’s in-patient cost recovery target of $8 Million, per annum.
THE STATE OF TEXAS, Austin, Texas 2009-2011
Fiscal Policy Analyst- Texas Department of State Health Services, CFO’s Financial Policy Team
• Developed financial policies related to ongoing changes to federal and state pass-through programs, such as WIC, Medicaid, and Medicare, as they related to the implementation of the Affordable Care Act.
• Developed complex budget models to predict and emulate potential fiscal impacts to agency operations that would result from proposed policy changes, and was required to prepare legislative oversight documents to explain and defend fiscal methodologies for all proposed policy changes.
PHURAN PHILANTHROPIC STRATEGIES (PPS), Washington, D.C 2007 –2009
Program Grants Analyst
• Performed comprehensive vetting of private grant applications and thorough assessments of candidate organizations under consideration for competitive grants.
• Responsible for assessing the potential merit, or efficacy of a given grant program or grant-funded project by performing a comprehensive review of formal grant applications, which included a grant’s proposed budget, operational plan, logistical plans, and external factors that could impact grant goals or desired outcomes.
• Performed a panoptic analysis of potential grant recipients which encompassed an in-depth review of an applicant organization's historical performance, litigation histories, leadership and operational structure, and current financial health.
• Developed formal, dispassionate recommendations for clients (grantors/trustees) regarding a given grant application's fiscal soundness, merit, and overall worthiness. Trustees or boards of trustees used these assessments as a primary guide when considering their final award determinations.
THE STATE OF TEXAS, Austin, Texas 2001 – 2007
Local Government Analyst -Program Specialist – Texas Comptroller of Public Accounts
• Performed fiscal program assessments for city and county governments throughout the state.
• Consulted with key leaders to conduct on-site reviews of the local government's fiscal and program operations, focusing on regulatory compliance, bond and debt obligations, budget and fiscal best practices, process improvement, and development of online services to accommodate future growth needs.
• Published numerous Best Practices and Case Studies demonstrating creative ways to employ community partnerships to achieve the local government's goals.
• Utilized accounting standards (GASB 34 and GAAP) to ensure uniformity of reporting processes, and state Comptroller guidelines and Texas Association of Counties best practices to ensure compliance and transparency.
DELL COMPUTER CORPORATION, Round Rock, Texas 1998 – 2001
Project Manager – Business Process Improvement – Dell Public Sector Accounts Division
• Managed numerous IT projects within Dell’s Government and Public Accounts divisions. Led teams to identify and pursue opportunities for redesign, process, or infrastructure improvement.
• Performed cost-benefit analyses to obtain project funding from senior executives, including accurate budgeting of resources and schedules.
• Achieved cohesion and collaboration with disparate team members throughout Dell and client organizations, all with unique reporting structures and performance goals, to deliver results on time and within budget.
EDUCATION, CERTIFICATIONS, AND MILITARY SERVICE
TEXAS STATE UNIVERSITY, San Marcos, Texas
MCCOY COLLEGE OF BUSINESS ADMINISTRATION
Master of Business Administration, 1998
TEXAS STATE UNIVERSITY, San Marcos, Texas
MCCOY COLLEGE OF BUSINESS ADMINISTRATION
Bachelor of Business Administration - Major: Management, 1994
CERTIFIED TEXAS CONTRACT MANAGER (CTCM)
TEXAS STATE COMPTROLLER’S OFFICE, Austin, Texas
Issued November 30, 2016
CERTIFIED GOVERNMENT FINANCE MANAGER (CGFM)
ASSOCIATION OF GOVERNMENT ACCOUNTANTS, Alexandria, Virginia
Currently Enrolled, October 2024.
CERTIFIED CLASS-A COMMERCIAL DRIVERS LICENSE (CDL-A)
TEXAS DEPARTMENT OF PUBLIC SAFETY Austin, Texas
Re-issued August 2024.
UNITED STATES ARMY, Multiple Deployments, 1984 – 1987
• Earned the Good Conduct Medal, Overseas Service Ribbon.
• Honorably Discharged Veteran.
Contact this candidate