Financial Reporting Process Improvement

DAVID SCOTT ERPS, CPA

512-***-**** San Antonio, Texas *****@*******.***

CAREER SUMMARY

A seasoned CPA with extensive experience in financial reporting, audit compliance, recruiting, and building teams with a background covering public accounting, profit, and not-for-profit organizations focused on revenue enhancement, strategic management, and workflow development, with an emphasis on healthcare revenue cycle process improvement and aged insurance recovery, operational and fiscal leadership alignment. Accomplished at customizing business practices and procedures that improve efficiency, productivity, and profitability.

Core Competencies and Strengths:

Financial Reporting Financial Modeling Project Management

Healthcare-aged claim recovery Forecasting/Budgeting Coordinate Audits

Strategic Planning Process Improvement Budgeting

Compliance Monitoring Presentations Internal Control Implementation

Profesional Experience:

2021 – current

Principal Consultant, Partners in Profits, LLC, * a fractional C-suite firm * San Antonio, Texas

Developed and implemented new sales strategies that increased revenues by 250%

Defined our ideal client prospects, saving significant time in the sales cycle.

Merger and acquisition support services for small to medium-sized businesses.

The Accounting Company, * accounting outsourcing company * Phoenix, Arizona

Diligently researched, selected, and implemented production workflow management software, which led to a remarkable 125% cost savings and a substantial decrease in client turnover.

Positioned the company for growth by standardizing the onboarding procedures for new clients.

Integrated a new employee onboarding process, ensuring new hires were up to speed on our processes, requiring less hands-on daily training for US and Filipino new hires.

Aligned scorecard metrics with senior management’s goals.

2017 – 2021

CFO, The Wave Health Services, * $30M Pediatric and Adult Durable Medical Equipment provider * San Antonio, Texas

Converted the financials to GAAP and presented a standardized board packet with key metrics.

Automated the daily treasury management and forecast reporting processes.

Coordinated, tested, and recommended changes to the e-commerce Circuit Life’s website design.

Generated a $700K lump sum payment for outstanding receivables in the first two months.

Negotiated a 300% increase in the bank line of credit.

Implemented standard operating procedures, thereby reducing accounts receivable by 25%.

Hired, trained, and developed the accounting team to support all four entities' finance and accounting needs, including the consolidated reporting requirements to the outside auditors.

Selected and implemented a new ERP System called Dynamics 365.

2015 – 2017

VP of Finance & Support Services, Marbridge Foundation, Inc., * $35M NPF providing housing for adults with intellectual disabilities * Manchaca, Texas

Realized $850K in reduced labor costs by providing management access to time and attendance.

Collected $1M in past-due receivables.

Implemented line-item budgeting, resulting in cost savings of over $800K.

Increased IT network reliability by 500% and doubled internet speed while ensuring all employees and residences could be supported remotely.

Presented financials to the Board of Trustees and related committees quarterly.

2010 – 2015

Principal Consultant, National Healthcare Consulting Services, LLC, * is a Consulting Firm providing loan compliance services to asset-based lenders * San Antonio, Texas

Initiated standard audit process for all borrowers, which improved the timeliness of loan covenant reporting and tracking while reducing the audit costs by over $600K.

Documented loan covenant violations and reported them to the lender.

Provided merger and acquisition due diligence as requested by the clients.

2008 – 2010

CFO / Financial Services Manager, Medical Management Professionals (a subsidiary of CBIZ, a $5B company) LLP, * $ 100M Hospital-based physician practice management company * Austin, Texas

Implemented performance metrics, increasing profits by $3M.

Developed a performance-based physician compensation model, significantly increasing physician job satisfaction.

Advised and recommended strategies concerning proposed mergers and/or acquisitions.

Coordinated and performed due diligence on all mergers and acquisitions.

2000 – 2008

Founder and Executive Vice President, AMERONC, INC., (formerly MediSun Consulting) * is a $50M Consulting Firm specializing in lost charge recapture * Austin, Texas

Generated $1.5M in new sales through strategic alliances with pharmaceutical vendors.

AmerOnc purchased MediSun in November 2006.

Directed all aspects of client engagements and day-to-day operations of the firm.

Attended and spoke at state and national conferences throughout the year.

Developed and implemented interfaces between clients' data and the firm’s proprietary software.

1999 – 2000 Director of Finance, Humana, Austin, Texas

1994 – 1999 Manager, National Consulting Group, RSM McGladrey, Minneapolis, Minnesota

EDUCATION & LICENSE

Bachelor of Business Administration in Accounting

Iowa State University, Ames, Iowa

Certified Public Accountant (CPA) –Texas

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