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Director of Finance ~ Controller

Director of Finance ~ Controller

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Published by api-79055189
Finance Director
Finance Director

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Published by: api-79055189 on Jun 04, 2011
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Christine M. Parks, CPA, MBA6009 Goldstone DriveGrove City, Ohio 43123H: 614-539-4653C: 614-309-6736E: Christine_Parks@ymail.comLinkedin: www.linkedin.com/in/christineparkscpambaDirector of Finance ~ Controller ~ Manager of Budget/FinancialAnalysis15 years' progressive accounting and finance experience ~ Specialistdeveloping multi-million dollar budgetsCore Competencies ~ Strengths & Expertise* GAAP Accounting* Financial Analysis* P&L Administration* Financial Reporting* Financial Forecasting* Program Implementation* Strategic Planning & Initiatives* Cost Benchmarking* Cost Review/Reduction* Capital/Operating Budgets* Mergers/Acquisitions* Due Diligence Projects* Asset Management* Recruiting/Staffing* Succession Planning* Staff Training & Development* Performance EvaluationsCareer Highlights ~ Career AchievementsFinance Manager, Practice/Decision Support - OhioHealth PhysicianManagement Services (OHPMS) * Created department decision support andenabled budgeting and strategic planning process to be brought in-house; assumed responsibility for budget and long-range strategicplanning process for $132 million in net revenue across 70 multi-specialty practices, consolidated into 4 hospitals.Finance Manager, Practice/Decision Support - OhioHealth PhysicianManagement Services (OHPMS) * Significantly reduced overhead throughautomation of month-end close and reporting functions; collaboratedwith consultant on development of database eliminating manualmanipulation of data (requiring 12 hours of commitment/month) as wellas expanding accounts receivable for each practice (providing abilityto measure performance of physician practices).Senior Financial Analyst, Grant Medical Center - OhioHealth *Developed detailed financial database and prepared $59 million budgetfor construction of Grant Medical Center's new surgery and heartmedical building; information enabled management to modify project
 
consistent with physician availability as well as change strategicdirection to increase profits.Financial Analyst, OhioHealth Corporate Office * Designed andimplemented financial model for $94 million McConnell Heart Hospitalat Riverside Methodist Hospital; included creation of detaileddatabase providing executives with comprehensive information andenabling overall project modifications.Senior Financial Consultant, Grant Medical Center - OhioHealth *Provided ability for leadership to view centralized information andenhanced capital project decision-making through creation of CapitalAcquisition Request Form (CARF) standardizing data collection,proforma development and documentation of capital project informationacross multiple business units.Professional ExperienceNationwide Children's Hospital - Columbus, OhioMarch 2010 to PresentPrimary pediatric hospital support by over 950 medical staff membersand over 6,800 total employees; 125 specialties within main campusand 34 outpatient care centers throughout central Ohio; rankedamongst best hospitals nationwide by US News & World Report;pediatric teaching hospital for The Ohio State University School ofMedicine.Coordinator, Budget and Finance AnalysisUtilize financial, analytical and management accounting principlesto guide senior analyst group through clinical comparative analyses,clinical departmental level costing, and clinical resource managementand analytical processes; serve as team leader during absence ofdepartment director.Coordinate and carryout business plan development, managementinformation systems support, budget creation process, forecastingmodel maintenance, cost and revenue analysis, cost per unitdevelopment (from budgets and product volumes/costs), benchmarkcomparisons, price change implementation and analysis, costcenter/account variance and job code/employee variance reporting, andcost center and departmental roll-up structures; educate managementand medical staff on budget availability and cost accountinginformation.* Area and budget responsibility includes 18 primary care siteswith $38 million gross revenue, $22 million expenses and 152 full-time employees; radiology department with $84 million gross revenue,$19 million expenses and 108 full-time employees; medial nursing with$78 million gross revenue, $29 million expenses and 304 full-timeemployees.* Facilitate ability to operate competitive managed careenvironment through effective analysis of patient activity as well asmonitoring of hospital service lines, programs, procedures, payermix, reimbursement, cost, patient acuity, and profitability.* Recognized for knowledge and appointed to train department
 
managers and clinicians on availability and benefits of decisionsupport system.* Led project automating 3 different reports including service linereports, nursing levels, and WHPPD.OhioHealth - Columbus, OhioAugust 1998 to June 2009Group of non-profit, faith-based hospitals including RiversideMethodist Hospital, Grant Medical Center, Doctors Hospital, GradyMemorial Hospital, Dublin Methodist Hospital, Hardin MemorialHospital, Marion General Hospital, and Doctors Hospital atNelsonville; employs approximately 15,000 employees in and aroundcentral Ohio.Finance Manager, Practice/Decision Support, OHPMS(March 2007 - June 2009)Assumed new position providing comprehensive financial assistance to$132 million organization (OHPMS) supporting 4 local hospitals(including 70 multi-specialty physician practices with 266 physiciansand 566 full-time equivalents); hired, trained, evaluated, oversawand ensured performance of analysts (2) and support staff member.Accountable for process, development and monitoring of long-rangefinancial plans, capital and operational budgets and hospitalbusiness development; includes profit/loss statement analysis, ROIassessments, ad hoc analyses, financial infrastructure enhancements,and executive reporting; simultaneously contribute and guidedepartment through process analyzing companywide initiatives.* Developed and maintained $850,000 department expense budgetduring absence of department director.* Utilized financial and industry knowledge to effectively performfeasibility studies for physician, practice and service lineexpansion, conduct month-end financial review meetings with practicemanagers and hospital vice presidents, deliver financial reports toboard and corporate leadership meetings, and create/implementbenchmark and statistical reports for practices.* Successfully met challenge syncing strategic planning, budgetingand month-end reporting with corporate office and individualhospitals.- Spearheaded implementation of strategic financial and capitalplanning software, KaufmanHall, throughout all practices; ultimatelyenabled corporate office to consolidate utilizing system software.- Collaborated extensively with department managers and cliniciansand provided insight into availability and benefits of decisionsupport system, budgeting system, and strategic planning system.Senior Financial Consultant, Grant Medical Center(July 2002 - March 2007)Functioned in role providing accounting/finance support to hospitalwith 645 registered beds and Level 1 Trauma Center; accountable for

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