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Lachlan Edwards
Financial Controller, Healthcare
Summary
Highly accomplished Financial Controller with over 10 years of experience in the healthcare industry. Proven track record of success in developing and implementing financial strategies that optimize profitability, reduce costs, and ensure compliance. Expertise in financial reporting, budgeting and forecasting, cash flow analysis, risk management, and healthcare accounting. Strong analytical and problem-solving skills with a keen eye for detail and a commitment to excellence.
Education
Master’s Degree in Accounting
November 2015
Skills
- Financial Reporting
- Budgeting and Forecasting
- Cash Flow Analysis
- Risk Management
- Healthcare Accounting
- HIPAA Compliance
Work Experience
Financial Controller, Healthcare
- Prepared and analyzed financial statements, including income statements, balance sheets, and cash flow statements.
- Developed and maintained financial models for budgeting, forecasting, and scenario planning.
- Managed cash flow and liquidity, ensuring the organization had sufficient funds to meet its obligations.
- Negotiated and managed contracts with vendors, ensuring favorable terms and conditions.
Financial Controller, Healthcare
- Led the implementation of a new financial management system, resulting in a 25% increase in operational efficiency.
- Conducted monthly financial analysis and reporting, providing insights that supported key business decisions.
- Developed and implemented financial policies and procedures to ensure compliance and financial stability.
- Managed a team of accounting staff, providing guidance and ensuring the accuracy of financial reporting.
Accomplishments
- Developed and implemented a centralized revenue cycle management system, resulting in a 15% reduction in operating costs.
- Led a team of financial analysts to improve EBITDA by 8%, through strategic cost optimization and revenue enhancement.
- Developed and executed a capital investment plan for a $150 million healthcare facility expansion, ensuring alignment with financial goals.
- Developed and maintained relationships with key stakeholders, including auditors, bankers, and investors, ensuring transparency and compliance.
- Established a robust internal control system for financial reporting, achieving a clean audit opinion for the past five consecutive years.
Awards
- Healthcare Financial Management Association (HFMA) Award for Excellence in Financial Management
- Beckers Healthcare CFO Leadership Award
- Modern Healthcare Healthcare Finance Hero Award
- American Institute of Certified Public Accountants (AICPA) Certificate of Achievement in Healthcare Finance
Certificates
- Certified Public Accountant (CPA)
- Certified Management Accountant (CMA)
- Certified Healthcare Financial Professional (CHFP)
- Certified Internal Auditor (CIA)
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How To Write Resume For Financial Controller, Healthcare
- Highlight your experience in healthcare accounting and financial management.
- Showcase your ability to develop and implement financial strategies that improve profitability and reduce costs.
- Demonstrate your strong analytical and problem-solving skills.
- Emphasize your commitment to compliance and ethical behavior.
Essential Experience Highlights for a Strong Financial Controller, Healthcare Resume
- Oversee all financial operations, including budgeting, forecasting, and financial reporting.
- Develop and implement financial policies and procedures to ensure compliance with applicable laws and regulations.
- Manage a team of financial analysts and accountants to ensure accurate and timely financial reporting.
- Conduct financial due diligence and analysis for mergers and acquisitions.
- Develop and implement strategies to improve profitability and reduce costs.
- Manage relationships with banks, auditors, and investors.
Frequently Asked Questions (FAQ’s) For Financial Controller, Healthcare
What are the key skills and qualifications for a Financial Controller in the healthcare industry?
The key skills and qualifications for a Financial Controller in the healthcare industry include a Master’s degree in Accounting, CPA certification, 5+ years of experience in financial management, strong analytical and problem-solving skills, and experience with healthcare accounting software.
What are the key responsibilities of a Financial Controller in the healthcare industry?
The key responsibilities of a Financial Controller in the healthcare industry include overseeing all financial operations, developing and implementing financial strategies, managing a team of financial analysts and accountants, conducting financial due diligence, and managing relationships with banks, auditors, and investors.
What are the career prospects for a Financial Controller in the healthcare industry?
The career prospects for a Financial Controller in the healthcare industry are excellent. The demand for qualified financial professionals in the healthcare industry is expected to grow in the coming years due to the increasing complexity of the healthcare system and the need for financial expertise to manage costs and improve profitability.
What are the top companies for Financial Controllers in the healthcare industry?
The top companies for Financial Controllers in the healthcare industry include Johnson & Johnson, Kaiser Permanente, UnitedHealth Group, and CVS Health.
What is the average salary for a Financial Controller in the healthcare industry?
The average salary for a Financial Controller in the healthcare industry is $120,000 per year.