Summary
Overview
Work History
Education
Skills
Affiliations
Languages
Certification
Timeline
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Clarissa Willett

CHAPEL HILL,NC

Summary

Goal-driven chief financial officer bringing several years of experience in financial leadership. Specializing in financial decision making and company-wide policy development. Talent for overcoming operational issues and driving proactive improvements.

Overview

24
24
years of professional experience
1
1
Certification

Work History

Chief Financial Officer- Diagnostics Segment

Labcorp Holdings Inc.
Burlington, NC
03.2017 - Current
  • Conducted regular financial reviews of operations to identify areas for improvement in terms of cost savings or process improvements.
  • Developed and implemented financial strategies to drive growth, improve profitability, and maximize long-term value.
  • Analyzed business operations, trends, costs, revenues, financial commitments and obligations to project future revenues and expenses.
  • Created annual budgets and monitored performance against them to ensure objectives were achieved.
  • Analyzed business trends and provided forecasts to senior management team for decision making purposes.
  • Coordinated financial statement reviews to coordinate variance reporting, analysis of year-to-date and forecast performance against expectations.

Senior Vice President- Revenue Cycle Management

Labcorp Holdings Inc.
Burlington, NC
03.2020 - 04.2022
  • Managed end-to-end revenue cycle management activities for a team of +2,500 employees with annual revenues of +$10B.
  • Led due diligence and integration activities for multiple acquisitions, ensuring successful revenue cycle management.
  • Successfully achieved annual operating budgets while simultaneously increasing productivity and consistently maintaining top industry benchmarks for financial metrics in revenue cycle management.

Vice President Investor Relations

Labcorp Holdings Inc.
Burlington, NC
08.2018 - 03.2020
  • Led investor relations efforts for a global Fortune 500 company with a market cap exceeding $18B and over 60,000 employees.
  • Demonstrated ability to effectively communicate the company's vision and strategy, resulting in increased investor confidence.
  • Effectively controlled information flow between Labcorp, its investors, and stakeholders using a blend of finance, communication, and marketing skills.
  • Efficiently handled information release, inquiries, meetings and offered valuable feedback to management for effective crisis resolution.

Chief Financial Officer

PAML, LLC.
Spokane, WA
03.2013 - 03.2018
  • Implemented risk management strategies designed to protect assets while mitigating potential losses.
  • Evaluated new business opportunities from a financial standpoint in order to determine viability of projects.
  • Developed and implemented financial strategies to drive growth, improve profitability, and maximize long-term value.
  • Managed relationships with external auditors, bankers and investors to ensure compliance with all regulations.
  • Provided strategic advice on capital structure, debt financing, investments, acquisitions, divestitures and other corporate finance matters.
  • Ensured compliance with federal, state and local laws regarding taxation and reporting requirements.
  • Guided internal audits, risk assessments and compliance monitoring.

Controller

Quest Diagnostics
San Juan Capistrano, CA
06.2000 - 03.2018
  • Evaluated potential investments and acquisitions from a financial perspective and recommended appropriate action plans.
  • Analyzed financial data and generated accurate financial statements on a monthly basis.
  • Developed strategies to improve profitability by analyzing current trends in revenue and expenses.
  • Performed detailed variance analyses between actual results versus budget and forecast estimates.
  • Complied with SOX guidelines and developed policies to maintain compliance with other regulatory statutes.
  • Improved billing and month-end reporting processes.

Education

Bachelor of Science - Accounting

National University
San Diego, CA
06-1993

Skills

  • Executive leadership
  • Change agent
  • Strategic partner
  • Healthcare expertise
  • Business Forecasting

Affiliations

  • Member of several non-for-profit boards
  • Mentor- FORevHER Tar Heels (UNC Chapel Hill women athletes)
  • Mentor- Gonzaga University Emerging Leaders Program

Languages

Spanish
Professional

Certification

  • Certified Six Sigma green belt

Timeline

Senior Vice President- Revenue Cycle Management

Labcorp Holdings Inc.
03.2020 - 04.2022

Vice President Investor Relations

Labcorp Holdings Inc.
08.2018 - 03.2020

Chief Financial Officer- Diagnostics Segment

Labcorp Holdings Inc.
03.2017 - Current

Chief Financial Officer

PAML, LLC.
03.2013 - 03.2018

Controller

Quest Diagnostics
06.2000 - 03.2018

Bachelor of Science - Accounting

National University
Clarissa Willett