Open To Work
Donald H. Morrison
Kingwood
Work Preference
Summary
CFO with a strong track record of enhancing financial performance through strategic planning and effective risk management. Expertise in leading budgeting processes that align with organizational goals. Proficient in optimizing revenue streams and implementing fiscal strategies to safeguard assets and improve operational efficiency.
Overview
30
30
years of professional experience
Work History
Chief Financial Officer
The Rose
Houston
06.2024 - 03.2026
- The Chief Financial Officer is responsible for The Rose’s financial, revenue cycle billing and collections, clinical data information management systems, and performance improvement processes/initiatives in support of the Chief Executive Officer.
- This position is accountable for the financial and risk management operations of the company; to include the development of a financial strategy, metrics tied to that strategy, and the ongoing development and monitoring of the control system to preserve company assets and report accurate financial results.
- Provide financial direction for carrying out the organization’s strategic plan, providing senior leadership with the information needed to make sound decisions.
- Develop and maintain organizational policies and procedures related to all financial and revenue cycle management initiatives.
- Recommended financial strategies addressing growth opportunities, tax implications, grant funding requirements, cash management, investments, and fiscal initiatives to support organizational objectives.
- Managed the overall operations of the Finance department.
- Oversaw budgeting processes to ensure alignment with business objectives.
- Managed financial reporting to support executive decision-making and transparency.
- Implemented risk management strategies to safeguard organizational assets.
- Collaborated with department heads to optimize resource allocation and efficiency.
- Evaluated investment opportunities to identify actionable insights for enhancing revenue streams and supporting growth initiatives.
- Led financial audits to ensure compliance with regulations and standards.
- Oversaw cash flow management activities including accounts receivable and payable processing, payroll administration and banking functions.
- Recruited, trained and managed staff responsible for accounting functions within the organization.
- Conducted regular financial reviews of operations to identify areas for improvement in terms of cost savings or process improvements.
- Developed annual budgets and tracked performance metrics to ensure alignment with organizational objectives.
- Analyzed operational processes and implemented continuous improvement initiatives to promote profitability and efficiency.
- Coordinated financial statement reviews to coordinate variance reporting, analysis of year-to-date and forecast performance against expectations.
- Directed the preparation of timely and accurate financial statements in accordance with Generally Accepted Accounting Principles.
- Analyzed business operations, trends, costs, revenues, financial commitments and obligations to project future revenues and expenses.
- Prepared accounts and conducted audits according to regulatory requirements.
- Established policies related to internal controls over accounting systems as well as financial processes within the organization.
- Evaluated new business opportunities from a financial standpoint in order to determine viability of projects.
- Prepared financial forecasts to support fiscal planning and management.
- Provided strategic advice on capital structure, debt financing, investments, acquisitions, divestitures and other corporate finance matters.
- Identified cost saving measures through analysis of existing operational procedures.
- Collaborated with IT department on implementation of software solutions that streamline financial processes.
- Supported company growth objectives by developing solid financial plans.
- Minimized losses by improving financial strategies to improve corporate position.
- Assisted in developing pricing models for products and services offered by the company.
- Analyzed business trends and provided forecasts to senior management team for decision making purposes.
- Collaborated with business unit managers to prepare annual financial reports, tax returns, and pension plan financial statements.
- Implemented risk management strategies designed to protect assets while mitigating potential losses.
- Modified comprehensive financial reporting package to reflect growing organizational complexity and managed financial reporting processes to validate internal and external financial results align with GAAP.
- Devised funding strategies to drive company vision and support tactical initiatives.
- Monitored economic conditions in order to provide insight into potential impacts on the organization's finances.
- Managed financial oversight for revenue generation from management projects.
- Evaluated contracts before company execution to validate their financial viability.
- Made proactive adjustments to fiscal policies according to available company resources and desired outcomes.
- Devised strategies to drive organizational vision and grow revenues.
- Developed and enforced standardized best practices for internal processes and procedures.
Chief Financial Officer
Pasadena Health Center, Inc.
Pasadena
10.2022 - 06.2024
- The Chief Financial Officer is responsible for the Pasadena Health Center’s financial, revenue cycle billing and collections, clinical data information management systems, and performance improvement processes/initiatives in support of the Chief Executive Officer.
- Oversaw budgeting processes to ensure alignment with business objectives.
- Managed financial reporting to enhance executive decision-making and ensure organizational transparency.
- Implemented risk management strategies to safeguard organizational assets.
- Collaborated with department heads to optimize resource allocation and efficiency.
- Evaluated investment opportunities to enhance revenue streams and growth potential.
- Led financial audits to ensure compliance with regulations and standards.
- Facilitated training sessions for staff on financial policies and practices.
- Oversaw cash flow management activities, including accounts receivable and payable processing, payroll administration, and banking functions, to maintain liquidity and operational stability.
- Recruited, trained and managed staff responsible for accounting functions within the organization.
- Conducted regular financial reviews of operations to identify areas for improvement in terms of cost savings or process improvements.
- Managed relationships with external auditors, bankers and investors to ensure compliance with all regulations.
- Created annual budgets and monitored performance against them to ensure objectives were achieved.
- Analyzed operational processes and implemented continuous improvement initiatives, driving profitability and operational efficiency.
- Coordinated financial statement reviews to coordinate variance reporting, analysis of year-to-date and forecast performance against expectations.
- Directed the preparation of timely and accurate financial statements in accordance with Generally Accepted Accounting Principles.
- Analyzed business operations, trends, costs, revenues, financial commitments and obligations to project future revenues and expenses.
- Prepared accounts and conducted audits according to regulatory requirements.
- Negotiated favorable payment terms with vendors while maintaining a positive working relationship with suppliers.
- Established policies related to internal controls over accounting systems as well as financial processes within the organization.
- Ensured compliance with federal, state and local laws regarding taxation and reporting requirements.
- Evaluated new business opportunities from a financial standpoint in order to determine viability of projects.
- Prepared financial forecasts to support fiscal planning and management.
- Provided strategic advice on capital structure, debt financing, investments, acquisitions, divestitures and other corporate finance matters.
- Identified cost saving measures through analysis of existing operational procedures.
- Prepared detailed reports for executive leadership regarding key performance indicators such as sales growth or expense ratios.
- Developed plans to standardize and facilitate organizational asset management.
- Supported company growth objectives by developing solid financial plans.
- Minimized losses by improving financial strategies to improve corporate position.
- Assisted in developing pricing models for products and services offered by the company.
- Analyzed business trends and provided forecasts to senior management team for decision making purposes.
- Implemented risk management strategies designed to protect assets while mitigating potential losses.
- Modified comprehensive financial reporting package to reflect growing organizational complexity and managed financial reporting processes to validate internal and external financial results align with GAAP.
- Formulated and delivered financial and budget reports for investors, partners and stakeholders.
- Devised funding strategies to drive company vision and support tactical initiatives.
- Monitored economic conditions in order to provide insight into potential impacts on the organization's finances.
- Oversaw finances for revenue generated by management projects.
- Reviewed contracts prior to execution by the company to ensure they are financially sound decisions.
- Devised strategies to drive organizational vision and grow revenues.
- Completed analysis of company financial data and produced industry reports outlining metrics and results.
- Oversaw requisition and procurement processes to guide purchasing decisions.
- Maintained organizational compliance as a Federally Qualified Health Center with contracts and grants.
- Developed and maintained organizational policies and procedures related to all financial and revenue cycle management initiatives.
- Made recommendations regarding financial matters, growth opportunities, taxes, grant funding requirements, cash management, and investing.
- Oversaw corrective action plans to remedy structural, organizational and departmental issues.
- Optimized supply chain to reduce materials costs and improve distribution.
- Improved profitability by accurately maintaining P&L to meet prime fiscal responsibility.
- Oversaw technological improvements, successfully reducing waste and eliminating business bottlenecks.
Chief Financial Officer
Southeast Texas Regional Advisory Council
Houston
01.2012 - 09.2022
- Managed SETRAC financial and clinical data information, performance improvement processes, and human resource management in support of the Chief Executive Officer.
- Ensured organizational compliance with contracts, grants, and program management policies, enhancing quality and timeliness of processing.
- Developed and maintained policies and procedures for financial and clinical data management initiatives, supporting operational effectiveness.
- Made recommendations regarding financial matters, taxes, grant funding requirements, and other fiscal initiatives, along with clinical data and performance improvement engagements.
- Managed financial reporting to support executive decision-making and transparency.
- Oversaw budgeting processes to ensure alignment with business objectives.
- Collaborated with department heads to optimize resource allocation and efficiency.
- Led financial audits to ensure compliance with regulations and standards.
- Oversaw cash flow management activities including accounts receivable and payable processing, payroll administration and banking functions.
- Recruited, trained and managed staff responsible for accounting functions within the organization.
- Conducted regular financial reviews of operations to identify areas for improvement in terms of cost savings or process improvements.
- Created annual budgets and monitored performance against them to ensure objectives were achieved.
- Coordinated financial statement reviews to coordinate variance reporting, analysis of year-to-date and forecast performance against expectations.
- Directed the preparation of timely and accurate financial statements in accordance with Generally Accepted Accounting Principles.
- Analyzed business operations, trends, costs, revenues, financial commitments and obligations to project future revenues and expenses.
- Prepared accounts and conducted audits according to regulatory requirements.
- Established policies related to internal controls over accounting systems as well as financial processes within the organization.
- Evaluated new business opportunities from a financial standpoint in order to determine viability of projects.
- Prepared financial forecasts to support fiscal planning and management.
- Identified cost-saving measures through analysis of operational procedures, contributing to overall financial health.
- Collaborated with IT department on implementation of software solutions that streamline financial processes.
- Modified comprehensive financial reporting package to reflect growing organizational complexity and managed financial reporting processes to validate internal and external financial results align with GAAP.
- Made proactive adjustments to fiscal policies according to available company resources and desired outcomes.
- Managed requisition and procurement processes to ensure effective purchasing decisions.
Financial Coordinator
St. Luke’s Hospital at the Vintage
Houston
03.2011 - 01.2012
- Coordinated accounts payable, capital budget, and department-level budget management for St. Luke’s Hospital at the Vintage.
- Coordinated the development of department level annual budgets and worked closely with department managers by providing education, information, and recommendations for effective expense management.
- Coordinated budget preparation and financial reporting with department heads to ensure alignment with organizational financial goals.
- Duties include reporting and analysis, developing volume and expense budgets, monitoring performance and providing reports to the Controller and Hospital Leadership.
- In addition, analyzes current operational processes, develops process improvement plans and leads department managers in the implementation of new processes.
- Further, participates in revenue management, cost accounting, and financial profitability analyses.
- Maintain regular communication with all levels of management to facilitate successful financial performance.
- Assist in preparation of monthly financial presentation to senior management and Board of Directors.
- Monitored account reconciliations, ensuring accuracy in records and timely resolution of discrepancies.
- Performed variance analysis between actual and planned results.
- Identified discrepancies between actual and expected results and investigated underlying causes.
- Created budgets for new projects and monitored their progress throughout the year.
- Ensured accuracy of budget reports and financial statements.
- Conducted complex analyses of financial data using Excel and other software tools to support informed decision-making.
- Compiled, analyzed, and reported monthly financial data to senior management.
Financial Analyst II
Harris County Hospital District
Houston
03.2004 - 03.2011
- Assists in the coordination, collection, verification, and distribution of business related statistics for the organization.
- Maintains current documentation detailing policy and process.
- Evaluated and developed statistics gathering and distribution processes to enhance organizational success and efficiency.
- Assists in the preparation of the capital budget based upon the strategic financial plan.
- Developed the capital budget by evaluating financial impacts and conducting NPV analysis.
- Integrates benchmarking goals into the budgeting process at the cost center level in conjunction with Operational Improvement & Decision Support.
- Supports the organization-wide variance reporting process.
- In coordination with Operational Improvement & Decision Support, participates in the variance reporting and analysis process and assists in the training of departmental leaders.
- Works with operational leadership to meet the financial analysis and consulting support required.
- Identified and communicated effective cost-saving strategies to support organizational efficiency goals.
- Maintained and supported budget software system by troubleshooting issues and ensuring functionality.
- Assist in the preparation of monthly financial presentation to senior management and Board of Directors.
- Analyzed financial data to support budget planning and forecasting efforts.
- Collaborated with departments to gather and assess financial information.
- Developed reports on spending patterns and resource allocation trends.
- Prepared financial models for project evaluation and long-term planning.
- Communicated findings and recommendations to management teams effectively.
- Analyzed complex financial information and provided actionable recommendations to management, influencing key decision-making.
- Prepared monthly balance sheets, income statements, cash flow statements, budgets.
- Collaborated with other departments to ensure accurate budgeting and forecasting processes were followed.
- Assisted senior management in preparing timely reports for board meetings.
- Developed strategies to improve efficiency of business operations and reduce costs.
- Assessed potential risks associated with new investments or acquisitions.
- Collaborated with senior management to develop and monitor key financial performance indicators (KPIs).
- Developed financial models to forecast company revenue and expense trends.
- Evaluated new business opportunities and conducted feasibility studies to assess financial viability.
- Utilized financial software and advanced Excel functions to streamline data analysis and reporting processes.
- Conducted variance analysis to compare budgeted figures against actual results and identified causes of discrepancies.
- Analyzed budgets and implemented action plans to rectify issues.
- Developed financial analysis reports and presentations by applying acquired financial principles.
Comptroller
Community Resources, Inc.
Parkersburg
07.2003 - 03.2004
- Overall responsible for the budgeting process, financial management, supervision of accounting staff, analysis of financial data and contract compliance for Community Resources, Inc.
- Managed fiscal operations, prepared annual budgets, and developed line item budgets for all programs, ensuring financial alignment with agency objectives.
- Conducted fiscal analysis of operating budgets, recommending options that enhanced resource utilization and supported agency goals.
- Forecasted monthly expenditures by line item and cost center based on project operations.
- Classifies all expenditures in accordance with project parameters, executed contracts and approved line item budgets.
- Reviews and approves bi-monthly payroll for 94 employees, including all bi-monthly, monthly, quarterly and yearly tax reports.
- Monitored sub-contracts for compliance with financial terms and conditions in the contract between Community Resources and the funding source.
- Prepared and presented monthly financial updates to Board of Directors, facilitating informed decision-making for 33 members.
Assistant Business Manager
Greater Erie Community Action Committee
Erie
01.2001 - 07.2003
- Managed the fiscal management of the school, prepared annual budgets, and developed line item budgets for school programs.
- Managed the budgeting process, financial management, analysis of financial data, and contract compliance for the GECAC Community Charter School.
- Conducted fiscal analysis of operating budgets, recommending options to maximize resource use and meet school goals.
- Prepared and presented monthly financial presentation for senior management and members of the Board of Directors.
- Prepared and processed all monthly, quarterly, and yearly reports for the Pennsylvania and U.S. Departments of Education.
- Processed bi-weekly payroll for 52 employees, ensuring compliance with all tax reporting requirements.
- Conducts fiscal monitoring of sub-contracts to ensure compliance with financial terms and conditions included in the contract between the GECAC Community Charter School and the funding source.
- Based on project operations, prepared forecasting of expenditures on monthly basis by line item and cost center.
- Classifies all expenditures in accordance with project parameters, executed contracts and approved line item budgets.
- Performed under general supervision in line with established agency financial procedures as well as the Pennsylvania and U.S. Departments of Education.
- Implemented administrative procedures to streamline operations and enhance overall efficiency.
- Assisted in grant writing efforts to secure funding for community development projects.
- Collaborated with external partners to expand resources available for community members.
Budget Analyst
Greater Erie Community Action Committee
Erie
10.1998 - 01.2001
- Managed the budgeting process, financial management, analysis of financial data, and contract compliance for the Area Agency on Aging Division.
- Managed fiscal operations for division by overseeing budget preparation and analysis of financial data.
- Conducted fiscal analysis of operating budgets and recommended options to ensure maximum use of resources and accomplishment of project goals.
- Analyzed budgetary needs for community programs and services.
- Monitored and evaluated financial performance of subcontracted agencies to ensure compliance with contracts.
- Compiled detailed financial reports to enhance funding proposals and grant submissions.
- Based on project operations, prepared forecasting of expenditures on a monthly basis by line item and cost center.
- Monitored expenditures for compliance with organizational policies and identified areas for improvement.
- Collaborated with program managers to develop annual budget proposals.
- Conducted variance analysis to identify budget discrepancies and trends.
Education
Master of Business Administration - Healthcare Management
University of Phoenix
Phoenix, AZ03-2008
Bachelor of Arts - Accounting
Mercyhurst College
Erie, PA11-1989
Skills
- Financial oversight and analysis
- Budget development and management
- Strategic financial planning
- Cash flow management
- Expenditure processes and controls
- Revenue cycle management
- Financial reporting and presentation
- Operational analytics and data preparation
- Cost reduction strategies
- Forecasting and budgeting
- Internal controls and compliance
- Audit coordination and documentation standards
- Process improvement initiatives
- ERP system implementation
- Cross-functional team leadership
- Program management expertise
- Personnel supervision and scheduling
- Productivity assessment and influence
- Team building and effective communication
- Decision making and problem solving
- Analytical thinking in finance
References
Available upon request
Qualifications Highlights
- Proficient knowledge of healthcare, and governmental operations management, budget preparation, expenditure and disbursement processes, and reporting.
- Ability to support new proposals and business initiatives.
- Work with yearly budgets from 5 million dollars to over 2 billion dollars.
- Ability to supervise, schedule, and manage personnel.
- Ability to monitor, assess, and influence productivity.
- Ability to educate senior leaders on operational and financial matters.
- Ability to maximize operations using operational and financial analytics.
- Demonstrated skill in preparation and presentation of monthly operational and financial data to Senior Management and Board of Directors.
Timeline
Chief Financial Officer
The Rose
06.2024 - 03.2026
Chief Financial Officer
Pasadena Health Center, Inc.
10.2022 - 06.2024
Chief Financial Officer
Southeast Texas Regional Advisory Council
01.2012 - 09.2022
Financial Coordinator
St. Luke’s Hospital at the Vintage
03.2011 - 01.2012
Financial Analyst II
Harris County Hospital District
03.2004 - 03.2011
Comptroller
Community Resources, Inc.
07.2003 - 03.2004
Assistant Business Manager
Greater Erie Community Action Committee
01.2001 - 07.2003
Budget Analyst
Greater Erie Community Action Committee
10.1998 - 01.2001
Master of Business Administration - Healthcare Management
University of Phoenix
Bachelor of Arts - Accounting
Mercyhurst College