Jason E Turk, CPA

• 45+ location rapid growth VSO with hospitals in MA, NH, ME, VT, FL, CT, PA, NJ, NY and VA
• Extremely high deal velocity (5 acquisitions a month)
• Oversee accounting and procurement
• Manage debt facility and relationship with lender
• Implemented Adaptive Insights budgeting and financial reporting software and created regional reporting packages
• Created sponsor reporting package
• Created 2022 budget and BOD presentation
• Implemented data lake and data visualization platform (Tableau)
• Present monthly, quarterly and annual financial results to the BOD and lead weekly cash flow and revenue flash calls
• Oversee audit and tax

• 70 location rapid growth Dental Service Organization with offices in NY, NJ and CT
• Led company through successful exit (recapitalization with new Private Equity Sponsor: $440M Enterprise Value, 14x EBITDA Multiple)
• Grew from 30 offices to 70 offices; 38 acquired and 2 De Novos
• Increased PF EBITDA from $6M to $30M
• Negotiated $25M incremental debt facility
• Oversaw accounting and business intelligence with additional dotted line reports to Chief Insurance Officer (Revenue Cycle) and Vice President of M&A
• Led BOD and shareholder meetings
• Oversaw audit and tax
• Managed debt facility and lender relationship
• Performed internal quality of revenue analysis utilizing a cash waterfall model
• Created real time dashboards in Power BI to measure performance vs budget and same store performance on key metrics
• Created investment returns and post-acquisition performance dashboards to measure ROIC, multiple reduction, margin expansion and realization of pro forma synergies
• Created robust budgeting process including employee level labor modeling, unit level full P&Ls, revenue by provider, seasonality indexing and a scaling corporate infrastructure to facilitate appropriate cost pacing with growth
• Created treasury function including daily cash position reports and 13 week cash flow forecasts

• 180M annual revenue, 140+ outpatient physical therapy locations
• Created FP&A department and built into a team of five
• In absence of a CFO, helped guide company through a restructuring which included a reduction of more than $10M of expense
• Created financial reporting package and lead the monthly financial calls with our private equity partner (Thomas H Lee Partners)
• Implemented rolling forecast and reduced budget cycle from 6 months to 1 month
• Self-implemented Adaptive Insights budget/forecast software thus reducing the need for consulting expenses for implementation
• Self-implemented business intelligence environment (Tableau) and wrote all of the SQL views required to automate and integrate with back end data lake
• Created revenue recognition policy and cash waterfall model; managed the monthly recordation of revenue/AR and managed the annual external audit process for revenue/AR
• Created rolling 3 statement model including credit agreement EBITDA to manage leverage ratio, funding requirements and ensure compliance with debt covenants
• Managed cash forecasting including 13 week cash forecast and daily cash position report and reported on liquidity to our private equity partner
• Developed an automated analytical tool to assist with the market analysis for de novos which helped the company prioritize markets and open 18+ De Novo locations annually
• Implemented reporting to track the post-closing performance of acquisitions and de novos
• Developed clinical and admin labor models based on target productivity which led to annualized savings of $9M
• Worked with private equity partner to develop quarterly bonus program based on productivity and profitability

• 300M annual revenue, 60 locations
• Managed the annual budget process including oversight and review of unit level budgets, the corporate budget and presentation to parent company
• Oversaw the weekly, periodic and annual forecast processes and managed daily activities of FP&A analysts
• Developed DCF model used for all investments requiring Investment Committee approval
• Partnered with Business Development to provide support through the RFP process including Financial Modeling to determine the IRR and NPV of various projects in the development pipeline
• Developed Investment Committee presentations and corresponding financial models for projects ranging from $5M to $50M
• In absence of an ERP, developed SQL based reporting platform to automate and streamline reporting as well as maintain integrity of source data
• Automated the financial reporting consolidation process using excel VBA Programming resulting in an annual reduction of approximately 1,000 labor hours

· $800M annual revenue, 313 locations

· Compiled weekly, periodic, quarterly and annual Pro Forma forecasts in support of weekly executive meetings and performed variance analysis on operating results

· Compiled annual operating plan and created automated process to distribute templates to Directors of Operations and retrieve completed templates using excel VBA programming

· Compiled data and analysis for the quarterly earnings call and reviewed 10Q and 10K for accuracy prior to submission

· Developed and completed ad hoc marketing analyses which included PPNOC for campaigns/promotions, breakeven contribution margin analysis for discount programs and correlation analysis to determine ROI on email offers

• Performed testing over 4 acquisitions in the Pharmaceutical Manufacturing and Radiology industries
• Managed the Consolidations process of all subsidiary units for a Pharmaceutical Manufacturing company
• Reviewed and signed off on testing procedures and work papers prepared by Associates
• Compiled data and analysis for the quarterly earnings call and reviewed 10Q and 10K for accuracy prior to submission
• Performed testing over the valuation of Goodwill and Intangibles in accordance with ASC 805 and coordinated efforts with valuation specialists

• Completed two busy seasons as an Assurance Associate performing 10K Audits, 10Q Reviews and other attestation services in the Financial Services and Consumer Industrial Products groups
• Completed the following trainings: Assurance 1, Assurance 2, Employee Benefit Plans and Audit Quality Workshop

Significant Engagements

• Bank of America (Public)
• Kayne Anderson (Public)
• PC Mall (Public)
• The Cheesecake Factory (Public)
• Mattel (Public)
• Rocketdyne
• Caltech Jet Propulsion Laboratory
• Unisource Energy Services
• Tucson Electric Power