John D. Walker
Pflugerville,TX
Summary
Resourceful and forward-thinking Finance professional with 10+ years of experience fostering efficient and cost-effective financial operations in corporate capacities. Leverage subject matter expertise in insurance and regulatory compliance to build and maintain focused and efficient financial departments. Demonstrated ability to critically evaluate and respond to rapidly evolving financial environments to constantly drive alignment of all financial and long-term organizational goals. Dynamic department leader delivering significant improvements through management and hands-on initiatives alike. Consistently exceed all company expectations.
Overview
12
12
years of professional experience
Work History
Auditor V
Texas Department of Insurance
11.2022 - Current
- Company Overview: State agency who regulates the insurance industry in Texas employing 1,200 and an annual budget of $1.5B.
- As a Team Lead in the Liquidation Oversight Section, oversees two receivership analysts with managing regulated insurance companies domiciled in Texas in receivership.
- Manages 10 receiverships with approximately $1 billion in assets.
- Primary contact serving as SME over the receivership process including financial reporting for Annual Financial Report.
- Develops financial analysis, ratio analysis and profitability metrics to determine insolvency.
- Prepares expenditure schedules and Commissioner Action Reports for management review.
Financial Reporting Analyst
Texas Higher Education Coordinating Board
05.2022 - 11.2022
- Company Overview: State agency who acts as an advocate for higher education in Texas employing 270 and an annual budget of $1B.
- As a member of the Financial Reporting Section, provides consultative expertise to contract managers, Assistant Financial Reporting Director and vendors related to the Governor’s Emergency Education Relief (GEER) funds.
- Managed approximately $300 million in GEER funds, including ensuring payments are made to the appropriate vendors.
- Primary contact serving as SME over the reporting process of the financial reports that total annual revenues of GEER funding.
- Worked with budgeting staff to ensure funding is adequate for each GEER program.
- Prepared financial statements, schedules, exhibits, and note disclosures for both internal and external annual financial reports.
Financial Reporting Analyst
Texas Comptroller of Public Accounts
12.2017 - 05.2022
- Company Overview: State agency overseeing financial and accounting fiscal affairs of the state employing 3,300 and an annual budget of $3B.
- As a member of the Financial Reporting Section, provides consultative expertise to state agencies, fiscal management and other staff related to financial issues. Participated in the development of the Annual Comprehensive Financial Report.
- Ensured that adjusting entries totaling over $500 million in state funding is accurately reported in the financial statements.
- Worked with 15 state agencies with state appropriations between $15 million and $3.2 billion to ensure state revenues are accurately reconciled to the state accounting system.
- Worked on teams to implement three GASB implementation projects.
Contract Administration Manager
Texas Health and Human Services Commission
12.2016 - 11.2017
- Company Overview: State agency overseeing several state health and human services departments employing 12,300 and an annual budget of $18B.
- Served as Team Lead for two fiscal staff within Contract Management Unit. Provides consultative expertise to contract managers, Director and other staff related to financial issues of managing contracts. Leads the analytical and forecasting function. Presents financial implications of transactions to management.
- Managed $100 million in in federal and state awards and ensures that grants funding is spent on allowable activities.
- Ensured accurate reporting to federal agencies of contract expenditures and communicates errors in reporting to budget office.
- Coordinated and approved over $60 million in purchase requisitions for FY2018. Ensures accurate cost allocation calculations are properly applied to ensure each award is charged appropriately.
- Developed $52 million budget for the Texas allocation of federal award related to opioid treatment.
Senior Financial Analyst
TMF Health Quality Institute
01.2016 - 08.2016
- Company Overview: Nonprofit consulting company focused on promoting quality health and care through contracts with federal, state and local governments as well as private organizations.
- As key member of Finance Department, work with Director to calculate and update business plans, forecasts and budgets. Calculates budget plans for business proposals, works with Strategy Team to ensure Company strategic initiatives are carried out. Present financial implications of transactions to management.
- Calculated pricing models and business proposals totaling $28 million in 2016, in support of corporate executives’ growth opportunities.
- Ensured budget plans are loaded in budget system so that Division Directors have accurate budget variance reports for each contact award.
- Ensured accurate cost allocation methodologies are applied to administrative expenses charged to each CMS contract award.
Senior Financial Analyst
Seton Healthcare Family
03.2013 - 01.2016
- Company Overview: Leading provider of healthcare services in central Texas, supporting 1.9M individuals across 11 counties. Nonprofit organization with ~11K employees.
- As key member of Financial Planning Department, work with Director to calculate and relay identified cost savings. Consult managers to support attainment of department KPIs. Reconcile transactions between systems to ensure sound accounting data. Present financial implications of transactions to management.
- Identified a $700K total salary error within the budgeting system, which reinforces attainment of corporate owners’ cost saving goals.
- Conducted key variance analysis and partnered with managers to develop and achieve department budgets with a total value of $300M.
- Participated on teams that monitored KPIs that have resulted in cost savings of $20 million in FY 2014.
Education
MBA -
Baylor University
Waco, Texas05.2013
BBA -
Texas State University
San Marcos, TX08.1991
Skills
- Team collaboration
- Decision-making
- Account reconciliation
- Financial reporting
- Balance sheets
- Financial records review
- Regulatory compliance
- GAAP proficiency
- Profits and losses tracking
- Financial statements expertise
- Audit reporting
- Attention to detail
Accomplishments
- Worked with estate attorneys by closing five estates in the current fiscal year and returning over $100 million to policyholders with accuracy and efficiency.
Timeline
Auditor V
Texas Department of Insurance
11.2022 - Current
Financial Reporting Analyst
Texas Higher Education Coordinating Board
05.2022 - 11.2022
Financial Reporting Analyst
Texas Comptroller of Public Accounts
12.2017 - 05.2022
Contract Administration Manager
Texas Health and Human Services Commission
12.2016 - 11.2017
Senior Financial Analyst
TMF Health Quality Institute
01.2016 - 08.2016
Senior Financial Analyst
Seton Healthcare Family
03.2013 - 01.2016
BBA -
Texas State University
MBA -
Baylor University
PROFESSIONAL DEVELOPMENT
- Hyperion Financial Management Workshop
- Building Skills for Working in Teams
- What it Takes to be a Great Team Leader
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