Karin McCullough
Struthers
Summary
Highly Efficient Healthcare Chief Financial Officer with a background in non profit Behavioral Health and Long Term Acute Care Hospital setting. Strong background in Inpatient Hospital Revenue, Fee for service insurance billing and revenue recognition, outpatient and hospital operations management, and expense management. Innovative leader in cost saving initiatives within many departments, along with establishing processes to maintain the initiatives.
Overview
17
17
years of professional experience
Work History
Chief Financial Officer
COMPASS Family And Community Services
08.2018 - Current
- Oversaw budgets, grant funding, insurance billing, accounts payable and receivable.
- Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
- Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
- Worked closely with audit team to hedge against or mitigate operational risks.
- Presented financials and annual budget recommendations for approval to agency board of directors
- Operational Program Supervisor of $1 million workforce development program
Accounting Manger- Non Profit
COMPASS Family And Community Services
07.2017 - 08.2018
- Supervise Accounting staff of Accounts Payable and Accounts Receivable Specialists
- Maintain Fiscal Responsibility for numerous Federal, State and local grant spending
- Ensure accuracy of financials to comply with grant specifications
- Work with program managers to review funding compliance and assist in budget creation for new funding sources
- Review Accuracy of Accounting for HUD Apartment Properties for mental health and addiction clients
- Maintain accurate documentation for audits
Controller
Vibra Hospital of Mahoning Valley
12.2016 - 07.2017
- Generated financial statements and facilitated expense accrual procedures each month for 2 inpatient Hospital campuses
- Submitted Financial reports to Corporate outlining any expense or revenue variances based on monthly goals.
- Maintained integrity of general ledger, including the chart of accounts.
- Established fiscal year budget for all departments in order to obtain targeted revenue and expense goals
- Completed quarterly Balance Sheet Reconciliations
- Assisted CEO in financial appropriateness decision making for patients prior to admission
- Managed Materials Management staff, established expense goals and procedures in this department pertaining to inventory control and patient supplies expense
- Assisted CEO in numerous operational and financial decisions within the hospital setting
- Maintained accurate 1099 reporting for all vendors
- Created periodic reports comparing budgeted costs to actual costs for all departments and worked with department heads to meet all expense management expectations
- Established new procedures for increased revenue on patient accounts for outside procedures
- Provided information to CEO on cost saving initiatives with outside contracts, assisted with those vendor negotiations
Accountant
Vibra Hospital of Mahoning Valley
03.2014 - 12.2016
Responsible for the above responsibilities under the supervision of a Chief Financial Officer
Accounting
Precision Machine Controls
10.2006 - 03.2014
- Balanced monthly general ledger accounts to accurately record cost and month end accruals.
- General Ledger Entries
- Project Analysis for Revenue and Expense
- Billing of projects for Percent Complete, Milestone and Time and Material
- Month End Balancing Functions for submission to Outside Accounting Firm
- Cash Management
- Bank Reconciliations
Education
MBA - Healthcare Administration
Youngstown State University
Youngstown, OH05.2025
Bachelor of Science - Accounting and Finance Majors
Youngstown State University
Youngstown, OH1997
Skills
- Knowledge with Healthcare payment rules and regulation
- Fiscal budgeting knowledge
- Accomplished leader
- Project management authority
- Budgeting proficiency
- Personnel management
- Contract management
- Multi-operations management
- Expense Reduction
- Superb time management skills
- Accounting Operations Professional
Timeline
Chief Financial Officer
COMPASS Family And Community Services
08.2018 - Current
Accounting Manger- Non Profit
COMPASS Family And Community Services
07.2017 - 08.2018
Controller
Vibra Hospital of Mahoning Valley
12.2016 - 07.2017
Accountant
Vibra Hospital of Mahoning Valley
03.2014 - 12.2016
Accounting
Precision Machine Controls
10.2006 - 03.2014
MBA - Healthcare Administration
Youngstown State University
Bachelor of Science - Accounting and Finance Majors
Youngstown State University
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