Kim L. Pennock
The Villages,FL
Summary
Proactive Financial accounting manager with strong background in financial analysis, budgeting and forecasting. Develops and implements financial plans and delivers strategic financial advice. Over 20 years in Medical (Long Term Care) accounting.
Overview
36
36
years of professional experience
1
1
Certification
Work History
Tax Professional
Clarity Tax Management
01.2022 - 05.2023
- Completed and filed returns with tax departments at local, state, and federal levels.
- Maintained complete records of client tax returns and supporting documentation in secured areas.
- Prepared tax returns for clients in various industries according to government regulations and requirements.
- Reviewed available data and compared against tax code to determine exemptions, deductions, and potential liabilities.
- Contacted IRS or other relevant government organizations on behalf of client to address issues related to tax self-preparation.
- Conducted reviews of internal tax documentation, reducing errors related to missed tax benefits.
- Consulted with clients to assess and mitigate future tax liabilities and determine eligibility for tax abatement.
- Reviewed clients tax filing papers thoroughly to determine eligibility for additional tax credits or deductions.
- Identified potential audit red flags to minimize risk of IRS audits.
- Researched complex tax issues utilizing online resources and professional tax software.
Owner Operator
3rd Rock Adventures
03.2015 - 03.2020
- Managed day-to-day business operations.
- Consulted with customers to determine places for improvement and correction.
- Put together realistic budgets based upon costs and fees for successfully operating business.
- Adhered to regulatory and policy changes and made necessary adjustments to maintain overall success.
- Trained and motivated group leaders to manage groups and the many surprises that come along each trip.
- Evaluated suppliers to maintain cost controls and improve trips and tours.
Director of Budgeting and Planning
Mariner Healthcare
09.1999 - 03.2015
- Reduced completion time by 3 weeks of 300 Facility budgets
- Facilitator of Overhead budgets for 30 departments
- Improved efficiency and timeliness of Facility Consolidation and Overhead Budgets
- Assisted with Design and Implementation of Hyperion Essbase Budgeting
- Trained Regional Controllers on use of New Budgeting system
- Created and implemented Forecasting model for financial statement
- Consolidation, Cash Flow and Balance Sheet
- Mentored and supported 7 budget department employees to create strong workplace culture.
- Monitored activities for adherence to vital milestones and deliverables.
- Assessed and forecasted Occupancy, income and expenses.
Reimbursement Consultant
- Reviewed Medicare cost reports Reviewed facility operations for reimbursement maximization Implemented Time study training Conducted Exceptional rate training Performed Certified staffing training Financial review and reporting
Regional Controller
- (California, Colorado, Wyoming and Nebraska)
- Supervised 1 accountant, 5 field analysts, and 30 bookkeepers
- Trained all new administrators and Directors of Nursing on reading and use of Financial statements
- Trained Department Heads on use of Spend down analysis
- Monitor and supervise cash flow, payroll, taxes and Accounts Receivables
- Monthly financial reporting of facility and regional income statements
- Completed Monthly Regional Variance analysis
- Completed Annual Regional and Facility budgets (up to 60)
- Consulting to facility Administrators and Directors of Operations on issues of
- Account receivables, variances, as well as Medicare and Medicaid concerns
Assistant CFO
Pinion Management
01.1998 - 09.1999
- Review and Negotiation (Pinion Network)
Sr. Regional Controller
- (Colorado)
- Supervised 2 Regional Controllers, 2 accountants and 8 bookkeepers
- Trained New administrators on Financials and reimbursement issues
- Support all financial needs for Managed nursing homes
- Monitor and supervise Cash flow, payroll, taxes and Accounts Receivables
- Monthly financial reporting; year-end financial reporting
- Consulting to Administrators, Directors of Operations and facility Ownership
Regional Financial Manager
GranCare, Mariner Health Care
05.1996 - 11.1997
- And Ohio) Supervised 3 Field Analysts and 21 Bookkeepers Report directly to Vice President of Finance Regional Budgeting and Forecasting Reimbursement and Financial consulting to facilities Analyzed and reported on financial performance of facilities Interviewed and assisted in hiring of administrators Accounts receivable management
Financial Consultant
- On New Facility set up
- Budgeting for all 28 facilities
- Timely Medicare and Medicaid Cost reporting for all 28 facilities
Assistant Controller
Regency Pacific
05.1995 - 05.1996
- Completed Medicaid and Medicare Washington and Oregon cost reports Responsible for appeals and audits, desk reviews and NPRs Managed settlement and rate setting Created a download program enabling monthly mini cost reports to be done
- Reviewed month end close process of Oregon SNFs and assisted living facilities Preparation of financials and facility budgets Preparation of various operational reports Managed 401K plan and 125 D plan
Reimbursement Analyst
Hillhaven Corporation
08.1993 - 05.1995
- Completed Medicaid cost reports for WA, OR, CO, ID, WI & UT Participated in all appeals conferences and ALJ hearings Managed settlement and rate setting issues and accruals – Washington Annually completed between 12 and 14 Medicare Cost reports Responsible for desk reviews and NPRs for assigned facilities Managed Medicare audits for assigned facilities Accurate measuring of facilities for Medicare purposes Worked closely with Operations, Administrators and District Directors of Operations
Senior Accounting Analyst
Eastside Medical Laboratory
09.1992 - 04.1993
- Monthly reporting of financial statements and presentations to the Board of Directors Designed and implemented first in depth Corporate Budget Redesigned the corporate general ledger and financial statement presentation Analysis of financial results as compared to budgeted projections Maintained fixed asset register
Senior Cost and Budget Analyst
King County Medical Blue Shield
02.1991 - 09.1992
- Development and administration of the corporate budget for a billion-dollar company Maintenance of detailed costing by product lines as required by government contracts such As Medicare and FEP as well as other major contracts
- Maintained financial and cost report results including variance analysis to plan results
- Developed detailed product line forecasts used in contract negotiation for Medicare Implemented a process for identifying aged adjustments from providers Identified and collected over $500,000 of unknown provider receivables
- Reconciliation and maintenance of they payment process in relation to the G/L
Senior Accountant
American Home Foods
05.1989 - 09.1992
- Designed and implemented computerized budget reporting system Responsible for fixed asset and depreciation accounting Supervised plant payroll systems and prepared administrative payroll and taxes General ledger accounts analysis and reconciliation, reviewed and audited all A/P
Staff Accountant/ Cash Management Specialist
Ross Stores Inc
06.1987 - 05.1989
- Responsible for all cash activities including forecasting and managing cash Managed short term investments and all International Letters of Credit Established banking relationships for all new stores across the country Maintained float analysis and minimized service charges for the company
Education
Masters of Business Administration - Business
Golden Gate University
San Francisco, CABachelors of Science - Accounting
California State University
Hayward, CAHigh School Diploma -
Hasting High School
Hastings, MIEnrolled Agent - Taxes
Gleim
Online12.2022
Skills
- Software Skills
- Excel, Lotus, Peachtree, Word, Word Perfect, PowerPoint, Essbase, and People Soft Financials
- Self Starter
- Multifactor Analysis
- Collaborative Relationships
- Strong Analytical Skills
- Cost Analysis
- Performance Tracking and Evaluations
- Staff Management
- Managing Revenue Projections
- Complex Problem-Solving
- Budgeting and Cost Control
- Verbal and Written Communication
- Reporting
- Quarterly Reviews
- Financial Reporting
- Account Reconciliation
- Year-End Closings
- General Ledger Accounting
- Financial Management
- Account Analysis Expertise
- Budget Development
- Spreadsheet Tracking
- Financial Data Analysis
- Interpersonal Relations
- Financial Statement Presentations
- AP and AR Management
- Excellent Team Leadership
Certification
- Enrolled Agent, Internal Revenue Service - 2022
Hobbies: Travel, Cooking, dogs and friends
I have seen a good part of this wonderful, marvelous planet that we live on. I love to feed people and don't know how I would live without my pets and friends.
Timeline
Tax Professional
Clarity Tax Management
01.2022 - 05.2023
Owner Operator
3rd Rock Adventures
03.2015 - 03.2020
Director of Budgeting and Planning
Mariner Healthcare
09.1999 - 03.2015
Assistant CFO
Pinion Management
01.1998 - 09.1999
Regional Financial Manager
GranCare, Mariner Health Care
05.1996 - 11.1997
Assistant Controller
Regency Pacific
05.1995 - 05.1996
Reimbursement Analyst
Hillhaven Corporation
08.1993 - 05.1995
Senior Accounting Analyst
Eastside Medical Laboratory
09.1992 - 04.1993
Senior Cost and Budget Analyst
King County Medical Blue Shield
02.1991 - 09.1992
Senior Accountant
American Home Foods
05.1989 - 09.1992
Staff Accountant/ Cash Management Specialist
Ross Stores Inc
06.1987 - 05.1989
Reimbursement Consultant
Regional Controller
Sr. Regional Controller
Financial Consultant
Masters of Business Administration - Business
Golden Gate University
Bachelors of Science - Accounting
California State University
High School Diploma -
Hasting High School
Enrolled Agent - Taxes
Gleim
Similar Profiles
Logan DannenhauerLogan Dannenhauer
Financial Advisor at Clarity Wealth ManagementFinancial Advisor at Clarity Wealth Management
Tyler ShermanTyler Sherman
Swimming Pool Technician at Clarity Pool ManagementSwimming Pool Technician at Clarity Pool Management
Ryan CavanahRyan Cavanah
National Sales Manager at Tax Management AssociatesNational Sales Manager at Tax Management Associates
Denise MorrisonDenise Morrison
Food and Beverage Trainer at Harrah’s Cherokee Casino ResortFood and Beverage Trainer at Harrah’s Cherokee Casino Resort
David E PattersonDavid E Patterson
IT Specialist Mid at LEIDOS, INC.IT Specialist Mid at LEIDOS, INC.