Krista Bayne
Catonsville,MD
Summary
CFO with proven success in financial administration, budget management, and strategic planning. Expertise in enhancing operational efficiency and ensuring compliance in healthcare settings.
Overview
19
19
years of professional experience
Work History
Co-Owner/CFO
Comprehensive Nursing Services, Inc
Nottingham, Maryland
01.2024 - Current
- Managed daily operations to ensure smooth service delivery to clients.
- Analyzed financial reports to identify areas of improvement in operations.
- Implemented new technologies to streamline processes and improve efficiency.
- Reviewed employee performance evaluations regularly for accuracy and fairness.
- Hired new managers to drive sustainable business growth.
- Developed and implemented training programs for new employees.
- Ensured compliance with healthcare regulations and quality standards.
- Oversee budget management and financial planning activities.
- Fostered a positive work environment through team-building initiatives.
- Managed day-to-day business operations including staffing, inventory management, budgeting, accounting, and payroll processing.
- Resolved any customer complaints or issues quickly in order to maintain positive relationships.
- Collaborated with other co-owners on strategic decisions related to the company's growth plan.
- Cultivated and maintained industry relationships and customer partnerships to capitalize on opportunities and maximize business success.
- Provided leadership and guidance to employees while fostering a collaborative environment.
Chief Financial Officer
Comprehensive Nursing Services, Inc
Nottingham, Maryland
09.2006 - 01.2024
- Developed financial strategies aligning with Comprehensive Nursing Services' operational goals.
- Managed budgeting processes to ensure resource allocation across departments.
- Oversaw financial reporting to maintain compliance with healthcare regulations.
- Coordinated audits and ensured accuracy of financial statements.
- Collaborated with department heads on strategic financial planning initiatives.
- Presented financial insights to executive leadership for informed decision-making.
- Oversaw cash flow management activities including accounts receivable and payable processing, payroll administration and banking functions.
- 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.
- Negotiated favorable payment terms with vendors while maintaining a positive working relationship with suppliers.
- Ensured compliance with federal, state and local laws regarding taxation and reporting requirements.
- Collaborated with IT department on implementation of software solutions that streamline financial processes.
- Reviewed contracts prior to execution by the company to ensure they are financially sound decisions.
Education
Bachelor of Science - Business Administration And Management
University of Baltimore
Baltimore, MD05-2003
Skills
- Financial administration
- Budget management
- Strategic planning
- Performance evaluation
- Business development
- Customer relationship management
- Conflict resolution
- Effective communication
Timeline
Co-Owner/CFO
Comprehensive Nursing Services, Inc
01.2024 - Current
Chief Financial Officer
Comprehensive Nursing Services, Inc
09.2006 - 01.2024
Bachelor of Science - Business Administration And Management
University of Baltimore
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