MICHAEL ANDERSON
Albion,PA
Summary
A seasoned and highly analytical individual powered with exceptional problem-solving abilities. Possessing a keen eye for detail in a fast paced and ever-changing healthcare field. Extensive accounting and finance knowledge in the health care field. Currently serving in a 300 bed facility, the largest skilled nursing facility in Northwest PA. Supervising a team of 14 individuals, of which 4 directly report.
Overview
28
28
years of professional experience
Work History
Chief Financial Officer
PLEASANT RIDGE MANOR
06.2014 - Current
- Responsible for all financial accounting and reporting procedures, and internal controls for the department
- Prepare detailed analysis of financial statements to reflect variances in income, expenditures, and capital asset values from budget and previous periods
- Present and review financial data at periodic meetings with the Board of Trustees and County Government
- Coordinate and prepare annual facility operating budget of approximately $30+ million and a capital budget of approximately $1 million
- Monitor and control Accounts Receivable with oversight of the business office and ensuring the timely collection on accounts
- Reorganized and streamlined the business office reducing staff from 6 to 4
- Offer advice to other executive leaders on strategies to improve financial growth.
- Arrange for audits of facility accounts by independent auditors and government regulating agencies
- Execution and preparation of cost reimbursement reports to government and private pay third party agencies
- Daily cash management
- Oversee purchasing department
- Analyze operational performance and efficiency to identify and implement cost reduction initiatives and process improvements.
- Foster a culture of continuous improvement within the finance team, encouraging professional development opportunities for staff members.
- Champion effective communication between finance personnel and other departments to facilitate cross-functional collaboration on projects and initiatives.
- Partner with legal, accounting and other professional teams to review and maintain compliance with regulations.
Senior Accountant
BLAIR CORPOPRATION
02.2013 - 07.2013
- Compiled and analyzed financial information to prepare journal entries to accounts
- Analyzed financial information detailing assets, liabilities, and equity
- Prepared balance sheets and income statement reports to summarize company financial position
- Major reporting including inventories and prepaid advertising expenses
- Supported external audit function during interim and year end audits and corroborate with outside auditors
- Conducted special studies relating to company operations and prepare recommendations for policy, procedure, control, or action
- Reviewed work performed by clerical personnel for accuracy and proper accounting treatment.
Senior Accountant
UPMC NORTHWEST
01.1997 - 02.2012
- Assisted in the Operating budget process by working with department managers in providing analysis and schedules
- Responsible for Capital budget preparation and maintenance throughout year
- Prepared monthly financial statements and made presentation to executive management team
- Prepared monthly financial projections
- Performed variance analyses such as reviewing the balance sheet and income statement for significant, unusual or unexpected variances and research and identify cause for variance
- Generated monthly journal entries for 3 hospital entities
- Reconciled and maintained all balance sheet general ledger accounts
- Researched and responded to inquiries for financial information from department managers
- Assisted in Cost Report preparation
- Handled all aspects of accounting for the Hospital's Foundation including posting of trust income according to various restrictions
- Responsible for initial 990 tax preparation
- Solely responsible for tracking of a new hospital construction project and brought into FAS system
- Developed specialized reports using Crystal Reports
- Created specially customized reports in Sage (Best) Fixed Asset software
- Formulated/implemented policies/ procedures concerning fixed assets
- Maintained controls on thousands of capital assets, including depreciation calculations
Education
B.S.B.A - Business Administration, Accounting
Clarion University of PA
Skills
- Expert Excel: Formulas
- Advanced Word
- Advanced Outlook
- Advanced Best-Fixed Assets
- Advanced Crystal Reports
- Intermediate PeopleSoft
- Intermediate Office 365
- Familiar McKesson HBO Star
Timeline
Chief Financial Officer
PLEASANT RIDGE MANOR
06.2014 - Current
Senior Accountant
BLAIR CORPOPRATION
02.2013 - 07.2013
Senior Accountant
UPMC NORTHWEST
01.1997 - 02.2012
B.S.B.A - Business Administration, Accounting
Clarion University of PA
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