Summary
Overview
Work History
Education
Skills
Affiliations
Certification
Board Appointments:
References
Timeline
Generic

Richard Powell

Chicago,IL

Summary

Dynamic Chief Financial Officer with extensive experience at Trilogy, Inc., recognized for expertise in financial analysis and strategic leadership. Proven ability to optimize revenue cycles and budgets, resulting in significant cost savings and operational efficiency improvements. Demonstrated success in fostering team dynamics, enhancing organizational goals, and maintaining exceptional accuracy in financial reporting and auditing. A decisive leader skilled in managing relationships with shareholders and board members, ready to leverage progressive experience for continued growth.

Overview

37
37
years of professional experience
1
1
Certification

Work History

Chief Financial Officer

Trilogy, Inc.
Chicago, IL
06.2024 - Current
  • Completed analysis of company financial data and produced industry reports outlining metrics and results.
  • Fostered collaboration and development of new practices by business leaders.
  • Oversaw finances for revenue generated by management projects.
  • Hired, trained, and mentored staff members to maximize productivity.
  • Strategized and implemented plans to transform and revitalize operations, capitalizing on emerging industry trends.
  • Made proactive adjustments to fiscal policies according to available company resources and desired outcomes.
  • Identified cost saving measures through analysis of existing operational procedures.

Vice President of Development

Revere Consulting Company
Chicago, Illinois
05.2021 - 02.2024
  • Oversaw tactical planning and management of enterprise IT infrastructure, Electrical Services, and e-Business solutions.

Chief Financial Officer

Planned Parenthood of Illinois
10.2018 - 04.2021
  • Held a leadership position responsible for health center strategic planning and budgeting, revenue cycle management, and patient management
  • Managed supply chain and MIS, ensuring efficient operations

Principal

Arias Information Solutions
01.2014 - 12.2018
  • Leadership position responsible for business development and delivery of Technology and Organizational transformation projects in Healthcare, Education, and Government
  • Serve as consulting enterprise data architect designing business process solutions for Adeptia software implementations
  • Created automated data exchanges with State of Illinois agency management systems and various healthcare institutions

Managing Director

Red Galaxy Consulting Group
01.2013 - 12.2014
  • Leadership position responsible for providing IT and business services solutions to a cross-section of industries
  • Lead cross-functional teams to provide the overall IT vision in strategic direction, tactical planning, and management of enterprise IT infrastructure

Managing Deputy Chief Information Officer

City of Chicago
01.2012 - 12.2013
  • Leadership position managing the City's average annual portfolio of 15-20 projects
  • Authorized annual budgets varied between $8m-$50m
  • Portfolio was consistently delivered in excess of 90% on time and within budget
  • Responsibilities included the management of numerous IT application projects

Deputy Chief Information Officer

Cook County Bureau of Technology
01.2011 - 12.2012
  • Leadership position responsible for Application Services, the Enterprise Program Management Office, Business Office and all IT Capital and Operating Budgets
  • Key accomplishments included the development of an IT Governance structure, IT chargeback methodology, organized collaboration committee of all Cook County CIOs, implemented mainframe migration, developed IT application portfolio methods, and developed processes for evaluating proposed IT projects throughout the County

Chief Information Officer

Cook County Treasurer's Office
01.2010 - 12.2011
  • Managed IT Strategy and Budget activities, operational management of tax collection, refund, and distribution application systems
  • Ensured infrastructure support for efficient operations

Vice President and Chief Financial Officer

Unity Healthcare
01.2007 - 12.2008
  • Responsible for budgeting and budget system development, hospital and clinic revenue cycle activities, controllership, cost accounting and treasury functions
  • Implemented Meditech System modules for Budget and Forecasting, Cost Accounting and Executive Support Systems

Chief Financial Officer

University Medical Center
01.2006 - 12.2007
  • Responsible for hospital strategic planning and budgeting, revenue cycle management, controllership, cost and reimbursement, managed care and supply chain functions
  • Implemented balanced scorecard restructured revenue cycle operations and worked extensively with implementation of SAP Enterprise Resource Planning system

Chief Financial Officer

John H. Stroger Hospital of Cook County
01.2003 - 05.2006
  • Responsible for operational management of planning and budgeting systems, revenue cycle management, controllership, cost and reimbursement, patient financial services, and patient management functions

IT Business Director

Abbott Laboratories
01.2001 - 12.2003
  • This was a project assignment responsible for internal corporate IT consultancy services that supported various business units including Pharmaceutical, Diagnostic devices and Consumer Products divisions
  • Key accomplishments: Services provided involved diagnosing client divisions business strategies and linking those strategies to the right subset of IT products or services
  • Delivered business-oriented services such as client consortium facilitation, change management, and IT benefits measurement

Principal

IBM Global Services
01.1998 - 12.2001
  • Served as responsible for business development and delivery of projects in the following service offerings in the Healthcare, Public-Sector vertical: financial management, strategic outsourcing, e - Business, e-Finance, CRM, Business Intelligence, Enterprise Application integration, and Packaged Enabled Business Transformation
  • Key accomplishments: Implemented City of Chicago Parking Ticket operations and web development project
  • Implemented Illinois Dept of Revenue Tax Application Architecture project
  • Implemented Illinois Capital Development Board financial process transformation project
  • Implemented the business to citizen Internet based payment application for a major Midwestern City using WebSphere, Java Servlets, Java Beans, JavaScript, HTML, DTD, XML and XSLT style sheets
  • Implemented n-tiered e-commerce engagement using Lotus Domino and WebSphere Commerce suite for the population ministry of the Government of Indonesia

Senior Equity Partner

Foster, Powell & Company
, IL
01.1988 - 06.1998
  • Served as a senior partner in charge of Healthcare projects
  • Ensured customer satisfaction, managed communications, and oversaw service level management

Education

DOCTORATE, Ph.D. -

CASE WESTERN RESERVE UNIVERSITY
Chicago, IL
03.2005

CERTIFICATE, Project Management Professional -

Project Management Institute
Chicago, IL
11.1999

CERTIFICATE, Certified Management Accountant -

Institute of Management Accounting
Chicago, IL
05.1998

MASTERS, MBA - Finance

UNIVERSITY OF CHICAGO
Chicago, IL
08.1996

MASTERS, M.S. - Applied Mathematics and Decision Sciences

UNIVERSITY OF ILLINOIS AT CHICAGO
Chicago, IL
06.1990

CERTIFICATE, Certified Public Accountant -

University of Illinois Urbana
Champaign, IL
09.1977

BACHELORS, B.S. - Mathematics/Accounting

CHICAGO STATE UNIVERSITY
Chicago, IL
06.1974

Skills

  • Financial Accounting
  • Cost Analysis Proficiency
  • Analytical Decision Making
  • Strategic Leadership
  • Time Management
  • Cybersecurity Planning
  • Data Integration Specialist
  • Revenue Cycle Optimization
  • Cash Management
  • Strategic Direction
  • Tactical Execution
  • Resource Management
  • Corporate Finance
  • Team Dynamics
  • Enterprise IT Systems Management
  • Business Development
  • Designing System Solutions
  • Vendor and Resource Management
  • Budgeting
  • Process Improvement Management
  • Project Management Expertise
  • Data-Driven Decision Making
  • Quantitative Data Interpretation

Affiliations

  • Member Alpha Phi Alpha Fraternity , Inc
  • Most Worshipful Prince Hall Grand Lodge State of Illinois
  • United Supreme Council Ancient and Accepted Scottish Rite

Certification

  • Certifiied Public Accountant, State of Illinois
  • Certified Management Accountant, Institute of Management Accountants
  • Project Management Professional, Project Management Institutute

Board Appointments:

  • Planned Parenthood of Illinois
  • Centers for Health and Housing
  • Abraham Lincoln Center
  • Goodwill Industries

References

References available upon request.

Timeline

Chief Financial Officer

Trilogy, Inc.
06.2024 - Current

Vice President of Development

Revere Consulting Company
05.2021 - 02.2024

Chief Financial Officer

Planned Parenthood of Illinois
10.2018 - 04.2021

Principal

Arias Information Solutions
01.2014 - 12.2018

Managing Director

Red Galaxy Consulting Group
01.2013 - 12.2014

Managing Deputy Chief Information Officer

City of Chicago
01.2012 - 12.2013

Deputy Chief Information Officer

Cook County Bureau of Technology
01.2011 - 12.2012

Chief Information Officer

Cook County Treasurer's Office
01.2010 - 12.2011

Vice President and Chief Financial Officer

Unity Healthcare
01.2007 - 12.2008

Chief Financial Officer

University Medical Center
01.2006 - 12.2007

Chief Financial Officer

John H. Stroger Hospital of Cook County
01.2003 - 05.2006

IT Business Director

Abbott Laboratories
01.2001 - 12.2003

Principal

IBM Global Services
01.1998 - 12.2001

Senior Equity Partner

Foster, Powell & Company
01.1988 - 06.1998

DOCTORATE, Ph.D. -

CASE WESTERN RESERVE UNIVERSITY

CERTIFICATE, Project Management Professional -

Project Management Institute

CERTIFICATE, Certified Management Accountant -

Institute of Management Accounting

MASTERS, MBA - Finance

UNIVERSITY OF CHICAGO

MASTERS, M.S. - Applied Mathematics and Decision Sciences

UNIVERSITY OF ILLINOIS AT CHICAGO

CERTIFICATE, Certified Public Accountant -

University of Illinois Urbana

BACHELORS, B.S. - Mathematics/Accounting

CHICAGO STATE UNIVERSITY

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