Robert Thoroughman

• Created, planned, and implemented policies and procedures to increase productivity and maximize return on investments.
• Delivered forward-thinking and bold insights to enhance business assets and report financial metrics.
• Oversaw budgets, payroll, and accounts payable and receivable for 20 federal grants and 8 privately funded grants.
• Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
• Directed budget development, budgetary controls and recordkeeping to make informed financial decisions for 28 grants and 58 different.
• Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
• Implemented cost reduction initiatives and process improvements to optimize efficiency and productivity.
• Prepared accurate financial statements at end of quarter to summarize financial health and business performance.
• Conducted detailed analysis of company financial information and oversaw preparation of related reports.
• Managed and led direct reports to handle controllership, treasury and corporate finance functions.
• Directed budget development, creation of budgetary controls and recordkeeping systems and investment management.
• Set and monitored effective financial policies to analyze company financial strengths and weaknesses and propose corrective actions.
• Authored, evaluated and reviewed reports to highlight company financials to key stakeholders.
• Analyzed operational issues and implemented corrective action to maximize profits.
• Conducted detailed analysis of company financial information to drive internal and external financial reporting, stewardship of company assets and ownership of cash management.
• Advised other executive leaders on strategies and intelligence to form relationships, understand current performance and set agenda for execution.
• Devised systems to monitor, evaluate and track operational achievements.
• Directed technological improvements, reducing waste and business bottlenecks.
• Devised and presented business plans and forecasts to board of directors.
• Oversaw business-wide changes to modernize procedures and organization.
• Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
• Oversaw budgets, payroll, and accounts payable and receivable.
• Fostered culture of continuous improvement within finance team, encouraging professional development opportunities for staff members.
• Oversaw successful completion of external audits, addressing any recommendations promptly to ensure smooth operations.
• Streamlined financial processes by implementing new accounting software and automation techniques.

Key Accomplishments:
• Implemented a dashboard review process for grant management
• Reorganized accounts payables process to reduce waste and eliminate duplication
• Implemented new Grant billing process to reduce time between end of billing period and submission of invoice

• Anticipated financial impact from operational issues and worked with leadership to develop solutions.
• Responsible for management of financial activities of several College of Medicine Departments and units while providing recommendations and expert advice to management, COM departments, and staff on process related topics.
• Managed financial, administrative, and operational activities of large and diversified unit with considerable income generation component.
• Directed personnel functions for operating unit and oversee annual salary increase processes.
• Coordinated budget preparation and monitor grants and contracts. Determined purchasing priorities and make recommendations for major capital expenditures.
• Provides financial leadership to various service centers and operating units including Cincinnati Cancer Center, Communications Services, Vontz Core Imaging Lab, and Center for Imaging Research.
  
  Key Accomplishments:
  • Prepared Annual budgets for 42 reporting units with combined budget of $30,000,000
  • Developed new two year business plans for Service Centers eliminating $350,000 deficit
  • Audited Service Center internal billing and recovered additional $45,000 in missed billing

• Set clear departmental objectives and developed effective strategies to achieve targeted goals.
• Monitored budget and revenue trends, compiling reports for company leadership to inform decision-making.
• Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
• Generated financial and operational reports to assist management with business strategy.
• Verified compliance of financial policies and accounting procedures against federal regulations.
• Analyzed financial statements against forecasts to prepare high-level variance analysis.
• Completed filings and upheld strict compliance with regulatory agencies and supervisors.
• Assisted with recruiting, interviewing and hiring new department employees.
• Enhanced internal control systems and procedures to mitigate risk and support opportunities.
• Improved resource utilization with data management systems, reducing costs through strategic coordination and contract analysis.
• Managed day-to-day operations within 8-person finance department for non-profit medical organization.
• Oversaw collection and reporting of Center client demographics.
• Directed management staff on hiring and created tools for interviewing and evaluation.
• Served as Center’s top administrator during temporary absence of President and CEO.
• Oversaw building operations and was primary contact for tenants.
  
  Key Accomplishments:
  • Implemented new medical billing software
  • Implemented budgeting process with monthly reporting component
  • Prepared budget forecast with cash flow component for future of agency