TATE ANDREWS, MBA
Lawrence,KS
Summary
Seasoned Chief Financial Officer with a proven track record of helping companies accomplish their missions and drive growth. Possessing a strategic mindset, deep understanding of complex financial challenges, and excellent navigation skills. Exhibiting an expansion-focused approach to identify revenue generation and cost optimization opportunities, ensuring the financial health and success of the organizations served.
Overview
9
9
years of professional experience
Work History
Chief Financial Officer
ACTS DENTAL MANAGEMENT
02.2023 - Current
- Operating/managing management side of a multi-specialty DSO (9 practices) - manage Chief HR Officer, Controller, Operations Coach, Revenue Cycle Coordinator, Office Managers, and Doctors - handling marketing, business development, and Dr recruiting.
- Data analysis - growth analysis - strategic planning - budgeting - individual office Dentist/team relations - forecasting - analyze/report business activity and financials directly to the CEO - "health of the practice" financial analysis with Office Managers & Doctors - provide monthly key performance indicators to each office - identify business objectives, opportunities and challenges - oversee and manage company financial and internal controls to provide accurate, timely, and relevant financial data.
- Cash flow management - bank account management - risk management - inventory management - equipment management - real estate management - dividend/distribution management - prepare and manage yearly tax returns.
- Cut over $250k in total expenses between 5 entities to create a solid foundation for profitability while driving revenue up $111k which improved EBITDA by 68% comparing 2023 YTD to 2024 YTD.
- Helping build our culture to eliminate turnover.
- Leading/managing a $4M startup practice (multi-specialty).
Chief Financial Officer
NEW HORIZONS DENTAL PRACTICE MANAGEMENT
09.2021 - 02.2023
- Report directly to the CEO & COO (owners) - supervise a team of eight - key member of the management team.
- Data analysis - growth analysis - strategic planning - budgeting - individual office Dentist/team relations - forecasting - analyze/report business activity and financials directly to the CEO & COO - "health of the practice" financial analysis with Doctors - provide monthly key performance indicators to each office - identify business objectives, opportunities and challenges - oversee and manage company financial and internal controls to provide accurate, timely, and relevant financial data.
- Cash flow management, bank account management, risk management, inventory management, equipment, management, real estate management, dividend/distribution management - prepare and manage yearly tax returns with CPAs.
- Helped with a $23M (13 practices) sale of the company transaction.
- Went through a third-party audit with no changes to the financials.
- Grew the five lower performing practices 5% EBITDA overall.
- Assisted in acquisition of all practices to the new groups.
Controller w/ promotion to Chief Financial Officer
FRISBIE CONSTRUCTION CO., INC.
11.2019 - 08.2021
- Report directly to the President - supervisor - key member of the management team.
- Analyze/report business activity and financials directly to president, board of directors and all shareholders - identify business objectives, opportunities and challenges - oversee and manage company financial and internal controls to provide accurate, timely, and relevant financial data.
- Cash flow management - bank account management - risk management - inventory management - fleet management - insurance management - general ledger, job cost, payroll, and AP/AR management - construction software management - state and federal monthly/quarterly/yearly tax filings - month end and year end reconciliations/closing - dividend/distribution management - depreciation management - prepare and manage yearly audit with CPAs.
- Paid up $3.89M in distributions from prior years.
- Grew the company from 2% net income, projected at 7% net income before leaving.
Accountant W/ Promotion to Senior Accountant
BERGKAMP INC.
08.2017 - 11.2019
- Supervisor - ERP system experience - assist with enforcing policies & procedures AR/AP management - company credit card management - sales/ifta/excise/use tax reporting/management - EXIM banking management - bank account management - bank relations - employee bonus management - accruals and financial statement management - cash flow management - monthly/yearly forecasting - prepare reports, charts, etc. - audits - prepare budgets - strategic planning - wire/EFT transfers - bank reporting - closing month/year end - journal entries - payroll/401k review/approval - account code management - general ledger management - inventory management - reconciliation - invoice customers - improve operations - cost accounting - customer service.
- Present financials directly to CEO & Board of Directors - Interim CFO duties (6 months).
Accountant
ST. FRANCIS MINISTRIES
06.2015 - 08.2017
- Coordinator of the company expense system - prepare summaries, reports, charts, etc as requested - pivot tables - import excel spreadsheets - code receipts - journal entries - payroll - approve/code invoices for payment - review general ledgers - journal entries - reconcile report discrepancies - internal auditing - improve operations.
Education
MBA -
Friends University
Wichita, KSBBA -
Friends University
Wichita, KSAAS -
Garden City CC
Garden City, KSSkills
- Strategic financial planning
- Financial Reporting
- Financial Management
- Performance metrics analysis
- Budget Development
- Audit Coordination
- Financial Strategy Development
- Reporting skills
Timeline
Chief Financial Officer
ACTS DENTAL MANAGEMENT
02.2023 - Current
Chief Financial Officer
NEW HORIZONS DENTAL PRACTICE MANAGEMENT
09.2021 - 02.2023
Controller w/ promotion to Chief Financial Officer
FRISBIE CONSTRUCTION CO., INC.
11.2019 - 08.2021
Accountant W/ Promotion to Senior Accountant
BERGKAMP INC.
08.2017 - 11.2019
Accountant
ST. FRANCIS MINISTRIES
06.2015 - 08.2017
MBA -
Friends University
BBA -
Friends University
AAS -
Garden City CC
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