Chief Financial & Investment Officer
Organize, develop, implement, and direct the fiscal and monetary activities of a 800 unit diversified senior care organization. Partner with the CEO and Board in strategic planning, business plan development, mergers & acquisitions, and financial planning & analysis for an annual budget over $80 million. Responsible for the investment activities of $1.4BB endowment, including development and implementation of a strategic asset-allocation plan, ongoing risk management & analysis, investment recommendations, and oversight of outside asset managers. Manage and coordinate the investment, liquidity, and asset/liability management in order to optimize long term investment performance within the risk appetite of the endowment's investment policy statement. Monitor investment performance, including compliance and responsibility for any amendment or restructuring requirements. Execute coverage program of targeted alternative investment firms, investment and commercial banks, and other relevant deal sponsors.
- Structured, negotiated and closed a $14 million acquisition of a 120 bed long term care nursing facility.
- Developed and led the RFP process for the evaluation and selection of a new investment advisor. Restructured the management of a $1.4 billion endowment resulting in fee reductions of $5.5MM.
- Re-engineered the procure to pay process and implemented web based software reducing annual supply spend by over $600 thousand while increasing transaction processing volume by over 50%
- Restructured the finance department by implementing controller, finance operations, FP&A and controls functions.