Angela L Davis, MBA
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LinkedIn URL
Chief Financial Officer
Accomplished financial executive with extensive experience driving business objectives and financial performance
improvement within Fortune 500 and mid-level organizations.
Credible history of directing end-to-end finance/accounting functions, including financial controllership, planning and analysis,
compliance, acquisition due diligence, taxation, and auditing through exemplary development and leadership of the finance and
accounting team. Adept at identifying areas of improvement in existing processes, formulating robust accounting/finance policies,
and developing strong business solutions to ensure the accomplishment of set milestones. Stellar track record of steering annual
budget/forecast processes and leading ERP systems implementation, including SAP for automating reporting procedures. Skilled in
cost reduction, margin improvement, and expense containment.
Areas of Expertise
• Financial Planning &Analysis
• Budget Control & Cashflow Forecasting
• Business Transformation
• Capital & ROI Evaluation
• Corporate Finance Management
• Financial Modelling & Accounting
• Merger & Acquisition/Due Diligence
• Payer Contract & Debt Negotiation
• Policies/Procedures Improvement
• People Development/Leadership
• KPI Reporting & Management
• Stakeholder Engagement
Career Experience
Medicine for Business and Industry, Phoenix, Arizona
2023 – 2024
Chief Financial Officer, Risk Officer
Lead the development and implementation of a scalable platform to support rapid organizational growth, optimizing finance, HR,
IT, Facilities, and Sales functions. Successfully streamlined processes, upgraded systems, and built a high-performance team to drive
long-term success and expansion. Growing from 19 clinics to 31 clinics and 2 to 4 states in one year.
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Restructure and develop a cohesive finance team, establishing clear expectations and career progression pathways, while
building bench strength to support long-term scalability.
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Develop and implement a cash forecasting model, introducing daily cash flash reporting to enhance financial decisionmaking and cash flow management.
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Lead the replacement of six disparate software and advisory packages, consolidating them into a comprehensive payroll
and human resources system for increased efficiency and reduced operational complexity.
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Transition from multiple QuickBooks instances to a unified ERP system for accounting, financial reporting, and budgeting,
improving accuracy and financial transparency. Build PowerBI reporting for One Source/One Truth reporting.
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Implement Salesforce for enhanced sales development and performance tracking.
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Develop, source, and implement software platform including ERP, CRM, Procurement/Inventory, PowerBI reporting to
combine EMR/PMR and financial data, Sales, Compliance, and HRIS.
Pinehurst Surgical Clinic, Pinehurst, North Carolina
2021 – 2023
Chief Financial Officer, Compliance Officer
Deliver strategic leadership in directing finance staff of eighty-five across Revenue Cycle Management, Check-In Staff, Certified
Coders, Accounting and Finance group. Devise/execute organizational compliance strategy, resolve patient/employee queries, and
ensure adequate organizational training and internal controls, while serving as the chief compliance and HIPAA privacy officer.
Implement a financial foundation built on technology to enable strategic development and scalability, including One Source-One
Truth reporting in Tableau, a perpetual inventory system, and accounts payable automation.
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Manage charitable foundation and multiple realty entities, including investment land, clinics up to 120K square feet, medical
condominiums, speculation properties, POA medical campus association, and green site build for clinics.
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Rectify segregation of duties, workflow, and cash flow analysis for 120 providers across eleven specialties and ancillaries.
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Expand compliance program, encompassing Fraud, Waste, and Abuse training, compliance hotline, SAM/OIG exclusion list
verifications, and HIPAA assessments.
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Increase collections on current productivity by streamlining the revenue cycle management process including developing
staff training, payor negotiations, and streamlining the credentialing process.
…continued…
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Revamp inventory system and develop perpetual inventory by tying into the practice management system.
Advanced Dermatology and Cosmetic Surgery, Orlando, Florida
2020 – 2021
Vice President Financial Services
Lead a team of twenty-four in accounting, accounts payable, payroll, facilities, purchasing, provider incentives, tax, treasury,
credentialing, and financial planning and analysis groups across the Finance department. Steer efforts in strategic sourcing,
recruiting, team development, and cross-training to round out the Finance team and support business needs in a dynamic
environment. Execute robust strategies to ensure the smooth running of staff and business office operations.
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Recruit, hire, and train the Facilities Director to oversee 141 locations, including 30 ongoing projects, renovations, de novo,
and internal shell construction.
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Update accounting software to Microsoft Dynamics 365 establishing compliance with multi-factor authentication.
Nova Medical Centers, Houston, Texas
2018 – 2020
Controller
Oversee financial activities including treasury, procurement, accounts payable, accounting, fixed assets, and tax. Prepare loan
compliance documents and borrowing base certificates and review bank covenants for all compliance requirements. Direct all aspects
of financial performance from financial statement analysis, reporting, budgeting, and forecasting.
● Implement Revenue Recognition, ASC 606, consistent with new FASB rulings effective in 2019, and prepare the structure
for the Lease Recognition changes for 2020 due to ASC 842.
● Source/implement purchasing/inventory system, creating restricted formulary and reduce supplies cost by 4% of NR.
● Create forecasts and projections for new clinics with site-specific demographic analysis.
● Refinance all debt for preferred interest rate and debt repayment schedule.
● Establish vendor management system for management of locum tenens, float, and temporary staff across 50 locations.
US Healthworks, A Dignity Health Member, Santa Clarita, California
2012 – 2018
Director of Financial Planning and Analysis
Supervise financial planning and analysis team, accounting, fixed assets, and tax departments for 26 employees. Forecast and update
the financial projections, organic growth models, and acquisition and de novo performance reports.
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Design financial valuation models for 77 acquisitions, two de novo, and ten divestitures involving DFCF (Debt Free Cash
Flows), IRR (Internal Rate of Return), terminal value, and cash multiples.
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Direct treasury services and reorganize procedures for 36 bank accounts with an average operating cash balance of $45M.
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Develop and implement bottom-up budget process for 220 clinics, 32 on-sites, and 47 corporate departments.
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Automate patient refund process to reduce backlog and staffing requirements and improve the pay-out cycle.
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Create predictive models for acquisitions, clinic hours modifications, site relocations, insurance contract negotiations, and
foreign licensing applications for 220 clinics in 21 states.
Financial Planning and Analysis Manager
Senior Financial Analyst
Additional Experience
Regional Field Accountant – Western United States, Stanley Black & Decker, Santa Clarita, California
Accountant, Public Accounting Firm, Simi Valley, California
Administrator, Progressive Asset Management Services, Simi Valley, California
Head Buyer, Young Electronics – a Department of Defense subcontractor, Chatsworth, California
Education
MBA International Business - California Lutheran University
Bachelor of Science in Accounting - University of Phoenix
Technical Proficiencies
Advanced Excel (pivot tables, formulas, cubes, and linear programming)
Great Plains | SAP | Lawson Financial Software | Sage (Intacct)