James Galgano
Chief Financial Officer
Coram, NY
Director of Finance/Controller
< Ability to provide leadership in the development of financial objectives and the realization of those goals.
< Proficient in the use of technology as a tool in setting objectives and measuring their fulfillment.
< Committed to improving the efficiency of financial operations as the key to a successful enterprise.
KEY AREAS OF EXPERTISE
Finance Cash Management, Cash Flow Analysis, Budgeting, Forecasting, Financial Analysis, Financial Reporting, Cost
Reports, Tax reporting and Returns, Revenue Management and Reimbursement, Grant Management
Accounting Financial Statement Preparation and Audits of Same, Oversight of Payroll, Accounts Receivable and Accounts
Payable Functions, Interaction with all types of Auditors
Computers Windows, Microsoft Office, Oracle and various industry specific applications
Work Experience
Chief Financial Officer
September 2009 to April 2012
Successful in providing financial stability to a 120 bed Skilled Nursing Facility that had incurred operating losses for many years. Directed the upgrade of the Facilitys computer network and introduced financial accountability to department directors. Participated in the selection and implementation of an electronic medical records designed to help streamline the operations of the Facility. I presented financial reports to the Facilitys Administrator and Board of Directors and was a member of the Strategic Planning Committee.
Director of Finance
September 1995 to September 2009
Responsible for providing financial leadership to a 264 bed Skilled Nursing Facility opened as a replacement facility in April 1995 and operated by Suffolk County. Oversaw the installation of a Management Information System that I used as a tool to develop financial reporting benchmarks to monitor financial performance. Reduced the days outstanding in accounts receivable to half that of historical levels. The Facility had required a contribution from the County ranging from 4.5 to six million dollars annually between 1989-1994 in order to maintain operations, I successfully reduced that contribution each subsequent year to the point that none was necessary for 1999 and 2000
Senior Financial Analyst
June 1991 to September 1995
Responsible for the financial monitoring of a $10 billion portfolio of mortgages for non profit hospitals and nursing homes throughout New York State. Evaluated the development and implementation of workout plans for facilities experiencing financial difficulties.
Vice President-Finance
April 1988 to January 1990
70-35 113 Street Forest Hills, New York 11375
Vice President-Finance April 1988-January 1990
Responsible for providing financial leadership to a 223 bed proprietary hospital and in that role was able to restore to profitability a facility that had experienced years of financial hardship.
Controller
October 1984 to April 1988
October 1984-April 1988
Education
MBA in FINANCE
January 1990 to December 1992
B.A. in ACCOUNTING
September 1971 to June 1976
Skills
Finance Cash Management, Cash Flow Analysis, Budgeting, Forecasting, Financial Analysis, Financial Reporting, Cost
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