Numbers tell a story, and my passion is deciphering that story to drive transformation and growth. Guiding my professional journey is a philosophy of creating intrinsic value through strategic financial management, continuous improvement, and innovative problem-solving. I believe in the power of strong leadership, collaboration, and data-driven decision-making to not only meet but exceed organizational goals.With an extensive background as a finance executive, I have cultivated expertise in a variety of critical areas including mergers and acquisitions, financial planning and analysis, accounting, auditing, system design and implementation, and strategic planning. My specialized skills lie in developing robust financial strategies, driving operational efficiency, and integrating financial discipline into business operations to streamline processes and optimize results. I'm adept at managing change within challenged organizations, identifying sound business solutions, and implementing effective financial models.Throughout my career, I have led multiple organizations to achieve significant milestones. For example, as Chief Financial Officer at Luminare Health, Inc., I advised the company through a successful acquisition, achieving the desired valuation for Trustmark, Inc. and drove a complex post-acquisition project into the HCSC organization. I also spearheaded a transformative $20M+ administration system conversion project, reducing claim adjudication costs by 250%.My mission is to leverage my breadth of experience to create value for your organization through strategic financial management and operational excellence. Whether through advising on best practices or driving comprehensive financial strategies, my goal is to help your organization achieve substantial growth and efficiency. Let's connect and explore how my expertise can align with and elevate your financial and strategic objectives.
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Chief Financial OfficerLuminare Health 2007 - 2024Chicago, Illinois, United StatesLed and managed full breadth of accounting and financial operations for multi-site $175M third-party administrator in medical benefits space. Developed and implemented financial strategies, policies, and procedures to ensure long-term financial sustainability and growth. Served as integral member of company leadership team. -
Vice President Of Financial Planning AnalysisBankers Life 2003 - 2007Chicago, Illinois, United StatesProvided financial support for life and health insurance company, with $2.5B in annual collected premium and $10.5B in reserves, by managing annual planning and quarterly forecasting processes, preparing board materials, readying and presenting monthly expense reporting packages, and analyzing and presenting quarterly financial results. Led company-wide financial planning and reporting project that incorporated monitoring of enterprise-level financials for clarity, consistency, and completeness to achieve low-cost operations; results demonstrated positive turnabout in internal financial accountability and improved credibility. Selected as one of 20 managers company-wide for a high-potential leadership development group. -
Vice President - Management Reports & Analysis; TreasurerKemper 1999 - 2003Chicago, Illinois, United StatesHeld responsibility for corporate management reporting, expense management and analysis, budgeting and forecasting, company accruals, information technology controllers, financial systems, and cash management for $2B property and casualty insurance company. Designed and successfully implemented multiple planning and reporting processes by using Oracle Financial Analyzer (OFA), which included custom expense allocation process that supported management reporting structure of 40 profit centers and resulted in significant reduction of staff time.
Clare Smith Education Details
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Accounting
Frequently Asked Questions about Clare Smith
What is Clare Smith's role at the current company?
Clare Smith's current role is Strategic Business Partner | Innovative & Creative Advisor | Accounting & Financial Operations Leadership | Merger & Acquisitions | Financial Modeling | Product Pricing | Streamline Challenged Organizations.
What schools did Clare Smith attend?
Clare Smith attended Northern Illinois University.
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3csh.org, changelives.org, uchicago.edu
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Clare Smith
Lab Head, The Smith Lab Of Host-Pathogen Genetics | Assistant Professor, Department Of Molecular Genetics And Microbiology, Duke UniversityDurham, Nc1umassmed.edu -
Clare Smith
Detroit Metropolitan Area1bsci.com -
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