Daniela Covaci Email & Phone Number

Ottawa, Canada Area

- Provide expert supervision and guidance to the B/AR representatives;- Ensure that the B/AR financial processes are effectively designed, documented and implemented- Monitor the daily financial transactions; - Provide leadership, informal regular feedback, coaching, support, and motivation in a manner which fosters collaboration and trust between team members;- Develop and maintain the B/AR systems of the General ledger, including meaningful management reports and updating B/AR module dictionaries as required;- Ensure the efficient and accurate completion of Patient and Non-Patient receivables analysis and receivable aging analysis;- Ensure that regular follow up on old accounts are performed, transfers to collections are actioned, account write-offs are made and approve such adjustments accordingly to the Finance policies;- Participate in the development of B/AR related budgets and projections;- Action the Month End and Year End closure procedures for the B/AR system;- Provide B/AR related audit information to auditors as required throughout the interim and year end annual financial audits and ad hoc audits;- Assist the Manager, Financial Accounting and Capital Operations and the Director of Finance in the preparation of the annual Hospital Consolidation Report and the Hospital Annual Planning ;- Responsible for working with the Billing & Accounts Service Team effectively to maintain the Patient Accounts filing system and archives;- Work collaboratively with the staff of other system modules (ie. Registration/Admission, Diagnostic Imaging, Booking, Bed Board, etc) that provide/update information in the B/AR module on project(s) to improve information gathering and documentation processes that protect and improve B/AR data quality and the data quality that ultimately forms part of the patient and hospital records;- Participate in the Ontario Business Managers Association (OBMA) meetings as QCH’s B/AR representative as a primary member;

* Manage the accounts receivable schedule and make amendments that recognize the needs of the corporation* Supervise, train, and provide guidance to the Collections Department to ensure that the best methods are used to effectively maintain all accounts* Liaise with all legal and government agencies* Posting and month closing for the A/R ledger, audit and review the monthly transactions, accounts reconciliation, credit bureau reports on accounts * Enforce corporate policies to reduce accounts receivable losses and improve cash flow* Manage corporate fleet insurance policies and client contract terms* Negotiate repayment terms for challenging accounts* Maintain collection turnover and overdue targets as agreed with management* Set-up automated banking withdrawal batches monthly, maintain data-base* Perform extensive investigations into client credit worthiness and emplace appropriate billing catered to that client* Other managerial duties as required

* Performed daily updates of the general ledger, accounts payable, accounts receivable, and tax remittances* Prepared financial statements and reports for internal and external audit, budgeting, cost control, inventory and resources management* Performed cash flow analysis, detecting bottlenecks and permanently improving the business flow* Developed a continual improvement program that monitored internal procedures and performance targets that affected product costs, and marketing programs* Oversaw vendors and business partners contracts to ensure that all aspects were in line * Managed wire transfers and foreign exchange trading, bank and credit card reconciliation, payroll preparation* Other managerial duties as requiredAccounting Instructor, Willis College of Business and Technology, Ottawa, ONFebruary 2007 Interviewed and evaluated students career goals and expectationsDesigned and implemented lessons and practical applications of GAAP using innovative teaching techniquesEvaluated and suggested different approaches for maximization of individual learning performance, enhanced and promoted a theory versus practice comparison, Developed and promoted a self-evaluation method of students' performance

* Supervised risk and portfolio management for a combined $25M pool of investors* Performed cross-functional leadership for a substantial team of colleagues* Negotiated mergers and acquisitions from the State Ownership Fund of over $8.5M* Prepared, participated and won at auctions representing 18 companies thus enabling them to privatize on behalf of the State Ownership Fund * Prepared IPOs and tender offers valued at $12M+ in combined worth* Monitored revenue targets and progress for the in-house portfolio* Implemented internal auditing and compliance programs to adhere to stock market and international standards

* Performed operational costing analysis for a nuclear power plant* Performed budgetary and production planning for 10+ departments * Created and analyzed valuation reports* Supervised on-going activities that focused on cost and production flow* Implemented continuous improvement processes to create greater operational efficiencies * Applied statistical analysis methods to obtain an over-view of the general and departmental activity

Certificate Lean Management Yellow Belt

Part Time Courses Accounting & Economics & Stats

(ongoing)

Msc, Civil Engineering

Business Admin & Accounting