Scott Mccloud Email and Phone Number
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20+ years of finance and accounting experience, ranging from an early career in public accounting to CFO of a NASDAQ healthcare business with $429 million in revenues. In my recent role as Director of Finance with Adventist Health, I sucesfully manage all finance matters related to our 31 clinic operation in addition to our over 5,000 lives capitated Medicare plan. Active and high energy, I create a spirited and engaging work environment. My leadership style is consultative and I believe in building high achieving teams. I build trust-based relationships with my teams forged by respect and mutual commitment in reaching our goals, inspiring them to move forward and create unique solutions to difficult problems. Strong knowledge of the Retail/ Healthcare / Workers Compensation industries. Both public company and private equity experience, including a sales process. Examples of effectiveness as CFO: ► Managed entire corporate accounting function and Treasury Services department. Responsible for all accounting information systems including A/R, A/P and G/L processing for 2000+ users across the United States. ► Oversaw processing of $1B in customer funds annually, generating $13M service revenues.► Managed all banking relationships including 175 bank accounts and $10M line of credit. ► Completed 11 acquisitions with initial revenues of $75M, generating 150% growth and positive cash flow. ► Closed and integrated 6 acquisitions with 11 dental practices, while opening 6 new retail locations.► Set strategic direction that grew Third Party Administrator (TPA) revenue from $0 to $120 million. ► Led internal and external audits of financial statements, SOX audits, and quarterly reviews to SSAE 16 audits. Generate all 10-K and 10-Q SEC reports. ☛ E-mail: McCloudSR@gmail.com
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Folium FarmsGresham, Or, Us -
Chief Financial OfficerFolium Farms Jul 2018 - Jan 2021Hired to lead a startup and transform it into a profitable vertically integrated horticultural organization. Successfully executed a full financial turnaround plan turning an annualized $2.4M loss into a $3M profit. Implemented KPI’s and drove labor and cost savings while increasing revenue. Built financial model. Completed acquisition of vertically integrated wholesale and processing entity. Developed and implemented all accounting processes, systems, and internal controls. Closed $2.5M financing arrangement for construction and working capital needs. Key business advisor to the CEO
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Director Of FinanceAdventist Health Feb 2016 - Feb 2018Roseville, Ca, UsHired to combine two former CFO roles, clinic and capitated Medicare operations, into one Directorship position. Provided financial leadership for our 31 clinic operation and over 5,000 capitated lives Medicare operation. Created proforma financial statements related to practice opening, expansion, and provider staffing. Completed deep dive on capitation accounting resulting in over $3M additional bottom line profit. Successfully transitioned all finance functions to Corporate office and discontinued operation of Medicare organization. Completed productivity analysis, budgeting, CPC+ applications, rural health clinic work, MIPS and MACRA. -
Chief Financial OfficerInterdent Jun 2014 - Feb 2016Inglewood, Ca, UsAs CFO, I oversee the entire accounting function for InterDent, a $350M dental practice management company with 3,000+ employees across 182 retail locations. Our network delivers comprehensive dentistry to over 1 million patients annually – brands include, but not limited to Gentle Dental, Dedicated Dental and Capitol Dental. I directly oversee the accounting department of 20+ professionals with an annual budget of $4M. Notable achievements in this position to date include: ► Sell-side due diligence and financial preparation for PE sale of business – built confidence level among numerous potential buyers, serving as primary representative. Completed management presentations, dividend recapitalization, five-year plan, and Quality of Earnings reporting.► Secured and integrated 6 acquisitions with 11 dental practices, while opening 6 new retail locations. Managed acquisition finance due diligence team, new store growth strategy, and post closing integration. ► Successfully completed year-end audit during sales process, reducing material weaknesses from 7 to 1 in first six months.**** Specialties: - Accounting Information Systems - Strategy and Vision Planning - Employee Retention - SEC reporting - Acquisitions - Audit & Compliance - Budget Analysis/ Financial Forecasting - Internal Controls and Risk Mitigation - Tax Planning - Credit Instruments- Sell-Side Due Diligence in PE Sale -
Chief Financial OfficerCorvel Corporation 2005 - Jun 2014Irvine, Ca, UsSuccessful 18-year progression within CorVel, an industry-leading provider of workers’ compensation solutions and managed care services, (NASDAQ: CRVL), growing from $100M to a record $429M in revenue. Managed enterprise-wide accounting system and operations, Treasury Services, tax accounting, and SEC compliance, with an annual budget of $4.2M. Oversaw entire accounting function. Notable achievements in this position include:► Instrumental in the development and implementation of strategic/ tactical plans of new Third Party Administrator (TPA) service. Grew TPA revenue from $0 to $125M in 5 years.► Owned all hardware decisions regarding accounting applications. Reduced Days Sales Outstanding (DSO) by 7 days and accelerated cash flow by $8.5M through the addition of automated cash application tools and the implementation of customer conversations technology in A/R. ► Performed the financial due diligence on over 8 potential acquisition candidates, and completed 5 acquisitions with initial revenues of $30M, generating 150% growth and positive cash flow. ► Successfully integrated 9 acquisitions into strategic TPA business initiative, providing $150M in revenues and accretive earnings.► Oversaw processing of $1B in customer funds annually, generating $13M service revenues, and maintained high-profit margin YOY for 7 years. ► Overturned pre-existing disclaimer opinion on the company’s SOX audit, including 17 material weaknesses, into a clean SOX opinion with no significant deficiencies. **** Strong knowledge of the Healthcare/ Workers Compensation industry including medical billing, PPO’s, Medical Bill Review, case management, TPA services, claims, pharmacy and other ancillary services like DME (Durable Medical Equipment), IME (Independent Medical Exam), radiology, scheduling, transcription, and transportation. -
Financial ControllerCorvel Corporation 1998 - 2005Irvine, Ca, Us -
Assistant ControllerCorvel Corporation 1995 - 1998Irvine, Ca, Us -
Director, Accounting Information SystemsVerifone 1992 - 1994New York, Ny, UsManaged entire accounting information system for a $250M company, and served as the development and functional expert for a team of 6 direct reports. Coordinated system-related audit activities, implemented accounting system and customized lease tracking applications, and completed end-user analysis, development, configuration, implementation, testing and training. -
Accounting ManagerBudget Rent-A-Car 1989 - 1992Automated and managed all accounting activities related to the $30 Million vehicle fleet.
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Staff AccountantCoopers & Lybrand Consulting 1988 - 1989Completed individual and corporate tax returns.
Scott Mccloud Skills
Scott Mccloud Education Details
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Portland State UniversityAccounting
Frequently Asked Questions about Scott Mccloud
What company does Scott Mccloud work for?
Scott Mccloud works for Folium Farms
What is Scott Mccloud's role at the current company?
Scott Mccloud's current role is Senior Finance Executive, CPA, CGMA.
What is Scott Mccloud's email address?
Scott Mccloud's email address is sc****@****vel.com
What is Scott Mccloud's direct phone number?
Scott Mccloud's direct phone number is +131076*****
What schools did Scott Mccloud attend?
Scott Mccloud attended Portland State University.
What skills is Scott Mccloud known for?
Scott Mccloud has skills like Sarbanes Oxley Act, Accounting, Financial Reporting, Financial Statements, Internal Controls, Auditing, General Ledger, Financial Analysis, Gaap, Corporate Finance, Managerial Finance, Tax Accounting.
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