Robert Bair Email & Phone Number

Perrysburg, Oh, Us

Perrysburg, Oh, Us

Toledo, Oh

Haviland, Oh

Responsibilites:Managed a staff of 6 people in the finance department, including financial reporting, general ledger, human resources/payroll, and accounts payable. Assisted in overseeing central billing office, comprised of 60+ employees. Prepared annual budgets for all clinics as well as regional and corporate cost centers.Prepared and interpreted monthly analysis for operations for regional vice-presidents.Prepared quarterly reports for communicating operating results to the Board of Directors.Managed all aspects of the annual audit, working directly with the external auditors and internal accounting staff.Accounting & Reporting:Researched and implemented the full accounting system in CORA's second year of existence.Accounting system was streamlined from the beginning to avoid unnecessary overhead costs.Implemented a dynamic internal monthly reporting package, which was also used for ad hoc analysis.Designed a budget model in Excel used for developing annual budget and long term forecasting.Billing and Reimbursement:Assisted Information Technology and in design and implementation of in house billing and receivable management system. Monitored accounts receivable and collections on a monthly basis. Identified billing and reimbursement issues with payors through analysis of accounts receivable and cash collections. Cash Management:In 2007 to 2009, through work with central billing office and accounts payable, managed the cash position of the company from a non-surplus situation to a $2.5 million cash surplus, while repaying $2 million of long and short term debt. Monitored cash balances on a daily basis to ensure cash was available for operational and debt servicing needs.Prepared periodic cash forecasts in conjunction with the annual budget process.During lean cash times, worked with vendors to arrange payment terms satisfactory to them while still allowing sufficient cash balances for payroll and debt service.

Responsibilities:Managed all accounting functions for 10 subacute nursing facilities.Assured timeliness and accuracy of monthly financial statements as prepared by the regional accounting staff.Assisted Divisional and Regional Vice President of Operations with analysis of monthly center performancePrepared annual budgets for 10 nursing facilitiesAccounting and Reimbursement: Led a task force with the purpose of reducing month end closing at the center level. The task force was successful in reducing the time to close at the center level by 3 days.Managed or participated on due diligence teams that led to successful acquisitions of a medical supply company, 2 outpatient rehabilitation facilities, and a leased nursing home.Managed the conversion of the above mentioned acquired facilities into Arbor's accounting system.Obtained knowledge of reimbursement principles and strategies through review of monthly cost findings and annual cost reports. Operations:Prepared and interpreted monthly variance reports for Divisional and Regional Vice Presidents of Operations by identifying areas where corrective actions could be taken to make the transition from a Medicare cost driven model to a Managed Care margin driven model.Participated in a task force that designed and implemented a Weekly Profit and Loss Statement that provided the status of key indicators of profitability to the Divisional VPs, Regional VPs, and administrators. Information Technologies:Worked with IT analysts and programmers to select new payroll, payables, purchase order, and general ledger systems to be used by Arbor.Supervised the successful implementation of the new purchase order and payables systems within the facilities in my region.Worked with IT analysts and programmers to develop and implement various management tools to assist administrators in operating their facility on a daily basis.

Preparation of monthly financial statements.Supervised daily activities of the accounting staff.Completed various monthly tax compliance filings.All aspects of the annual audit.

Preparation of monthly financial statementsDaily review of accounts receivable, accounts payable and job costing data. Completed various monthly tax compliance filings.Updated standard costs for use in job costing system.

Supervised audit and review engagements that included a staff of one to four audit personnel.Prepared financial statements (or reviewed if prepared by client or audit staff) and management letters for client use.Lead senior on two initial public offerings during my final year at Ernst & Young.Industry experience included health care, manufacturing, construction and retail.

Assisted audit seniors on audit and review engagements.Assisted in preparation of financial statements and management letters.

Education record

Bsba, Business Administration