Tom Schroeder Email & Phone Number

• Established the internal audit department for this comprehensive, integrated health care system serving the residents of Chicago and suburban Cook County• Established a vision for internal audit by creating a multi-year strategic plan incorporating feedback from critical stakeholders (Board of Directors, senior leadership, and operating management)• Developed internal audit beyond traditional assurance services by providing extensive and broad-based consultative services• Deliver internal audit services utilizing an in-house staffing model• Completed and enterprise-wide assessment of critical organizational risks that serves as both a management tool for senior leadership and a foundation for internal audit work plans• Developed the capabilities of the internal audit function to support organizational growth, as the company expanded from a traditional provider of health care services to offering both provider-based services and a managed Medicaid health plan

• Served as project lead for Internal Control for Financial Reporting (industry version of Sarbanes-Oxley). Delivered the project plan, documentation, and testing on time and on budget.• Introduced COSO concepts and moved the audit process from transactional-based evaluation to a risk-based approach.• Expanded the focus of the audit function from operational-only auditing to include full-scope auditing of compliance, IT, and financial reporting. Employed an in-house staffing approach. • Successfully introduced process mapping as an audit tool. Positive feedback within company encouraged multiple business areas to contact our department for assistance with process reengineering, utilizing the process mapping tool.• Streamlined and improved the effectiveness of reporting to the Audit Committee.• Developed key metrics for our department based on a balanced scorecard approach.• Significantly improved internal audit staff retention.• Completed an external quality assessment of the internal audit function; received the highest rating.

• Identified and resolved pricing and cost problems in a line of business.• Identified and corrected numerous accounting irregularities at a foreign subsidiary.• Increased branch audit coverage by 50%.• Increased branch operating and financial policy compliance from 80% to over 90%.• Identified deviations from standards at administrative/employment centers and developed process improvements; intangible results included improvements in responsiveness to customer needs, employee retention, training efficiencies, and job quality.• Managed due diligence activities and integration of four acquisitions.• Developed and implemented new expense policies and cut department expenses by 15% ($120,000 per annum).

• Restructured $600 million debt portfolio subsequent to IPO; covered revolving credit, letters of credit, and public senior and subordinated debt.• Set up $120 million accounts receivable financing, including bank conduits and term notes.• Issued $200 million bank term loan.• Developed models and created processes for long-term strategic financial plans, monthly cash flow forecasts, and a consolidated annual budget.• Managed $60 million annual capital spending program.• Screened and evaluated acquisition candidates.• Oversaw $200 million in defined contribution plan and defined benefit plan assets.

Greater Chicago Area

• Supported treasury department’s issuance and maintenance of debt securities, revolving lines of credit, equity securities, and sales and leaseback transactions for transportation equipment• Oversaw development of strategy and management of defined benefit plan assets

Greater Chicago Area

• Performed financial valuations on potential acquisition targets• Completed and updated strategic plans for major business units• Completed annual budgets and rolling forecasts for business unit profit and loss and balance sheets

Greater Chicago Area

• Completed annual budgets and rolling forecasts for business unit profit and loss and balance sheets• Built financial models to support the budget and profit planning process

Greater Chicago Area

• Performed the cash management function• Completed cost analysis and projections for significant employee benefit plans• Completed analysis and repurchase activities for corporate-issued debt securities

Greater Chicago Area

• Gathered and analyzed information to support research activities of Department of Finance professors• Proctored and graded exams for Department of Finance professors

Mba

Activities and Societies: Graduated with Distinction, Delta Mu Delta (business student honorary), Graduate Research Assistant

Ba, Finance

Activities and Societies: • Dean's List