MRussell resume v2015

Mark C. Russell

2012 Pacific Child & Family Associates, LLC Glendale, CA

Chief Financial Officer

Experienced member of executive management team operating a national, private equity sponsored, for profit behavioral health organization servicing families with children on the Autism Spectrum Disorder.

Extensive strategic planning with Private Equity sponsors, Board of Directors and

CEO to guide all business operations focusing on expansion and increasing

caseload, billable hours, productivity, service offerings, profitability and enterprise

valuation.

Extensive development of insurance contracting, intake, billing and collections

department as payer mix shifted to commercial insurance plans from school

districts and government funded Regional Centers. Directly oversee accounts

receivable department and migrated from monthly and bi-monthly batch billing to

daily and weekly billing to qualifying funding sources. Established controls and

procedures to ensure compliance with all funding source requisites were met and

revenue cycle management was optimized.

Directly manage the Accounting, IT, Intake, Credentialing/contracting and Human

Resources departments. Created detailed fiscal budgets, KPI dashboards for all

business segments, balanced scorecards, revamped and standardized

accounting policies / procedures for consistent operational and financial reporting.

Cut monthly closing cycle from (15) to (7) days. Established sequel based

dashboard for weekly interface with CEO and all regional Clinical Directors on

real-time key operational metrics.

Negotiated credit restructuring with new lender and manage all treasury functions.

Extensive due diligence of acquisitions; integration of acquired operations and de

novo expansion into new markets.

Direct oversight of annual financial audit, all corporate tax filings and all funding

source audits.

Provide in-depth financial review and preparation of balanced scorecards for all

monthly operational reviews and presented financials with management

discussion and analysis at all quarterly Board of Director meetings.

2003 2012 Modern HEALTHcare, Inc. Monrovia, CA

Executive Vice President and Chief Financial Officer

Experienced member of executive management team operating a privately held, profitable, regional specialized pharmacy operation with four operating segments. Nine year revenue growth of 250% with annual revenues exceeding $152MM in 2011.

Significant Achievements:

Launched the development, piloting and implementation of the A/R Program for

improved accounts receivable collections, recordkeeping and reporting. Major

breakthrough permitting audited financials and increased bank financing

opportunities. Enlisted offshore programming and Moderns copy written AR

Program in 2010 is a multi-faceted ERP platform augmenting QS1 Pharmacy

software enabling sustained profitable growth over the last eight years.

La Canada, CA 91011 Russell-Mark@sbcglobal.net https://www.linkedin.com/in/markrussell8

(818) 359-2805 cell

Experience

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MRussell resume v2015

Extensive financial due diligence of potential acquisitions and integration of

operations and reporting functions of acquired businesses.

Extensive strategic planning and collaboration with CEO and President to guide all

business segments to capture opportunities in the Companys niche markets and

increase profitability.

Continuous interaction with the EVP/COO to support tactical execution of strategic

plan and assist in business development opportunities.

Negotiate significant vendor contracts with national drug wholesalers,

manufacturers and payers.

Directly manage the Accounting team of (6) people - Created detailed fiscal

budgets for all business segments, standardized accounting policies / procedures

for improved operational and financial reporting, initiated monthly closings, full

scope quarterly physicals of drug inventories, improved treasury function with daily

cash sweeps, created dashboard development of key financial metrics for senior

management and replaced / upgraded accounting personnel to gain increased

competency.

Directly manage one highly profitable business segment within the Company and

implemented several profitable programs capturing opportunities created through

legislative changes.

Directly manage Human Resource Manager and HR department supporting work

force of approximately (300) employees in multiple locations.

19932003 HCC Industries Inc. Rosemead, CA

Director of Finance

Experienced member of an executive management team operating a multi-location

mid-market electronic component manufacturer with revenues of ~$100MM.

Complete SEC reporting responsibilities Form 8K, 10Q and 10K

Co-authored Recapitalization with Sr. Subordinated Notes Offering and S-4 Filing

Consult with Board of Directors on development and implementation of strategic plan

Consult with equity partners on M&A opportunities

Strategic M&A analysis, due diligence and development of enterprise valuation models

Manage banking, credit lines and investment activities

Co-manage investor and credit agency relations Moodys and S&P reviews

Extensive taxation analysis and federal/state tax audit experience

Primary interface with auditors on quarterly reviews and annual audit

Extensive development of annual budgets, forecasts and variance analyses

Oversight of all legal matters, employee benefits and risk management

Co-managed ERP system selection and conversion from Y2K legacy system to Epicor

Extensive interface with IT department on cost accounting implementation

EPA Superfund experience through Operable Units planning and operations

Directly hired, trained and supervised corporate accounting and human resource staff

of (14) supporting a work force of over (800) employees in multiple states.

19901993 Clothes Out Stores, Inc. Santa Monica, CA

Chief Financial Officer

Assisted in development of business plan and creation of (16) retail stores

Implemented computer accounting system (Sage ACCPAC) for multiple locations

Supervision of accounting, purchasing/receiving and warehouse operations

Negotiated new store leases, bridge financing, and administrative contracts

Facilitated de-facto liquidation and business closure

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MRussell resume v2015

19861990 Deloitte & Touche Los Angeles, CA

Senior Auditor

Extensive auditing experience of SEC clients with emphasis in real estate,

manufacturing and financial institutions

Active and progressive involvement in firm recruiting

University of Southern California 1986 Bachelor of Science, Business Administration

Certified Public Accountant (Inactive) 1990

Education