Michael Witmer
Chief Financial Officer - Deco Business @Elevate Patient Financial Solutions®
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WORK HISTORY
Chief Financial Officer - Deco Business @Elevate Patient Financial Solutions®
Full financial responsibility of privately held company offering health services to hospitals. o Lead a team of 30+ employees responsible for general accounting, billing and call center activities. o Created a customer profitability analysis and reporting structure used to drive key business decisions o Restructured chart of accounts to support improved business analytics and reporting. o Led operational efficiency project resulting in a savings of ~$200K without compromising quality or output for a call center team. o Developed a fully integrated forecasting model which incorporated customer profitability as well as the typical P&L and balance sheet accounts. o Evaluated supplier relationships resulting in numerous renegotiated contracts and termination of services. o Implemented CONCUR travel system. o Key team member in structuring customer contracts/proposals to drive favorable business terms. o Redesigned compensation plan for associates that focused on controllable activities within their control and also improved corporate profitability. o Lead accounts receivable team meetings focused on customer collections which contributed to a reduction of $1M in working capital requirements.
EDUCATION
Stockton University
BA, Finance
SKILLS
ABOUT MICHAEL WITMER
Diversified Work Experience: Manufacturing - Full P&L responsibility for a $25M…
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