John Baio

Sr. Manager, Accounts Payable Shared Services at Boncura Health Solutions
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Location
Greater Chicago Area, US

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Experience

    • United States
    • Hospitals and Health Care
    • 1 - 100 Employee
    • Sr. Manager, Accounts Payable Shared Services
      • Aug 2018 - Present

      Sr. Manager, Accounts Payable Shared Services, 2018 – Present• Oversees shared services for all AP activities, T&E, 1099’s, and reconciliations• Guides an 7-member AP accounting team• Manages over $950M+ payments annually with over 4K suppliers and customers• Installed virtual payables credit card payment system/process generating $500K annual revenue• Implemented strong AP internal control review program and improved KPI reporting• Led launch of Microsoft Dynamics D365 AP/Expense Reimbursement modules. Results include automation of various AP functions using OCR and EDI technology• Outsourced 1099 print/mail functions • Partnered with Supply Chain to optimize procurement and AP processes

    • Canada
    • Software Development
    • Senior Manager, Accounting Operations: Budget, Billing/Collection, AR/AP, Audit, Internal Controls
      • Dec 1997 - Aug 2018

      Senior Manager, Accounting Operations, 2011-Present• Supervise accounts receivable, accounts payable, customer remittances, billing, payments and reconciliations.• Direct and motivate 31 employees.• Manage $520M+ in collections and $840M in disbursements annually. • Oversee $22M multiyear operating budget for insurance forecasting, variance reporting and expense reduction. • Develop, enhance and maintain financial technology systems including SAP, MAS90 and Renaissance.• Introduced the SAP Collections & Disbursement module, an innovative new strategic finance system. • Collaborate with new digital business partners to roll out customer payment remittance solutions.• Led installation of a virtual claim credit card product which increased controls and reduced payment fraud.• Manages internal control program and testing.Manager, Accounting Operations, 2006-2011• Managed cash remittances, receivables, payables and general ledger reporting.• Managed and developed 15 staff members.• Saved $120K annually by outsourcing check printing.• Oversaw expense forecasting and variance analysis.• Led control enhancements across financial systems and improved customer invoicing and collections processes.• Drove consolidation of accounting functions at multiple office locations.• Improved security controls for user access of the financial system.Manager, Operations, 1997-2006• Mentored and coached a staff of seven.• Strengthened compliance for internal controls, quality assurance, business continuity and training.• Reduced claim costs by researching and publishing analytical best practices used for enhancing operational efficiency.• Enhanced business continuity and disaster recovery program. • Installed quality assurance system to automate voice and data capture and scoring of customer phone calls. • Implemented Communico’s MAGIC program for training staff in customer service standards.• Revamped employee training geared toward increasing staff proficiency.

    • United States
    • Insurance
    • 700 & Above Employee
    • Senior Manager, Treasury Operations, Investment Accounting
      • 1984 - 1997

      CNA is a leader in commercial property and casualty insurance with a focus on organizations in construction, finance, health care, manufacturing, professional services, real estate, small business and technology with a broad range of products, risk control and customer claim services.Senior Manager, Treasury Operations, 1990-1997• Directed treasury, cash management, forecasting, remittances, abandoned property, reporting and general ledger reconciliation for 1K+ bank accounts.• Supervised and mentored 29 employees.• Saved $80K+ in labor costs by installing an unclaimed funds system that automated tracking and reporting of abandoned property.• Implemented cash management solutions for multiple business units. • Created ACH application that automated disbursement of commissions, payroll and employee T&E costs.• Managed data conversion and decommissioning of several sub-ledger accounting systems inherited via acquisitions.• Automated interfaces between PeopleSoft GL and treasury applications.

Education

  • DePaul University
    Bachelor of Science (BS), Accounting
    -

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