Todd Davis
Controller Thrive Services, LLC at Presbyterian Senior Living- Claim this Profile
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Bio
Experience
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Presbyterian Senior Living
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United States
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Hospitals and Health Care
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200 - 300 Employee
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Controller Thrive Services, LLC
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Mar 2023 - Present
Dillsburg, Pennsylvania, United States
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Quantum Imaging & Therapeutic Associates, Inc
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United States
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Hospitals and Health Care
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1 - 100 Employee
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Controller / Director of Finance
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Nov 2020 - Mar 2023
Lewisberry, Pennsylvania, United States
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United Zion Retirement Community
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United States
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Hospitals and Health Care
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1 - 100 Employee
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Director of Finance
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May 2020 - Oct 2020
Lititz, Pennsylvania, United States * Oversight of Financial Operations of Long Term Care Facility * Work with Corporate Leadership to develop short, mid, and long term financial plans * Analyze and Improve financial management systems, ensuring alignment with corporate strategies and tactics. * Develop Annual Operations and Capital Budget for Organization * Prepare and Analyze Monthly and Quarterly Financial Statements * Manage Bond Compliance requirements including Debt Covenants and external… Show more * Oversight of Financial Operations of Long Term Care Facility * Work with Corporate Leadership to develop short, mid, and long term financial plans * Analyze and Improve financial management systems, ensuring alignment with corporate strategies and tactics. * Develop Annual Operations and Capital Budget for Organization * Prepare and Analyze Monthly and Quarterly Financial Statements * Manage Bond Compliance requirements including Debt Covenants and external reporting. * Oversight of month end accounting processes including A/R, A/P, Fixed Assets, Payroll, and Investments. * Pro-actively manage relationships with Internal Leadership and External Partners * Present Financial results to the CFO and Board of Directors.
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Accounting Manager
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Jan 2020 - Apr 2020
Lititz, Pennsylvania, United States * Oversee Bank deposits and postings to the General Ledger * Assist in preparation of Financial Statements and Management Reports * Review, Prepare. and Load payroll files to the General Ledger * Reconciliations of Bank and Investment Accounts * Maintain Fixed Asset Management System and Depreciation Schedules * Assist with audits, tax returns, and cost reports * Manage Billing, A/R and A/P processes.
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RITE AID
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Retail
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700 & Above Employee
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Sr. Director of Third Party Operations
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Apr 2012 - May 2019
Directed multiple departments including Claim Adjudication / Billing, Pharmacy Help Desk, Accounts Receivable Management and Accounts Payable Management, Claim Corrections, Third Party Accounting, as well as an external department located in Houston TX dedicated to Medical Convenient Care Billing Analysis and Accounting. Ensured pharmacies were able to fill and properly bill 277 million prescriptions per year achieving less thana 21 day average Days Sales Outstanding, as well as… Show more Directed multiple departments including Claim Adjudication / Billing, Pharmacy Help Desk, Accounts Receivable Management and Accounts Payable Management, Claim Corrections, Third Party Accounting, as well as an external department located in Houston TX dedicated to Medical Convenient Care Billing Analysis and Accounting. Ensured pharmacies were able to fill and properly bill 277 million prescriptions per year achieving less thana 21 day average Days Sales Outstanding, as well as achieving only a .0078% write-off rate per year.
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Director, Third Party Accounting
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Jun 2008 - Apr 2012
Directed team responsible for planning and accounting responsibilities of corporation’s largest receivable (> $1 billion). Successfully Managed internal and external audits without any material findings or concerns. Supported Bank Funding by reporting liquidity to loan facilities and managing external bank audit needs.
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Sr. Manager Thrd Party Accounts Receivable
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Apr 2006 - Jun 2008
Managed team of 11 associates responsible for collections, remittance processing, and reporting of pharmacy Accounts Receivable. Reduced yearly bad debt expense by 24% by implementing collections strategies and working with industry partners to improve ongoing relationships and improve electronic data feeds.
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Manager Pharmacy Sales and GP Analysis
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Jan 2004 - Apr 2006
Planned, forecasted, and reported on pharmacy sales and gross profit for 3200 retail stores. Analyzed and communicated the financial impact of contractual reimbursement rate changes from benefit payers by working with pharmacy contract team on key contractual changes and developing useful financial impact models.
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Various Positions of increasing Responsibility - Eagle Managed Care and Rite Aid
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Apr 1994 - Dec 2004
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Education
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Elizabethtown College
Bachelor of Science - BS, Accounting -
Lock Haven University of Pennsylvania
Bachelor of Science - BS, Business Administration and Management, General