Nazima M: in Vail

Nazima M

Vail | United States
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Work experience
Image Claiborne Senior Living

Claiborne Senior Living

Chief Financial Officer | 01/2022 - 09/2022

Oversaw all aspects of financial and operational strategy and management for a company that operates ten senior living facilities located in South Carolina, Georgia, Mississippi, and Louisiana • As a member of the Executive Committee, collaborated with owners and senior leadership to design and implement strategies to improve operations and financial performance; Developed long-term plans to sustain growth • Directed accounting and finance department, including budget audit functions, preparation of all financial statements, including income statements, balance sheets, stakeholder reports, tax returns, and governmental agency reports • Audit accounting and operations performance; Developed new processes to improve efficiencies; Developed training for AR/AP, human resources, and payroll; Oversaw revisions to the HR and AR/AP manuals • Evaluated employees' and residents' experiences of the business office; Developed and implemented policies that improved employee and resident retention, including recruiting, onboarding, and benefits, as well as strengthening communications channels and instituting convenient payment methods • Lead continuous improvement initiatives, streamlining and integrating accounting, insurance, benefits, and taxes; Standardized accounting policies, procedures, and internal controls, developing high-performing accounting teams through training and mentoring • Implemented KPIs and scorecards; Analyzed metrics to identify trends and opportunities for improvement • Coordinated communications with a geographically dispersed executive team and regional directors, as well as with business office directors in each building, fostering leadership cohesion and teamwork
Image Senior Living Residences

Senior Living Residences

Director/CFO | 09/2019 - 12/2021

Oversaw all accounting and financial reporting functions for a portfolio of senior living property management services including independent, assisted living, and memory care facilities, with $95M in annual revenues • Collaborated with the executive management team in strategic and operational decision making; Advised management team on short- and long-term financial objectives and policies • Oversaw all aspects of corporate and property accounting, including properties with residents who receive low- income tax credits, GAFC, and Pace program benefits • Collaborated with directors of capital management, revenue, budgets, IT & marketing, compliance, construction and asset management, sales, and food service as well as property accountants and AP/AR coordinators NM • Worked with the client management team, managing multiple client engagements, building strong relationships with for-profit management groups and nonprofit boards of directors and finance committees • Partnered with client leadership on financial analysis, projections, and revenue/expense analysis • Coordinated audits and oversaw preparation of financial reports for clients, regulatory agencies, and boards of directors and finance committees, as well as investment advisors and bankers • Managed benefits and payroll; Collaborated with the revenue and budget director for forecasting; Developed internal controls for cash management and accounting • Led implementation of Paycom, Payroll and HR business system; Collaborated with implementation team for Assisted Living Intelligent Solutions, the AR sub-ledger • Performed all due diligence for deals, working with buyers, sellers, and management team to forecast expenses associated with ramping up new operations • Problem solved the implementation of new infrastructure such as payroll services, billing and resident data, and technology services for new management agreements • Hired, trained, and managed an accounting team of nine as well as business office directors, fostering a culture of cross-training, staff development, communication, and detail-driven fiscal management • Key accomplishments include: o Created a new position for an analytical AR coordinator to improve AR culture; Reduced outstanding receivables by 75%; Rolled out a new process in Yardi to track expenses for bill backs o Implemented a self-assessment review system to measure employee engagement and collect feedback for operational improvements o Served on the DEI Committee to foster a culture of inclusivity and awareness
Image National Fire Protection Association

National Fire Protection Association

Director, Accounting & Taxation | 10/2017 - 09/2019

Image Precision Advisors

Precision Advisors

Controller | 04/2011 - 05/2014

Oversaw accounting operations for a global strategy consulting firm for healthcare, biotech, medical devices, diagnostics, therapeutics, and nutrition and wellness companies • Provided financial analyses for cash flow, profitability optimization, pricing decisions, and contract negotiations • Collaborated with management team leads to create the annual operating budget; Calculated and reported variances; Managed the month-end close process; Issued monthly financial statements for senior management • Designed, implemented, and documented accounting policies and procedures; Managed tax preparation and audit vendors; Oversaw transaction processing systems, maintaining controls over accounting transactions • Key accomplishments include: o Created and maintained a budget package to improve revenue and expense tracking; Implemented and administered time- and expense-keeping system o Implemented firm-wide payroll frequency change to ensure compliance with DOL, Managed firm bank change and line of credit o Coordinated due diligence requests; Supported human resources as a member of the hiring committee
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