Averil Kane, Associate CFO
Professional Overview
Averil Kane is an accomplished financial executive with over 15 years of experience driving strategic initiatives and optimizing financial operations. As the Associate CFO at Cambridge Health Alliance, she leverages her expertise in healthcare finance, budgeting, and data analytics to enhance the organization's financial performance and support its mission of delivering exceptional patient care.
Experience Summary
Current Role
As the Associate CFO at Cambridge Health Alliance, Averil oversees the organization's financial planning, forecasting, and reporting functions. She collaborates closely with the CFO to develop and implement financial strategies that align with the healthcare system's long-term goals. Averil's key responsibilities include:
- Overseeing the preparation of monthly, quarterly, and annual financial statements, ensuring accuracy and timeliness
- Leading the development and optimization of the organization's budgeting and forecasting processes
- Analyzing financial data to identify cost-saving opportunities and revenue-generating initiatives
- Providing strategic financial guidance to the executive leadership team
- Spearheading the implementation of new financial systems and technologies to enhance operational efficiency
Under Averil's leadership, Cambridge Health Alliance has achieved a 20% increase in operating margins over the past three years, and the organization has been recognized for its financial transparency and accountability.
Career Progression
Prior to her current role, Averil served as the Director of Finance at a prominent regional healthcare network, where she played a pivotal role in the successful integration of two major hospital systems. Her early career was marked by various finance and accounting roles at leading healthcare organizations, during which she honed her skills in budgeting, reporting, and strategic financial analysis.
Academic Background
Averil holds a Master of Business Administration degree from the University of Massachusetts Amherst and a Bachelor of Science in Accounting from Bentley University. She is a Certified Public Accountant (CPA) and has completed executive leadership training programs at Harvard Business School.
Areas of Expertise
- Healthcare finance and accounting
- Financial planning and analysis
- Budgeting and forecasting
- Data-driven decision making
- Financial system implementation and optimization
- Cross-functional collaboration and stakeholder management
Professional Impact
Averil's contributions have been instrumental in driving financial stability and growth at Cambridge Health Alliance. Under her leadership, the organization has implemented a robust financial planning and analysis framework, resulting in improved budgeting accuracy and enhanced visibility into key performance metrics. Averil's expertise in data analytics has enabled the organization to identify cost-saving opportunities and optimize resource allocation, leading to a significant improvement in overall financial performance.
Conclusion
Averil Kane is a seasoned financial executive with a proven track record of driving strategic initiatives and optimizing financial operations in the healthcare industry. Her strong leadership, data-driven approach, and commitment to organizational success make her a valuable asset to Cambridge Health Alliance as it continues to navigate the evolving healthcare landscape.