Professional Summary
Professional Overview
David Favaloro is the Director of Financial Accounting and Reporting at Ochsner Health, a leading healthcare provider in Louisiana. With over 10 years of experience in the financial services industry, he is a seasoned professional with a strong background in financial reporting, accounting, and audit.
Experience Summary
Current Role
As the Director of Financial Accounting and Reporting at Ochsner Health, David is responsible for overseeing the organization's financial reporting and accounting functions. He ensures the timely and accurate preparation of financial statements, while also leading a team of accounting professionals. Under his leadership, the finance department has implemented streamlined processes and improved the efficiency of financial reporting, contributing to the organization's overall financial health and transparency.
Career Progression
Prior to his current role, David held various positions at the global professional services firm EY. He progressed from an Audit Senior to a Financial Services Manager and ultimately a Financial Services Senior Manager, gaining valuable experience in financial auditing, compliance, and advisory services. During his tenure at EY, David worked with clients across diverse industries, including healthcare, and developed a deep understanding of financial best practices and regulatory requirements.
Academic Background
David holds a Bachelor of Science degree in Accounting from the University of Louisiana at Lafayette, where he graduated with distinction. He is a Certified Public Accountant (CPA) and a member of the American Institute of CPAs (AICPA), further demonstrating his commitment to professional development and adherence to industry standards.
Areas of Expertise
- Financial reporting and accounting
- Auditing and compliance
- Financial analysis and forecasting
- Process improvement and optimization
- Team leadership and management
Professional Impact
At Ochsner Health, David has played a pivotal role in enhancing the organization's financial reporting and accounting practices. He has implemented robust internal controls, streamlined financial reporting processes, and trained his team to ensure the timely and accurate preparation of financial statements. As a result, Ochsner Health has experienced improved financial transparency, enabling the organization to make more informed strategic decisions and strengthen its financial position.
Conclusion
With his extensive experience in the financial services industry and his proven track record of delivering exceptional results, David Favaloro is a valuable asset to Ochsner Health. His expertise in financial reporting, accounting, and audit, combined with his leadership skills, make him well-equipped to contribute to the continued success and growth of the organization.
