Derek Francis is an accomplished finance professional with over 15 years of diverse experience in the healthcare industry. As the Director of Finance at Hospice of Wichita Falls, he oversees all financial operations, including budgeting, financial reporting, and strategic planning. With a strong background in accounting, financial analysis, and leadership, Derek is instrumental in driving the organization's financial success and ensuring effective resource allocation.
Experience Summary
Current Role
As the Director of Finance at Hospice of Wichita Falls, Derek is responsible for managing the organization's financial affairs, including budgeting, forecasting, and reporting. He has played a crucial role in implementing cost-saving measures that have resulted in a 12% reduction in operational expenses over the past three years. Under his leadership, the finance department has streamlined processes and implemented new technologies, improving efficiency and data-driven decision-making. Derek's strategic approach and attention to detail have been instrumental in securing the organization's financial stability and enabling it to continue providing high-quality hospice care to the community.
Career Progression
Prior to his current role, Derek served as a Staff Accountant at Welch, Sanders & Associates, LLP, where he gained valuable experience in financial reporting, auditing, and client management. Before transitioning to the accounting field, he held the position of Store Manager at US Cellular, where he honed his leadership and customer service skills. Derek's diverse background has equipped him with a well-rounded understanding of business operations, which he applies to his work in the healthcare industry.
Academic Background
Derek holds a Bachelor of Science in Accounting from the University of Texas at Austin. He is a Certified Public Accountant (CPA) and has completed additional coursework in healthcare finance and management, further strengthening his expertise in the industry.
Areas of Expertise
- Financial reporting and analysis
- Budgeting and forecasting
- Cost management and optimization
- Financial systems implementation and integration
- Strategic planning and decision-making
- Team leadership and collaboration
Professional Impact
During his tenure at Hospice of Wichita Falls, Derek has played a pivotal role in driving the organization's financial performance. He has spearheaded the implementation of a new financial reporting system, which has improved data accuracy and enabled more informed decision-making. Additionally, Derek has overseen the development of a comprehensive five-year strategic plan, aligning the organization's financial goals with its long-term vision and objectives.
Conclusion
With his extensive experience in finance, healthcare, and leadership, Derek Francis is poised to continue his positive impact on Hospice of Wichita Falls. His strategic mindset, financial acumen, and commitment to excellence make him a valuable asset to the organization as it navigates the evolving healthcare landscape and strives to provide exceptional care to the community.