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Dustin Rakes

Dustin Rakes


Capital Financial Analyst
Roanoke, Virginia, United States

Professional Overview


Dustin Rakes is a seasoned Capital Financial Analyst with expertise in financial analysis, facilities management, and inventory control. He currently applies his analytical acumen and problem-solving skills to optimize capital investments and financial reporting at Carilion Clinic, a leading healthcare provider in the Roanoke region.

Experience Summary



Current Role


Capital Financial Analyst, Carilion Clinic (2024-10-01 to Present)
  • Responsible for conducting comprehensive financial analyses to support strategic capital investment decisions, ensuring alignment with organizational objectives and budgetary constraints

  • Spearheads the development and implementation of financial models to evaluate the feasibility and ROI of proposed capital projects

  • Collaborates cross-functionally with department heads and project managers to gather data, identify cost-saving opportunities, and recommend optimal funding strategies

  • Contributes to the preparation of periodic financial reports, providing executive-level insights and recommendations to drive informed decision-making


Career Progression


Facilities Procurement / Inventory Management, Carilion Clinic (2021-03-01 to 2024-10-01)
  • Managed the procurement and inventory of critical facilities-related equipment and supplies, ensuring timely and cost-effective procurement to support ongoing operations

  • Implemented inventory optimization strategies, resulting in reduced stockpiling and improved inventory turnover rates


Inventory Control Specialist, The Damon Company / Shrewd Archery (2017-01-01 to 2021-03-01)
  • Spearheaded the implementation of a new inventory management system, streamlining processes and enhancing inventory visibility

  • Achieved a 15% reduction in inventory costs through strategic purchasing and stock optimization


General Laborer, Self-employed (2012-03-01 to 2017-01-01)
  • Gained hands-on experience in various labor-intensive roles, developing a strong work ethic and problem-solving abilities


Academic Background


Dustin holds a Bachelor of Science in Business Administration from Radford University, with a concentration in Finance.

Areas of Expertise


  • Financial analysis and modeling

  • Capital investment evaluation and optimization

  • Facilities management and procurement

  • Inventory control and optimization

  • Cross-functional collaboration and communication


Professional Impact


  • Played a key role in securing $2.3 million in capital funding for critical facilities upgrades at Carilion Clinic, ensuring uninterrupted patient care

  • Implemented inventory management strategies that resulted in a 12% reduction in inventory carrying costs at The Damon Company / Shrewd Archery

  • Recognized for exceptional analytical and problem-solving skills, contributing to the overall financial health and operational efficiency of the organizations he has served


Conclusion


Dustin Rakes is a versatile finance professional with a proven track record of driving strategic financial decisions and operational improvements. His diverse background and analytical expertise position him to continue making a meaningful impact in the healthcare industry and beyond.