Fransiska Savage
Finance Director, Cleveland Clinic
Professional Overview
Fransiska Savage is an accomplished finance executive with over a decade of experience driving financial strategy and operational excellence in the healthcare industry. As the Finance Director at the prestigious Cleveland Clinic, she leverages her exceptional analytical skills, strategic mindset, and collaborative leadership to optimize financial performance and support the organization's mission of providing world-class patient care.
Experience Summary
Current Role
As the Finance Director at Cleveland Clinic, Fransiska is responsible for overseeing all financial aspects of the organization's operations. She develops and implements comprehensive financial plans, manages budgeting and forecasting processes, and provides strategic guidance to senior leadership. Under her leadership, the finance department has achieved significant cost savings and revenue enhancements, contributing to the organization's financial stability and growth.
Career Progression
Fransiska's career journey has been marked by a steady rise through the ranks at Cleveland Clinic. She joined the organization in 2016 as a Finance Manager, where she demonstrated her ability to drive process improvements and streamline financial reporting. Her strong performance led to a promotion to Assistant Finance Director in 2020, and in 2021, she was appointed to her current role as Finance Director, underscoring her valuable contributions and leadership capabilities.
Prior to her tenure at Cleveland Clinic, Fransiska gained valuable experience as a Finance Intern at Sherwin Williams and a Financial Representative Intern at Northwestern Mutual, where she honed her financial analysis and client-facing skills.
Academic Background
Fransiska holds a Bachelor of Science in Finance from the University of Akron, where she graduated cum laude. Her academic achievements and specialized finance education have equipped her with a solid foundation to excel in her professional endeavors.
Areas of Expertise
- Financial planning and analysis
- Budgeting and forecasting
- Financial reporting and control
- Strategic decision-making
- Process optimization and change management
- Cross-functional collaboration and stakeholder management
Professional Impact
During her time as Finance Director, Fransiska has spearheaded several transformative initiatives that have had a significant impact on the Cleveland Clinic's financial performance. Notable achievements include:
- Implemented a new enterprise resource planning (ERP) system, resulting in a 25% reduction in financial close time and a 15% improvement in data accuracy.
- Developed a comprehensive financial dashboard that enabled real-time visibility into key performance indicators, leading to a 20% increase in operational efficiency.
- Chaired a cross-functional task force that identified and addressed $8.2 million in cost-saving opportunities, contributing to the organization's overall profitability.
Conclusion
Fransiska Savage is a highly respected finance leader with a proven track record of driving financial excellence and supporting the strategic objectives of the organizations she serves. Her deep expertise, innovative mindset, and collaborative approach position her as a valuable asset to the Cleveland Clinic, where she continues to make a meaningful impact on the organization's financial well-being and its ability to deliver exceptional healthcare services.
