John Frain
Vice President – Financial Operations, Weill Cornell Medicine
Professional Overview
John Frain is a seasoned financial operations executive with over 15 years of experience driving strategic initiatives and optimizing business performance across diverse industries. As the Vice President of Financial Operations at Weill Cornell Medicine, he leads a team responsible for the effective management of the organization's financial activities, including budgeting, forecasting, and cost control.
Experience Summary
Current Role
As Vice President of Financial Operations at Weill Cornell Medicine, John is responsible for overseeing the organization's financial operations, including budgeting, forecasting, and cost control. He has implemented data-driven strategies that have improved financial visibility, reduced operational costs, and enhanced overall organizational efficiency. Under his leadership, the finance team has achieved significant cost savings while maintaining high levels of service and support for the institution's clinical, research, and educational activities.
Career Progression
Prior to his current role, John held several key finance and operations positions, including Director of Operations at Long Island University, Chief Procurement Officer at Merisel Inc, Senior Finance Manager – Pricing & Revenue Management at Purolator USA, and Finance and Operations Project Manager at IBM. In these roles, he demonstrated a strong track record of driving process improvements, optimizing resource allocation, and implementing innovative solutions to complex business challenges.
Academic Background
John holds a Bachelor of Science degree in Finance from the University of Pennsylvania, where he graduated with distinction.
Areas of Expertise
- Financial operations management
- Budgeting and forecasting
- Cost control and optimization
- Process improvement and streamlining
- Strategic planning and execution
- Cross-functional collaboration and team leadership
Professional Impact
During his tenure at Weill Cornell Medicine, John has spearheaded several high-impact initiatives, including the implementation of a comprehensive financial reporting system that has enhanced data-driven decision-making, and the optimization of procurement processes that have resulted in over $2 million in annual cost savings. He is a respected industry leader, regularly contributing to professional conferences and publications on topics related to financial operations and organizational efficiency.
Conclusion
With his deep expertise in financial operations, strategic planning, and process optimization, John Frain is poised to continue driving innovative solutions and delivering measurable results for Weill Cornell Medicine and the broader healthcare industry.
