Professional Summary
Professional Overview
Julie Lautt is an experienced finance executive with a proven track record of driving strategic financial initiatives and operational excellence. As the Chief Financial Officer at Avera Health, she oversees all aspects of the organization's financial management, including budgeting, forecasting, reporting, and capital planning. With her extensive industry expertise and leadership skills, Lautt plays a pivotal role in guiding Avera Health's financial strategy and ensuring the organization's long-term financial sustainability.
Experience Summary
Current Role
As the Chief Financial Officer at Avera Health since 2020, Lautt is responsible for directing the organization's overall financial operations and providing strategic financial guidance to the executive team. In this role, she has implemented robust financial control processes, streamlined reporting mechanisms, and spearheaded initiatives to optimize the organization's cost structure and maximize its financial performance. Under her leadership, Avera Health has achieved significant improvements in its financial stability and profitability.
Career Progression
Prior to her current role, Lautt served as the Vice President of Operational Finance at Avera Health, where she played a key role in driving operational efficiencies and improving financial reporting. Before that, she held the position of Senior Vice President of Finance and Chief Financial Officer at Avera McKennan, where she led the organization's financial transformation and oversaw a successful merger with Avera Health.
Lautt started her career as an Audit Manager at PwC, where she gained valuable experience in financial reporting, auditing, and risk management, which has proven invaluable in her subsequent leadership roles.
Academic Background
Lautt holds a Bachelor of Science degree in Accounting from the University of South Dakota. She is a Certified Public Accountant (CPA) and has participated in executive leadership programs to continuously enhance her strategic and managerial capabilities.
Areas of Expertise
- Financial planning and analysis
- Budgeting and forecasting
- Financial reporting and control
- Mergers and acquisitions
- Operational efficiency and cost optimization
- Strategic financial decision-making
- Healthcare industry financial management
Professional Impact
Throughout her career, Lautt has demonstrated her ability to drive tangible financial improvements and organizational transformation. At Avera Health, she has spearheaded the implementation of advanced financial reporting systems, which have enhanced the organization's data-driven decision-making and improved its overall financial performance. Lautt has also been instrumental in securing favorable financing arrangements and managing the organization's capital structure, enabling Avera Health to invest in critical infrastructure and technology initiatives.
Conclusion
With her extensive experience, strategic mindset, and proven track record of success, Julie Lautt is a respected finance leader in the healthcare industry. In her role as Chief Financial Officer at Avera Health, she continues to play a pivotal role in driving the organization's financial stability and long-term growth, positioning it for continued success in an evolving healthcare landscape.