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Libby Beaulac

Libby Beaulac, CPA


Assistant Chief Financial Officer



Professional Overview
Libby Beaulac is an experienced finance and accounting professional with a strong background in the healthcare industry. As the Assistant Chief Financial Officer at Lovelace Health System, she plays a pivotal role in overseeing the organization's financial operations and strategic decision-making. Libby's expertise spans areas such as financial reporting, budgeting, cash flow management, and process optimization.

Experience Summary

Current Role
As the Assistant Chief Financial Officer at Lovelace Health System, Libby is responsible for supporting the Chief Financial Officer in all aspects of financial management. She oversees the preparation of financial statements, analyzes key performance indicators, and collaborates with cross-functional teams to drive operational efficiency and profitability. Libby's leadership has been instrumental in implementing cost-saving initiatives that have resulted in a 12% reduction in operating expenses over the past two years.

Career Progression
Prior to her current role, Libby held several finance and accounting positions within Lovelace Health System, including Director of Finance and Controller. In these roles, she demonstrated a strong aptitude for financial analysis, process improvement, and strategic planning. Libby's career growth has been marked by her ability to take on increasing responsibilities and make significant contributions to the organization's financial performance.

Academic Background
Libby holds a Bachelor of Science in Accounting from the University of New Mexico and is a Certified Public Accountant (CPA). During her academic years, she was recognized for her academic excellence, earning a spot on the Dean's List and graduating with Magna Cum Laude honors.

Areas of Expertise
  • Financial reporting and analysis

  • Budgeting and forecasting

  • Cash flow management

  • Process optimization and cost reduction

  • Financial systems implementation and integration

  • Healthcare industry regulations and compliance

  • Financial risk management

  • Team leadership and collaboration


Professional Impact
Libby's leadership and strategic thinking have had a tangible impact on Lovelace Health System's financial performance. She has played a crucial role in securing a $5 million grant to implement a new electronic medical records system, which has improved patient data management and reduced administrative costs. Libby's contributions have been recognized by her peers, and she was awarded the "Finance Leader of the Year" award by the New Mexico Healthcare Financial Management Association in 2021.

Conclusion
With her extensive experience in the healthcare finance and accounting domain, Libby Beaulac is a valuable asset to Lovelace Health System. Her proven track record of driving financial optimization, process improvement, and strategic decision-making positions her as a trusted advisor and a key contributor to the organization's long-term success.