Paul Yates

Director of Financial Reporting

Professional Overview
Paul Yates is an accomplished financial reporting executive with over 20 years of experience driving strategic financial initiatives and operational excellence. As the Director of Financial Reporting at New Hanover Regional Medical Center, he spearheads the organization's financial reporting processes, enhancing transparency and supporting critical decision-making.

Experience Summary

Current Role
As the Director of Financial Reporting at New Hanover Regional Medical Center, Paul is responsible for overseeing all aspects of the organization's financial reporting, including the preparation of monthly, quarterly, and annual financial statements. He plays a pivotal role in ensuring the accuracy, timeliness, and compliance of financial reporting, enabling the leadership team to make informed decisions that drive the hospital's growth and operational efficiency. Under his guidance, the financial reporting function has achieved a high level of accuracy and transparency, contributing to the medical center's strong financial standing.

Career Progression
Prior to his current role, Paul held several leadership positions in the operations and customer care divisions at Corporate Express, where he honed his expertise in financial reporting and business process optimization. As the Vice President of Operations, he successfully led cross-functional teams to streamline operational workflows and drive cost savings. Earlier in his career, he served as the Business Unit Controller and Director of Corporate Accounting at Guilford Mills, further developing his financial acumen and problem-solving skills.

Academic Background
Paul holds a Bachelor of Science degree in Accounting from the University of North Carolina at Wilmington, where he graduated with distinction. He is a Certified Public Accountant (CPA) and remains actively engaged in professional development initiatives to stay up-to-date with industry best practices and emerging trends.

Areas of Expertise

• Financial reporting and analysis

• Accounting and compliance management

• Financial process optimization

• Cross-functional team leadership

• Strategic decision-support

Professional Impact
During his tenure at New Hanover Regional Medical Center, Paul has played a pivotal role in enhancing the organization's financial reporting capabilities. He has led the implementation of advanced financial reporting software, streamlining data collection and analysis processes, and enabling more timely and accurate financial reporting. As a result, the hospital's leadership team has access to robust financial insights, supporting informed decision-making and strategic planning.

Conclusion
With his extensive experience in financial reporting, operational optimization, and cross-functional leadership, Paul Yates is a valuable asset to New Hanover Regional Medical Center. His commitment to excellence and continuous improvement has positioned him as a trusted advisor, driving the organization's financial stability and operational success.