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D EN IS E F O ST ER

kdfoster5018@yahoo.com / 317-408-1518 / LinkedIn Profile

CHIEF FINANCIAL OFFICER & EXECUTIVE LEADER


Translates Vision Into Reality Establishing Strong Financial Foundation, Strategic Business Growth & Sustainable Change
INFLUENTIAL LEADERSHIP / CHANGE MANAGEMENT / CULTURE ALIGNMENT / RESULTS & CLIENT-FOCUSED

ake charge, ethical leader with unwavering integrity proven in elevating organizations and achieving aggressive corporate

growth objectives by providing strategic direction, diverse perspectives and positive leadership. Financial strategist with
proven track record of improving organizational efficiencies and sustainable revenue while strengthening financials and reducing
costs. Architect and driver of strong corporate culture built on respect, professionalism, innovation and continuous focus on client
service. Recruits, mentors and retains top talent. Balances corporate vision with long-term vitality. Trusted business partner aligning
financial, IT, human resource and operational departments with corporate mission and goals.

AREAS OF EXPERTISE
Accounting & Financial Analysis Operational Management Process Control Development Cash Flow / P&L
Strategic & Financial Planning Organizational Restructuring Turnaround & Crises Management GAAP Capital Budgets
Audit Management Forecasting Financial Research & Analysis Mergers/Acquisitions Due Dilligence
Vendor/Banking/Shareholder Relations Contract Negotiations Revenue Gains Margin Improvement
Executive Leadership Employee Engagement Recruitment & Retention Consensus Building Performance Improvement

KEY ATTRIBUTES
Organized Analytical Collaborative Problem Solver Innovative Customer Focused Team Builder
Strategic Planner Process & Detail Oriented Disciplined Goal Driven Decisive Self Aware

P R O F E S S IO N A L H IG H L IG H T S
Pill Stat Rx, LLC dba SafeDose Pharmacy, 2001 - 2014
President / CFO, 2006 2014 / CFO, 2004 2006 / Controller, 2001 2004
As Controller, immediately identified significant challenges to sustainability of privately held pharmaceutical company; after
presenting concerns to the Board, was given the unique opportunity to assume full ownership for direction of the organization in
order to turn around the company from near closure to attractive positioning for sale.

SELECT RESULTS
Positioned firm as competitive market player by maintaining lean, risk adverse operational structure; targeting and penetrating
untapped market; leveraging IT expertise to automate solutions; and orchestrating employee/client centered culture.
Conceptualized and drove turnaround strategy that increased revenues, client base, morale, quality and customer service.
Anticipated detrimental changes to industry proactively negotiating with vendors keeping organization profitable during period
when 35% of peers went out of business.
Recruited, trained, mentored and managed all employees instilling ownership, accountability, trust and engagement; earned
trust and respect of employees to grow team with nearly no turnover.
Executive Leadership
Served as integral executive leader during sale of organization responding to due diligence
requests while ensuring company maintained profitability and positive cash flow.
Regularly met and reported to investors and Board of Directors relative to strategic
initiatives and financials.
Developed comprehensive reorganization plan necessitated by threat of closure with full
ownership of execution.
Expertly negotiated contracts with the top three accounts creating additional revenue
opportunities.
Built infrastructure that maintained strong working relationships with hundreds of drug
processing plans.

C OMPANY R EVITALIZATION
$13M+

3,000+
<$1M
<100

Clients

Annual Revenues

DENISE FOSTER
Financial, Operational & Business Development Leadership
Directed all day-to-day accounting operations, month-end closing, financial statement preparation, year-end audits, cash
flow, property tax, sales and use tax for 33 states, as well as employee benefits and payroll.
Performed complete analysis of corporate financials, discovered and diligently corrected account reconciliations, unpaid
vendors and taxes.
Created high-performing HR department implementing successful recruiting, training and retention procedures.
Implemented streamlined, efficient administrative, accounting and pharmacy operations workflows.
Identified and incorporated IT system that met Medicare D 20 year record retention requirements and collated records saving
thousands of man-hours annually by significantly reducing audit response times from days to hours/hours to minutes.
Leveraged IT expertise to incorporate unrelated software system integrating operations, fulfillment, sales and marketing for
substantially improved efficiency and accountability.
rd
Created responsive financial division proficient in Medicaid, Medicare D and 3 Party billing; successful daily, desk and inhouse audit responses and ensuring compliance with HIPAA, FWA, Federal, state and industry requirements.
Verified all appropriate licensing and foreign company registrations in tact to infiltrate target markets across the nation.
Strengthened relationships, quality and customer service by pairing individual technicians as primary point of contact for
each account.
Team Leadership
Created culture of transparency, accountability and inclusion which was critical to company success.
Held monthly employee meetings recognizing company/individual successes, implemented employee suggestions and
one, three and six month anticipated client changes/challenges and current account management for continued growth.
Reeducated staff on key elements of successful management of corporate verses individual retail clients regarding needs,
expectations, challenges, effective communication and exceptional delivery service.
Served as hands-on proactive leader partnering with pharmacist and pharmacy tech for nearly two years leading all sales
activities while maintaining full operational and accounting responsibilities.
Steadfastly committed to employees ensuring each retained in current positions after transition to new ownership.
DPS, Inc., 2000 2001
Project Manager
Quickly recognized by clients as highly valued solution-driven business development, accounting and general ledger consultant
providing hardware and software business solutions to small and midsize companies for privately held IT consulting firm.

Partnered with clients in US and Canada during business process reviews identifying needs, objectives and challenges to create
client specific solutions.
Leveraged IT expertise to write functional specifications for package modifications; collaborated with internal programmers to
create client specific solutions and vigorously test modifications for accuracy and performance.
Ownership of go-live software installation, support and training at customer sites for timely integration.
Created and facilitated impactful, relevant accounting function training to sales team and programmers which significantly
improved communications, marketing and close rates.
Developed and led client training on functionality and capabilities of SQL in order to leverage report writing.
Utilized UNIX, Oracle SQL, Oracle PL/SQL and OS/400 operating systems; Windows NT, RPG and ILE programming languages;
Seagull GUI, IBM Query Report Writer and IBM SQL, COGNOS, New Generation Report Writer, Java e-commerce middleware.
Engineering & Testing Services, Inc., 1998 - 1999
Controller

Brought in to oversee all corporate financial responsibility and establish ESOP plan for 170 employee, privately held engineering firm
with five divisions in four states.

Reported directly to the CFO with ownership of month-end closing, financial statement preparation, payroll and labor utilization
analysis for all divisional offices.
Maintained accuracy and accountability for day-to-day operations, including A/R, A/P, payroll, invoicing, collections and IT.
Served as Network Administrator (Novell NetWare 4.11) for the Indianapolis office.

DENISE FOSTER
Somer Dental Laboratories, 1990 1998
Controller
Recruited for newly created position to oversee all accounting and business operations for privately held manufacturer of dental
prosthesis.

Instrumental in providing financial and operational structure allowing company significant revenue growth, cost savings and
being recognized in top 2% of dental labs across US.
Directed all daily accounting operations, month-end closing, financial statements, cash flow, AP/AR, vendors and reporting.

Implemented credit and collections program reducing receivables by 19% lessened collection time by 14 days.

Reduced inventory 45%.

Identified and resolved procedural problems realizing increased efficiency and workflow with reduced staff.

Developed HR Department implementing job descriptions, procedures, recruiting, interviewing, testing, hiring,
termination and training.
Critical IT partner analyzing, selecting and negotiating purchase, installation and training of software and hardware significantly
strengthening employee production accountability and streamlining manufacturing processes.

Maintained UNIX operating system, networked terminals, PCs and barcode readers.
Oversaw and coordinated accounting for construction of new $2,500,000 facility.
Negotiated with state and local governments for training funds and small business tax incentives.
Full ownership of all financial functions for two additional companies started under corporate umbrella Lake Investments
(1990 1998) and Eagle Village Occasions (1992 1998).

Brooks Foods, Division of Curtice Burns, 1986 - 1990


Accounting Manager
Recruited for newly created position for $120M regional manufacturer of food products with up to 400 employees.

Completely revamped computer system leveraging strong IT skills and financial acumen; automated numerous processes
slashing processing time and saving 1,536 man hours a year.
Full ownership of accounting functions including monthly, quarterly and yearly financial statements; fiscal budgeting,
forecasting and corporate taxes.
Analyzed, developed, supervised accounting systems and procedures for accounts payable, accounts receivable, grower
accounting; determined standard and actual costs for formula based manufacturing.
Analyzed, modified and created numerous standards and systems including job descriptions, inventory management and
procedures for general ledger conversion, record retention and fixed assets.

E D UC A T I O N & T R A IN IN G
Bachelor of Science Accounting / Computer Science, Ball State University
Magna Cum Laude / Member of Accounting Club & Beta Alpha Psi
Outstanding Non-Traditional Student of the Year / Recipient of Fred and Mildred Crapo Full Ride Scholarship.
Project Management Certification, IUPUI
ORACLE SQL, PL/SQL, UNIX, DBA Certification, IUPUI
Novell NetWare 4.11 Administration Certification

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