Arnold L.

Goldstein
16 Friar Lane
Manalapan, New Jersey 07726
(732) 536-2661 ag60e160@westpost.net

PROFESSIONAL SUMMARY
Financial professional with extensive experience in managing both financial and
operating areas. Developed and implemented operating performance tools to measu
re productivity and efficiencies. Directed the implementation of hardware and so
ftware utilized in all operations.
* Excellent background in accounting and finance with concentration in healthcar
e
* Extensive experience in leading financial operations, team building, and meeti
ng or exceeding performance goals
* Proven ability to build and improve operating performance by setting benchmark
s and goals and managing operating and capital budgets
* Solid background in improving individual and organizational effectiveness in a
variety of settings
* In-depth knowledge of Medicare, Medicaid and Department of Health regulations
for Long Term Care
EXPERIENCE
IFIDA Health Care Group, Ltd., Broomall, PA. 2006 - 2010
Chief Financial Officer, Assisted Living, Independent Living and Skilled Nursing
Facilities
Manage financial reporting and daily operations for four facilities.
* Oversee daily cash management and treasury function
* Analyze all prospective opportunities for business expansion
* Prepare budgets and forecasts
* Work with outside auditors for year end reporting compliance
* Maintain ongoing reporting compliance with lenders
Cambridge Healthcare, Norwood, NJ 2004 - 2006
Chief Financial Officer, Long Term Care and Adult Day Care Facilities
Managed a staff of a staff of seven professionals and six support staff in the f
inancial and information technology area for five nursing homes and one adult da
y care facility.
* Established a comprehensive reporting system which provided daily, weekly, and
monthly information to support facility operations
* Spearheaded the refinancing effort for two facilities, resulting in lower borr
owing costs and additional capital for facility acquisitions
* Improved cash flow through aggressive management of facility receivables, resi
dent admission oversight, and improved vendor terms
* Responsible for the implementation of the local and wide area networks in addi
tion to being the decision maker on all hardware and software purchases

Arnold Goldstein PAGE 2 732-536-2661

Saint Barnabas Health Care System, West Orange, NJ 1996 - 2004
Chief Financial Officer, Long Term Care and Assisted Living Facilities. (1997-20
04)
Managed a staff of eight professionals and twenty-five support staff in the fina
ncial and information technology area for nine nursing homes and three assisted
living facilities.
* Set up the agenda and facilitated meetings with local and corporate management
and on all issues relevant to the financial and operating impact on all facilit
ies
* Undertook numerous initiatives in operating costs reductions, including establ
ishing strategic purchasing alliances to reduce annual costs by $1,000,000 while
maintaining the highest level of services to our residents
* Established and implemented daily payroll tracking to reduce overtime and temp
orary help expenditures
* Primary liaison for banking, audit and legal relationships
* Designed and implemented all financial and operating systems for a new assiste
d living facility
* Integrated seven acquired nursing homes and one assisted living facility witho
ut adding costs to the management structure by streamlining processes
Controller, Long Term Care and Assisted Living Facilities (1996-1997)
Managed a staff if nine in the financial areas.
* Project leader - implemented the upgrade of financial (A/R, A/P, P/R and G/L)
and operating (MDS) systems in all facilities
* Designed and implemented financial statement package for local and senior mana
gement
Prior Experience includes Employment in the Service, Manufacturing, Retail and P
ublic Accounting Arenas
Gentle Care, Inc. Home Health Agency, New York City - Chief Financial Officer
Stanton Staffing Agency, Inc., New York City - Controller
Glemby International, Inc., New York City - Controller
Alexander's, Inc., New York City - Assistant Controller
United Merchants and Manufacturer's, Inc., New York City - Senior Accountant
N.L. Fish, Englewood, New Jersey - Auditor
EDUCATION
Bachelor of Science in Accounting
Fairleigh Dickinson University, Teaneck, NJ
PROFESSIONAL AFFILIATIONS
Financial Management Association
New Jersey Healthcare Advisory Committee
COMPUTER SKILLS
Microsoft Word, Excel, PowerPoint and Word Perfect