Patrick Leong

Finance business partner focused on accelerating businesses growth

I have 15 years experience in Accounting and Finance, primarily in the healthcare industry. I advised businesses and clients in operational efficiencies for a sustainable financial model, which has led to bottom-line growth ranging from 42%-48%. I lead the development of annual fiscal plans, capital budgets, and forecasting by collaborating with the business leaders and executives.

I now oversee multiple businesses that vary in services to pharmaceutical manufacturers and have full P&L responsibilities for all. I partner with these businesses to provide meaningful and actionable insights to accelerate growth and mitigate potential risks.

Patrick Leong

Experience

  • Cardinal Health

    Cardinal Health

    Director, FP&A Specialty Biopharma and GPO

    Jun 2022 - Present

    Cardinal Health, Inc. (NYSE: CAH), is a global integrated healthcare services and products company, providing customized solutions for hospital systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices worldwide.

    • Finance Business Partner for 4 diverse business units within Biopharma segment of Specialty, with full financial statement accountability for each business (Sonexus Health, Insights & Engagement, 3PL, and Regulatory Sciences).
    • Lead cross-functional teams with operations, IT, Accounting, and sales to both analyze current business performance and strategize on future needs.
    • Facilitate capital investment strategy, including building of business cases, following approval matrices, and monitoring project results.
    • Provide meaningful, timely, actionable financial reporting to senior leadership
  • Cardinal Health, Inc.

    Cardinal Health, Inc.

    Manager, FP&A

    Jul 2018 - Jun 2022

    Cardinal Health, Inc. (NYSE: CAH), is a global integrated healthcare services and products company, providing customized solutions for hospital systems, pharmacies, ambulatory surgery centers, clinical laboratories and physician offices worldwide.

    • Directs and coordinates the fiscal year planning process in order to establish annual and long-range budgets and forecasts.
    • Responsible for business unit accounting and finance. Partners with Corporate Accounting to establish internal controls, policies and procedures, as well as the preparation and reporting of financial statements in accordance with GAAP.
    • Create and/or review pricing models and scenarios for RFP bid contracts.
    • Create and/or review financial models and scenarios as a key input for business planning decisions in areas such as capital deployment, sourcing, product development, and marketing strategies.
    • Ensures data integrity and ongoing refinement of financial analytic systems and practices to support tactical and strategic decision-making.
    • Delivers specific recommendations on financial improvement programs, which will result in cost reduction and profit improvement of the business unit.
  • Provista

    Provista

    Operational Finance Manager

    Jul 2015 - Jun 2018

    Provista is a group purchasing powerhouse that combines multiple companies’ purchases together to deliver low prices on contracts and services to members to alleviate supply chain complexity with proven solutions and advisory services.

    • Partner with business functions on the annual planning, periodic re-forecasting and long-term planning processes to provide financial oversight and support decision-making.
    • Identify opportunities to improve efficiency and lead projects to deliver improvements in productivity and operating costs.
    • Review the full P&L during close periods to ensure financial data accuracy.
    • Prepare monthly financial performance reports for executives and business partners including comparing variance analysis to key benchmarks, capturing financial and operational KPIs, highlighting business trends, translate trends into risk/opportunities.
    • Develop budget/forecast review presentations, excel models, and ad-hoc analyses for the business.
  • HCA

    HCA

    Financial Analyst

    Apr 2014 - May 2015

    HCA Healthcare is one of the nation's leading providers of healthcare services, comprising 180 hospitals and approximately more than 2,300 sites of care, including surgery centers, freestanding ERs, urgent care centers, and physician clinics, in 20 states and the United Kingdom.

    • Prepare and analyze financial data to support management decision using various data mining tools and database management techniques.
    • Coordinate and prepare weekly financial projections with facilities.
    • Prepare monthly reports analyzing surgery center results and distributes to operations management team and regional CFO’s.
    • Prepare quarterly cash flows and financial information for surgery center partnership meetings.
    • Prepare and analyze annual budgets for facilities.
    • Prepare reports for center’s valuation from third party groups.
    • Create ad-hoc reports upon requests from management and CFO’s.
  • Christus Health

    Christus Health

    Senior Accountant

    Mar 2013 - Apr 2014

    Christus Health is a Catholic, not-for-profit health care system comprised of 30,000 employees who serve in more than 60 hospitals and long-term care facilities in six U.S. states and six states in Mexico and Chile.

    • Maintaining GL for assigned regions, ensuring account balances are appropriately documents and recorded in a timely manner.
    • Reconcile assigned balance sheet accounts, ensuring supporting documentation exists, is accurate, and ties to the appropriate account on the GL.
    • Prepare Management Discussion & Analysis, PP&E, Net Asset Roll Ford, and other routine schedules, analyzing financial reports routinely and reporting significant variances.
    • Assist appropriate department personnel in the development of annual budget for all assigned CHRISTUS Health general ledgers.
    • Responsible for submitting inter-company/payment requests to Treasury on a routine basis for various transactions/expenses. Complete special projects as requested by Corporate Accounting Leadership.
    • Responsible for accounting functions of the assigned general ledgers. Ensure data integrity, consistency, and accuracy through proper application of accounting principles. Prepare and post monthly journal entries for various corporate entities.
  • J.P.Morgan Chase & Co.

    J.P.Morgan Chase & Co.

    Sr. Accounting Specialist

    Aug 2008 - Apr 2013

    Leading global financial services firm with operations servicing clients in more than 100 countries.

    • Analyze and monitor accounts for any discrepancies or abnormalities for daily, monthly, and annual reporting.
    • Ensure timeliness and accuracy of daily net asset value production and accounting validation.
    • Monitor income and cash activity and ensure that all overdue items are resolved.
    • Manage and monitor trades that bridge into the accounting system from the custodian.
    • Render accurate and timely accounting statements in compliance with customer expectations and departmental standards.
    • Perform daily, monthly, and annual reconciliations to client funds, along with variance analysis and root cause.
    • Reviewing accounting related issues included in new fund set up, monitoring key indicators of fund status and taking prompt action to correct problems as required.
    • Review and reconciliation of fund and cash flow disbursements for month-end close.
    • Ensuring cash and journal entries are in compliance with GAAP for daily, monthly, and annual job functions.

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