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Dipak Officer is an accomplished Chief Finance Officer and Operations Executive with an impressive track record of exceeding financial and operational performance goals. They have proven their ability to transform organizations and establish cross-functional partnerships to deliver exceptional results. With a focus on setting national benchmarks within the child welfare field, they have become a talented visionary in the areas of technology, operations, and finance.
Dipak Officer has a strong background in establishing high financial and operational performance growth while reaching business and sustainability goals through effective policies. They are a strategic and agile leader with exceptional employee relations and leadership development skills. Their expertise in budget management and resource allocation has consistently supported business development and corporate sustainability. Additionally, Dipak Officer has a proven ability to streamline and reorganize financial and operational processes, resulting in increased productivity among staff.
Throughout their career, Dipak Officer has held significant positions in various companies, including Chief Financial Officer and Principal at Predictive Analytics Inc., where they have been instrumental in using predictive analytics and data mining methods for financial success in business, government, and non-profit industries. They have also served as the Chief Financial Officer and Chief Operating Officer at ChildNet, Inc., where they successfully managed financial and operational performance and played a key role in expanding operations and improving rankings within the Department of Children and Families Accountability Scorecard. Their exceptional leadership has been recognized with numerous awards, including the Workforce Magazine 2012 Optimas Award for General Excellence. Dipak Officer holds a Master's Degree in Sustainability Leadership from the University of Cambridge and a Master of Business Administration (M.B.A.) in Business Administration from Florida International University.
More about this expert
- Full name
- Dipak Parekh Chief Financial Officer
- Location
- Miami-Fort Lauderdale Area
- Title
- Chief Financial Officer & Principal
- Company
- Chief Financial Officer Predictive Analytics Inc. (since 2013)
- LinkedIn Connections
- 3158
- Summary
- Chief Finance Officer and Operations Executive with a demonstrated record of exceeding financial and operational performance goals, transforming organizations and establishing cross-functional partnerships to deliver stellar results. Talented technological, operational and financial visionary working steadfastly to cultivate a center of excellence focused on setting national benchmarks within the child welfare field. Adept in establishing high financial and operational performance growth while, reaching business and sustainability goals through the implementation of effective and timely policies. Agile, strategic leader with well-developed employee relations, motivation, leadership development and training qualifications. Accountable for multi-million dollar budgets and allocating resources to support business development areas and corporate sustainability. Particularly skilled at streamlining, financial and operational reorganizing and leading staff productively.
- Skills
- Corporate Vision & Strategic Planning General & Operations Management
Education
- University of Cambridge
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Master’s Degree
Attended in 2013 - 2015
Field of study: Sustainability Leadership - Florida International University
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Master of Business Administration (M.B.A.)
Attended in 2011 - 2012
Field of study: Business Administration
Positions
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Chief Financial Officer Predictive Analytics Inc.
Miami/Fort Lauderdale Area
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Chief Financial Officer & Principal
Sep 2013 - Present
Chief Finance Officer / Principal Consultant in the areas of Finance, Information Technology and Financial Operations who utilizes predictive analytics and data mining methods for strategic and tactical financial success in Business, Government and non-profit industry. Predictive and machine learning financial and operations models are used to identify risks and opportunities and serve as a guide in decision making towards business optimization.
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ChildNet, Inc. Chief Financial Officer
Plantation, FL
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Chief Financial Officer & Chief Operating Officer
2012 - Aug 2013
• Lead Financial and Operational performance management efforts resulting in ChildNet ranking #1 on the Department of Children and Families Accountability Scorecard for three quarters.
• Facilitated the award of $63 million dollar contract expanding operations to include Circuit 15 through exemplary financial, operational and leadership skills.
• Coordinated the acquisition and transition processes for Circuit 15 contract expansion leading to a successful 30 day operations transition.
• Implemented operating performance improvement efforts in Circuit 15 resulting in ChildNet Palm Beach’s ranking improving from 20th to 2nd within two months of transition.
• Nominated to serve as the chairman of the Florida Coalition for Children (FCC), Chief Financial Officer (CFO) Council and facilitates the monthly Chief Financial Officer (CFO) conference call which is attended by the FCC member agencies and all lead agencies in Florida.
• Designed a new program to expedite permanency for high utilization clients that yielded a savings of nearly $500 thousand dollars in the first three months.
• Implemented innovative workforce improvement initiatives leading to Workforce Management Magazine selecting ChildNet as the recipient of the Workforce Magazine 2012 Optimas Award for General Excellence.
• Received the ChildNet Leadership Award for significant contributions to the achievement of corporate goals through stellar leadership
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ChildNet, Inc. Chief Financial Officer
Plantation, Florida
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Chief Financial Officer & Chief Information Officer
2011 - 2012
• As my role of Chief Financial Officer CFO and Chief Information Officer CIO i expanded the capacity of the in-house MIS team leading to the development of an innovative Remote Data Capture (RDC) application launched on PDA devices enabling case managers to record critical data, with GPS stamp, electronic signatures and subsequent electronic transmittal directly to the state system of record. ChildNet’s RDC technology received state-wide recognition.
• Supported the development of state of the art electronic dashboards capturing critical child welfare data real-time and implemented a virtual data framework towards a transition towards cloud computing.
• Collaborated with stakeholder leadership to build mobile applications for community partners to streamline operations.
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ChildNet, Inc. Chief Financial Officer
Plantation, Florida
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Chief Financial Officer
2008 - 2011
• As a Chief Financial Officer i restored and improved the organization’s fiscal health within first year of leadership by maximizing efficiencies resulting in ChildNet coming out of a $1 million dollar deficit and consistently maintaining a balanced budget and surplus revenues.
• Owned and delivered a three-year Financial strategic plan for the organization and subsequent financial and operational strategies for implementation.
• Implemented “Essential Learning” platform for the organization allowing staff remote 24/7 access to required courses and training curricula.
• Championed Lean Six Sigma as a financial / business decision-making methodology for ChildNet staff and management team.
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Chief Financial Officer at Siena Financial Corporation
Miami, Florida
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Chief Financial Officer / Consultant
1999 - 2008
• Directed financial management and management of accounting/controller and financial reporting functions, prepared annual and long term budgets, instituted management controls and recommended improvements to management systems and procedures of companies ranging from $2 million to $278 million.
• Prepared opening cash statement, projected Statement of Operations, Statement of Cash Flow and System of Internal Control for various agencies.
• Developed and implemented information systems and software programs, using Oracle, SAP, Fundware, Mainstreet, System Consultant, Inc. (SCI).
• Restructure and tightened the company’s cash management policy to ensure prompt recovery of all receivables to meet cash requirements of payroll and vendor commitments
• Pioneer in Activity Based Management strategies for the identification of the true cost and value of each business process and product. Utilize ABM to drive organizational change and improvement, process redesign, outsourcing, capital appropriation, complexity reduction, facilities redesign, technology advancement and more.
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City of Miami
Miami, Florida
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Director of Management and Budget
1995 - 1999
• Devised successful strategy to turn around City of Miami’s finances and operations.
• Developed, restructured, and implemented $300 million Capital Improvement Program.
• Prepared comprehensive study on solid waste privatization which was projected to save $280
million over 30 years.
• Created annual five-year Strategic Plan, annual $400 million operating budget, as well as
monthly and annual budgetary / financial forecasts.
• Initiated and served as liaison in converting FEMA loan into a grant, resulting in net savings,
including interest, of $12 million.
• Implemented new administrative fee, generating estimated $520,000 annually.
• Prepared measurement and productivity studies for numerous departments, i.e. Housing, CDBG,
SHIP, HOME, CRA, Solid Waste with a savings of $2.5 million annually.
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City of Miami
Miami, Florida
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Budget and Financial Analyst
1982 - 1995
• Instituted Revenue Task Force, resulting in additional revenue stream of $1.2 million annually.
• Initiated and implemented Interim Proprietary Service Fees and Right of Way user fees, generating
estimated $235,000 annually.
• Initiated and implemented Telecommunication Tax, generating $4.7 million annually.