Brenda Schifano
About Brenda Schifano
Brenda Schifano is the Director of Financial Reporting at CommonSpirit Health, where she has worked since 2010. She manages financial analysis and consolidation for over 40 subsidiaries, ensuring accurate reporting and compliance with accounting standards.
Work at CommonSpirit Health
Brenda Schifano has served as the Director of Financial Reporting at CommonSpirit Health since 2010. In this role, she acts as the primary point of contact for external auditors, ensuring compliance and transparency in financial reporting. She conducts variance analysis of monthly financial results, comparing them against budget and trend data. Additionally, she manages the monthly consolidation process for over 40 subsidiaries, which collectively generate a revenue of $16 billion. Her responsibilities also include the quarterly filing of consolidated financial statements, encompassing the balance sheet, income statement, and cash flow.
Education and Expertise
Brenda Schifano earned her Bachelor of Science degree in Accounting from Regis University. Her educational background provides a strong foundation for her expertise in financial reporting and analysis. She has developed skills in technical accounting research, particularly in areas such as business combinations and impairments, which are critical for her role in financial reporting.
Background
Before joining CommonSpirit Health, Brenda Schifano worked at TCI Cable as an International Financial Analyst from 1995 to 1996. This experience contributed to her understanding of financial operations on an international scale. Her career path reflects a consistent focus on financial analysis and reporting, leading to her current position in a significant healthcare organization.
Achievements
In her role at CommonSpirit Health, Brenda Schifano has been instrumental in managing the financial reporting processes for a large organization. Her work includes overseeing the consolidation of financial results from numerous subsidiaries and ensuring accurate reporting to external stakeholders. Her contributions to the quarterly filing of consolidated financial statements demonstrate her commitment to maintaining high standards in financial accountability.