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Tim Bennette
Sr. Director of Finance at Magellan Health Services
Professional Background
Tim Bennette is a highly accomplished finance professional with over 25 years of extensive experience in accounting across a variety of industries including manufacturing, commodities exchange, banking, investment, and healthcare. His versatile expertise enables him to adapt and thrive in different business environments. He has consistently demonstrated his leadership abilities by effectively managing and guiding teams on various special projects, particularly in the implementation of new applications and products, showcasing his commitment to innovation and operational excellence.
Education and Achievements
Tim Bennette holds a Bachelor of Business Administration (BBA) with a concentration in Accounting from the University of Western Connecticut. His strong educational background provided a solid foundation for his successful career in finance. Furthering his academic pursuits, Tim earned a Master of Business Administration (MBA) from Sacred Heart University. His educational credentials, combined with his professional experience, contribute to his robust understanding of financial management and operations within different organizational contexts.
As a Certified Public Accountant (CPA) since November 1997, Tim Bennette has established himself as a trusted expert in financial practices. His CPA designation signifies his deep commitment to maintaining high ethical standards and providing exceptional financial oversight across the organizations he has worked with.
Career Progression
Throughout his career, Tim Bennette has held several significant leadership roles and has made a profound impact in each position. Currently, he serves as the Senior Director of Finance at Magellan Health Services, where he leverages his extensive experience to lead financial planning, budgeting, and strategic decision-making initiatives. His role involves not only overseeing finance operations but also collaborating with various stakeholders to enhance organizational efficiency and effectiveness in healthcare financial management.
Before his current position, Tim served as the Director of Finance at Magellan Medicaid Administration where he was instrumental in managing the financial integrity and operational management of Medicaid services. His previous role as Accounting Manager at Coventry Health Care showcased his ability to oversee and guide financial reporting, ensuring compliance and accuracy within healthcare finance operations. Tim's earlier experiences at First Health Services Corporation in various capacities—ranging from Director of Pharmacy Systems to Manager of Finance—demonstrate his exceptional versatility and leadership throughout different financial functions.
His journey in the finance sector began at MBI, Inc., followed by Garrity Industries, and GE Investment, where he refined his skills in accounting and finance. Each role contributed to his comprehensive knowledge of the financial landscape and equipped him with the tools required to excel in complex financial environments.
Notable Achievements
Tim Bennette's commitment to excellence has not only been recognized within his organizations but also speaks to his impact on the overall financial industry. His leadership in driving successful implementations of new financial applications and productivity improvements has positioned him as an influential figure within the healthcare sector. His ability to lead teams through significant changes demonstrates his capability to motivate and inspire others toward achieving common goals, resulting in enhanced productivity and operational success.
Additionally, Tim's analytical mindset and attention to detail have played a crucial role in successful reporting and data analysis efforts across the organizations he has worked with. His exceptional skill set allows him to dissect complex financial data, turning insights into strategic actions which contribute to the financial success of the institutions he serves.
Tim Bennette's professional journey reflects dedication, leadership, and a relentless pursuit of excellence within the finance and accounting realm. He continues to be a driving force in enhancing financial operations in the healthcare industry, where his expertise and strategic perspective yield lasting positive outcomes.
