Loretta Ambrose serves as the Accounting Manager at Medacta USA, Inc., where she leverages over 20 years of extensive experience in accounting and finance to drive operational excellence within the organization. In her current role, Loretta leads a dynamic team of five professionals, having successfully...
Loretta Ambrose serves as the Accounting Manager at Medacta USA, Inc., where she leverages over 20 years of extensive experience in accounting and finance to drive operational excellence within the organization. In her current role, Loretta leads a dynamic team of five professionals, having successfully expanded the department from two to five employees. Her leadership approach emphasizes collaboration, fostering a positive work environment that not only encourages professional growth but also recognizes and rewards high performance.
Under her guidance, the team has achieved significant milestones, including a remarkable reduction of the 60-day accounts receivable (A/R) to under $9 million, showcasing her expertise in financial analysis and internal controls. Loretta's proficiency in implementing robust internal controls and ensuring compliance with the Sarbanes-Oxley Act has been instrumental in enhancing the financial integrity of Medacta USA. She is adept at financial reporting and forecasting, skills that have proven essential in navigating the complexities of the healthcare industry.
In addition to her technical skills, Loretta's resourcefulness and strategic mindset enable her to execute initiatives that streamline financial operations and improve overall efficiency. Her commitment to continuous improvement and her ability to adapt to changing regulatory landscapes make her a valuable asset to Medacta USA. As she continues to lead her team towards achieving operational excellence, Loretta remains open to new opportunities and collaborations that align with her passion for advancing financial practices within the industry.
