Mark Palastro

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Finance and Accounting professional with extensive experience in financial accounting, reporting, and internal audit. Known for strong technical expertise, organizational skills, and effective communication, Mark has demonstrated leadership in managing finance teams and driving financial stability and growth.

Mark served as Chief Financial Officer at Holy Family Institute from January 2010 to January 2025, overseeing an 8-person finance team. He successfully enhanced employee health benefits, saving approximately $100,000 annually without additional costs. Mark managed cash flow, investments, and asset management, ensuring capital flexibility to support growth and strategic investments even during downturns. He maintained balance-sheet strength to protect financial stability while enabling infrastructure improvements and performance enhancements. His responsibilities included financial statement reviews, budget variance analysis, KPI dashboard preparation, contract review, internal controls maintenance, audit coordination, tax filing, and strategic goal development. Mark also represented the organization to financial partners and reported to the Finance Committee and Board of Directors.

Prior to this, Mark was Director of Internal Audit at Unison Administrative Services from September 2001 to November 2009, leading an 8-person audit and investigation unit for a $900 million Medicaid HMO. He oversaw financial and operational audits, fraud training, data mining, and SOX compliance. His audit efforts generated over $25 million in cost savings and revenue.

From July 1997 to September 2001, Mark was Director of Finance for Children’s Community Care at Children’s Hospital, managing accounting functions including billing, collections, payroll, contract negotiations, and budgeting for a large medical group practice.

Earlier roles include Senior Auditor at Children’s Hospital, Financial Administrator at Siemens Medical Systems, Internal Auditor at Ohio Valley General Hospital, Senior Internal Auditor at USAir, Inc., Auditor at Spring Hill Savings and Loan, Associate Examiner at Federal Home Loan Bank of Pittsburgh, and Senior Staff Auditor at First Federal Savings and Loan of Pittsburgh. Across these roles, Mark consistently delivered significant financial improvements, including millions in revenue generation and cost savings through audits and operational enhancements.

Mark holds a BS in Business Administration with a focus on Accounting from Robert Morris University. He maintains his CPA license through ongoing education and is a member of the Pennsylvania Institute of Certified Public Accountants. He has been involved with the Association of Healthcare Internal Auditors, Association of Certified Fraud Examiners, and served as adjunct faculty at Carlow University.

He has also contributed to community service as a former Assistant Scoutmaster and Treasurer for Troop 262, member of the Scott Township Civil Service Committee, and board member of Clearview Federal Credit Union and PCCYFS. Mark received the PBT CFO of the Year Award in 2021.

LinkedIn: Mark Palastro