Finance Manager Financial Management

Teresa S. Carleo 757-***-**** ad2cic@r.postjobfree.com linkedin.com/in/teresa-carleo-38a39850

DIRECTOR OF FINANCE CFO SR. FINANCE MANAGER

Corporate Finance & Accounting Program Financial Management Financial Strategy & Leadership An accomplished finance and accounting executive with 20+ years of proven experience making companies more profitable, compliant, and cost efficient. Expert in evaluating financial operations, and developing the processes, procedures, and programs necessary to maximize financial performance across an enterprise. Adds value to an organization by serving as a strategic partner to C-suite leadership, as well as with front-line project teams throughout the project lifecycle. SELECTED CAREER HIGHLIGHTS

- Turned around a failing $16M contract, improving gross margins from -15% to more than +8%.

- Managed all financials to achieve profitable growth expansion from $15M to $40M in annual revenue.

- Prepared pricing proposals from $100K to more than $50M and placed a strategic focus on accuracy.

- Delivered a labor savings of 32 hours per month by streamlining systems and eliminating redundancies. CORE AREAS OF FOCUS

Finance & Accounting Leadership Cross-Functional Collaboration

P&L, Budgeting, and Forecasting Team Leadership & Management

Strategic Planning & Execution Policy & Procedure Development

Financial Dashboards & Reporting Continuous Process Improvement

Program Finance & Revenue Recognition Executive-level KPI Reporting

Driving Profitable Growth / EBITDA GAAP, Auditing, and Compliance PROFESSIONAL EXPERIENCE

L3HARRIS TECHNOLOGIES, Norfolk, VA 2018 – Present

Program Finance Manager

Manage the financial operations for a $110M Maritime division, including leading a team of 6 Financial Analysts. Oversee all division programs, including ASC 606 revenue recognition, forecasting, reporting, job costing, and profitability for 300+ continuously changing projects. Additionally, assist in preparation and maintenance of short and long range annual operating plans with sales, orders, profit, unbilled and collection goals.

Oversee a geographically dispersed business and team while providing corporate guidance to each unit’s senior management. Ensure accuracy of EAC development and processing, as well as forecasting of orders, sales, profitability, and cash flow. Instrumental in Division implementation of Oracle based ForecastGov system for AOP forecasting.

Partner with stakeholder groups, including the Executive Leadership team, Accounting, Contracts, IT, Compliance, Pricing, FP & A and Program Management to provide essential financial analysis and reporting, strategic planning, customer negotiations and proposal pricing.

Establish and ensure compliance with financial policies, practices, and procedures. Wrote Division policies and waiver requests for EACs. Received “Green” rating on Financial Internal Audit.

Ensure solid program financial performance through early identification of operational issues and implementation of containment methods.

Perform financial assessments to identify and evaluate monthly variances. Significantly improved financial performance by developing and implementing financial forecasting tools and dashboards, program reviews and standardizing EAC bottoms up reviews.

Meet a critical 2-day accounting close schedule by improving processes and leading a team of financial analysts in the execution of deliverables.

VT GROUP, Virginia Beach, VA 2016 – 2018

Finance Manager

Served as a strategic partner to the executive team in the development of strategic initiatives, business plans, and policies impacting financial management. Worked alongside the CFO and multiple business unit Presidents to lead budget and forecasting functions, placing a strategic focus on accuracy in reporting across all lines of business.

Increased operating efficiency while simultaneously ensuring the attainment of Key Performance Indicators (KPI), such as revenue and profit objectives; developed solutions focused on continuous process improvement.

Identified, analyzed, and eliminated inefficiencies and gaps in financial processes; implemented corrective actions to strengthen the company’s financial foundation.

Teresa S. Carleo 757-***-**** ad2cic@r.postjobfree.com Page 2 of 3

Streamlined cumbersome systems, eliminated redundancies, and improved internal processes to enhance reporting mechanisms; optimizing monthly revenue recognition resulted in a labor savings of 32 hours per month.

Recognized and successfully collected more than $135K in debt that was previously considered “uncollectable”; devised and introduced a new process for enhanced project analysis.

Generated $750K in new annual revenue by introducing a new process for project evaluation and investigations.

Built a new project management tool which forecasted Estimates at Completion (EAC), resulting in improvements to efficiency and estimate reliability.

Positioned the company to quickly identify at-risk FFP projects through the development and implementation of a new Project Review and Management process.

DRS TECHNOLOGIES, INC., Elizabeth City, NC 2015 – 2016 Senior Finance Manager

Provided senior-level financial support to executive leadership, including financial reporting, strategic analysis, report maintenance, and project management. Additionally, rolled out continuous improvement projects for the US-based defense contractor, and part of the Italian firm Leonardo (previously Finmeccanica).

Held complete accountability for financial and accounting management of projects ranging from $2M to $20M, identified and reduced risk through the development of risk mitigation strategies.

Led cross-functional teams through the end-to-end project lifecycle, providing hands-on coaching, mentoring, training, and accountability necessary to hit program KPI.

Built the strategic financial vision for the company and was critical in the $34M sale of DRS Elizabeth City airplane hangars to the USCG; transitioned all contracts and revised indirect rates.

Played a key role in a successful turnaround effort of a $16M contract, improving margins from -15% to greater than +8% gross margins.

Ensured 100% alignment to all internal policies and procedures, as well as with external guidelines, FAR, and GAAP.

Collaborated cross-functionally with multiple internal teams to support ongoing, high-level contract negotiations with government stakeholders and subcontractors.

LINXX GLOBAL SOLUTIONS, Virginia Beach, VA 2012 – 2015 Director of Finance (2014 – 2015)

Controller (2013)

Pricing Analyst (2012)

Promoted twice in less than 2 years of joining and advancing from performing front-line pricing analysis to working alongside the CFO in long-range planning, monitoring, and budgeting. Continually worked to deliver growth by impacting corporate profitability, cost efficiency, and quality operations of all financial systems and processes.

Delivered profitable growth during the company’s expansion from $15M to $40M in revenue by managing finance, accounting, cost and pricing, payroll, and Human Resources.

Served as Operating Officer providing direct financial support to the business group executive, driving efficiency and effectiveness of finance group management; transitioned AP from in-house to shared services.

Met a critical Human Resources need for the company by overseeing all aspects of Collective Bargaining Agreements and Wage Determinations, as well as in leading the implementation of a new payroll system.

Directed the company’s seamless transition from QuickBooks to Deltek GCS, ensuring clean and accurate accounting, insurance, banking, and audits.

THE GBS GROUP, Virginia Beach, VA 2009 – 2012

Controller (2010 – 2012)

Financial Analyst (2009 – 2010)

Senior financial leader overseeing all finance and accounting functions, including the preparation of incurred cost submission, financial management, and contract administration. Implemented Microsoft NAV as the company’s new ERP system.

Supervised and controlled all government and financial audits, including Defense Contract Audit Agency (DCAA) audits, state audits, and insurance audits.

Developed and rolled out a Singapore Corporation and performed Federal tax research and development credits for privately owned engineering and consulting firm.

Regularly monitored and analyzed indirect rates for company use. Teresa S. Carleo 757-***-**** ad2cic@r.postjobfree.com Page 3 of 3 EARLIER CAREER SUCCESS

Controller, DynCorp

Senior Consultant, Booz Allen Hamilton

Pricing Analyst, Waste Management

EDUCATION & PROFESSIONAL DEVELOPMENT

GEORGE WASHINGTON UNIVERSITY

Master of Business Administration (MBA), Finance & Investments VIRGINIA TECH

Bachelor of Science (BS), Finance & Investments

Lean Six Sigma AS9110B ISO 9001:2008 Deltek Cost Point 7 Deltek GCS MS Dynamics Navision Cognos Pentagon 2000 QuickBooks Advanced Excel DOD SECRET CLEARANCE/Inactive AGENCY CLEARANCE

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