Steven C. Favazza
**** ** **** ***** ( Coconut Creek, FL 33063 ( 954-***-**** (
*****.*******@*****.***
Qualifications for Senior-Level Financial Management
A proven leader with a successful senior-level background in financial and
operations management, including extensive experience bringing projects to
completion, developing and implementing policies/procedures and financial
controls, and driving process improvement and profitability. Possesses
domestic and international experience (Asia and Mideast) along with a wide
range of experience in JV, federal, municipal, and private contracting and
audits as well as international contracting and labor laws, while complying
with US-based GAAP and CAS standards. Adept at identifying organizational
needs, utilizing excellent analytical and problem solving abilities, and
implementing effective solutions; leverages strong team building and
leadership to guide organizations to succeed; and forges strong business
relationships through effective communication and listening skills. Areas
of expertise include:
SOX Risk Management Auditing & Reporting Job Cost Accounting
Systems
DCAA P&L Management Forecasting & Cost Reduction &
Budgeting Controls
ISO & QMS System Mergers & Team Building &
Conversions Acquisitions Facilitation
FAR & DFAR Regulatory Training & Litigation & ADR
Compliance Development Support
Testimonials
"He has demonstrated a comprehensive knowledge of the realities associated
with managing regional financial operations in terms of both productivity
and profitability." Bruce Koenig, VP & District Manager, AECOM
Environmental
"His firm knowledge of accounting, coupled with his high level of
understanding of the operational side of the business made him a valuable
resource to the firm." Dennis Morrison, CFO, AECOM/Metcalf & Eddy
"Steve has a broad range of both domestic and international experience in
the financial arena. He has successfully managed all aspects of regional
fiscal operations and, in that process, has demonstrated his abilities as a
leader, a team player, and an innovative thinker." Mark Blanchard,
Executive VP, AECOM
Select Highlights
o Turned around territories facing financial and operational difficulty;
achieved profitability by reorganizing and instituting new financial and
operational policies. Worked with regional and branch managers, finance
staff, and operations staff to form cohesive teams. Improved financial
results, reduced project losses, and better trained staff on all levels.
o Successfully completed several, large design and construction projects
with serious contractual, financial, regulatory, and client relations
issues as Project Director.
o Assisted in the successful selection and implementation of five computer
conversions, including Oracle, Deltek, and Jamis systems.
o Developed SOX key controls and policies for Metcalf & Eddy and AECOM,
including revenue recognition and project setup. Ensured company
compliance through ongoing auditing and implementation of SOX controls
and policies/procedures.
o Contributed to the successful integration of several organizations into
AECOM following M&As. Tasked to take the lead on several M&A
implementations and integrations; developed and implemented training
programs of incoming companies.
o Set up LLC, GAAP compliant accounting system, and DCAA audited financials
for a $200M international SOFA contract in Korea.
o Provided effective leadership to finance staff (built, trained, managed,
developed, and integrated teams) through five ownership changes and two
initial public offerings. Cut related finance operating costs by 30%
($800K) and improved productivity through effective staff restructuring.
o Significantly reduced DSO by 40% and saved millions of dollars by
redesigning and revamping the billing and collection process.
o Developed and presented financial, project management, risk management,
QMS, ISO, SOX, corporate policy, and contracting training programs for
the finance and operations staff.
o Saved the company hundreds of thousands of dollars in outside legal fees
and millions of dollars in settlements by working on lawsuits, claims,
and ADRs; utilized accounting skills to work with legal.
Resume Continues
Steven C. Favazza
954-***-**** ( *****.*******@*****.*** ( 2 of 2
Professional Background
AECOM / Metcalf & Eddy ( Sunrise, FL
A global leader of Design, Construction, and Management services in Water,
Wastewater, Environmental, Hazardous Waste, Infrastructure, Design Build,
CM, and other services. 45,000+ worldwide employees with projects on all 7
continents and 100+ countries as well as $6.1B in annual sales. A Fortune
500 company listed as the #1 Design firm in ENR.
Water Line Business Manager, 2009-2010 / Associate VP, 1996-2010
Assistant Secretary for Metcalf & Eddy, 1996-2010 / Finance Director, 1993-
2009
Financial Manager, 1990-1993 / Senior Accountant, 1987-1990
Served in progressively responsible roles. Oversaw the finance operations
for the most of the US (except for the New England area), Asia, and the
Pacific Rim with ~$200M in annual sales, 18 accounting professionals, and
over 20 major offices (and numerous satellite offices) as well as 14 active
JVs at any point in time. Provided operational oversight and assistance in
conjunction with regional and branch managers. Directed all financial
requirements; billing, AR collections, project setup, SOX/ISO/company
policy/GAAP/DCAA compliance audits, internal and external audits,
federal/municipal/private audits, AP, project reviews, month-end closing
and analysis, monthly forecasting and variance analysis, annual budgeting,
risk management, major proposal development, and claims management.
Assisted with lawsuits and ADRs, M&A and integration, major contract
negotiations and contracting, major proposal costing and pricing, ongoing
finance and operations staff development and training, and team building.
Partnered with operations on all issues and solutions, accounting system
changes/enhancements/upgrades, and company policy changes.
o Coordinated the Oracle conversion in 2009 to a new platform for the
Southwest Region and assisted the West and Pacific Regions. Developed
training materials and travelled across the US to several office
locations to train all staff in AECOM policies and the Oracle financial
system.
o Created and implemented new monthly project review process for all
offices following the AECOM's acquisition in 2009. Utilized past model
developed and implemented for previous assignments.
o Developed and established a new project accountant position for all
offices. Consolidated job functions and reduced staff 30% ($800K); cross
trained staff and expanded duties of local finance and administrative
staffs-increasing the financial efficiency for each office.
o Developed, trained, and instituted a new District Finance Manager role to
better serve the District management project staff. Trained existing
staff without increasing overhead costs.
o Ensured appropriate cost controls and efficiency. Developed and prepared
weekly and monthly financial reports for district, regional, and
corporate level management as well as detailed reports for staff level
and exception/summary reports for senior management.
o Reduced a region's overhead costs 20% ($5M) by implementing effective
cost-cutting measures, including the review of all leases.
o Served as Finance Manager for FEMA accounting for several AECOM OPCOs
nationwide, totaling $50M annually. Served as Finance Manager for
several Design/Build and Construction projects totaling over $600M as
well as on numerous task order contracts valued up to $110M (each).
o Led nationwide development, training, integration, and support of
finance, engineers, management, and administrators for three AECOM
acquisitions in 2009 and 2010-the Southeast Region was 90% new to AECOM.
Supported the successful conversion to a new financial system and ensured
consistent and accurate data and communication.
o Was responsible for $90M in bond issues, all financial reporting and
statements, and required fund payments-including debt service, O&M, and
equipment replacement funds.
o Assumed responsibility (as Principal in Charge) for several, multimillion-
dollar troubled projects; tasked with resolving client, financial,
contractual, regulatory, and technical issues. Key projects included a
GE Lighting plant wastewater treatment system installation in OH, a GATX
superfund site incineration and cleanup in PA, and new landfill
construction projects in OH and WI for Laidlaw and Waste Management.
Completed projects and met all requirements and objectives above.
Previously employed as Assistant Controller for Bursaw Oil Corporation
(Danvers, MA).
Education
B.S. in Accounting, Bentley University (Waltham, MA)