FABIAN SEEMUNGAL
**** ********* *****, *********, ** 43725 ? 702-***-**** ?
**********@*****.***
project controls / audit
PROFESSIONAL SUMMARY
Expert in: Construction Audit ~ Accounting ~ Budget Management ~
Construction Projects
Proven, high-energy professional who leads groups through change and
challenge to profitable growth. Strategic problem-solver who envisions
smart solutions and executes with urgency across all levels of the
organization. Hands-on leader with extensive construction audit services
experience who is an outstanding strategist able to implement cost control
initiatives to effectively improve business practices and executive
significant cost saving measures in highly competitive markets. Skilled in
negotiating partnerships and alliances with a keen ability to capture
opportunities and catapult new ventures.
CORE COMPETENCIES
Cost Control Initiatives ~ Budget Management ~ Project Controls ~
Technology ~ Construction Audit Services ~ COSO
Capital Projects ~ Internal Controls ~ General Accounting ~ Payroll ~
Insurance ~ Labor Costs ~ Financial Analysis
Financial Risk Assessments ~ Financial Reporting ~ Taxes ~ Capital Programs
~ Policy Development ~ Strategic Planning
Fraud & Forensic Investigations ~ Financial Reporting Audits ~ Team
Development & Leadership ~ Communication
PROFESSIONAL EXPERIENCE
mgm mirage, Las Vegas
2005 - 2010
Director of Construction Management and Finance, 2007-2010
Earned fast-track promotion based on strong performance in construction
management, audits and cost saving measures. Oversaw cost auditing of more
than 20 projects and eight Guaranteed Maximum Price contracts. Evaluated
and reported cost and performance metrics for award, implementation and
improvement of contract deliverables. Performed due diligence exercises for
senior management, including change order management, budget increases, non-
conforming work, owner controlled insurance program and onsite construction
equipment. Implemented and redesigned business processes to enhance
effectiveness, efficiency and compliance of internal controls based on
current industry standards and managed the close-out process of $9B in
design, third party and subcontractor costs. Supervised and monitored
deficient scopes of work performed by subcontractors and designers,
assessed at $52M.
Key Achievements
. Fully responsible for the expert analyses and audits totaling a
proposed aggregate of approximately $94M in savings and deductions.
. Evaluated, negotiated and adjusted payroll, taxes and insurance for
all labor costs in order to reflect an accurate representation of
actual costs, ultimately reducing overall cost commitment by $36M.
. Trusted to review and recommend change order request submitted by
subcontractors, totaling a cost deduction of $16M.
. Established the Global Equipment Program ensuring the lowest equipment
rental rates were obtained by subcontractors, which led to $8M in
savings.
Internal Audit Manager - Construction and Real Estate, 2005-2007
Leveraging broad competencies in operations management and auditing,
oversaw functions while developing and assessing business processes and
controls. Investigated and analyzed construction claims and audits by
identifying discrepancies and recommending potential resolutions. Assessed
and evaluated large-scale capital projects and capital programs to ensure
procedures were compliant with company policies and legal standards.
FABIAN SEEMUNGAL
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Key Achievements
. Saved company $5M through the expert review and amendment of employee
salaries and consultant and general contractor bonuses.
. Hand-selected to calculate progress and performance by element,
analyze productivity metrics, issue project variances, perform trend
analysis, develop and integrate manpower and commitment forecasts,
identify and mitigate risk and issue Project Controls deliverables.
. Key contributor to the review, analysis and reengineering costs of
large-scale construction projects through the execution of consistent
audits and involvement in special projects.
gallagher's CPA, New York City, NY
2000 - 2005
Senior Associate
Progressive record of responsibilities culminating as Senior Associate,
researching and consulting on an extensive array of internal audits and
controls, forensics and construction audit services for a diverse range of
industries. Analyzed complex data obtained for evidence of deficiencies in
controls, duplication of effort, extravagance, fraud or lack of compliance
with laws, government regulations and management policies/procedures.
Key Achievements
. Accountable for the performance of construction audits and advisories,
such as contract compliance, COSO-based enterprise financial risk
assessments, financial reporting audits and fraud and forensic
investigations.
. Successfully delivered exclusive special studies for clients that
exposed mechanics of detected fraud and developed controls for
prevention of future fraud.
EDUCATION AND PROFESSIONAL DEVELOPMENT
B.S. Accounting, Economics and Finance, College of Staten Island
Affiliations:
Member, The Institute of Certified Internal Auditors
Member, Association of Certified Fraud Examiners
Training:
Cost control management
Diversity awareness in a complex organization
Human resources management
Project schedule management