Greg Buckis, CPA
** ******* **** ***: 203-***-****
Huntington, CT 06484 *******@***.***
EXECUTIVE SUMMARY
Senior Finance Executive and strategic business partner focusing on key
business drivers to grow profits and improve operational results. Strong
track record in the areas of problem solving, communication and analysis,
strategic planning, capital structure, mergers and acquisitions, investor
and banking relations, cost right sizing, mentoring and developing
leadership, and negotiating contracts. In-depth understanding and
experience in SEC reporting and public offerings. Noteworthy
accomplishments:
. Corporate Governance: Presentations to Finance, Compensation, and Audit
Committees to the board of directors. Informed the board of strategic
financial direction and reporting results and issues.
. Strategic Partner: Facilitated due diligence for acquisitions and
provided insight into key synergies for accretive deals. Supported
restructuring, treasury and tax to improve liquidity.
. Financial Planning and Controllership: Lead strategic financial planning
and controller functions for internal and external reporting providing
vital data to the operating managers and board.
. Investor Relations: Participated in investor conferences attended by buy
side and sell side analysts.
. Operations expertise: Negotiated large contracts and partnered with the
CEO and CFO to provide metrics for business growth, process and systems
improvements and operational efficiencies.
EXPERIENCE
USPowerGen, New York City, NY
2008 - Oct 2009
$1.2 Billion electric power generator with plants in Astoria, NY and
Boston, Massachusetts.
Vice President and Chief Accounting Officer
Responsible for all internal and external reporting, Sarbanes Oxley
compliance, board and audit committee presentations, tax and S-1 filing to
take the company public.
. Supported restructuring with external consultant, equity owners and first
and second lien holders
. Instituted automated archiving and retrieval of journal entries and
invoices to save time and cost
. In-sourced accounting derivative and reporting team saving $1.8 million
annually
. Created new internal and external reporting system with robust variance
and analytics process
. Implemented Hyperion reporting software for reporting and consolidation
. Participated as a key member of the risk and pension committees
. Supported treasury with overall collateral threshold, debt schedules and
loan covenants
. Reviewed commodity hedge and interest swap ISDA's for overall risk and
collateral requirements
Open Solutions, Inc., Glastonbury, CT 2007 - 2008
Multimillion-dollar international technology private equity owned banking
software company specializing in e-business models and applications for
community financial institutions
Vice President and Corporate Controller
Responsible for improving and developing organizational and staffing
practices, supporting M&A and divestiture activity, as well as supervising
70 staff members, including reporting, budgeting, fixed assets, tax,
billing, accounts receivable and payable, compliance, and procurement
. Implemented standard accounting policies and procedures to mitigate
complex SOP 97-2 software revenue recognition issues and initiated a
solution to capture revenue per the GAAP
. Devised successful procedures to accelerate billing by 40 days per
invoice and improve cash flows, which saved more than $400K in annual
interest expenses
. Managed cash flow models and approved and disbursed all cash payments
. Communicated critical financial information to the private equity board,
and evaluated SEC reports for public debt holders
UIL Holdings Corporation, New Haven, CT 2003 - 2007
Billion-dollar energy utility and service company holding organization
(subsequently divested eight construction and three system integrations
companies)
Vice President and Corporate Controller
Responsible for directing all strategic financial planning, tax and capital
management, and accounting functions to ensure regulatory and SEC
compliance for internal and external reporting
. Developed and maintained the Sarbanes-Oxley 404 Internal Control
Compliance Program
. Filed FERC and DPUC rate case materials and annual and quarterly reports
. Lead and negotiated a securitized bond debt agreement with a group of
bankers
. Organized and presented vital financial details to the Board of
Directors' Finance and Audit Committees, and introduced strategies and
plans at investor, banking, and rating agency meetings
. Enhanced the SEC reporting process, and successfully carried out an SEC
and PCAOB evaluation
. Analyzed underlying profitability leading to the sale of several
businesses.
. Eliminated defined benefit underfunding situation by converting to a
defined contribution plan.
NASDAQ Stock Market, Inc., Trumbull, CT 2000 - 2003
Global $850M electronic stock exchange
Vice President-Controller
Responsible for creating the staffing and infrastructure for the accounting
and procurement departments during the company's spin-off from its parent,
the National Association of Security Dealers
. Managed an analyst team to ensure that technology costs were controlled,
booked, and reported according to the Generally Accepted Accounting
Principles (GAAP)
. Participated in creating a $150M credit line with several investment
bankers and senior executives
. Prepared the annual budget process, financial forecasting, and monthly
variance reports
. Coordinated with internal and external auditors to guarantee accurate and
timely SEC filings
. Facilitated the company's first initial public offering (IPO)
. Reduced technology expenditures by $150M over a two-year span
. Negotiated large successful computer hardware, software, and maintenance
procurement contracts, decreasing expenses by 30-40%
. Served on the London Stock Exchange merger and acquisition executive team
Science Applications International Corporation, Falls Church, VA 1996 -
2000
Global $6B technology company providing scientific, engineering, systems
integration, and technical services and solutions
Vice President of Administration and Group Controller
Responsible for directing all financial management and administration for a
$245M division
. Generated and submitted the annual business plan, monthly financial
statements, overhead budget and tracking, and fixed asset reports
. Managed internal processes for at-risk contractual work, pricing and
proposal reviews, and financial effects of operational decisions
. Acted as a financial liaison for strategic mergers and acquisition
arrangements
. Achieved and exceeded annual profit goals throughout five-year tenure
. Initiated a training program for revenue recognition improving the
quality of financial records
I-Net, Incorporated, Bethesda, MD 1995 - 1996
$450M integrated computer solutions, telecommunications, and engineering
services company
Financial Manager
Responsible for developing budgets and forecasting systems for major
network outsourcing contractors for the purpose of presenting pre-IPO
information to the investment community
. Produced rates and financial summary materials, and analyzed all profit-
and-loss information for programs, pricing data, new bid details, and
core business requirements
. Supported the S-1 development for pre-IPO, and improved business and fee
practices, which saved approximately $2M for each acquired contract
Laboratory Corporation of America, Herndon, VA (Controller) 1993 - 1995
Martin Marietta, Lanham,MD / Chantilly, VA (Finance Manager) 1984 - 1993
Advanced Technology, Incorporated, Reston, VA (Financial Analyst) 1982 -
1984
EDUCATION
Masters of Science, Finance, 1987 - University of Baltimore, Baltimore MD
Bachelors of Science, Management and Marketing, Cum Laude, 1982, Va Tech,
Blackburg, VA