Todd H. Davachi
** ****** ** **** ********, Apt.106, West New York, NJ 07093 . 202-***-****
(c) . ********@*****.***
FINANCE EXECUTIVE
High performing finance professional with a demonstrated track record of
achieving results, fostering teamwork and promoting change. Rapid,
successive promotions highlight leadership qualities, goal-oriented
behaviors and strong analytical skills. Demonstrated professional
strengths include:
. Strategic and Financial Planning
. Financial Reporting and Performance Management
. Acquisition Integration and Process Improvements
. Treasury Management
. FX and Commodities Risk Management
. Financial Controls and Sarbanes-Oxley Compliance
PROFESSIONAL EXPERIENCE
Financial Consultant, 2008 - Present
Consultancy directed at designing, developing and improving processes
within Corporate FP&A and Treasury functions
. Financial Planning and Analysis: Developed long-range strategic plans,
annual operating plans (budgets), monthly and quarterly forecasts,
metrics analysis (ROI, IRR, NPV), cost analysis and decision analysis
. Treasury: Developed framework for analyzing and mitigating foreign
exchange risk
HONEYWELL INTERNATIONAL INC, 2003 - 2008
Diversified technology and manufacturing leader with sales of $37B
Promoted to support HON CEO and CFO - Lead AOP for HON and company-wide
Finance Strategic Initiative
. Led Honeywell's consolidated Annual Operating Plan (AOP: $37B in sales)
and presented final P&L and FCF plan to Chairman and CEO - Conducted in-
depth business reviews and forecasts on all four HON operating segments;
reviewed operational performance plans and vetted financial projections
with segment CEO's and CFO's; set sales, operating income, free cash
flow and working capital turns targets for consolidated HON and each of
the four operating segments
. Commended by Chairman and CEO for quality and efficiency of AOP process
- 1 month cycle-time reduction
. Responsible for preparing and presenting month-end and quarter-end
consolidated P&L and FCF to CFO and highlighting risks and opportunities
to plan/guidance for sales, segment profit, below-the-line charges, taxes
and net income - Worked with cross-functional teams and operating
segments to optimize quarterly P&L and FCF performance
. Conducted first FCF forecasting review by segment and presented
findings/recommendations to CFO & Finance Council
. Prepared detailed monthly and quarterly financial variance analyses and
complete financial materials for earnings releases
. Led first comprehensive analysis of Honeywell's captive finance company
and presented findings to CFO
. Developed and implemented the Indirect Spend Initiative - Designed the
financial reporting parameters / metrics and presented monthly variance
analyses to the Senior Executive Team - Achieved annualized saving target
of $350M
. Contributed to the Procurement Council's Category Strategy Development
initiative aimed at optimizing indirect costs and developed savings
tracking methodology - BRONZE BRAVO award for contribution to the
initiative
. Established and led the first commodity risk management review with the
Senior Executive Team- Identified, quantified and calculated earnings-at-
risk across all commodities and all business units
. Developed CFO's presentations for Board of Directors, Earnings Releases
and Senior Leadership Meetings
. Taught Leadership & FP&A course as part of the Finance Academy - SILVER
BRAVO award for outstanding contribution
Manager - Corporate Finance, 2005 - 2006
Promoted to lead Global Foreign Exchange and Commodities Risk Management
. Winner - Silver Medal, Alexander Hamilton Award (Treasury Risk Management
Magazine) for use of technology in Treasury - Award for best-in-class
seamless systems integration of foreign exchange business-cycle
processing
. Actively managed $3B share repurchase program (34% IRR) - Daily reporting
and analysis to CEO and CFO
. Responsible for $30B global foreign exchange risk management - Reporting,
trading, analytics and modeling
. Designed integrated FX process systems- Reduced monthly FX cycle-time
from 7 days to 2 days, quarterly FX cycle-time from 15 days to 2 days and
reduced headcount by 1 FTE - Enabled intranet reporting of worldwide
exposures, netting of currency pairs, analyses of forecasts vs. actuals,
execution of quarterly updates and sensitivity analyses
. Traded anticipated FX transactions and balance sheet exposures in 36
currency pairs using FX forwards and swaps
Todd H. Davachi - Page 2
. Responsible for global commodity risk management - Developed hedge
strategies for base metals, precious metals, energy and precious metals
leasing - Actions and advice led to $500M of commodity risk mitigation
. Analyzed, planned and executed FX and commodity integration for newly
acquired businesses - Integrated six acquisitions into the Honeywell FX
and commodity programs without increasing headcount
. Created, sponsored and delivered FX risk management training in 11
countries in EMEA and AP - GOLD BRAVO award for initiative, curriculum
development and fostering education
Senior Financial Analyst - Corporate Treasury, 2003 - 2005
. Managed the $1.5B share repurchase program - Analyzed EPS and credit
impact of share repurchase strategies
. Executed the Treasury integration for the $2B Novar acquisition which
included unwinding intercompany loans and foreign exchange net investment
structures in a tax efficient manner and integration into Honeywell's
process
. Analyzed and executed commodity hedge transactions and ensured compliance
with FAS133
. Co-sponsored and presented commodity hedging strategies at Honeywell
International Metals Conference
. Participated in the Honeywell Global Learning Program and taught classes
in Finance Fundamentals and Controllership - SILVER BRAVO award for
curriculum development
. Led the implementation of intercompany loans in the Quantum Treasury
Management System - SILVER BRAVO award for timely implementation and
execution
. Responsible for the Sarbanes-Oxley documentation and controls related to
financial hedging transactions
INDEPENDENT EQUITY TRADER, 1999 - 2001
Equity Trader, 1999 - 2001
. Traded equities and options, both long and short, on the NASDAQ and NYSE
and achieved total returns of 57%
. Developed black box programs using fundamental and technical analysis to
maximize returns
SONIX INC (Subsidiary of DANAHER CORPORATION), 1996 - 1999
Lead Project Mechanical Design Engineer, 1998 - 1999
Mechanical Engineer, 1996 - 1998
Designed motion control systems for the development of ultrasonic non-
destructive inspections systems
. Promoted to highest design position within two years
. Headed Research and Development projects involving alternative designs,
high-speed motion control systems and complex fully-automated integrated
chip inspection systems
. Designed and implemented a new standard product line of scanners, which
reduced costs by 31% and decreased production cycle time by 40%
. Designed the following from concept to final product: Custom high-speed
scanners, large industrial turntables and motorized manipulators.
Customers included: NASA, MIT, NAVY, Intel, TI and the Hanford Nuclear
Facility
EDUCATION, COMMUNITY & OTHER
MBA, Finance and Financial Engineering, 2003
ROBERT H. SMITH SCHOOL OF BUSINESS, UNIVERSITY OF MARYLAND
MAYER FUND (University of Maryland's Endowment Fund) - Technology Equity
Research Analyst
Bachelor of Science, Mechanical Engineering, 1994
UNIVERSITY OF MASSACHUSETTS AT AMHERST
BAHA'I WORLD CENTER, Haifa, Israel
Voluntary Service Assignment, 1994 - 1996
YOUNG PROFESSIONAL GROUP, Washington, DC
Co-Founder - Promote professional development and education for under-
privileged youth
Fluent in French and conversational in Lingala (Lived in DR Congo for 15
years)
Hyperion Financial Management, Bloomberg, Reuters, MS Office (Excel,
PowerPoint, Word), Quantum SunGard, FXall