Management Sales

JOSEPH P. SAVIDGE, CPA

** ************ **** ***. (860) 673-

2027

Avon, CT 06001 Cell (860) 306-

8788

Email: *********@***.***

SUMMARY

Innovative Financial and Systems Executive with experience providing

innovative thinking and improving productivity through technology,

increasing profitability through financial modeling, and managing audit,

legal and banking relationships. Including:

- Contracts - System Implementation -

Performance Metrics

- Technology Management - Vendor Management -

SEC Reporting

- M&A Due Diligence - Capital/Expense Reduction

- Sarbanes/Oxley

EXPERIENCE

ING

Director, Technology Finance

2009 to Present

Lead a staff of 16 to manage all financial aspects of a half billion dollar

technology operation, the closing process, as well as allocation and charge-

backs to the business units. Responsible for accounting of technology

software, consulting, capital & project plans, forecasting, internal

controls, SOX compliance, Corporate variance reporting and auditor

interaction. Provide leadership to improve processes thru six sigma efforts

while increasing efficiency and reducing cycle time by removing waste from

processes.

. Met all budget & forecast results while implementing metrics to

improve management reporting.

. Led process improvement effort building team cohesion & reducing

rework by 25%.

. Responsible for outsourcing analysis reducing managed costs by $7

million.

. Strengthened accounting control environment to ensure the accuracy /

completeness of results.

Stanadyne Corporation

Consolidations and Financial Reporting

2008 to 2009

Provide leadership and responsibility for all SEC and internal reporting,

Sarbanes Oxley compliance and external auditor interfaces, as well as

implementation and assessment of new & existing accounting pronouncements

for an international public manufacturing company. Closed the corporate

books, prepared all consolidations, as well as managed foreign entity &

management reporting. Developed and monitored capital, operating and

strategic plans for domestic and foreign locations.

. Led the Sarbanes-Oxley scoping and testing effort to reduce external

testing & reduce cost.

. Managed compliance with SEC regulations ensuring accuracy/completeness

of consolidated reports.

. Performed impairment tests of intangible assets to reduce external

expert costs

. Visited foreign locations to improve recordkeeping and reduce close

cycle time

WEBSTER BANK

SVP Finance & Admin, Info Technology & Ops

2000 to 2008

Provided finance & vendor management leadership to technology, project and

operational functions, including daily accounting & finance, budgeting &

strategic planning, purchasing & contract management, and financial

decision analysis of $19 Billion financial services firm. This includes

leadership of $250 million budget, 500 contracts and 200 licenses, 800

vendors, strategic and sensitive operating platforms, and modeling

acquisitions thru due diligence and vendor reviews for new systems.

. Led purchasing function driving over $40MM of savings through

consolidation/negotiation.

. 16 Quarters history of meeting capital, operating, and project budgets

exceeding $250MM.

. Directed fiscal management of major conversion ensuring successful

migration on schedule & under budget.

. Prepared assessment on impact of significant conversion resulting in

$7.2M settlement.

. Led due diligence of 16 targets in acquisition, including transition

planning & cost analysis.

JOSEPH P. SAVIDGE, CPA Page 2

MOORE MEDICAL CORPORATION 1999 to 2000

Senior Vice President, Chief Financial Officer

Directed overall financial & strategic planning, operating performance, due

diligence, SEC reporting, regulatory compliance and sales bid/quote

management. Responsibilities included budgets, analysis, cash planning,

sales, purchasing and costing systems, M&A, IT and outside service contract

liaison for a $200 million public company.

. Managed M&A plan & structured, negotiated and finalized 2 ebusiness

acquisitions.

. Conceived and installed incentive program improving sales metrics and

performance.

. Restructured debt negotiated funding improving bank relationships

saving interest/fees.

ADVO, Inc., Windsor, CT 1993 to 1999

$1billion NYSE national manufacturing and distribution company with 90

locations.

Developed system of performance measures to centralize the functions of

distinct operating units and outsource the IT organization, while leading

due diligence reviews and daily finance function, including budgeting and

planning.

Vice President, Finance/Measurements (1996 - 1999)

. Performed over 6 acquisition due diligence reviews & managed closing

process.

. Led consolidation of remote financial operations into centralized shared

services.

Vice President, Internal Audit (1993 to 1996)

. Performed extensive due diligence, reporting results to Board and senior

management.

. Initiated programs using external/internal expertise to increase

coverage and reduce costs.

. Capitalized on technology to increase productivity and management,

reducing rework.

PRICEWATERHOUSECOOPERS 1983 to 1993

Senior Manager

Managed audit, tax and consulting services at major clientele in the NY

office including CBS Inc., NYNEX Corporation, AIG, American Museum of Nat'l

History in addition to 20 other fortune 500 companies. Primary focus was

on due diligence, divestitures, SEC reporting, control environments, re-

engineering and net asset reviews.

Experience in Assessing Acquisition Targets and Protecting Assets in

Divestiture

0. Led multi-talented teams in 24 due diligence reviews of target companies

up to $2 billion.

1. Assisted in major divestitures identifying and supporting over $350

million in adjustments.

2. Developed technical accounting merits of purchase adjustments in

successful arbitration.

3. Conceived and directed special reviews, investigations, net asset and

allocation audits.

Comprehensive Knowledge of Internal Controls, SEC and System Process

Experience

4. Prepared S-1 documentation and participated in "roadshow" for 7 IPOs.

5. Designed detailed control programs to safeguard assets during

sale/purchase transitions.

Streamlined billing process for national company with 7,000 customers to

reduce costs.

Assisted IT management in the design of controls for $50 Million cellular

billing system.

EDUCATION AND AFFILIATIONS

Webster Mastery Program, University of Connecticut, GPA 4.0

M.B.A., Finance, Rensselaer Polytechnic Institute - 1998 with honors

B.S., Accounting, Pace University, 1983 (Summa Cum Laude)

CPA - New York, January 1986, member AICPA, New York State Society of

CPAs

Board Member - Southern New England Chapter of Internal Auditors

1995 Company Chairman - United Way/Combined Health Appeal (achieved 100%

participation)

Published - February 2008 The Journal of Accountancy, May 2008 The CPA

Journal

Contact this candidate