Alek D. Padgett
***** ******** **** ***** ****: (202) 603 – 2244
Brandywine, MD 20613 ************@*****.***
PROFILE
Financial Manager with 20 years of corporate accounting and management experience. Expertise in
Fiscal management and financial reporting. Proven track record of developing and implementing
Financial and operational controls that improve profit and loss. Directed the management of
change, while articulating the principles of strict fiscal control and accounting. Blended well-
developed business acumen with the ability to perform highly visible roles in a rapidly changing
business environment.
CORE COMPETENCIES
Cost Accounting
Program Management
Financial Modeling
Oracle Federal Financials
Budget Formulation and Management
Program Performance
Financial Reporting
EDUCATION
GEORGE WASHINGTON UNIVERSITY, Washington, DC
Finance
UNIVERSITY OF MARYLAND, Tokyo, Japan
Accounting
GEORGE MASON UNIVERSITY, Herndon, VA
Contracting with Federal Government Series Certificate.
Accounting for Federal Contracts (Audits)
Federal Acquisition Regulations (FAR)
Timekeeping and Labor Regulations
Cost Accounting Standards (CAS)
Federal Procurement Cycle
TECHNICAL SKILLS
Deltek Costpoint, Deltek GCS Premier, IBM Cognos, SQL, Oracle Financials, MS Project
MS Excel (Advanced), IBM Rational ClearCase, IBM Rational RequistitePro, Tableau.
Operating Systems: Windows, NT, 2000/2003, Novell 4.X, 5.X, familiar with Linux, UNIX, and Apple
PROFESSIONAL EXPERIENCE
Actionet, Washington, DC 2016 – Present
Finance Program Manager (Department of Energy Office of CIO)
Increased client revenue by maximizing billable services and recommending procedural changes for current clients.
Rolled out web-based budget and forecast collection tool (Cognos), managed data transition to database and presentation in end-user analytics and reporting tools.
Reviewed monthly financial results and provided analysis for divisional budgets and forecasts to management.
Successfully implemented financial projects for multiple departments.
Created cost-benefit analysis to identify potential risks and opportunities.
Participated with other senior leaders to establish strategic plans and objectives.
Developed direct relationship with customer CIO providing weekly budget and forecast reviews.
Advised department executives on spending variances, providing budget analytics and strategic solutions for cost control.
Reviewed and prepared financial statements including balance sheet, income statement, and cash flow projections.
Streamlined processes enabling departments to reduce time needed to do month end closing tasks.
Created a dynamic budgeting & planning process with a focus on flexibility during rapid growth and constant rapid change across the company.
Established strong controls over cash, and financial reporting.
Created common operating metrics for all projects that led to improved accountability for operations.
Rebuilt the finance function, implemented formal budgeting, forecasting and reporting systems to measure and communicate performance.
Effectively coordinated with operating divisions to shorten the reporting process for monthly closings and improve forecast accuracy.
Chevo Consulting., Washington DC 2014 – 2016
Senior Finance Manager (Department of Justice Office of CIO)
Developed comprehensive cost allocation models for Department of Justice Programs, resulting in clearly defined allocation methodologies in compliance with Federal guidelines.
Conduced financial audits with various auditors and funding agencies.
Manage internal control system, internal audit review, recommend areas for improvement both financial and operational, develop and establish new policies and procedures.
Established performance standards and expectations for staff, review work assignments both in-progress and when completed.
Complete detailed analyses of fixed asset general ledger accounts, and forecast depreciation expenditure on a monthly, quarterly and annual basis.
Coordinate the end of month closing process to ensure all corporate deadlines are met and information is presented in accordance with GAAP.
Perform database management and support for financial applications (SQL) and oversaw financial statement reporting and analysis; implemented a general ledger system using Oracle.
Analyze quarterly and annual financial statements using trend, variance and what-if scenarios and generated specialized ad-hoc reports for senior management.
Responsible for internal and external accounting, reporting, and financial analysis.
Integrated Finance & Accounting Solutions, Woodbridge, VA 2013 – 2014
Senior Finance Manager (Department of Treasury)
Developed and directed financial management programs including management of the bureau administrative appropriations within divisional boundaries.
Advised coordination among senior management on financial management related matters and
budget reporting.
Conducted meetings to understand client needs to resolve issues for Financial Statements presentation.
Reviewed financial statements and analyzed costs, expenses, and tax rates for all business units.
Analyzed and made recommendations resulting from new and proposed legislation, regulations, or other Federal initiatives that affected the Department of Treasury financial resources.
Ensured the maintenance and execution of a comprehensive long range planning system.
Directed the preparation of the performance metrics for Department of Treasury Annual Financial Report (AFR).
Advised senior management on interpreting cost allocation data and the impact of changes to costs and volumes.
Implemented automated dashboard solutions for operational cost accounting reporting for Legacy Financial Management Service projects and Legacy Bureau of Public debt.
Reviewed systems for adequate management controls, and ensured compliance with policies, regulations, and accounting principles.
Indus Corporation., Washington DC 2011 – 2013
Business Financial Manager (Department of Transportation)
Managed monthly and annual accounting close, reconciling, and reporting on accruals, variances, as well as monitoring of work in progress analyzing costs and processes against plan.
Managed daily Accounts Receivable processes, preparing customer statements, bill and invoices, and reconciled expenses to the general ledger.
Prepared and performed analysis of Financial Statements and prepared reconciliation statements on a monthly and quarterly basis.
Compiled and reviewed complex data to assess multimillion-dollar accounts and business units.
Managed a team of 8 FTE that supported all cost accounting functions for the Federal Highway Division.
Responsible for the Procurement and Acquisition management for the Department of Transportation.
Managed the development of operating budget of $400M and the distribution of financial resources.
Performed all cost accounting functions, standard cost development for profit plan, and general ledger account.
Performed analysis of variances and discrepancy between budget and actual expenditures.
Responsible for tracking program costs/schedules and providing weekly and monthly cost/schedule reports to the Department of Transportation.
Managed cost budget to allocate overall cost estimate to individual tasks.
Controlled and administered the use of appropriated funds with Oracle Financials Delphi System.
Extensive knowledge of the FAR and agency’s policies and procedures.
Responsible for managing program offices in developing strategies, statement of work, cost estimates, and business cases that support acquisition decisions.
Played key role in providing acquisition support for major system acquisitions and full life-cycle acquisitions.
Applied principles of cost accounting to provide detailed cost information for senior management.
Conducted quantitative analysis of financial data to forecast revenue, identify future trends, and assess risk associated with capital expenditures, acquisitions, and joint-venture projects.
Designed and implemented new financial data infrastructure and tools that optimized financial planning analysis processes.
Developed and validated loan level forecasting models, portfolio reporting and analysis, and provided cross-functional analytical support.
Supported business line strategic initiatives, including product and channel profitability analysis.
Strong analytical skills that support business operations through analysis of key performance indicators and trends.
High Performance Technologies, Inc., Arlington, VA 2010 - 2011
Senior Financial Analyst (Department of Veterans Affairs)
Prepared monthly financial results, budget and quarterly rolling forecasts for the Department of Veterans Affairs.
Performed data analysis to support strategic goals, service delivery, and operations and monitor performance against contractual and strategic goals.
Drove system-wide performance improvement initiatives, synthesized quantitative and qualitative information to communicate status, progress, deliverables and resource requirements.
Communicated performance measurements to Senior Management accurately and efficiently in a detail oriented manner.
Designed and maintained QC databases, spreadsheets and other data management systems to support organizational performance, quality management, process improvement, risk management and outcomes data management.
Successful implementation, analysis and management of new accounting systems and procedures, including systems integration.
Managed 7 FTE that supported all accounting functions for the Department of Veterans Affairs.
Produced monthly cash forecasts and developed improvements to the forecasting model.
Designed appropriate cash management structure, obtained management approval for required level of staffing with budget.
Developed budget of $300M.
Maintained standard cost systems, annual coast revaluations, and annual standard updates.
Managed a wide range of standard cost accounting functions supporting different federal programs.
Developed management tools to measure and analyze financial and operational information.
Created new cost controls resulting in a decrease of 5% in operating expenses.
Monitored expenses to ensure compliance with budget by performing monthly variance analyses.
Coventry Healthcare, Harrisburg, PA 2008 - 2010
Senior Financial Analyst
Verified and evaluated ongoing financial and utilization information, risk-share deals, specialty capitalization deals, and interpreted trends to identify variances and causes.
Performed analysis to align operational and financial resources with growth objectives.
Developed management tools to measure and analyze financial and operational information (e.g. financial ratios, key performance indicators, sales forecasting platform, integrated budget model, product pricing, and management reports).
Developed and managed complex excel-based financial models.
Reviewed financial statements and analyzed sales revenues, costs, expenses for all business units.
Served as SME (subject matter expert) with total responsibility for budgets of $8M and $17M.
Streamlined the monthly close and reporting process resulting in reduction in close time.
Performed cross-training to better track receivables, resulting in 45% reduction in 90 day aging, 75%
reduction in 180 day aging. Eliminated projected additional headcount resulting in significant cost
savings.
SAIC, Camp Hill, PA 2007 - 2008
Project Control Analyst III (Department of Defense)
Responsible for program controls which included scheduling and managing resources in MS Project.
Completed project planning and controls to include earned value management, cost analysis and base lining of programs.
Steering processes to capture costs and cutting costs in non-value additional activities.
Extensive experience in costing, cost control, and budgeting.
Analyzed cash flow and profitability for multiple projects in Kuwait and Iraq totaling $500M
Responsible for proposal planning and management which included defining proposal structure with program managers and ensuring basis of estimates are completed.
Responsible for integrating cost in addition to development and maintenance of schedules and their associated metrics, as well as conducting appropriate analytical review of program development to ensure successful on-time completion.
Assisted program manager with program cost controls to include reporting of weekly actual hours.
JANEY MONTGOMERY SCOTT, York, PA 2001 – 2002
Financial Consultant
METLIFE FINANCIAL SERVICES, York, PA 1996 - 2001
Senior Sales Manager
U.S. AIR FORCE, Yokota Air Base, Japan 1992 – 1996
Budget Analyst