THOMAS J. VITTI

* ********* **** *******, ** ****4

Mobile: 203-***-**** / Email: ac6njl@r.postjobfree.com

SUMMARY

Thirty years of management experience in diverse industries with expertise in financial/accounting management, operations management and human resources.

QUALIFICATIONS

Strategic Visionary, building consensus for positive change and shared objectives.

Excellent leadership skills providing clear direction and guidance

Outstanding team building skills working cross functionally with business units.

Strong advocate of performance excellence and continuous improvement.

EXPERIENCE

Fareri Associates, Greenwich, CT – A real estate development firm with properties in Greenwich, CT and Westchester County New York

Controller: 2/2012 – 12/2016

Reported directly to President and owner.

Managed a staff of five employees with responsibility for general accounting, financial reporting, payroll, expense reporting, cash flow management, human resources, health and property and casualty insurance and bank relationships.

Track, control and monitor all construction projects/budgets using QuickBooks.

Issue variance reports to keep projects within budget.

Prepared, tracked and monitored the annual operating budget including variance reports for the company's hotel and restaurant subsidiary.

Performed due diligence to support company acquisitions.

Managed key HR functions including recruitment, employee relations, policies and procedures, benefits administration and compliance with employment law.

Loewen Development, Port Chester, NY – A real estate development firm with properties in New York City

Controller: 4/2008 – 3/2012

Report directly to the President & CEO with projects up to $65 million in value.

Manage a staff of two employees with responsibility for general accounting, financial reporting, payroll, expense reporting, cashflow management, and bank relationships.

Develop relationships with lending sources to secure funding for multi-million dollars projects.

Track, control and monitor all construction projects/budgets using timelines and QuickBooks.

Issue variance reports to keep projects within budget.

Review all pricing/job estimates to validate costs and projected margins.

Acquired additional funding with cost effective terms and conditions.

Spearheaded the conversion of Timberline Software to track and control large projects.

Consultant: 5/06 – 4/08

Provided financial consulting services.

Key catalyst in the set-up of a job costing system.

Negotiated with banks to secure a $3 million line of credit

Peckham Industries, Inc., White Plains, NY – A $220 million holding company with twelve subsidiaries specializing in construction management and materials.

Treasurer / Secretary / CFO: 9/1996 – 5/2006

Directed a team of eleven professionals with oversight for accounting, financial reporting, cashflow management, and cash investments.

Served as Secretary with responsibilities for policies, by-laws, annual meetings and board meetings.

Directed all financial consolidation and reporting, including P&L statements for 36 operating units.

Interfaced with outside CPA firm on all financial reporting.

Prepared, tracked and monitored the annual operating budget including variance reports.

Managed bank relationships and secured credit lines to support business development.

Spearheaded information technology initiatives including installation of “MAS-500” (Best Systems) and Library System, a scanner based system to integrate invoices into business unit P&L’s.

Performed due diligence to support company acquisitions.

Served as Compliance Officer for anti-trust and Sarbanes-Oxley.

Part of executive strategic planning team growing annual revenues from $60 million to $220 million.

Directed human resource functions for a workforce of 250 employees.

Oversaw consolidation after corporate mergers with no staff increase.

Managed key HR functions including recruitment, employee relations, policies and procedures, benefits administration, and compliance with employment law.

Oversaw 401k and pension plans, ERISSA and 5500’s.

Part of a three-person committee to direct self-funded health insurance.

Executive committee member charged with 401(k) and pension plan administration working with Fidelity and Merrill Lynch.

Castle Oil Corporation, Harrison, NY

Vice President and Treasurer: 1992-1996

Directed a professional staff with oversight for accounting, financial reporting, payroll, cash flow, asset management and budgeting.

Managed bank relationships and negotiated a $135 million line of credit.

Negotiated a $38 million revolver financing with three banks requiring a five-year strategic business plan.

Negotiated an $8 million commercial mortgage on a company owned property.

Prepared the company’s first annual operating budget to include departmental cashflow analysis.

Led efforts to purchase and install Windows based time and attendance and human resources payroll system saving $150k a year.

Set-up and served as trustee for profit sharing and 401(k) plans.

Developed a return-on-investment report to evaluate the performance of the company’s outside investments.

Worked in collaboration with CEO and senior executives to develop strategic business plans.

Helped shape an executive decision-making process with a focus on ROI, positive cashflow and cost justification, resulting in greater levels of accountability in P&L.

EDUCATION

Villanova University, Villanova, PA - Bachelors of Science in Accounting

ORGANIZATIONS

Professional/Civic Organizations

Director, Westchester Gateway Chapter of Institute of Management Accounts

Advisory Board, Lighthouse of Westchester County

Town Committee, Special Olympics for Stamford CT

Advisory Board, The First Bank of Greenwich

References Available Upon Request

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