STEPHEN J. SACHMAN
Medford, NY *1763
http://www.linkedin.com/in/ssachman/
631-***-**** *.*******@*********.***
FINANCIAL ANALYSIS, PLANNING, & REPORTING
Meticulous Financial Analyst who undertakes complex assignments, meets tight deadlines and
delivers superior performance. Proven subject matter expert, resolving issues across multiple
departments including contracts, pricing, accounting, program management and manufacturing /
supply chain operations. Management Professional with leadership and training skills, motivating
colleagues to work collaboratively, and achieving company goals. Core competencies include:
Financial Analysis & Reporting Budgeting Forecasting Project Management Resource
Planning Training Skills Proficient in MS Office Suite; advanced Excel - Power Point - Word
PROFESSIONAL EXPERIENCE
EDO CORPORATION / ITT EXELIS INC., N. Amityville, NY 2007 – 2013
(EDO was purchased by ITT Exelis)
Financial Manager, Integrated Systems
Managed team of Program Analysts to track and analyze project performance on more than 50
projects, with values ranging between $1M to over $50M. Oversaw direct planning activities,
forecasting and tracking annual operating plan, including 5 year plan for sales and awards.
• Designed and implemented a streamlined EAC (Estimate at Completion) procedure, improving
project tracking and reporting ability, and reducing review times 25%.
Standardized EAC reporting package, providing ease of project evaluations.
Designed summary analysis reports that provide focus on key project elements in review.
Created linked Excel package of required templates and documents, ensuring all projects
reviewed had identical look and data.
Ensured that accurate records of expenditures and forecasting of allocated resources
maintained, providing direction in preparation of expenditures and variance analysis.
• Improved Program Management reviews and monitoring of project EACs, increasing operating
margin average by 10% greater than originally proposed.
• Designed standardized reports from Deltek Cost Point ERP system, creating consistent reports.
• Developed program schedules and Work Breakdown Structure using MS Project.
• Perform in depth contract analysis to ensure that agreed upon parameters adhere to government
cost control guidelines and adequate funding is maintained
• Designed, analyzed, and prepared a robust program management review package, improving
insight into technical and financial controls of programs and reducing review times 50%.
• Prepared monthly financial operations review package for senior management, downloading
data directly from Hyperion, reducing time to compile report from 5 days to 2 days.
Coordinated reporting required across 4 business units between US and UK.
Created reports for Vice President and business unit General Manager.
Incorporated reporting criteria including revenue, awards, margin, B&P, IR&D and accounting
elements (Accounts Receivable, Accounts Payable, Inventory, unbilled and cash), analyzing
actual expenditures versus forecasts from annual operating plan.
• Coordinated and compiled forecasted budgets for annual operating plan from multiple disciplines
(operations, engineering, finance and supply chain management), achieving established
schedules for inputs, analysis and review for submittal.
STEPHEN J. SACHMAN PAGE TWO
*.*******@*********.***
PARKER HANNIFIN CORPORATION, Smithtown, NY 1998 – 2007
(Electronic Systems Division)
Program Manager 2002 – 2007
Managed design and build of hardware deliverables including test equipment on F-35 Joint Strike
Fighter program. Coordinated engineering design data between Parker divisions nationwide as well
as outside companies and vendors, some with ITAR requirement / regulation. Managed several
development projects from design to production.
• Responsible for Program Management execution to company financial objectives and customer
delivery commitments.
• Developed program schedules and work breakdown structure using MS Project.
• Budgeted costs using EVMS techniques to maintain program schedule, budget guidelines, and
identify risk areas.
• Prepared and coordinated weekly program status meetings, monthly program management
reviews and quarterly financial reviews, managing project budget appropriately.
Senior Engineering Administrator 1998 – 2002
Prepared and analyzed project EACs on quarterly basis for multiple programs, both military and
commercial. Implemented and coordinated monthly program milestone tracking activities,
maintained project schedules and tracked actual expenditures versus plan.
• Prepared annual departmental operating budgets and analyzed quarterly, managing manpower
and material resources effectively.
• Developed and maintained project schedules using MS Project and Microframe MPM, and
update actuals vs. planed baseline
• Implement and coordinated monthly program milestone tracking activities.
NORTHROP GRUMMAN CORPORATION, Bethpage, NY
Senior Resource Analyst
Responsible for interdivisional finances for the Field Support Services division worldwide. CONUS
(Continental United States) sites were located nationwide at most Naval Air Stations. Worldwide
sites located in countries where Northrop Grumman products were sold.
EDUCATION
BBA, Business Management, Dowling College, Oakdale, NY
AAS, Manufacturing Engineering, Suffolk Community College, Selden, NY
PROFESSIONAL DEVELOPMENT/ CERTIFICATIONS
Value-Based Six Sigma (VBSS) Green Belt Certification, University of Michigan, 2011
Management Series Training Courses:
Understanding Overheads in Government Contracts
Foreign Military Sales Corrupt Practices
Independent Training Courses:
Managers Guide to Microsoft Project & Project Scheduler
Managers Guide to Pro-Pricer – Proposal Preparation and Evaluation