JOSEPH PATTI

CCIFP, CPA, MBA

*** ****** ******

Westwood, NJ 07675

201-***-****

adz1qm@r.postjobfree.com

EXPERIENCE

June 2022-Present Central Turf and Irrigation Supply – Chief Financial Officer

Elmsford, NY

Compile financial results/KPIs monthly ($200m annually) for analysis discussion with management at this large distribution company.

Report to President and CEO of the company in all aspects of the business.

Instituted monthly results meeting with regionals to discuss ways to improve profits.

Improved financial closing time to 5 business days through streamlining processes.

Conferred with tax advisors and insurance brokers regarding the award of business.

Valued potential acquisitions through financial and SWOT analysis.

Negotiated and finalized terms for lease renewals for over 40 stores in 15 states.

Implemented a company budget for the first time in over 10 years.

Trained management in interpreting financials and tracking trends.

Acted as safety committee chair and restarted safety committee after 4-year absence.

Investigate accidents, provide mitigating toolbox talks and advise CEO on actions.

Oversee 401k and profit-sharing program.

Evaluate credit for customers, assisting with collections when needed.

Assisted in getting ERTC credits for company through fact finding for consultants.

Review sales tax returns for all 15 states we file monthly, Canada HST/GST as well.

Providing alternatives for medical plan, creating potential significant savings

November 2017-June 2022 Consolidated Flooring – Chief Financial Officer

Carlstadt, N.J.

Worked with all auditors and ran annual financial review for a $110m company, growing from $90m during my tenure at this large flooring company.

Essential in acquisition in Chicago and integrating into main company structure.

Spearheaded conversion to Viewpoint Vista for financial accounting package.

Acquired over $25m in PPP/ERTC funds for all related companies.

Formalized budget process, making department heads responsible for their budgets.

Cut $150k in insurance and risk management policy costs through negotiation.

Slashed $300k in salaries by reducing staff from 10 to 7 with no loss in efficiency.

Saved 401k participants $200k in annual fees by negotiation with new providers.

Compiled WIP schedule monthly and oversaw all aspects of it for accounting.

Created format for monthly job cost meetings and used this to raise all job issues to actionable items.

Compiled monthly/quarterly/annual projections using budgets and job cost meetings.

Monitored cash needs of the company daily and provided owner weekly dashboards.

Presented and trained staff and management in cost projection/project financials.

Taught classes on time management and key implementor in CCU, a training and self-improvement program for the employees.

Implemented a post-mortem project evaluation process for the management team monthly to memorialize lessons learned.

January 2015-Nov 2017 Welsbach Electric Corp. – Vice President & Chief Financial Officer

Queens, N.Y.

Supervised 8 and compiled financial results monthly ($200m annually), growing from $130m during my tenure at a large electrical subcontractor owned by EMCOR.

Created job cost/quantity reporting system, enabling quick reactions to trends, enabling the company to save money through manpower adjustments.

Lowered financial closing time to 5 business days for this publicly trading company.

Worked with outside and internal auditors and ran annual financial audit.

Initiate format for job cost meetings and provide pertinent information regarding financial results to management and corporate for publicly traded company.

Compile quarterly projections to corporate parent through data gathering from projects and monthly financial results.

Monitor cash needs of the company daily and provide monthly analysis to corporate.

June 2009-January 2015 Schiavone Construction Co, LLC-Vice President–Treasurer (CFO within company)

Secaucus, N.J.

Supervised 12 and compiled financial results monthly ($300m annually) for annual audit, growing from $200m during my tenure at this heavy/civil contractor.

Represent the organization in financial matters reporting to foreign parent company.

Wrote all financial information and support for legal regarding litigation and claims, enabling us to win a potential negative lawsuit.

Created policies and procedures for department and oversaw for parent company.

Worked with outside and internal auditors and ran annual/semiannual audit.

Ran job cost meetings and provide pertinent information regarding financial results of the company, which consists of 12 joint venture projects of varied size, most of which SCC controls financials and had meetings with partners.

Compile tri-annual projections for the company for corporate review and fielded questions, verifying intimate knowledge on projects.

Training of staff and stakeholders regarding cost projection and financial information

Oversaw cash needs of the company daily and provided monthly analysis to our parent company for future needs/ability to fund parent debt.

Changed pension plan advisors, improving benefits within the plan and performance.

Changed medical plan to self-insurance versus fully managed plan, saving $200k.

April 2001-June 2009 E.E. Cruz and Company, Inc.-Controller

Holmdel, N.J.

Supervised 10 and compiled monthly financial results ($140m annually) for annual audit, growing from $40m during my tenure at this family owed heavy contractor.

Reported quarterly to stakeholders (Banks, bonding company) for compliance with covenants, bonding capacity, revenue targets, and profits.

Created large claims against NYC DEP/NJ DOT and negotiated settlements on job closeouts with Port Authority through their exhaustive audit process.

Converted mainframe-based accounting system to Windows based system with minimal amount of disruption to service.

Installed document imaging software for use in Accounts payable and enabling department to manage same production with 2 less people.

Manage company medical plan, creating savings of $250k through annual evaluations of options of self-insurance versus fully managed plan.

Intimately involved in estate planning and ownership transfer issues, as one partner bought out the other.

Organized all financial information for an ESOP valuation, working with consultant in valuation, as well as for pricing for potential equity investors.

EDUCATION

NORTHCENTRAL UNIVERSITY Prescott Valley, AZ.

Pursuing Doctorate of Organizational Leadership

Emphasis on Emotional Intelligence-Inactive at present

NEW YORK UNIVERSITY New York, N.Y.

Leonard N. Stern School of Business

Master of Business Administration

Emphasis in Management and Economics

NEW YORK UNIVERSITY New York, N.Y.

School of Business and Public Administration

Bachelor of Science with distinction

Majored in Accounting and Finance

ADDITIONAL INFORMATION

Certified Construction Institute of Financial Professional (CCIFP), one of only 1500 in the USA

Active CPA, State of Maryland, since 1995.

Microsoft Office, Structure, EMQUE, Timberline, BST, CGC, JD Edwards, Viewpoint Vista, SxE, MITS

CFMA President, 2010-2011, NJ Chapter, Board Member and Chair, National Conference Task Force

Member of CFMA, CCIFP

Boys President of Hillsdale Baseball and Softball Association 5 years, Not for Profit Organization

Volunteer EMT-Town of Hillsdale, NJ and Captain of Ambulance Corps, past President, and Captain.

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