Steve Bodnar Email & Phone Number

New York, Us

With a focus on streamlining processes and providing financial stability, I provided leadership for the financial and safety operation of a power plant with 23 employees (including 4 managers as direct reports) and fuel site mining operation with 10 employees (1 manager as a direct report). Prepared annual budget and present to senior management Created master major maintenance schedule prioritizing items for when cash was available Prepared presentations for senior management to allow equity adjustments to employees during pay freeze Developed strategies to maintained staff morale despite a staff reduction and 5% pay reduction during ownership transition Implemented safety training protocols for site Directed administration of IT and phone system strategies Prepared financial recommendations to senior management as to when plant should operate based on energy market projections Researched opportunities to improve cost efficiency in operations and maintenance by understanding current trends in power demand and pricing Compiled and reported operational data using daily logs and weekly reports to track KPI's for executive teamAccomplishments Created staffing plan that re-hired four staff members and reduced overtime hours from 50-60% to less than 10% during operating periods and 1-2% during non-operating periods Earned ARIPPA Outstanding Plant (2017, availability above 90% and a forced outage rate of 0.5%) and Plant Safety (2017, 2018) Awards Reduced O&M and G&A costs by $9.3 million over three-year period by creating an O&M Budget that reduced budget until equity infusions were no longer needed Created a team-oriented safety program that achieved 1,523 days without an OSHA recordable accident and 804 days without an MSHA recordable accident Led team that won 2016 Excellence in Surface Mining Reclamation Award given by OSME

In an effort to keep the company’s financials in order, I prepared monthly GAAP financial statements and managed external third-party audits for an organization earning up to $60MM in yearly revenue. Generated budget/forecast tools to help site management understand the fiscal restraints needed to avoid cash infusions with reductions in expenses and deferral of others Developed and presented annual budget to senior management Created budget templates for each manager to complete annually with comparison to prior year actuals, budgets, and forecasts Prepared financial updates and presented to plant staff for better understanding of financials of projects Prepared monthly management reports for senior management with statistical and financial variance analysis Created, implemented, and tracked goals for annual employee incentives Created quarterly status reports for Bondholders per lender agreements Produced multiple long-term forecasts for sale presentations of the plant to various companies. Updated long term pro forma models annually and prepared comparisons to budget for senior management presentationsAccomplishments Served as POC with financial advisors and attorneys during Chapter 11 proceedings and played key role in several unfavorable contracts being terminated or restructured resulting in debt reduction of $42MM all vendors being paid in full Lowered fuel budget by more than $2MM by negotiating more cost-effective contracts and developing a comprehensive fuel model that used up to 8 different fuel sources to blend cost structure Reviewed all facility contracts and recorded compliance requirements in SharePoint as well as created a compliance calendar to be shared by both site and senior management Saved $3MM every third year by partnering with operations and maintenance staff to optimize the planned outage schedule by changing from an annual outage schedule to scheduling outages every 18 months