John Passarelli Email & Phone Number

Folsom, CA, US

• Led the operational function within FP&A, partnering closely with key stakeholders across the business and driving the FP&A functions as a proven center of analytical excellence.
• Directed annual operating budget process, tracked and reported on performance relative to plan, and managed ongoing rolling forecast updates and monthly/quarterly business reviews.
• Built and iterated on complex financial models covering all aspects of PowerSchool’s operations to enable effective decision making and revenue growth strategy.
• Maintained and enhanced efficiency of internal financial reporting processes, serving as a thought leader to upgrade reporting standards through the pursuit of continuous process improvement.
• Established, tracked and monitored key operating metrics used to drive the business to greater efficiency.
• Created ad-hoc analyses to drive business strategy, improve efficiency and maximize ROI.

Stamford, CT, US

• Oversaw and performed multiple functions including month and quarterly financial reports, forecasting, analytics, budget preparations and tracking, financial reports and analysis, budget variances, P&L, and.
• Communicated cross-functionally with stakeholders to facilitate data collection, analysis and financial reporting.
• Aligned all operational functions with the company’s vision and strategic objectives of the company and the needs of business units. Coached, mentored and developed a high performing team of five.
• Established and communicated goals and Key Performance Indicators (KPIs) combined with real-time data collection and analysis to have a proactive versus reactive response to risks and opportunities.
• Drove cost efficiencies 5% or $30M via Strategic Cost Initiative.
• Supported Sales and Marketing investment improving Hotel Room Utilization to 65%.

• Directed a professional staff with responsibility for FP&A, payroll, accounts payable, human resources, budget management, capital projects, expenditures and facilities.
• Coordinated annual state reporting and audits for district and communicated federal and state grant awards to Board of Education.

New Windsor, New York, US

• Oversaw all facets of corporate finance, financial reporting, financial analysis, budget management, cash management, capital expenditures, executive presentations, and collaboration with CFO.
• Supported the acquisition and integration of a leading competitor.
• Partnered with Vice President of Business Development to support growth and expansion.
• Analyzed inventory utilization for $2B in assets for 30 locations.
• Improved cost model and achieved a $2M inventory savings.
• Developed a 26-week rolling forecast model

• Led all aspects of corporate finance, analysis and reporting including integration of SAP into financial operations.
• Headed the development of a five-year P&L, B/S and cash flow model.
• Improved DSO by two days generating $30M in free cash flow.
• Removed $700M of cost and expense from Conduent as part of three-year plan.
• Partnered with business units in the development of a five-year strategic growth plan.

Minneapolis, MN, US

• Worked with CEO and CFO on two call center acquisitions representing $200M in new business.
• Performed all financial analysis for M&A.
• Integrated SAP into financial operations.
• Recognized for Implementing Annual budgeting and cadence for Financial Reporting..
• Improved response to RFP’s (Request for Price) by several days due to creating of new pricing model for all delivery locations.

Armonk, New York, NY, US

• Director of Finance (2010 – 2013); Senior Financial and Operations Manager-Wall Street Team (2008 – 2010); Senior Financial Manager-BPO/BTO (2004 – 2007); Senior Financial Planning & Analysis Manager, Software Database.
• Led financial reporting and analysis for solution software including the integration of three SaaS acquisitions.
• Created clear metric-based financial plans.
• Supported the creation of a new division around solutions software supporting SaaS model and metrics.
• Led Accounting function for IBM PC, including general ledger ownership and reporting.
• Recognized with $10K award for financial leadership in creating Solution Software division including all operational and financial reporting including the strategic integration of three SaaS acquisitions. Earned $5K.

US

TEXACO (White Plains, NY) Accounting and Finance ManagerPerformed financial reporting, consolidation of financial results and inventory, cash flow and business case analysis for several lines of business. Provided financial analysis for capital project enabling a business segment to generate 25% ROI and transform residual unusable resource into reusable.

Master Of Business Administration (M.B.A.), Business Administration And Management, General

Bachelor Of Business Administration (Bba), Accounting And Finance