Joseph Feola, Cpp Email & Phone Number

Malvern, Pennsylvania

Manage Global Payroll function including Operations, Compliance and Technology. Workday Global Process Owner for Payroll and HCM conversion from Peoplesoft.

• – Corporate Financial Services Team
• Provide Financial support for the both the Corporate Systems Integration Team and the Technology and Investment Platforms Team.
• Responsible for coordinating and administering the Annual fiscal planning process, as well as the quarterly forecasting processes.
• Prepare monthly, quarterly and annual variance analyses and develop sr. management reporting of divisional results.
• Prepare cost benefit analysis for newly proposed technology investment initiatives.
• Participate in the Villanova University “Management Essentials” program.

• Reporting to CIO, direct preparation, review, and consolidation of Information Technology budgets, forecasts, and business plans, across four legal entities. Prepare reports and make presentations to Sr. Management.
• Monitor and report on multiple segment, shared service annual IT budgets: Expense - $100MM, Capital - $50MM, and Headcount - 260.
• Manage 9 direct reports. Provide financial and analytical support including Cost Benefit Analysis, Benchmarking and Financial Planning Models. Provide Executive Summary for preparing CIO for monthly financial review.
• Work closely with IT Directors, including Data Center, Telecom, MIS, CTO, Application Development and Model Office, to develop detailed line item budgets.
• Responsible for consolidating and analyzing all IT Financial Management reports to Parent Company global office of the CIO, Internal Sr. Management reporting and segment accounting group reporting.

• Administer the annual operating budgets and monthly forecasts for various lines of business within this wholly-owned subsidiary of PNCBank. Analyze budget variances monthly and prepare reports for senior management.
• Prepare monthly Business Value Drivers report, and quarterly Performance Measurement Scorecard for Parent Company, as well as provide statistical support for PNCBank s quarterly earnings release.
• Review and integrate pro-forma financial statements of acquisition candidates, into the PFPC format.
• Review client services contracts and monitor client billings for compliance to these contracts.
• Develop and Maintain corporate debt and interest expense budget.

• Administer annual capital, operating, cash and shares budgets for multi-state public water utility, and administer quarterly forecasts. Analyze and prepare reports for senior management.
• Developed corporate wide, consolidated 5-year strategic planning model. Work primarily with CEO, CFO prep and presenting annual budgets, forecasts and strategic plans to the Board of Directors.
• Coordinate all treasury functions and prepare documents necessary for the issuance of First Mortgage Bonds, other long-term financing, and revolving credit line agreements.
• Prepare annual report and presentation to S&P for Pa Suburban Water Company relating to its bond rating.
• Develop and maintain all schedules and supporting documentation relating to debt for the organization for use in SEC 10Q and 10K reporting. Develop and recommend to CEO, CFO and Treasurer, timing and level of debt.
• Prepare Rate of Return exhibits rate requests before the PaPUC.

• Participate on three member team along with CFO and Corporate Controller in analyzing transition issues associated with the 1999 merger with Consumers Water Company.
• Summarized debt covenants, prepare restated financial statements and develop new financials to be used in pooling of interest treatment of merger.
• Created an executive time tracking system for use in intercompany billings.
• Work closely with executives of Consumers Water Company to harmonize accounting policies of two companies.
• Developed funding levels for disbursements from pension and post-retirement benefit plans valued in excess of $65 million.
• Coordinated and summarized transaction of seven investment managers and reported monthly performance to Sr. Vice President-CFO and Treasurer. Assist in plan audits.

• Responsible for all functions relating to the Company s utility plant asset investment exceeding $1 billion.
• Oversee preparation of various reports and analysis required for: Pa. Public Utility Commission, Annual Shareholders Report, SEC Reporting, Trust Indenture Compliance Reports, PUC Rate Filings, Annual Audits, Yearly.
• Work closely with the Vice President - Corporate Development and perform original cost studies used to value assets of potential water and waste water system acquisitions.

• Assisted the Chief Accountant with the financial management system, tax return preparation, and rate analysis. Responsible for preparation, analysis and distribution of monthly financial statements, account analysis.
• Supervised the accounts payable function.

managed Accounting Operations for hotel chain consisting of 13 locations.

Bs, Accounting

Mba, Finance

Bachelor'S Degree, Accounting

Education record