Peter Suriani Email & Phone Number

US

• Direct the planning and structuring of financial activities to ensure the Aviation Department is positioned to capitalize on business opportunities and minimize loss of business during economic fluctuations. Manage six.
• Develop and execute the annual operating budget of $2.5 billion in revenue and $1.5 billion in expenses to effectively advance the Department’s goals and vison.
• Reduced, and aggressively monitored, direct operating expenses by $80 million through alignment of spending with passenger and flight activities in response to loss of revenue due to COVID-19 pandemic.
• Increase Department's financial awareness by implementing Power BI financial dashboards resulting in easier access of the financial information and greater focus on the underlying drivers. Increase the business.
• Direct and coordinate the development of financial models to evaluate the application of $450 million CARES Act funding and its impact on the Agency and airlines partners.
• Optimize the use of revenues, expense recovery and federal funds (including Passenger Facility Charge and Airport Improvement Plan grants) to achieve the ideal investment program for the Department.

New York, NY, US

Created and maintained database for Risk Adjusted Return on Capital (RAROC) reporting. Provided gap analysis for implementation of Customer Profitability reporting. Prepared test cases and documented procedures and findings. Recommended increased efficiencies and automation of processes.

New York, NY, US

Educated 70 Analysts on Core Financial Modeling and Excel Skills. Curriculum included: Data Entry, Formatting and Formulae, Data and Charts, Logical Functions (IF, ISERROR, SUMIF), Lookups, Pivot Tables, and Finance Functions (Annuities, Present Value, Cash Flow, and Internal Rate of Return)

Jersey City, NJ, US

New York, NY, US

• Directed annual and strategic financial budgets and performance metrics for business units with revenues of $450 million, and direct operating expenses of $150 million.
• Saved $30 million over 5 years by performing financial analysis for outsourcing regulatory function.
• Increased revenue by $32 million per year to fund the regulation and supervision of the Trading Permit Holders and Firms by implementing new cost recovery fees.
• Discussed financial results, analyses of variances, sensitivity of revenue and expense drivers, capital projects and strategic initiatives business cases, and areas of opportunities and concerns with senior management.
• Reduced bad debt expense by 75% over 3 years, and created collection efficiencies, by establishing monthly process, and facilitating meetings between finance and business account managers.
• Managed aged accounts receivable of $360 million in annual billings for over 23,000 clients.

US

• Developed, analyzed and presented the annual financial plan and quarterly forecasts for business and technology units with an expense base of $260 million. Recipient of multiple President’s Awards for outstanding.
• Provided forensic accounting research and analysis in support of litigation involving SOP 98-1 capitalization of internally developed software (revenue recognition), and with income statement impact of $6 million.
• Directed due diligence/financial review for insourcing Securities Industry Automation Corporation (SIAC).
• Created methodology and identified allocation drivers for product profitability reporting.

New York, NY, US

Bba, Finance

Education record

Education record