Primary responsibility is the development of monthly Cost & Performance Reports (CPR) for the U.S Navy's Destroyer Programs. This includes the development, verification and maintenance of labor and material records from program inception through each month until contract close-out. Responsibilities & Project Work:• Develop and maintain contract budget baselines for the DDG-51 and DDG-1000 construction programs. Primary areas of budget responsibility are labor rates and materials.• Manage multiple engineering contracts under the DDG-1000 Program to ensure cost control and billing accuracy.• Analyze the trends in costs, billings and budget variances, develop comprehensive monthly Executive Summaries and present that financial data to Senior BIW management and external Navy customers. • Audit and verify accurate charging of labor and material for each project (ship) pursuant to contract terms.• Support General Dynamics Corporate Finance, BIW Finance, BIW Estimating and BIW Procurement departments with various analyses on request.

As Commission's Senior Financial Advisor/Expert, prepared comprehensive financial and policy analyses for electric, natural gas, telecommunications and water utilities. Presented and defended these analyses as an expert witness in formal proceedings before the Commission. Primary responsibility was the calculation of the return on equity and weighted cost of capital for regulated utilities, which was used to determine the appropriate utility revenues. My analyses and recommendations were approved and implemented in over 95% of the Commission’s proceedings.Responsibilities & Project Work:• Developed financial models to analyze mergers, acquisitions, divestitures or major capital investments of utilities and their subsidiaries. • Developed the cost of capital used in my discounted cash flow analyses of utility investments, mergers and acquisitions.• Developed spreadsheets and databases for statistical, economic and financial evaluations of utilities and their unregulated subsidiary companies.• Oversaw the financial hedging program of the largest natural gas utility in the State.• Performed special projects to provide the Commission with pertinent fiscal evidence and information essential for sound regulation of electric, gas and water utilities.• Represented the Financial Division in multi-divisional teams processing regulated utility cases.

Authored detailed credit analyses on corporate borrowers for review and action by Senior Management. Management duties included interviewing new applicants, training of new staff, setting performance goals and objectives and writing annual reviews for a staff of eight. Responsibilities & Project Work:• Financial statement analyses included review of economic conditions across all industries.• Computation of historic and projected financial ratios and comparison with peer group averages, and determination of causes of significant variances. • Created detailed projections of financial statements and conducted sensitivity analyses.• Developed financial models to calculate the contribution of individual customers to bank's overall profitability.

Assisted Treasurer of $6.0 billion bank in balance sheet management. Led or supported all phases of the sale of loans in the secondary market. Responsible for managing projects within designated timelines, liaison between affected internal organizations and external consultants, financial modeling of alternate transaction structures and contract negotiations. As a key player on mergers and acquisitions team, utilized financial modeling expertise to determine appropriate purchase price for various acquisition targets.Responsibilities & Project Work:• Financial modeling, evaluation and coordination of a $311 million automobile loan sale (gain on sale of $8.3 million).• Developed the bank's first cost based pricing model for automobile lending business. Utilized information for maintaining profitability on $500 million portfolio.• Marketed student loan portfolio and closed sales involving $200 million (gains on sales of $5 million).

Selected for Management Development Program and worked in Corporate Planning and Regulatory Departments. Performed analyses pertaining to treasury, pension fund and I/T operations for the corporation and eighteen subsidiaries. Liaison between internal customers and external consultants.Responsibilities & Project Work:•Established methodology to determine appropriate hurdle rate (weighted average cost of capital) for new investments and acquisitions. •Evaluated various cash investment vehicles and recommended alternatives to senior management to improve annual returns by 2% to 3%.•Key member of project team that completed sale and lease back of 500 mile fiber optic route for $12 million. Responsible for financial modeling of the projected cash flows from the business in order to negotiate a final purchase price with the eventual purchaser.•Prepared presentations and slides detailing critical strategic and financial information for bond rating agencies (S&P, Moody's, DCR & Fitch). •Created and utilized computer model to quickly evaluate “lease/buy decisions” for IT Department.•Conducted detailed cost study for billing services contract negotiated with AT&T ($3 to $5 million in annual revenue).•Audited prior billings to AT&T and discovered an under billing of $300K. Revised internal practices to eliminate a recurrence.