Scott Payant, Mba, Cpa Email & Phone Number

Minturn, Co, Us

Vail Mountain

Greater Denver Area

Provide financial and strategic oversight and advice to the Board and Executive Management of a $7 million nonprofit that provides services that address the interconnected issues between child abuse and neglect, domestic violence, and homelessness with sustainable solutions.

Greater Denver Area

Long Island, New York

Promoted to oversee the development of the annual expense and capital budgets, provide monthly variance reporting and presentations of senior management and the LIPA Board of Trustees, non-product billing, FEMA grant reporting, detailed storm cost reporting, cash forecasting and requests for funding for PSEG Long Island, a subsidiary of Public Service Enterprise Group and the primary service provider to the Long Island Power Authority.• Led the implementation of managerial reporting structure that significantly improved decision making • Overcame transitional constraints of new staff and financial systems to establish a reliable budgeting and forecasting process• Achieved contractual obligations by implemented processes for issuing storm invoices, non-product billing, receivable aging reports, and FEMA grant cost reporting utilizing a new SAP billing module

Long Island, New York

Responsible for cash management and risk management functions, including cash forecasting, request for funds, procurement of property and casualty insurance, and oversight of loss control for PSEG Long Island, a subsidiary of Public Service Enterprise Group and the primary service provider to the Long Island Power Authority.• Successfully met all company financial obligations by accurately forecasting cash requirements and obtained $1.4 billion in funding requests on time• Implemented risk management/loss control program, which included conducting the first property and casualty risk assessments in over 10 years• Procured $12 million in casualty and property insurance with a 17% reduction in the property rate, and a $100 million increase in High Hazard Flood coverage

Long Island, Ny

Responsible for leading the development of the annual operating and capital budget, monthly variance reporting, year-end projections and 5-year planning model for LIPA, a $3.7 billion municipal electric provider, owning the retail electric transmission and distribution system serving 1.1 million customers on Long Island.• Contributed to a 6% reduction in operating costs by restructuring management reporting and providing a better understanding of the impact of decisions on financial results• Successfully developed and delivered $3.7 billion operating and capital budgets with minimal rate increases (1.5%) in 2012, 2013, and 2014• Prepared financial systems long-term plan to support effective budgeting and management reporting

Developed financial infrastructure for Lightbridge, a $25 million leading international developer of proliferative resistant nuclear fuel technology and comprehensive advisory services for existing and emerging nuclear programs.• Led data room development to support oversubscribed $14 million equity financing• Developed client’s first 20-year strategic financial plan• Led first audited risk assessment, and controlled review and testing of 404 SOX compliance. Achieved ‘unqualified opinion’ at audit

Chicago, Il

Coordinated the organizational integration of financial areas in preparation for Exelon's acquisition of Public Services Enterprise Group (Newark, NJ).• Prepared and analyzed the baseline position of $6 billion pre-merger consolidated budget• Set synergy targets and drove achievement planning• Led Day 1 merger preparation process for regulatory SEC, treasury, operations, and IRS reporting

Chicago, Il

Accountable for overall financial planning and analysis, cash management and accounting of $400 million mechanical construction and services company, including consolidation of eight business units throughout the Midwest.• Provided necessary leadership, ultimately restoring integrity and discipline to the financial organization• Established collaborative communications between business unit controllers and corporate staff• Successfully managed first external audit engagement and developed audited financial statements• Participated as financial lead in developing and executing divestiture strategy, which included long-range forecasts

Chicago, Il

Accountable for overall financial planning and analysis, project financing, cash management and accounting during the development and build out of a $50 million district energy company. Managed partnership relationships, performed financial reviews / audits of minority interest subsidiaries. Oversaw accounting staff and the production of financial statements.• Provided new leadership, resulting in restored integrity of financial results and organizational discipline• Negotiated favorable settlements of customer disputes, providing $11 million of annual revenue.• Developed strategic business plan for path to profitability• Developed a 25-year planning model and analyzed growth and acquisition opportunities• Participated as financial lead in divestiture of business, providing $40 million gain on the sale

Accelerated promotion to manage Financial Analysis and Accounting Group. Evaluated new retail business opportunities including developing and analyzing pro forma financial statements. This subsidiary had 4 business units with revenues of $140 million.

Investment / capital project evaluation and lease vs. buy proposals, including economic analysis; presented results to senior management.

Participated in the development and management of long-term financing and cash management strategies: financed $1 billion/year nuclear construction program, refinancing long-term debt.

General Procedures Department, Budget Department, Controller's Staff, Commercial Division Accountant.

Mba, Finance

Bba, Accounting