Stephen Nigloschy Email & Phone Number

Nashville Metropolitan Area

Baltimore, Maryland

• As CFO of the Massachusetts and Rhode Island companies, was responsible for all aspect of financial results and performance including: strategic planning, budgeting and forecasting, performance management, financial.
• Refined performance management process to deliver strong results in FY14.
• Designed and implemented new Operating Company close process to clarify ownership, roles and responsibilities and provide better oversight and control over financial results reporting.

• Responsible for finance business partnering/decision support for all National Grid US Functions totaling over $2B in spend: Led a 60+ person team, established performance targets, drove performance against objectives.
• Delivered $200m of sustainable cost savings as finance team lead.
• Implemented automated, standardized reporting process resulting in efficiency and improved quality.
• Led global Finance Business Partnering initiative designing and implementing training and development programs

• Responsible for leading all aspects of finance for Procurement and group FP&A support for Fidelity Enterprise Operations: Decision-support, performance management, planning, budgeting, reporting, etc. for the $500M.
• Implemented financial statement control and audit process in support of quarterly financial statement certification.
• Redesigned monthly financial review from report-out focus to a more action oriented senior team discussion.
• Created procurement savings framework in support of generating over $175M in savings.
• Achieved financial and operating results while coming in under budget for headcount and expense.

• Responsible for leading Shared Services team of over 60 finance associates focused on management reporting, accounting, planning, budgeting, forecasting, and finance technology for the $7B PWI organization.
• Led financial reporting system integration of two $3B plus Fidelity organizations.
• Developed financial scorecard and financial review for the Executive team.
• Drove strategic direction setting for the finance organization.

• Responsible for FITSCo’s P&L and all aspects of finance for the business, including Strategic Planning, Budget Development and Management, Financial Resource Allocation, Cost Control, Financial Measurement Reporting.
• Delivered record earnings in 2004 through 2007: grew operating income 91% from 2003.
• Strategized new acquisition approach helping to drive FITSCo’s highest ever net sales.
• Reduced recurring operating costs and recorded lowest cost per participant across all of Fidelity’s Defined Contributions Recordkeeping businesses.
• Increased employee satisfaction – received highest Gallup score of all retirement finance teams. Developed Finance Recognition Awards Program.

Masters Of Science, Finance

B.S.B.A, Management - Finance