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Mark Stumpo
102 Ivy Road, Johnstown, Pennsylvania 15905
Home: 814-255-2374; Cell: 814-242-1488; Email: flyfish357@verizon.net
Summary
Senior Financial and Operations Professionalwith Controllership experience,specializing in Financial Analysis and
Forecasting, Budgeting, Financial Planning, Program and Operations Management in Manufacturing, Professional
Services,and Applied Research and Development and Technical Industries.
Highlights
 Strategic and Financial Planning Expert
 Process Improvement and Implementation
 Staff Leadership and Development
 Accurate Forecasting
 Operations Management
 Financial Reporting
 Proposal Development
 Financial Analysis
Accomplishments
 Participation in BusinessDevelopment Activities including establishing relationshipsand meeting newand existing
clientsto secure additional and follow-on funding valued at approximately$6M per year
 Provide expertise in Pricing Strategies on newproposals valued in excess of $1B per year
 Establishment of policiesand proceduresthat lead to operational efficiencies in the managementof the division
 Managed all indirect operating budgets within .75% of target
Experience
Director of Business/Financial Operations
May 2001 to December 2015
Concurrent Technologies Corporation - Johnstown, PA
 Support Vice President with Financial and OperationsManagementof a $75M division ofa corporation consisting of
16 locations and $250M in annual revenue
 Development and Management of Direct and Indirectprogram and operating budgets including establishment of
indirectcostrates
 Provide Leadership and Direction to Divisional Operating Center heads and membersof management teams in
supportof exceptional Financial, Contractual, and Program Management
 Train Program Management staff in Financial and Program Management Principles
 Periodic Revenue and Expense Forecasting, Planning and Analysis
 Variance Reporting
 Program Forecasting and Analysis
 Establishment,Negotiation and provision of auditsupportof Forward Pricing Submissions
 Management, Development, and Training of Financial AnalyticStaffof nine directreports responsible for Direct
Program Forecasting and Analysis
 Cost Proposal Development and Pricing
Director of Financial Reporting
June 2000 to May 2001
DRS LaurelTechnologies - Johnstown, PA
 Responsibilities encompass financial reporting in accordance with GAAP for a $120M manufacturing division ofDRS
Corporation
 Managed and Forecasted cash flowposition on a weeklybasis
 Managed accounts receivable and collection function
 Maintenance and reconciliation of general and subsidiary ledger accounts
 Booked 100% of journalentries
 Budgeting and planning function
 Periodic planning forecasting and analysis of revenue, expense and profit
Mark Stumpo
Assistant Controller
March 1998 to May 2000
Omnicare Pharmacy Services - Greensburg,PA
 Responsibilities encompass directing the financial activities ofthe corporation for seven divisional operating units
accounting for in excessof $65M in sales
 Manage, Directand Evaluate accounting and clerical staff
 Maintenance and reconciliation of inventory accounts valued in excess of$30M
 Preparation and analysis of budget function including variance reporting within -5%
 Establishment,modification, and documentation of accounting policiesand internal controls
 Preparation ofaudit materialfor internal and external reviews
 Managementor Accountsreceivable and payable functions
Controller/Business Manager
December 1995 to March 1998
Gateway Communications Inc. WTAJ -TV - Altoona, PA
 Responsibilities encompass management of allFinancial and Human Resource functionsfor a $40M organization
 Managementof Profit and Loss reporting function
 Managementof AccountsReceivables, Payable, and Collections
 Establishment of all Accounting, Credit, and Collections Policies
 Established and managed Operating and Capital Budgets
 Responsible for all Financial Reporting functions
 Preparation ofaudit material
 Negotiation of allmajor Capital Acquisitionsaverage value between $5 - $7M
 Negotiation and procurement of all service contracts
Financial Analyst
August 1990 to December 1995
Concurrent Technologies Corporation - Johnstown, PA
 Responsibilities encompass working with Program Managers to establish Financial Plans and Operating
 Budgets for a $90M Multi-Program matrixorganization
 Successfuldevelopment and implementation of Comprehensive departmentalized company budgetand Forward
Pricing Submission
 Development and implementation of Internal Accounting Policies and Proceduresin accordance with GAAP and
Federal Acquisition Regulations
 Successfuldevelopment and implementation of Variance Reporting System, Financial Decision Support model,and of
an indirect expense and cost control managementsystem
Cost/Financial Analyst
May 1988 to August 1990
Litton Industries - College Park, MD
 Responsibilities encompass external audit and financial analysis ofvendor proposals and financial statementsto
determine financial position and validity of proposed costs
 Acquisitions ranged from $100K to $15M
 Preparation ofAudit Reportsand Financial Data for management and Customer review
 Negotiation of Firm Fixed Price Contractsbased on resultsof financial data and proposals audited
 Ad hoc project analysisfor management and the Defense ContractAuditAgency
Staff Accountant/Budget Analyst
May 1983 to April 1988
Bendix Guidance Systems Division of the Allied Signal Corporation - Teterboro, NJ
 Responsibilities included preparation, analysis,and reporting of various functionaldisciplines including areas of
Engineering, Manufacturing, and Marketing and Administration
 Responsible for Engineering budget of $300M annually,Manufacturing budget of$800M annually and Administrative
budget of$100M annually
 Profit and Lossreporting
 Inventory Auditand Analysis
 Preparation ofDivisionalPricing Structure in compliance with Cost Accounting Standards and FAR
Mark Stumpo
 Development of all primary and secondary overhead rates
 Training of entry level staff
Education
Bachelor of Science: Accounting, Slippery Rock University - Slippery Rock, Pennsylvania, USA
Security Clearance
Department of Defense Top Secret/Sensitive Compartmented Information (TS/SCI) (Currently Inactive)

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MSRESUME!

  • 1. Mark Stumpo 102 Ivy Road, Johnstown, Pennsylvania 15905 Home: 814-255-2374; Cell: 814-242-1488; Email: flyfish357@verizon.net Summary Senior Financial and Operations Professionalwith Controllership experience,specializing in Financial Analysis and Forecasting, Budgeting, Financial Planning, Program and Operations Management in Manufacturing, Professional Services,and Applied Research and Development and Technical Industries. Highlights  Strategic and Financial Planning Expert  Process Improvement and Implementation  Staff Leadership and Development  Accurate Forecasting  Operations Management  Financial Reporting  Proposal Development  Financial Analysis Accomplishments  Participation in BusinessDevelopment Activities including establishing relationshipsand meeting newand existing clientsto secure additional and follow-on funding valued at approximately$6M per year  Provide expertise in Pricing Strategies on newproposals valued in excess of $1B per year  Establishment of policiesand proceduresthat lead to operational efficiencies in the managementof the division  Managed all indirect operating budgets within .75% of target Experience Director of Business/Financial Operations May 2001 to December 2015 Concurrent Technologies Corporation - Johnstown, PA  Support Vice President with Financial and OperationsManagementof a $75M division ofa corporation consisting of 16 locations and $250M in annual revenue  Development and Management of Direct and Indirectprogram and operating budgets including establishment of indirectcostrates  Provide Leadership and Direction to Divisional Operating Center heads and membersof management teams in supportof exceptional Financial, Contractual, and Program Management  Train Program Management staff in Financial and Program Management Principles  Periodic Revenue and Expense Forecasting, Planning and Analysis  Variance Reporting  Program Forecasting and Analysis  Establishment,Negotiation and provision of auditsupportof Forward Pricing Submissions  Management, Development, and Training of Financial AnalyticStaffof nine directreports responsible for Direct Program Forecasting and Analysis  Cost Proposal Development and Pricing Director of Financial Reporting June 2000 to May 2001 DRS LaurelTechnologies - Johnstown, PA  Responsibilities encompass financial reporting in accordance with GAAP for a $120M manufacturing division ofDRS Corporation  Managed and Forecasted cash flowposition on a weeklybasis  Managed accounts receivable and collection function  Maintenance and reconciliation of general and subsidiary ledger accounts  Booked 100% of journalentries  Budgeting and planning function  Periodic planning forecasting and analysis of revenue, expense and profit
  • 2. Mark Stumpo Assistant Controller March 1998 to May 2000 Omnicare Pharmacy Services - Greensburg,PA  Responsibilities encompass directing the financial activities ofthe corporation for seven divisional operating units accounting for in excessof $65M in sales  Manage, Directand Evaluate accounting and clerical staff  Maintenance and reconciliation of inventory accounts valued in excess of$30M  Preparation and analysis of budget function including variance reporting within -5%  Establishment,modification, and documentation of accounting policiesand internal controls  Preparation ofaudit materialfor internal and external reviews  Managementor Accountsreceivable and payable functions Controller/Business Manager December 1995 to March 1998 Gateway Communications Inc. WTAJ -TV - Altoona, PA  Responsibilities encompass management of allFinancial and Human Resource functionsfor a $40M organization  Managementof Profit and Loss reporting function  Managementof AccountsReceivables, Payable, and Collections  Establishment of all Accounting, Credit, and Collections Policies  Established and managed Operating and Capital Budgets  Responsible for all Financial Reporting functions  Preparation ofaudit material  Negotiation of allmajor Capital Acquisitionsaverage value between $5 - $7M  Negotiation and procurement of all service contracts Financial Analyst August 1990 to December 1995 Concurrent Technologies Corporation - Johnstown, PA  Responsibilities encompass working with Program Managers to establish Financial Plans and Operating  Budgets for a $90M Multi-Program matrixorganization  Successfuldevelopment and implementation of Comprehensive departmentalized company budgetand Forward Pricing Submission  Development and implementation of Internal Accounting Policies and Proceduresin accordance with GAAP and Federal Acquisition Regulations  Successfuldevelopment and implementation of Variance Reporting System, Financial Decision Support model,and of an indirect expense and cost control managementsystem Cost/Financial Analyst May 1988 to August 1990 Litton Industries - College Park, MD  Responsibilities encompass external audit and financial analysis ofvendor proposals and financial statementsto determine financial position and validity of proposed costs  Acquisitions ranged from $100K to $15M  Preparation ofAudit Reportsand Financial Data for management and Customer review  Negotiation of Firm Fixed Price Contractsbased on resultsof financial data and proposals audited  Ad hoc project analysisfor management and the Defense ContractAuditAgency Staff Accountant/Budget Analyst May 1983 to April 1988 Bendix Guidance Systems Division of the Allied Signal Corporation - Teterboro, NJ  Responsibilities included preparation, analysis,and reporting of various functionaldisciplines including areas of Engineering, Manufacturing, and Marketing and Administration  Responsible for Engineering budget of $300M annually,Manufacturing budget of$800M annually and Administrative budget of$100M annually  Profit and Lossreporting  Inventory Auditand Analysis  Preparation ofDivisionalPricing Structure in compliance with Cost Accounting Standards and FAR
  • 3. Mark Stumpo  Development of all primary and secondary overhead rates  Training of entry level staff Education Bachelor of Science: Accounting, Slippery Rock University - Slippery Rock, Pennsylvania, USA Security Clearance Department of Defense Top Secret/Sensitive Compartmented Information (TS/SCI) (Currently Inactive)