David Ferraiolo
Chief Financial Officer - Operations
Professional Overview
David Ferraiolo is an experienced financial executive with a strong background in construction and building operations. Currently serving as the Chief Financial Officer - Operations at Suffolk Construction, he oversees the company's financial strategy, operational efficiency, and performance management. With expertise in accounting, financial reporting, and business analytics, Ferraiolo is adept at driving organizational growth and profitability.
Experience Summary
Current Role
As the Chief Financial Officer - Operations at Suffolk Construction, Ferraiolo is responsible for managing the company's financial operations, overseeing budgeting and forecasting processes, and implementing strategic financial initiatives. He works closely with the executive team to optimize financial performance, improve operational effectiveness, and support the company's long-term objectives.
Career Progression
Prior to his current role, Ferraiolo held various senior financial positions, including Chief Accounting Officer/Chief Financial Officer at dck Worldwide Group, Chief Financial Officer at The Norwood Company, and Controller at Tutor Perini Building Corp. He also has extensive experience in the construction industry, having served as Vice President - Controller at Gilbane Building Company. Throughout his career, Ferraiolo has demonstrated a track record of driving financial excellence, operational efficiency, and strategic decision-making.
Academic Background
Ferraiolo holds a Bachelor's degree in Accounting from the University of Massachusetts Amherst. He is a Certified Public Accountant (CPA) and has completed additional coursework in financial management, business strategy, and executive leadership.
Areas of Expertise
- Financial planning and analysis
- Budgeting and forecasting
- Accounting and financial reporting
- Business process optimization
- Risk management and internal controls
- Strategic decision-making
- Construction industry expertise
Professional Impact
During his tenure at dck Worldwide Group, Ferraiolo played a key role in the company's successful integration of financial systems and processes following a major acquisition. At The Norwood Company, he implemented a new enterprise resource planning (ERP) system, streamlining operations and improving data-driven decision-making. Ferraiolo's leadership and financial acumen have been instrumental in driving growth, enhancing profitability, and strengthening the competitive position of the organizations he has served.
Conclusion
With his extensive experience in the construction industry and proven track record of financial leadership, David Ferraiolo is a valuable asset to Suffolk Construction. His expertise in operational efficiency, strategic financial management, and data-driven decision-making positions him to make a significant impact on the company's future success.