Budgeting & Forecasting

Budgeting and forecasting are at the foundation of accounting and a company’s financial well-being. It is essential to the rest of the building blocks to have as complete and informative a base as possible.

Most, if not all companies are fully aware of the value of accurate and timely budgeting and forecasting, however a lack of internal resources due to time constraints or staffing issues can place an undue burden on producing a complete analysis, or doing the background work necessary to deliver the budget or forecast expected and needed to develop a sound business strategy.

At AC Lordi we understand that rapid and flexible support, operational and financial expertise and a comprehensive and integrated approach are necessary when working to solve a client’s needs and offer the best projections possible for the future of a client. We are emphatic about the need for seamless integration and a hit-the-ground running strategy that helps clients achieve the best results in the minimum of time.

Some of the many services we offer relating to Budgeting & Forecasting include:

  • Annual budgeting
  • Benchmarking for future evaluation
  • Covenant compliance
  • Financial planning & analysis (FP&A)
  • Forecasting
  • Monitoring forecasting

Our AC Lordi team of Budgeting & Forecasting professionals has decades of experience in a broad spectrum of businesses and can rapidly assess situations, provide smooth integration into the organization and drive results.

Meet Our Experts

Chris Schnittker, CPA

Director, Office of the CFO

Chris is a former PwC manager with 25+ years of financial management, reporting and corporate governance experience, the past seventeen years of which were at the Chief Financial Officer level, with public and private companies in the biotechnology, medical device and pharmaceutical industries. He was a finalist for the Philadelphia Business Journal’s CFO of the Year Award in 2014, and was chosen as a financial expert panelist multiple times at NJ/PA Biotech Annual Meeting regarding a variety of topics, including capital raising, corporate governance, and budgeting and forecasting. Chris holds a B.A. in Business and Economics from Lafayette College.

Phone: 610-455-2096
Email: cschnittker@aclordi.com
LinkedIn Profile: https://www.linkedin.com/in/chrisschnittker

Frank D. Stumpo, CPA, MBA

Director, Office of the CFO

Frank has extensive experience identifying and implementing strategies that maximize revenues and improve operational efficiencies within start-ups, M&As and multi-billion dollar global organizations. Prior to joining AC Lordi, he ran his own consulting firm providing C-Level advisory services for entrepreneurial management teams and private equity backed early stage and middle market companies. He also served as Vice President and CFO for SDI, Inc., as well as CFO for several highly successful private equity-backed companies. Frank holds an M.B.A. in Finance from St. Joseph’s University and a B.A. in Business & Economics from the University of Pittsburgh.

Phone: 610-455-2082
Email: fstumpo@aclordi.com

Colleen Tofani, CPA, MS

Director, Accounting Services

Colleen has 30 years of experience including a Masters in Taxation from Drexel University. At AC Lordi, she provides Controller/CFO services to numerous early stage biotechnology companies and other start-up businesses. As a Financial Manager for Verizon, she oversaw management and financial reporting, investment performance, and budgeting and forecasting. She began her career at Arthur Andersen as a tax analyst. In addition to her Masters, Colleen has a B.S. in Accounting from the University of Scranton.

Phone: 610-738-0100 x175
Email: ctofani@aclordi.com