Robert Budding


Results-driven professional with broad project and change management experience in Financial Services and Manufacturing.  University of Chicago MBA with expertise in:

  • Activity-based costing and profitability analysis
  • Program and project management
  • Business Intelligence systems design (Essbase) and implementation
  • Mergers and acquisitions, product pricing, and risk management


Oct 1984 - May 1986


University of Chicago

Dean's Honor List.Awarded Academic Scholarship.Entertainment Editor of Business School Newspaper.Stage Crew, GSB Follies.

Sep 1980 - Jun 1982

Graduate Studies - Physical Chemistry

Completed Ph.D. coursework and passed three General Examinations.Studied

photoconductivity of organic semiconductors.Conducted laboratory lectures and

presentations.Awarded teaching fellowship covering full tuition and living expenses.

Sep 1977 - May 1980


University of Connecticut - College of Liberal Arts & Sciences

Bachelor of Science, Chemistry, Summa Cum Laude

Phi Beta Kappa, Phi Kappa Phi, Honors Scholar. American Institute of Chemists Award.

Work experience

Work experience
Jan 2008 - Present


BusinessEdge Solutions, an EMC Global Services Company

An industry-focused business and technology consulting firm wholly owned by EMC Corporation.

Consultant, Financial Services Practice

·Developed a three year program implementation plan and managed multiple strategic business projects for a major mutual fund company.

Jan 2006 - Jan 2008

Director of Finance, Fidelity Pricing and Cash Management Services

Lead operations group Activity Based Costing implementation.

  • Completely re-engineered and implemented the company’s internal billing, profitability, and operational metrics system.
  • Implemented an activity-based budget for the Fund Administration Group.
Mar 2002 - Jan 2006

Director, Corporate Finance Program Management Office

Lead cross-enterprise Activity Based Costing initiative.

  • Founded, staffed, and managed the Activity Based Costing Center of Expertise to support ABC model design and implementation across the enterprise.
  • Hired and managed a small team of internal consultants to provide financial model design and implementations services.
Dec 2000 - Mar 2002

Director of Development, Corporate Finance Information Technology

Responsible for architecture of enterprise-wide financial analytical systems.

  • Led OROS Activity Based Costing software technical implementation.
  • Designed Essbase Allocation Manager Application that reduced processing errors by over 90%.
  • Identified Essbase batch process changes that improved system performance and reliability.
Dec 1999 - Dec 2000

Director, Professional Services

A startup providing web based e-commerce and e-business analysis software and solutions.

Managed client relationships and implementations of the Elytics Analysis Suite.

  • Architected Essbase multidimensional database portion of a commercial product suite.
  • Developed database architecture that scales to high-volume web sites.
Apr 1998 - Nov 1999


Painted Word Inc.

A provider of business intelligence products and consulting solutions.

Managed consulting client relationships and multiple projects with teams of 2-5 consultants.

  • Architected system and managed the development of an Essbase activity-based labor budgeting system for a $9 billon office supply retailer.Generated labor budgets by job and task for over 1,000 stores.
  • Designed a reusable Essbase allocation engine for a major mutual fund company.Resulted in savings of $6.5 MM in direct development costs.
Feb 1993 - Apr 1998

Corporate Analyst, Worldwide Marketing

Evaluated major corporate investments. Performed strategic planning, financial modeling, budgeting, and competitive analysis.

  • Turned around a money-losing business.  Added $1 million in annual operating profit to a $4 million OEM business by applying activity-based cost analysis.
  • Secured internal funding for over $120 million in new product investments.
  • Led team effort to re-engineer the international planning and budgeting process that reduced budgeting cycle time by 50% and improved FX exposure analysis and reporting.
Jan 1990 - Feb 1993

Planning Analyst, Strategy and Planning Department

Provided strategic planning and analytical support for senior executives.

  • Completed forecasts and financial analyses resulting in construction of new $60 million plant.
  • Designed corporate reorganization that consolidated manufacturing management and established a Worldwide Marketing Department.
May 1988 - Jan 1990

Financial Officer, Bank Investment and Funding Division

Shawmut National Corporation

A major full-service regional bank.

Analyzed financial instruments and derivatives to control risk exposure of $28 billion

Bank portfolio.

  • Recommended entry into $30 billion segment of pension fund market.Assisted traders in executing first transaction.
  •  Designed and constructed Monte Carlo models to evaluate risk/return characteristics of $4.5 billion mortgage backed security portfolio.Tested and recommended hedging strategies.
Sep 1986 - May 1988

Financial Planning Analyst, Treasury Division

Shamut National Corporation

Identified and analyzed potential merger candidates.Determined financial impact of

Treasury transactions.Consulted on major capital budgeting decisions.

  • Recommended changes in dividend reinvestment plan that saved $450,000 annually.
  • Evaluated sites and recommended location for new $70 million computer processing facility.
  • Evaluated multiple acquisition candidates and provided analytical support during negotiations.
Jun 1982 - Sep 1984

Process Research Chemist, Central Research Division

Process Research Chemist, Central Research Division

Performed organic syntheses of novel chemical intermediates for process research.

  • Improved a new vitamin manufacturing process resulting in 25% lower production costs.
  • Advised engineering groups during pilot plant trials.
  • Organized the First Annual Pfizer Triathlon.