Rising Star CFO of the Year: Nick Tarditti

Nick Tarditti
CFO
PSOMAS

Nick Tarditti began his career at Psomas January 1, 2020, as only the third CFO in the company’s 75-year history. Tarditti knew Psomas was a company where he could meaningfully contribute to the organization’s bottom line, both in terms of operational efficiencies and profitability. When the CFO position became available, he leaped at the opportunity, arming himself with key references from those he had earned during his 20+ year career. Once he came on board at Psomas, similar to other places he had worked, he quickly learned there was much more work to do below the surface. The accounting department needed more than a morale boost; it needed a better operational approach. As a people-first leader, Traditti spent time getting to know his colleagues to determine where he could increase efficiencies, lower stress levels and improve culture.

Within months, Tarditti restructured the department and added three new team members to streamline work flows and create more practical workloads. He encouraged a more client-colleague friendly culture, digitized labor intensive paper-based accounts payable and stock processes and updated the monthly financial statement process. He did all this, while also chairing the Psomas Pshares Retirement Committee. He led the team to rebrand the company’s ESOP to make it a more simple and accessible program for all employees. Through Tarditti’s vision and support of the CEO’s initiatives, Psomas rose to become an even more desirable career option for new employees. In 2020, the company had its most profitable year to date with record low staff turnover. This trend continues into 2021.

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