Steve South

Steve South joined R.L. Townsend & Associates, Inc. as a consultant in 1998 after a 28 year career in Finance, Accounting and Capital Projects Auditing with Eli Lilly & Co., an Indianapolis-based global pharmaceutical company. Mr. South transitioned to WiszCo on January 1, 2008 when WiszCo was spun off from Townsend. Since 1998, Steve has been instrumental in the performance of numerous construction contract compliance audits. Steve is the most experienced member of WiszCo’s staff and he possesses a wide range of contract audit skills including data compilation and data analysis, financial analysis and technical analysis.

Steve has a broad range of experience working with many different owners and different projects. Specific experience includes projects in manufacturing, office buildings, airports, multifamily residential, shopping malls, hospitals and universities. His experience also includes a $2.5 billion copper mine in the Peruvian Andes.

At Lilly, Mr. South was instrumental in starting up a new department responsible for training Accounting and Financial people to become part of the company’s Construction Management project teams. Rich Townsend was hired as a consultant to help begin this new function and upon retirement, Steve joined R. L. Townsend & Associates, Inc.

While working as a Facilities Project Controller (the job title in the new group), Steve was instrumental in recovering over $2.0 million worth of overcharges on three large projects. He also setup a PC-based computer model for tracking contractor costs to assure accurate pricing of time and materials work. Mr. South has also served as the financial representative on two re-engineering teams in the Facilities group. In addition, he had several assignments during his career working with U.S. Manufacturing and International affiliates in capital project planning and control.

Mr. South is a graduate of Ohio State receiving a B.S. degree in Business Administration and Accounting, and, an MBA majoring in Finance.

 

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