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Work Background
Controller
Oro Capital AdvisorsController
Aug. 2020Reno, NV● Complete operations and corporate treasury management for $3B multi-family and commercial RE portfolio in CA, NV, TX, OH, TN, FL & MO. ● Weekly AP processing of $250k via NexusPayables & Nexus Connect. Conservice & YES utility processing for 5k+ accounts, including autopay enrollment and management. ● Bi-Weekly $250k (150+ employees) Payroll processing, reconciliation and reimbursement from operations, corporate expense & Construction; including health and workers comp. ● Monthly bank recs, Concur credit card exp and reimbursement, mortgage and impounds, accruals, lender financials, commercial billing, AR write offs, GPR, management fees. ● Quarterly future funding loan draws, impound reserve disbursements, lender financials, Asset Management Fees, investor distributions. ● Year End close, tax workpapers, CAM rec and updated billing. Legacy review and cleanup of all clearing accounts, DTF’s, Yardi AR, Prepaid, and AP GL rec. Setup following year accruals.
Consultant
ConfidentialConsultant
Aug. 2013 - Aug. 2020Santa Monica, CA● Accounting management for $250M multi-state real estate portfolio; commercial properties, medical buildings, 3K apartments and 125 single family homes (SFR’s) in Southern California. ● Complete accounting oversight for 60+ IHOPs in CA, NV, CO, NE, MO, WI & IL with $100m annual revenue, corporate relations and reporting to Dine Brands. ● Design and manage cash flow models for investments and corporate operations. Specify performance metrics, implement strategies for maximizing liquidity and treasury. ● Forecast financial flexibility through debt and equity transactions. Lender liaison, procure unsecured line of credit and permanent financing for unencumbered SFR’s. ● Create consolidated accounting tree/org chart and combined entity cash flow model. In-depth analysis; providing clear and concise information regarding operations and financial conditions. ● CAM review and legacy reconciliation with 95% recovery rate. SFR’s property tax appeals; resolving vesting/title legal obstacles securing $300K in retroactive property tax credits. ● Corporate tax return review for 40 entities; S Corp, LLC, LP, individual and trusts. Insurance administration for entities and segregated activity. Monitor all entity’s legal standing. ● Team mentoring, support AP with 700 monthly invoices. Restructure Yardi vendor setup for 1099's and reduce PO list from 10K to 500. Resolve $300K/800 invoices for 40% reduction. ● Assist CEO in identifying new funds and drafting prospective; securing $20M in commitments from institutional investors. Establish guidelines for capital fund utilization. ● Analyze capital structure, tax exposure, investment posture and cash management for capital expenditures. Develop homogeneous policies, procedures and controls for all accounting duties.
Controller
3D InvestmentsController
Jan. 2008 - Mar. 2013Century City, CA● Corporate accounting for $1B multi-state real estate portfolio; 2K apartment units, 5M sq. ft. of retail and office space, development projects and hotels with $250M annual revenue. ● Reconstruct accounting policies & procedures reducing monthly closing period from 30 to 5 days. Team mentoring and 30% staff reduction while absorbing 3rd party’s transition to Yardi. ● Redesign year-end CPA TWP, legacy reconciliation; reducing tax filing period from September to April. Tax liability analysis; cost segregation, basis, depreciation and 1031 exchange. ● Cash flow, budget and variance analysis, IRR and financial reporting. Loan amortization analysis, defeasance, prepayment and performance per lender covenants. Ensure HUD compliance. ● Recommend benchmarks to measure performance; cross property variance analysis to identify strength/weakness with opposing management to mitigate risk and improve performance. ● Disposition analysis; equity changes, calculate promote, distributions, deferred tax liability and investor allocation. Legacy reconciliation and operating agreement review for final disbursement. ● Setup/update accounting infrastructure for new acquisitions/ownership changes per partnership and lender agreements. CPA liaison for investor’s equity structure. ● Yardi administrator for platform of 180 GL’s, treasury security and technical support; SQL scripts. Advanced Excel financial functions, pivot tables, value lookups and macros.
Senior Property Accountant
Global Integrity RealtySenior Property Accountant
Mar. 2006 - Dec. 2007Beverly Hills, CA● Yardi month-end close, bank & loan reconciliation, management fees and financial reporting. Maintain accurate tenants ledgers; enterprise support for both cash & accrual reporting. ● Manage AR & AP, compress tenant AR, minimize vendor aging and utilize all vendor discounts. Process payroll and calculate corporate reimbursements from individual properties.
Loan Underwriter
Countrywide FinancialLoan Underwriter
Aug. 2004 - Mar. 2006West Hills, CA● Manage loan originator credit facility accounts and loan purchases for securitization in secondary market. Daily average closing of 30 loans/$7M and regular top performer in team of 200. ● Review loan documents, borrower credit dynamics and collateral; to ensure loan conforms to guidelines set by Fannie Mae, Freddie Mac or other investors in secondary market for sale.
Sole Proprietor
Capitalistpig (eBay)Sole Proprietor
Feb. 2002 - Nov. 2004San Luis Obispo, CA● Full operations of business; sales of collectible memorabilia and commissions from liquidation of estate auctions, with monthly revenue of $10K. ● QuickBooks accounting, managing customer relations, sales and receipts, inventory management, vendors and payments, quarterly taxes, internal reporting and cash management.
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