GLOBAL FINANCE AND ACCOUNTING EXECUTIVE

Multilingual finance and accounting professional with progressive, global experience in both finance and operations capacities at both the business unit and region head levels across the real estate and service industries. Proven ability to combine creativity, vision and organization together with strong analytical skills, leadership and business acumen to partner with key stakeholders to drive improvements across all areas of the business. Experience living and working in multiple countries and with various investment types, including: acquisitions, development, dispositions, and turnarounds and workouts as well as with routine business operations. Areas of expertise include:

• Strategic business planning • Finance analysis and modeling • Investor and client relations

• Improving procedures • Driving results • Influencing stakeholders

• IFRS, US GAAP and tax reporting • Audit and controls • Acquisition integration

PROFESSIONAL EXPERIENCE

Tishman Speyer, New York, NY 01/2010 to 08/2014

Finance Director – Emerging Markets

Reported directly to the Chief Accounting Officer at one of the world’s leading private equity real estate companies. Recruited to improve overall operational functioning of the finance and accounting areas for Brazil which, after two years, led to assuming new responsibilities for China, India and Mexico.

Key responsibilities included: Oversight of financial and statutory reporting to fund and joint venture investors for Brazil including issuance of audit reports; cash forecasting and management and cash waterfall calculations; oversight of budgeting and forecasting processes; handling investor requests; coordination of valuation models and fair value appraisals; governance of asset management and development fees and intercompany transactions; development of new policies and procedures.

Additional details and key contributions:

Responsible for all aspects of Brazil with 20 projects and 10.8million ft2 of commercial, residential and mixed-use space. In addition, also responsible for corporate activities for China and India, including matters relating to property management, fees, loans, cash investment and repatriation, foreign exchange and capital draw processes, implementation of policies and procedures and leadership of the corporate staff. Led the opening of the Mexico office as a new venture, including establishing budgets, and setting up bank accounts and initial procedures.

Responsible for accounting, statutory compliance and statutory reporting, management reporting, investor reporting, tax reporting, budgeting, forecasting and cash management for over 50 legal entities (companies and partnerships) across Brazil, the UK, Mauritius, India, Hong Kong China, Mexico and the US.

Responsible for review and sign-off of each project’s financials on a quarterly and annual basis and consolidation of IFRS, US GAAP and US tax results from the regions. Responsible for elaboration of footnotes, review of the MD&A, producing hypothetical liquidations and capital commitment tracking.

Led FP&A activities for the region, including the annual budget and quarterly forecasting processes. Determined cash needs for projects and approved capital call draw letters from the region.

Coordinated with Fund, Chief Compliance Officer and region heads on Dodd Frank analysis and documentation, SEC reporting and any process memos related to the regions or onshore activities to support or change processes.

Approved on all US tax templates originating from the regions and produced tax templates for upper tier partnerships/JV entities. Signed off on quarterly K-1s and F8832s in the US produced by tax group. Coordinated tax filings for UK, Hong Kong, Mexico and Mauritius with external consultants and provided final sign-offs for the filings.

Managed contact directly with investors in the joint ventures regarding Fund investor requests.

Oversight of property management accounting activities on over 7 million sq. ft. of operating properties.

Led collection and reconciliation efforts across regions that resulted in a decrease in corporate receivables of over USD 30 million and the consistent collection of all amounts over 90 days’ aged.

Directly involved in five major acquisitions and participated in several asset sales, entity sales, REIT syndications, construction loans and company financed sales of residential units, including foreclosures.

Led analysis to outsource several transactional services offshore to reduce transaction costs.

Marriott International, Inc., Worldwide 11/1994 to 12/2009

Director of Finance & Accounting 01/2001 to 12/2009

St. Thomas – USVI (2008 – 2009); Bahia – Brazil (2003 – 2008); San Salvador – El Salvador (2001-2003); DF – Mexico (2000-2001)

In what was essentially a business unit CFO role, responsible for all finance and accounting functions for one or more properties for a global Fortune 500 company and leader in the hospitality industry. Oversight of the following business functions:

• Accounting • Finance • Treasury • Procurement

• Logistics • Receiving • Warehousing • Payables

• Credit and Collections • Legal • Insurance • Tax

• Audit • Payroll / Benefits • Retail • Investor relations

Frenchman’s Reef & Morningstar Beach Resort and Vacation Club St. Thomas USVI

Responsible for one of the highest-profile properties in the portfolio of hotels with multiple points of sale, event venues, retail spaces, marina and recreation activities. Responsible for a team of 18, including 5 Managers. Responsible for oversight of finance for the sister property, Marriott Vacation Club, a timeshare rental and the Director-level Controller for that property. Additional details and key contributions:

Led ROI studies for major capital equipment purchases, installation and operation, including water treatment and energy plants, which led to a significant increase in autonomy and decrease in dependency upon local power company.

Led initiative to participate in governmental incentives that reduced or eliminated importation duties on nearly all capital goods that reduced the cost of delivered capital goods by nearly 7%.

Costa do Sauipe Resort & Spa Bahia - Brazil

Recruited to help turn around two properties that had accumulated over USD 12 million in operating losses and, after two years of operation, had not submitted audited financial reports to its stakeholders and therefore were in a state of deteriorated relations with investors. Led team of 38 including 7 managers. Additional details and key contributions:

Established and executed a turnaround plan that led to submission of 3 years’ of audit financial statements over a 12 months period of time through hiring of key individuals, contracting external service providers and proper planning and execution.

Spearheaded revenue-enhancing and cost-savings plans together with sales, marketing, operations and senior management which lead to a new strategic business plan, repositioning of the business and aggressive operational changes.

Negotiated new deals with wholesalers, travel agents, tour operators and corporate clients to drive business. Negotiated and leveraged deals with new service providers, including initiating public bidding of purveyor agreements for major direct cost products. Re-rationalized head count, outsourcing, benefits, building maintenance and all areas of the business.

Improved total revenues over 66% in 4 years and, during the same period, improved operating profits by 171% bringing the property into the black with a healthy operating margin near 20%. In addition, both employee and client satisfaction surveys increased over the same period of time.

Achieved the Financial Excellence award at the 2006 International Meeting, Persistence award in 2005 and Special Achievement award for Latin America.

Marriott San Salvador Hotel San Salvador, El Salvador

Recruited to help turn around a property that was losing money and had deteriorated relations with investors. Managed a team of 17 including 3 managers. Additional details and key contributions:

Led strategy team to revise the property business plan and executed a higher-volume plan that would allow for the leveraging of rates during peak periods. Participated in sales events and blitzes to help land new agreements, including networking with key personnel from the largest client in country.

The result of the multiple-pronged effort was an increase of over 13% in revenues and over 20 points in operating profit margin over the two year period.

Renaissance Chapultepec DF, Mexico

Recruited to open this brand new hotel as opening Director of Finance. Participated in all startup activities, including: acquisition of capital equipment, improvements, fixtures and operating supplies; hiring of all accounting staff and establishment of all legal entities, bank accounts, labor union agreements, supplier and utility agreements.

Regional Assistant Controller, Latin America Region 03/1998 to 2/2000

Weston, FL

Responsible as second in command for a region that, at the time, was in startup phase, consisting of 7 properties in Bermuda, the Caribbean and Latin America and evolving into over 20 properties prior to my promotion in 2001. My principal responsibilities during this time period were as follows:

• Financial reporting consolidations • Financial performance analysis

• FP&A activities • Capital investment planning

• IT rollouts • Entity, bank account, key pre-opening agreements

Additional details and key contributions:

Developed key performance indicators for the region and was part of the global project team that designed a new financial critique template that was utilized worldwide.

Was responsible for acquisition and rollout of Hyperion for the regional office which allowed the region to independently consolidate financial information a week earlier.

Wrote Excel VBA forecasting model template that allowed for exporting of data from Excel and importation into Hyperion.

Part of small global task force of five members that was tasked with establishing a global contingency plan binder that every property would use and adapt as its BCP at the time.

Assistant Controller 11/1994 to 2/1998

Midwest Region

Responsible as the second in command within a specific business unit property operations for various units across multiple states with progressive responsibility. Due to the acquisition of both the Renaissance Hotel Group and The Ritz-Carlton Company, I had additional duties of traveling to multiple locations to assist with acquisition integration, policy and procedure rollout, systems integrations and general training of Marriott accounting procedures.

EDUCATION

Masters in Business Administration

Florida Atlantic University, Boca Raton FL – 2000. Graduated magna cum laude.

Bachelors in Business Administration – dual major: Economics, Accounting

Saginaw Valley State University, Saginaw MI – 1993

Included a foreign exchange program with Universidad de Las Americas, Puebla – Mexico 1993

LANGUAGES

English Native Portuguese Fluent Spanish Fluent

TECHNICAL

Excel – advanced including VB PeopleSoft – intermediate

Hyperion – intermediate MRI Accounting – intermediate to advanced

Contact this candidate