Real Estate Accounting

Mike Swain, CPA

**** ********* **** ( Carrollton, TX 75007 972-***-**** (

*****@*******.***

Summary

Highly qualified Financial Executive with extensive financial management

experience, specifically in Tax, Real Estate, Accounting and Treasury. A

CPA who brings integrity along with exceptional problem solving,

leadership, and communication skills.

Areas of expertise:

Tax Planning FASB 109 / FIN 48 Partnership

Taxation

Corporate Taxation Corporate Structuring Strategic

Planning M&A Due Diligence International Tax

Multi-State Tax Financial Leadership Financial Analysis

Expense Control

Professional Experience

Hinckley Cook, CPA's, Temporary Employee 2011-

Present

Corporate, partnership and individual tax compliance and consulting.

Consulting

and accounting for small businesses.

Sumner Capital, Owner/CEO 2007 - 2011

Financial consulting and residential real estate investing.

Trammell Crow Company, Dallas, Texas 1987 - 2007

One of the nation's leading real estate development and investment

companies. Acquired by CB Richard Ellis Group in 2006.

Tax Director /Treasurer / Managing Director, 2002 - 2007

Directed all federal, state and international income tax filings, tax

planning, tax audits and GAAP tax provision (FASB 109 & FIN 48).

Responsible for all Treasury functions, including cash investment, cash

forecasting, interest rate hedging strategies, credit line management and

treasury related internal controls. Also responsible for executive

compensation programs, corporate headquarters overhead accounting and

budgeting, and corporate risk management.

Accomplishments include:

. Led financial due diligence including tax, risk, treasury, national

overhead and executive compensation programs pertaining to the CBRE

purchase of TCC. Helped negotiate go forward deal for the Trammell Crow

Company real estate development division.

. Spearheaded the restructuring of the Trammell Crow international

subsidiaries resulting in a more tax efficient and streamlined

organization, reducing accounting and administrative costs and allowing

for movement of cash between countries without paying US tax.

. Reduced state income taxes by approximately $2mm by restructuring the

organization's domestic entities.

. Reduced state income tax costs by over $1mm by revising the corporate

overhead allocations.

Mike Swain

Page Two

Trammell Crow Company (Continued)

Tax Director / Principal, 1997 - 2001

Responsible for tax, corporate headquarters overhead accounting and

executive compensation.

Accomplishments include:

. Coordinated review of all company expenses and oversaw company cost

savings program. Resulted in annual run-rate savings of $40mm.

. Helped consolidate and centralize the accounting function, resulting in

$2mm of annual savings and shortening the close process by 3 days.

. Tax due diligence and integration of several large corporate

acquisitions.

Tax Director, 1992 - 1997

Responsible for all tax related matters for the company. Oversaw

transition from partnership structure to consolidated corporate structure.

Helped convert the corporate accounting function from tax basis accounting

to GAAP accounting. Developed and oversaw profit sharing plan for all

principal level employees and above. Performed all of the financial

modeling related to the 1997 IPO of Trammell Crow Company and assisted in

the negotiations with the founding shareholders.

Tax Manager, 1989 - 1991

Responsible for approximately 800 partnership and 75 individual tax

returns. Managed a group of 4-6 tax professionals. Worked on numerous

real estate workouts, large multi-property refinance arrangements and roll-

up of individual ownership interests of insolvent partners. Implemented

the new Section 704(b) regulations into the partnership agreements.

Tax Senior, 1987 - 1988

Primarily worked on partnership restructuring to facilitate separation of

Hamilton Partners and Spieker Partners from Trammell Crow Company.

Involved complex restructuring of 300-400 partnerships owning several

billion in real estate without paying any current tax. Also prepared and

reviewed partnership and individual tax returns.

KPMG, Dallas, Texas 1985 - 1987

Senior Tax Accountant

Prepared and reviewed corporate and partnership tax returns and provided

tax research and planning.

Education

Brigham Young University, Provo, Utah

Master of Accountancy / Bachelor of Science - Accounting

Graduated magna cum laude

CPA - Texas

Contact this candidate