jon h. sasaki, CPA, CFA
**** ***** ***** ~ Alhambra, California 91803
**********@*****.*** ~ 818-***-****
http://www.linkedin.com/in/jonsasaki
Qualifications Profile
Seasoned Financial Executive with solid and progressive experience in all
facets of accounting, financing, financial management, operations
management, and executive leadership within the real estate industry.
Possess CPA and CFA designations. Successfully collaborating with all
members of the organization to achieve business and financial objectives.
Instrumental in optimizing cash flow, streamlining financial processes,
enhancing productivity levels, introducing process improvements, and
implementing technology solutions. Technical proficiency in MS Office,
Argus DCF, HP12C, and 17B. Additional strengths include:
( Financial Stewardship & Controllership ( Financial
Management & Accounting
( Financial Reporting & Consolidations ( Budget Management
& Financial Analysis
( Cash Flow Management and Financing ( Tax Compliance
Oversight
( Executive Leadership & Operational Excellence (
Technology Enhancements & Process Improvement
( Payroll & Benefits Administration ( Staff Supervision
& Training
( Strategic Planning & Business Analytics ( Cost
Containment
Career Highlights
. Spearheaded the improvement and growth of the Los Angeles Division of
a NYSE company from a net loss with 15 employees to over a 20% return
on net assets with 85 employees in less than 3 years.
. Prepared and delivered several successful presentations to the Board
of Directors to justify the ongoing operation and increased funding of
the Southern California division of a NYSE company.
. Facilitated workout discussions with secured and unsecured creditors,
which included completing the assignment of the Company's Assessment
District rights and obligations to a municipality, avoiding
involuntary bankruptcy, resolving mechanic's liens and related
lawsuits to foreclose, negotiating the deed in lieu of foreclosure
agreements, and settling lawsuits to enforce corporate guaranties.
. Implemented a $25 million software and hardware conversion for a $300
million homebuilder and real estate developer.
. Managed over $250 million in revolving commercial paper facilities and
lending relationships.
. Simultaneously quantified product development budget overruns while
instituting new budget creation and maintenance procedures to yield
more accurate and improved operating results.
Professional Background
Premium One Realty Partners and Affiliates (2006 - Present)
Chief Financial Officer (2009 - Present)
. Provide executive leadership and direction to the financial
stewardship of a real estate acquisition and management firm, which
included financial statement preparation, accounting, tax compliance,
budgeting, and forecasting.
. Perform financial due diligence evaluation of all land and office
acquisition candidates.
. Coordinate investor and lender financing and reporting of NCREIF-
compliant returns for this real estate asset management firm.
. Manage all aspects of banking and financing relationships.
Chief Operating Officer - S.K.Y. Management (2006 - 2009)
. Maintained sole accountability for financial and operational
management of 500,000 square feet of office buildings and over 4
square miles of land through multiple management and development
companies.
. Pioneered the implementation of the new NewStar computer software,
which managed and reported the consolidated corporate and construction
job cost activities.
. Played a key leadership role in generating home and land sales
revenue as well as maintaining high occupancy rates in commercial
properties
Richmond American Homes of California, Inc. (Subsidiary of M.D.C. Holdings,
Inc.) (1998 - 2006)
President - Los Angeles Division (2003 - 2006)
. Managed all aspects of the aggressive turnaround and growth of the Los
Angeles/Ventura homebuilding division.
. Led the negotiation of land acquisitions and managed construction
initiatives.
. Oversaw purchasing, sales, marketing, project entitlement, and design
center operations.
Regional Vice President of Finance (1998 - 2003)
. Selected to manage business planning as well as overall accounting and
financial management of 3 divisions in the Southern California region.
. Implemented Sarbanes-Oxley requirements and reported the financial
results for the Southern California region to the corporate office.
. Evaluated internal controls and identified areas for risk exposure.
. Assessed prospective project risks, performed project financial
feasibility and prepared profit forecasts.
Shapell Industries, Inc. (1992-1998)
Vice President and Corporate Controller / Assistant Corporate Controller -
Shapell Industries, Inc.
. Charged with oversight of the Company's extensive holdings of regional
shopping centers, multi-family projects and homebuilding development.
. Managed all aspects of accounting, reporting and information
technology for the Company's construction and corporate activities.
. Managed treasury operations, obtained Company financing and
coordinated loan covenant reporting.
Early Career:
Vice President and Corporate Controller - Heron Financial Corporation
Accounting Manager - MCO Holdings, Inc.
Audit Senior - Ernst & Whinney
Education & Credentials
Master of Real Estate Development
University of Southern California
Phi Kappa Phi Honor Society
Bachelor of Science in Accounting
University of Southern California
Credentials:
Certified Public Accountant, State of California; Chartered Financial
Analyst; Real Estate Broker, State of California
Affiliations
American Association of Individual Investors