Management Sales

Jeffrey M. Colan

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**** ******** ****, ********, ** 30062

770-***-**** Home ? 678-***-**** Cell ? *********@*****.*** email

Controller

? GAAP Financial Reporting & Presentation ? MAS90, TCMS, GEAC,

Crystal Reports

? Cost to Complete Revenue Recognition ? MS Office/Advanced

Excel/Peachtree

? Intercompany & Joint Venture Reconciliations ? Budget & Rolling

Forecast Preparation

? Cash Flow Management ? Staff Management & Training

Broad financial management experience in the construction and service

industries. Achieved success through current market analysis, precise

forecasting, application of extensive knowledge of industry revenue

recognition rules, cost cutting, implementing organizational structures to

meet all deadlines in a timely manner, maintaining an entrepreneurial

ethos, recruitment of new talent, and hands on management of staff to

achieve goals targeted.

Professional Experience

SDI Milcon Services, LLC Annual Rev $ 7 Million

Controller 2009 - Current

Multi-state commercial concrete contractor focused primarily in the

military base housing privatization program. Established initial balance

sheet via the purchase agreement for a newly formed LLC. Created a valid

contract schedule with percentage of completion revenue adjustments to

arrive at the partner's final purchase price. Established job costing

methodology, purchase order controls, cash flow management, bid/estimate

analysis, multi-state licensing and tax reporting, contract margin

analysis, insurance and bonding requirements review, outside audit

coordination, SBA certification, etc.

Ruby-Collins, Inc., General Contractors Annual Rev (2008) $ 37.0

Million

Controller 2008

Hired to replace retiring CFO/Owner of a General Contractor specializing in

the construction of water/sewage treatment plants. This management

transition was planned to include the chairman and VP of operations. The

ongoing difficulties in the construction industry forced an abrupt shift in

the company's entire business plan to one of downsizing, asset liquidation,

and indefinite postponement

of partner retirements. Supervised three employees ensuring accurate and

timely flow of accounting functions including A/R, A/P, certified payrolls,

revenue recognition, balance sheet review, joint venture and intercompany

reconciliations, proactive adaption to upcoming labor law changes, contract

and change order review, tax reporting deadlines, audit participation, IT

maintenance, etc.

Prolandscapes, Inc. / LLC Subcontractor Rev $

12.5m/yr Controller/President 2002 - 2007

Successfully assisted owner in achieving challenging growth targets adopted

for a commercial landscape/hardscape installation contractor. Produced the

company's first financial reports using the percentage of completion

revenue recognition method. Ensured compliance with all local, state, and

federal tax reporting requirements. Developed and implemented all

accounting, billing, job costing procedures, and financial reporting.

Responded to any and all requests for detailed corroboration of the

company's reported performance to prospective buyers during the due

diligence phase of the marketing and eventual sale of the company.

Maintained a positive and productive work environment for all staff

throughout the difficult ownership transition.

Jeffrey M. Colan- Page Two

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IES Corp, Inc. / Mark Henderson, Inc., GA Contractor Rev $

85 m/yr

Group Controller 2000 - 2002

Financial reporting and management for a public company's regional division

in the commercial

electrical installation industry. Provided consolidated financial reports

for four sister companies

that had been part of a previous national "roll-up" of similarly sized

contractors. Supervised the day to day activities of a staff of five to

provide for a smooth and efficient flow for all accounting functions

including A/R, A/P, certified payrolls, multi-sate tax reporting, balance

sheet reconciliations, intercompany reconciliations, coordinate with

external audits, multi-state sales tax compliance, etc. Managed the

complete cash flow cycle of all four sister companies utilizing DSO metrics

and hands on customer contact. Led the budget review and cost-to-complete

analysis with all project managers for on a monthly basis to provide

accurate revenue recognition.

Capital Construction Co. Inc., GA General Contractor Rev $

14m/yr

Controller 1998 - 2000

Financial reporting and management for a general contractor specializing in

heavy concrete installation contracts for the Lockheed corporation in Cobb

County. Supervised two employees ensuring accurate and timely flow of

accounting functions including A/R, A/P, certified payrolls, tax deadlines,

general ledger reconciliations, sales tax compliance, reviewed insurance

adequacies, etc. Prepared monthly financial statements for partners,

tracked budget performance and variance analysis for all subcontractor

divisions, produced all response documents to outside CPA audit, and

proofed all bid accuracies. Provided monthly cash flow details and

projections to management and outside agents to satisfy ongoing bonding

requirements.

SMG Development, LP., GA Average Annual Revenues $ 12.5

million

Senior Accountant/Controller 1996 - 1998

Real estate partnership between George Morgan and Sumitomo Financial.

Principally developed the Hamilton Mill and Medlock Bridge subdivisions in

metro Atlanta. Produced consolidated monthly financial reports for the

partners in New York. Briefed senior management regarding current

performance and forecast tracking prior to partner conference calls.

Established and maintained the proper cost component to be booked for all

lot sales in the communities. Reviewed all transaction postings by staff

for accuracy and appropriateness. Prepared and tracked budgetary

performance for the real estate marketing division. Produced annual

management budgets and profit estimates. Determined the proper allocation

of overhead amongst the projects and partners.

John Cassidy Air Conditioning, Inc., FL Avg. Annual Rev.$ 7.5 million

Assistant Controller 1989 - 1996

HVAC business located in West Palm Beach Florida operating a 24 vehicle

service department and ten independent installation crews. Supervised two

employees ensuring accurate and timely flow of accounting functions

including A/R, A/P, inventory management, certified payrolls, tax reporting

deadlines, general ledger reconciliations, union benefit compliance, etc.

Reviewed all components of WIP to ensure accurate revenue recognition.

Produced multi-level monthly financial reports for the owner. Implemented

software replacement migrating away from IBM Sys 36.

University of Pittsburgh - BA Economics/Finance 1986

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