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Real Estate Accounting

Location:
Saint Cloud, MN, 56301
Posted:
March 09, 2010

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Resume:

Scott K. Bailey JD, CPA

**** ******** ****

St. Cloud, MN 56301

abipqr@r.postjobfree.com

612-***-****

Education:

University of Notre Dame

B.B.A. in accounting, cum laude

May, 1981

DePaul University College of Law

J.D.

June, 1985

Experience:

CPA/Consultant August, 2009

- present

Scott K. Bailey JD, CPA

Saint Cloud, MN

. Directed an accounting and consulting practice specializing in

providing financial, tax and accounting services to startup, small and

mid-size businesses and wealthy individuals.

Chief Financial Officer January,

2009 - August, 2009

Goldmark Property Management, Inc.

Fargo, ND

. Responsible for all accounting and financial functions for a $600

million real estate property management company consisting of 256

entities and more than 10,000 multi-family units and 18 commercial

properties in four states.

. Redesigned budget process for all entities including the parent

management company.

. Redesigned accounts payable and credit card payment processes.

. Reviewed and reevaluated quarterly dashboard reports.

Chief Financial Officer June, 2004

- November, 2008

Sand Companies, Inc.

St. Cloud, MN

. Responsible for all accounting and financial functions for a $400

million real estate development, construction and property management

company consisting of multi-family rental real estate and hotel

properties.

. Member of Board of Directors.

. Financial reporting includes GAAP reporting for fifty-two separate

entities.

. Responsible for investor relations and reporting for all entities.

. Uniformly designed accounting policies and procedures for all

properties and designed special reports, as necessary.

. Scheduled and organized audits of approximately thirty-four entities,

including HUD Section 8 and MHFA reporting.

. Prepared personal financial statements for majority owner.

CPA January, 2000 -

June, 2004

Scott K. Bailey JD, CPA

Minneapolis, MN

. Directed an accounting and consulting practice specializing in

providing financial, tax and accounting services to startup, small and

mid-size businesses and wealthy individuals.

. Directed a sole proprietor CPA firm while the owner was on a leave of

absence.

Controller August, 1996 -

January, 2000

Aagard Sanitation, Inc. and Ace Solid Waste, Inc.

Minneapolis, MN

. Responsible for billing, accounts receivable, collections, accounts

payable, payroll, cash management, bank relations, financial

reporting, accounting system development and human resources.

. Led accounting department during growth period which increased company

value from $14 to $40 million without increasing staff size.

. Led two separate accounting software conversions.

. Redesigned all accounting reports and systems, including financial

reporting, accounts receivable and cash management.

. Developed key quarterly financial reporting ratios and created

historical data base related thereto.

. Advised President on merger/acquisition opportunities and successfully

integrated four into company operations and advised the President on

the corporate buyout with Waste Management in 1999.

Partner September, 1994 -

August, 1996

Abdo Abdo & Eick CPAs

Bloomington, MN

. Responsible for firm-wide tax policies, research and compliance for a

regional accounting firm specializing in small and growth-oriented

business and highly compensated individuals.

. Generated second highest billings amongst all partners during second

year surpassing one of two senior partners.

. Responsible for all tax matters related to a major real estate

development and property management company.

CPA/Attorney January,

1990 - September, 1994

Scott K. Bailey JD, CPA

Eden Prairie, MN

. Specialized in providing services to startup and growing businesses

and wealthy individuals.

. Led several estate, tax and financial planning seminars in conjunction

with Morgan Stanley Dean Witter.

Controller June, 1986

- January, 1990

Stuart Corporation

St. Paul, MN

. Responsible for all accounting functions for a real estate

development, construction and property management company.

. As the company's first controller, developed staff from 4 to 16,

including accounts payable, accounts receivable, general ledger,

financial reporting, MIS, purchasing and cash management.

. Financial reporting included reporting to more than fifty separate

owners of fee managed properties.

. Uniformly redesigned chart of accounts and financial reports.

. Scheduled and organized twenty audits amongst six public accounting

firms, including HUD Section 8 and MHFA reporting.

. Led system conversion from S/36 based system to a Lan-based system

utilizing Timberline software.

CPA/Tax Supervisor

June, 1981 - June, 1986

Deloitte & Touche

Chicago, IL and Minneapolis, MN

. Tax accountant with the small and emerging growth company practice.



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