Real Estate Manager
Resume:
GEOFFREY M. HARMON
Rancho Cordova, CA • 916-***-****
abkvhr@r.postjobfree.com
www.linkedin.com/in/geoffreyharmon
FINANCIAL MANAGEMENT
Real estate and construction finance/accounting professional with 10 years of experience in accounting
and financial management. Part of management team developing strategies and solutions for key
financial issues. Licensed CPA (state of Indiana). CPA Exam High Grade Award Winner, Indiana.
Strategic and analytical thinker. Excellent problem solver and communicator. “Big picture” thinker with
keen attention to detail. Demonstrated success record in:
Partnership agreement structuring, Sarbanes Oxley (SOX) Compliance
• •
including “waterfall” profit sharing Analysis
provisions Taxation Issues (Specialties: Real Estate,
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Project Budgeting, Planning, and Financing Partnership Issues)
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Financial Modeling / Financial Analysis Supervision of Direct Reports
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Project Due Diligence Oversight of External Accounting
• •
New Venture Implementation Resources
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Financial Reporting
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Internal Controls Development and
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Implementation
SELECTED ACCOMPLISHMENTS
Reviewed and completed due diligence on apartment complex transaction that returned 18% IRR
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and $2M profit in two year period
Analyzed and recommended reallocation of resources away from faltering project, which
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ultimately saved upwards of $3M that had previously been designated for project
Developed financial models and financial strategies for complex multi phased pre levered master
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planned community with entitlement, development, construction, and financing challenges
Prepared and participated in bank presentations and negotiations securing $20M+ debt financing
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Performed complex buy versus lease analysis for corporate office location and determined
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strategy of leasing property rather than building new office
During audit of hotel affiliated with national chain, discovered and reported on anomalies in
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accounting for transactions between national chain and local property, leading national chain to
replace property’s general manager and improve communications with local property owners
GEOFFREY M. HARMON, Page 2
During audit of equipment distributor, discovered misclassification of insurance expenses
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resulting in $200K understatement of liabilities, increasing owners’ understanding of and control
over expenses
PROFESSIONAL EXPERIENCE
GRANITE LAND COMPANY, Sacramento, CA 2003 – 2010
The real estate investment division of Granite Construction Incorporated, investing equity in development
projects throughout the western United States.
Finance Manager 2006 2010
Senior Financial Reporting Accountant, 2004 2006
Real Estate Accountant, 2003 2004
Scope of duties:
• Accounting/Controllership:
o Oversaw financial reporting for division of publicly traded company, including 20+
consolidated joint venture entities and several equity method entities
o Developed internal controls over financial reporting, including procedures to be followed
by consolidated ventures, and oversaw implementation of those controls
o Analyzed classification of assets as held for investment vs. held for sale, including
review/development of documentation to support tax position
o Analyzed partnership tax issues, including income allocation decisions and determination
of whether to pursue safe harbor requirements
o Reviewed assets for impairment and determined fair market value if impairment charge
was warranted
o Reviewed venture state and federal tax returns
• Real Estate Analysis:
o Reviewed and developed cash flow proformas for residential, multi family, office, and
retail properties
o Generated income and balance sheet forecasts for projects and for division
o Forecast financing availability and terms by modeling and evaluating loan to value ratios,
net operating income, debt service coverage ratios, and other factors
o Analyzed project feasibility and performed due diligence review for potential new
investments
o Aided in developing financing packages for presentation to lenders, including development
budgets
o Reviewed loan draws and monitored compliance with loan budgets
GEOFFREY M. HARMON, Page 2
o Participated in negotiation of contractual documents and reviewed certain legal documents
such as venture operating agreements, bank loan documents, letters of intent, and contracts of
sale
SOMERSET CPAs, Indianapolis, IN 2000 – 2002
Full service certified public accounting and professional services firm – one of the ten largest CPA firms
in the Indianapolis area.
Senior Accountant, 2001 2002
Staff Accountant, 2000 2001
Scope of duties: Provided audit, review, compilation, taxation, and consulting services to wide range
of clients primarily in real estate, construction, health care, and manufacturing
EDUCATION
Master of Professional Accountancy, Kelley School of Business, Indiana University (Bloomington)
Bachelor of Arts in Economics, Indiana University (Bloomington)
AWARDS AND CERTIFICATIONS
Certified Public Accountant, Indiana, December 2001
High Grade Award Winner, Indiana CPA Society, November 2000 Uniform CPA Examination
Wells Scholarship, Indiana University (Bloomington)
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