Management Real Estate

MARTIN P. BOLKIN, CPA

**** ***** ***** *** ****, CA 91377 5575

C: 818-***-**** *******@*****.***

PROFESSIONAL EXPERIENCE

THE MERRILL GROUP OF COMPANIES, LLC – Woodland Hills, CA January, 2007 – September, 2009

Real Estate Investment, Development, Operations, Property Management, Syndication, and Court Appointed Receiver

POSITION TITLED AS “CHIEF FINANCIAL OFFICER” – HOWEVER I WAS ACTING IN A VERY HANDS-ON CORPORATE

CONTROLLER POSITION

•Overall responsibility for preparation of financial statements and cash flow management, tax, accounting

and reporting for development projects and 20 limited liability companies and other entities.

•Prepared Budgets and monitored actual vs budget with variance analyses

•Maintain Investor relationships.

•Established major cost reduction program using employee leasing program

•Negotiated property financing with major financial institutions and brokerages

•Supervise and direct all internal accounting and tax planning

•Supervise the Director of Property Management and coordinate all inter-department activity between IT,

Property Management, Accounting, and Leasing departments.

•Selects and directed use of outside professionals and consultants.

•Established major cost reduction insurance program with national insurance brokerage firm

CONSULTING ENGAGEMENTS – Sr. Financial Management Positions - Various Industries 2004 - 2006

SYSTIME COMPUTER CORPORATION, El Segundo, CA 2001 – 2004

Global IT – Software Consulting Company - $100,000,000 in Sales, with Fortune 500 company clients

Corporate Controller

Reported to Global Board of Directors. Position eliminated due to global reorganization by parent co. Senior officers now

located in India.

•Full management and administration responsibility for financial reporting/accounting, corporation

income tax compliance/planning/preparation, human resources, credit and collections, budgeting,

operating and financial plans, accounting and financial policies and procedures, and preparation of

monthly financials.

•Established financial management, general ledger, accounting and reporting controls, as well as a

comprehensive program budget, all of which were previously outsourced.

•Prepared and presented current financial statements to management, never previously received in its

6-year history.

•Led ERP Implementation team to JD Edwards fully integrated accounting software program.

•Instituted project management reporting system and policies and procedures.

•Established Risk and Insurance Management program including proper General Comprehensive

Liability, Professional Liability, Directors and Officers Liability and other insurance programs.

CONTINENTAL GRAPHICS, subsidiary of Boeing, Los Angeles, CA 2000 – 2001

Leading multi-location graphics company with major Fortune 500 and government clients

Chief Financial Officer and Vice President, Finance

Position eliminated due to corporate consolidation of operating entities by Boeing.

•Full management and administration responsibility for financial reporting and accounting, using a fully

integrated Oracle system, corporation income tax compliance/planning/preparation, credit and

collections, budgeting, operating and financial plans, forecasting, accounting and financial policies

and procedures, and preparation of monthly president's reports to parent company.

•Reduced accounts receivable DSO from 64 days to 48 days supervising credit/collections manager.

•Uncovered and halted excessive employee personal use of company telephone saving $25K yearly.

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•Administration of job costing of wholesale and retail production process

QUENTRA NETWORKS, INC., fka. Coyote Network Systems, Inc., Westlake Village, CA 1995 – 2000

U.S. publicly traded telecommunications manufacturing / service provider, investment & holding company

Corporate Controller

•Responsible for corporation income tax compliance/planning/preparation, accounting, job costing for

manufactured electronic digital switches, cash management and finance functions, risk, lease and

insurance management, and the overall supervision of subsidiaries’ financial management and

reporting.

•Consolidated financial statements, prepared audits and SEC reporting.

•Managed bank relationships, investments and foreign exchange transactions.

•Worked with investment community in Regulation D and S placements of debt and equity funding.

•Led due diligence teams in mergers and acquisitions.

•Led conversion of old accounting system to MAS90 fully integrated accounting software program.

•Negotiated operating and capital equipment leases saving $500K of cash flow to company.

KATERSKY FINANCIAL, INC., Woodland Hills, CA 1990 – 1995

Real Estate Development, Operations, Property Management, and Syndication

Chief Financial Officer

•Overall responsibility for financial and cash flow management, tax accounting and reporting for 30

limited partnerships and corporations with over 1,200 investors throughout the U.S.

•Established major cost reduction program using employee leasing program

•Negotiated real estate leases with major national retailers

•Supervise and direct all internal accounting and tax planning and preparation activities using national

computerized accounting, property management, MIS, and tax preparation systems.

•Supervise the Director of Property Management and coordinate all inter-department activity between

MIS, Property Management, Accounting, and Leasing departments.

•Selected and directed use of outside professionals and consultants.

REAL PROPERTY SERVICES CORPORATION, Van Nuys, CA 1984 – 1990

Real Estate Development, Operations, Property Management, and Syndication

Vice President and Chief Financial Officer

•Overall responsibility for strategic planning, financial and cash flow management, tax accounting and

reporting for 400 limited partnerships and corporations. This included over 120 different syndicated

and owned and operated properties comprised of low income housing and conventional multi-family

residential, full service nursing and congregate care facilities, and fast food restaurants with over

2,300 investors in 29 states plus Micronesia.

•Coordinated the design and implementation of a state-of-the art computerized accounting, property

management, and management information system

•Managed Risk and Insurance Management program including proper General Comprehensive Liability,

Professional Liability, Directors and Officers Liability and other insurance programs.

•Successfully established IRS Private Letter Ruling allowing pre-1986 tax act tax shelter losses to

continue with post 1986 operations.

•Supervise and direct all internal accounting and tax planning and preparation activities with staff of

eighteen professionals.

•Supervise Director of Personnel with responsibility for over nine hundred employees and all personnel

policies and procedures. Direct all administrative and clerical personnel. Direct inter-department

activity between MIS, Property Management, Accounting, Legal and Marketing departments.

•Selects and directs use of outside professionals and consultants.

ALEXANDER HAAGEN DEVELOPMENT, Manhattan Beach, CA 1982 – 1984

Real Estate Development, Property Management (Shopping Centers)

Controller

•Overall responsibility for financial and cash flow management, tax accounting and reporting for largest

and most active shopping center developer in California.

•Uncovered major embezzlement occurring for 2 years prior to me joining company, resulting in

prosecution and incarceration of employee. Recovered 90% of embezzled funds from bank.

•Supervise accounting staff of fifteen professionals.

•Developed complete, most comprehensive on-line computer system for shopping center property

management and accounting.

CERTIFIED PUBLIC ACCOUNTING FIRMS

REINSCHREIBER, ROSEN, STEIN, & BOLKIN, CPAs, Beverly Hills, CA - PARTNER 1971 – 1982

DELOITTE & TOUCHE, Los Angeles, CA - BIG 4 CPA FIRM - MANAGER 1965 – 1971

•Accounting, tax, and financial consulting partner in medium sized CPA firm (consisting of 30

professional staff); specializing in real estate development and operations, healthcare, medical,

entertainment, business management, automobile industry and distribution and service oriented

industries.

•Experience with all clients entailed broad scope assistance in strategic, financial and tax planning,

budgeting, cash flow management, operating, financial and accounting systems and controls, asset

acquisition, property management and maintenance of real estate properties.

•Responsible for administrative functions in the firm, including staffing, and departmental coordination.

•Supervision of audit and tax staff and review of audited and un-audited financial statements and related

working papers for public and private companies.

•Preparation and review of individual, corporate and partnership income tax returns.

•Managed various SEC engagements, including IPOs, interfacing with underwriters and attorneys.

•Involved with various mergers and acquisitions for clients and with private placements of both debt and

equity.

EDUCATION

BBA, Accounting and Finance, Woodbury University, Los Angeles, CA

AFFILIATIONS

Statewide appointment, California State Committee on Human Resources, 1994 – 2007

Association for Financial Professionals (AFP), member

American Management Association (AMA), member

City of Hope Auxiliary, past president and "Man of the Year" award recipient

The Executives, Board of Directors and Chairman of the Finance and Membership committees

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