Manager Real Estate

Gregori W. Somoff, CPA

* ******** ****** *******, ** 03755 603-***-**** cell (415) 309-

**** ********@*****.***

EXECUTIVE SUMMARY FOR: Accounting Supervisor (Lincoln)

Experienced CPA with a well-developed appreciation for the relationship

between financial reporting and enterprise success seeks to provide

stakeholders and managers with the data necessary to plan, budget,

maintain, and monitor performance metrics and reports. Successfully

combines experience with in depth G/L, A/P, A/R and P/R knowledge and a

keen attention to detail to drive cost-effective and timely preparation of

accurate financial statements and reports. Facile with numerous G/L, Tax,

and financial reporting packages including Excel, QuickBooks, Timberline,

Yardi, ADP, Caseware, Profx, and Crystal; contributes organizational skills

to optimize workflow and produce superior output well within dollar and

time resource budgets.

AREAS OF SPECIALTY & INDUSTRIES

. General Ledger . GAAP Compliance . Financial Statement

Accounting Reporting

. Internal Controls & . Financial Analysis . External Audit Liaison

Compliance

. Manufacturing . Real Estate . Attorney & Engineering

Partnerships Firms

PROFESSIONAL EXPERIENCE

Confidential CPA, VT 2009 to present

Tax Senior (Per Diem)

Retained to prepare tax season individual and entity tax returns for 15-

year sole practitioner firm. Provide current mid-size firm best practices

to improve efficiencies and assist with transition to a paper-less

environment. Transferred work papers to Excel based workbooks and

demonstrated and documented additional efficiencies within ATB, QuickBooks,

ProSystem fx, and Adobe PDF.

Gallagher, Flynn & Co, LLP, Burlington, VT 2007 to 2009

Senior Manager of Accounting (2008 to 2009)

Planned, performed and prepared audits and review-level full disclosure

financial statements for stand alone and consolidated multi-state business

entities (C and S-Corps and LLCs). Assessed risk, executed procedures, and

prepared written findings and recommendations based on application of

financial, compliance and attribute testing and confirmations. Tracked

entity performance and owner basis; executed year-end tax planning and

pension/bonus calculations; performed account reconciliations and variance

analyses; proposed adjusting journal entries for periodic and annual

closings. Participated in management discussion and analysis.

. Successfully brought current 4 client reporting engagements running >

3+ months delinquent. Remediated client relationships to assist in

retention of clients. Earned recognition as the go-to "troubled

engagement" closer receiving salary increase, promotion, and satisfied

client endorsements.

. Identified a > $2M contingent liability risk that was previously

undisclosed on a >$30M gross revenue client. Worked directly with

client's owners, controller, and counsel to investigate, document,

assess, properly value and disclose the risk. Informed managing

partner of findings and recommended steps to manage risk

identification and to insulate firm from potential fall-out of

client's risk issue. Earned recommendation from the client's

Controller for timely completion of engagement vs. prior year.

Financial and Tax Accountant (2007 to 2008)

Boas & Boas CPAs, LLP, San Francisco, CA

Financial and Tax Accountant

Performed Real Estate Partnership accounting including waterfall

distributions, equity tracking, mergers and acquisitions, and partner

buyouts for developer trio with general and limited partners. Posted check

register, leasing manager reports activity, and non-cash AJEs to prepare

profit and loss statements. Designed and implemented Excel workbooks to

track investor basis and to accurately and timely calculate and disburse

periodic required distributions by participant level per partner agreement.

Gregori W. Somoff, CPA page 2

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5 Fletcher Circle Hanover, NH 03755 603-***-**** cell (415) 309-

6282 ********@*****.***

Allied Administrators, Inc., San Francisco, CA 2005 to 2006

Financial Reporting Manager (contract)

Designed and implemented financial reporting improvements for this Pension

and Health and Welfare Plan Administrator. Leveraged available online data

resources, improved efficiency of annual audit and improved team members'

comprehension and utilization of financial statements and fund account

detail. Liaised with Fund Counsel, Board of Trustees, External Auditors and

Tax Professionals, Investment Managers, and banking representatives.

Prepared bank account reconciliations and initiated fund transfer requests

for premium payments, claims, pension distributions, loans, and

withdrawals.

. Hired to resolve a > 3+ month financial statement reporting backlog of

> 30 Pension (DB and DC) and Health & Welfare Funds aggregating to >

$500M assets under investment. Responded to PBGC, IRS, SSA, and State

notices for reporting delinquencies and participant income tax

reporting and withholding issues. Brought all funds' reports current

in < 4 months instead of the management anticipated 5-6 months and was

awarded a performance bonus.

. Redesigned financial reporting procedures to improve workflow and to

assist in avoiding future reporting delinquencies. Remediated

internal control weaknesses from prior external audits leading to the

funds avoiding recurring and any new management points during current

audit.

Bachecki, Crom & Co., CPAs, San Francisco, CA 1996 to 2005

Financial Reporting Partner (2001 to 2005)

Performed tax planning and projections for individuals and entities

including family limited partnerships and closely held corporations.

Consulted with bankruptcy trustees and their counsel to manage litigation

support engagements by assessing debtor records and securing same for

preference and fraudulent conveyance litigation. Oversaw compliance reports

for bankruptcy court and tax authorities; investigated and responded to tax

claims. Assigned and reviewed work of staff; held signature authority on

financial reporting engagements. Prepared and reviewed operating

reports, solvency, preference, fraudulent conveyance, and estate tax

returns for bankruptcy engagements. Executed income tax planning and

preparation and review of Federal and multi-state income tax returns for

entities and individuals.

. Designed and implemented improved financial accounting processes,

tools, products, and internal quality controls resulting in an upgrade

to an unqualified firm peer review report.

. Prepared declarations and analyses as an expert witness for solvency

and valuation issues before the U.S. Bankruptcy Court in the Northern

District of California.

Staff Accountant (1996 to 2001)

Aalfs, Evans & Co., CPAs, Eureka, CA 1993 to 1996

Senior Auditor

Joined 15-member firm to earn audit experience required for CPA

credentials. Prepared audits and accounting and review services engagements

for partner signature. Interfaced with clients to set up their accounting

software, internal control systems, and to provide income tax planning.

Wertheimer, Dress CPAs, San Francisco, CA 1990 to 1993

Staff Accountant

CERTIFICATION - EDUCATION

University of California, Berkeley CA

Bachelors Degree

Certified Public Accountant: California License #71231

New Hampshire License #5130

Vermont License #001.0058590

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