Real Estate Manager

PETER J. ALVAREZ

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

Howell, New Jersey 07731

SUMMARY

Controller with extensive accounting and financial reporting experience. Effectively developed and

managed budget and forecasting processes. Supervised monthly close process, GL maintenance, journal

entry preparation and balance sheet reconciliation. Excellent communication and interpersonal skills with

the ability to interact with clients, as well as all levels of management. Demonstrated success in leading

teams and creating a positive work environment.

Business planning and financial analysis Financial models and forecasting

Financial reporting and financial statement Cost accounting and cash

preparation management

Accounting policies and procedures Rate of return and profitability

analysis

PROFESSIONAL EXPERIENCE

MADISON MARQUETTE 10/2007 – 4/2009

(Contract Employee from 10/2007-3/2008)

Controller

Responsible for implementing financial strategies and accounting controls and policies. Direct and

coordinate daily financial affairs of the organization. Develop, analyze and interpret key financial

information to evaluate operating results. Manage external audits and reporting requirements. Provide

oversight monitoring of the department and guide staff development.

Responsible for project accounting for 22 simultaneous real estate development projects, including

commercial, residential condo development and historic landmark renovations and full cycle accounting for

restaurants, bars, retail shops, entertainment venues, concerts and theater productions. Lease administration

and CAM reconciliations. Report to: VP of Development/CFO, Staff: 1 Accountant, 1 Accounts Payable

Clerk.

Developed a new organizational structure and chart of accounts resulting in improvement in

financial reporting and the budgeting process.

Managed the implementation of a new accounting system resulting in clarity of financial

information, increased accuracy of financial results and faster turnaround time.

Developed a Daily Sales Report which improved the timing of relevant information and allowed

management to make faster and better financial decisions.

Implemented new cash management reports and procedures to evaluate future cash needs and the

availability of cash.

Revamped accounts payable procedure resulting in workflow improvement and faster payment of

invoices.

Improved inventory control resulting in a reduction in costs and better tracking of existing supplies.

A1 REAL ESTATE SOLUTIONS, LLC. 3/2003 – 10/2007

Business Manager/Owner

Oversee complete business operation including cash management and financing needs, accounting and tax

planning, legal issues and business planning and forecasting for residential real estate investments .

Manage labor needs and material requirements by verifying takeoffs. Supervise and guide contractors and

construction crews during rehab phase of projects.

Increased profitability by successfully managing real estate investment portfolio and determining

financing needs for investment opportunities.

Implemented procedure to accurately collect, evaluate and consolidate financial data resulting in faster

turnaround of financial reports.

Prepared and analyzed bid packages in order to present reasonable offers while maintaining the

company’s profit requirements.

Developed partnerships and assembled teams of real estate professionals to assist in business ventures

as needed.

PETER J. ALVAREZ

Page Two

DOTCOM DISTRIBUTION 8/2002 – 3/2003

Accounting Manager/Controller

Managed the financial reporting process including general ledger, monthly financial statements, audits and

cash management. Responsible for the review of all cost accounting information, inventory control and

variance analyses. Oversaw the strategic planning function and the development of the annual budget.

Supervised the accounts payable, accounts receivable and billing functions. Report to: Chief Financial

Officer, Staff: 2 Financial Analysts, 1 Accountant

Implemented financial systems and new procedures to capture and analyze direct costs resulting in

improved accuracy of charges to clients for work performed.

Developed cost improvement measures for warehouse personnel resulting in lower costs and increased

productivity.

Designed procedure and reports to capture and summarize daily financial activity resulting in timely

and concise reporting to senior management.

Developed new cash management procedures to determine cash needs and financing strategies.

Leader of management team in charge of reviewing alternative business strategies that have increased

the company’s revenue base.

ERNST & YOUNG LLP 10/2000 – 3/2002

Manager of Financial Analysis

Responsible for overseeing all business matters for the firm’s technology group, including financial

reporting and analysis, project accounting and managing the budgeting and forecasting process. Managed

the monthly closing process and provided interpretation of monthly financial results, statistical analysis,

written communications and oral presentations. Report to: Director of Finance, Staff: 4 Financial Analysts

Developed and implemented financial controls and new procedures in preparing the annual budget,

which resulted in the achievement of all corporate targets and faster budget submissions.

Improved the reporting process by modifying the firm’s financial statements to provide financial

information in a different format to the senior managers of the technology group without compromising

the integrity of the financial information.

Changed the process of calculating certain monthly accruals improving the accuracy of monthly

financial statements.

Provided financial analysis and consultation in support of new initiatives resulting in better business

decisions and improved financial results.

Developed and presented empowerment principles to company-wide staff improving overall morale as

measured by employee survey results.

PARSONS BRINCKERHOFF QUADE & DOUGLAS 8/1996 – 10/2000

Budget Manager

Responsible for the company’s overall budget process. Prepared holding company budget and determined

the allocation of holding company and corporate costs to all profit centers. Supervised the preparation of

various financial performance reports, including revenue recognition, cashflow, project costs, billability

and overhead rate analyses. Report to: Assistant Controller, Staff: 2 Financial Analysts

Revamped the company’s overall budget process resulting in faster budget production, increased

flexibility and error reduction.

Acted as liaison between management and outside auditors in discussions concerning allocation

methodology and overhead rate calculations resulting in faster auditor’s approval of financial reports.

Improved project accounting and reporting processes by developing a template that summarized all

project activity, expenses and budget overruns facilitating progress tracking.

PETER J. ALVAREZ

Page Three

PARSONS BRINCKERHOFF QUADE & DOUGLAS (Cont.)

Developed cash target guidelines and cash flow forecasts to meet day to day cash requirements,

maximize cash collection efforts and reduce accounts receivable balances.

Automated reports of quarterly financial results submitted by international subsidiaries resulting in

faster preparation and analyses of balance sheet and income statement.

SULLIVAN & CROMWELL 3/1994 – 8/1996

Senior Financial Analyst

Responsible for preparing budgets and forecasts related to the domestic and international operations of the

firm. Developed monthly financial reports and analyzed variances versus plan, and if necessary,

implemented corrective measures to ensure the achievement of budget targets. Performed various analyses

such as new office start-up, internal rate of return and personnel and profitability studies. Report to:

Assistant Controller

Coordinated quarterly budget meetings with department heads to review operations and identify

potential budget issues resulting in improved financial targets and budget processes.

Reduced the firm’s expenses by performing internal rate of return analysis on capital

investments and lease versus buy alternatives.

Designed the monthly management report to include a summary highlighting financial activity

resulting in quicker and concise information.

LINTAS WORLDWIDE 3/1992 – 3/1994

Senior Financial Analyst

Evaluated operating budgets and forecasts including taking corrective action to reduce costs. Developed

various analyses such as source of income, expense ratio analysis, personnel and use of office space.

Evaluated potential candidates for mergers and acquisitions and performed post acquisition analysis.

Report to: VP Finance

Developed spreadsheet to track agencies with revenue erosion and calculate the cost reduction

necessary in order to meet cost control guidelines and improve profitability.

Changed format of monthly agency report resulting in improved analysis by the financial team.

Automated the consolidation of domestic and international operations resulting in faster report

production.

EDUCATION & MEMBERSHIPS

B.S. Finance, St. John's University, Jamaica, NY

Licensed Realtor in the state of New Jersey

Member of the Garden State Real Estate Investment Association

COMPUTER SKILLS

Advance technical experience in the use of microcomputers and most widely used business software i.e.,

Excel (pivot tables, formulas/functions, v and h lookups, macros) Microsoft Word, PowerPoint, Access,

ORACLE, Essbase, Hyperion, Business Objects, MRI, BNA, Primavera and QuickBooks.

LANGUAGE: Fluent in Spanish

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