Real Estate CFO

DAVID J. MAAG

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

Summary of Qualifications

Proven professional with highly developed management and analytical skills. Experienced with sophisticated financial modeling, acquisitions and dispositions, and process improvement. Special expertise in successfully applying technology to business issues.

Professional Experience

2007-present The Evans Company, Bellevue, Washington Chief Financial Officer

Direct all accounting and financial reporting functions for 1.7 million square foot retail, residential and light industrial portfolio.

Cash management and tax compliance for over 50 entities.

Manage network and accounting systems. Lead implementation of a new fully integrated accounting, property management, payroll, and job cost system.

Financial analysis for current and proposed projects as well as refinancings and buy/hold/sell decisions.

Provide analysis and consultation regarding owner’s personal tax and estate planning situation. 2006-2007 Vulcan Real Estate, Seattle, Washington

Manager – Real Estate Finance

Lead the accounting and financial reporting for all of Vulcan’s construction activities.

Interfaced with Development Department in review and validation of project pro-formas. 2004-2005 Cosmos Development, Bellevue, Washington Vice President – Real Estate Operations

Responsible for all aspects of the real estate portfolio, including leasing and property management. 2000 - 2004 Washington Mutual Bank, Seattle, Washington Corporate Property Services, Vice President and Division Finance Officer

Managed the accounting, budgeting, and reporting for the bank’s 24 million square foot portfolio of real estate with a budget of $850 million.

Enhanced processes and procedures leading to an upgraded department rating.

Supervised the engagement of third party property management and tax management vendors.

Lead the development and implementation of new real estate cost allocation process. My part of this bank-wide initiative was called “a real success story” by the bank’s CFO.

Consulted with senior management on trends and issues surrounding real estate activities.

Initiated new Business Line KPI reporting process and new planning tools. 1996 - 2000 Cosmos Development, Bellevue, Washington Controller

Directed staff of 4 encompassing corporate, property management, development, and construction accounting.

Implemented new accounting system and procedures, ending delays in financial and tax reporting.

Also responsible for tax compliance, information systems, human resources, and office administration.

Department was running so smoothly when I left for new opportunity at Washington Mutual that the owner took on my responsibilities and did not hire a replacement Controller. 1988 - 1996 Vyzis Company, Bellevue, Washington

Controller (1990 to 1996)

Directed a department of 10 responsible for the financial reporting, tax compliance, and financial analysis for 3.2 million square feet of commercial real estate.

Promoted from Project Accountant to Assistant Controller to Controller within 2 1 2 years of joining company.

Managed conversion to new PC network encompassing accounting, property management, and work order systems. Project was completed on schedule and within budget.

Numerous special projects for owner of company regarding analysis of potential acquisitions and dispositions, personal tax situation, operations, finance, etc.

Oversaw cash management function and maintained lender relations. Assistant Controller (1989-1990)

Streamlined operations by enhancing and standardizing department procedures.

Developed and implemented automated cash flow projection and tenant invoicing capabilities. Project Accountant (1988-1989)

Full general ledger and tax compliance responsibilities for 5 real estate partnerships. Education B.A. in Business Administration

University of Washington, Seattle, Washington

Certification Certified Public Accountant, State of Washington, (Inactive)

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