Construction Financial

***** *.*. **** *****

Davie, Florida *****

Benjamin E. Braunstein

E-Mail: ac4x8f@r.postjobfree.com

Cell Phone: 954-***-****

PROFILE

Knowledge spanning multiple industries with more than 20 years experience in all financial aspects of the construction and other industries. Senior positions held which include multi-million dollar transactions for large corporations to start-ups.

EXPERIENCE

Mainland Development, Inc., Master Builders of South Florida, Inc., Nico Development, Inc.

Chief Financial Officer January 2004-Present

Duties include all financial reports to management (consolidations, cash flows, budgets, projection analysis, variance analysis and all receivables and payables). Supervision of 10 employees within the department.

Directly involved with financial statements and monthly construction draws for 20 projects. Master Builders of South Florida, Inc, Mainland Development, Inc and Nico Development, Inc. operates a multilevel networked computerized system.

Responsible for the complete financial function including maintenance of all financial records for 12 to 15 entities (Partnerships, Corporations and Joint Ventures) with a total asset base of over $200 Million, working with lenders, construction companies and internal partners in achieving the total project objectives.

Accomplishments: Increase profitability with implementation of cost cutting methodology. Set up new financial analysis for the review and application by all levels of the organization. Short and long term reporting to the executive staff and the board of directors.

Set up new construction loan agreements and draw request schedules with

Financial institutions. Negotiate subcontractor buyouts to increase job profits,

cash flows and cash requirements.

Codina Construction Corporation

Senior Controller April 2001-January 2004

Complete financial aspect inclusive of all activities listed above.

Streamline the construction draw methodology that saved 15%-20% in costs and time.

Supervision of the accounting departments for both the Construction Department and the Building Management divisions.

Maintain all financial records; devise all construction draws, estimate costs to complete and profitability of all construction activities.

Accomplishments: New method to expedite all essential paperwork to increase profit margins for the management of the buildings. Develop new construction inspection capabilities to increase the overall process for funding and the receipt of construction draws 2-3 days in advance.

ADDITIONAL ORGANIZATIONS

Highwoods Properties, Inc.

Plave, Goldberg & Manten

Ben Franklin Properties, Inc.

COMPUTER SOFTWARE

QuickBooks, Peachtree, Timberline, Deltek, Computerease, Lotus 123, Microsoft Programs (Word, Excel, Outlook, PowerPoint)

EDUCATION

MBA-Financial Management Hofstra University

BBA-Accounting, Finance University of Cincinnati

C.P.A.-New York-Non-Practicing

BOARDS-ORGANIZATIONS

Member-Construction Financial Management Association

Financial Advisor-Village at Lake Pine II Townhouse Association

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