JONAH GEWIRTZ, CPA
**** ***** ******* ***. ** · Brooklyn, New York 11234
917-***-**** · ********@***.***
CHIEF FINANCIAL OFFICER/CONTROLLER
Detail-driven business strategist, with approximately 35 years of progressive financial management experience with exceptional ability in planning, financing, budgeting, cost control and analysis. Proven leadership and management capabilities, strong problem-solving and analytical skills. An accomplished real estate accounting professional with experience in asset management and strategic planning with a track record in improving return on invested capital. Exceptional communicator and negotiator, with stellar record of forging strategic relationships with clients, financial lenders, business partners, investors and vendors that drive maximum performance and profitability. Key strengths include:
Operations Management · Financial Analysis & Reporting · Organizational Management
Relationship Management · Strategic Planning · Acquisitions & Dispositions Analysis
Cross Functional Team Leadership · Operating / Capital Budgeting · Cash Flow Management
Staff Supervision · P&L Management · Regulatory Compliance · Negotiations
Asset Valuations · Analytical / Financial Skills · Due Diligence · Credit Management
ROI Enhancement · Analytical / Financial Skills · Lender / Vendor Management
PROFESSIONAL EXPERIENCE
GFI Real Estate Limited,New York, NY, · 2017-Present
Chief Financial Officer
·Assumed leadership of a Company that invests in real estate in the United States and raises capital overseas via issuing bonds on the Tel Aviv stock exchange
·Oversees financial reporting in accordance with IFRS, including a balance sheet in excess of $1 billion
·Coordinating and approving Immediate Reports
·Review waterfall model and budgets
·Prepare cash flow projections and deed of trust covenant calculations
·Liaise with accounting policy and Corporate Accounting for entity consolidation and reporting
·Review of all cash movement, acquisitions, sales, capital calls and distributions
·Manage third party due diligence process, including review of appraisal reports
·Prepare high-quality presentations of all types for audit and balance sheet committees as well as Board of Directors
·Involved in ISOX process and implementation of committee recommendations
9300 Realty, New York, NY · 2015-2016
CHIEF FINANCIAL OFFICER/CONTROLLER
·Successfully supervised a major revamping of accounting department
·Re-engineered I & E process for more accurate and timely reporting
·Supervised a successful transition of accounting software to Yardi Voyager
·Supervised AP tasks to ensure invoices are processed in a timely manner
·Initiated cost reduction program that saved approximately 450K in accounting fees
·Accounting management of property management group responsible for over 2,600 tenants
·Strong leadership, mentoring and interpersonal skills. Manage a team of 5 employees
JONAH GEWIRTZ, CPA, PC, Brooklyn, NY/ JACK FOGEL AND COMPANY, New York, NY •
2014-2015
Partner/Owner- Per Diem
• Prepared individual, corporate, partnership and trust tax returns utilizing Lacerte and Pro-
Series Tax Software
Prepared detailed projections and budgets for clients
Retained as an “expert witness” in a major real estate litigation case. Conducted “forensic”
accounting examination of the books and records of numerous residential apartment buildings
covering a twenty year period. Generated multiple reports from rent management program to
assist attorney in defending plaintiff’s claims, SUCCESSFUL IN SAVING CLIENT $12 MILLION.
COLONIAL MANAGEMENT, Brooklyn, NY · 2009-2014
CHIEF FINANCIAL OFFICER/CONTROLLER
·Hired to assess/improve controls, provide audited financial statements; produce more timely,
accurate and comprehensive reporting
·Assessed operations and successfully implemented new initiatives including monthly status presentations to executives, operating budgets and forecasts, stronger accounting controls (including segregation of duties), written accounting procedures, cost analysis, employee communication and training programs
·Reengineered P&L process for more accurate and timely reporting
·Improved monthly-consolidated accounting close, a reduction of 60 days or more from previous process
·Responsible for maintaining and administrating all fiscal aspects of both the operating and capital
budgets for approximately 90 entities
·Negotiated with vendors and insurance companies to maximize savings
·Established controls and protocol in maintaining office procedures in accounting, personnel and IT departments
·Prepared annual budgets and monthly variance and cash flow reports
·Successfully revamped the entire financial infrastructure of the Company
·Developed financial models, breakeven analyses and financial reporting packages for all of our portfolio’s, enhancing management’s ability to timely identify financial and operating trends
·Accounting management of property management group responsible for over 1,900 tenants
·Supervise a staff of 20
JONAH GEWIRTZ, CPA, PC, Brooklyn, NY · 1991-2003
Partner / Owner
Performed compilation, review and certified audits. Also provided extensive in-house accounting services to various real estate management companies. Functions included, but not limited to:
· Reviewed tenant leases, analyzed various mortgage options, calculated return on investment, return
on equity and internal rate of return
· Develop procedures to assure prompt rent collections, tenant screening, disbursement of payables,
eviction and legal services.
· Preparation of monthly reports, such as accounts receivable, payable, profit and loss, balance sheet, cash flows, and variance analysis.
· Prepared annual financial statements, comparative analysis, cash flow projections and budgets.
· Reviewed, analyzed and evaluated real estate syndications, partnership agreements and stipulations.
·Computerized consolidation and analysis of monthly and year-end financial statements. Resulted in annual savings of approximately 2,000 staff hours and 50% reduction in turnaround time on closings.
·Functioned as a liaison between the owners and bank in helping facilitate and consummate all borrowing needs. Prepared all financial data and schedules as required by lenders.
·Performed due diligence reviews and analysis of properties under consideration by client for purchase.
·Prepare quarterly and year-end payroll tax forms and filings.
·Founded successful CPA firm from the ground up.
·Successfully passed quality reviews administered by the American Institute of Certified Public Accountants (AICPA).
IN ADDITION CLIENT BASE WAS DIVERSIFIED IN OTHER INDUSTRIES, SUCH AS HOSPITALITY, PROFESSIONAL, HEALTH CARE, ACCOMODATION AND FOOD
SERVICES, RETAIL TRADE, WHOLESALE IMPORTERS AND DISTRIBUTORS AND MANUFACTURING.
OMNI WATCH & CLOCK COMPANY LLC / PEACEMARK OMNI MMD, Brooklyn, NY · 1991-1999
2003-2009
Global importer of watches from Far East with $28M+ in sales spanning U.S., UK, China, and South America.
Chief Financial Officer
Manage and oversee all facets of financial functions for company. Supervise 10 individuals. Review bank account balances to ensure accuracy; also evaluate previous day’s cash activities. Review new sales proposals, pending contracts, and legal notices. Analyze price quotes from factories in China and new orders; ensure timely deliveries. Review trade magazines to identify new sources for manufacturing
products. Expedite all financial and budget reporting to JV partner in Hong Kong; also manage all financial reporting to company’s lender and parent company in Hong Kong. Develop detailed annual forecasts and budgets. Interface bank loan officer to review matters and provide updates. Coordinate and oversee all international tax matters relating to company’s overseas activities.
Elevated line of credit with lender from $3M to $12M.
Forged partnership with Bank of China to develop and launch a $5M lending facility.
Reduced financial closing cycle from 30+ to 7 days by implementing process controls for A/P, A/R, and General Ledger.
Lowered corporate overhead by 25% annually.
Saved 15% in manufacturing costs by developing relationship with foreign factory in China.
EDUCATION
Bachelor of Arts, Accounting
Queens College, Queens, New York
CERTIFICATIONS
Certified Public Accountant, State of New York
ADDITIONAL TRAINING
Continuing Professional Education coursework
PROFESSIONAL MEMBERSHIPS
Member, American Institute of Certified Public Accountants (AICPA)
Member, New York State Society of CPAs
JONAH GEWIRTZ, CPA
3323 Kings Highway Apt. 4D · Brooklyn, New York 11234
917-***-**** · ********@***.***
Dear Sir/Dear Madam:
Having successfully managed and impacted financial operations for numerous esteemed organizations, I am now seeking the opportunity to join a firm such as yours in an executive-level financial management position.
As a Certified Public Accountant with approximately 38 years of experience providing expert organizational and leadership skills, complemented by a Bachelor of Arts in Accounting and extensive real estate experience, I feel confident in my abilities to leverage these credentials and deliver outstanding results for your company.
Currently, I am a CFO of a real estate company that invests in the United States with funds raised overseas via the issuance of bonds on the Tel Aviv stock exchange.
Policy/procedure development, business reengineering, standardization of practices, organizational efficiency, relationship building.
Strategic planning, financial modeling, analysis, controls, systems development, forecasting and reporting.
Exceptionally successful in developing, maintaining and sustaining both financial and operational relationships with financial institutions, partners, vendors and key personnel.
Successfully establishing lines of credit and finance sources with banks and lending institutions as CFO/Controller for Omni Watch and Clock; also automating company’s recordkeeping, accounting, and control systems.
Please accept this letter and enclosed resume as an introduction to my skills and qualifications. For a more detailed account of my contributions, feel free to contact me at your earliest convenience to schedule a conference. Thank you in advance for your consideration. I look forward to your call.
Sincerely,
Jonah Gewirtz