R E S U M E
CFO/Controller, MBA, CPA (Inactive) Experience with high-tech startup and fast growth re-start entities in finance, real estate, leasing, retail, manufacturing and health care and other nonprofits. Innovative manager likes challenge. Self- starter, proactive leader with the drive to strive for and attain continuous improvement. Experience includes banking and board relationships, financing, financial analysis, merger and acquisitions, pre-IPO financing, SEC and tax reporting, audit management. Excellent PC skills including Excel, Word, Power Point. Strong system conversion experience and financial systems implementation. SOX and internal controls implementation, risk assessment, and fraud prevention. Strong technical knowledge, financial planning & analytics, business foresight, and problem-solving skills. Viewed by business partners and finance colleagues as a thoughtful leader with strong, influencing capabilities who maintains open and transparent communication channels. Experience:
CFO – Real Estate Brokerage
January 2012 to Present
CFO for large residential real estate brokerage. Designed, modified, and monitored agent compensation plans. Using predictive analytics, created short and long term financial models. Implemented cost reduction plans lowering operating costs by 15%. Innovated changes to vendor relationships in order to maximize cash flow. Created per agent budgeting process rolling up to the annual budget by office. Designed dashboard for KPI’s. Worked with CEO and COO to restructure service delivery model. Developed new reports in LoneWolf and QuickBooks. Coordinated transactions and accounting between owner’s entities. Refinanced long term debt and negotiated a line of credit. Oversaw construction program. Prepared opening and closing office analysis. Generated data and analysis for tax accountants. Reviewed insurance program and increased coverage while reducing costs. Converted Great Plains to QuickBooks. Designed budget reports including KPI’s and other statistical information. Prepared various monthly reports for loan compliance and city and state reporting.
April 2009 – January 2012
Interim Finance Director for Futures Without Violence, a ten-million-dollar non-profit organization. QuickBooks and Financial Edge software. Prepared financial statements, managed accounting department, and advised on accounting treatment of Historic Tax Credit.
Consultant/Interim CFO for Cypress Lawn Association a non-profit organization operating an endowment cemetery with a large sales and marketing group, a for-profit five site funeral home business and a foundation. Sales $30 million, assets totaling $180 million, over 200 employee and $80 million in trust funds. Developed FRx reports for the Great Plains accounting system. Installed new billing system. Accelerated close. Consulted on investments opportunities, 401K and pension plans. Managed HR, IT and Purchasing, external auditors. Prepared monthly Board of Directors package.
Controller/Project Manager – Interim for United Commercial Bank. Managed finance operations using Blackline, PeopleSoft, Medavante systems. Evaluated loans, warrants, other assets and liabilities. Accelerated closing schedule, valued warrants, reconciled major accounts, programmed new InVision statements.
Interim Controller for a six-million-dollar chain of retail stores using QuickBooks. Cleaned up accounting for cost of goods sold and prepared financial statements and financing package. Chief Financial Officer
CitiFunding Group Inc., San Francisco, Ca.
December 2002 to April 2009
CFO responsibilities for a high growth private investor group owning and managing over 300 residential multi-family properties with 250 commercial units, three major office buildings and six hotels. Group grew by five-fold in six years to over $135 million in revenue, $2.5 billion in assets. Responsibilities include HR, AP, AR, collections, budgeting, property accounting, financial modeling, taxes and investor reporting using Yardi. Working with Partners and CEO, R. Lathouwers Resume - Page 2
developed a financial model for 300 buildings and 8000 units to calculate and project the various remodeling and financing alternatives. Created innovative cash flow technologies, prepared tax data for over 150 LLCs, four corporations and the partners’ personal tax returns and personal financial statements. Streamlined the compliance reporting process to banks and loan servicers. As business grew, accounting staff went from 5 to 24. Designed, programmed and implemented monthly operations reporting. Initiated business process improvements that saved
$500,000 a year implementing controls on tenant buyouts and remodeling. Negotiated loan default agreements. Chief Financial Officer
SOMA Real Estate, San Francisco, Ca.
July 2000 to August 2002
CFO for technology start-up real estate brokerage. Managed Pre-IPO financing from Fortune 100 Company for initial funding. Restructured basic business plan and prepared financial model (using Excel) for national roll-out. Raised capital for equipment purchased, participated in strategic planning, growth decisions, managed cash flow, and performed all day-to-day accounting functions. Installed Epicor/Platinum with FRx Reporting. Due to collapse of real estate market after 9-11, additional financing could not be obtained and company closed. Organized liquidation and closure.
Shamrock Materials, Petaluma, Ca.
1997 to July 2000
Retailer/wholesaler of building materials and concrete manufacturer. Sales of $75 million. Implemented reporting, inventory, cost control procedures and reports. Converted accounting system to Great Plains, FRx reporting, audit preparation. Managed IT, accounting functions for this multi-plant, multi-store organization, its subsidiaries and related investment partnerships. Developed an Access function that produced a P/L for all products, services each month and generated customer P/L’s. Programmed consolidation of subsidiaries. Accelerated close. Corporate Controller
PLM International, Inc., San Francisco Ca.
1991 to 1997
Directed corporate accounting, SEC reporting, accounts receivable and payable, budget performance reviews and financial and acquisition analysis and due diligence. PLM was an AMEX listed, international leasing and operating company of transportation equipment and syndicator/manager of investment partnerships. Reduced closing schedule from thirty to nine days by working across departments, eliminated redundancies, and simultaneously reduced accounting staffing from 35 to 30. Re-engineered financial services and supervised system conversion to JD Edwards. Supervised new entities in England and Australia; established foreign exchange accounting. With audit partner worked on innovative solutions to GAAP issues relating to residual value, valuation adjustments, revenue recognition, and capitalization. Prepared NASDAQ broker/dealer reports. Arthur Andersen & Co., CPA’s
Chicago, Il - Five years’ experience in manufacturing, Banking and finance audits. Technology Experience:
In depth knowledge of Business Intelligence, Planning and ERP systems with proficiency in Microsoft tools (Excel, Outlook, Access and Word). Systems: Oracle, InVision, Blackline, QuickBooks, Great Plains, Lone Wolf, FRx, Financial Edge, Yardi and HMIS, SMS. Have managed successful conversions with Yardi, LoneWolf, Epicor / Platinum, JD Edwards.
Masters of Management (MBA) in Finance
Kellogg Graduate School, Northwestern University, Evanston, IL. Bachelor of Science in Accounting
University of Illinois, Urbana, IL.
CPA (Inactive), CGMA Member: American Institute of Certified Public Accountants