GARY M. VILLANOVA
Upper Montclair, New Jersey 07043
*************@*******.***
CAREER SUMMARY
Financial executive with over twenty-five years experience in managing
finance, accounting and reporting for mid-size companies ($20-130 million).
Industry experience includes real estate development, construction and
property management, wholesale distribution, manufacturing, consumer
products, commodity brokerage, banking and thrift. Expertise in operating
responsibility, financial modeling, budgeting, cash flow projections, bank
financing and financial analysis. Career foundation as a senior manager in
public accounting.
PROFESSIONAL EXPERIENCE
City Homes & Gardens LLC
2009-current
CONTROLLER (Property Management/Development/Construction/)
Responsible for overall financial management for these real estate
development concerns.
. Controller for 5 residential properties totaling 675 units managed by
City Homes & Gardens and two projects totaling 500 additional units to be
constructed by related development firm. Plan annual budgets, perform
monthly closes and produce monthly reports and operating analysis for
fund owner.
. Responsible for construction accounting on all projects. Maintain
relationships with lenders, partners, general contractors and
subcontractors. Prepare all AIA documents for bank construction loans.
Assemble and submit draw requests, make capital calls to partners and
manage cash flow to subcontractors.
Wavestone Properties-Hoboken, NJ
2005-current
DIRECTOR OF FINANCE (Development/Construction/)
. Responsible for accounting and reporting of construction projects for
this developer. Completed 3 projects totaling $75 million over four year
period. Current operations include a condo-hotel in Florida and resort
hotel on Long Island.
. CFO/Controller for 95 room resort hotel property in Montauk NY.
. Raised $1.5 million bridge loan to complete construction of condominium
construction project.
. Responsible for financial statements, investor updates and tax
information for all investments.
.
Texas Liquids, LLC -West Orange, NJ
2003-2004
CHIEF FINANCIAL OFFICER
Responsible for overall financial management for this $130 million
wholesale distributor of propane
and distillate fuels in 40 states. Supervised seven.
. Established procedures for new $12 million motor fuel sales division.
Negotiated credit
lines with suppliers, established credit limits and taxation for
customers
. Established annual financial projection to secure additional seasonal
loan requirement from our asset-based lender.
The Lumiscope Company, Inc. -East Brunswick, NJ
1997-2003
CHIEF FINANCIAL OFFICER
Responsible for overall operations and financial management for this $25
million importer, manufacturer and distributor of medical products.
Supervised eleven.
. Selected and directed implementation of FACTS enterprise resource
planning system. Designed additional management reports to provide
inventory forecasts, and enhanced customer and product profitability
analyses. Implementation resulted in increased inventory turns and lower
operating costs.
. Responsible for relocation and consolidation of business resulting in
annual savings of $70,000.
Continued-
Gary M. Villanova CPA 973-***-**** *************@*******.*** cell
973-***-**** Page 2
. Worked with third party handler to reduce returns and chargebacks, saving
$60,000 annually. -
. Negotiated working capital loan facility with bank. Prepared business
plan for bank and projected
and tracked loan availability on a weekly basis. Negotiated
seasonal over advances.
. Instituted expense reductions through rationalization and vendor
concessions, saving $200,000 annually.
. Established and monitored inventory standard costs.
. Increased cash by $300,000 through recognition and sale of non-current
inventory.
SK Products Corporation - Clifton, NJ
1992-1997
CONTROLLER -TREASURER
Directed all financial and administrative functions for this $33 million
foreign owned national distributor of imported furniture.
. Downsized company through centralization and plant closings, saving $2
million annually.
. Identified slow moving, excess and damaged inventory for write down.
Developed liquidation and
close-out sales at multiple branches, resulting in raising
$800,000.
. Reduced medical premiums $50,000 by switching to a managed care network.
Elders Finance Group - New York, NY
1989-1992
FINANCIAL ANALYST
Structured and evaluated principal investment opportunities in highly
leveraged transactions for the merchant-banking arm of this worldwide
finance company. Responsible for industry research, due diligence,
financial analysis, and credit committee proposals.
KPMG - New York, NY
1976-1989 SENIOR AUDIT MANAGER
Serviced a wide range of public and private clients in several industries.
Responsibilities included auditing and financial reporting, special
investigations and bankruptcy services.
PROFESSIONAL AFFILIATIONS
Certified Public Accountant, New Jersey
New York State Society of Certified Public Accountants
EDUCATION
Masters of Science -Accounting, New York University 1997
Bachelor of Arts, Hamilton College, Clinton, New York 1976