Jonathan H. Appel
*** ********** *** #***, ***** Plains, NY 10605 914-***-****
*******@*****.*** ( www.linkedin.com/in/jonathanappel
CFO / Controller
Senior financial executive with broad based experience in construction,
real estate development, manufacturing and services industries. Cost
control and managing rapid corporate growth. Familiarity with union,
surety and lender compliance, certified payrolls, Work-In-Progress
schedules, AIA documents. Expertise on GAAP, tax reporting requirements,
percentage-of-completion accounting method. Small Company expert. Advanced
user of QuickBooks (including Enterprise); Sage 50; Sage 100; Sage 300;
Timberline; Master Builder; Peachtree; SAS; CAPS; all components of MS
Office Suite (Word; Excel; PowerPoint; Access; Publisher) and many other
accounting & financial packages.
Career History
JHA Consulting Group, Principal
2011-Present
. Revised business plan verbiage and completely overhauled the
financials, historic, present and pro forma, for North American
Nutritional Supplements company.
. As interim CFO with NYC Construction Management firm, set up
accounting and computer systems.
. As acting CFO for an $80MM national general contracting firm, assisted
in year-end close, audit, six month statements and software
conversion.
. Consulted on Business Plan for roll-out of 10 store retail wellness/
cosmetic centers.
. Responsible for year-end closing for many properties and several major
Construction Loan closings for NYC Property Manager/Developer.
. Consulted as assistant to CFO for $300MM MEP contractor/general
contractor.
. Assisted in year-end financial statement preparation including
notes for outside auditors.
. Wrote new policies and procedures, Oversaw Risk Management and
insurance requirements; helped in securing new insurance post-
merger, writing RFP for multiple brokers, putting together
renewal packages, interviewing and negotiating with brokers.
. Devised and implemented new procedures for sub-contractor
insurance requirements in contracts, for tracking sub-contractor
Certificates of Insurance and of information management for
insurance claims.
Evans & Paul LLC, Chief Financial Officer
2010
CFO just prior to private equity investment for $7MM manufacturer/installer
of solid surface solutions.
. Responsible for all monthly and quarterly reports to private equity
firm, bankers & lenders.
. Ensured that all loan covenants were met on a monthly basis.
. Researched, identified and began implementation of first integrated
ERP system.
. Created employee manual. Developed policies and sales & marketing
procedures resulting in a 100% increase in revenues over a six month
period.
Ascend Group LLC, Vice President Finance / CFO
2005-2010
CFO for New York City Real Estate Developer of luxury condominium projects.
. Performed analysis for profitability of new projects and returns for
investors.
. Oversaw financing requirements, accounting and funding requests of
multiple condominium developments ($55MM to $275MM).
. Responsible for compliance with primary and mezzanine lender reporting
requirements and liaison with outside professionals.
. Managed intercompany transactions among seven project entities and one
affiliated real estate management company.
. Set up accounting and computer systems for real estate developer;
assisted in training and oversight of related management company.
Authored company's Employee and Procedure Manuals.
Jonathan H. Appel 914-***-**** ( *******@*****.***
Page 2
CJA Enterprises Ltd., Consultant
2004-2005
. Produced pro-forma financial statements and schedules (seven years)
with investment banking firm for $100MM hotel casino venture.
Indicated profit and exit strategy potentials, securing investment for
the client.
. Created company structure for post seed international start-up
manufacturer/wholesaler. Acted as interim Chief Financial Officer.
. Reengineered financial statements of multi-state corporation for
possible company sale.
. As interim controller, partnered with internal staff to complete year
end close for $25MM construction subcontractor.
Ecker Window Corp., Vice President / CFO
1998-2004 Supervised and oversaw accounting and office staff for $20MM+
window and door subcontractor.
. Responsible for all federal and state tax reporting for three
corporations.
. Prepared working trial balance and adjusting entries for independent
auditors.
. Determined capital expenditure needs; performed cost benefit analysis
of lease vs. purchase.
. Administered union reports for union payroll, compliance with union
and governmental requirements.
. Directed all human resources functions. Trained staff on in-house
computer systems.
. Instituted weekly job costing analyses with estimates. Saved the
company $650,000 by identifying erroneous postings to job costs and
unchecked purchasing and instituting new purchasing and posting
requirements.
. Instituted a new policy requiring purchase orders and approvals. Job
costs were reduced an average of 10% on retrofit jobs, $2+M, and 20%
on new construction jobs, saving $2.8M.
Pak Mail Centers of America, Principal of Franchise
1992-1998 Opened, ran, and oversaw company growth to top 10% of all Pak
Mail stores, one of the top rated international franchises in the Business
Support Services field.
. Oversaw full business from lease negotiation through hiring personnel,
vendor contracts, customer service, accounting & tax preparation, and
advertising & marketing decisions.
Previous Experience
Controller and Systems Administrator for two HVAC subcontractors and
service companies ($8MM - $17MM)
Tax Manager and Senior Auditor for CPA firm
Professional Affiliations
Construction Financial Management Association (Member - Board of Directors,
New York City Chapter and Westchester/Fairfield Chapter (1986-2003 & 2006-
2007); Institute of Management Accountants (1978-2003); Institute of
Management Accountants Controllers' Council (1985-2003); The FENG (2011-
Present)
Education
MBA, Accounting ( Pace University, New York
BS, Accounting ( State University of New York