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Manager Real Estate

Location:
Weymouth, MA
Posted:
January 28, 2014

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Resume:

Scott W. Darby

** ******** ****** *******, ** ***43 Phone # 781-***-****

OBJECTIVE

Experienced Finance professional seeking a Senior Leadership role within an innovative Hospitality Company.

PROFFESiONAL Experience

LONGWOOD EVENTS INC. Events and Real Estate Management Company

Chief Financial Officer 2012 Present

• Oversee all financial activities of Longwood's corporate office and four active venues with combined revenues of nearly 30 million

dollars.

• Oversee all budgeting, forecasting, month end reporting, capital expenditures and the reconciliation of all asset, liability and owner

equity accounts for multiple entities.

• Negotiate all lease contracts and maintain excellent relationships with all landlords.

• Participate in the oversight of architectural design/planning, legal, project management for all property renovations.

• Assist in all acquisition activities including analysis of potential projects, due diligence and preparation of financial presentations to

lenders.

• Oversaw the reworking of the accounting and human resource procedures and policies, including the employee handbook, new

hire and exit checklists and all accounting standard operating procedures.

• Work with our CPA on yearly tax preparation and audit activities.

• Responsible for nearly a 43% year over year increase in NOI (2013 vs. 2012).

CHARLES SQUARE CAMBRIDGE, LLC Real Estate and Hotel Management Company

Director of Finance 2010 2012

• Oversaw all financial activities for Charles Square Cambridge, LLC, including the Charles Hotel, the Pro Park Garage and over

150,000 ft2 of class A office and retail space, with combined revenues of nearly $60M.

• Oversaw the planning and execution of capital expenditure projects for all aspects of this mixed use project.

• Responsible for budgeting, cash and operational forecasting, profit and loss statement management, information technology,

payroll, accounts payable and receivable and financial reporting.

• Aided in opening Corbu, their new upscale Salon and Spa; developed and implemented financial plan.

• Implemented a new wage control/monitoring system, food purchasing program and laundry analysis program with the potential of

over a half million dollars in annual savings.

• Key liaison with owner representative.

SEAPORT COMPANIES A Fidelity Company Real Estate, Hotel and Event’s Management Company

Controller 2007 2010

• Oversaw all financial activities for the Seaport Hotel, the Boston World Trade Center, Seaport Asset Management and Resource

Plus; with total combined revenues of nearly $100M.

• Primary liaison on all financial matters between the Seaport Companies and Fidelity Investments; producing and/or overseeing

the monthly operating report and all monthly, quarterly and yearly financial reports and presentations to senior management.

• Worked with Fidelity’s Corporate Tax Department in preparation of yearly taxes and acted as primary contact for yearly audit by a

third party audit teams.

• Responsible for budgeting, profit and loss statement management, execution and management of all capital expenditure projects,

payroll, accounts payable and receivable and financial reporting.

• Initiated numerous cost saving and revenue enhancing initiatives resulting in a year over year increase in Net Income of $160K

despite a very challenging economic downturn.

• Oversaw a staff of fourteen and achieved a 4.9/5.0 employee satisfaction score; one of the highest in the company.

• Awarded “Rookie of the Year” and “Manager of the Year”.

WELLESLEY COMPANIES, LLC Real Estate Acquisition, Fund Management Company

Fund Controller 2006 2007

• Oversaw the financial activity of three diversified real estate funds with over 200M in assets, which generated an over 30% IRR.

• Responsible for the analysis and determined the feasibility, of numerous potential real estate projects in multiple asset classes.

• Developed the strategy for both the acquisition and development financing, working with multiple debt and equity sources, as well

as, the set up of legal entities to address the specific needs of each project.

• Coordinated the development and sale of multiple condominium ground up and conversion projects.

• Lead a team of five property accountants who performed all accounting functions for the Maynard Mill office complex, home of

monster.com, with over 1M ft2of office space, four apartment complexes, with over 1,000 rental units and three retail sites with over fifty

tenants.

• Oversaw the management and reporting requirements for five external multifamily real estate properties.

PYRAMID ADVISORS, LLC Hotel Acquisition and Management Company

Regional Controller 2005 2006

• Joined shortly after Pyramid obtained their second fund, a $600MM joint venture with Morgan Stanley.

• Performed financial and operational analysis, due diligence, P&L and pro forma validation and contract review of potential

acquisitions.

• Directly oversaw the accounting functions and month end close for Pyramid’s Regional Accounting Office and the Beverly

Heritage, Hilton Fisherman’s Wharf and Doubletree Del Mar hotels.

• Authored the company’s Finance and Accounting Standard Operating Procedure Manual.

• Assisted in driving the growth from eight to thirty two hotels in under a year.

MARRIOTT INTERNATIONAL Hotel Management Company

Director of Room Operations/Acting Director of Finance Irvine Marriott Hotel 1997 2003

• Managed all aspects of room operations for the Irvine Marriott.

• Awarded highest guest satisfaction scores for an airport property in the western region in 1998.

• Improved department profit by 2% over prior year numbers, the most profitable since the opening of hotel.

Director of Sales Administration/Project Coordinator Marriott Vacation Club 1995 1997

• Managed all aspects of Marriott’s sales gallery, including sales executives, accounting, escrow, operations and administrative

support personnel.

• Established objectives and direction for sales executive team resulting in a 20% increase in sales efficiency, the highest since the

inception of the Sales and Marketing Center.

• Established administrative procedures for escrow process resulting in a four day reduction in the close of escrow time.

General Manager/Lead General Manager Courtyard by Marriott 1989 1995

• Provided regional support and direction in implementing and maintaining brand standards and initiatives to six Courtyard hotels

located within the Phoenix Arizona area.

• Managed all aspects of three 150 room hotels.

• Coordinated management staff for front office, housekeeping, restaurant, engineering and sales departments.

• Twice nominated for national General “Manager of the Year”.

• Implemented innovative marketing and operations strategies resulting in 3% 8% profit improvement.

• Assisted corporate office, as local contact, for potential site selection and market input.

REGISTRY HOTELS INCORPORATED

Front Office Manager 1987 1989

• Managed all aspects of front office, including front desk, reservations, bell staff, and PBX phone departments for a 581 room

airport hotel.

• Awarded “Manager of the Year”, during which time the hotel underwent a ten million dollar renovation.

Education

COLUMBIA BUSINESS SCHOOL, New York, New York

Masters of Business Administration – Executive Program 2004

Concentration in Finance and Real Estate

PEPPERDINE UNIVERSITY, Malibu, California

Bachelor of Science in Management 2002

GPA 3.97/ 4.0

TECHNICAL skills

Proficient in: Oracle, PeopleSoft, Yardi, Profitvue, Argus, Great Plains, QuickBooks, Microsoft Office, PowerPoint, Word, Excel,

Outlook, Galaxy, Opera, Logistics Hotel Accounting, M 3 Accounting Software, Crystal Ball scenario modeling, Peachtree, Daylight



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