Management Manager

Richard L. Nordmann

Property Management, Industrial & Financial Institution Accounting, Analysis, Reporting and Expertise

FINANCIAL ANALYSIS & MANAGEMENT • ACCOUNTING

Focused, analytical, creative and assiduous leader who consistently delivers strong outcomes and maintains a superior level of quality and regulatory compliance. Effective in gaining the trust of individuals, achieving consensus, and maintaining long-term, mutually-beneficial relationships. Proactive and forward thinking. Excel in implementing efficiencies that improve organizational goals and monetize results. Forge and direct high-performing teams.

CORE COMPETENCIES SIGNATURE STRENGTHS AT A GLANCE ATTRIBUTES

Strategic Planning • GAAP Analysis • Budgeting • Variance Analysis • Risk Management • Tax Management

Reporting • Presentation • Staff Training & Development • Process Improvement • Regulatory / Corporate Compliance Best Practices • Due Diligence • Executive Coaching & Guidance

“What others say…”

“My heartfelt thanks for the assistance you provide in the work you do.”

Christopher Shays, Member of Congress

CAREER TRACK & PERFORMANCE DRIVING FORCES

STATE OF CONNECTICUT-OFFICE OF THE TREASURER ---CONTRACT WORK Hartford, CT

PENSION FUND ACCOUNTANT 10/2014- 5/2015

Purpose and Scope: Completed detailed account reconciliations between Investment Managers and Office Of The Treasurer's books; prepared invoices for third party investment fund managers; created complicated spreadsheets to manage funs held by investment managers; recommendations to management and Investment Officers regarding areas for process improvement, internal communication.

HARTFORD HOSPITAL/JARVIS PRODUCTS/YALE NEW HAVEN HEALTH/KAMAN---CONTRACT WORK Various Locations

SENIOR STAFF ACCOUNTANT/FINANCIAL ANALYST/SENIOR ACCOUNTANT 8/2013-1/2016

Purpose and Scope: Managed and performed multiple complex financial tasks, including but not limited to, preparation of multi-state Sales and Use Tax returns, General Ledger reconciliations, Payroll reconciliations, Bank reconciliations, production of timely and accurate GAAP Financial Statements, develop spreadsheets for KPI and cash controls, measuring profitability of individual business segments, ratio analysis, and making proactive recommendations to management relative to on-going operations and areas for improvement and achieving greater efficiency.

Phoenix Management Company Stamford, CT

Independent Financial Consultant 2012-2013

Purpose and Scope: Provided exceptional value and expertise to clients with varied, complex financial needs and goals. Analyzed requirements and presented solutions. Ensured total customer satisfaction and loyalty through prompt execution of needs.

Organizational Impact Contributions:

Oversaw budgeting and financial forecasting for Section 8, LIHTC properties.

Maintained full Federal regulatory compliance for all property-related financial actions. These included rent increases, found cost savings, cash flow management, and utility allowance implementation.

Processed resident applications, and recertified existing residents to facilitate business goal achievement.

Effectively managed the receivables and collection process. Monitored cash flow to maximize revenue generation and to achieve upper management goals.

Connecticut Housing Finance Authority Rocky Hill, CT

Asset Manager I 2006-2012

Purpose and Scope: Promoted based upon exceptional track record to manage and perform various financial duties related to 50 properties with a combined value of $72M with focus on increasing financial standing and capabilities. Took a leading role in due diligence and disposition of REO properties, reviewed budgets in support of mortgage developments, and resolves issues. Led HUD management reviews and site visits to safeguard assets, and assisted with underwriting functions.

Organizational Impact Contributions:

Verified NOI in wake of annual financial statements audits for all properties. Collaborated with hired CPAs and management agents to identify and resolve issues, and determined cash distribution requirements for Priority and Shared-Risk initiatives.

Planned, orchestrated and drove an aggressive paper reduction effort to slash annual operating costs. Implemented electronic reporting tools for all 3rd-party quarterly reporting. Replaced manual process with shared, automated, searchable databases. This effort increased organizational efficiencies, reduced waste, improved reporting capabilities and deadline adherence.

Citigroup – The Hartford – CHFA Hartford, CT

Financial Analyst / Account Manager / Asset Manager 2003-2006

Purpose and Scope: Managed and performed complex financial projects with major clients. Developed and maintained strong working relationships with accounting personnel, departmental managers, stakeholders, and other key individuals. Met deadlines and quality objectives, and ensured that regulatory guidelines were fully complied with.

Organizational Impact Contributions:

For Citigroup Travelers Life & Annuity, reviewed and recorded equity investment income from Real Estate portfolio. Developed estimates to support the budgeting process, prepared tax packages, and supported senior executives with ad-hoc special projects.

Engaged by The Hartford Insurance Group to efficiently identified and resolved cash accounting discrepancies between insurance brokers and The Hartford. Successes include realizing the highest level of items cleared from suspended cash for 2 consecutive months.

Developed a cohesive set of standards for internal and external financial reporting for CHFA’s portfolio of 85 diverse residential rental properties. This effort fully met regulatory mandates and was adopted agency-wide.

Tunxis Management, Inc. New Britain, CT

Senior Property Accountant 2002-2003

Purpose and Scope: Played a leading role managing operating budgets and financial reporting actions for 3M square feet of diverse commercial properties. Prepared GAAP financial statements and reporting packages, variance analysis, and provided proactive recommendations to upper management.

Organizational Impact Contributions:

Trained, mentored, and supported a team of junior accountants, ensuring that organizational needs were met and exceeded to the highest quality standards.

Reduced days outstanding by closely monitoring tenant A/R, and effectively and diplomatically performed the collection process.

Maximized revenue potential by conducting internal lease audits, and performed quarterly and annual CAM (Common Area Maintenance) reconciliations and billings for commercial properties.

Consistently excelled and gained the praise of upper management and investors.

Previous Accounting/Finance positions include: Regional Property Accountant – Brandywine Realty Trust • Property Accountant – Kevin F. Donohoe Company • Senior Property Accountant – Fusco Corporation • Accounting Supervisor – PHH/Raveis Mortgage, Insurance & Relocation

LEARNING CREDENTIALS & ENRICHMENTS

Bachelor of Science – Accounting & Finance 1986

Southern Connecticut State University New Haven, CT

Additional courses, seminars and workshops include:

Becker CPA Review Course • Continuing education: NEAHMA, LIHTC, HUD, Section 8, Occupancy

COMPUTER COMPETENCIES

General Ledger / Processing: MRI • Yardi • Skyline • Pro Lease • JD Edwards • J&E • Timberline • CTI • AS400 • SHARP • Business Objects • Millennium • WinTeam

Microsoft: Pivot Tables, V-Lookups-Excel • Outlook • Word • PowerPoint • Money

Other Applications: FAS 2000 • Turbo Tax • MLT • Docupact • REMS • Progress • Lotus Notes

Online Resume

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