CHRISTOPHER J. BENEDICT 231-***-**** ***********@*****.***
OBJECTIVE:
Continue to function as accounting / financial professional where individual efforts contribute to organizational success
EDUCATION
Eastern Michigan University, Ypsilanti, MI
Bachelor of Business Administration: Accounting
1993 – 1997
Colorado State University, Fort Collins, CO
MBA: Accounting
2005 2007
RELEVANT WORK EXPERIENCE
Granger Group
Wyoming, MI
Controller
2022 Present
Create and manage GAAP compliant financial statements on a monthly, quarterly, and annual basis.
Manage all tax issues
Interface with the firm's public accounting firm and manage the relationship.
Oversee all cash management tasks, including forecasting cash needs; A/R & A/P management; managing depository accounts; managing payroll; managing working capital and bank lines; and supporting operating managers with cash flow forecasts.
Present to the CEO on a weekly basis the firm's cash flow needs and resources.
Present to the CEO on a weekly basis the firm's P&L and deviations from plan.
Present to the CEO monthly the firm's complete financial statements including analysis of capital structure and performance.
Prepare annual and monthly plans to be used in budgeting and performance benchmarking.
Supervise and provide feedback to the Assistant Controller on A/R & A/P management, bank reconciliation, all working papers and reports, and compliance with firm policies.
Oversee all corporate accounting functions.
Provide monthly financial statements for 60+ separate entities
matters.
Responsible for the initiation of corrective action regarding accounting methods, polices that have been identified as problematic. Document issue, action plan, and results.
Responsible for the implementation of a new accounting software package PCC Cannon – Berkshire Hathaway
Muskegon, MI
2021 2022
Assists in forecasting A/R Metrics for quarter end and year end
Gather financial information necessary to develop and prepare periodic financial performance reports.
Assist in financial planning and forecasting activities
Help prepare annual budgets and target setting
Aid in formulating and administering corporate financial policies.
Assist in preparing reports for financial presentations.
Help in the design of financial models and financial reports to evaluate financial strategies.
Adhere to all Company 6 S initiatives and policies.
Preparation of financial reports
Proficient computer skills in Glovia, MS Excel, Word, Cognos, and Syteline
Provides assistance to the IT department on various projects for identifying methods to streamline accounting or other systems for improved efficiency and cost reduction purposes. MOKA Corporation
Muskegon, MI
Chief Financial Officer
2009 – 2021
Responsible for maintaining a 21 million annual budget
Created a positive cash flow system of a net operating income of $1.2m in 2010, $750k in 2011, $546k in 2012, $1.4m in 2013, $650k in 2014, $550k in 2015 and $1.3m in 2016 while reducing our corporate debt by over $2.5 million and increasing our asset base by over $4.8m or 15.4%
Supervised 8 individuals including accounting staff, IT staff, and property management
Responsible for all corporate investments, with a reallocation growth of 34.5%
Coordinate all external audits and banking activities including Interest Rate Swap Agreements.
Prepare financials projections for the Board of Directors
Negotiate contracts with Muskegon, Ottawa, Kent, and Allegan County Community Mental Health Agencies
Provide monthly financials statements for 35+ separate entities to the CEO and Board of Directors
Westwood Development Group
Norton Shores, MI
Controller / V.P Finance
2001 2009
Negotiated Capital Partner Joint Ventures worth $60 million dollars
Prepare financial analysis for Joint Ventures for two shopping centers in Hawaii
Coordinate legal and banking activities for the entire company
Responsible for all tax return preparation and third party audits
Responsible for both consolidated and individual cash flow reports for all operating properties, and projects under construction
Reviewed and approve all operating and construction budgets
Created investor reports for both private individuals and publicly traded capital partners (REITS)
Ensured financial reporting complied with the Sarbanes Oxley act for all publicly traded capital partners
(REITS)
Responsible for monthly and year end final journal entry reconciliation for 30+ mixed use operating properties
July 2021 promoted from Controller to V.P of Finance
Supervise four employees
Responsible for individual and consolidated financial statements for six operating shopping centers for two publicly traded capital partners
Prepare CAM reconciliations for six operating properties
Prepare payroll
Assisted in evaluating contractor bids for submission to the bank for approval
Responsible for all construction draw request
Communicated with contractors and the banks to ensure all draw paperwork was submitted in a timely manner including all lien wavers
Prepared all construction draw payments to vendors Salon Enterprises, Inc.
Grand Rapids, MI
Controller
1999 2001
Supervise ten employees
Responsible for month end closing procedures using Great Plains Dynamics Accounting Software
Prepare monthly financial statements for six corporations plus 30+ locations
Supervise maintenance of general ledger accounts for six corporations
Maintain fixed assets for six corporations including Personal Property Statements using Best Software Fixed Asset Program
Prepare payroll for 225+ employees
Supervise the completion of all tax payments: 940, 941, MESC, FUTA, SUTA, MI Sales and Use Tax, and City Taxes for six corporations
Manage cash flow for six corporations including banking relations
Report to Owner, President, Vice President, and Operations Manager
Account analysis
Work directly with Auditors during year end procedures
Determine year end projections for six corporations
Analyze budgets for Owner, President, and Vice President