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Financial Analyst Accounting

Smithtown, New York, United States
September 16, 2019

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* ******* **** • Smithtown, NY • 11787



Senior-level accounting executive with a reputation for delivering focused solutions that improve margins. Demonstrated experience in working with board of directors, banks and attorneys. Lead strategic negotiations in leasing, financing, procurement and vendor contract. A proven ability to successfully manage the fiscal functions with an attention to detail and an understanding of financial review and analysis, projection vs. actual analysis, budget and audit review, and cash flow analysis. Strong qualifications in developing, implementing financial controls and processes. Versed in audits, regulatory compliance and large contract management. Proficient in numerous Accounting and Real Estate softwares (Yardi Voyager, MRI, Quickbooks)

Areas of expertise:

Financial Statement Preparation GAAP & Internal Controls Accountability & Compliance

Cash/Treasury Management Financial Analysis & Reporting Growth Strategy Development

Budgeting & Forecasting Expense Analysis & Monitoring Risk Mitigation

Performance Measurement Staff Management & Development Financial Models


AmTrust Realty Corporation, NY● Director of Accounting August 2018–Present

Overview: Supervise all Accounting functions including Ownership Reporting, Annual Audits and Tax preparation, Financial Reporting and Budgeting, AP & AR for 12 Commercial entities consisting of over 12M square feet of office space in New York, Chicago and Toledo as well as a 270 Unit Residential Property Development.

• Review and supervise monthly tenant billing. Verify recurring and sundry billing, ensure accuracy of operating and real estate tax escalation billing.

• Supervise accounts payable and accounts receivable processes for all properties and coordinate with staff at various sites.

• Prepare monthly, quarterly and annual reports on all properties, as well as a consolidated report, for lenders and investors and explain variances to owner, bankers, tax accountants, as necessary.

• Coordinate Tax Certiorari filings with consultants.

• Review/Approve Tenants Improvement Application Requests.

• Oversee the preparation of property and consolidating financial statements, including GAAP, accrual and cash basis financial statements (Balance Sheet, Income Statement and Statement of Cash Flows).

• Provide recommendations regarding operational efficiencies (i.e. AP process, AR process, Construction/Project tracking, Utility analysis etc.).

• Direct the preparation of the detailed annual operating and capital budgets, including monthly reforecast.

• Manage working capital requirements and prepared cash projections for each entity.

• Monitor escrow accounts and draw requests to optimize cash flow.

• Oversee the preparation of annual income tax projections for tax accountants and ownership.

Key Achievements:

Created or modified reports in MRI. Development of more sophisticated financial reports to enhance measurement of property\portfolio performance and enable a more proactive response to issues.

Dalan Management Associates, LLC, NY● Director of Accounting February 2017– July 2018

Direct all facets of the Accounting function including Cash Management, Investor Reporting and Servicing Annual Audits and Tax preparation, Financial Reporting and Budgeting for over 50 entities and a Real Estate lending involved in first lien, mezzanine, and note financing of commercial real estate and a non-performing loans.


Key Achievements:

Improved Annual Audit and Tax Return preparation, providing high quality support for transactions reducing amount of Tax Returns on extension by 50%

Implemented Yardi Pay Scan platform to assure accountability and oversight by providing a workflow for all invoices and proposals, enabling assets to perform closer to budget and archiving invoices electronically.

Created a proactive cash projection and review process to assist Asset Management with regards to Investor Distribution calculations

Teamed with new Investment Partners modifying analysis of financial performance to meet their specific needs and requirements

Collaborated with attorneys and banks in filing Real Estate Tax appeals for all NYC properties, realizing a 60% increase in appeals and significant reductions is Property Assessed Values.

Investigated Investor Servicing platform designed to enhance Investors access personal investment information, periodic financial reporting, review of actual financial vs. modeled performance and providing metrics to monitor returns on investments, waterfall calculations and historic documents specific to each Investment.

Ciampa Organization, Queens, NY● Controller Sept 2012–December 2016

Oversee the management and coordination of all fiscal reporting activities for a real estate development & management organization that includes: organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organizational budgets.

Key Achievements:

Saved 11% in mortgage interest payment; refinanced all portfolio mortgages, totaling $120M for more favorable terms.

Identified cost drivers and substantial areas of savings; lowered assessed real estate tax value of properties by 8% over a two year period that resulted in total refunds of $500K.

Developed administrative processes; reducing compliance audit findings from years 2012- 2013.

Worked with the CFO/Partners on the strategic vision; negotiation of contracts that resulting in savings of $1.5M.

Direct oversight of union and salaried payroll for approximately 90 employees.

Collaborated with partners, attorneys and banks in developing new business, identifying new funding opportunities, drafting of prospective programmatic budgets, and determining cost effectiveness of prospective projects.

Investigated cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.

Provided partners with operating budgets for management company and properties; worked with partners to ensure programmatic success through cost analysis support, and compliance.

Oversee the coordination and activities of independent auditors ensuring all audit issues are resolved, all compliance issues addressed and annual financial statements prepared.

Believe High Schools Network, Brooklyn, NY● Chief Financial Officer Aug 2009 – June 2012

Directed a finance team of four staff accountants and a director of finance for a Charter Management Organizations (CMO) that managed three charter high schools with a combined enrollment of over 1,500 students.

Key Achievements:

Worked with CMO Board, Chief Executive Officer, and Chief Operating Officer; developed strategic planning, increased operating efficiencies and processes to benefit the schools that the Charter Management Organization serves.

Successfully negotiated agreements with lender’s, landlord and large vendors; enabled a 950 student charter high school to remain in its 125,000 square foot facility despite construction delays, cost overruns and lower than anticipated enrollment.

Negotiated insurance coverage and medical benefits under the umbrella of the CMO; resulted in a reduction in insurance premiums by 30% and medical benefit premiums by 50%.

Developed a three year fiscal-recovery plan for a charter school with significant operating deficit, improving fiscal condition from a loss of $4M to surplus of $300K a year later.

Collaborated and advised three school boards with respect to developing sound long and short term fiscal strategies to streamline expenses and achieve the goals set by the three school boards.

Implemented process and procedure improvements that ensured compliance with state and federal regulations required for charter schools thus improving cash flow management.

Reduced forecast and operating budget preparation time and increased budgeting detail necessary for board to make prudent fiscal decisions with respect to operating and capital expenditures.

Interfaced with academic leadership to assure availability of resources and materials designed to maximize services to staff and student community.

Instituted fiscal controls to maximize funds available for academic programs benefiting students and school staff.

Improved annual independent audit findings; implemented stringent grant management policies, improved timely and detailed financial reporting to various boards.

Previous positions included:

First Sterling Financial, Inc., Manhasset, NY ● Assistant Vice President 2005 - 2009

Reckson Associates, Melville, NY● Portfolio Analyst 2003 - 2005

Sterling Equities, Great Neck, NY● Senior Financial Analyst 2001 - 2002

Devon Properties NY, NY● Corporate Portfolio Manager 1996 - 2001


Pace University, New York, NY Class of 1986

Bachelor of Business Administration

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