Richard Stoddard

***** * **** **** **** Cedar Hills UT 84062 adunft@r.postjobfree.com Phone: 916-***-****

PROFILE

High-performing executive seeking a position as a Controller, CFO, CPA, or consultant

Extensive experience in a variety of management roles: business owner and CEO, Controller, CFO, CPA, and consultant

Long track record building and managing profitable and successful businesses across numerous lines of business: construction; construction subcontracting; property ownership, development, and management; tax; accounting; audit; and business consulting

Exceptional leadership skills

Tireless work ethic; excellent health (non-drinker, non-smoker, regular exerciser); willing to relocate

Impeccable character and integrity

Outstanding quantitative skills, noted strategist with strong logic/reasoning ability, extensive public speaking and communication experience

EXPERIENCE

THE FURNITURE LADY HQ LLC 2018-PRESENT

CFO, South Jordan, Utah

Camblin Steel Service Inc. 2010- 2018

CFO, Rocklin, CA

Recruited by owners of reinforcing steel subcontracting business to become CFO and help manage through difficult operational issues; brought on by prior CFO’s legal problems

Drove significant growth: from $10M in annual sales and 1 location in 2010 to $90M in annual sales and 4 locations in 2017

Designed and implemented a functional job cost reporting system (where none existed previously), including the monthly computations for work in progress for over 1,000 jobs each month

Created system to generate monthly internal and external financial statements to the satisfaction of internal management, lenders, bonding companies and other external users (no adjusting journal entries proposed through reviews performed by external CPA firms)

Developed and implemented a financial reporting system that allowed the company to increase its bank Line-of-Credit from $1.5 Million to $16 Million

Built and implemented an accounts/payable purchasing system to give the company tight controls over all spending

Drove the creation and operationalization of a system allowing integration of construction estimates into the job costing process for ahead, behind, to-go, and backlog reporting

Tidwell & Associates CPAs, Partner/Owner 2003-2013

Partner/Owner, Rocklin, CA

Co-founded this LLP with two other partners, growing the group from a startup (0 clients, $0 revenue) to a full-service public accounting firm, providing tax, audits, reviews and compilations, accounting/write-up, and business consulting

Grew the company from no billings/clients to annual billings of $1.5M from 500 clients

Served as the Accounting & Auditing partner, responsible for all financial statements

Prepared tax returns for the most difficult and complicated situations, business and personal (e.g. all consolidated tax returns, all 1031 tax-deferred exchanges, a tech company operating in 46 states, larger construction companies, and larger real estate entities

Yamas Controls 2002-2003

Interim CFO, Sacramento, CA

Served as interim CFO for a multi-state HVAC controls subcontractor

Supervised the entire accounting department, and was responsible for the general ledger and all related functions

Responsible for the generation of all detailed internal and external financial statements

Managed the successful integration of 6 recently acquired offices in North Carolina and South Carolina

Rutherford & Smith Construction 2000-2002

CFO, Sacramento, CA

Served as CFO for this General Contractor in its 2+ years wind-down phase (company had 3 large contracts, troubled to the extent that the bonding company/surety had to provide the funds to finish the projects)

Performed detailed accounting and statements to satisfy the surety, the owners, and the attorneys involved

Supervised and successfully executed on the company’s software migration from Concord to Timberline

GOLD RIVER FEDERAL SAVINGS BANK 1984-1991

Owner and Vice Chairman of the Board, Sacramento, CA

Formed a de novo (newly chartered) federal financial institution

Grew assets from original equity contributions of $2.5M to $60M in total assets – no startup losses and profitable beginning in the first year

Actively involved as a loan committee member, internal auditor, and construction loan inspector

Stoddard Construction Company 1972-Present

Partner/Owner, Penryn, CA

Family-owned company involved in all aspects of apartment development, construction, and management for over 7,000 apartment units

Grew the Construction and Development business to $40M in annual volumes

Acted as managing general partner for business providing multiple services including project feasibility studies; land acquisition; design; obtaining financing; governmental approvals; construction; property management; apartment sales; apartment purchases; apartment rehabilitation; investment management; and obtaining investor partners via private syndication

Subspecialized in the areas of land development, land sale, commercial development and construction, single family development and construction, commercial acquisition and management, and hotel acquisition and management

Managed businesses and organized transaction in multiple states including California, Hawaii, Nevada, Oregon, Texas, Oklahoma, Louisiana, Utah, and Idaho

Partnered with PG&E on two apartment projects (167 apartment buildings and 184 apartment/condo units), with PG&E providing equity and Stoddard Construction providing all other services

John F. Forbes 1970-1975

CPA, Sacramento, CA

CPA for a large public accounting firm (eventually acquired by KPMG)

Specialized in all three core areas of the firm: audit, tax and business consulting

Lead auditor for the audit of the County of Sacramento and for 4 of the 6 largest construction companies in the area at the time

EDUCATION

Master of Accountancy 1972

Brigham Young University, Summa Cum Laude

Taught undergraduate courses in Beginning Accounting and Business Finance

Bachelor of Science, Accounting 1970

Brigham Young University, Summa Cum Laude, #1 in class

Continuing CPA license education

80 hours every two years on a wide variety of subjects

LICENSES

California CPA 1970

Finished with a score in the top 10 nationwide

California Contractors License

B – General Contractor

SKILLS

Accounting/Finance: CPA, auditor, independent consultant, borrower, lender

Construction: Construction manager, estimator, cost-accountant, general contractor, subcontractor, carpenter, on-site laborer

Property Management: Property manager, project manager, inspector

Computer: Excel, Word, Macola, Timberline, Concord, Maxwell, QuickBooks, Lacerte, Digital-Dec

PERSONAL

Father of 10 children and 29 grandchildren. I am highly involved with my family, which has grown very large:

My children are experiencing very successful families and careers

My sons are currently executives in finance (Credit Suisse, Viva Group, J.P. Morgan), retail (Nike, Amazon), tech (MarketDial); and sons-in-law working in medicine (pediatric neuroradiology, the FDA) and education (Georgetown University, the LDS Church)

My children are all university educated, having earned graduate degrees from Harvard, BYU, and Georgetown; and undergraduate degrees from BYU and University of Utah.

Frequent traveler, often to visit my family (which has spread out over the country)

US Army Veteran (1970-1976): California, Kentucky, New Jersey

Served a 2 year mission for the Church of Jesus Christ of Latter-Day Saints, working 70-80 hour weeks on a volunteer basis. Financed the entire mission from savings earned by working construction prior to my mission.

Very active in my church and community: bishop (leader of local congregation) and member of stake presidency (leader of multiple, regional congregations), baseball coach, softball coach, leader of support group for parents of troubled teenagers

Very experienced dealing with and overcoming adversity: started from zero and became a multi-millionaire, and then lost everything through the California construction recession. After an eleven-year battle with the federal government over a Savings and Loan take-over, spent seven months in a federal prison facility. Have lost a spouse and a child and have won a battle with cancer.

Interests include travel, hiking, basketball, baseball, football, and swimming. Avid reader.

Willing to relocate anywhere in the USA.

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