Leonard “Buddy” Powell, CPA
**** ********* ****** Concord, NC 28027 980-***-**** *********@***.***
PROFESSIONAL EXPERIENCE
EASTWOOD CONSTRUCTION, Charlotte, NC 1998-2010
Chief Financial Officer (2002-2010)
Oversaw all financial and accounting responsibilities for five home building divisions
generating up to 1300+ closings and $200mm in revenue annually.
Helped guide the company’s growth from 300 closings and $30mm in revenue annually.
Increased lending lines from lenders from $20mm to over $100mm.
dded four new lenders during 2009 and 2010, during a time of lending restraint.
Used forecasting model to reduce exposure to lot acquisition requirements in 2008 and 2009, during market decline.
Managed budget and forecasting process with timely update and dissemination of information to divisional and corporate personnel to quickly respond to changing market place.
Identified and reduced overhead by 50% in 2009 in direct relation to a decrease in revenue.
Evaluate new land opportunities and real estate owned opportunities from lenders
Use of change in tax rules to obtain a $15 million tax refund
Vice-President of Finance (1998-2002)
Responsible for all accounting functions, including Accounts Payables and Reporting functions
Interaction with bankers and lenders.
Performed all Human Resource duties including Payroll and Benefits
Performed all Information Technology duties
Computerized and updated all accounting and operation reports
INSIGNIA FINANCIAL GROUP, INC, Greenville, SC 1997-1998
Audit Manager, Insignia
anaged staff of six auditors and accountants who prepared financial statements for property owners. Part of the test team to submit HUD filings via the Internet.
CENTEX HOMES, Columbia, SC & Titusville, FL 1987-1997
Division Controller
Managed all accounting and human resource activities at the division level
Prepared and reviewed all land acquisition packages with division President
HARCOURT BRACE JOVANOVICH, Orlando, FL 1986-1987
Senior Internal Auditor
Prepared and Managed Internal Audits of Various Entities
Exposure to Insurance, Hospitality Industry and Publishing
ARTHUR ANDERSEN & COMPANY, Louisville, Kentucky 1983-1986
Senior Auditor
Managed audit staff and had full responsibility for audits
Prepared and managed budgets for Audits
Experience included banks, education, utilities, real estate, manufacturers
EDUCATION
BS in Accounting, University of Kentucky, Lexington, Kentucky
PROFESSIONAL LICENSES
CPA—Florida, Kentucky
Brokers Real Estate License—NC and SC
Notary Public