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Controller/CFO

Location:
United States
Posted:
July 19, 2010

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Resume:

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



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