BRUCE PETEREIT
P.O. Box **** • Loomis, California 95650
928-***-**** • *****.********@*****.***
Chief Financial Officer
Senior Finance & Accounting Executive
Financial management professional with extensive experience leading the establishment of cost accounting and productivity management tools and the implementation of regulatory-compliant accounting systems in the construction business. Lead annual financial audits as well as audits including insurance, tax and unions. Prepare annual business plans and budgets for all corporate entities. Review all cost estimates prior to releasing a bid. Oversee all financial operations and staff. Ensure compliance with Sarbanes-Oxley, GAAP, and other financial regulations and best practices.
Budget and Business Forecasting • Job Cost Accounting • Cost/Benefit Analysis
Business Plans • Overhead Reduction • Financial Reporting • Financial Statements
Internal Controls • P&L • System Improvement • Policy Development
Auditing • Negotiation • Staff Management
PROFESSIONAL EXPERIENCE
KINNEY CONSTRUCTION SERVICES, INC., Flagstaff, Arizona • 2007 – 2009
A $15M civil and commercial contractor providing building services for universities, museums, schools, and office buildings.
Chief Financial Officer/Controller
Accountable for establishing, configuring, and implementing Viewpoint Accounting System. Monitored corporate and project budgets and monitor budget variance. Hold P&L responsibility. Manage all cost, financial, and tax reporting. Create cash-flow models accounting for project expenses and overheads to analyze needs and backlog. Oversee compliance with financial regulations and best practices. Negotiate agreements for capital purchases.
• Recouped $263K from correcting depreciations that had not been calculated following GAAP accounting ($203K) and workers comp payments that had been miscalculated ($61K).
• Introduced cost reporting and work productivity management through the implementation of Viewpoint, enabling project managers to be proactive in addressing cost and productivity issues on the job.
LASKEY-CLIFTON CORPORATION, Reedsport, Oregon • 2006 – 2007
A $9.5M civil contractor managing bridge, highway, water and sewer treatment, pipeline, culvert, boat ramp, dock, pile driving, asphalt plant, quarry operations, and other such projects.
Chief Financial Officer
Led the identification and deployment of Timberline Accounting System. Designed processes and procedures to import cost estimates and revenue tracking into the accounting system. Developed corporate and project budgets and monitored budget variance. Held P&L responsibility. Managed all cost, financial, and tax reporting.
• Instituted divisional reporting to track the profitability of different operations.
• Implemented cost reporting tools to measure productivity and budget variance, along with an inventory system.
INDEPENDENT CONTRACTOR, Draper, Utah • 2005 – 2006
Personally-owned consultancy providing financial services to contractors in the local area.
Consultant
Managed all aspects of the business including business development, budgeting, and accounting. Provided a variety of accounting, purchasing analysis, and operational reporting services.
• Implemented the Timberline Accounting Systems for a Real Estate developer enabling more streamlined financial operations.
• Developed procedures and policies for operational reporting for a general contractor.
• Prepared a cost/benefit analysis comparing three software packages, analyzing reporting needs, hardware requirements, and costs for a civil contractor.
COMFORT SYSTEMS USA, INC., Houston, Texas • 2002 – 2005
A $900M company providing mechanical contracting and services for schools, office developments, and retail and residential construction.
Chief Financial Officer/Vice President
Oversaw all accounting functions including operation and accounting procedures. Developed annual business plans for each subsidiary for presentation to corporate executives. Responsible for setting-up, configuring, and implementing the Maxwell Accounting System used in California and reconfiguring the COINS Accounting System used in Utah. Vetted construction project estimates prior to bidding.
• Played a leadership role in merging three companies into one and standardizing financial reporting.
• Developed cost reports for individual construction projects, providing better tools for managing profitability.
SWINERTON, INC., San Francisco, California • 1997 – 2002
A $1.5B industrial and general contractor and construction management company working on a variety of projects including oil pipelines, aerospace launch complexes, breweries, amusement parks, public buildings, schools, churches, and private commercial buildings.
Controller
Responsible for developing departmental and divisional reporting in proprietary accounting software. Ensured timely reporting of all monthly metrics. Oversaw all financial reporting functions. Established billing rates for equipment and time.
• Collected $2M in outstanding receivables.
• Created a new revenue center that offset accounting department costs and operated at an 85% profit margin by developing accounting job cost reporting services for corporate clients.
COMPUTER AND SOFTWARE APPLICATION EXPERIENCE
Accounting Software: COINS, Profitool, Viewpoint Construction Software, 20/20. Great Plains, Eaton, JD Edwards One World, Quick Books, MAS200, Maxwell, Timberline and others
Data Bases: Access, D-Base, R-Base, Progress and others
Engineering Software: Applications: SureTrak, Primavera, Open Plan, McDonald Douglas Scheduling, Bidtek Estimating, Prolog, Expedition, 20/20, Timberline Estimating, HCSS Heavy Bid
EDUCATION
Bachelor of Science in Accounting, Minor in Civil Engineering
California State University – Fresno, California