Finance and Accounting

PETER J. MANICCIA

**** *. ***** ****, **********, AZ 85255

PHONE: 480-***-**** EMAIL: ********@*****.***

FINANCIAL AND ACCOUNTING PROFESSIONAL  CPA

PROFESSIONAL SUMMARY

Experienced financial and accounting professional with 14 years of progressive achievement in business analysis, strategy creation and implementation and subsequent result measurement. Inquisitive of underlying business conditions including analysis of historical results, current performance and the analysis of future outcomes. Strong personal interest and enjoyment in being challenged by new and complex situations that require creative analysis and solutions.

Experience includes: Exceptional track record and ability to obtain and assess data, identify critical information and form strategies that achieve desired end results. Research and assessment of non-performing assets with multiple disciplinary teams to create alternative asset use strategies to maximize net present value and cash flows. Developed functional financial models to simplify asset performance analysis and produce meaningful results for non-finance team members. Public accounting experience in financial reporting, auditing and taxation.

Core Competencies include:

 Corporate & Real Estate Finance

 Alternative Asset Use Strategies

 Financial Analysis (IRR,NPV,ROI,etc)

 Cash and Treasury Management

 GAAP / SOX Compliance

 Due Diligence and Feasibility

 Budgeting and Cost Analysis

 Financial Statement Preparation

 Strategic Planning and Forecasting

 Profitability and Margin Improvement

PROFESSIONAL EXPERIENCE

KB HOME, INC.  Phoenix, Arizona  March 2007 to March 2009

Finance Manager / Senior Financial Analyst

Directed and managed the financial operations for the Phoenix Division with 2008 deliveries of 614 units and total revenues in excess of $100M. Performed short-term and long-term strategic planning, financial analysis and management of $100 Million real estate portfolio, as well as day-to-day operations management of all finance functions.

 Asset analysis and financial management of complex residential portfolio resulting in product repositioning, increased cash flows, inventory basis reductions in excess of $30M and reduced annual interest charges by 30%.

 Directed multiple quarterly, annual and multi-year business plans that modeled projected potential revenues and costs to determine Division goals in acquisitions, pricing and construction levels. Extensive analysis of project level inventory and cash generation resulted in $8M in positive 2008 cash flows in a historically significant housing market recession.

 Implementation of purchase order policies and project budget reviews that directly resulted in the reduction of annual project budget overages from 5% to less than 1%.

 Design and training of numerous financial models to assess and measure potential new acquisitions, which included analysis of alternative acquisition methods to improve profitability, NPV, IRR.

 Review and analysis of divisional fixed costs and other charges resulting in cost cutting in excess of $6M or 30% reduction (YOY) in 2009 budgeting and actual results.

 Design and oversight of monthly and ad hoc operating statements utilizing highly automated systems which reduced the monthly reporting requirements from 12 hours to less than 4 hours.

BROWN FAMILY COMMUNITIES  Tempe, Arizona  March 2006 to March 2007

Director of Land Acquisitions

Performed all land acquisition and disposition functions, including identification functions, financial feasibility studies, negotiations, due diligence and close of escrow responsibilities.

 Created Access database to effectively identify and monitor greater than five hundred (500) raw, entitled and finished lot properties and transactions in the Greater Phoenix market based on criteria established by market studies and data.

 Established highly comprehensive feasibility and due diligence measures to materially reduce the title, entitlement and finished development risks inherent in acquisitions. Introduced advanced financial analysis and market data validation to identify market condition risks.

SAL-MAR COMPANIES  Utica, Michigan  November 1999 to February 2006

Director of Operations / Controller

Directed all operations of a privately held residential and commercial real estate development/construction company with annual revenues in excess of $50 million. Included acquisition of residential, retail and industrial land with all related financial analysis, feasibility/due diligence and third party financing negotiations. Management responsibilities included 12 direct reports and 50+ indirect reports.

 Acquisition, entitlement and development of ten (10) single family subdivisions, 250,000 sq.ft. of heavy industrial space, 300,000 sq.ft. of Class A retail located in three (3) separate locations and a 120 unit active adult senior for-lease building.

 Direct management and oversight of all residential home building operations including sales, marketing, purchasing, construction and customer service. Annual unit deliveries increased from 75 units to 250 units and gross profits increased from 12% to 22% of revenue.

 Introduced and implemented comprehensive finance and accounting systems (JDE / Excel Models) to automate and report profitability, cash flows, third party financing and multi-project budgeting.

CARNAGO & CARNAGO, LLC.  Troy, Michigan  November 1997 to November 1999

Senior Staff Accountant / CPA

Performed client write-up, financial statement preparation, taxation, business consultation and audit services for approximately fifteen clients ranging in annual revenue from $2m to $150m. The firm was a local public accounting firm with 7 partners and 20 staff accountants.

EDUCATION / LICENSES

Bachelor of Science, Accountancy

Madonna University, Livonia, MI

Graduated Highest Honors

Certified Public Accountant

Michigan / Arizona pending

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