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Ezra Bolds is a seasoned financial executive with over 20 years of experience in financial management, accounting, and human resources. He has held various leadership positions, including Chief Financial Officer/Controller at Abode Communities and Controller at SRO Housing Corporation. Ezra has a Master's degree in Business Administration and a Bachelor's degree in Accounting from Golden Gate University and Loyola Marymount University, respectively.

Experience

    • Chief Financial Officer / Controller
      • May 2004 - Apr 2009

      Plans and manages the organization's overall financial and accounting operations, oversees all aspects of human resources and office management, and engages in real estate and syndications transactions on behalf of the organization. Administer all financial management systems, evaluating and integrating new applications. Develop highly skilled accounting and financial management team to achieve established objectives. Provide strategic leadership, financial management, and productive investment oversight for the organization. Interact with the Board of Directors and President concerning financial forecasts and reports, audit and risk management.Key Achievement:Took lead in the Standard Business Practices workgroup to define standard procedures for processes that involve interaction between two or more departments, principally Finance-Development. This enhanced quality of product and services, quickened development process, increased organizational income and housing production.Established newly created position of Asset Manager and the Asset Management Committee to oversee the projects' long-term financial viability and physical sustainabilityDirected the implementation of a web-hosted property management system and conversion of the accounting system to web-hosted accounting software.Strategically restructured financial reporting processes to provide management with timely financial reporting for measuring business unit performance against strategic plan benchmarks.Increased working capital for predevelopment costs from $250k to $3.5 million from unsecured lines of credit.

    • Controller
      • Nov 1998 - Apr 2004

      SRO Housing is a 501c3 non-profit corporation which develops and manages affordable service enriched housing in the city of Los Angeles Central City East. Manage the financial resources of the organization including accounting, finance, organization wide budgets, and treasury functions.Key Achievements:Reduced monthly closing cycle to two weeks from six weeks with identification and recommendation of enhanced closing procedures.Improved the efficiency of the year-end audit work, consequently reducing audit costs by 50%Established controls over the rent collection process at the apartment sites to assure proper accounting and provide timely deposits.Increased operating reserves from $0 to $1.1 million.Directed the implementation of a networked accounting system, automated time and attendance system, and maintenance work order system.

    • Consultant
      • Jan 1992 - Jan 1998

      Assisted small business with development of business plans, bookkeeping services, tax planning and return preparation.

    • Controller
      • Jan 1988 - Jan 1992

      Print Technology was a start up corporation which sought to introduce rapid photo processing technology into large retail chain (i.e., drug stores, supermarkets, etc.) Responsibilities: corporate accounting, budget analysis and reporting. Key Achievements:Assisted in the preparation of the business feasibility study included in the business plan which raised $15 million in working capital.Prepared the initial operating plan.Selected, installed, set-up and implemented the initial accounting system

    • Financial Analyst / Mgr
      • Jan 1982 - Jan 1988

      Financial PlanningResponsibilities included corporate planning, analysis and reporting. Key Achievements:Participated on task force to study the issue of child care at the workplace. Company incorporated a child care facility into its corporate headquarters at El Segundo. Initiated, compiled and distributed the "fact book" which included five year history of key statistical and financial data, and became a desk top reference for corporate management.

    • Assistant Controller
      • Jan 1981 - Jan 1982

      Angeles is a real estate investment company which acted as general partner in numerous real estate holdings located throughout the U.S.

    • Staff / Senior Auditor
      • Jan 1978 - Jan 1981

      Broad base of audit clients including government, insurance and non-profit. Actively participated in the company's recruiting program with the local colleges.

Education

  • GOLDEN GATE UNIVERSITY
    Master, Business Administration
  • LOYOLA MARYMOUNT UNIVERSITY
    Bachelor of Science, Accounting

Suggested Services

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Industry Focus. “Accounting and Auditing”

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