John Spelta
Accounting Controller at HP Investors- Claim this Profile
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Bio
Credentials
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Certified Public Accountant
California Board of AccountancyApr, 2011- Nov, 2024
Experience
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HP Investors
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United States
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Real Estate
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1 - 100 Employee
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Accounting Controller
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Dec 2022 - Present
• Prepare and review of monthly financial statements for internal use and quarterly financial statements for distribution to investors. • Monitor, enhance and enforce accounting processes, policies and procedures. Manage internal accounting staff and third-party property management companies. • Manage the annual budget process, including the review of CAM estimates. Oversee the preparation of CAM reconciliations. • Coordinate the annual tax return preparations with external tax accountants. Show less
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Helix Electric
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United States
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Construction
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700 & Above Employee
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Special Projects Accountant
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Jul 2021 - Dec 2022
• Responsible for the completion of special projects in this newly created position that reports directly to the CEO and CFO. • Assisted the CEO and CFO, along with outside brokers, with the acquisition of a multifamily property which consisted of over 300 units. • Accounting, reporting, forecasting and operational review for company-related office and multifamily portfolio. • Assisted the Company’s Controller in preparing audit schedules for the annual audit, in addition to assisting in: internal monthly close, financial reporting and the worker’s comp and overhead audits. Show less
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American Assets Trust, Inc.
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Real Estate
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1 - 100 Employee
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Director of Financial Planning and Analysis
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May 2012 - Jul 2021
• Promoted from Manager of Financial Reporting to Senior Manager of FP&A after three years of employment. • Manage the budget process for the entire company including over 50 entities involved in office, retail multifamily and hotel operations. Consolidate data derived from MRI, Argus and Excel data bases. • Responsible for the quarterly update of forecasted guidance, including variance analysis of forecasted vs. actual results, reported to the Board of Directors and in supplemental financial reports included in SEC filings along with 10-Q and 10-K reports. • Assist executive management in analyzing financial schedules prepared with respect to potential acquisitions. • While Manager of Financial Reporting, assisted in the preparation and filing of all SEC documents including Forms 10-K and 10-Q, utilizing such software as; Workiva (formerly known as WebFilings), MRI and Excel spreadsheets. Ensuring Company’s financial statements were prepared in accordance with GAAP. • Designed and managed the workflow to document the review and approval process related to the accounting and reporting of all newly signed operating lease agreements. • Assisted with SOX compliance testing of the company’s internal control procedures. Show less
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VP Finance
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2004 - Sep 2011
• Manage all financial aspects of the Company including preparation and annual update of the business plan, obtaining bank financing, risk management and investor reporting to outside members. • Raised over $60 million in CFD (Mello Roos) bond funding working with city and public school board staff as well as outside financial consultants and bond counsel. • Responsible for all accounting, payroll and human resource operations of the company. • Ensure that financial reporting is compliant with GAAP. Draft the annual financial statements and prepare several schedules for the outside accountants with respect to the annual audit and tax returns. • Oversee month-end close process including financial reporting to senior management and Members of the LLC. • Participate in annual / monthly budgeting process. • Report directly to CEO. Show less
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Controller
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2000 - 2004
• Ensure financial reporting is compliant with GAAP and SEC regulations. • Preparation and filing of Forms 10-K and 10-Q for consolidated operations, including start-up divisions located in the UK, Netherlands, Belgium and Ireland. Coordinate efforts with outside counsel and independent auditors. • Member of the software conversion team. Successfully converted all accounting and human resource computer applications to PeopleSoft. • Worked extensively with the CFO on a major acquisition in regards to accounting and reporting issues, including the preparation and filing pro forma financial statements to the SEC. • Responsible for all treasury functions including the management of investment portfolios which, at one point, totaled over $80 million. • Participate in Audit Committee and Board of Directors meetings. • Coordinate the annual budgeting process with all department managers. • Report directly to CFO and frequently interact with CEO, other company senior officers and Audit Committee members. • Manage staff of over 20 people including three department managers Show less
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RSL COM U.S.A.
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Woodland Hills
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Corporate Controller
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1998 - 2000
• Report directly to the CFO of this publicly held, fast growing long distance and data network provider. • Established the accounting reporting structure for the company and its newly acquired entities to be used in budgetary and internal reporting process. • Recognized and achieved cost savings as a result of eliminating duplicative accounting efforts performed at acquired entities. • Responsible for the implementation of Oracle accounting software which included the conversion of Westinghouse Communications’ (an acquired entity) SAP accounting applications. • Established new banking relations to efficiently manage the company’s cash flow and maximize interest earnings. • Assisted the company’s outside auditors in their annual audit and quarterly reviews. Show less
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Prime Matrix
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Calabasas, CA
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VP Finance
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1995 - 1998
• Managed all accounting, tax and collection functions for the company. • Reported directly to the CEO / Chairman of the Board. • Participated in securing new financing which allowed the company to complete four major acquisitions, increasing revenues almost 3x’s. • Managed all accounting, tax and collection functions for the company. • Reported directly to the CEO / Chairman of the Board. • Participated in securing new financing which allowed the company to complete four major acquisitions, increasing revenues almost 3x’s.
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ISES and PIA Sports Properties
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Westlake Village, CA
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Corporate Controller
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1991 - 1995
• Managed all accounting, tax and IT functions for the two companies. ISES (formerly a division of PIA) was an international sports marketing / consulting professional service firm with offices located internationally. PIA was the exclusive developer of PGA TOUR stadium golf courses. • Designed and implemented ISES’s accounting and operational systems. • Coordinated all audit and tax work with outside accounting firms. • Managed all accounting, tax and IT functions for the two companies. ISES (formerly a division of PIA) was an international sports marketing / consulting professional service firm with offices located internationally. PIA was the exclusive developer of PGA TOUR stadium golf courses. • Designed and implemented ISES’s accounting and operational systems. • Coordinated all audit and tax work with outside accounting firms.
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EY
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United Kingdom
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IT Services and IT Consulting
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700 & Above Employee
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Senior Manager
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1979 - 1991
• Responsible for all aspects of client services for this Big Four accounting firm. • Experience obtained in several types of industries (private and public) including commercial real estate (office space and retail), hospitality, construction, manufacturing, professional services and financial services • Audit manager in charge of an IPO for a geological professional service firm involved in several major federal government contracts. • Worked on several special engagements, such as, the due diligence of a $720 million acquisition of a high-rise building. • Chosen as an instructor to teach senior staff auditing and client service techniques. Show less
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Education
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1975 - 1979
Loyola Marymount University
BSA, MBA, Accounting, Business -
1971 - 1975
Notre Dame High School
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Saint Jane Francis
Community
