Experience

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  Next Chapter Neighborhoods

  • Controller

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  MECA Property Management, LLC

  • Southeastern U.S.

  • Controller

    • Jan 2016 - Sep 2020
    • Southeastern U.S.

    • Managed real estate accounting and financial reporting for the operations which include limited liability companies, real estate partnerships, and land investments.• Completed accounting system conversions of 50 entities to current cloud-based online accounting software, implemented ResMan's cloud-based software for apartment projects, and QuickBooks cloud-based for commercial properties and other owner entities.• Successfully coordinated the transfer of all income tax return preparation work to a larger regional CPA firm and worked with these tax professionals and advisors.• Completed tax modeling for federal and state income tax estimates implementing Federal Regulation Sections 199A and 199B and changes to individual deductions.

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  H.J. Russell and Company/H.J. Russell Enterprises, LLC

  • Greater Atlanta Area

  • Chairman's Controller

    • 2006 - 2015
    • Greater Atlanta Area

    • Managed investments and the day-to-day cash and accounting for the Chairman’s personal holdings which include stock investments, family trusts, land, corporations, limited liability companies, and real estate partnerships.• Negotiated and advised the Chairman on contracts with third parties including major asset sales and purchases, leases, joint ventures, and management agreements. • Oversaw the coordination, preparation, and completion of information necessary to file the Chairman’s and family members’ Federal and State Income Tax Returns.• Worked with CPA firms administering quarterly estimated tax payments, audits, and filing of individual, corporate, trust, and partnership income tax returns.• Supervised an accounting staff responsible for the accounting and tax return filings for real estate investments which included personal holding companies, hotels, commercial retail and office operating properties, apartments and condominium projects.• Secured loans with national, regional, and local banks and other commercial lenders including Prudential Mortgage Capital Company and Berkadia Commercial Mortgage Company.• Worked with tax advisors and estate lawyers to create, design and maintain an estate plan that effectively transferred wealth to the Chairman’s family members.

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  Century Development and Subsidiaries

  • Houston, Texas Area

  • Corporate Controller

    • 1994 - 2006
    • Houston, Texas Area

    Corporate Controller • Controlled all aspects of financial accounting and reporting for a large commercial developer, construction management, and property management group of companies. • Performed day-to-day accounting functions, monthly financial reporting for a group of companies, consolidations, corporate budgeting, management reports, and information system integrity. • Coordinated and assisted in the annual audits and tax return preparation work with staff and outside audit and tax firms and oversaw the reporting for student housing and office building projects.• Along with staff involvement, did the accounting and reporting for all new development projects from beginning to completion. Includes initial development, cost accumulation, job cost, construction draw reporting, accounting system setup for initial and ongoing operations, and financial reporting to management and third parties. • In charge of training and maintaining a professional staff able to meet demands placed upon it by Century's management team and the contractual commitments to others.• Administered reporting and accounting functions during development, construction and operation of developed properties, including company set-up, initial accounting and the ongoing reporting of operations to the parent company and lenders.• The President and CFO utilized the technical skills of the Corporate Controller to prepare financial information required by lenders and other third parties on a GAAP and cash basis that assessed the feasibility, financial position and results of operations of a potential development project, particular company, segment or a group of companies. This includes valuation issues and asset impairment concerns.

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  Resolution Trust Corporation

  • Houston, TX and San Diego, CA

  • Accounting and Real Estate Professional

    • 1992 - 1994
    • Houston, TX and San Diego, CA

    • For two-years worked as an accounting professional for two independent contractors of the Resolution Trust Corporation. • Home Fed Savings and Loan was the largest financial institution closed by the Resolution Trust Corporation with $18 billion in assets.• The contractors were responsible for the closing, accounting, and divestiture of assets from San Jacinto Savings and Loan, located in Houston, Texas, and Home Fed Saving and Loan, located in San Diego, California.

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  Allright Corporation

  • Houston, Texas Area

  • Assistant to Chairman

    • 1990 - 1991
    • Houston, Texas Area

    Oversaw recapitalization project for Allright Corporation that included Allright Parking Chairman, Jim Holland, and a foreign owner Ronnie Chan, Chairman of Hang Lung Properties located in Hong Kong. Allright Parking operated 1,800 parking lots and garages in major cities across the United States of America and parts of Canada; Hang Lung Properties purchased all the partnership interest from the owners of Allright Parking and setup notes using a federal tax allowed original interest discount rate, a tax investment strategy; personally prepared the financial projections presented to Prudential Life Insurance Company which secured a repayment loan. Results: The transaction secured a $50M loan from Prudential; Ronnie Chan used the proceeds to replenish a family land bank and pioneer development of Brand 66 retail mall shopping centers in mainland China.

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  Century Development and Subsidiaries

  • Houston, Texas Area

  • Budget Director/ Audit & Tax Manager / Special Project Coordinator

    • 1984 - 1989
    • Houston, Texas Area

    Coordinated with the Controller and the Chairman of Century Development Corporation to construct financial models for sale of partnership interests in five mixed-use high-rise 6M square-foot office buildings in downtown Houston, TX. Developed and built financial models using a micro-computer that accurately evaluated the monetary consequences of selling these buildings under changing financial and tax scenarios; directed Grant Thornton's tax accounting professionals to verify models accuracy and explained the strategy, cash distributions, and federal tax payment requirement to executives who held limited partnership interest to the Chairman. Results: All executives benefited from their investments and Century Development Corporation made a significant profit from sales of the office buildings Allen Center One, Two and Three, Wells Fargo Bank Plaza and Four Allen Center.

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  Touche Ross & Company / Deloitte

  • Houston, Texas Area

  • Senior Auditor

    • 1981 - 1984
    • Houston, Texas Area

    • Clients were primarily real estate, manufacturing, medical, banking, and oil and gas. • Gained valuable experience in auditing, accounting controls, preparation of financial statements, knowledge of GAAP, and important management skills.