Experience

Principal – Executive Vice President

Kastner Accounting & Consulting                                            Jun 2023 – Present

Fractional CFO and Consulting Services for start-ups to mid-cap private companies

Chief Financial Officer

NAI Hiffman, Oakbrook, IL                                                         Jun 2019 – May 2023

• Leadership, direction and management of the finance and accounting team
• Strategic recommendations to the CEO, Executive Management Team and Board of Directors
• Financial Reporting including monthly executive reporting and quarterly Shareholder reporting
• Financial Planning & Analysis including cash flow forecasting and budgets
• Due diligence, modeling, and legal interface related to acquisition targets
• Company Valuation analysis and modeling for executive team and bord
• Oversee employee benefit plans, with emphasis on maximizing a cost-effective benefits package
• Risk Management including analyzing needs and placing all insurance coverages
• Corporate Governance including LLC, Corporate and Shareholder document compliance & updates
• Point on all legal matters ensuring Executive Team informed and interfacing with counsel to ensure proper handling
• Multi-State compliance including registrations and annual reports
• Tax Compliance including preparation of tax related materials, review of returns, timely payments and ensure K-1s delivered timely to investors.
• Monitor cash balances and cash forecasts
• Recommend and execute owner distributions or capital calls
• Oversee Treasury management relationships for all banking needs including master banking relationships, treasury services, and debt placement / management
• Contract negotiations for Accounting software, HR services, and other significant contracts

Vice President – Controller

Lincoln Property Company, Oakbrook, IL Feb 2010 – Jun 2019

• Corporate Financial Reporting and Fiscal Oversight for Midwest Region and Northwest Region Asset Management and Development Divisions (5 sets of financials / budgets)
• Oversight of Client Accounting and reporting team responsible for over 80 Residential and Mixed Use assets with over 10,000 residential units.
• National business plan / budget template development and annual roll out and training for use on all Lincoln sites where client did not have their own template
• In person and on-line training sessions for property managers related to CAM reconciliations, Accrual Accounting, Variance Reporting, Financial Analysis and value generation.
• Review and analysis of financials for Development projects in the Midwest and Northeast
• Main client contact for Accounting and Financial reporting questions or issue resolution
• Teamed with Property Management Team and Regional Managers to ensure financials complete and accurate for internal and external clients
• Directed Treasury department on opening / closing of Bank accounts as well as any treasury needs for the Midwest and Northwest regions.
• Contract review and negotiation for equipment / space required for Midwest region and Northwest region

Vice President/Controller

Green Courte Partners, LLC, Chicago, IL                                Jul 2004 – Jan 2010

• Quarterly GAAP and Annual Fair Value reporting for 2 real estate investment funds with complex structuring including 2 REITs, minority partners, 50+ entities and over $875M in assets
• Responsible for external audit and tax filings, including audited YE financials and tax work for 34 entities including K-1s distribution to investors and joint venture partners
• Team with Managing Directors of Asset Management to review operations with a focus on financial results for portfolios
• Direct all Human Resources functions including recruitment, employee benefits, 401k compliance, semi-annual employee reviews and payroll
• Provide leadership, supervision and training for accounting team
• Treasury Management oversight/implementation including evaluating cost/benefit of treasury tools to ensure efficiencies in cash management processes
• Directed internal review and consolidation of property insurance risk program including leading RFP process and broker selection resulting in substantially improved coverage as well as over $200k in annual savings
• Established strong internal controls through design of accounting policies and procedures
• Lead conversion from Yardi Enterprise to Yardi Voyager including developing plan, plan execution and training of all third party management and internal personnel
• Automated property setup process thus eliminating manual data entry for acquisition of new assets particularly Manufactured housing assets which ranged from 200 to 1000 lots
• Reviewed or prepared closing statements for acquisitions including of purchase price allocations
• Designed custom reports in Yardi adding efficiencies to the reporting and tax processes
• Designed internal audit program for Manufactured Housing Portfolio• Quarterly GAAP and Annual Fair Value reporting for 2 real estate investment funds with complex structuring including 2 REITs, minority partners, 50+ entities and over $875M in assets
• Responsible for external audit and tax filings, including audited YE financials and tax work for 34 entities including K-1s distribution to investors and joint venture partners

Director Client Accounting

CB Richard Ellis, Chicago, IL                                                  1999 – 2004

Assistant Controller

U.S. Equities Realty, Chicago, IL                                            1994 – 1998

Property Accountant

Continental Offices Ltd, Chicago, IL                                        1993 – 1994