paul distefano

* Mechanical systems controls contractor * Responsible for all accounting and treasury functions including; internal controls, tax planning, financial reporting. * Worked with CPA firm to complete annual corporate and owner’s personal tax returns. * Competitively bid Business insurance policy and procured a 21% discount. * Streamlined and monthly billing process within accounting to expedite billing and improve cash flow.

* Heavy road construction contractor with division annual sales of $45 million per year and corporate offices in Michigan * Responsible for preparation of monthly cash flow and profitability forecast. * Managed accounts payable, job cost margin analysis and preparation of monthly reports. * Implemented the Heavy Job Field Productively tracking system in Florida offices and integrated with Foundations. * Prepared analysis of the overall financial status of the Division, including receivables, payables, contract balances and costs to complete for Surety’s use in evaluation of contractor’s request for financial support or use in setting reserves.

* Masonry and Tilt wall contractor with annual sales of $12 million per year. * Responsible for all accounting functions including; preparation of monthly cash flow and profitability forecast, accounts receivable billings and collections, accounts payable functions, job cost analysis and preparation of monthly reports. * Participated in debt restructuring programs with secured creditors. * Prepared detailed 5 and 10 year Proforma Financials Statements

* National Homebuilder -SWF Division * Responsible for all accounting functions including; administration of Corporate accounting policy and margin analysis. * Responsible for internal controls and Sarbanes-Oxley review. * Prepared monthly forecasts using Hyperion-Essbase software. * Prepared for and participated in presentations at Quarterly Board Meetings.

* Regional Commercial and Residential Developer and Homebuilder with annual sales of $150 million per year. * Responsible for all accounting and treasury functions including; accounting policy, internal controls, tax planning, financial reporting and project permanent financing. * Responsible for obtaining project level financing of office buildings, condominiums and housing projecting. * Negotiated the acquisition of a “blighted” shopping center and coordinated the redevelopment effort, including leasing and financing. * Implemented monthly consolidations of financial reports for over 50 entities. * Preparation of feasibility studies for residential and commercial property. * Review of construction cost to complete reports and project cost variance analysis.

* National Developer and Homebuilder * Responsible for all accounting functions including, preparation annual financial plan, preparation of quarterly variance reports, establishing accounting policy and internal controls. * Responsible for preparation of annual financial statements in accordance with International GAAP. * Responsible for District financing, acting as liaison with the District, Underwriters and Financial Institutions. * Obtained golf course loan for Monarch Country Club, a JV with Club Corporation of America and sale to residents

* Regional Developer and Homebuilder * Implemented the rolling cash flow projection and integrated it to our five-year planning model. * Responsible for preparation of monthly management and quarterly variance reports for Board of Directors. * Responsible for evaluating and providing financial approval of sales and proposed land development in new communities. * Monitor financial covenants on bank loans and loan compliance. * Responsible for the implementation of the JD Edwards job cost system in the WCI accounting system conversion. * Secured District financing of $52 million providing funds land development and recreation facilities in two communities * Responsible for all District financing, acting as liaison with the District, Underwriters and Financial Institutions

* Responsible for all accounting and treasury functions including; internal controls, forecasting, financial reporting. * Initiated the development plan for 84 multifamily Condominiums for sale in the Project, including State Condominium * filings, negotiated with construction contractor’s and obtained financing commitment. * Prepare monthly Financial Statements and Capital Call; a three month consolidated cashflow projection