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EXECUTIVE CONSTRUCTION PROFILES

 
  Corporate Controller
 
Name:
Rudy Romano
Industry Type: Real Estate Developers
City & State: Las Vegas,NV
Job Title: Corporate Controller
Relocation Preferences: none
Objective:
Resume:
Rudy Romano, MBA

Summary of Qualifications
ObjectivePursuing a challenging and responsible position where past experience and education can be successfully utilized within a dynamic organization offering professional growth and tenure.Strong analytical skills, with exceptional attention to detail. Incisive in identifying problems and implementing solutions. Ability to accurately establish priorities and adapt quickly to changing needs. Positive professional attitude that is committed to obtaining excellence. Outstanding communication skills, both written and verbal.
Experience2008PresentHarmony Homes/Rhodes Homes Las Vegas, NVCorporate ControllerLead finance officer responsible for the creation of a new homebuilding company to compete in the entry-level/foreclosure market by partnering with distressed property owners and operating with a lower than market average overhead.Responsible for all company capital including the sourcing of new investment partners and securing new lines of credit.Prepares and reviews all financial reporting for creditors, investors, and joint venture partners.Monitors all cash flows and cash balances for a various number of entities and transfers funds accordingly to meet operational requirements.Reviews all accounts payable and receivables; determining the probability of collections and negotiating payment terms when required when cash flow issues arise.Prepares and analyzes annual company operating budgets and provides feedback to the owner regarding company-wide departmental expenditures and performance.Negotiates and secures all company insurance policies including, general liability, directors and officers, auto, and wrap insurance.Performs all due diligence regarding prospective land purchases and joint venture agreements. Currently working on the due diligence for several master planned projects in the state of Arizona and a mixed-use project in Nevada.Responsible for the financial success of several ancillary businesses such as two local golf courses, an equipment rental and grading company, and several construction subcontractors.20072008Molasky Pacific Las Vegas, NVCorporate ControllerDesigned and implemented new accounts payable processes that reduced work in process $2.1M.Implemented more efficient bank draw procedures that resulted in quicker turn around times from the lenders.Instituted new cash flow procedures that resulted in a $130,000 savings the first month of implementation and reduced previously required on hand company cash balances.Prepared and analyzed all 6 of the Companys equity partnership draws.Established a reporting process to more accurately track the balance and monthly debt regarding more than $500M of corporate and project related loans. Page 2Rudy Romano, MBADecreased reporting time to partners and lenders by integrating both the Las Vegas and Santa Monica offices onto the same accounting software and network.Implemented new accounting structure that allowed a reduction in department headcount due to more efficient lines of internal communications.Managed several different property management agreements ranging from private charter jets and hangers, to hotel and apartment rentals.Reduced CPA expenses and increased audited financial turnaround to partners and lenders by mirroring the companys internal accounting structure with that of the certified financials.20062007Lennar, Inc. Las Vegas, NVDivision ControllerResponsible for initiating and implementing cost saving measures to increase margins and reduce the Divisions overhead expenses for the upcoming fiscal year resulting in a projected savings of $4M.Responsible for daily supervision of eight accounting staff members.Perform all accounting, budgeting, forecasting, internal & external reporting, cash flow analysis, and management reporting.Implemented improved asset management tools to significantly reduce the Divisions inventory of unclosed completed homes to reduce the balance sheet and increase RONA.As Board of Director for nineteen homeowner associations, was able to reduce costs by $300,000 per year by implementing and administering more effective financial policies and controls between the Division and the management company.Implemented new techniques to increase account payable turns from four weeks to two weeks and increased the weekly vendor pay run $2M. This in turn, allowed the Division to negotiate better contract pricing with its trade partners and reduce legal costs significantly.Initiated a best practices group in order to streamline processes and increase efficiency and accuracy in all departments.Regularly perform mini-audits by department within the Division to ensure that all policies and procedures are Sarbanes-Oxley compliant.Well versed in Nevada state lien laws.20032006Pulte Homes, Inc. Las Vegas, NVLand Finance Manager/Land Development & PlanningResponsible for the accurate creation and maintenance of all land development budgets from acquisition through community close out.Responsible for creating an electronic program to effectively perform cost take-offs from historical actual costs for financial modeling purposes.Developed an electronic cash flow tool that tracked and evaluated the impact of schedule and resource changes.As an active member of the Divisions ISO 9000 team, implemented more efficient processes for the department that reduced the budget review time in half. Page 3Rudy Romano, MBASenior Financial Analyst/Nevada Area & DivisionalPrepare quarterly forecasts and the annual financial plan. Monitor actual versus forecasted performance and advised on variances and causes.Created and implemented new forecasting techniques in the Nevada area that have proven to be more accurate and have faster turn around times than previous methods.Responsible for creating and analyzing the financial models of potential land acquisitions. Projects have included strategic planning for the creation of new divisions.Controlled and coordinated all accounting functions for the Nevada Area Overhead.Developed and administered procedures and systems that were in compliance with GAAP and Sarbanes-Oxley to oversee all financial affairs for the Nevada area.Created a production flow tool to aid in the forecasting of new communities that has resulted in a decrease in delays of community openings and production gaps for on-going operations. This tool has been implemented in other areas of the country.Aided each of the departments in standardizing their processes to better control inventory levels.As risk manager, successfully implemented and managed the continued operations of the local record retention program.Established a separate purchasing company for the Merchandising Department enabling the department to be an independent entity. Created the departments financial policies and procedures along with a database for more efficient forecasting, budgeting, and invoice processing.19992003Toll Brothers, Inc. Las Vegas, NVAssistant Controller/Accounting Manager/Divisional AccountantResponsible for the financial projections, reporting, and analysis of the Las Vegas Division. Created projection tools that reduced the number of variances by 50%.Automated a manual accounts payable process resulting in reduced overhead, increased data entry accuracy, and increased payables turnover. Oversaw general ledger, accounts payable and receivable. Established processes and procedures to increase account payable and receivable turnover.Responsible for the management of divisional and community budgets. Created a contract analysis tool that reduced cost of goods sold 20% for the Las Vegas Division.Direct supervision of six employees and indirect mentoring of twelve employees.

19981999Saxton, Inc. Las Vegas, NVCost Engineer/Contract ManagerOversaw the set-up and training of the corporate office and three remote office sites.Implemented an integrated project management program companywide increasing effective communication, reducing cycle times and overhead costs.Responsible for all cost accounting and analysis.Orchestrated all of the contract generation and cost recording. Page 4Rudy Romano, MBA

EducationUniversity of Nevada at Las VegasLas Vegas, NVMaster of Business Administration in FinanceUniversity of Massachusetts, AmherstAmherst, MABachelor of Science in Hotel, Restaurant, and Travel AdministrationFinance FocusGraduated Cum LaudeSuffolk Community CollegeSelden, NYAssociate Degree in AccountingGraduated with honors
Advanced Computer SkillsMicrosoft ExcelMicrosoft ProjectMicrosoft WordMicrosoft PowerPointMicrosoft OutlookNovell GroupWiseLotus 1-2-3J.D. EdwardsLawsonTimberlinePaychecksPrimavera Expedition
ReferencesProfessional and personal references can be furnished upon request.

 
 
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