Steven Tilley
6609 Daniel Pierce Drive
Greensoro, NC 27410
sptgso[at]aol.com
Tel: 336-340-9546
SUMMARY OF QUALIFICATIONS
Exceptionally dedicated and motivated professional with substantial experience developing, implementing and managing complex projects within time and budgetary constraints. Strong background in finance, administration and public accounting. Successful negotiator with outstanding communications skills and extensive experience working with diverse groups. Proven ability to maximize profits through achievements in finance management, cost reductions, internal controls and efficiency improvements.
PROFESSIONAL EXPERIENCE
* Prime Properties of Winston-Salem, LLC Greensboro, North Carolina
* June 1990 Present
* Chief Financial Officer
* Brought on by this residential land developer and homebuilder to direct all accounting activities, regulatory and corporate compliance, contract negotiations, bidding, direct audits, and prepare and implement budgets. Ensure engineering designs account for financial considerations. Compare bids against blueprints. Research market position for potential development opportunities. Negotiate labor and materials. Facilitate the sales process.
* Personally increased sales from $500,000 to $21,000,000+
* Recruited and mentored team of four office personnel.
* Recruited and supervised a team of eleven sub-contractors.
* Maintain relationship with lending institutions and investors through timely financial information including forecasts of cash flows.
* Minimized insurance premiums that saved $4,200 per year.
* Prepared budgets and forecast. Met budgets with a variance of minus 2%.
* Exceeded desired profit margins of 20%, Reduced delivery schedules of lots by three months and homes by 150 days.
* Increased quality of work therefore limiting callbacks for at least 10 projects per month.
* Prepared all financial statements for four divisions in accordance with GAAP/SAP.
* Facilitated computerization of all accounting requirements on QuickBooks, Turbo Tax and Excel. Co-ordinate all IT requirements.
* Reconcile accounting activities and post adjusting journal entries.
* Maintained internal controls in compliance with Sarbanes-Oxley.
* Co-ordinate audit process with outside CPA firm.
* Prepared all federal and state income tax returns, property tax listings, sales tax, 1099's, and payroll reports.
* Identified 1,434 acres of potential development sites, performed due diligence and negotiated purchase of selected sites for a total of more than $21.5 million; obtained one site at a $13,000 per acre discount.
* Increased homebuilding profit margins from 7.6% to 22.4% by refining house plans for greater efficiency, and constantly renegotiating materials and labor.
* Increased profit margins on lots from 11.5% to 26% through competitive bids and astute management of labor and materials.
* Developed an innovative solution to a site with rock removal costs expected to exceed $500,000 by grinding the rocks into fill material for a cost of $380,000 that further cut cost of grading by $150,000. Brought lots on line at significant cost reductions.
* Implemented time limits on project completion, completion at budget, production parameters and other planning systems reducing costs, maintain working capital. and increasing cash flows.
* Identified a tax law that let the company expense $323,000 recreation site vs. capitalized.
* STEVEN TILLEY, CPA Winston-Salem, North CarolinaJune 1984 June 1990
* Owner
* Launched this accounting firm that specialized in preparing audits, individual, corporate and partnership tax returns, monthly bookkeeping services and preparation of quarterly, monthly and annual GAAP compliant financial statements. Recruited, managed and developed a staff of five accountants and one secretary. Managed client relationships and retention.
* Built the business quickly, increasing gross revenues from $0 to more than $400,000 in six years through persistent networking, seminars and exceptional, timely customer service.
* Cultivated a high performance staff team aligned with company goals, attuned to details, professional in dealings with clients and prompt in returning calls and in delivering financial statements and tax returns.
* Improved client retention with accurate and timely deliveries and extra care to meet client expectations.
EDUCATION
Bachelor of Science in Accounting; 3.6/4.0
Willing to Relocate / Proficient in QuickBooks, Turbo Tax, Excel, And Word
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