Pamela Mc Eldowney

Work History

Work History
2005 - 2010

Chief Financial Officer

Weitzer Communities, LLC

Responsible for managing all banking relations from loan inceptions to “work out” provisions including forbearance agreements with Bank’s special asset groups.Review all loan documents for comments which were forwarded to counsel for both lender and borrower.Placed 7 loans totaling$203,875,000 in seven months for four separate projects.Implemented a software conversion from QuickBooks to Timberline and directly trained all necessary staff.Directly responsible for 9 separate entities’ financial reporting on a monthly basis including balance sheet, income statements, general ledger, trial balance, billings, payments, job cost, estimating, intercompany accounts, accounts receivable and accounts payable; and coordinated with outside accounting firm for year end purposes including audits if required.Responsible for the day-to-day accounting for all companies.

Additional duties include:

  • Management of corporate insurance policies including health insurance for employees
  • Management of AIA draws with various lenders, project forecasts, change orders, budget comparison, certificate of insurances, release of liens, notice to owners and claims of liens
  • Handle all customer contacts, contracts, deposits, escrow accounts, addendums, prorations, unit inspections, building inspections, broker and co-broker commissions with Title company for closings.Provided approval on all HUDs.
  • Interact with the property management company regarding collections, ARCH approvals, lease approvals and reviewed monthly accounting package supplied by the management company
  • Report directly to CEO and partners
  • Responsible for all aspects of the strategic financial planning
  • Prepare, develop and manage annual budget and ensure implementation offorecast within the strategic plan
  • Monitor and update the progress of the organization towards meeting its key financial objectives
  • Develop cash flow forecasting and maintain a long term cash forecast
  • Provide continuous improvement of accounting and financial processes and the development of the team with the goal to achieve best practices and optimal output
  • Develop and oversee accounting policies and procedures to meet both current and future business models
  • Develop and oversee the internal review function to ensure that finance and operations controls and policies are complied with in the provincial and field offices
2004 - 2005

Controller

Boca Developers

Managed the activity of the Accounting Department and worked “hands-on” with accounting staff.Performed second-level review of Financial Reports.Responsible for the accurate and timely preparation of annual and monthly Financial Reports.Evaluated the accounting structure and staffing requirements for the Accounting Department.Established corporate accounting policies and procedures in conjunction with CFO.Ensured compliance with corporate accounting policies and procedures.

Additional duties included:

  • Analyze effectiveness of accounting systems and internal controls
  • Recommend and implement techniques to improve productivity, increase efficiencies and cut costs.
  • Assess accounting workflow and maintain accounting methods and procedures to control more efficient handling of daily activities
  • Oversee the preparation of documentation for any audits, compilations or reviews of the Companies by outside accounting firms.
  • Management of corporate insurance policies and responsible for the OCIP insurance program requiring data to be collected, compiled, interpreted, researched and analyzed, interacting with various departments and maintain related financing agreements.
  • Maintains systems and controls to verify integrity of all processes, records and data.
  • Responsible for the day-to-day accounting for the companies.
  • Provides information and general support to the Project Accountants and to management.
  • Review year end and facilitate tax return preparation.
2002 - 2003

Director of Accounting

Goodwill Industries of Denver, Inc.

Responsible for all day to day and long range financial matters and management of all financial institution relationships.Arrangement of Bond Coupon payment, employee recruitment, as well as all account relationships.Act as Goodwill Industries investment liaison between Pension Investment Company and Goodwill Industries.

Additional responsibilities included:

  • Management of Accounting Staff of five.
  • In house payroll of 530 employees.
  • Appointed to six tactical expansion teams.
  • Prepared monthly financial statements, variance explanations, forecasts and budgets using FRx Reporting.
  • Developed, implemented, documented and monitored internal controls.
  • Prepared reports, analysis/research requested by V.P of Finance and CEO.
  • Reporting and Accounting for all Retail Operations.
  • Supervised all aspects of corporate governance.Responsible for necessary filings with regulatory agencies.
  • Payroll reporting of W-2’s, W-3’sand 941 reports.Including 1099 and 1096 reports.
  • Prepared external financial statements and complete audit responsibility, including 40% reduction in audit fees.
  • Filed for and maintain business licenses.
1993 - 2000

Chief Financial Officer

Gibraltar Capital Corporation

Accountable for all day to day and long range financial matters and management of all financial institution relationships.Arrangement revolving credit lines, term and mortgage loans, as well as all account relationships.Act as Gibraltar Capital Corporation international investment liaison between foreign partners/accounting firms and domestic partners/accounting firms.Responsible for all business and investment valuation using both quantitative and qualitative measures.Responsible for corporate, internal/external partner capital allocation and partner mediation as well as capital budgeting.Created human resource policies and procedures as well as involvement in employee recruitment.Primary responsibility for all budget analysis and management of cash flow.Implementation of computerized accounting system.Preparation of all work papers for audited financial statements.Responsible for all accounts payable, accounts receivable, general ledger and job cost for all companies and partnerships.Create income statement and balance sheet for all companies and partnerships.Project responsibility includes preparation of utility corporation financial statements in accordance with the National Association of Regulatory and Utilities Commission standards.

Gibraltar Capital Corporation is the holding company for Gibraltar Homes. 

Additional duties included:

  • Prepared monthly financial statements, variance explanations, forecasts and budgets.
  • Developed, implemented, documented and monitored internal controls.
  • Prepared reports, analysis/research requested by President and CEO.
  • Handled lease and joint venture agreements as requested.
  • Supervised all aspects of corporate governance.Responsible for necessary filings with regulatory agencies.
  • Prepared payroll including annual IRS reporting of 1099’s, W-2G’s and 1042S.
  • Prepared external financial statements and assisted with audits.
  • Filed for and maintain various business licenses.
1988 - 1993

Controller

CNL Group, Incorporated

Primary responsibilities included preparation of month end, quarterly and annual reports, all phases of accounting through profit and loss, and consolidated financial statements for CNL Group and its subsidiaries.Management of cash flow, accounts payable, accounts receivable, general ledger and job cost for all divisions of CNL Group.Capital budgeting as well as other budget preparation and analysis.Generated segment, divisional and departmental income statement.Project responsibility included valuation of consolidated companies for inclusion in officers' personal financial statements.

Additional duties included:

  • Prepared monthly financial statements, variance explanations, forecasts and budgets.
  • Developed, implemented, documented and monitored internal controls.
  • Prepared reports, analysis/research requested by President and CEO.
  • Supervised all aspects of corporate governance.Responsible for necessary filings with regulatory agencies.
  • Supervised payroll including annual IRS reporting of 1099’s, W-2G’s and 1042S.
  • Supervised administration of 401(k) plans.
  • Prepared external financial statements and assisted with audits.
  • Filed for and maintain various business licenses.
1982 - 1987

Accounting Manager

Complete Interiors Incorporated

Complete Interiors, Incorporated is a real estate developer and contractor with annual sales in excess of $60 million.Primary responsibilities included management of all financial institution relationships, accounts payable, accounts receivable, job costs, construction draws, payroll, sub contractor payments, credit management, budget projections and variance from budget analysis.

Additional duties were analysis of financial reports and all general ledger accounts. Creation of detailed management reports for construction, development and property management for Complete Interiors and all subsidiaries.

Education

Education

Certifications

Certifications
1990 - Present

Certified Public Accountant

State of Florida