Anilkumar Patel Email & Phone Number

Peachtree Corners, Ga 30092

East Point, Georgia

Norcross, Georgia

Evaluated new investment projects; prepared and analyzed revenue and cost projectionsPrepared financial packages for acquisition, redevelopment and refinancing of real estate backed mortgagesPrepared and executed construction draw requestsExperienced in hotel valuation and liquidated values of hotelsMaintained excellent banking relationships with business bankers and loan officers associated with the companyOversaw franchisee relationship with Hilton Hotels, Choice Hotels & Cendant Hotels for the company Reviewed corporate federal tax returns and assisted the accountant in tax planningDeveloped strategic and operating plans for nine franchised hotel propertiesDirected hotel operations to maximize profits and developed employee retention programs and incentivesResponsible for hiring and termination of key property personnel (GM, AGM, DOS, FOM, etc.)Supervised renovation of properties and managed contractors and sub-contractors

Restructured organization and achieved approximately 20% cost savingDeveloped employment policies and procedures and instituted staff training programsStabilized business by increasing revenues and cutting costDevised a three year strategic plan for the property Revamped purchasing policies resulting in 15% reduction in operating expenses

Prepared loan documentation to secure financing for property acquisition/development projects Developed business and operating plans for executive managementImplemented renovation projects: interviewed and negotiated with subcontractorsDeveloped operating budgets for the real estate properties of the company

Negotiated contracts and managed relationships with corporate clients, event planners, suppliers, services providers and contractorsLowered operating expenses by over 30% by sourcing and negotiating favorable contractsSupervised a staff of 22 employeesMaintained financial oversight of performance and operationsPrepared monthly and quarterly sales forecasts and budgetsMonitored sales staff's targets and assisted in making sales calls.Assisted in selection process of subcontractors for $250,000.00 conversion project for Comfort Suites.Prepared daily financial statements, cash flow analysis and tax planning.

Acquired broad experience in financial analysis and business planning. Projects accomplished include: Developing business plans/loan proposals for SBDC clientsObtaining financing of over $5 millionAcquisition analyses and business valuationConsultation and implementation of accounting systems for small businessSmall business acquisition analysis and determining business values

M. S, Accounting

M. B. A, Finance

B. S, Accounting

Education record