Don Schulz Email & Phone Number

Plano, Tx, Us

Dallas

Dallas/Fort Worth Area

• CFO for a Financial Services firm. Consulted on a post merger as well as capital raise. Accomplishments included preparing 3 yrs. of financials records for conversion to GAAP financial statements after merger including valuation of assets. Provided financial projections and statements for both Reg D and Reg A+ offerings. Reg A+ offering successful filed with SEC approval. Performed and provided due diligence material for potential investors. Accounting system conversion after merger for consolidated financial statements for various subsidiaries.

Dallas/Fort Worth Area

Provided strategic leadership and direction for the corporate finances and real estate investment portfolio. Coordinated the audit and tax activities of the partnership portfolio with private equity firms. Audit activity included reviewing financial statements to insure in compliance with GAAP. Tax activity included developing tax work papers and procedures with CPA firms to insure compliance with various tax jurisdictions. Developed company procedures to reduce audit and tax preparation fees for partnerships.

Dallas, Tx

Provided strategic leadership and direction to stabilize the finance function for a multi-family and commercial real estate investment and property management company. Tasked with improving the financial reporting to identify potential financial, operational risk and improving cash flow of the managed assets. Investment partnerships included private equity funded investments. • Implemented a strategic emphasis on cash flow for all operating assets to increase ROI to investors as well as increase the assets valuations. Increased revenue and cash flow by $100,000 plus by identifying un-billed cost to property tenants.• Increased annual cash flow by $200,000 by identifying reimbursable expenses for property Management Company.• Performed a complete internal due diligence for multiple partnerships and LLC’s’ balance sheets, accounting policies and operations procedures to insure compliance requirements are met.• Interpreted and monitored all partnership, operating and loan agreements to insure all covenants are in compliance.

Dallas/Fort Worth Area

Provide leadership and direction to all aspects of the financial stewardship of the company, which includes financial management, accounting, expense control, cash flow management and strategic planning. Restructured the accounting infrastructure to utilized software features to automate processes. Develop accounting procedures for producing monthly financial statements and analysis. Achieved a increase in cash flow from operations over prior year by applying a rolling 13-week cash flow forecasting model for cash and working capital optimization. Identified reduction in production cost by performing a comprehensive cost analysis of operations and product cost. .Developed profit margin analysis for all product lines for marketing and pricing policesReduction in long term debt by developing cash flow strategies to meet balloon debt payments while meeting operational obligations.Created a sales and production model for financial planning, cost analysis, inventory and cash flow analysis.Performed a complete internal due diligence for multiple companies' balance sheet items, accounting policies and operations procedures to insure compliance requirements are met.

Dallas

Provided detailed accounting and finance consulting on key enterprise issues within the distributions, minerals investments and technology industries.Identified tax savings of $285,000 by analyzing cash flow and profitability improvement opportunities. Improved operational efficiency by facilitating substantial invoice error reductions from 15% to 1%, while reducing backlog in billings and accounts payable Audited financials records for financial statement presentation. Developed detailed financial support documents for annual audit.Created and assessed accounting procedures for confirming and recognizing revenue. Analyzed company financials and processes, recommending cost beneficial applications to be implemented in full compliance with GAAP.

Managed a broad spectrum of finance, tax, accounting, human resources, payroll, benefits, IT, and compliance areas for company that provided sales and service to the health care industry. Maintained accountability for overseeing all aspects of corporate financial functions, including financial & variance analysis, budgeting, forecasting, A/R, A/P, general ledger, cash management, and payroll. Revised procedures to ensure compliance for all aspects of tax planning and with all federal, state and local corporate, payroll and sales taxes.Actively led key performance enhancements, reducing outstanding receivables by 30% and long-term debt by 40% through increased cash flow from operations.Saved $160K in worker's compensation annual premiums by developing strategy to exit high risk market.Realized a $15,000 savings in processing cost by utilizing $1,000 purchase of software.Created and implemented integral revenue and cost metrics to evaluate route profitability, employee performance, operating cost and forecasting.

Oversaw day-to-day financial functions, with an emphasis on converting spreadsheet to accounting software system. Developed management reports and budgets for management to identify key performance enhancements. Consulted with management on financial matters. Enhanced staff members' proficiency in various accounting initiatives, including accounting and expense coding. Reduced monthly financial statement generation time from 30 days to 1 day. Proficiently allocated and presented budgets for real estate partnerships, developed internal controls, and facilitated the integration of a cost-effective internal risk management program.

Full service national commercial and multi-family real estate and brokerage Investment Company. Targeted improvements of asset value, ROI, revenues and cash flow for multiple partnerships and LLC entities. Maintained accountability for monthly and year- end close for multiple partnerships. Prepared monthly balance sheets, income and cash flow statements for management and investors. Analyzed revenues, expenses, variations and forecasting cash flows. Developed yearly budgets and audit work papers.Improved annual revenue 1.6M (16%) and annual cash flow 1.7M (27.7%).for partnership. Boosted annual revenues 360K (11.5%) and cash distribution 240K for partnership.

Bs, Business Administration; Accounting

Bs Business Administration