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- 25 years' of diverse experience in financial and accounting management, operations, and development (primarily in the real estate industry), including new company and operating division start-ups, acquisitions, dispositions and spin-offs, hiring, training and retaining skilled personnel, determination of employee responsibilities, and prioritizing critical time-sensitive tasks.- Experienced with negotiating and closing a variety of financing instruments, including construction loans, permanent loans (traditional and CMBS mortgages, life companies, tax credit equity investors), secured and unsecured operating and warehouse lines of credit, and tax-exempt bonds. - Successfully directed and managed mid-year and year-end audits by outside firms. Maintained monthly, quarterly, and annual financials, and five year operating forecasts for operating divisions and consolidated corporate activity. Have consistently been able to significantly improved timing and/or quality of financial reports and forecasts, as well as improve the timing of completion of tax returns and audits.- Strongly skilled at taxes, treasury and cash flow management, financial planning, information systems, human resources and general administration, along with developing or reforming company operating policies and procedures to improve productivity, streamline operating costs, and increase cash flow.- Highly experienced in installing and managing a variety of financial and job cost accounting software systems, with the ability to quickly implement and integrate full system capabilities in order to maximize operating efficiencies and address senior management financial reporting needs.- Expert at creating Excel spreadsheets with formulas, macros and v-lookups to create, develop or modify analytical pro-formas, cash flows, budgets, etc. that incorporated all critical variables necessary to identify and improve operating efficiencies and company profitability.
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Contract ConsultantSelf-Employed Aug 2015 - May 2019Ventura, Ca
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Corporate Controller / CfoG Companies / Mesa Management, Inc. / Three G Development Jul 2006 - Jul 2015Newport Beach, CaInitially managed all homebuilding financial reporting, job cost accounting, budgeting, and cash flow forecasting for 17 projects, while overseeing an accounting staff of 7. Subsequently oversaw monthly financial statements and tax returns for over 100 entities (homebuilding, multi-family, commercial, and corporate entities). Completed a portfolio financial restructuring plan prior to owner being forced into involuntary bankruptcy in June 2008. Managed all bankruptcy reporting and documentation requirements with the court, trustee and attorneys. Served as Disbursing Agent for the bankruptcy plan, while still overseeing 65 remaining entities. Created extremely detailed semi-automated annual property budgets which incorporated 5 year historical trend analysis, and developed worksheets to manage and forecast detailed company and project cash flows. Completed a $64 million apartment refinance in less than 31 days from start to close. Left company due to relocation to Ventura, CA. -
ControllerDynamax Mortgage May 2005 - May 2006Irvine, CaPartnered with CEO to start-up new company from scratch. Set up and managed all aspect of accounting, loan servicing, customer service, and human resources. Obtained and maintained $45 million in warehouse bank relationships, completed all investor applications and reporting, and generated monthly production statistical analysis for owners. Oversaw interim and year-end external audits. Personally generated and maintained all borrower mortgage billings, payoff demands, and loan servicing transfers. Company closed as a result of the downturn in the real estate mortgage market.
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ControllerQuick Loan Funding Sep 2004 - May 2005Irvine, CaLed transition from outside-company generated financials to fully functioning internal accounting division, including procedures, controls and internal audits. Completed full financial audit within 30 days after being hired. Directed clean-up of the company's mortgage origination software database in order to improve company operating efficiency. Managed accounting, customer service, and loan servicing departments. Implemented full loan production statistical analysis for owner. Left with CFO to start-up Dynamax Mortgage. -
Consultant / ControllerBridge Capital Corporation Nov 2002 - Sep 2004Lake Forest, CaSet up standardized policy, procedure and control guidelines for all accounting functions. Managed staff to maintain all loan servicing, accounting and production analysis during year where funding and gross profits increased by over 50%. Managed semi-annual audits and all monthly statistical production reporting for warehouse lenders and partners. Assisted CFO with setup of bank packages for procurement of additional $20 million of warehouse lines of credit. Left company to follow CFO to Quick Loan Funding.
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Consultant / Cfo - Coastal DivisionCapital Pacific Holdings, Inc. Jun 2001 - Jan 2002Newport Beach, CaRedirected implementation of construction/accounting software to achieve available program capabilities. Re-organized company's job cost accounting structure to match industry standards. Restructured all project loan draws, gross margin analysis worksheets, and financial reports to match revised accounting system format. Served as both CFO and Controller for division, while managing staff for all accounting on 7 projects, a design center, a mortgage company, and all corporate A/P.
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ControllerSteadfast Management Company Jun 2000 - Jan 2001Newport Beach, CaAssisted in the set-up of new property management company to oversee the real estate portfolio owned by parent company. Implemented a new in-house accounting system, and transitioned 32 apartment properties (6,800 units, including low-income qualification data for every tenant) from the prior third party management company. Managed a staff of 6 with responsibility for A/P, cash management, and full financial statement preparation and distribution to owners and lenders.
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Director - Financial Analysis / Director Project FinanceCatellus Development Corporation / Catellus Residential Group Aug 1995 - Mar 2000San Diego, Ca / Irvine, CaInvited by prior CFO of Odmark & Thelan to help start-up a new Public/Private Ventures affordable housing development division. Responsible for all financing requirements of the new division, including new project financial feasibility, yield analysis and financial proformas, tax credit applications and allocations, equity investor commitments and partnershp structures, tax exempt bond applications, construction and permanent loan commitments, and negotiation and documentation of loans. Managed, negotiated or implemented over $580 million in construction financing, $33 million in permanent loans (inclulding 501(c)(3) tax-exempt bonds), $14 million in grant proceeds, and $17 million in tax credit investor equity proceeds for ten diverse real estate development projects. Partnered with several non-profit foundations on various affordable rental housing developments. Left company when the Public/Private Ventures division was closed down, and the balance of homebuilding operations were sold off.
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Senior Financial Analyst / Controller - Real EstatePrice Company / Price Costco / Price Enterprises Sep 1992 - Aug 1995San Diego, CaResponsible for accounting, budgeting, forecasting, reporting and annual financial review for $450 million of commercial and retail real estate assets at 79 locations across the United States. Created, implemented and managed reporting interfaces with senior exeutive staff, property management, and construction departments. Managed staff for A/P, A/R, asset management and construction job costing. Resonsible for all real estate information reporting during the merger of Price Company with Costco Warehouse. Created and reconstructed a 5-year financial history as part of SEC review requirements for the tax free spin-off of Price Enterprises from Price Costco. Left company to help start up a new operating division at Catellus.
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ControllerOdmark & Thelan Managers May 1989 - Aug 1992San Diego, CaManaged all accounting processes on 4 corporations, 9 partnerships and 2 remote site rental properties. Organized and initiated set-up of new property management accounting system, including design of customized activity reports and financial statements, and remote site user training. Served as controller for three separate operating divisions/entites: a property management company, a real estate development company, and a general contractor. Responsible for monthly corporate budgets and performance reviews, construction project invoicing, development loan draws, and property management financial reporting. Company was closed when our primary construction lender was taken over by the RTC, and owner personal guaranties were called. Followed one of the owners to Price Company.
John Mcfadden Skills
John Mcfadden Education Details
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Economics
Frequently Asked Questions about John Mcfadden
What is John Mcfadden's role at the current company?
John Mcfadden's current role is CFO-Consultant.
What is John Mcfadden's email address?
John Mcfadden's email address is jm****@****att.net
What is John Mcfadden's direct phone number?
John Mcfadden's direct phone number is +194968*****
What schools did John Mcfadden attend?
John Mcfadden attended Pomona College.
What are some of John Mcfadden's interests?
John Mcfadden has interest in International Travel, Backpacking, Photography, Hiking, Life Fulfilling Adventure, Mountaineering.
What skills is John Mcfadden known for?
John Mcfadden has skills like Accounting, Real Estate, Leases, Property Management, Asset Management, Real Estate Economics, Financial Analysis, Accounts Payable, Real Estate Development, Commercial Real Estate, Budgets, Real Estate Transactions.
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