Josh Shaffer Email & Phone Number

Cleveland, Ohio, US

Cleveland, Ohio, US

Lawrenceville, Georgia, US

• Conducted month-end closing procedures by the 10th of every month including bank reconciliations, review of income and expense accounts and audit of asset and liability accounts
• Prepared and remotely presented a “pack” of standardized monthly reports to officers and investors that included a balance sheet, income statement, statement of cash flows, key metrics and detailed analysis of.
• Managed and worked closely with outside independent financial and management consultants to continually improve and implement accounting and management practices and procedures and department structure
• Prepared monthly debt covenant analyses to guide management decisions on growth and expansion while adhering to covenants
• Extensive work creating models and forecasts to guide management decisions including a COVID-19 plant shutdown, annual capital budgeting, debt paydowns, and cash flow forecasting
• Created a capitalized overhead cost model that allowed the company to accurately accrue or expense overhead costs with monthly changes in inventory and avoid large year-end adjustments

Atlanta-Dallas-Kansas City-London-New York-Sydney, GA, US

• Assisted in managing monthly/quarterly investor-reporting items for an institutional client with $950MM+ value of outstanding senior, mezzanine, and equity positions
• Supported asset managers in managing portfolios of performing/distressed retail, office, hotel, and multifamily properties located throughout the US
• Utilized Argus and Excel to model property and position level valuations for investor presentations.
• Tracked asset level financials and returns to monitor performance compared to both the budget and current projections
• Performed ad-hoc evaluation debt modification scenarios, and client position adjustments contemplating how key factors can affect profit and returns
• Guaranteed prompt execution of loan covenants such as approving and disbursing construction/operating expense funding requests and auditing future funding obligations and capital reserves