Larry Clever, Cpa Email & Phone Number

Charlotte, Nc, Us

Charlotte, North Carolina, Us

Charlotte, North Carolina, Us

Mooresville, Nc, Us

• Managed the accounting group of 4 direct reports overseeing several development projects and a wide range of operating companies, including a high-volume brokerage firm for institutional buyers, a construction company, property management and a title company• Oversaw the processing of all A/P and A/R across the company• Compiled, reviewed and presented monthly financials consolidating all companies to the CFO and principals• Spearheaded the transition of accounting systems from QuickBooks to Sage 300 CRE (Construction and Real Estate), teaching myself how to use the system utilizing online tools available and provided training to staff on how to most efficiently utilize the new accounting system• Documented accounting department policies and procedures and implemented closing checklists (which had not previously existed) to ensure timely and accurate completion• Prepared and presented monthly cash flow forecasts across the company and assisted with adjusting planning accordingly• Reconciled company credit cards to analyze for approved expenditures and to ensure appropriate expense/job cost coding• Analyzed, and reported on job costing by property and compared to budget to analyze variances and reported results• Developed custom reports for residential rental investment funds to report results and to analyze possible sales• Analyzed the insurance coverage across the company to identify gaps in protection against losses/potential liabilities• Led the tax estimating process, including recommendations on structures to minimize tax impacts of business ventures• Managed the preparation of tax returns by our outside CPA firm and reviewed and signed off on returns prior to filing• Utilized prior SOX experience to perform walkthroughs within the company to map out processes, identify gaps and redundancies in processes

Charlotte, Nc, Us

• Managed the accounting group of 6 direct reports overseeing over 30 projects located across the US comprised of joint venture residential developments (both land development and home building projects) structured with multiple layers of over 100 LLCs• Oversaw third party property managers for 10 commercial properties including strip malls, office complexes and apartment complexes• Prepared quarterly reviews for 6 direct reports and met to discuss performance and progress toward achieving goals• Reviewed property level financials prepared by developer partners and direct reports, prepared consolidated financials of large portfolios of projects, and managed the audit process with external auditors• Reviewed monthly management company financials, including providing budget variance explanations and presented to the CFO• Directed and managed the processing of monthly investor capital calls, distributions and financial reporting• Documented accounting department policies and procedures and implemented closing checklists to ensure timely and accurate completion• Reviewed operating and debt agreements to ensure all of the various LLCs were being tracked against the relevant terms to ensure compliance, including required curtailments, prohibited transactions and required reporting• Managed the cash accounts for joint ventures, including all treasury functions and payment processing• Spearheaded the selection of, migration to and testing of a new general ledger system to manage the large number of legal entities more efficiently and to integrate with an internally developed cash flow projections system• Reviewed tax estimates at the legal entity level including the roll up effect across the portfolio and oversaw a direct report managing the tax return preparation process with an outside tax firm• Directly managed the company’s successful response to an IRS audit of a land development joint venture LLC

Charlotte, Nc, Us

• Managed the accounting group of 6 direct reports overseeing over 30 projects located across the US comprised of joint venture residential developments (both land development and home building projects) structured with multiple layers of over 100 LLCs• Oversaw third party property managers for 10 commercial properties including strip malls, office complexes and apartment complexes• Prepared quarterly reviews for 6 direct reports and met to discuss performance and progress toward achieving goals• Reviewed property level financials prepared by developer partners and direct reports, prepared consolidated financials of large portfolios of projects, and managed the audit process with external auditors• Reviewed monthly management company financials, including providing budget variance explanations and presented to the CFO• Directed and managed the processing of monthly investor capital calls, distributions and financial reporting• Documented accounting department policies and procedures and implemented closing checklists to ensure timely and accurate completion• Reviewed operating and debt agreements to ensure all of the various LLCs were being tracked against the relevant terms to ensure compliance, including required curtailments, prohibited transactions and required reporting• Managed the cash accounts for joint ventures, including all treasury functions and payment processing• Spearheaded the selection of, migration to and testing of a new general ledger system to manage the large number of legal entities more efficiently and to integrate with an internally developed cash flow projections system• Reviewed tax estimates at the legal entity level including the roll up effect across the portfolio and oversaw a direct report managing the tax return preparation process with an outside tax firm• Directly managed the company’s successful response to an IRS audit of a land development joint venture LLC

Gb

• Coordinated, supervised and performed the review and audit of the following areas within a large bank: Corporate and Commercial Banking; Personnel, Legal, Accounts Payable and Fixed Assets as well as multiple hedge funds, funds of funds and private equity funds• Authored and coordinated the documentation of various memos detailing the impacts of technical accounting guidance on business units I audited including: ASC 718 Compensation - Stock Compensation, ASC 450 Contingencies, ASC 350-40 Software Capitalization, ASC 815-30 Derivatives and Hedging (Cash Flow Hedges), ASC 840-40-25 Sale-Leaseback Transactions, ASC 715 Retirement Benefits, ASC 310-40 Troubled Debt Restructurings by Creditors, and ASC 820 Fair Value Measurement• Reviewed and proposed changes to 10-Q and 10-K disclosures, and proposed audit adjustments• Developed team budgets and monitored budgeted versus actual results throughout audits performed• Led and managed two separate teams comprised of 5 and 3 members each that reported to me in carrying out audits on budget and within tight deadlines• Coordinated with several domestic and international audit teams in the UK, New York, California, and Tokyo to coordinate audits of Corporate and subsidiary financial statements• Obtained extensive experience with Sarbanes Oxley Regulations (SOX) through coordination, supervision and performance of SOX walkthroughs, testing, identification of deficiencies and providing guidance to Finance teams to resolve deficiencies noted