Michael L. Labak Email & Phone Number

New York, New York, Us

Full Property Management Services. Placement Leasing to Operations to Accounting. Short, Mid and Long Term Rentals. Temp Housing accommodations for Displaced Homeowners due to fire, flood, etc.Temp Housing for Vacationers, Corporate Relocations/ Job Transfers/ Out of Area Work Assignments.Rehab/ Light Construction/ Handyman Services possible.

Accounting and Financial Consulting Services - typically mid-level to senior level/ executive. Independent Contractor (IC)/ c2c/ 1099 but can work w2.

$ B (Multi) CBRE Global Fund Accounting - Investment Accounting & Reporting (IA&R) for Investment Mgmt. client of a Top Performing NCREIF/ ODCE commingled open-ended RE fund. GP and LP SOC-1 multi-sector property reviews. NAV calculations, NANI, Investor letters, Owner Contributions/Distributions, DRIPs, Yardi, JVs, wholly owned, Fair Value Acctg., etc. Recommended spreadsheet software enhancement for the Americas region to improve and accelerate performance reporting while addressing nationwide staffing shortages. Spreadsheet server software was implemented for this Fund as a pilot with an anticipated regional rollout.

The Organization’s Mission focuses on the following:To educate, advise & support Children, Parents & Caregivers regarding Child Sexual Abuse (CSA) recognition, prevention, protection, rehabilitation, and even “Break The Chain” (End the Cycle of Abuse), whereby some victims become the next generation of child molesters. To reach children and parents earlier in life to prevent abuses from occurring & minimize & stop ongoing abuses in process. To utilize (future) Mission resources such as Children books, Parent books, Speaking Engagements, Educational Seminars, Webinars, Affiliations, Partnerships, Websites & Other Social Media to raise Awareness of CSA.WON'T YOU BE THE CHANGE AND DONATE/ SPONSOR TO HELP END CHILD SEXUAL ABUSE? PLEASE CLICK MEDIA BELOW TO DONATE OR LEARN MORE ABOUT OUR CAUSE ! THANK YOU!

Minneapolis, Mn, Us

(2) Executive augmentation roles as executive accountant/ Controller for Corporate & (3) Affiliates/ Business Units. Support COO/ VP/ Owner via Operations, Analysis, Financial Statement Review and Reconciliations, Intercompany, ST-1/ ST-556/ InterState Sales Tax. Cleanup/ Catchup/ Revise current financials by adding visual transparency to F/S with subaccounts, integrate software/ ERP systems, automate processes, recommend revised policies/ procedures between affiliate companies for improved controls.

Executive staff augmentation role as North America (NA) Finance Director with financial oversight over US, Canadian and Mexican operations. Global interaction with Parent/Corporate BU Controllers and Executives, along with Americas Regional Finance Director in Brazil. Global HR/ Board Project involving Forensic Accounting.Full Financial and Operational Management of the US Financial Statements. Support NA Managing Director via budgeting, forecasting, Cognos reporting, Intercompany CoProcess Settlement System, operational, ERP & Process enhancements/ automation. Team Management, IFRS, Foreign Exchange, etc.Corporate Culture Change Agent – Proactive, Open Door/ Team Oriented Inclusive Approach to Company Operations Identified “Parking Lot” of Compliance/ Tax/ Audit & Financial Risk Special ProjectsClient: (Private Equity (PE) Backed: Corporate Parent $250M+ Global Health Care Manufacturer/ Distributor)Senior augmentation role performing accounting for Corporate & (4-6) Subsidiaries/ Business Units. Support Execs via Analysis, Monthly Close, Financial Statement Review and Reconciliations, Intercompany, FX, Sales/ Use Tax (SUT), Liaise with Vertex SUT, Business Personal Property Tax/ Fixed Asset Returns, etc. IFS Enterprise 8 Manufacturing ERP. PP Tax reductions thru operational analysis of idle assets and dispositions not removed from the books. Assist IT with SUT setup of acquired subsidiaries between Corporate IFS and Vertex.

See RESCU Properties below. Full Property Project Management from Acquisition to Disposition. General Contracted rehabilitation of bank owned REO/ SS properties acquired for investment. Gut and cosmetic rehabs including supervision/ project management of subcontractors.

Chicago, Illinois, Us

Fund Accounting. Investment Management. Alternative Real Estate Investments - Mortgage/ Note Servicing, Non-Performing & Performing; REO Assets: Rentals: DevelopmentExecutive accountant responsible for the full accounting of diversified real estate operations for several legal entities and partnerships . Supervise Accounting team; transact all banking/ insurance/ financing activity. Interact with JV Capital funds (Javlin and Walton Street Capital), outside mortgage servicers and the Operations team regarding NPL/ NPN activity. Report results utilizing multi-tiered waterfall calculations for Preferred & Subordinated Equity/ Debt/ Residual Splits & Mgmt Fees. Prepare partnership financials, manage construction/ development accounting (construction draws, sworn statements & lien waivers) with General Contractor/Owner, coordinate sale process of commercial multifamily

Senior accountant responsible for book and tax accounting for multi state Farmland/ Vacant land/ Development Builder lots, residential homes and out buildings held for rental income and capital investment. Oversight of commercial real estate (office buildings/ retail/ mixed use) and associated 1031 exchanges . Liaise with Tax Accounting firm, insurance brokers, investor partners

Seasoned Investor & Portfolio Manager of IL Residential and Commercial Multifamily and Mixed Use Real Estate. Former CFO/ COO of $15M Chicagoland 40 Property Mixed Use/ Multifamily Portfolio.10+ yrs portfolio/ property management of personal 50 unit real estate portfolio. 10+ yrs in senior accounting executive roles of CFO, Director of Accounting, Controller. 20+ yrs total accounting experience.

Multi deal Joint Venture with Private Investor as Operations "Partner" coordinating acquisitions/ negotiations/ rehab through lease up of bank owned properties in Northwest IL suburbs. Upon completion of property rehab, all properties appraised at much higher values for traditional bank refinancing further allowing Money Investor/ "Partner" to recoup a majority of project's invested capital.

Successfully executed CEO’s directives involving the Company’s financial and operational performance. Responsible for full back office departmental operations. Interfaced with Construction Director regarding field operation performance and project development. Secured Operating Lines of Credit, Acquisition, Refinance & Construction Financing with bank executives and Private Money Investors (PMI/HNWI); property managed $15M portfolio in Chicagoland comprised of 40 mixed use and multifamily properties housing both publicly traded & private “triple-net” commercial tenants; collaborated with strategic partners in relation to the Company’s legal, financial, tax and operational concerns; supervised and directed in house team to meet Company objectives. Full property accounting including tenant CAM/ insurance/ real estate tax reconciliations

Led change of control disposition (sale) efforts for the Accounting, Legal and Finance areas to address prospective acquirer companies' due diligence requests. Two suitors were found that would have led to the successful sale of Newins Retail Agency. Developed restructuring plan with other executives that consolidated Agency back office operations within underwriting sister company that saved $3.5mm in expenses in the first transition year by moving to direct write/ direct bill model. Savings provided the required cashflow to meet company’s bank loan covenants. Implemented procedural and logistical modifications within the back office & field operations for improved workflows & more current financial statement reporting.

Logistics/ Distribution - Served as Sr. Financial Analyst in a staff augmentation role. Modified Client’s five-year Strategic Plan model utilizing Hyperion Enterprise/ Retrieve. Developed and coordinated process steps related to the upload of Client’s recent asset acquisition into PeopleSoft’s Fixed Asset Subledger, adhering to US GAAP, internal parent & subsidiary concerns (valuations, tax, PeopleSoft F/A hierarchy, etc.). Month end close modeling, reporting and analysis. Insurance - Project scope involved complex account reconciliations for multiple years for Workers’ Compensation Billing Unit. Testing of computer based business processes of integrated & non-integrated systems; review, analysis & documentation of business process logic. Selected to work on Phase II team.

Us

Promoted to role after multi company acquisitions. Similar responsibilities as Controller below at Orval Kent, except Company quadrupled in size to $600M, and now included M&A analysis, Integration, Centralized Accounting, Standardization, Shared Services, Systems Integration and additional Staff Supervision.

Promoted to Director of Accounting Chef Solutions post acquisition (above). Overall Corporate Accounting Responsibility - Treasury/ Cash Management, Fixed Assets, Financial Close, Reporting & Analysis, Accts Payable, Accts Receivable, Intra/ Intercompany.

Managed accounting team for Treasury, Fixed Assets, Financial Reporting, Payroll, Human Resources & A/P. Financial statement production, reporting and analysis, providing detailed discussion of budget variances and cost cutting alternatives. Coordinated external annual audit.

Itasca, Il, Us

Monitored, reviewed and analyzed all activities associated with $69mm in warehouse inventory. Dissected and reported cost of sales and buy-in results for procurement group. Budget consultant to several Human Resource Directors and Vice-Presidents. Prepared periodic cash projections to Parent Company. Managed 21 personnel who handled both the audit and cash management functions associated with 193 stores; managed seven accounting clerks and four warehouse auditors in inventory accounting.

Bs, Accountancy

College/University Preparatory And Advanced High School/Secondary Diploma Program