Patrick Rafferty Email & Phone Number

Medina, Oh, Us

Boston, Ma, Us

Independence, Ohio, Us

Independence, Ohio, Us

Richmond Heights, Oh, Us

• Research and interpret project escrow reserve agreements to maximize the reimbursement of allowable project cash flow disbursements.• Research and renew project HAP contract renewals and determine the maximum permissible rent increase. Work with upper management to compile additional information to justify budget based rent increases.• Audit the monthly billing of subsidized rents to HUD to ensure compliance with affordable housing regulations. Research and communicate resolutions with contract agents to ensure timely receipt of subsidized funds.• Operations liaison with accounting department to ensure the reliability and integrity of project financial data.

Richmond Heights, Oh, Us

• Research and interpret project escrow reserve agreements to maximize the reimbursement of allowable project cash flow disbursements.• Research and renew project HAP contract renewals and determine the maximum permissible rent increase. Work with upper management to compile additional information to justify budget based rent increases.• Audit the monthly billing of subsidized rents to HUD to ensure compliance with affordable housing regulations. Research and communicate resolutions with contract agents to ensure timely receipt of subsidized funds.• Operations liaison with accounting department to ensure the reliability and integrity of project financial data.

Richmond Heights, Oh, Us

• Worked with my CFO to develop a water & sewer analysis report utilized by upper management to detect leaks through consumption analysis. The report increased the efficiency in detecting and fixing water leaks resulting in substantial savings since its inception in June 2010.• Prepare, analyze & communicate audited financial statements prepared in accordance with generally accepted accounting principles with upper management and operations managers. Timely preparation and communication of the positive and negative monthly trends help support operations to maximize operational efficiencies as well as recommending resolutions to unfavorable trends. • Created a capital expenditure actual to budget variance report utilized by operations managers to understand unfavorable cash positions associated with favorable monthly operating statements on a property by property basis.• Established relationship with a gas and electric broker and negotiated more favorable rates for multiple properties. I was able to accomplish this by consolidating the consumption used at each property to increase the total volume to be marketed to regional utility companies. This helped to strengthen our position to obtain more favorable rates.

• Analyzed and prepared 15 syndicated apartment complexes and 7 construction development financial statements each month with year end audited statements.• Analyzed and prepared monthly financial statements for a newly acquired golf course in Delaware, OH. Also, served as the backup information systems analyst.• Researched and implemented new Ohio Sales & Use Tax Rules over all business aspects for the golf course and prepared the monthly and quarterly state returns.• Managed and recorded monthly accruals for all mortgage, insurance and depreciation schedules for over 50 entities. Also, updated all fixed assets schedules on over 40 entities.• Created purchase orders on all new construction and building improvement projects and communicated with subcontractors to ensure prompt payment for the work performed.

New York, Ny, Us

• Analyzed and prepared weekly and month end financial reports for the Insurance and Tax recoverable and expense accounts that were in compliance with standards set by GAAD.• Evaluated and enhanced the validity of information contained in all reports to reflect the true efforts that occurred during each business cycle.• Implemented ideas that streamlined processes in order to make business functions operate as efficiently as possible.• Prepared financial monthly management report for both Prime and Subprime Tax and Insurance accounts for investor reporting.• Created reports for special projects that were utilized by upper management to analyze inefficiencies in order to improve business processes.• Responsible for creating Quality Control’s that had incentive plans attached to each business function within the tax department.

• Analyzed, reclassified and prepared financial statements for individuals and corporations.• Reconciled bank statements, adjusted and updated money market, securities accounts & mortgages.• Accounts payable.• Worked in an intense, fast paced environment requiring the ability to multitask in order to handle multiple high profile clients’ business management matters.

Bachelor Of Business Administration, Accounting

Business