Paula Florence Email & Phone Number

San Francisco, California, United States

Oversee accounting, financial reporting, internal and external audits, and year-end analytics for 25+ City departments, Component Units, divisions and programs under the City Administrator, including the Treasure Island Development Authority, Real Estate, Medical Examiner, Animal Care & Control, Fleet Management, and Risk Management. Lead team of 15 professional in providing excellent customer service and exceptional performance in executing assigned tasks. Responsible for accounting operations, including purchasing, accounts payable, fixed assets, debt, grants, and billing for internal services. Write and implement policies and procedures and identify opportunities for process improvements. Ensure transactions are recorded and expended in accordance with GAAP, GASB, Federal, State, and other regulatory requirements.

San Francisco, California, United States

Supervised 25 accountants performing accounting transactions, analysis and reporting for capital projects & grants. Worked with Project Managers to monitor construction contracts and project budgets. Managed OMB A-133 Single Audit of $350 million in federal grant expenditures and 11 other Federal, State and Local compliance audits for $200 million. Served as technical resource on grants and financial reporting. Wrote and implemented policies and procedures to maintain a superior system of internal controls and effective operations.Directed preparation of financial and grant compliance reports for the Bond Oversight Committee. Ensured grants, revenue and general obligation bond proceeds were spent in compliance with issuing documents and federal regulations, and in accordance with GAAP and GASB Standards.Prepared, implemented, and maintained annual Cost Allocation Plans in compliance with 2 CFR 225 (OMB Circular A-87)

San Francisco

Directed financial reporting and accounting for a large City department comprising 3 Enterprise Funds: Water ($248 million); Wastewater ($248 million); and Hetch Hetchy Power ($131 million). Managed financial audits; OMB A-133 Single Audit for grants, and compliance audit for the Suburban Customers Master Water Sales Agreement. Ensured compliance with GAAP and GASB Standards. Wrote and implemented policies and procedures.Supervised 36 accountants in Capital Projects, Fixed Assets and Accounting Operations sections. Supervised quarterly review of construction in progress; capitalization of fixed assets; processing purchase orders and cash disbursements; construction contract payments; internal billings; and reconciling revenue and cash receipts.

Silverdale, Washington, United States

Directed a staff of 18 in Accounting Operations, Budget & Financial Reporting, Construction Accounting, and Information Technology sections. Prepared annual financial statements, notes and schedules for external audit reports in accordance with applicable GASB, FASB, and GAAP requirements, including 12 Low-Income Housing Tax Credit Partnerships and special purpose reports for HUD and USDA Rural Development. Developed. Wrote, implemented, and maintained financial policies, including Cost Allocation Plan pursuant to 2 CFR 225 (OMB Circular A-87). Prepared annual $100 million annual operating and capital budget. Actively engaged management team to improve planning, set goals, and create greater accountability. Received GFOA budget award for multiple years.Worked with Bond Counsel, Financial Advisors, Banks and Underwriters structuring and preparing revenue bond issues. Responsible for arbitrage rebate and debt service coverage calculations, compliance with bond and loan covenants, and transfer of funds to trustee and fiscal agent for debt service. With development team, prepared budgets, evaluated financing proposals, and monitored costs, from pre-development though construction and occupancy of residential and commercial real estate projects. Reviewed financial plans in structuring Low-Income Housing and New Markets Tax Credit equity partnerships using financial models. Responsible for subsequent reporting and compliance requirements.

Tacoma, Washington, United States

Managed tax department. Wrote and implemented operations and training manual. Prepared tax returns for Partnerships, Corporations, Trusts, and related Individuals. Identified and researched tax issues, resolved issues with taxing authorities and maximized tax savings for privately owned businesses with $2 to $50 million in revenue.Provided Audit and financial reporting services for clients in manufacturing, wholesaling, construction, and real estate industries. Assisted clients in preparing operating and capital budgets to manage cash flows and financing.

Ms, Taxation

Bs, Business Administration