Rudy Romano Mba Email & Phone Number

Las Vegas, Nv

10220 W. Charleston Blvd., Suite #3, Las Vegas, Nv 89135

Land, Commercial and Residential Real Estate.

10777 W. Twain Ave., #333, Las Vegas, Nv 89135

*Lead finance officer responsible for the creation of a new homebuilding company to compete in the entry-level and foreclosure market by partnering with distressed property owners and operating with a lower than market average corporate overhead. *Performs all due diligence regarding prospective land purchases and joint venture agreements. Including several master planned projects in Arizona and several mixed-use projects in Nevada.*Responsible for all company capital including the sourcing of new investment partners and securing new lines of credit.*Prepares and analyzes annual company operating budgets and provides feedback to the owner regarding company-wide departmental expenditures and performances.*Prepares and reviews all financial reporting for creditors, investors, and joint venture partners.*Monitors all cash flows and cash balances for a various number of entities and transfers funds accordingly to meet operational requirements.*Reviews all accounts payable and receivables; determining the probability of collections and negotiates payment terms when required when cash flow issues arise.*Responsible for the financial success of several ancillary businesses such as two local golf courses, an equipment rental and grading company, and several construction subcontractors.

*Instituted new cash flow procedures that resulted in a $130,000 reduction in previously required on-hand cash balances the first month after implementation.*Prepared, analyzed and formally presented the financial statements and draws for six of the company’s equity partnerships along with thirty of the company’s solely owned entities.*Established a reporting process to accurately track the balances of the numerous company loans, which totaled in excess of $500M.*Designed and implemented new accounts payable processes that reduced work-in-process $2.1M.*Implemented more efficient bank draw procedures that resulted in quicker turn around times from the lenders.*Improved financial reporting time to partners and lenders by integrating both the Las Vegas and Santa Monica corporate offices onto the same accounting software and network database.*Managed several different property management agreements ranging from private charter jets and hangers, to hotels and apartment rentals in various states, which included setting rates and negotiating lease terms.

*Performed all accounting, budgeting, forecasting, internal and external reporting, cash flow analysis, and management reporting for the division.*Implemented improved asset management tools that significantly reduced the division’s completed inventory that resulted in a 40% increase in RONA within three months of implementation.*Responsible for initiating and implementing cost saving measures to increase margins and reduce the division’s overhead expenses by $4M as compared to the division’s annual financial plan.*As Board of Director for nineteen homeowner associations, was able to reduce costs by $300,000 per year by negotiating subsidy agreements and implementing and administering more effective financial policies and controls between the division and the management companies.*Implemented new techniques to increase accounts payable turns from four weeks to two weeks and increase the weekly vendor pay run by $2M. This in turn, allowed the division to negotiate better contract pricing with its trade partners and significantly reduced legal and bond costs.*Regularly performed mini-audits by department to ensure that all policies and procedures were Sarbanes-Oxley compliant.*Initiated a best practices group in order to streamline processes and increase efficiency and accuracy in all departments.

*Responsible for creating and analyzing the financial models of potential land acquisitions. Projects have included strategic planning for the creations of single-family detached communities, condominium projects, master planned communities, and the creation of divisions in emerging markets.*Prepared quarterly forecasts and the annual financial plan. Monitored actual verses forecasted performance and advised upper management on variances and their causes.*Responsible for the accurate creation and maintenance of all land development budgets from acquisition through community close out.*Created and implemented new forecasting techniques that were more accurate and resulted in faster turn around times than previously implemented methods.*Created a production flow tool to aid in the forecasting of new communities that had resulted in a decrease in delays of new community openings and production gaps for on-going operations.*Developed an electronic cash flow tool that tracked and evaluated the impact of schedule and resource allocation changes.*Established a separate purchasing company for the Merchandising Department enabling it to operate as an independent entity for tax purposes. Created the department’s financial policies and procedures along with a database for forecasting, budgeting, and invoice processing.*As an active member of the division’s ISO 9000 team, created and implemented more efficient processes for the division that resulted in a reduction of overhead related expenses.*Developed and administered procedures and systems that were in compliance with GAAP and Sarbanes-Oxley to oversee all financial affairs for the Nevada area.*As risk manager, successfully implemented and managed the continued operations of the local record retention program.

*Oversaw all general ledger, job cost, inventory, receivables and accounts payable activities.*Responsible for the financial projections, reporting, and analysis of the Las Vegas division. Created projection tools that reduced the number of variances by 50%.*Responsible for the management of divisional and community budgets. Created a contract analysis tool that reduced cost of goods sold by 20% by enabling side-by-side cost comparisons of similar product offerings.*Automated a previously manual accounts payable process resulting in reduced overhead, increased accuracy, and increased payables turnover.

Master Of Business Administration, Finance

Earned MBA in Finance

Bachelor Of Science, Hotel, Restaurant, & Travel Administration (Finance Focus)

Graduated Cum Laude

Associate Degreee, Accounting

Graduated with honors

New York State Regents Diploma, New York State Regents Diploma

Activities and Societies: Honor Society.