Stuart Rothstein Email & Phone Number

Execute the transition for all new properties, including third party managed properties.Prepare and analyze monthly financials for the property and corporate books.Cash analysis performed to make appropriate financial decisions.Supervise and train Staff Accountant and Accounts Payable.

Upgrade and maintain the books into GAAP Compliance by reviewing and making the appropriate adjustments to the correct General Ledger accounts, prepaid accounts and dealing with any potential GAAP issues.Developed a PowerPoint presentation that explained the financial results of the prior and current Fiscal Year.Prepare the monthly Financial Statements, reconcile the Bank Accounts and perform variance analysis from prior year to date.Maintain and update the Depreciation schedule including recording the Depreciation expense monthly and working with the external auditor to have the schedule ready for year end.Directed the collection and aging process for outstanding Accounts Receivable.Prepare the monthly Work-In-Process (WIP) report for review by the Controller, Administrator and Project Managers.Review and process the company payroll on a weekly basis.

Philadelphia, Us

Philadelphia, Us

• Continually working in upgrading and maintaining the property books into GAAP Compliance by resetting the Balance Sheet and addressing any potential GAAP issues.• Execute the monthly, quarterly and yearly sales tax filings for multi-state compliance.• Generate Balance Sheet and Income Statement Reconciliations.• Prepare and analyze monthly financials for up to sixteen of the company’s properties and the five sets of the corporate books. The sixteen properties (thirteen accrual & three cash).• Perform and execute the set up of new sales tax and utility accounts for new properties.• Execute payroll and 401 K for the company on a bi-weekly basis.• Train new staff in performing and executing the monthly close and reviewed their books at month end.• Facilitate in document preparation for external auditors for the year-end audit.• Review the post-audit adjusting entries and finalized year-end financial statements.

Trevose, Pa, Us

• Developed a more structured method to reconcile the company’s merchant account and helped resolved their long-standing issues with chargebacks and misapplied charges.• Resolved the company’s multiple compliance issues with prior multi-state tax filings.• Reduced the amount of time taken to close the month and implemented a new method of presenting the results to the CEO.• Execute the quarterly and yearly sales tax filings for multi-state compliance.• Generated Balance Sheet and Income Statement Reconciliations.• Maintained Depreciation, Amortization, Goodwill and Intangible Asset Schedules.• Examined and explained variances between budget, MTD and YTD on the Income Statement.• Prepared reports and explanations on Capital Expenditures and Operational Expenditures.• Directed the collection and aging process for outstanding Accounts Receivable. • Prepared Quarterly and Year End Commission Reports.• Reconcile the company’s four bank accounts on a monthly basis.

• Revised and improved the account layout in the General Ledger to create a more efficient review of the monthly and year to date financial performance.• Executed three successful bank audits that helped the company maintain their positive standing with their bank. • Decrease overall outstanding Accounts Receivable by 33% in the last year, including having delinquent accounts that were over 60 days past due consistently at 2-3% of total aging.• Managed the Accounts Payable and Accounts Receivable employees and responsible for their yearly evaluations.• Prepared the monthly and year end Income Statement and Balance Sheet. In addition, performed variance analysis as to why there were deviations from MTD and YTD.• Reconcile on a daily and monthly basis the inventory valuation and responsible for this value being reflected in the General Ledger.• Direct the collection and aging process for outstanding Accounts Receivable.• Maintained and updated the Depreciation Schedule and accounted for any disposed assets.• Facilitated in document preparation for external auditor, reviewed the post-audit adjusting entries and finalized year-end financial statements• Reconcile the company’s bank account on a monthly basis.

• Reduced outstanding Accounts Receivable by 50% in the first three months.• Coordinated and resolved the problems that were preventing the company from receiving timely payments and/or being able to perform the duties that could cost the company business.• Directed the collection and aging process for outstanding Accounts Receivable.• Reconciled the payments that were received on a daily basis against the company’s open Accounts Receivable.

• Reduced the number of outstanding payments owed from Medicare, Medicaid, vendors, and families resulting in an increase in revenue.• Improved the billing structure and resolved payment delays with the HMO’s increasing revenue.• Prepared monthly Profit & Loss Statements and Board Reports, for the Executive Director and the Treasurer on the Board of Administration. In addition, presented to the management team variances in each department’s budget and why the variance occurred.• 120 Bed Nursing Home that was separated into two wards (Assisted Living & Nursing)• Facilitated in document preparation for external auditors for the year-end audit.• Directed the collection and aging process for outstanding Accounts Receivable.• Managed the seven employees who worked in the Business Office and prepared their yearly evaluations. • Reconciled multiple accounts on a monthly basis.• Used QuickBooks to generate a Financial Reporting package.

• Provided detail and supporting documentation necessary for month end close in compliance with external auditors• Developed a more structured method of filing and payment of taxes, including responses with regard to IRS notification.• Improved yearly audits, resulting in minimal benign exceptions.• Prepared Financial Statements and Board Reports for the Coordinator of Benefits and the leader of the Carpenters Union with explanations as to why there were variances from MTD & YTD.• Facilitated in document preparation for external auditors for the year-end audit.• Reviewed the post-audit adjusting entries and finalized year-end financial statements. • Executed the monthly, quarterly, year-end tax filings for the Federal, State, City, and Use Tax.

Certificate In Forensic Accounting, Forensic Accounting

Bachelor Of Arts, Psychology

Master Of Business Administration (M.B.A.), Accounting