Accounting / Finance Reorganization

PROBLEM

  • Builder’s accounting system and files were completely corrupt making them unusable and builder was unable to create any sort of financials for investment bankers or others.
  • Builder was in the middle of a nine-figure tax audit with the state due to structuring a joint venture inappropriately.

 

SOLUTION

  • I led the recovering of the core data and then led implementation of new enterprise-class accounting system.
  • Additionally, was part of team which restructured legal structures to be tax efficient (federal and state) while providing intelligent protection of stakeholders.
  • Had completely satisfactory resolution of nine-figure state tax audit.
  • We became one of largest private builders in the state being recognized both by the Puget Sound Business Journal and national media for growth – which happened in one of the worst real estate downturns of a generation.

 

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