Jacob Ehrenpreis

• Company Overview: Multi-family apartment developer and concrete subcontractor for residential, commercial, and industrial projects
• Streamlined accounting processes through the utilization of estimates and classes
• Established budgets and forecasts for both individual projects and the company, which have not been done previously
• Reduced monthly close process by one week by ensuring all entries were entered and questions answered expeditiously
• Maintained and deepened relationships with accounting and banking partners
• Dialogued with multiple banks and lending institutions to facilitate 2 mortgage refinances, rollover of existing lines of credit; and lines of credit for new entities
• Assisted in preparation of 17 partnership tax returns
• Worked with outside accounting firms and management companies to ensure accurate partnership allocations, balance sheet reconciliations, and income recognition
• Streamlined tax return timeline, reduced preparation time by 15%, and increased accuracy
• Managed and directed accounting processes and procedures for both holding companies and concrete subcontractor business
• Established budgets and forecasts, for the company and individual projects
• Managed 2 in-house accountants and 4 remote staff who assisted with journal entries, cash flow, and reports
• Collaborated with operations to establish WIP, labor costs, and project reports which ensured accurate analysis of profitability and net cash flow
• Led the review of monthly report packages for 4 commercial and residential development projects to assess cash flow needs, budget variances, and profitability
• Conducted proforma analysis for development projects—both speculative (spec) and built projects—to assess expected net income and determine the need for capital calls
• Multi-family apartment developer and concrete subcontractor for residential, commercial, and industrial projects

• Company Overview: Boutique CPA firm servicing clientele in the New York/ New Jersey region
• Tax Return reviewer for corporate and partnership returns
• Reviewed and analyzed 125 partnership and corporate tax returns to ensure accurate application of business deductions, identified potential tax-saving opportunities, and confirmed compliance with relevant tax regulations
• Dialogued with partners to discuss complicated tax situations and multi-entity clientele
• Reviewed bookkeeper entries to verify accurate gross margin calculations and proper general ledger coding, to ensure alignment with accounting standards and financial reporting accuracy
• Boutique CPA firm servicing clientele in the New York/ New Jersey region

• Company Overview: Paper, packaging board, and laminates manufacturer and distributor, $350 million annual revenue
• Reduced month-close process by 3 days through process implementation and effective inter-department communication
• Ensured all accruals and prepaid entries were allocated properly
• Executed monthly financial preparation and accuracy for 7 manufacturing centers and 2 real estate entities
• Ensured smooth monthly financial close and accounting practices and procedures
• Lead liaison for annual financial audit with Citrin Cooperman; streamlined timeline reduced cost, and helped to ensure timely audit completion
• Implemented procedures and set up workflows to reduce month-end close process by 3 days
• Managed 2 staff accountants who assisted with journal entries, CAPEX depreciation, and budgets
• Responsible for financial review and budget analysis of 7 manufacturing branches and 2 real estate holding companies on monthly and quarterly basis
• Led biweekly cash flow and financial meetings with CFO and Controller; reviewed key financial ratios and identified corrective actions

• Company Overview: Real Estate Management Company, $250 million annual revenue
• Managed multi-family residential, mixed-use, commercial properties, and investment fund portfolios
• Responsible for year-end, quarterly, and monthly reporting; in a timely and accurate manner
• Communicated with outside auditors, banks, and investors to resolve questions and provide insights into portfolio performance
• Reviewed income and cash flow statements for individual units and the overall portfolio; analyzed negative variances, and posted adjusting journal entries and accruals

Company Overview: Nursing Home and Assisted Living Facility Operator | $120 Million Annual Revenue

• Managed cash flow and revenue/expenditure projections for 18 facilities
• Prepared financial reports and analyzed billings and vendor payments on a semi-weekly basis
• Implemented a streamlined cash flow template, reduced the time needed to assess cash position
• Monitored cash postings from 25 bank accounts to reconcile and enter adjusting journal entries
• Supervised 4 bookkeepers to ensure timely entry of invoices and proper allocation to the correct general ledger accounts
• Managed vendor relationships and payment schedules; ensured clear communication of payment timelines
• Released $7 million for vendors and salary weekly, after review of management approval and documentation

• Company Overview: General Contractor and Construction Manager, $3 million annual revenue
• Set up and utilized Sage 100 Contractor for preparation and reconciliation of financial and job reports
• Financial data reports used the percentage of completion to understand company health better
• Established a month-end close process; implemented strategic plans to address negative variances
• Consistent dialogue with Project Managers to understand project over/under billings and costs
• Controlled cash-flow management and enhancements
• Created and designed a 12-week cash-flow spreadsheet
• Arranged favorable credit terms with vendors and subcontractors to manage cash flow
• Increased bonding capabilities and finance amounts with surety companies
• Prepared AIA requisitions and submitted billings to clients timely

• Company Overview: HVAC Contractor and manufacturer, $20 million annual revenue
• Responsible for the management of Cost and Financial Accounting and Reporting
• Implementation of forecasting and budgeting goals to track the profitability of the company and its divisions
• Established systems to budget job cost and project overhead with a threshold greater than $100,000
• Supervised staff accountants to ensure that accounting entries were posted properly and accurately
• Assisted with outside auditor to prepare company and partners' tax return

Company Overview: International Property and Infrastructure Development, $16 billion annual revenue

• Project Accountant focused on Columbia University Manhattanville expansion, $500 million project
• Prepared monthly billings based on Work-In-Place and projected expenditures
• Analyzed project expenses to ensure accurate billing and coding
• Received over $100,000 from clients from denied applications after review of documents and contracts
• Ensured that general and sub-accounts were accurate and matched reported values

• Company Overview: General Contractor and building services, $100 million annual revenue
• Financial reports prepared monthly, and findings reviewed with principals of the company
• Utilized cost accounting methodology to address negative variances within projects
• Prepared accurate financial and profitability reports, managed internal and external bookkeepers

• Company Overview: Freight Forwarding and Import/Export Company, $40 million annual revenue
• Reconciled general ledger and bank accounts, ensured GAAP revenue rules were followed
• Analyzed revenue and expense trends, and prepared forecasts to assist owners in business decisions

Company Overview: Private E-commerce Company, $50 million annual revenue

• Reconciled 13 operating and 3 payroll bank accounts monthly
• Entered General ledger entries, such as month-end accruals, expenses, and payroll entries