JONAS AQUINO
Santa Clarita,CA
Summary
Experienced Controller with 25+ years of success in finance and accounting. Proven leadership in managing diverse teams to achieve success in competitive markets. Strong analytical and technical skills for effective analysis and reporting of business results. Expert in identifying deficiencies and opportunities, leading to innovative solutions that enhance competitiveness, revenues, and cash flows.
Overview
17
17
years of professional experience
Work History
Controller
Private firm
04.2018 - Current
- Oversee accounting department and assist in administrating Yardi
- Manages full-cycle accounting including preparation and analyses of financial statements, general ledgers, subsidiary ledgers, etc
- Prepare annual CAM estimates and bank reconciliation
- Liaison to multiple commercial lenders, outside CPA firm and investor
- Prepare/assist property budgets both residential and commercial
- Prepare month end and year end close
Senior Accountant- REIT Commercial and Residential Properties
CIM Group
05.2016 - 04.2018
- Company Overview: Consulting to permanent
- Manages full-cycle accounting including preparation and analysis of the financial statements, general ledgers, subsidiary ledgers, etc
- Accurately consolidate fund entities through analysis of complex ownership structures
- Prepares capital contribution and distributions, both at the fund level and joint venture/ co-investment and structures
- Prepares month end close, CAM reconciliation and CAM estimates
- Consulting to permanent
Accounting Manager-Commercial and Residential Properties
Elite Property Management Inc
08.2015 - 02.2016
- Company Overview: Consulting
- Responsible on commercial Lease activation, reviewed and analyzed commercial billing variance
- Coordinates Month End close and performs monthly closing activities including preparation and approval of journal entries
- Functions as a liaison with departmental managers to resolve spending queries and issues
- Responsible for the review and approval of general ledger account reconciliations
- Consulting
Controller
Jet Midwest Group
Los Angeles
03.2012 - 07.2015
- Company Overview: one of world’s fastest growing suppliers of commercial aircraft parts
- Reduced monthly closing by 4 days and annual closing including a completed review within 6 weeks of year-end
- Implemented collection policies and procedures and procured the correct staff to reduce days in Accounts Receivable by 71% and reducing bad debt by 45%
- Increased cash flow through management of accounts receivable and payable, taking advantage of all payment terms and reducing excessive spending thus contributing to the increase of cash and cash reserves from $1M to over $3M
- Developed internal audit functions for finance as well as other departments
- Write policies and procedures for finance department and other departments as necessary
- Implemented several software applications for the organization as well as the finance department
- One of world’s fastest growing suppliers of commercial aircraft parts
- Ensure processing of monthly and year-end financial statements including all month-end closing processes, reconciliations and analysis
- Supervise / train and mentor 3 direct and 4 indirect reports
- Monitor $40 Million inventory including dismantling of aircraft to be tagged for repair
- Facilitate and conduct finance committee meetings and record minutes
- Collaborate directly with CFO/COO to plan and compile annual budget information
- Ensure accuracy and analyze data of periodic sales and cost behavior
Senior Accountant- Portfolio 4,500 units- Multifamily units and mixed use assets
Crimson Property Management/ BCV Construction Management /Jet Midwest Inc.
10.2010 - 03.2012
- Company Overview: is a diversified real estate company with an aggressive commitment to the future of high-quality, investment grade real estate
- The firm has been involved in a variety of properties as a general partner for acquisition of residential, commercial and industrial properties
- Developed and maintained internal financial statements for presentation to Vice President of Operations
- Responsible for preparation and administration of annual budget, audit, and taxation
- Created Accounting Department by establishing policies, procedures and internal controls
- Is a diversified real estate company with an aggressive commitment to the future of high-quality, investment grade real estate
- The firm has been involved in a variety of properties as a general partner for acquisition of residential, commercial and industrial properties
Accounting Manager- Portfolio 3,100 units
Regional Investment and Management
Marina Del Rey, Ca
04.2008 - 10.2010
- Company Overview: Own and operate multi-family units in Texas, has extensive expertise in acquisition of distress assets, analyzing risks, opportunities and developing effective strategies to maximize asset value
- Identified problems regarding a/p issues and implemented PO systems
- Ensured that journal entries including accruals are correct, record GPR’s, write offs
- Reconciled bank accounts, Balance Sheet items and escrow accounts on a monthly basis, proposed loan drawdowns
- Real Estate due diligence on market and financial Analyses
- Own and operate multi-family units in Texas, has extensive expertise in acquisition of distress assets, analyzing risks, opportunities and developing effective strategies to maximize asset value
Education
Certificate Program - Real Estate
U.C.L.A Extension
B.S. Degree - Accounting
Colegio De San Juan De Letran
01.1991
Skills
- ERP software– Sage 100-MAS 90
- Quantum
- Yardi (Voyager 7s with Payscan and Construction module)
- Quickbooks Enterprise Solution
- AccPac
- Peachtree
- Epicor
- MS Office 2010- Excel (Macros, Pivot table, VLookup) and Word
- Turbo Tax-for business- LLC’s and Corporation
Specific Areas Of Experience
- CAM reconciliation
- Preparation of property budgets
- Cost segregation analysis
- Corporate tax preparation
- Inventory controls
- Cost/benefit analysis
- Systems conversion
- Supervise/mentor staff
- Audit lease abstract
- Economic analysis on pre-acquisition
- Commercial insurance-gen/liab/workers compensation
Professional Statement
Highly experienced Controller with more than 29 years of hands-on experience in finance and accounting environments who have demonstrated the ability to lead diverse teams of professionals to new levels of success utilizing a variety of highly effective resources to realize results in many competitive markets. Strong analytical and technical qualifications with a proven ability to successfully analyze and report an organization's critical business results and requirements, identify deficiencies and opportunities, develop innovative and cost-effective solutions for enhancing competitiveness, and increasing revenues and cash flows.
Timeline
Controller
Private firm
04.2018 - Current
Senior Accountant- REIT Commercial and Residential Properties
CIM Group
05.2016 - 04.2018
Accounting Manager-Commercial and Residential Properties
Elite Property Management Inc
08.2015 - 02.2016
Controller
Jet Midwest Group
03.2012 - 07.2015
Senior Accountant- Portfolio 4,500 units- Multifamily units and mixed use assets
Crimson Property Management/ BCV Construction Management /Jet Midwest Inc.
10.2010 - 03.2012
Accounting Manager- Portfolio 3,100 units
Regional Investment and Management
04.2008 - 10.2010
Certificate Program - Real Estate
U.C.L.A Extension
B.S. Degree - Accounting
Colegio De San Juan De Letran