Lauren Eady
Atascadero,CA
Summary
Dynamic Director of Accounting and Controller with over 20 years of experience driving business growth and achieving operational excellence. Expertise in leading cross-functional teams and implementing innovative strategies that enhance efficiency and profitability. Proven track record in managing complex projects while optimizing financial performance through analytical problem-solving and strategic decision-making. Committed to fostering a culture of continuous improvement and delivering impactful results in fast-paced environments.
Overview
22
22
years of professional experience
Work History
Assistant Vice President – Construction Accounting
National Community Renaissance
03.2020 - Current
- - Prepared and managed Financial Statements for 100+ Development LLCs and construction projects with heavy partnership and investor accounting. Generating over $150-200 Million in Sales annually, over $500 Million in committed contracts and construction loans a year.
- - Created & Implemented Cashflow and 3 Year business plan for a more data-driven decision-making processes, leading to more informed strategic choices and improved overall company performance. Financial Planning, budgets, forecasts, cashflow projections, and yearly business plan budgeting for multiple departments reporting directly to CFO, VP Executives, Banks, Partners and Investors.
- - Job Costing for 100+ entities maintaining & implementing cost controls for project contracts, budgets, commitments and payments for both Non-for-Profit, Partner & Private entities.
- - Managed the Draw process, monthly percentage of completion & final Draws for 20+ projects under construction, AIA Application for Payment for all Construction Loans with multiple Banks, State, County, and City Loans & Grant funding.
- - Strong knowledge of Operating, Limited Partnership and Regulatory Agreements and their application to operations and financial reporting requirements.
- - Department Lead for the Construction Accounting department managing a team of 12-15 project accountants, managers and accounts payable clerks.
Controller
Diversified Pacific Communities
01.2018 - 03.2020
- - Prepared and managed Financial Statements for 10 Residential Homebuilding Communities with 121 closings in 2018. Financial reporting on 50+ Land/Real Estate for Sale Companies with heavy partnership and financial investing accounting
- - Created cashflow and business plan for a 3 year outlook to better plan for decisions on new projects, hiring, and to provide better understanding of overall operations & goals. Financial Forecasts, Cash Flow projections, and Business Plan budgeting based off of monthly Project Proformas and Cash Flows
- - Great relationships with Banks and Independent Construction Lenders establishing Construction Loans for direct and indirect costs. Was able to generate Millions in Cash Flows in 2018 by using Stand Alone - Phase Loans which generate cash flows through out phases not deferred til end of projects with private land lender
- - All payroll operations, State & Federal tax requirements, reporting and audits. Worker’s Compensation requirements, reporting, audits and filing. Department of Business Oversight for Investing activities reporting
CFO/Controller
GHA Companies
05.2016 - 01.2018
- - Prepared Financial Statements and Joint Venture reporting for a Residential Homebuilder with 5 active communities with 100 closings in 2017. Managed and reported financials to owners, investors, banks and CPA tax accountant.
- - Processed office payroll, Federal & State quarterly tax reporting and filings. Managed an office staff of 10 employees.
- - Financial Proformas for current and upcoming projects, capital budget analysis, project feasibility reports, job cost budget variance reports and analysis
- - Prepared and managed all construction loans with banks, draw submittals & requests, AIA Application for Payment and cash requirements for Subcontractor & Supplier payments
- - Coordinated with both title & escrow companies along with sales agents to ensure and audit all escrow settlements statements, sales contracts, management fees, commissions and required closing documentation and disclosures
Controller
United Production Framing
01.2014 - 04.2016
- - Manage all Accounting, Financial, Federal & State tax reporting and filing for a Residential Framing Sub-Contractor working with 15 Homebuilders
- - Financial statements, job costing, accounting journal entries, month end close and reporting, oversee accounts receivables collections, manage all accounts payables and outgoing wires, bank deposits and bank reconciliations.
- - Heavy cash management due to Sub-Contractor and Supplier Mechanic Lien laws and relationship. Handling sub-contractor’s contracts and supplier payments thru joint checks or direct payment.
- - Oversee payroll operations; paying an average of 600-650 constructions employees weekly, State & Federal tax requirements, reporting and audits. Along with Worker’s Compensation, general liability and insurance requirements.
Controller
Cameo Employment Services, Inc.
02.2012 - 01.2014
- - Manage all accounting, financial & tax reporting and filing for a small temporary and permanent placement staffing employment agency with 60 clients and 300-400 employees.
- - Started with Cameo in Feb. 2012 and their books were over a year behind due to illness of last accountant. Reconciled all 2011 reporting, and financial statements in time to file 2011 Federal & State taxes by April 15, 2012.
- - Provided financial statements and all business profitability analysis to broker in timely manner for owner to sell company with a sizable profit.
Assistant Controller
K Hovnanian Companies
08.2008 - 10.2010
- - Managed a $200-500 million Homebuilder’s Southern Californian division’s financial statements, revenue program forecasting, operations, accounting close and reporting.
- - Corporate reporting for business plan, budgeting, forecasting, expenses, P&L reports, fixed assets for division for companywide consolidation. Worked with 15 project managers to develop monthly & annual expense plan goals and budgets
- - Lead contact for External & Internal audits and auditing policies & procedures.
- - Supervised accounting team, and reported to Controller & CFO
- - Collected $5 Million in receivables from City from non-routine, complex CFD variances on balance sheet due to company downsizing & divisional mergers
Senior Accountant
Empire Companies/Prestige Homes
06.2007 - 07.2008
- - Residential & Commercial construction accounting
- - Prepared, reviewed & analyzed monthly financial statements, P&L reports, cost allocations, Job cost, Profit revenue recognition and true-up journal entries
- - Managed accounting operations, month end close, accounting reporting and budgets
- - Bank deposits, cash receipts, recorded vouchers and bank reconciliations for over 100 bank accounts
Joint Venture Project Accountant
John Laing Homes
07.2005 - 05.2007
- - Prepared, reviewed, analyzed Financial statements for 7-10 residential communities to corporate and the joint venture partners
- - Job Cost, profit revenue recognition, project budgets & change orders, P&L analysis, budget variance reports and R&R schedules
- - Reviewed & Approved loan draws, accounts payable registers, vouchers to ensure proper coding, lien releases and cash requirements for monthly construction loan draws
- - Successfully submitted & collected a $2 Mil reimbursement from the City just in time for Joint Venture IRR payment prior to partnership dissolution and community close out
Assistant Controller
Marriott Hotel
11.2003 - 07.2005
- - Managed accounts payable and the night audit team.
- - Sales tax exempt reporting & filing.
- - During employment maintained accounts receivables at 90-95% current & 30 days outstanding from 65% prior to my employment
Education
Bachelor of Science - Business Administration- Accounting Concentration, Finance Minor
California State University-San Bernardino
San Bernardino, California01.2004
Skills
- Financial statements & reporting
- Strategic Business Planning
- Financial Proformas and Budgets
- Job Cost accounting
- Auditing methodology
- GAAP principles & understanding
- Audit and Tax accounting
- Cost Benefit Analysis (CBAs)
- Advanced in Microsoft Office suite with advanced skills in Excel
- Reports generation and analysis
- Process implementation
- Strong verbal communication
- Conflict & issue resolution skills
- Problem solver
- Quick learner
- Extremely organized
- Team leader and team player
- Organizational development
- Recruiting and hiring
- Risk management processes and analysis
Timeline
Assistant Vice President – Construction Accounting
National Community Renaissance
03.2020 - Current
Controller
Diversified Pacific Communities
01.2018 - 03.2020
CFO/Controller
GHA Companies
05.2016 - 01.2018
Controller
United Production Framing
01.2014 - 04.2016
Controller
Cameo Employment Services, Inc.
02.2012 - 01.2014
Assistant Controller
K Hovnanian Companies
08.2008 - 10.2010
Senior Accountant
Empire Companies/Prestige Homes
06.2007 - 07.2008
Joint Venture Project Accountant
John Laing Homes
07.2005 - 05.2007
Assistant Controller
Marriott Hotel
11.2003 - 07.2005
Bachelor of Science - Business Administration- Accounting Concentration, Finance Minor
California State University-San Bernardino
Similar Profiles
Piya DevidasaniPiya Devidasani
Social Media Marketing Intern at National Community RenaissanceSocial Media Marketing Intern at National Community Renaissance
Victor VelasquezVictor Velasquez
Residential Service Technician at National Community RenaissanceResidential Service Technician at National Community Renaissance
Eric CobarrubioEric Cobarrubio
Site Safety Manager at National Community Renaissance of CaliforniaSite Safety Manager at National Community Renaissance of California
Asher AguedaAsher Agueda
Chiropractic Office Assistant at A Line ChiropracticChiropractic Office Assistant at A Line Chiropractic
Alondra EllerAlondra Eller
Registered Nurse at Atascadero State HospitalRegistered Nurse at Atascadero State Hospital