Ted Gustafson has over 20 years of accounting and full charge bookkeeping experience....
Ted Gustafson Senior Accountant - Accounting Manager Contact Info: 253-961-3066
[email protected] Areas of Practice General Accounting Account Analysis & Reconciliation Accounts Payable & Receivable Accruals Adjust Journal Entries Bank Reconciliations Billing Budgets Cash Forecasting Consolidations Depreciation Schedules Expense Reporting Financial Consolidations Financial Reconciliations Financial Reporting Financial Statement Preparation Proformas General Ledger General Ledger Reconciliation Internal Auditing Journal Entries Job Costing Month End & Year End Close Policies & Procedures Project Accounting Trial Balance Variance Analysis Payroll – Under 75 Employees Payroll Taxes Sales and Use Tax
Professional Experience
Principal Areas of Practice Accounting Profession with extensive experience in compiling data into the General Ledger and preparing Financial statements. Job Cost experience with working with construction contractors, lending institutions, budgets and proformas. Experience in opening lines of communication with external parties for business purposes
Accountant experience (Wallace Properties, Pillar Properties, Egis Real Estate, Harry A Green, Davenport Inc, Contract positions thru Roberthalf, Volt, Express Personnel)
Industry Experience Property Management Insurance Services Retail Construction Non – Profit Start-Up
Computer Applications Yardi Real Estate Software Voyager Enterprise Genisis QuickBooks Pro QuickBooks On-Line Priority Timberline (Sage) MRI Property Boss Property Ware Intuit Various Payroll Applications Sharepoint Microsoft Office Excel Word PowerPoint
Education Associates Degree in Accounting Eastern Washington University
Over 20 years of accounting and full charge bookkeeping Cash and accrual basis of accounting Knowledge of Generally Accepted Accounting Principles (GAAP) Detail oriented with excellent organizational skills Skills in problem solving and team building Self-starter with ability to work independently or on a team
Produced financial statements for Owners/Clients/Management to review Reconciled balance sheet sub ledgers, fixed assets, with G/L accounts Reconciled monthly bank statements and maintained outstanding check files Recorded accrual, payroll, depreciation and other monthly journal entries Completed and filed city and state sales tax forms Reconciled to all customer and vendor invoices, bank and credit account statements, payroll records and adjusting entries Setup additional companies under one LLC to track separate divisions – property management/maintenance/construction management/development/engineering/human resources/general overhead – several intercompany adjustments to track shared expenses, overhead Prepared independent financial statements for each division Prepared consolidated financial statements rolling all divisions into the one parent company Closed out Year End Activities & produced cash and accrual trial balance/ financial statements for owners and CPA’s for tax preparation Set up project contracts, purchase orders, customers, vendors, banking information, charge codes, labor codes, budgets, estimates, fixed asset schedules and general ledger accounts in accounting systems Set up employees, assigned labor codes, project, overhead and G & A charge codes and timesheet parameters in accounting and payroll systems Entered AP, AR, change orders, schedules of values, adjustments and cash receipts Implemented new software for three separate companies Processed enter-company adjusting entries and reconciled enter-company accounts with general ledger & financial statements Analyze the articles of incorporation, operating agreements and owners’ needs to set up the accounting systems and administrative procedures for LLC’s. Worked with Partherships, CPA Firms, IRS, State Agencies on multiple audits
Job Cost Experience (Pillar/Merrill Gardens, Egis Real Estate, Harry A Green)
Prepared work in process and job cost reports, Completed and filed city and state sales tax reports Filed corporate reports - Handled pre-liens and lien waivers Calculated and maintained daily bank reconciliation Maintained all development & cost spreadsheets - Paid vendor and subcontractor invoices Responsible for tracking all construction draws Assisted project managers with monthly progress and retention billings, change orders and estimate adjustments Maintain & develop excellent banking relationships Work with Construction companies to ensure all records are maintained properly Perform annual audits with construction companies Prepare project budgets with construction team Analysis of draws to maintain compliance with all budgets & Loan Documents Track all project costs starting with initial development, purchase & Sale Agreement Work with CFO & Legal to acquire new loans for construction projects & get permanent financing to take out construction loans
Ted Gustafson Senior Accountant - Accounting Manager Contact Info: 253-961-3066
[email protected] Areas of Practice General Accounting Account Analysis & Reconciliation Accounts Payable & Receivable Accruals Adjust Journal Entries Bank Reconciliations Billing Budgets Cash Forecasting Consolidations Depreciation Schedules Expense Reporting Financial Consolidations Financial Reconciliations Financial Reporting Financial Statement Preparation Proformas General Ledger General Ledger Reconciliation Internal Auditing Journal Entries Job Costing Month End & Year End Close Policies & Procedures Project Accounting Trial Balance Variance Analysis Payroll – Under 75 Employees Payroll Taxes Sales and Use Tax Industry Experience Property Management Insurance Services Retail Construction Non – Profit Start-Up
Major Accomplishments
Eliminated a $2.8 million dollar liability by developing a new residency agreement for a Senior Housing Development where the residents would get a larger portion of their buy-in at time of sale versus smaller amount with-in 30 days. (Harry A Green & Assoc.)
As project manager/Accountant for two storage facilities increased value of projects $1 million dollars by installing perimeter fence, cameras, new entry controlled gate system, new point of sale software, and alarms on all units. This resulted in owners being able to refinance and pull out $500,000.00. (Davenport Inc.)
Worked with a team of Forensic Accountants to rebuild a 3 year General Ledger, subsidiary accounts, bank reconcilations, at the end we had reconciled and balanced financial statements for 157 LLC’s which was then presented to a outside CPA Firm to do a three year audit for Partnerships involved with Issaquah Highlands Community Associations. (Volt – Issaquah Highlands Community Association)
Prior Background WALLACE PROPERTIES
PILLAR PROPERTIES Parent Company: R D Merrill Inc.
Education Associates Degree in Accounting Eastern Washington University
Sept 2013 – Jan 2015
Job Cost Accountant / Senior Accountant Projects averaged $55 million
Contract Positions thru: Accountemps, Express Personnel, Office Team Jan 2013 - - August 2013 RAINIER PACIFIC PROPERTIES November 2010 – July 2012 ACCOUNTING MANAGER / OFFICE MANAGER Gross Income – $5 million VOLT WORKFORCE
Computer Applications Yardi Real Estate Software Voyager Enterprise Genisis QuickBooks Pro QuickBooks On-Line Priority Timberline (Sage) MRI Property Boss Property Ware Intuit Various Payroll Applications Sharepoint Microsoft Office Excel Word PowerPoint
Contract Position – Jan 2015
Thru Robert Half International - Accountemps Senior Accountant – Help integrate new Property Management Software, train employees to ensure proper setup. Over 200 properties
July 2010 - December 2010
Contracted as Senior Accountant to Issaquah Community Association – Internal Auditing
EGIS REAL ESTATE July 2006 – March 2010 CONTROLLER – Egis Real Estate Services was a company with divisions in Property Management, Facilities Management, Construction Management, Engineering and Development. Gross Income - $7 million
APT SOLUTIONS OFFICE MANAGER/ACCOUNTANT
December 2003 – June 2006
HARRY A. GREEN AND ASSOCIATES INC, January 2000 - April 2003 CONTROLLER Real Estate Development Company – Projects up to $18million DAVENPORT INC, February 1992 - September 1999 MANAGER / FULL CHARGE BOOKKEEPER PROPERTY MANAGER Gross Income - $5 million
