PENNY LOZANO, CPA

(321) 403-1414 plfcpa@yahoo.com

CFO

VICE PRESIDENT

CORPORATE CONTROLLER

DIRECTOR

CPA

A highly experienced Financial and Operations Executive who has demonstrated the ability to lead and mentor diverse teams of professionals to new levels of success in a variety of highly competitive and fast-paced environments; strong technical, operational & business qualifications with an impressive track record of more than 20 years of hands-on experience; combines strategic/tactical financial expertise with strong qualifications in business development, operations and P&L management. Proven ability to successfully analyze an organizations critical business requirements, identify deficiencies and potential opportunities, and develop innovative and cost-effective solutions for enhancing competitiveness, increasing revenues, reducing costs and improving profitability; skilled in partnering finance with core operations and developing productive cross-enterprise alliances. Experience includes public accounting, construction, legal, automotive, hospitality (hotel & restaurant) and medical industry accounting. Develop & Implement Strategic & Operational Plans Financial Modeling/Planning & Risk Management (ST & LT) Real Estate, Property & Asset Management Revenue/Profit Optimization & Tax Planning Investor, Client & Banking Relations Public/Private Capital Markets & Equity Financing Capital Expenditure Analysis, Planning & Funding Contracting, Negotiating, Due Diligence & Project Mgmt Accounting (GAAP), Treasury & Human Resources Internal & External Audit Management (GAAS)

EDUCATION
Master of Business Administration (Entrepreneurship) * University of Central Florida Bachelors of Science * Business Administration * Computer Science & Management (minors) * University of SW Louisiana Certified Public Accountant (CPA) * Business Administration Honor Society * National Merit Academic Scholarship Anthony Robbins * UPW * Mastery University * Leadership Academy

PROFESSIONAL EXPERIENCE
Consultant/Certified Public Accountant, Penny Lozano, CPA (1/09, Present) Business Mgmt, Accounting, Compilations, Reviews, Taxes, Business Plans, raising venture capital, serving as an InterimCFO/COO/Controller, specialize in working with Start-ups & Turnarounds, Mergers & Acquisitions, Financial Planning & Analysis, Internal Control compliance/implementation, Policy & Procedure Manuals, software system conversions * Stillwater Construction and Real Estate * Capitol Area Business Solutions, LLC (Interim CFO) * Spanish Oaks Construction & Development / CCNG, Inc. * Penfields Business Centers (Interim CFO & VP of Operations) * * * * Creative Tonic (Consultant) Ideation (Consultant) Capitol Area Technology, LLC (Interim CFO) CLEAResult (M&A, 2013 Budget, FP&A)

Chief Financial Officer, Jupiter USA, Inc., Orlando, FL (11/07 12/08, layoffs due to industry & economy) Land developer with projects (commercial, residential and multi-use) throughout the United States; majority of capital obtained through large investor based program in Germany. Organization consists of 48 entities (C corps, S corps, LLCs and Ltds.); over $500 million in assets. Operational and programmatic support to the organization, supervising the finance unit and chief financial spokesperson for the organization; provide recommendations to executive mgmt based on financial analysis; right hand of the CEO/President Assists with all strategic and tactical matters as they relate to budget management, cost benefit analysis, forecasting needs and the securing of new funding from lending institutions (over $50m) and mezzanine financiers ($125m) Part of the executive team involved with land acquisitions, development, sales and project management Obtain private equity from German investor groups ($325m); maintained relations with financial advisors & trust attorneys Implemented/converted the cost, budget and financial accounting software from QuickBooks to Timberline Responsible for setup of all employee benefits (health, dental, vision, 401K, bonus program, holiday/vacation/sick time) Responsible for all accounting, treasury, lending, human resources and risk management responsibilities Responsible for accounting and managing over $500 million in assets Implemented internal controls and internal audit procedures which resulted in the discovery of fraudulent activities

VP, Regional Controller, Earthmark Companies & Mariners Club, Key Largo, FL (4/0611/07, layoffs due to industry & economy) High-end Resort Developer (condominiums, condo/hotel [whole and fractional unit sales], marinas, restaurants, spas, clubhouses, luxury amenities, single family housing& workforce housing); Florida Keys division consisted of 25 entities; over $250M in assets. Involved with land acquisitions, development and construction of resort properties and amenities Supervised Property Controller, Project Controllers, Campground Controller, Marina Controller and accounting staff Responsible for the hospitality operations, accounting, property mgmt, and collections (Rental Units, Restaurants, Marinas, Spas, Equity Clubs, Private Residence Clubs, Banquet/Meeting Facilities, Homeowners and Condominium Associations). Responsible for the development and construction accounting for the Florida Keys Division Responsible for the campground, restaurant, tiki bar, marina & working boat yard operations and accounting Project Management; responsible for all development, construction (percentage-of-completion) and operations accounting for the FL Keys Division; annual budgets, quarterly forecasts and monthly financial statement packages; compilation & presentation of Economic Models used to determine projects profitability & feasibility (i.e. acceptable IRR, absorption rates, required sales pricing, amenities, etc.); responsible for monthly performance analysis Review all AIA contracts and contractor application submittals and supervise draw process Ensure compliance with local, state, and federal taxes, regulations and reporting requirements Responsible for accounting and managing over $250 million in assets CFO/COO (Florida Region), Concord Wilshire Construction, Daytona Beach, FL (3/054/06, promotion required relocation to CA) Land Developer & General Contractor for commercial, ocean front condos, gated communities with single family housing Hired to assist with the startup of the Florida Division and construction company; involved in all negotiations, operations, development and implementation of policies, procedures and internal controls Purchased, installed and setup all hardware and software necessary to launch construction company Involved with land acquisitions, sales, development, construction and project management (including joint ventures) Corporate liaison with investors and partners; company representative in business dealings with third parties Secured all A&D financing, mezzanine financing and revolving lines of credit for Florida division Responsible for all accounting, treasury, human resources and risk management responsibilities Involved in company-wide operations, internal controls and policy & procedures Vice President, Corporate Controller, SeaGate Homes, Inc., Palm Coast, FL (2002 2005) Land Developer and Single Family housing construction; organization consisted of 12 entities; over $65 million in revenues Increased profits from $1.2M to $10M in less than 3yrs by implementation of internal controls, policy & procedures, pricing strategies, new development strategies, cost controls, rebate programs & contract negotiations with vendors & subcontractors Promoted to Vice President for significantly improving employee morale, operations and net profits Involved in strategic planning, pricing strategies, cash management, investment strategies, tax planning, filling personnel requirements, training and development of existing staff, policies and procedures and corporate culture Responsible for reviewing and signing all closing documents for home sales Issue monthly Controller's Report detailing financial and operational results of the month Compiled and implemented the Accounting Policies and Procedures manual Responsible for all accounting, treasury, lending, home closings and risk management responsibilities Responsible for gross revenues in excess of $65 million Division Controller, Lennar Homes, Inc., Rockledge, FL (2000 2002) National Home Builder

Responsible for monthly financial close, monthly projections, job costing, budget/cost analysis of homes, variance analysis/ explanations, payroll, accounts receivable, audits, corporate discussion points, land acquisition analysis, annual business plan, annual mission statement, reviewing & signing all sales contracts and closing documents Supervised accounting, accounts payable, general administration and sales contracts/closing department Involved with CDD projects, Homeowners Associations (budgets, financials, deficit funding & Board of Directors), Human Resources, Risk Management, Information Systems, Purchasing, Expediting, and Marketing Consistently won corporate contests for being within .5% of our monthly projections

Corporate Controller & Internal Audit Manager (acting Director), Planet Hollywood International, Inc., Orlando, FL (1999 2000) Restaurants and Retail Stores Corporate Controller: Responsible for all accounting functions; reorganization of corporate accounting department after bankruptcy; implementing new policy and procedures throughout corporate and restaurants Liaison between Price Waterhouse Coopers and finance department for corporate audits and Chapter 11 filings/reporting Responsible for all treasury and risk management responsibilities Implemented a cash management program that increased collections and profitability within two months Internal Audit Manager: Audit all wholly owned domestic and international restaurants, franchise restaurants and joint venture restaurants Responsible for writing and implementing new audit programs due to significant accounting policy and procedure changes throughout the corporation Responsible for writing and issuing audit reports to all executive staff members (i.e. VP of Operations, CFO, CEO, etc.), the Audit Committee and the Board of Directors Assigned special projects due to the significant changes occurring throughout the company, one of which saved the company a significant amount of money and received high remarks from Price Waterhouse Coopers; was later promoted to Corporate Controller by PWCs recommendation to CFO Assisted with the motions and schedules for the bankruptcy filing; liaison between PWC and finance department for corporate audits and Chapter 11 filings/reporting/compliance Accounting Manager, Smart Choice Automotive, Titusville, FL (1997 1999) Automotive Group

Responsible for Consolidated Financial Statements for the publicly traded company with annual revenues in excess of $150 million per year (6 subsidiaries and 26 automotive dealerships) SEC reporting and GAAP compliance Implemented disciplined accounting controls critical to complying with SEC requirements Aided in the financial aspects and Road Show presentations for Second Public Offering. Drafted/compiled corporate Accounting Policies and Procedures manual Set up, implemented and maintained the accounting policies and procedures for Dealer Insurance Services, Inc. and Easy Pay, Inc. (two insurance subsidiaries), accounts payable and payroll department (500+ employees) Coordinated and monitored all external audits Responsible for monitoring and updating covenant compliance for all debt and equity instruments Controller, Florida Finance Group, Inc., Titusville, FL (1997 1999) $115 million portfolio that provided financing for 26 new and used automobile dealerships Responsible for managerial reporting, including budget analysis, ratio analysis, debt analysis, performance analysis, budget vs. actual variance analysis, historical comparisons, industry comparisons, projections, and forecasting Improved the credit process, collections and reduced portfolio delinquency from 85% to 23% Corporate Controller, Sizzler, Melbourne, FL (1994 1997) Restaurant Chain (consisted of 7 restaurants/10 entities)

Responsible for gross revenues in excess of $65 million; right hand of President/Owner Implemented a company-wide reporting system that allowed financial information to be readily available daily Responsible for all accounting, treasury, human resources and risk management responsibilities Responsible for overseeing all state, federal and insurance audits CPA, Berman, Shapiro, Hopkins and Company, Merritt Island, FL (1991 1994) Public Accounting Firm

Audits (municipalities (city & county), not for profits, housing authorities, automobile dealerships, construction, etc.) Reviews & Compilations Tax returns (corporate, partnerships, trust, individual, tangible and intangible)

COMPUTER SOFTWARE
Microsoft Office (Word, Excel, PowerPoint, Access), Microsoft Outlook, SAP (MBA course), JD Edwards, Timberline, MAS 200, Solomon, BIO, SQL, Quickbooks, Peachtree, Tvalue, and various other accounting, financial and tax software