R. Nickolas Potts, Jr.

Chief Financial Officer/Vice President

April 2006 - Present

Vice President/Division Manager Gemcraft Homes, Sussex County, DE, 2002-2004

Executive Vice-President/Division President Cornerstone Development Group, 2004-2005

Controller Land Division/Assistant Division Manager Gemcraft Homes, Forest Hill, MD, 2006

 

Financial Management

Responsible of managing accounts payables, accounts receivable, office administration including technical support for office and field staff. Responsible for overseeing payroll and all financial phases of the daily business operation including monthly, quarterly and annual financial reporting requirements. In charge of construction licensing renewals and submission.
Responsible for securing all performance and construction bonds. Preparation of annual budgets for all offices and headquarters. Cash management, financial planning and funding of all projects.

KEY EXPERIENCE

Cornerstone Development Group
Managed all sales and marketing efforts for a builder of 150-200 homes per year. Managed all administrative functions. Generated and reviewed all reporting to the owners. Reviewed all contracts associated with land acquisition, development and land sales. Coordinated development and marketing programs and assured contractual obligation to builder clients.

Gemcraft Homes
The daily handling of all financial requirements including obtain all financing for land acquisition, land development, and vertical construction. Generated and submitted all proformas to local and out of state financial institutions. Maintained all relationship with third party attorneys.

EDUCATION & AFFILIATIONS

BA, Accounting, Loyola College, Baltimore, MD

Maryland Association of Certified Public Accountants

American Institute of Certified Public Accountants

Associated Builders & Contractors - Keystone Chapter

Associated Builders and Contractors - Baltimore Metro Chapter

Building Congress and Exchange