Maxine Turner

Experience

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  Aimco (Formerly Insignia Financial Group)

  Jun 1993 - Jul 1998

  Coordinated and Reviewed the financial data for 41 Government Subsidized (HUD) Apartment Complexes; including cash management, general ledger, journal entries, financial statements and budgets. Reviewed the work papers prepared by the Staff Accountant and Banking Clerks. Assisted several Audit Firms during the preparation of 41 Annual HUD Audits; Conducted a Review of each Audit and any proposed Audit Adjusting Journal Entries. For one year, prepared 56 Monthly HUD Accounts Receivable Reports used for HUD Reporting and Collecting of the HUD Subsidized Rental Income. Show less

  • Partnership Accountant

    Nov 1996 - Jul 1998

  • Regional Accountant

    Jun 1993 - Oct 1996
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  One Price Clothing Stores Inc.

  Jul 1998 - Dec 2005

  Provided Financial Analysis and Bankruptcy Support to the US Trustee, Attorneys, Financial Advisors and Executive Team. Prepared the Statement of Financial Affairs (SOFA) and the Monthly Operating Reports (MOR) filed with the Bankruptcy Court. Worked with the Team to develop and monitor the Debtor-In-Possession (DIP) Loan Budget. Responsibility for Cash Management and Funding Requests sent to the DIP Lender. Reported Actual Performance against the Weekly DIP Budget. Also, worked with the Team in regards to the Going Out of Business Sales, Document Retention, Creditor Notices, and the wind-down and audit of the Health Insurance Plans, etc. Show less Prepared various Corporate Financial Models and Forecasts based on strategic merchandise initiatives, overhead goals, and store open/close scenarios. Assisted the Executive Team with Board of Director and Equity Partner Presentation Decks. Provided Data and Analysis for Due Diligence Requests. Coordinated the Corporate Annual Budget Process. Prepared the Balance Sheet and Cash Flow Budgets. Worked on Expense Control Projects. Managed 2 to 3 Financial Analysts in the Budgeting and Store Control Areas. Trained a Senior Analyst from the team to be the Hyperion Pillar Administrator. Management of the Store Control Department was added to my duties in August 2003. Reviewed the Monthly Store, District and Consolidated Income Statements and researched Budget Variances. Worked with VP of Stores to develop a Model for budgeting and controlling weekly store payroll hours for 600+ Stores. Worked with the CFO to develop an Income Statement and Return on Investment Pro-Forma for New Store Locations. Provided Ad Hoc Analysis and Reporting for the Executive Team. Show less

  • Bankruptcy Wind-Down Team

    Feb 2004 - Dec 2005

  • Director of Financial Planning and Analysis

    May 2001 - Feb 2004

  • Senior Financial Reporting Analyst / Hyperion Pillar Administrator

    Jul 1998 - May 2001
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  Clear Thinking Group

  Jan 2006 - May 2014

  Managing Director

  Business Turn-Around, Restructuring, and Bankruptcy Consultant focused primarily in the Retail and Wholesale Apparel Markets. Experience with Business Analysis, Financial Modeling & Forecasting, Rolling 13 Week Cash Flow Forecasting & Borrowing Base Availability, DIP Financing, Factoring & Asset Based Lending, Sub-Debt Financing, Lender and Equity Relations, Asset Sale & Stock Purchase Agreements, Due Diligence, Data Rooms, Waterfall Distributions, Financial Statement Preparation & Reporting, Accounting, AR, AP, Cash Management, Inventory Management & Purchase Flow, Process Improvement, and Collegiate Licensing & Royalties, etc. Show less

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  Independent Contractor, Financial Analysis, Financial Modeling

  Jun 2014 - now

  Financial Planning & Analysis + Business Modeling + Accounting Professional (CPA)

  Assist Companies with Budgeting, Forecasting, Financial Modeling, Business Analysis, Due Diligence, Business Sales and Transactions, Valuations, Rolling 13 Week Cash Flows, Asset Based Lending, Borrowing Base and Availability Forecasting, Financial Reporting, and other Accounting & Financial Related Projects. Also prepare Financial Models and Scenarios for Collegiate Licensing Agreements or other types of Contractual Business Agreements.