Al Petrie

Al Petrie

Accounting Manager

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location of Al PetrieGreater Minneapolis-St. Paul Area

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  • Timeline

  • About me

    Vice President of Accounting at United Properties

  • Education

    • Winona State University

      -
      Bachelor of Science - BS Accounting cum laude
  • Experience

    • General Growth Properties

      Jan 1992 - Jan 1999
      Accounting Manager

      Started as Mall Accountant for Knollwood Mall, then progressed to Property Accountant in the home office and then promoted to Property Accounting Manager, supervising 10 direct and indirect employees.

    • GE Capital Information Technology Solutions

      Jan 1998 - Jan 1999
      Sr. Accountant

      Prepared, reviewed and anlayzed monthly financial statements for service businesses in several U.S. regions. Prepared monthly bank reconcilations, account reconciliations, budget variances and supervised the monthly billing process for various regional activities.

    • NorthMarq Companies LLC (Formerly United Properties LLC)

      Jan 1999 - Jan 2004

      Coordinated monthly, quarterly and annual financial statement reporting, including service department profitability and owned real estate financial reporting. Fixed asset maintenance, assistance with the annual budget and forecast process, coordinated the annual audit and tax matters.Highlighted accomplishments include; assisted with the successful identification and implementation of the key business system (MRI) and implemented an online financial reporting process to improve dissemination of financial results and electronic storage. Show less

      • Assistant Controller

        Jan 2002 - Jan 2004
      • Corporate Accounting Supervisor

        Jan 1999 - Jan 2002
    • NorthMarq Companies LLC

      Jan 2004 - Jan 2018
      Corporate Controller

      Set direction and oversight of the accounting, budgeting, forecasting and financial reporting for all service businesses and owned real estate. Communicate financial results to Executive Team, Senior Management and Ownership group. Accomplishments include; successful implementation of an E-payables program resulting in reduced costs from a streamlined and secure payment process that shared in card processing fees and involvement in several construction, development and service company acquisitions and dispostions. Show less

    • PaR Systems

      May 2018 - May 2020
      Corporate Accounting Manager

      Set direction and oversee the accounting, budgeting and financial reporting.Responsible for compiling the consolidated financial reporting, the annual budget and the quarterly forecasts.Communicate financial results and respond to financial inquiries to Senior Management and the Ownership group.Coordinate and assist with the annual audit, international audits, tax matters and the strategic planning process.Partner with business finance leaders to develop and provide clear financial and operational metrics to drive strategic decision making and business performance in all areas of the company. Show less

    • United Properties

      May 2020 - now
      Vice President of Accounting

      Responsibility and accountability for the direct oversight of the United Properties accounting department and related compliance including oversight of adequate internal controls throughout the organization and top-level communication and coordination withe the Executive Team.Oversight of the general accounting processes including the timely preparation of the monthly, quarterly and annual financial statements, accurate transaction processing, financial statement analysis, account reconciliations, and fixed asset accounting including the maintenance of the fixed asset and GAAP records.Lead and coordinate the annual budget and forecast projections, oversight of acquisitions, dispositions and transfers from development to an operating asset, supporting both the asset management and development teams with strategic analysis and reporting metrics, oversight of joint venture accounting and reporting, communicating with investors, preparing and overseeing all quarterly and annual bank or lender reports and leading the tax preparation process including compliance with state and local sales and use tax filing requirements.Supervise and maintain a competent accounting staff, and assuring there is a system of adequate controls within their realm of responsibilities. Show less

  • Licenses & Certifications