P&L Administration
David demonstrates exceptional financial acumen in budget preparation, variance analysis, and fiscal accountability across multiple properties and revenue streams. His systematic approach to financial management has consistently delivered accurate forecasting and cost optimization.
Skill Development
- Built P&L expertise through progressive responsibility for increasingly complex budgets, starting with single-property oversight and advancing to multi-state portfolio management
- Enhanced financial management skills through formal education in aviation management and practical application across diverse industries including aviation, parking management, and commercial real estate
- Developed systematic approaches to budget preparation, monitoring, and variance analysis through hands-on experience managing budgets ranging from hundreds of thousands to multiple millions of dollars
- Refined financial forecasting abilities through successful management of seasonal revenue fluctuations, capital expenditure planning, and emergency budget adjustments
- Advanced expertise in financial software systems including Building Engines, Yardi, and Microsoft Office Suite for comprehensive financial reporting and analysis
Real-World Examples
New Building Budget Accuracy
Created comprehensive budget for a new building including detailed CAM (Common Area Maintenance) calculations with actual results being within 3% of projections, demonstrating exceptional financial forecasting ability and deep understanding of operational costs.
Multi-Property Portfolio Management
Successfully managed P&L administration for a portfolio of five commercial buildings, implementing standardized reporting procedures that improved financial transparency and enabled data-driven decision making across all properties.
Revenue Enhancement Initiative
Implemented comprehensive revenue optimization systems and procedures that increased parking revenue by 33% while simultaneously reducing operational costs through strategic vendor negotiations and operational efficiency improvements.
Cost Reduction Achievement
Renegotiated all vendor contracts across five commercial buildings resulting in 15% savings without compromising service quality, demonstrating strong financial analysis and negotiation skills.
Capital Project Financial Management
Served as financial administrator for a quarter-million dollar HVAC upgrade project, managing budget allocation, vendor payments, and cost tracking to ensure project completion within budget parameters.
Variance Analysis Excellence
Developed and implemented monthly financial variance reporting systems that provided clear insights into budget performance, enabling proactive adjustments and maintaining fiscal accountability across all managed properties.