MICHAEL QUIMBEY, CPA

SUMMARY OF QUALIFICATIONS
 Over 25 years of progressive experience in Hospitality and Real Estate Finance and
Accounting
 Experience in Financial Reporting, Budgeting, Forecasting, Review and Analysis for
multiple business units in centralized and decentralized environments
 Extensive experience in preparing and providing operating and partnership consolidated financial
statements and related reporting to multiple owners, partners, lenders, and servicers
 Coordinated successful implementation, control design and testing for Sarbanes-Oxley Section
404 compliance
 Provided process design, testing, data conversion and end-user training during company-wide SAP
implementation
 Managed all accounting aspects of multiple acquisitions, divestitures, and refinances at both the
operating and partnership levels
 Participated in the development of standard operating procedures, internal controls, and reporting
standards for both public and private companies
 Proficient in Excel, Word, Power Point, Outlook, SAP, M3, ProfitSword, Great Plains and FRx

EXPERIENCE
Prism Hotels & Resorts Dallas, Texas
Corporate Director of Finance September
2019-Present
 Oversee the preparation of monthly operating financial statements for 45 hotels and resorts
ensuring compliance with GAAP and USALI 11 th Edition
 Ensure accurate and timely reporting of financial statements and operating reports to operations,
owners, and lenders
 Monitor financial performance of hotels for compliance with debt and management
agreement covenants
 Review and approve all bank and balance sheet reconciliations
 Effectively communicate with operations on all financial matters including variance
analysis, proper accounting application and financial results
 Review, evaluate and communicate cash position, cash forecast and cash needs for all hotels
 Assist in the preparation and review of monthly forecasts and annual budgets
 Develop and implement policies and procedures to ensure effective internal controls and
accurate financial statements
 Coordinate the successful completion of external audits with external auditors
 Participate in weekly company leadership team meetings
 Implemented myDigitalOffice paperless night audit system across entire portfolio
 Oversight of all accounting aspects for 20 receivership takeovers and 8 acquisitions during
COVID-19 pandemic

Sam Moon Group Plano, Texas

Vice President of Finance August 2017-
July 2019
 Oversee all accounting and finance for the Sam Moon Group and its affiliates
  Review and analyze financial statements prepared by property management companies
 Prepare financial statements for Sam Moon Group affiliated entities
 Ensure compliance with all corporate, partnership, debt, and management contracts
 Provide periodic financial reporting to lenders and ownership
 Serve as primary contact for lenders regarding payments, escrows, and debt covenants
 Coordinate funding and monitor spending for multiple development projects
 Coordinate financial aspects of acquisitions, including contract review and compliance, banking,
licensing, and transaction accounting

Solid Rock Asset Management Irving, Texas

Vice President of Finance and Accounting June 2015-
August 2017
 Oversee all accounting functions and internal controls for the company
 Review and analyze financial statements prepared by property management companies
 Prepare financial statements for Solid Rock Asset Management and related entities
 Prepare consolidated financial statements for client ownership entities
 Ensure compliance with all corporate, partnership, debt, and management contracts
 Monitor hotel operations, cash flows, budgets, and forecasts
 Provide monthly financial reporting to clients including financial statements, capital improvement
updates and cash analysis
 Serve as primary contact for lenders regarding payments, escrows, and debt covenants
 Coordinate funding and monitor spending for multiple renovation projects
 Coordinate financial aspects of acquisitions, including contract review and compliance, banking,
licensing, insurance, and transaction accounting

Highgate Holdings Irving, Texas

Corporate Ownership Controller March 2006-
February 2015
 Oversee all accounting functions and internal controls at the property and partnership levels for a
select number of assigned properties
 Supervise Regional and Property Controllers in the preparation and delivery of periodic
operational and partnership financial statements
 Ensure compliance with all corporate, partnership, debt, and management contracts
 Monitor hotel operations, cash flow, budgets, and forecasts
 Assist in the development of policies, procedures, controls, and staffing
 Assist in the development of annual budgets and periodic forecasts
 Coordinate the successful completion of annual audits with external auditors
 Coordinate financial aspects of acquisitions, divestitures and refinancings, including contract
review and compliance, banking, staffing, budgeting, cash flow, licensing, insurance, systems, and
transaction accounting
 Communicate with ownership and equity partners on property and partnership performance
 Coordinate funding and monitor spending for multiple renovation and development projects

Wyndham International Dallas,

Texas
Manager, Corporate Audits Jun e 2004 –
August 2005
Accounting Manager August 2001 – June
2004
Supervising Senior Accountant March 1999 -
August 2001
 Staff Accountant April 1998 - March
1999

SOFTWARE EXPERIENCE
SAP, Infinium (Software 2000, AS400), Microsoft Office (Excel, Word, Power Point and Outlook),
Microsoft Great Plains, Microsoft FRx, M3, ProfitSword, QuickBooks

EDUCATION
McPherson College BS in Accounting
McPherson, KS 1994

Certified Public Accountant

REFERENCES
Available upon request