Susan E. Basting

Background

About Susan E. Basting

Finance and accounting executive with over 2 decades’ success and contributions stabilizing operations, optimizing performance and leading department turnarounds through balanced blend of subject matter knowledge, technical expertise, and talent management techniques. Effective mentor and coach leading team-based, collaborative environments focused on cooperative actions versus segmented, independent tasks assigned to individuals. Throughout career as CFO, COO and VP of Accounting / Finance, experienced wide breath of Real Estate knowledge in Multi-family housing (market rate, LIHTC, HUD), student housing, commercial, development and construction, private equity syndication as well as owner/management oversight. Career Highlights Vice President of Finance | Wallick Communities * Responsibility for Finance department Vice President of Accounting | Edwards Companies * Spearheaded comprehensive review of accounting process, able to increase accuracy and reduce the production time by 15 days of property financial statements with a 100% success rate to meet or exceed identified financial statement deadlines.* Optimized productivity and reduced costs through introduction of new options and significant changes to payroll system- Generated 95% time savings valued at $15,600 annually – cutting time required to process insurance payments from one week to just two hours monthly- Cut time required to process sister company payroll 80% – or from five hours to just one hour – through implementation of time and attendance module. Chief Operating and Chief Financial Officer | National Affordable Housing Trust * Instrumental in providing structure to grow firm by 500% – from $20 million to $120 million in annual sales – increasing net assets by $4.6 million and expanding infrastructure from one to seven national offices with total of 45 employee (from original seven).