Mr. Ray is a certified public accountant with over 30 years’ experience and has been in charge of overseeing all financial and accounting aspects for several industry leading real estate companies.
Doug was the CFO for Elias Brothers Group, a respected Southwest Florida developer, homebuilder and painting/restoration contractor where he was responsible for all financial and accounting functions including bank relations, financial reporting, economic analyses, cash flow management and loan negotiations for the last 5 years.
For the prior nine years Mr. Ray was CFO of John Wieland Homes and Neighborhoods in Atlanta, GA. Doug was responsible for providing financial and accounting oversight to the entire organization. Some of his initiatives included implementing a formal economic analysis process for potential land acquisitions, establishing a detailed system of accounting and financial policies and procedures, an annual budget process, an internal audit function and a property tax administration department.
Starting in early 1981, Mr. Ray served as Vice President, Retail Property Accounting for Carter & Associates in Atlanta. At Carter & Associates, he managed the economic analysis, financial development, construction and operational accounting for up to 20 regional malls, power strip and strip shopping centers with an aggregate value ranging from $500 million to $1 billion.
Mr. Ray was a summa cum laude graduate of the University of Alabama. After graduation, he began his professional career with Price Waterhouse Coopers, where he completed the requirements for his CPA certificate and gained valuable experience auditing a variety of clients. |
