As the “bean counter” for the organization, I am an experienced accounting and financial professional. My background includes working as a financial consultant; a senior management officer at a major bank holding company in the corporate real estate environment; and recently, serving as an accounting leader working for the FDIC on various bank receivership closures. I have a critical and systematic approach to observing and collecting data on different subjects. Not your typical “Act/Fin” personality, in that I actually has a sense of humor. Stop in, and I can regale you with tails about my exploits at various “hole-punching” competitions.
EDUCATION & BACKGROUND
Reinhard Magel, Accounting Manager for Batavia Enterprises, is responsible for reporting the financial affairs to senior management and the board of directors, including budgets, forecasts, treasury management, developing banking relationships, managing tenant collections and special projects. Additionally, he oversees human resources duties including payroll, 401K administration, and insurance.
Reinhard has over 30 years of professional experience including real estate, bank holding companies, consulting services, and governmental receivership accounting. He has held various accounting and financial positions, including Controller, CFO, and Accounting Director. Prior to joining Batavia Enterprises, Inc., he worked for the FDIC in their capacity of Receiver for banks closed by various state regulatory agencies as Finance Manager and Accounting Manager.
Mr. Magel graduated from the University of Wisconsin with Bachelor Degrees in Accounting and Psychology. He is also a graduate of the School for Banking Administration in their Bank Controller program.