Karen Hudgins - Fahrenheit Advisors
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Karen Hudgins

Director
Richmond, VA

Karen is a CPA with over 35 years of accounting experience in both public accounting and private industry including construction, real estate and property management.  She specializes in identifying inefficiencies and putting processes into place to ensure accuracy and create efficient accounting departments.

Karen started her career in public accounting.  She helped clients set up their accounting procedures, register for all tax accounts and ensure that they were compliant with all local, state and federal agencies.  She prepared corporate, partnership and individual tax returns, as well as compiled and reviewed financial statements. As Controller, Karen oversaw the financial operations of businesses, including payroll, accounts receivable, accounts payable, cash flow management and financial statement preparation.  She was the liaison for all banking, insurance and finance relationships.

FUNCTION & SPECIALIZATION

  • Construction accounting to include work in process preparation
  • Property management experience including commercial, residential and multi-family
  • Experience using Quickbooks, Foundation Software for construction, Realpage accounting
  • Strengths include creating efficiencies for procedures and processes around accounting
  • Understanding of the tax return process

REPRESENTATIVE CLIENTS & PAST EXPERIENCES

  • Steelhead Management LLC
  • S.W. Funk Industrial Contractors, Inc.
  • Gregg & Bailey
  • Goodman & Company (West, Crawley & Winn PC before merging with Goodman)

EDUCATION, LICENSES & CERTIFICATIONS

  • Bachelor of Science with a concentration in Accounting from Virginia Commonwealth     University
  • Certified Public Accountant in the State of Virginia

PROFESSIONAL ASSOCIATIONS & COMMUNITY ORGANIZATIONS

  • Board Member (New Member Chair) and Program Committee Member of the CFMA (Construction Financial Management Association) Central Virginia Chapter