People & Partners
Experience Beyond the Financial Statements
Financial statements tell you what happened. Understanding why it
happened requires looking at the operations, decisions, processes, controls,
and systems behind the numbers.
CFOBGS brings that broader perspective to the businesses we work
with—connecting financial performance to the operational realities that
influence EBITDA, cash flow, risk, and enterprise value.
TEAM LEADER
Gary Stahl, CPA, CIA
INDUSTRIES
Real Estate, Hospitality, Casino Gaming, Food & Beverage, Construction & Land Development
* Not active in public accounting
Gary Stahl is a strategic CFO and business advisor whose career spans real estate, development,
hospitality, casino gaming, and food & beverage. His experience combines financial leadership,
public accounting, and a hands-on understanding of the operations behind the numbers. In public
accounting, he served significant clients across these industries, gaining an outside perspective
that complements his experience leading financial operations from within the business. Gary
works closely with owners and leadership teams to understand what is happening within the
business, connect operational realities to financial performance, and translate that insight into
practical action.
Real Estate & Development
Gary has led financial operations at both the corporate and property level. As CFO of the U.S.
operations of an international real estate development firm, he was responsible for more than $2
billion in active condominium development. His broader real estate experience includes property
management accounting for millions of square feet of commercial office and retail space, land
development within large-scale mixed-use urban communities, and financial oversight of more
than 6,000 residential apartments. His development experience also includes a ground-up senior
housing complex, the conversion of a commercial warehouse into luxury condominiums, and
significant tenant improvement programs.
Hospitality, Casino Gaming & Food & Beverage
In hospitality, Gary was responsible for the accounting of a four-star hotel before assuming full
financial responsibility for a newly acquired casino hotel in Central America and a Caribbean
resort. In that role, he oversaw accounting and financial operations, implemented enterprise-wide
software, and led internal audit and compliance for an organization of more than 1,000
employees.
His food & beverage experience extends into the operations that directly influence profitability. Working with food & beverage directors and catering managers, Gary helped strengthen menu engineering, improve utilization of point-of-sale capabilities, and enhance inventory management and controls. He has also advised a food & beverage chain on structural accounting and operational changes, connecting financial reporting more closely to the decisions being made at the operating level.
His food & beverage experience extends into the operations that directly influence profitability. Working with food & beverage directors and catering managers, Gary helped strengthen menu engineering, improve utilization of point-of-sale capabilities, and enhance inventory management and controls. He has also advised a food & beverage chain on structural accounting and operational changes, connecting financial reporting more closely to the decisions being made at the operating level.
The Right Expertise When You Need It
No one person has every answer. We work with a network of trusted
strategic partners who bring specialized operational, technical, and
industry expertise when a situation calls for it.
CFOBGS remains the point of integration — bringing the right
expertise together, when appropriate, so owners and leadership teams
can address issues without having to find, manage, and coordinate
multiple resources on their own.
strategic partners who bring specialized operational, technical, and
industry expertise when a situation calls for it.
CFOBGS remains the point of integration — bringing the right
expertise together, when appropriate, so owners and leadership teams
can address issues without having to find, manage, and coordinate
multiple resources on their own.
AN INTEGRATED MANAGEMENT MODEL
Boutique Service, Specialized Resources
We provide the personal attention and accountability of a boutique firm, while drawing on specialized resources when an engagement calls for expertise beyond our core capabilities.
Finance and Operations, Aligned
Financial and operational decisions are closely connected. We help bring them together around a shared set of priorities — reducing manual reconciliation and disconnected processes so management has better information for the decisions that matter.
Deep Industry Experience
Our experience spans hospitality, casino gaming, real estate development, and food & beverage, giving us an understanding of the operating environments behind the financial statements. We often identify opportunities to improve how ERP and other business systems are configured and used, helping operational teams get more from the tools they already have while enabling accounting to produce cleaner, more useful reporting. That connection can extend beyond traditional financial measures to areas such as player and guest tracking, marketing performance, labor, purchasing, and inventory.
Proactive, Not Just Reporting
Accounting should do more than explain what already happened. We look for the operational and financial signals that matter, bring them to management’s attention, and help turn information into action.
BRING IN THE RIGHT EXPERTISE FOR YOUR SITUATION
Every situation starts somewhere.
A confidential consultation is a practical first step to identify what expertise your situation may call for and what options may be appropriate.