President
(718) 676-4050
When you lose confidence in the way your condo or coop finances are managed, that's when I come in to make sure that you NEVER lose that confidence again."
~ FelixRozenbaum, CPA
Felix Rozenbaum has been a proud resident of the New York City area since 1991 and is the president and founder of Optimum Income Tax & Accounting Solutions and Condo CFO.
Felix Rozenbaum has been a proud resident of the New York City area since 1991 and is the president and founder of Optimum Income Tax & Accounting Solutions and Condo CFO.
Business owners, condominium associations and co-op boards, as well as a variety of small businesses, depend on Felix for everything from cloud accounting and payroll services to strategic financial management insight, IRS representation, and tax planning and preparation using traditional processes and myriad web-based applications, Felix delights in taking on a complex financial problem and devising simple, effective solutions that address each and every detail.
Clients who have worked with Felix tend to become loyal fans. That’s because he is extremely dedicated to fully researching, understanding and applying the specialized knowledge that helps clients succeed – whether managing and getting the most benefit from co-op and condo building funds or going toe-to-toe with the IRS, state tax and labor departments or the Workers' Compensation Board. Felix’s attention to detail is legendary among New York building and business owners, as is his level of professionalism and commitment to responding to clients when they need his advice.
As treasurer of the condo association representing his own home in Brooklyn, a position he held for more than a decade, Felix is personally and professionally acquainted with the many logistical, interpersonal, legal and financial challenges of running this type of organization. He also is actively involved in the profession, serving as a member of Council of New York Cooperatives & Condominiums, the National Society of Accountants and sits on the board of the New York State Society of CPAs, Queens/Brooklyn Chapter.
Felix has been an overachiever all of his life. Born in Ukraine, he emigrated with his family to the United States at the age of 14. A fluent Russian speaker who learned to speak English in only eight months, he received a Special Congressional Recognition Award from Charles Schumer in junior high school. He went on to graduate with cum laude honors from Bernard Baruch College, one of the senior colleges that make up the City University of New York (CUNY).
While still in college, Felix started working part time in the accounts payable department at Altria Group, Inc., a Fortune 500 company, and was quickly promoted to full-time accountant, senior accountant and finally specialist in SEC financial reporting. He then moved to one of the world’s largest accounting firms, PricewaterhouseCoopers, where he provided auditing and advisory services to numerous public and private clients that included L’Oreal Corp., Nature’s Bounty, EOS Airlines, General Cigar, Russell Reynolds Associates, Hubbell, Inc. and many others before starting his own firm in 2009.
When not engaged in his work, Felix enjoys chess, as well as kickboxing, swimming and soccer, and travelling with his wife and two young sons.
I am delighted to provide this glowing testimonial for our exceptional CFO Felix Rozenbaum, who has been an invaluable asset to The Cypress Condominium Association over the past year. As a resident and president board member, I have had the pleasure of witnessing his unwavering dedication to delivering top-notch CPA services, including taxes and accounting.
Felix has played a major role in setting our building financials on the right path! When we initially engaged Felix, our building’s finances were extremely disorganized, and the Board needed his expertise to undergo a major assessment of the current financial status and a long-term strategy for the building.
Felix is very knowledgeable. He is thorough and to the point – he makes sure he solves the issue. He lets us know if something comes up and is always prompt to respond. Felix’s services have helped our building manage expenses, build reserves, and keep maintenance fees unchanged for the last nine years!
Whenever someone mentions their tax problems or tax situations to me I always recommend Felix. With Felix you can ask as many questions as you like; he is always there for you. He has a vast knowledge of accounting and business, and he is a very honest individual.
Condo CFO has been a complete game-changer for our building. Prior to finding Felix, we fumbled our way through so many different management companies and our finances were a disaster. (Sadly I’m sure we lost a good bit of money along the way too.) Felix came in and straightened it all out!
252 West Owners Corp is a six-unit self-managed brownstone co-op. Over the years, self-managing our co-op had become too much for our small group. We are very fortunate to have contracted with Felix Rozenbaum of Condo CFO to be our outside financial manager. Over the past three years, he has become a vital, valued part of our co-op.
He is fantastic. Every time I have a problem, big or sometimes small – anything – I will call Felix. He shows me how to do things that I didn’t know how to do or was doing incorrectly. He cares about his clients; he explains and shows how they have to manage to be within the law.
Managing our small COOP’s finances had become increasingly time-consuming. We didn’t want the expense of a full-service management company, and Felix fit the bill perfectly. He manages everything very efficiently and set up the system online so we retain a clear view of current finances and are part of the bill approval process.