An experienced commercial real estate accounting professional with a broad array of knowledge and expertise. Strengths include ability to interface with property managers and building owners and ability to ensure performance based on budget.
Superior attention to detail and organizational skills
Ability to adapt to changing demands, & multitask
Flexible Team Player
Proficient in MS Excel
Good Communication Skills
General Ledger Maintenance
Third party management reporting
Bank loan compliance reporting
Development requisitions and funding requests
Acquisitions, dispositions and refinance transactions
Balance Sheet and P&L reconciliations, Cash Flow
Estimated and annual recoveries
Year-End Audit Processes, work papers
Budget to actual variance analysis
to Current Cruz Management (Contract employment) – Boston,
MA Responsible for assisting with accounts payable, the general ledger, and month-end close for a full service property management firm.
Senior Property Accountant, 03/2017
to 12/2017 Cb Richard Ellis – 33 Arch Street, Boston ,
Prepare and record daily deposits. Maintain and update the cash log for each building.
Review AR aging reports and follow-up with property managers on past due amounts.
Review AP session edits prepared by property management for coding, past due balances, and signature approvals.
Review check runs to ensure the remittance address coincides with the address on the bill. Follow-up with property management with address changes.
Review vendor set-up forms to ensure it agrees with the W9 form.
Prepare bank reconciliations, monthly packages and quarterly packages.
Follow-up with property management on accruals, executive summary and variance explanations. This includes reviewing the summary and variance explanations for grammatical/spelling errors.
Prepare the monthly management fee and quarterly asset fees for each building.
Assist property management with information requested by tenants or owner
Reviewed the year-end true-ups prepared by property management to ensure the expense pool ties back to the year-end financials.
Record acquisition and disposition entries.
Maintain and update fixed asset software and record depreciation/amortization.
Assist in the budget preparation.
Upon approval of packages, close the AR, AP and the GL in MRI or Yardi.
Senior Portfolio Accountant, 10/2016
to 02/2017 Colony NorthStar (Contract employment) – Two International Place, Boston,
Responsible for the financial reporting of a portfolio of 45 buildings.
Monthly reviewed third party financial packages.
Monthly & Quarterly provided actual to budget variance explanations for each building.
Assisted the corporate office in investigating and correcting via a journal entry any equity variances.
Prepared and recorded 34 property dispositions while on assignment.
Assumed ownership of accounts receivable and accounts payable for disposed buildings after third party management agreement ceased.
to 10/2016 The RMR Group (Contract employment) – 255 Washington Street, Newton,
Assisted the Senior Portfolio accountants with the review and audit of fixed assets from the various locations of the Hospitality Properties division. Project included updating audit worksheets/test sampling and upon worksheet approval importing data to Yardi.
Property Accountant, 10/2006
to 09/2016 New Boston Fund – 75 State Street, Boston,
Maintained the integrity of the general ledger for each building and condo association according to the company's policy.
Reviewed and approved accounts payable for proper coding using Nexus software.
Reviewed and approved accounts receivable batches for proper application. And assisted in researching and resolving any tenant discrepancy.
Monthly prepared the management fee calculations for review and approval by the Controller.
Monthly prepared the sales tax calculations for several buildings. And third party financial packages.
Monthly maintained and updated the fixed assets for each building. Quarterly prepared the asset roll forward.
Quarterly reviewed the AR to identify tenants with collection issues. Worked with Property manager to establish a reserve for bad debt in accordance with the Company policy.
Quarterly prepared the loan compliance package for Finance to review. In certain cases a monthly loan compliance package was prepared for the bank.
Quarterly prepared budget to actual variance explanations.
Quarterly calculated and prepared property distributions to the Fund.
Quarterly updated work papers for each commercial building.
Quarterly updated all balance sheet and P&L reconciliations.
Prepared quarterly entries for accrual reporting. This included prepaid expenses, accrued liabilities, amortization and straight-line rent.
Prepared quarterly accrual basis financial statements and reporting packages for the Controller to review for each assigned building and the condo association.
Prepared interim & annual audit packages and tax packages for outside auditors. Reviewed tax returns and K-1's.
Property Accountant, 02/2005
to 04/2006 Spaulding & Slye, LLC – Lexington,
Handled accounting and financial reporting for various commercial investment properties.
Provided support to bank and owners on funding requests. Created development requisitions.
Produced packages for monthly/quarterly/annual reporting.
Responsible for full cycle accounting.
Property Accountant, 12/1998
to 01/2005 Shorenstein Company, Bay Colony Corporate Center – Waltham,
Reviewed AP and AR for proper coding, approvals and support documents prior to batch posting. Monitored AR for collection issues.
Prepared wire-transfer, check requests, bank reconciliation, and monthly rent roll.
Verified tenant data for accuracy in the Commercial Management Module of CTI and MRI software.
Prepared the monthly reforecast, management fee, construction fee and the estimated/annual escalations for review and approval Property Manager.
Prepared monthly journal entries to properly reflect all financial activity on the the cash & accrual books.
Assisted the Property Manager in the preparation of the annual budget.
Prepared the monthly reporting package for the Joint Venture partner, variance explanations and quarterly/annual audit packages for review by the Accounting Manager.
Maintained fixed asset sub-ledger system.
Prepared and assisted the Accounting Manager with loan compliance.
Reconciled the job cost schedules to construction in progress accounts.
Assisted outside auditors with their requests at year-end.
Reviewed FAS13 calculations and made corrections as necessary.
Served as an off-site property accountant for the Nashville property.
Staff Accountant, 07/1989
to 01/1996 Pacific Scientific – Wilmington,
Analyzed general ledger accounts, reconciled balance sheet accounts and prepared internal management reports.
Prepared journal entries and assisted in the month-end closing process.
Payroll administration and labor distribution reports.
Prepared department expense statements and researched variances.
Accounts payable and accounts receivable processing.
Assisted outside auditors with their requests.
Assisted the accounting manager with the yearly budget.
Junior Accountant, 07/1989 Rohm Tech, Inc. – Malden,
Accounts payable and receivable processing.
Inter-company reconciliations, bank reconciliations, & month-end close.
Bachelor of Science: Accounting,
1986 University of Massachusetts - 100 William T Morrissey Blvd,