Oversee monthly, quarterly, and annual financial reporting of asset portfolio of over 900,000 square feet and ensure accuracy and compliance with both internal and investor guidelines and US GAAP.
Manage team of three Accounting professionals
Serve as mentor to junior team members
Develop training materials to facilitate new employee transition into department
Participate in conducting interviews, selecting, and orienting new employees.
Assess and critique financial statements prepared by Property Accountants to ensure conformity with GAAP as well as internal guidelines.
Initiate and conduct monthly meetings with Property Managers to consult on financial position of building through analyzing operating revenue and costs against annual budgets and proper accounting treatment of operating and capital expenses.
Assist Building Managers and Asset Manager with annual budgets and quarterly budget forecasts.
Collaborate with tax department and tax firms to ensure all tax regulations are recorded appropriately in tax basis financial statements on a quarterly basis.
during monthly close process with preparation of bank reconciliations and account analyses various GL accounts.
Assisted in annual property audits and periodic tenant audits.
Prepared and entered annual revenue budget schedules into accounting database.
Maintained relationships with government tenants by ensuring compliance with the Federal Acquisition Regulations procedures for billing.
Prepared and filed annual sales and use tax and personal property taxes for ownership entities of office buildings.
Filed annual miscellaneous 1099 Forms for vendors to IRS.
Ensured positive tenant and vendor relationships with efficient response to billing inquiries and executing timely payment of invoices.
Streamlined the procedure of completing quarterly and semi-annual Sales and Use Taxes by converting to an automated process from the manual process utilized previously.
Recommended and initiated the use of web based bank software to allow accountants to download monthly bank statements and perform bank reconciliation.
Supervised, directed, and trained Property Accountant staff of two on the fundamentals of financial reporting and analysis, cash management and other daily activities of the Accounting department.
Conducted monthly meetings with Property Managers to interpret financial data and provide guidance on accuracy of financials and proper treatment of operating and capital expenses.
Prepared quarterly tax projections for internal tax group and external tax consultants.
Worked closely with construction project managers and development accounting team on financials and budget reforecasts for three major building renovations worth approximately $65 million.
10/2006 - 02/2008
Assisted Financial Controller in preparing GAAP basis financials in compliance with investor and lender reporting guidelines on monthly and quarterly basis.
Responsible for the preparation and entry of monthly journal entries, account reconciliations.
Maintained balance sheet schedules with supporting documents and reviewed profit and loss statements to ensure accuracy.
Monitored cash activity and prepared analyses for funding requests.
Assembled monthly draw request packages for lenders in accordance with loan documents.
Prepared budget versus actual variance analysis on a monthly basis.
Initiated communication with Property Managers regarding timeliness of tenant billings in accordance with lease agreements, and proper recording of operating expenses and capital costs to ensure compliance with internal, GAAP, and tax guidelines.
Demonstrated initiative in completing financials for additional properties during period of staffing changes.
03/2005 - 10/2006
State Department Federal Credit Union － Alexandria, VirginiaFixed Asset Accountant
Managed fixed asset database and generated month end fixed asset reports for Accounting Managers and Fund Management team.
Assisted Accounting Manager with fixed asset software database conversion.
Reconciled and balanced ACH Transactions transmitted to the Federal Reserve as well as various accounts receivable and payable accounts.
Monitored daily cash activity for 5 branch offices and resolved any discrepancies.
Compiled and prepare financial data for weekly Regulation D FR2900 report to submit to the Federal Reserve Bank.
Prepared month end entries and supporting schedules for GL close.
Prepared and filed financial and statistical reports on a quarterly basis for the National Credit Union Administration.
Initiated both domestic and international wire transfers for credit union members and resolved transaction discrepancies in a timely manner.
Prepared cash orders to the Federal Reserve on a weekly basis and closely monitor cash order receipts for accuracy.