JOSE SANCHEZ

**** ******* ***** **** *** York, New Jersey 07093

347-***-**** acroru@r.postjobfree.com

SENIOR PROPERTY ACCOUNTANT

Related Companies- New York City, New York 2014- 2015

Residential, Commercial and Development real estate Management Company

Senior Accountant

Responsible for all aspects of accounting relating to company’s operations, such as preparing monthly reporting packages to investors for residential, including monthly variance analysis reports justifying over and under-run of budget forecasts. Prepare monthly, quarterly and annual unconsolidated & consolidated financial reports and related work papers on accrual basis. Prepare surplus cash flow analysis for distribution to owners semi annually.

Highlights:

• General ledger review, preparation of monthly journal entries and balance sheets account reconciliations

• Reconcile monthly revenue, cash and escrow accounts

• Review of A/P coding and descriptions, making sure disbursements are prioritized and handled in appropriate order

• Responsible for P&L analysis, forecasting and budget analysis on a monthly basis

• Submission of financial statements and executive reports on a monthly basis, reconcile bank statements

• Performed monthly calls with Operations for review of income statements

• Monitor tenants’ receivables balances and activities

• Timely submission of loan compliance to servicers

• Timely submission of debt service payments to lenders

• Coordinate with outside accountants during annual audits and tax return preparation

• Property level budget preparation

Kushner Companies- (Westminster Management) - Florham Park, New Jersey 2013

Residential and Commercial real estate Management Company

Senior Accountant

Responsible for all aspects of a portfolio of mixed-use properties; assisting the team with timely and accurate information reporting, including computing, classifying, recording and verifying numerical data for use in maintaining property accounting records.

Highlights:

• Preparing & entering journals, G/ L analysis, Perform month-end journal and closing entries, including accruals, depreciation and amortization

• Reconcile monthly revenue and cash accounts

• Work closely with the bank and lenders in reconciling draw requests and loan accounts, responsible for P&L analysis, forecasting and budget analysis on a monthly basis

• Submission of financial statements and executive reports on a monthly basis, reconcile bank statements

• Responsible for payroll reconciliation, A/ P, A/ R coding and inputs

• Interface with property managers and senior management on all aspects of accounting for the mixed-use buildings; assist with billing verification and collection matters

• Prepare operating expense and real estate tax escalation calculations and final year end reconciled true-up calculation in a timely manner

• Responsible for managing all AP, AR, GL information within the system

• Record opening journal entries for acquisitions of real estate assets

• Perform other property related financial duties such as RPIE’s, management fee calculations, inter-company analysis and reimbursements

Multifamily Management Services LLC- a division of Tuck Management, Suffern, New York 2012 – 2013

Residential and Commercial real estate Management Company

Senior Accountant

Responsible for all aspects of accounting relating to company’s operations, such as preparing monthly reporting packages for residential properties, including monthly variance analysis reports justifying over and under-run of budget forecasts. Prepare monthly, quarterly and annual financial reports and related work papers on a GAAP and Cash basis strict deadlines & Prepare work papers with year-end audits under strict deadlines

Highlights:

• Maintain multiple general ledgers, cash flow analysis and general ledger account analysis

• Post journal entries as required, prepare and post monthly recurring journal entries

• Analyze the monthly and YTD budget variances and review bank reconciliations

• Communicate with members of the management team, owners and other departments within the company, vendors and outside parties, and establish and maintain good working relationships with them

• Provided assistance for diverse special projects, accounting duties, and year-end close process

TRYAD GROUP MANAGEMENT, Brooklyn, New York 2009 – 2012

Residential and Commercial real estate investment, operating, and Development Company

Senior Accountant

Prepare monthly and quarterly reporting packages for commercial & residential properties, including: Variance Analysis, Cash Flow Analysis, Balance Sheet, Reserves, and Capital Expenditure Analysis. Work with Property Management to understand and track all projects and significant activities at each property. Ensure accuracy of tenant charges. Review, analyze and record adjustments and accruals to general ledger. Monitor A/R; provide guidance and assistance to collection effort.Load annual budget to MRI.

Highlights:

Review and prepare CAM, Insurance and Tax recovery income, Utility analysis, etc. Record opening journal entries for acquisitions

Record opening journal entries for acquisition of real estate assets. Quaterly sales tax filling and Annual tax payments.

Prepare annual budget package, Quarterly NOI reports, year-end financial reconciliations, analysis and working papers

Aided CFO with all aspects of annual properties audit, special projects such as RPIE’s, and preparation of monthly operating reports; include variance analysis, and AR cash flow statement

FORTIS PROPERTY GROUP, Brooklyn, New York 2008 – 2009

Residential and industrial real estate investment, operating, and Development Company

Property Accountant

Prepare bank reconciliations for various entities. Reconcile mortgage loan balances, escrow balances, and tenant security deposits. Maintain incomes and expense journals and schedules. Daily review and posting of all clearing account sweeps transferred to various bank accounts, and all receipt batches and charge batches received from property managers. Organize management fee invoices. Coordinate funding. Manage accounts receivable (AR) and payable (AP).Maximized visibility into P&L, maintaining detailed monthly journals on income and expenses. Mapped out cash flows and calculations on support schedules including tenant improvements, capital improvements, equity rolls, 3rd party fees, and management fees. Aided Assistant Controller with all aspects of annual properties audit, special projects, and preparation of monthly operating reports; include variance analysis, and AR cash flow statement.

EDUCATION & COMPUTER SKILLS

Master of Science in Accounting - 2008

Bachelor of Science in Business Administration - 2006

Saint Peter’s University, Jersey City, New Jersey

Word Perfect IBS Engagement PM 2000 MAS 90 Oracle Lotus Notes

Yardi MRI Onesite BJ Murray JD Edwards Onesite Vlookups Pivot tables

***Fluent in Spanish***

Contact this candidate