Real Estate Senior Property Accountant

Vera B. Nieminski

Port Washington, WI ***** 708-***-**** **********@*****.***

https://www.linkedin.com/in/veranieminski

Preferences for job: Position-Senior Property Accountant; Full time, 100% Remote & Hybrid work position.

Summary of Qualifications

Experienced Property Accountant with over 17 years of dedicated service in the U.S. commercial real estate sector. Known for exceptional problem-solving skills and a strong track record in accounting services for leading corporations. Recognized for outstanding Accounts Receivable (AR) collections during the COVID-19 pandemic, demonstrating strong prioritization and communication abilities. A proven leader who achieves results through teamwork and expertise. Proficient in MRI and Yardi software.

Core Competencies

• US GAAP

• MRI, Yardi, QuickBooks

• Research and Analytics

• CAM & RE Tax Recs

• Fixed Asset Depreciation

• A/P & A/R

• Budgeting & Forecasting

• Financial Reporting

• Banking & Bank Reconciliation

• Expense Allocation/ Coding

• Long/Term Debts management

• Employee Training & Team management

• MS Office Excel Pivot tables, VLOOKUP

• MS Office Word, Outlook, PowerPoint

• Skyline, Adobe

Work Experience & Selected Achievements

Senior Property Accountant

Garrett Popcorn Corp. & Chody Real Estate Corp. Commercial Real Estate Property Management Chicago, IL

2021 – Present

Reviewed and abstracted new/existing leases and amendments, entering details into MRI Software.

Prepared CAM & RET Reconciliations, assisting tenants with explanations and backups.

Managed accounting operations for a commercial real estate company overseeing 20+ active property portfolios.

Prepared, reviewed, and analyzed property financial statements, including Income Statements and Balance Sheets.

Generated monthly rent billing, analyzed variances and tenant charge schedules per agreements and abatements.

Monitored cash flow, managed bank account balances, and ensured timely loan payments.

Built and maintained strong client relationships, ensuring exceptional service and client satisfaction.

Collaborated with the team to process year-end closing and reconciled all bank accounts.

Reconciled general ledger accounts and generated updated financial documents.

Supported auditors and lenders with accounting-related inquiries.

Ensured tax compliance and timely payments.

Performed internal accounts reconciliation (due to/from balances).

Reviewed and approved cash receipt entries, journal entries, and coding, and advised the team on necessary application adjustments.

Supervised and mentored a junior staff accountant, ensuring accurate financial reports and development.

Property Accountant

Hearn Company Commercial Real Estate Property Management Chicago, IL

2016 – 2021

Reviewed new/existing leases & amendments, setting up details in Yardi for the property over 1.4M SF.

Prepared annual OPEX & RET escalations calculations and year-end OPEX & RET reconciliations, providing tenants with explanations and supporting documentation.

Managed monthly commercial billing for nearly 100 tenants, analyzing rent variances and tenant charge schedules in accordance with abatements and lease agreements.

Contributed to annual budgeting and quarterly forecasting, including capital and expense variance analysis compared to budget and prior forecasts.

Managed Accounts Payable, ensuring proper invoices coding and verification, and assisted vendors with inquires.

Managed Accounts Receivable, reconciled outstanding balances, assisted tenants with inquiries, reduced delinquent receivables by 20%, and received recognition from partners for excellent A/R collections during COVID-19.

Worked with TSC to prepare monthly work order batches (Angus system), verifying and exporting batches to Yardi.

Maintained tenants LOC/Security Deposits database including commencement & expiration alerts, term changes.

Prepared Bank reconciliations, AP & AR financial statements with explanations, journal/reclassification entries.

Assisted auditors and partners with accounting-related inquiries.

Implemented a new fraud prevention system and performed Positive Pay for AP transactions.

Contributed to special projects: Estoppel documents for refinancing (SF, terms, abatements, lease info, annual rent, AR, etc.); and auditing budget pools discrepancies

Produced special AR reports during COVID-19 and provided IRS and vendors with 1099 forms.

Property Accountant

National Shopping Plazas, Inc. Commercial RE Property Management Chicago, IL

2007 – 2016

Reconciled and allocated cash receipts, ensuring accuracy and validity of financial records.

Managed loan payments of up to 200 properties on a monthly basis.

Oversaw Accounts Payable and Accounts Receivable, renegotiating numerous vendor contracts to optimize costs.

Analyzed company expenditures, ensuring proper allocation of expenses in line with budget.

Prepared monthly bank reconciliation of up to 50 accounts.

Managed and documented vendor related documentation: POs, vendor set-up, W-9s, COIs, 1099 forms.

Performed CAM & RET Reconciliations, assisted tenants with explanations and supporting documentation.

Financial Analyst / Staff Accountant

BMK & Co. Construction company Russia

2000 – 2006

Prepared budget reports for investors, forecasted cash flow and revenue, and conducted analysis using various ratios.

Provided lenders with financial reports and addresses inquiries regarding financial performance.

Filed corporate taxes and ensured compliance with local tax regulations.

Staff Accountant

Izhmoloko Retail Russia

1995 – 2000

Managed comprehensive accounting tasks, including AP, AR, reconciliations, and financial reporting.

Education

BS in Accounting, Moscow State University MESI, Russia 2005 (Evaluated to US standards)

Professional Certifications

CPA Certification

Passed Financial Accounting and Reporting (FAR) - US GAAP

July 2013

US Federal Income Taxation

University of North Alabama, Florence, AL

2011

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