KAREN HALEY

adxite@r.postjobfree.com

** **** **** *****, ************, PA 19426

610-***-****

SUMMARY

Developed and implemented strategies for horizontal and vertical expansion of services to increase revenue for multi-entity corporations in the Real Estate Industry. Implemented cost saving accounting and operating procedures to promote efficiency and increase revenue by reducing expenses by over 100,000.00 per year. Developed relationships as a liaison with investors; vendors; partners; shareholders; tenants; townships and communities to affect the continuity of the objectives, and mission of the corporation in resolving conflict. Developed accounting procedures to ensure efficiency and lean processes of the corporation. Created accounts receivable processes to reduce collections to a 30-day receivable threshold. Prepared annual budgets and proforma statements with an emphasis on global trends, market penetration, long-term sustainability, and competition through market analysis.

PROFESSIONAL EXPERIENCE

The HOW Group, Conshohocken, PA

Senior Property Accountant August 2019 -Present

●Assist in training, assigning, and reviewing the work of less experienced staff.

●Establishes and maintains close working relationships with Regional Managers, Property Managers, and other field personnel to ensure the accounting properly reflects the operations.

●Liaison between home office and property/regional employees in overseeing accounting policies, procedures, mediation, tenant ledger accounts and resolving accounting related problems.

●Recorded fixed asset acquisitions, expenses, and dispositions of real estate portfolios. Tracked project costs into fixed asset accounts, closed out those accounts once projects have been completed.

●Reconciled the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger.

●Reviewed and updated the detailed schedule of fixed assets and accumulated depreciation.

●Reviews variances in financial statements through a compilation of, reviews, and evaluating budget costs.

●Recommend to management whether fixed assets should be disposed of.

●Preparation and review of accrual and cash based workpapers supporting the monthly close process.

●Conducted analyses related to current or potential acquiring of fixed assets.

●Tracked company expenditures for fixed assets in comparison to the capital budgets and management authorizations.

●Managed all general ledger and accounting functions.

●Managed monthly review of overhead expenses, weekly, monthly quarterly, and annual true-us.

●Ensures debt, real estate tax and insurance payments are made in a sage and timely manner.

●Oversaw and completed contractor billing.

●Provided cost analysis and completed cost accounting for construction projects.

●Responsible for monthly replacement reserve and capital reserve processing

●Assists with special projects and due diligence as requested.

LEGEND PROPERTIES, Conshohocken, PA October 2018 - July 2019

Sr. Property Management Accountant

●Responsible for all Accounting: A/P, A/R, Journal Entries, Reconciliation of Bank Accounts and Cost Analysis for multi-portfolio management entities in the Commercial Retail, Real Estate and Construction Development Industry

●Responsible for producing Financial Statements: Income / Expense, Balance Sheets, Trial Balance, and Rent Rolls

●Responsible for job costing and development costs

●Responsible for tenant relations, vendor relations and cost accounting of vendor and Tenant financial analysis

●Financial allocation of land, material, and structure designation of fixed assets

●Prepared and managed general ledger entities in accordance with US GAAP

●Handled and prepared sales tax and 1099 filing

●Maintained, tracked, and processed PTO, payroll, and subcontractor payments

●Managed sub-ledgers and reconciled intercompany accounts

●Performed analysis of reported material variances to the controller

●Continuously improved processes and identification areas of efficiency

●Verified financial statements and reconciled proprietary software for reporting.

●Mediated and resolved issues with receivables to ensure tenancy long-term tenant occupancy.

VARIOUS CONTRACT SR. ACCOUNTANT POSITIONS, Montgomeryville, PA October 2017 - October 2018

Marvin's Home Remodeling / Southern Affordable Movers / Spineo, Inc.

●Recommended to management any updates to accounting policies related to fixed assets

●Recorded fixed asset acquisitions and dispositions in the accounting system

●Tracked project costs into fixed asset accounts, closed out those accounts once projects were completed

●Reconciled the balance in the fixed asset subsidiary ledger to the summary-level account in the general ledger

●Reviewed and updated the detailed schedule of fixed assets and accumulated depreciation

●Investigated the potential discrepancies of fixed assets

●Conducted periodic accounts of fixed assets

●Recommended to management whether fixed assets should be disposed of

●Conducted analyses related to current or potential acquiring of fixed assets

●Tracked company expenditures for fixed assets in comparison to the capital budgets and management authorizations

●Managed all general ledger and accounting functions

●Processed accounts payable via 3-way match

●Oversaw and completed construction billing

●Provided cost analysis and completed cost accounting for construction projects.

Giuliani Home Builders, Oreland, PA October 2017- October 2022

Comptroller and Corporate Business Liaison

Preparation of quarterly, and yearly budget and forecasting with an emphasis on shifts in material costs and trend analysis.

Prepare the Monthly, Quarterly, and Annual Financial Statements for ownership and shareholders.

Review and completion of financial package reporting.

Developed and completed processes for the monthly, quarterly, and annual closing procedures.

Developed accounting processes, insurance plans, health benefits and employee incentives.

Managed payroll; sub-contractor payments and distributions.

Prepare all estimated tax payments for the principals, shareholders, and partners.

Monthly review of overhead expenses, general ledger maintenance, elimination entries and true ups.

Investor relations: Maintained investor relations by developing business relationships, community relations strategies, vendor relationship enhancement and business relationships within communities.

Manage, developed and completed the investor distribution process.

Assist and complete corporate tax filings.

Monthly budget-to-variance analysis; corrective entries and year end true-up.

Oversaw and completed construction billing with emphasis on adherence to proper cost structures.

Conducted monthly, quarterly and year- end close procedures and monitored periodic review of fixed assets.

BRIDGE TOWER PROPERTIES, Dallas, TX April 2014 - October 2017

Assistant Controller

●Maintained and oversaw accounts payable, accounts receivable, payroll and general ledger activities for numerous entities and construction projects

●Prepared and managed general ledger entities in accordance with US GAAP

●Maintained, tracked, and processed PTO, payroll, and subcontractor payments.

●Managed sub-ledgers and reconcile intercompany accounts

●Assisted with annual property tax filing.

●Oversaw asset structures and depreciation of corporate and real estate assets

●Performed analysis of reported material variances to the controller

●Continuously improved processes and identification of areas in need of efficacy

●Verified financial statements and reconciled proprietary software for reporting.

Managed, implemented, and prepared monthly investor distributions.

Prepared all rent roll reporting to banking facilities and investors through financial package preparation.

Managed rental collections and property management collection procedures.

Prepare all estimated tax payments for the principals, shareholders, and partners.

Maintained investor relations by developing business relationships, and communication that ensures the professional branding of the corporation.

Manage the day-to-day accounting operations for multiple entities, including general ledger maintenance, accounts receivable, accounts payable, rent rolls and intercompany transactions.

Responsible for monthly closing and financial reporting for multiple entities according to schedule.

Manage all reimbursements within the multi-entity management portfolios to record debt, expenses, and loans to the proper intercompany management company.

Conduct general account reconciliation entries and review reconciliations prepared by internal accounting staff.

Responsible for recording all multi-entity asset depreciation and 1099 reporting.

Review cash disbursements prior to release and ensure compliance with company internal control policies.

Manage the process for accounting for special transactions or projects, including accounting system implementation, special needs internal reports, and research newly encountered accounting transactions.

Developed and managed insurance policies through the implementation, oversight, analysis of pricing, procedures, and recording.

Established new operating accounts with accounts, sweep procedures, streamlining and termination of dormant bank accounts.

Monthly BVA Analysis; T12 review, corrective entries, and year end true-up.

Established procedures to train and implement software conversion with accounting staff.

BAM DEMOLITION, Philadelphia, PA June 2005 - April 2014

Internal Accountant k (Maintained Two Roles in Working with Lloyd Industries

Due to Fluctuations During Seasons)

●Ensured end-to-end office operations including mediating issues with general contractors, vendor selection.

●Served as liaison with existing sub-contractors, general contractors, unions, employees, and agency officials in establishing and maintained communication, dealing with complaints, payments, labor related issues and payments

●Responsible for all accounting and financial planning activities including monthly close, budgeting, accounts payable, accounts receivable and payroll.

●Managed, directed, and implemented strategies to reduce payroll and operations expenditures.

●Implemented cost analysis, and internal controls.

●Performed market-based analysis on services, materials, wages, and operational expenditures.

●Oversight and management of invoicing procedures and AIA billing.

Lloyd Industries, Inc., Montgomeryville, PA Montgomeryville, PA 12/07 – 9/08

Acting Controller

Managed, directed and implemented strategies to reduce payroll expenditures by approximately $100,000.00 within the first four months of service.

Reduced insurance liability premiums by approximately $60,000.00 dollars within the first six months by eliminating unnecessary resources and improving efficiencies.

Worked with management and union leaders to successfully negotiate in one setting to make addendums to current contracts with $35,000.00 annually savings.

Demonstrated compliance leadership with OSHA and reasoning with company officers to take proper action to thwart closing the plant for past safety, and EPA violations.

Perform market-based analysis on products, materials, services, and operational expenditures, established new pricing mechanism for products and services, and ensured long term sustainability of the company by designing strategies to increase efficiencies, productivity, overtime expenditures by restructuring schedules, changes to company policy, cross-training and the implementation of teams.

Implemented cost analysis, and internal controls to determine and eliminate any issues of employee pilferage and theft. Increased employee retention: reduced the levels of employee callouts with personnel by implementing effective work schedules that promote morale and reduced payroll expenses by 25%.

Preparation of quarterly, and yearly budget and forecasting with an emphasis on shifts in material costs and trend analysis.

Managed expense reports with processing of distribution payments to owners, management and refunds due to the corporation.

Developed and managed insurance policies through the stages of implementation, oversight, analysis of pricing, procedures, and recording.

Prepare, record and administer quarterly, and annual owner distributions.

Established new operating accounts with accounts, sweep procedures, streamlining and termination of dormant bank accounts.

Monthly budget-to-variance analysis; corrective entries and year end true-up.

PHILADELPHIA POLICE DEPARTMENT, Philadelphia, PA November 1997 - November 2002

Police Officer

●Applied various approaches for enforcing local ordinances, traffic codes and the Crimes Code of PA through proper internal and external communications

●Fostered community relations and improved communications to help resolve public health and safety issues within diverse communities.

●Handled crisis management, community assistance programs, and provided first aid and medical assistance as necessary

●Conducted criminal investigation strategies to help resolve complaints and to settle local disputes, traffic controls and accident investigations

EDUCATION

WALDEN UNIVERSITY, Minnesota, MN

Master of Science in Clinical Mental Health Counseling Psychology Candidate (In Progress, November 2024)

GPA 3.87

EASTERN UNIVERSITY, St. David's, PA

Bachelor of Science in Business Administration, April 2012

Relevant Coursework: Accounting and Marketing

SKILLS

QuickBooks, Excel, Buildium, Skyline, Yardi, Sage, Solution Oriented, Detail Oriented, and Result Driven

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