Property Controller

Nelson Wong

*** **** ******* ******, ******, CA *1723 Cell: 949-***-**** Email: ************@*******.***

EXPERIENCE:

RED MOUNTAIN RETAIL GROUP, Santa Ana, September 2005 – July 2009

Red Mountain Retail Group is a real estate operating company engaged in the ownership, management, leasing, development and redevelopment of industrial, residential and commercial real estate properties.

Property Controller (July 2008 – July 2009)

• Managed Grubb & Ellis, the third party management company’s operating portfolio, which included addressing and resolving all balance sheet adjustments, identified monthly financial reporting improvements, and ensuring monthly deadlines were met.

• Restructured the general ledger accounts, generated customized financial reports, bifurcated the property and corporate aspects of the database, during the Yardi Voyager conversion.

• Supervised funding demands, ensured payables were completed in on time, and employee adherence to policy and procedures.

• Generated reports which summarized and forecasted company business activity and financial position in areas of income, expenses, and earnings, based on past, present, and expected operations.

Assistant Property Controller (October 2007 – July 2008)

• Maintained the chart of accounts, new property set-up, bank accounts and user access in Yardi Enterprise.

• Spearheaded the annual budget meetings to gather relevant information, facilitated the flow of ideas from various departments and provided a strategic analysis of the property’s portfolio.

• Reviewed and ensured all purchase, sales and financial transactions were properly recorded according to the company’s policies and procedures and consistent with other staff accountants.

• Coordinated and ensure timely delivery of financial statements, financial reports, special analysis, and information reports.

• Monitored daily cash balances in operating, savings and investment bank accounts to cover obligations and maximize interest earnings.

• Managed a team of seven accountants and the implementation of the company’s internal policies and guidelines.

• Refined and implemented short-and long-range departmental goals, objectives, policies, and operating procedures.

• Maintained real estate taxes, insurance and mortgage schedules to ensure prompt and accurate payment.

• Selected to participate in the mid-level management succession trainings.

Senior Property Accountant (November 2006 – October 2007)

• Coordinated with staff accountants to ensure consistency and efficiency in reporting and processes.

• Communicated internal control and workload concerns to supervisors and department leader.

• Interfaced with investment partners, financial institutions and internal departments to update and discuss issues impacting the property.

• Worked on multiple developing properties varying from PAD build out to lifestyle centers.

• Presented the overall health and financial aspects of the property including status of loan draws, lender financial reporting and cash flow during the team development meetings.

• Supervised, trained and mentored new hires on accounting processes and procedures.

Property Accountant (September 2005 – November 2006)

• Prepared the annual budget, monthly forecasts and cause of change (budget versus actual) analysis on monthly financials.

• Reviewed accounts payable and managed cash.

• Prepared reconciliations and posted journal entries as part of the month-end and quarter-end close.

• Assisted in preparation of annual budgets for assigned properties.

• Reviewed year-end balances to ensure correct balances to forward to tax department.

• Maintained cash control through monthly reconciliation of all bank accounts and periodic reconciliation of other bank accounts.

CHARLES DUNN COMPANY, Los Angeles, October 2002 – July 2005

Portfolio Manager

• Supervised property managers and staff.

• Managed financial, legal and operations of Real Estate Portfolio consisting of 636 multi-family housing units.

• Prepared weekly and monthly reports outlining property performance, budget variances, and expenses.

• Interfaced with multiple governmental agencies, financial institutions, and vendors for compliance requests, services, and products.

• Processed all recurring charges for tenants to ensure they were correct.

• Responded, researched and resolved tenants correspondence.

• Interviewed, hired, and monitored progress for new on-site property managers.

CGM MANAGEMENT, Temple City, July 2002 - October 2002

Staff Accountant

• Performed account payables, receivables and monthly expense reporting for property manager.

• Responsible for monthly billings to tenants and timely receipt of payments.

• Reconciled year end CAM statements.

EDUCATION:

• Bachelor of Arts, Business Accounting

California State University, Fullerton Class of 2001

• Bachelor of Arts, Business Management Information Systems (MIS)

California State University, Fullerton Class of 2001

SKILLS:

• Proficient computer skills (Windows 95/98/00, NT, XP, Vistas; MS Office – Word, Excel, Outlook, PowerPoint; Accounting software – Yardi Enterprise, Yardi Voyager).

• Exceptional ability to establish priorities and effective working with a high volume of work that requires attention to detail. Activities which include the review of financial statements, legal contracts, and verifying weekly deposits.

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