Michelli Riddle

Third party property management services. Financial reporting applying generally accepted accounting principles (GAAP) on a cash and accrual basis, for a portfolio of 13 commercial and retail properties with multiple reporting deadlines. Work in conjunction with Property Management team to provide excellent customer service to Clients.
• Reconcile general ledger accounts on a monthly basis
• Reconcile balance sheet and income accounts, maintain monthly schedules
• Formulate and post journal entries (accrued expenses,  prepaids, loan agreements, fixed asset depreciation, bad debt)
• Calculate funding and distribution requests.  Cash activities include wires, tenant ACH’s, reconciling bank accounts
• Calculate sales taxes and file monthly returns, reconcile and pay property taxes
• Review and approve accounts payable invoices for payment.  Process annual 1099 reporting
• Review and post monthly tenant charges, input and post bill back invoices, review and post tenant cash receipts, tenant moveouts and refunds, generate rent statements
• Sales Tax Specialist.  Assigned the responsibility of requesting new transaction privilege tax licenses, setup online access for sales tax engagement under AZDOR property management requirements.  Assist accountants with sales tax issues as designated appointee contact with AZDOR.

Property Accountant 2009 to 2010
 

Property management accounting for a portfolio of 10 owner managed medical office buildings located throughout the country.
• Review general ledger for reasonableness, process reclass and monthly journal entries as needed, review for revenue and expense accruals, reconcile straight line rents and bank statement reconciliations. Prepare financial reporting packages and monthly/quarterly budget variance analysis.
• Tenant charge processing, monthly statements, reconciliation of monthly/annual CAM’s.  Process tenant move outs including fixed asset disposal, revenue write off, deposit refunds.  Assist Property Managers with tenant inquiries.
• Property Tax consolidation.  Created and maintain database for over 400 tax parcels, reconcile actual tax to general ledger, ensure tax payments scheduled and processed, year over year analysis of tax data for senior management.
• Promoted to Senior Accountant in March 2016.

Property management accounting functions for 10 owner managed medical office buildings.
• Review general ledger for reasonableness, process monthly and reclass journal entries as needed, review and maintain recurring journal entries, revenue and expense accruals, straight line rent reconciliation and bank statement reconciliations. Accounts payable review/approval. Tenant lease abstract review.  Assisted with software conversion from MRI to Yardi.

Property management accounting functions for 20 residential apartment properties.
•   Daily cash reconciliation, tenant security deposit auditing and refund processing. Expense accruals and budget variance analysis for monthly financial reporting. Utilized MRI software for tenant accounting and Great Plains software for general ledger accounting.
• Job cost: Accounting responsibilities for a remodeling project for a 236-unit apartment complex.  Prepared and submitted construction draws, coordinated subcontractor payments and lien waiver tracking. Liaison to construction lender. Produced project monthly reporting and budget analysis. Implemented and trained others on Timberline software.