Farah Madani
Omaha
Summary
Professional accountant with solid background in property accounting, lease abstracting, budgeting and NNN reconciliation, with ability to streamline accounting processes and delivering accurate financial reports.
Overview
17
17
years of professional experience
Work History
Senior Property Accountant
Access Commercial
08.2021 - Current
- Prepared for year-end audit cycle by compiling documentation for income statement and balance sheet accounts.
- Analyzed and reported financials for many commercial properties monthly.
- Completed year end NNN reconciliations for numerous commercial tenants.
- conducted revenue projections based on budgeted expenses and Income
- Abstracted commercial leases for budgeting and revenue projecting purposes.
- Verified accounts payable documentation and generated weekly check runs to pay tax and liabilities before predetermined deadlines.
- Evaluated real estate leasing and accounting functions to determine transaction accuracy and revenue generation value.
- Dealt with tenant invoices, balances and payments for many tenants in commercial properties.
- Assisted with construction mortgage draw process
- Reviewed numerous financial statements for accuracy and determined compliance with generally accepted accounting principles.
- Performed electronic banking transactions and completed bank reconciliations to obtain comprehensive picture of organization bank accounts.
- Communicated with finance department in regards with cash management
- Communicated with property managers and guided them in performing their accounting duties
- Reviewed accounts, resolved coding areas, and tracked recurring expenses
Budget Director
DP Management
06.2008 - 08.2021
- Prepared annual budgets of many commercial properties
- Created and updated excel spreadsheets to track, model and analyze vital fiscal information.
- Used Excel and Yardi advanced budgeting software to create financial models.
- Directed preparation of regular and special budget reports
- Prepared regulatory financial reports, balance sheets and income statements.
- Established and checked coding procedures, monitored reports and updated internal files.
- Calculated revenue based on tenants' % of sales
Education
Bachelor of Science - Accounting
University of Nebraska At Omaha
Omaha, NESkills
- Performing every day accounting duties, such as entering receivables, payables, and journal entries
- Reviewing, analyzing, and preparing monthly financial reports
- Reconciling more than 50 bank statements monthly
- Communicate with property managers and guiding them on their accounting duties
- Preparing annual budgets for more than thirty commercial properties
- Lease abstracting and calculating tenants' estimated charges based on budgeted expenses
- End of the year reconciliation of tenant charges
- Communicating with finance department in regards with cash management
- Helping development department with mortgage draw process
- Proficient in working and administering Yardi Voyager, Yardi Breeze, and AppFolio property accounting software
Additional Information
One year experience of working from home during Covid 19 Pandemic
Languages
Farsi
Native or Bilingual
Timeline
Senior Property Accountant
Access Commercial
08.2021 - Current
Budget Director
DP Management
06.2008 - 08.2021
Bachelor of Science - Accounting
University of Nebraska At Omaha
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