Adrienne Gelbart

Full-cycle accounting for a Real Estate Brokerage.

• Financially manage 34 offices and 490+ agents across Ontario.
• Oversee Deal and Accounting daily operations.
• Monitor and maintain the Real Estate Trust Account in accordance with RECO and TRESSA.
• Managed payroll and commission processing for 490+ agents weekly and 15 employees bi-weekly in accordance with Brokerage policy, compliance with Revenue Canada and TRESSA.
• Reconciliations of the Real Estate Trust, Commission Trust and Operating bank accounts.
• Reconcile balance sheet accounts and preparation of monthly and annual financial statements.
• Preparation of T4 / T4A / T5's and relevant summaries.
• Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
• Introduced internal controls to monitor critical areas of financial control and devised corrective actions to address risks or deficiencies.
• Contract management, commission splits and agent expense management.
• Contributed to hiring, training and development of accounting teams.
• Assisted team members in transitioning to new system through extensive training and one-on-one support.

• Prepared tax returns for clients in various industries according to government regulations and requirements.
• Reviewed clients tax filing papers thoroughly to determine eligibility for additional tax credits or deductions.
• Researched complex tax issues utilizing online resources and professional tax software.
• Communicated with clients regarding tax situations, providing guidance on financial decisions.
• T3 Estate Return and Deceased Returns Specialist

• Daily bank, vendor, customer entries e.g., deposits, cheque runs, EFT's, purchase invoices, billing, and cash flow reports.
• Purchase orders, RFQ, and procurement, liaising and developing relationships with suppliers.
• Inventory control, annual inventory count, related journal entries, inventory valuation.
• Bi-weekly payroll, reconciliations. monthly remittances, employee expenses, annual T4's related remittances.
• Monthly journal entries, accruals, prepaid expenses, fixed asset control, depreciation, cost of goods sold entries, project analysis, project costing and bill of materials.
• Monthly bank and credit card reconciliations, and related allocations and entries.
• Intercompany transactions and reconciliations.
• Preparation of monthly financial statements and related entries.
• Quarterly HST, WSIB and EHT reconciliations and remittances.
• Year-end journal entries, reconciliations, preparation of schedules, audit preparation, and final annual financial statements.
• Financial Project Management of a 4M Relocation.
• Microsoft Navision, Business Dynamics 365.
• Manufacturing, Supply Chain Management and Inventory Control.

• Individual (T1) Income Taxes: Self-employed, Investments, Real Estate, Disability Claims.
• Corporation (T2) income tax.
• HST Calculations and Remittances.
• Payroll calculations and liability remittances.
• WSIB calculations, reconciliations and remittances.
• General ledger journal preparation and posting.
• Bank, credit card and general ledger reconciliations.
• Security holdings cost base and capital gains calculations.
• Asset and depreciation calculations.
• Financial statement preparation.
• Combined financial statement preparation.
• Self-employed serving real estate, investors, land development, restaurants, hospitality, and other small businesses.