Chinmay Batra
Summary
Experienced Property Accountant with a strong background in full-cycle accounting for residential and commercial real estate properties. Proven expertise in efficiently managing month-end closing processes, preparing accurate quarterly reports, and producing comprehensive year-end financial statements. Skilled in developing and implementing annual budgets for residential and commercial properties, ensuring successful CAM/TAX recoveries.
Overview
7
7
years of professional experience
Work History
Intermediate Accountant
Salthill Capital
Toronto, ON
11.2024 - Current
- Preparation of monthly/quarterly reporting packages (including financial statements, work papers, and supporting schedules)
- Intercompany charge backs and monthly GST/HST filling
- Creation of working papers, recovery models, budgets, etc for smoot functioning of properties
- Bank reconciliations, tenant’s account reconciliation, and assist with collection process
- Preparation of annual final CAM and Tax billing/lease review
- Month-end/recurring journal entries
- Preparation of annual budget
- Preparation of annual year-end audit working papers and liaison with auditors during field work period
- Preparation of tenant/vendor chargebacks as needed
- Liaise with Property Managers and Asset Managers regarding related accounting matters
- Cash flow management and cash calls, when required
- Assist with acquisition and disposition analysis and preparation of closing statement of adjustments, when necessary
- Monthly reporting including preparing financial statement and reporting to senior management
Property Accountant
Page Property Management
Halifax, Nova Scotia
01.2024 - 11.2024
- Updated working papers for YE financial statements for a combination of residential and commercial properties, including plazas
- Lead the annual property budgeting and quarterly forecasting/variance reports
- Prepared month end journal entries, bank reconciliation, amortized entries of prepaid expenses/building depreciation, etc
- Performed reconciliations of property accounts, including bank accounts, receivables, payables, and general ledger accounts
- Monitored project costs and processing work orders and purchase orders against correct charge code/G/L account
- Prepared and reconciled HST for all properties in portfolio
- Performed security deposit accounting, residential monthly expense reports, condominium accounting and monthly rent roll
- Conducted YE CAM/Tax reconciliations and accrual adjustments for commercial properties
- Analyzed new lease terms and conditions to assist with setting up new properties in Yardi
Property Accountant
TJ Investments Inc
Halifax
02.2020 - 12.2023
- Performed month-end and year-end closing activities, including journal entries, accruals, and reconciliations for both commercial and residential properties
- Assisted in construction accounting for new construction residential projects
- Worked with vendors and property managers to check all change orders, confirmed inclusion of additional costs in project job costs and estimates to complete
- Prepared HST reconciliation and remittances on a monthly basis
- Maintained accounts payable and accounts receivables for all properties
- Performed reconciliations between general ledger, bank accounts, and credit card accounts to ensure accuracy of financial information
Book keeper/Junior Accountant Internship
Insight Transportation Solutions Inc
Winnipeg
03.2019 - 12.2019
- Updated accounts receivable, accounts payable and issued invoices
- Generated and analyzed various financial reports using QuickBooks and Excel to provide insights on financial performance and trends
Sales & Customer Service Representative
Greenlight contact solutions
Montreal
11.2017 - 12.2018
- Executed unique customer due diligence via inbound calls from existing customers in a trigger event
- Streamlined consultative sales approach by making core sell, upsell and cross sell
- Implemented effective advertising and marketing campaigns
Education
Human Resources Management -
University of Manitoba
01.2020
Business Administration -
Concordia University
01.2019
Bachelor of Commerce -
Panjab University
01.2017
Skills
- FP&A
- YARDI / MRI
- SAGE INTACCT
- GAAP
- IFRS Accounting
- Microsoft Excel
- CPA Candidate
Timeline
Intermediate Accountant
Salthill Capital
11.2024 - Current
Property Accountant
Page Property Management
01.2024 - 11.2024
Property Accountant
TJ Investments Inc
02.2020 - 12.2023
Book keeper/Junior Accountant Internship
Insight Transportation Solutions Inc
03.2019 - 12.2019
Sales & Customer Service Representative
Greenlight contact solutions
11.2017 - 12.2018
Business Administration -
Concordia University
Bachelor of Commerce -
Panjab University
Human Resources Management -
University of Manitoba