ARDI Voyager, YARDI Payscan, QuickBooks and MDS
Karam Seliman
Senior Property Accountant
Staten Island,NY
Summary
Proactive Property Accountant with 20 years' experience in managing accounting functions for big companies. Professional and determined worker with a commitment to long-lasting client relationships. Prepared to bring talent, leadership and expertise to growing team.
Overview
27
27
years of professional experience
Work History
Property Accountant
Reliant Realty Services
New York, NY
02.2019 - Current
- Responsible for a portfolio of 15 properties.
- Report cash flow statements
- Reconcile bank statements weekly & monthly
- Reconcile Escrow Accounts
- Journalize various expenses as needed
- Review the general ledger for inaccuracies daily and monthly
- Analyze and review GL accounts in a detail and organized fashion
- Ensure subsidiary ledgers match the trial balance
- Produce Monthly reports
- Process security deposits
- Handling all tenants security activities
- Posting Move-In & Move out
- Record write-off
- Enter adjusting journal entries
- Year-end close and audit preparation
- Report Budget vs Actual on a monthly and periodically
Property Accountant
Prestige Management Inc
Bronx, NY
04.2018 - 01.2019
- Prepare financial reports and property analysis to management and owners on timely manner
- Report cash flow statements
- Analysis statements and prepare Journal entries for month end close
- Analyze and review GL accounts in a detail and organized fashion
- Reconcile all bank accounts including Operation account , Equity accounts , MPCA accounts, First sale-equity account and reserve accounts
- Process the monthly end close while interacting with various departments
- Reconciling and Monitoring accounts payable , accounts receivable to be tie up with General Ledger
- Maintain construction project billing and intercompany transactions
- Prepare annual budget and coordinate with property managers
- Report Budget vs Actual on a monthly and periodically
- Record all accruals for expense has not recognized on the month
- Submit RPIE reports to NYC-DOF online annually
- Working closely with external auditor and resolve all audit issues for annual report
Accounting Manager
Northeast Brooklyn Housing Development Corporation
Brooklyn, NY
09.2006 - 03.2018
- Manage all aspects of daily accounting operations including daily reporting of cash flow and projections, cash management and check signing
- Manage journal entries for reserve accounts (operating, replacement and SS tenants)
- Reconcile over than 60 bank accounts
- Analyze general ledger accounts and adjust journal entries
- Analyze and manage vacancy loss report
- Review vendor invoices for accuracy and proper GL-coding
- Reconcile accounts receivables against GL
- Prepare all periodic financial reports to satisfy contractual, legal obligations
- Prepare monthly financial statements and Cash Flow Statement
- Interface with independent auditors for year-end audits and certification of financial statements
- Implement journal entries as per audit recommendations
- Prepare annual budgeting and cash forecasting and analyzes reports variances
- Oversight of Organization’s Finance Department to ensure maintenance of all accounting systems and functions and provides ongoing support and supervision
- Prepare interim and annual financial statements with supporting schedules for management and the Board of Directors
- Maintain the organizations system of accounts, books and records on Organization transactions
- Furnish internal reports to the CFO and CEO, revise and update reports to be more useful and efficient, furnish external reports as necessary and make recommendations which outline the organizations financial position in the areas of income, expenses, growth and retractions
- Oversee funding from government agencies, and the application and compliance aspect of that work, working closely with the Director of Asset/Property management.
Accounting Manager
Mövenpick Resort, InterContinental Resort and Sonesta St. George Luxor Hotel
Luxor, Egypt
06.1995 - 05.2006
- Very strong experience in pre-opening hotels with Mövenpick and Inter-Continental Hotels
- Managed and communicated cash flow related issues. Which included the accurate and timely preparation of cash flow statements, management of receivables, payables, cash balances, control mechanisms and timely deposits of all funds.
- Monitored hotel revenues and expenses and ensure the accurate recording in accordance with company established guidelines. Investigate and critique variances to budget or to prior year and offer practical improvement methodologies to management.
- Prepared all financial reports in accordance with company requirements meeting various due dates and deadlines.
- Analyzed financial data and operations in order to assist and advise management in maintaining the hotels’ financial objectives.
- Ensured that all balance sheet accounts, including bank reconciliation’s are reconciled on a timely basis.
- Established and continually audit all internal financial controls including purchasing, cash handling, disbursements, inventories, hotel assets, master keys, payroll, and employee records.
- Ensured implementation and completion of all Accounting Key Competencies, both management and hourly.
- Monitored the accurate production of the hotel daily report.
Education
Bachelor of Science - Accounting & Business Administration
Cairo University
Cairo, Egypt 05.2001 -
Skills
Software: YARDI Voyager, YARDI Payscan, QuickBooks and MDS
undefinedSoftware
Timeline
Property Accountant
Reliant Realty Services
02.2019 - Current
Property Accountant
Prestige Management Inc
04.2018 - 01.2019
Accounting Manager
Northeast Brooklyn Housing Development Corporation
09.2006 - 03.2018
Bachelor of Science - Accounting & Business Administration
Cairo University
05.2001 -
Accounting Manager
Mövenpick Resort, InterContinental Resort and Sonesta St. George Luxor Hotel
06.1995 - 05.2006
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