Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Timeline
Generic

Brandyn Crockett

Everett,MA

Summary

Accomplished Accounting Manager with a proven track record at Core Investments, Inc., adept in financial reporting and budget performance analysis. Excel in supporting month-end closings and financial statement preparation, demonstrating exceptional proficiencies with multiple accounting software programs and leadership skills. Streamline financial processes, enhancing efficiency across the team's portfolios.

Overview

7
7
years of professional experience
1
1
Certification

Work History

Accounting Manager

Core Investments, Inc.
08.2022 - Current
  • Close the monthly and quarterly financials for 20 or more properties, both residential and commercial.
  • Close the monthly or quarterly financials for the overall corporate entities.
  • Complete monthly and quarterly bank reconciliations for 20 or more properties.
  • Create the master budget for the corporate entities to properly allocate overhead down to the various properties in the portfolio on a department-by-department basis.
  • Post closing entries to record the acquisition, sales, and refinance of properties in the portfolio.
  • Review and approve invoices for posting and payment.
  • Assist and consult with upper management on the process of creating a uniform financial reporting package using programs such as OfficeConnect, Workday, and Adaptive Planning.
  • Set up one-time and recurring ACH payments for tenants.
  • Work with third-party property management firms to coordinate lease payments from tenants and escalatable expenses.
  • Take control of the 1099 process for our 80+ different legal entities to provide our vendors with the proper tax forms for annual filings, and follow up with any issues that may arise thereafter to ensure compliance.
  • Handle the monthly financial reporting for the only café/restaurant in the company's portfolio.
  • Conduct monthly inventory for the café to ensure an accurate representation of the cost of goods sold.
  • Create an operating budget for the café to establish goals that reflect the current initiatives of the board.
  • File monthly sales tax payments for the café.
  • Assist staff accountants with any issues arising while completing their monthly financials.
  • Review the monthly and year-end financial workbooks produced by staff accountants, and provide them feedback for areas of improvement.
  • Advise staff accountants on how to prioritize their responsibilities to allow them to focus more on the important functions of their roles, as opposed to their more mundane tasks.
  • Act as a liaison between the property accountants and the leadership team to reinforce a symbiotic environment that produces useful information for the decision-makers and provides direction for the staff.
  • Provide support for the café manager during monthly board meetings with the owners to provide a financial narrative, with updates on progress towards current and future objectives.

Staff Accountant 2

Hersha Hospitality Management LP
06.2019 - 08.2022
  • Closed the monthly financials for up to 8 hotels in the region’s portfolio over the course of a 10-day turnaround period while following SOX/GAAP reporting standards
  • Posted all GJ entries, adjusting entries, accrued expenses, prepaid expenses, and below GOP expenses (mortgage interest, insurance, real estate taxes, depreciation, amortization, etc.)
  • Reconciled all AR ledgers and related liability accounts (Guest, City, Advance Deposit) to balances from the night audit reports sent from the hotels at month-end
  • Reconciled all room revenue and room statistics to balances from the night audit reports sent from the hotels at month-end
  • Reconciled revenue to cash each month to make sure all revenue is accounted for month-end
  • Reconciled any other balance sheet accounts with open balances at month-end (accrued expenses, accrued bonuses, various payables, etc.)
  • Posted inventory adjustments based on counts sent from the hotels at year-end in Q4 of each cycle
  • Submitted franchise brand-related invoices for payment
  • Performed variance analysis (in comparison to forecast) for the P&L of each hotel during close to indicate potential discrepancies or unexpected occurrences during the month
  • Created operational and financial narratives after closing the books for each hotel to explain any of the discrepancies or unexpected occurrences found while performing the variance analysis as well as give an outlook for the performance of each hotel during the month
  • Completed the next year budget for each hotel with a focus on operating and below GOP expenses
  • Updated the monthly, quarterly, and annual forecast for each hotel on an ad-hoc basis
  • Completed monthly bank reconciliations and cash flow forecasts for each hotel in the NY region portfolio (20-22 hotels on average)
  • Completed monthly ownership reporting packages for ownership group clients based on SOX/GAAP standards (financial statements, hotel statistic reports, AR aging, AP aging, etc.)
  • Completed additional consolidated financial statements for an ownership group that owned 7 different hotels in the portfolio along with any intercompany transactions that needed to be made and allocated out accordingly (shared insurance, real estate tax, mortgage interest, etc.)
  • Coordinated with external auditors (PWC & KPMG) to provide documentation for any monthly, quarterly, or annual audit requests
  • Performed weekly cash flow projections to assist with a struggling hotel that management was trying to prepare for sale
  • Assisted and guided newer team members that had questions or were having issues with their responsibilities


Para-Professional

The Bottom Line, Inc.
05.2018 - 10.2018
  • Closed the monthly financials for up to 25 franchisee clients consisting of Jersey Mike’s and Domino’s Pizza stores with a 12-day turnaround period
  • Posted all GJ entries, adjusting entries, accrued expenses, prepaid expenses, and fixed asset expenses
  • Compiled the monthly financials for each client I was responsible for closing in the portfolio
  • Completed monthly bank reconciliations
  • Coordinated with AP regarding any issues with vendor checks not clearing the bank
  • Coordinated with payroll in the event of payroll discrepancies
  • Coordinated with collections regarding any issues with customer payments not clearing the bank
  • Provided tax accountants with any accounting-related documentation requested while preparing tax returns


Education

Bachelor of Science - Accounting

Kutztown University of Pennsylvania
Kutztown, PA
05-2018

Associate of Applied Science - Information Technology

Kaplan University
Online
08-2015

Skills

  • Financial Statement Review
  • General Ledger Accounting
  • GAAP Compliance
  • GAAP Proficiency
  • Financial Reporting
  • Financial Statement Preparation
  • Month-End Closing Management
  • Intercompany Transactions
  • Consolidation Accounting
  • Staff Oversight
  • Excel Proficiency
  • Microsoft Dynamics GP Expertise
  • QuickBooks Expertise
  • Sage Intacct Proficiency
  • OfficeConnect Proficiency
  • Workday Adaptive Planning Expertise

Accomplishments

Streamlined the 1099 reporting process for 85+ entities at Core Investments, Inc. to ensure accurate and timely compliance with tax authorities. Created the SOP for this process as well.


Led the transition of the accounting and financial reporting for the lone cafe/restaurant in the Core Investments, Inc. portfolio back in-house from a third party who was unsatisfactory.


Led the transition of the accounting and financial reporting for multiple operating properties in the Core Investments, Inc. portfolio both back in-house from and outward to third party accountants depending on the specific needs of upper management.


Led the Core Investments, Inc. accounting team in combination with the assistant controller to acclimate them to both the residential and commerical properties in the portfolio to provide the necessary context and insight to operate effectively and efficiently.


Certification

Certified Public Accountant, 04/22, Pennsylvania Board of Accountancy, License #CA066859



Timeline

Accounting Manager

Core Investments, Inc.
08.2022 - Current

Staff Accountant 2

Hersha Hospitality Management LP
06.2019 - 08.2022

Para-Professional

The Bottom Line, Inc.
05.2018 - 10.2018

Bachelor of Science - Accounting

Kutztown University of Pennsylvania

Associate of Applied Science - Information Technology

Kaplan University

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Brandyn Crockett