Summary
Overview
Work History
Education
Skills
Timeline
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Elizabeth Slack

Houston,TX

Summary

Dynamic Director of Asset Management at Greystar with expertise in strategic financial forecasting and operational leadership. Proven track record in enhancing profitability through robust financial modeling and optimizing asset performance. Adept at fostering client relationships and guiding teams, ensuring compliance and transparency while driving exceptional investment returns.

Overview

12
12
years of professional experience

Work History

Director of Asset Management

Greystar
07.2017 - Current
  • Maintains and manages client equity relationships and satisfaction by maintaining on-going communication, providing detailed reports, market updates, and financial analysis on the performance of projects, acting quickly and with urgency to address owner concerns, questions, or requests
  • Manages and ensures compliance with debt providers, develops and provides reports to investment committee and equity partners, monitors investment performance, returns, and forecasts through financial modeling, and recommends methods to optimize returns at the asset and subsequently the portfolio level.
  • Creates and manages financial models for joint venture investments to evaluate debt & equity cashflows during the construction and development phase in tandem with lease-up and stabilized cashflows, allowing for evaluation of debt hurdles, potential refinance scenarios and dynamic forecasting of partnership returns.
  • Develops and leads revenue-enhancing and expense containment programs and initiatives at the property level, monitors resident turnover and satisfaction indicators, and identifies and acts on opportunities to drive operational excellence to enhance value.
  • Provides guidance to team members on complex debt and equity structures, ensuring accuracy and compliance
  • Improved cash flow management by implementing robust forecasting models that accurately predicted future revenue streams.
  • Evaluated market trends and economic indicators to make strategic investment decisions, maximizing returns on assets under management.
  • Manages due diligence processes for refinances or divestitures, safeguarding company interests during transactions.
  • Communicates effectively with stakeholders on investment strategies and performance updates, maintaining transparency and accountability.
  • Established strong relationships with investors and debt partners, fostering trust and confidence in the company''s asset management capabilities.
  • Managed junior staff members in industry best practices and ethical standards, promoting professional growth within the team
  • Develops market and asset reviews to evaluate the overall operational and financial results for the asset portfolio, surfaces and discusses issues and potential challenges that threaten portfolio performance, and presents recommendations, plans, and strategies for enhancing value and improving financial returns
  • Measures, evaluates and reports on the portfolio’s performance against budget and investment proforma, managing and monitoring cash flow, making strategic recommendations on asset capitalization, and preparing monthly and quarterly client portfolio/performance reports.


Property Accountant

Greystar
06.2013 - 07.2017
  • Addressed questions from external auditors and provided requested documentation to enable issue resolution.
  • Enhanced financial accuracy by reconciling property accounts and identifying discrepancies in a timely manner.
  • Reviewed numerous financial statements for accuracy and determined compliance with generally accepted accounting principles.
  • Coordinated insurance coverage procurement for properties, ensuring adequate protection against potential risks at competitive rates.
  • Monitored accounts payable and accounts receivable functions to accurately gauge organization cash flow.
  • Safeguarded company assets by establishing effective internal controls over cash disbursement processes.
  • Reduced errors in financial reports by meticulously reviewing and analyzing general ledger entries.
  • Provided guidance and support to junior accounting staff, fostering professional development and a collaborative work environment.
  • Managed the transition of acquired properties into the company''s accounting system smoothly, minimizing disruptions to ongoing operations.
  • Performed electronic banking transactions and completed bank reconciliations to obtain comprehensive picture of organization bank accounts.
  • Assisted property managers with budget preparation, ensuring alignment with financial goals and objectives.
  • Completed personal property tax, business license and business occupancy tax returns and submitted to tax offices.
  • Maximized tax savings through diligent tracking of capital expenditure projects and depreciation schedules.
  • Prepared insightful variance analyses comparing actual results against budgets, allowing management to make informed decisions regarding property operations.
  • Streamlined the month-end close process for greater efficiency, resulting in more accurate and timely financial statements.
  • Implemented new software systems that streamlined property accounting processes, enhancing overall efficiency and productivity.
  • Developed customized reports for internal stakeholders that provided valuable insights into key performance indicators related to property finances.
  • Improved cash flow management by monitoring tenant rent collections and promptly addressing delinquencies.
  • Prepared for year-end audit cycle by compiling documentation for income statement and balance sheet accounts.
  • Collaborated with external auditors to facilitate smooth audits, providing accurate records and responding to inquiries promptly.
  • Conducted internal audits, fixed asset reviews and property inventory evaluations to obtain asset performance information.
  • Prepared working papers, reports and supporting documentation for audit findings.
  • Provided journal entries and performed accounting on accrual basis.
  • Tracked funds, prepared deposits and reconciled accounts.
  • Maintained integrity of general ledger and chart of accounts.
  • Trained new employees on accounting principles and company procedures.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
  • Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.

Education

Bachelor of Science - Accounting And Finance

The University of Texas At Dallas
Richardson, TX
05-2010

Skills

  • Strategic Financial Forecasting
  • Financial Analysis Reporting
  • Process Optimization
  • Problem-Solving Skills
  • Operational Leadership
  • Risk Management and Insurance implementation/claims management
  • Client services
  • Due diligence
  • Portfolio management
  • Data analytics
  • Real Estate Expertise
  • Teamwork and collaboration
  • Time management
  • Problem-solving
  • Multitasking
  • Reliability
  • Critical thinking
  • Excellent communication
  • Organizational skills
  • Team collaboration
  • Active listening
  • Self motivation
  • Interpersonal skills
  • Profitability improvement
  • Staff management
  • Adaptability
  • Budget planning

Timeline

Director of Asset Management

Greystar
07.2017 - Current

Property Accountant

Greystar
06.2013 - 07.2017

Bachelor of Science - Accounting And Finance

The University of Texas At Dallas

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Elizabeth Slack