Jennifer Solorzano
Los Angeles,CA
Summary
Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy. Ready to bring my years of experience and take on a challenging new role.
Overview
10
10
years of professional experience
Work History
Assistant Controller
TruAmerica Multifamily
10.2022 - Current
- Ensure integrity of general ledger accounts through regular reconciliations, adjustments, and detailed documentation.
- Streamlined month-end closing procedures by creating support schedules and workbooks, reducing time spent on manual tasks and increasing efficiency.
- Special Project: Facilitated cross-functional collaboration by partnering with property accounting team on implementing RealPage invoicing aimed at improving collections and overall company performance .
- Mentor junior team members in accounting best practices, fostering a positive work environment and professional development opportunities.
- Collaborate with external auditors to ensure compliance with regulations and successful completion of audits.
- Complete journal entries, reconciliations, and account analysis to prepare quarterly financial statements and general account management.
- Implemented a monthly soft-close to facilitate quarterly financial statement preparation.
- Prepare quarterly forecasting of income, expenses, and cash flow analysis.
- Perform quarterly budget to actual analysis; identify and research significant variances
- Record and reconcile contributions and distributions to provide investors with quarterly financial information.
- Record earnings and losses for each entity by property using the equity method of accounting.
- Record accruals liabilities, such as professional fees, accrued interest expense, and other G&A expenses.
- Review entries booked by junior staff, including accounts payable and accounts receivable.
- Work closely with accounts payable to ensure proper coding of expenses.
- Record debt service, as well as, calculate and record interest expense and maintain schedules in order to provide accurate, up-to-date information to acquisitions team.
- Track sources of revenue/income, such as asset management fees, management fees, construction management fees, rebates from construction, etc., to accurately report income and aid in the collections of aging balances.
- Oversee and assist in intercompany reconciliation to settle balances before month-end.
- Record and amortize prepaid expenses such as, insurance, taxes, memberships, etc.
- Review fixed assets entries and support schedule, then calculate and record monthly depreciation and amortization expense at end of month.
Senior Accountant
Saban Capital Group/Saban Real Estate
09.2017 - 10.2022
- Prepare financial statements and flux analysis for various entities (Private Equity, Corporate, Trusts, Real Estate)
- Review and prepare monthly funding transfers and wires for real estate portfolio's operating partners
- Work closely with operating partners to ensure timely and accurate delivery of financial statements
- Prepare wires and record capital calls and distributions for real estate portfolio
- Prepare wires and record capital calls and distributions to fund investments (Venture Capital, Private Equity, Real Estate, Hedge Funds, International funds)
- Post entries in relation to investment-related activities, such as realized gains/losses, market value adjustments
- Analyze financial audit information and make recommendations to improve efficiencies
- Assist in implementing processes for month end close, as well as implementation of SOX controls in order to improve efficiencies
- Collaborate with bank representatives to handle account openings, account closures, updating authorized signatories, and movement of funds
- Review accounts for discrepancies and resolve variances prior to month end close
- Support monthly general ledger closing activities, including preparing adjusting journal entries and performing reconciliations
- Special Project: Decreased invoicing and receivable cycle times by streamlining billing systems and creating new processes for the A/P team
- Special Project: Implementation of accounting software and streamlining chart of accounts
- Special Project: Establish a month end close process that included pertinent financial statements
- Special Project: Yardi implementation from Sage Intacct
Staff Accountant
Viking River Cruises
08.2016 - 09.2017
- Responsible for processing of weekly commission in multiple currencies, including preparing journal entries and reconciliations
- Responsible for preparing intercompany invoices for month end close and sending to offshore offices
- Collected and arranged financial information in connection with air tickets and performed weekly reconciliations, which resulted in finalized bookings
- Performed monthly reconciliation for revenue from air accounts (soft-dollars, fam air)
- Performed daily cash reconciliations against daily bank feed to effectively track revenue
- Promoted continuous workflow and issue resolution through communication and identification of conflicts
Staff Accountant
First Service Residential
05.2014 - 05.2015
- Worked closely with board of directors and property managers to properly account for special projects that were independent of annual budget for each entity
- Performed electronic banking transactions and completed bank reconciliations in order to maintain accurate financial information for each entity
- Overlooked entries made by A/P and A/R staff to ensure accuracy and correct coding
- Completed daily accounting tasks including tracking funds, preparing deposits and reconciling accounts
- Prepared operating budgets and collaborated with board of directors for each property to finalize annual budgets
- Proactively reconciled ledgers throughout month to facilitate month end process
- Recorded monthly journal entries such as accruals, reconciled balance sheet accounts, prepared financial statements that included budget to actual variance explanations
- Executed investment transactions (i.e., Certificates of Deposit) per board directives
- Maintained and provided board of directors with current rates on investment options
Education
Bachelor of Science - Business Administration
California State Polytechnic University
Pomona, CACandidate -
Certified Public Accountant
CaliforniaSkills
- Cash flow analysis
- Cash management
- Staff Management
- Project management
- Accounting software implementation
- Month-end close
- Account/bank reconciliations
- Preparing financial statements
- Proficient in Excel & Access
- Intercompany Transactions
- General ledger accounting
- Audit preparation
- Yardi, Sage Intacct, RealPage, QuickBooks
Timeline
Assistant Controller
TruAmerica Multifamily
10.2022 - Current
Senior Accountant
Saban Capital Group/Saban Real Estate
09.2017 - 10.2022
Staff Accountant
Viking River Cruises
08.2016 - 09.2017
Staff Accountant
First Service Residential
05.2014 - 05.2015
Bachelor of Science - Business Administration
California State Polytechnic University
Candidate -
Certified Public Accountant