Teresa Malone
Puyallup,WA
Summary
Results-oriented achiever with a track record of surpassing targets and driving success in fast-paced environments. Combining strategic thinking with hands-on experience, consistently delivering impactful solutions that enhance organizational performance. Ability to exceed expectations stems from a strong focus on results and a proactive approach to problem-solving. Proven ability to adapt quickly to changing priorities, thriving in dynamic settings and excelling at driving positive outcomes.
Overview
17
17
years of professional experience
Work History
Property Controller
Thrive Communities
08.2024 - Current
- Oversee all property level accounting functions, including providing leadership to all Accounting Managers and Portfolio Accountants
- Monitor cash flow and financial health of each property
- Provide training and support to Accounting Managers and other staff on financial processes and best practices
- Evaluate procedures and processes for efficiency and adherence to GAAP
- Assist in annual audits and perform walk-throughs of processes with auditors
- Coordinate with Regional Managers to develop and manage property budgets, forecasts and financial projections
- Review and approve property level financial reports and reconciliations
- Provide excellent customer service and professional communication with clients
- Participate in Vistage program for emerging leaders
Senior Accounting Manager
Thrive Communities
01.2024 - 08.2024
- Managed and mentored a team of 10, eight Portfolio Accountants and two Accounting Supervisors
- Created Accounting Associate role and established it within our department
- Lead effective team and department meetings
- Manage month end close process for portfolio
- Present accounting content to other departments and clients
- Responsible for accurate and timely financials for 100+ multifamily and commercial properties
- Cash management and forecasting for portfolio
- Budget preparation and review
- Train and mentor Accounting Managers and Portfolio Accountants
- Implemented prelim process improvements that reduced errors and increased site teams knowledge
- Implemented workflow management software for monthly close process which includes in depth reporting functions
- Served as main contact for client inquiries
- On board and off board properties
- Selected for and participate in Vistage program for emerging leaders
Accounting Manager
Thrive Communities
07.2022 - 12.2023
- Oversee and mentor four Portfolio Accountants
- Review and approve financials for 40+ multifamily and commercial properties
- Calculate and circulate owner distributions
- Treasury management for entire portfolio
- Maintain client relationships ensuring timely responses to emails and phone calls
- Assist site teams and regional managers on financial questions
- Work with other departments to ensure company goals are met
- Implemented a workflow management software that improved accounting effectiveness 50%
- This system provides timely feedback to managers on individual and team performance
- On board and off board properties ensuring all information is in Yardi and supporting schedules are created
Portfolio Accountant
Thrive Communities
12.2019 - 06.2022
- Maintain a portfolio of 14 multi-unit properties
- Prepare and post monthly journal entries
- Perform balance sheet reconciliations
- Balance Sheet and P&L analysis
- Budget preparation and analysis
- Prepare financial reporting packet
- Provide day to day financial support to site teams
- Research and respond to client questions
- Review resident ledgers and approve security deposit refunds
- Review payable batches and approve for payment
- Maintain commercial tenant ledgers
- Perform CAM reconciliations
- Submit property tax payments
- On boarding of new properties
- Off boarding of sold/transitioned properties
- Train and mentor newly hired staff accountants
- Work with other departments and outside vendors as needed
Senior Accountant - Financial Reporting
Restaurants Unlimited INC
12.2018 - 10.2019
- Filed multi-state sales and B&O taxes
- Filed property tax renditions and pay property tax accordingly
- Managed and renewed operating licenses for multiple states
- Performed complex balance sheet account reconciliations
- Participated in month end close and preparation of monthly journal entries
- Provided day to day financial support to restaurant operators
- Reviewed and analyzed brand financial statements for leadership
- Managed financial statement preparation and created new reports as needed
- Worked with vendors and other departments as needed
- Responsible for rebates and other receivables
- Mentored and trained Junior Staff Accountants
- Implemented new inventory workbook program
- Implemented improved systems for accounts receivable which reduced bad debt and improved collection time
- Implemented new systems for reconciliations to meet changing business needs
General Manager
Applebee's
04.2012 - 12.2018
- Tracked and analyzed trends using reporting system
- Entered invoices to ensure timely payment
- Managed budget and created action plans to positively impact financial statements
- Worked with corporate representatives to ensure operational compliance
- Hired, trained and developed restaurant team
- Provided support and mentoring to crew and management
- Maintained a comprehensive knowledge of Applebee's standards to excel at guest service and meet demanding sales objectives
General Manager
Round Table Pizza
07.2008 - 04.2012
Accountant
NORMED
06.2007 - 06.2008
Education
Bachelor's degree - Accounting
Central Washington University
Des Moines, WA06.2008
Skills
- General Ledger Accounting
- Financial Statement Preparation
- Account Reconciliation
- Accounts Payable
- Accounts Receivable
- Yardi
- QuickBooks
- GAAP
- Financial analysis
- Budgeting
- Mondaycom
- Avid
- MS Suite
- Cash Flow Management
- Staff Management
Timeline
Property Controller
Thrive Communities
08.2024 - Current
Senior Accounting Manager
Thrive Communities
01.2024 - 08.2024
Accounting Manager
Thrive Communities
07.2022 - 12.2023
Portfolio Accountant
Thrive Communities
12.2019 - 06.2022
Senior Accountant - Financial Reporting
Restaurants Unlimited INC
12.2018 - 10.2019
General Manager
Applebee's
04.2012 - 12.2018
General Manager
Round Table Pizza
07.2008 - 04.2012
Accountant
NORMED
06.2007 - 06.2008
Bachelor's degree - Accounting
Central Washington University
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