Afsaneh Jamal

A disciplined and goal-oriented accountant with over 17 years’ experiences in some of the biggest and well know construction and real estate companies

Corporate Accountant - Medallion Corporation

(2025-06)

• Record and reconcile the investment in Quicken as per monthly brokerage statement for different accounts
• Extract report for itemized category, portfolio value, and capital gain from Quicken, record in Yardi or QuickBooks, make comprehensive report of investment portfolio and the growth compare to the previous month.
• record intercompany transactions, maintain shareholder loan balance, report to the corporate accounting controller and collaborate with finance team, review bank reconciliations for multiple entities including holding companies in daily bases and keep track of fund transfers
• Prepare and reconcile monthly HST filing for income producing property, property under construction with supporting schedules, maintain schedules for donation income and expenses
• Record and reconcile monthly credit cards expenses and maintain allocation sheet
• Prepare month, yearend closing, documentation process for year-end working papers, prepare report for different investment in each entity and collect all T3 slips from investment brokerage for annual audits, prepare consolidation of financial reports across properties and entities

Property Accountant (Temp) - Del Property Management

(2024-10 - 2025-06)

• Performed full cycle accounting for a portfolio of 12 condominium buildings, including shared facilities
• Prepared monthly financial statements, including Balance Sheet, Income Statement, and supporting schedules
• Collaborated with property managers to maintain accurate records
• Prepared and reconcile recoveries, intercompany transaction and post journal entries
• Assisted in the preparation of year-end audit working papers.
• Processed owner changes and electronic funds transfers for common element fees

Senior Project Accountant - The Downing Street Group

(2022-09 - 2024-05)

• Prepared financial consolidation statement and reviewed and reconciled FS for project, fund level, collaborate with PMs to maintain cost ledger breakdown structure ensuring alignment with per forma and budget and report to business partners along with cash flow projection
• Prepared monthly variance analysis of project budget vs. actuals cost ledger and WIP
• Prepared construction draws packages including supporting documentation to obtain funding from lenders and keep track and scheduled for equity from partners or private equity cash call
• Recorded the loan proceeds, ensured completeness of back-up information, monitoring loan discharges and payouts, reconciled the allocation of loan and interest to different entities.
• Responsible for complex entries (final close, land acquisitions, and disposition etc.) as pre-APS
• Recorded the corporate journal entries and intercompany transaction with proper supporting schedules, including monthly accrual, debenture interest, management fee
• Managed cost ledgers for any miscoding of costs and recorded required cost accruals
• Provided support and oversight on portfolio of projects with multiple PMs cross functional team
• Monthly filing HST return and calculate HST rebate for closing units as per statement of adjustment, lead the project accounting team, review day-to-day accounting operations
• Prepared YE working paper files requested by auditors, review and record adjustment entries

Project Accountant - Podium Developments

(2020-09 - 2022-08)

• Prepared monthly construction draw report and cash flow, collected monthly purchaser’s deposits, upgrading deposit, occupancy fee and tracked partner grantee fees
• Reconciled monthly trust and bank accounts, intercompany loan and calculated accrued interest
• Reclassified 2 GL accounts of construction and development to standard cost codes of construction to activate monthly variance analyst of WIP vs break down of budgets
• Intergraded cost tracker against general ledger accounts for 3 projects under construction,
• Prepared monthly and quarterly HST returns of the projects
• Made Journal entries for the acquisition of new properties and loan, and intercompany transaction, billing to different projects and cost coding
• Report to external accountant for yearend filling and prepare necessary journal entries adjustment.

Development Accountant - Brad J. Lamb Realty Inc.

(2016-06 - 2020-02)

• Oversaw contract, purchase order, invoices and updated project budgets
• Prepared monthly financial reporting and construction draw to cost consultants and project partners, cost control and related pro forma variance analysis
• Prepared cash flow projections, monitored the release of payments and project transactions
• Prepared internal and external reporting for each project, assist project manager to forecast the accrued hard and soft costs versus project budget and per forma, overseeing AR, AP clerks
• Reconciled bank accounts, hold back, intercompany transaction, recorded cash call, loan and interest, commission accruals, revenues recognition for income producing properties
• Posted journal entries, reconciled and maintain general ledger Accounts for hard/soft costs
• Produced and reviewed Cheques, processed accounts receivable for rent, LMR

Property Accountant - North West Property Corporation

(2014-12 - 2016-06)

• Preformed month-end closing, recorded pertinent journal entries, accruals and contracted expenses, open P.O, fixed asset amortization and revenue recognition, maintain general ledger accounts
• Prepared monthly financial reports package for 2 residential with 270 units and commercial units such as rent revenue variance analysis, vacancy and parking reconciliation, deposit registry report, security deposit report, cost per unit and rent roll report and prepare CAM/Tax recoveries adjustment
• Assisted annual budget and forecast operation expenses and rent revenue, prepared cost allocation and charge back invoices for recoverable expenses, reconciled and record intercompany transaction
• Prepared the corporate financial Statement, reviewed, reconciled account receivable and payable for 2 residential,7group of commercial and 4 international properties with multi-currency,
• Record cash receipt for rent chq, HST return, parking laundry revenue, inter –company receivable, make journal entry and bank deposits, prepared the statement of adjustment when properties sold out

Expense Auditor - Brookfield Global Relocation Services

(2011-10 - 2014-10)

• Audited and processed the employee claims for relocation expenses involved in selling and purchasing home: legal fees, disbursements, commission fees, land transfer taxes, home inspections and moving household goods, duplicated carrying costs, mortgage discharge penalties; completed within time limit in multiple currencies with valid supporting documents on behalf of clients
• Performed bookkeeping and coding to reimburse expenses as per approved budget and client policy
• Reconciled corporate credit cards in accordance with accounting code as per clients’ policies from unauthorized use of funds
• Charged expense management fees to the file in accordance with clients’ policy
• Handled all client inquiries (internal and external) regarding reconciliations, reimbursement and adjustment in an expedient and professional manner for 3rd party reimbursements
• Effectively communicated with all levels of internal staff on policy issues and followed up of outstanding account payable invoices to process.

Financial Officer - Ministry of Community and Social Services and Children and Youth Services - Capital & Accommodation Services Branch (Contract)

(2011 - 2011)

• Verified cost centre and account codes; obtained authorization signatures and determined accuracy of the branch, lease, and project invoices and sent for direct payment
• Reconciled vendor statements, made effective interaction with vendors, contactor and project managers to resolve any discrepancies for project invoices, updated outstanding accrued liabilities
• Provided monthly reconciliation of P-card and direct payment, reviewed expense report
• Coordinated the development, maintenance, and tracking of financial data for project managers and senior manager while providing back up and support documents
• Cooperated with project teams for monitoring and measuring program performance

CGA Program Level 3 - Ryerson University, Toronto (2011 - 2011)

Certificate in Accounting-Finance - Ryerson University, Toronto (2008 - 2008)

Payroll Supervisor Program