Annette Washington

Annette Washington Email and Phone Number

Vice President of Finance at Chicago Neighborhood Initiatives @ Chicago Neighborhood Initiatives
Annette Washington's Location
Greater Chicago Area, United States, United States
Annette Washington's Contact Details

Annette Washington personal email

n/a
About Annette Washington

Accomplished real estate investment leader, I have 20+ years of experience and background managing financial and reporting functions for residential multi-family, commercial, mixed-use, and development portfolios, with the following skills and expertise:• I have experience in accounting procedures, financial statements, financial performance, account oversight, general ledgers, financial reporting, year-end audits, debt service coverage ratios, break even analysis, budgeting, P&L, forecasting, and cash flow management. • I also possess in-depth knowledge preparing financial and operational assessments, including market, accounting, due diligence, taxes, and management information systems. • Next, I am adept at analyzing operations and implementing improvements to increase efficiency and costs. And have a background managing and completing on time and within budget. • As a proven leader, I have trained and directed teams and applied my communication and interpersonal skills to effectively interact with others. Several of my career achievements include:• Developing and establishing accounting departments, implementing operational framework from ground-up.• Discovering millions of dollars of available cash flow not being transferred to corporate weekly during a review of third-party financial statements.• Spearheading efforts to identify and correct major errors in financial statements. • Pinpointing areas of weaknesses, recommended corrective actions, and implemented solutions. • Initially serving as a consultant to conduct a major financial review of financial documents prepared by third parties and later hired into specifically created role based on outstanding performance in correcting financials.• Being selected as one of 30, out of 155K VPs to participate in program for upper mobility with a large investment firm. • Recognition in Who’s Who of American Business Professionals.

Annette Washington's Current Company Details
Chicago Neighborhood Initiatives

Chicago Neighborhood Initiatives

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Vice President of Finance at Chicago Neighborhood Initiatives
Annette Washington Work Experience Details
  • Chicago Neighborhood Initiatives
    Vice President Finance
    Chicago Neighborhood Initiatives Jan 2023 - Present
    Chicago,, Illinois, Us
  • Chicago Neighborhood Initiatives
    Director Of Finance
    Chicago Neighborhood Initiatives Dec 2019 - Jan 2023
    Chicago,, Illinois, Us
  • Jpmorgan Chase
    Vice President, Asset Management
    Jpmorgan Chase Oct 2013 - Dec 2019
    New York, Ny, Us
    In this position, I contribute to the Origination group of Direct Affordable Housing and am a vital member of the Transaction Team. I monitor the portfolio of tax credit deals under construction and lease-up through stabilization by tracking key milestones and dates. I focus on the broad range of risks associated with the real estate developments, particularly equity fundings during the pre-stabilized construction phase. I also monitor a $25B+ portfolio of properties through construction completion and stabilization.Key Achievements:• Effectively managed and tracked a $25B+ portfolio of properties through construction completion and stabilization.
  • St Residential
    Vice President, Property Management Accounting
    St Residential 2011 - 2013
    For this role, I was selected to analyze, review, and correct financial documents from third parties (property management companies) submitted to corporate for 18 Multi-Family (MF) properties, while overseeing and directing department’s daily operations, including training, developing, and supervising a three-member team. Next, I conducted multiple ad-hoc, on-site reviews to evaluate operations and financial documents, including financial statements, rent rolls, budgets, cash flow, forecasts, and reports. I also reviewed executive summaries to better understand property, including number of residents and number of applications submitted/approved. In addition, I developed standardized templates to review financial documents and delivered reports of analysis to Executive team. Finally, I established and implemented department policies and procedures.Several accomplishments included:• Streamlining operations by developing standardized policies and best practices for property reporting following Generally Accepted Accounting Principles (GAAP) and best industry practices.• Selecting and evaluating third-party property management companies and on-site staff.• Identifying and evaluating distressed assets and established a work out plan with all parties.• Comprehensively training and developing third-party property management company representatives in monthly reporting requirements.• Significantly contributing to the creation of monthly property budgets and corporate forecasts for properties. • Successfully building and establishing Property Management Accounting Department.
  • Rreef
    Vp/Controller, Development Accounting; Vp/Asst. Controller; Asst. Controller; Development Accounting
    Rreef 2000 - 2010
    Us
    With this organization, I oversaw the construction draw process for approximately 500 development properties, including commercial, residential, retail, and multi-family with a portfolio value of about $50B. In addition, I managed a 10-member team in daily accounting operations and addressed and resolved serious discrepancies, recommended and approved funding for construction draws. I also reviewed all budget revisions and change orders for development properties to ensure properties were constructed in accordance to budget, and prepared quarterly development status reports. Reviewed and approved financial entries prepared by staff to ensure accuracy. Next, I coordinated transition of development properties to RREEF Property Management Accounting and trained third-party developers on RREEF’s draw reporting requirements. Key accomplishments included:• Establishing lender reporting requirements by working with capital markets and development managers. • Assisting with quarterly property valuation process and due diligence. • Evaluating development management and partnership agreements to ensure accounting requirements satisfied. • Aiding in setting up new CTI projects. • Developing and updating department policies and procedures in conjunction with GAAP, Generally Accepted Auditing Standards (GAAS), and National Council of Real Estate Investment Fiduciaries (NCREIF).• Participating in Investment Committee conferences, planning future investments and reviewing amendments to current investment strategies and related budgeting and forecasting. • Serving as liaison between RREEF Development Accounting and all internal and external parties.• Creating and implementing internal and external policies and procedures for RREEF development properties. • Planning, building, and developing accounting group from the ground up.
  • National Equity Fund
    Director Of Accounting
    National Equity Fund Oct 1993 - Mar 2000

Annette Washington Skills

Due Diligence Finance Asset Management Accounting Property Management Real Estate Financial Analysis Internal Controls Management Auditing Budgets Portfolio Management Investments Analysis Financial Reporting Leases Mergers And Acquisitions Valuation Financial Modeling Real Estate Economics Accounts Payable Financial Statements Commercial Real Estate Sarbanes Oxley Act Real Estate Transactions Banking Loans Investment Properties Corporate Finance Tenant Accounts Receivable Cash Management Real Estate Development Account Reconciliation Gaap Corporate Real Estate Sec Filings Disposition Lease Administration Real Estate Financing Asset Managment Forecasting Acquisitions Property Residential Homes Budgeting Generally Accepted Accounting Principles Financial Stewardship Forecasting And Modeling P&l Responsibility

Annette Washington Education Details

  • Chicago State University
    Chicago State University
    Accounting
  • San Francisco State University
    San Francisco State University
    Accounting

Frequently Asked Questions about Annette Washington

What company does Annette Washington work for?

Annette Washington works for Chicago Neighborhood Initiatives

What is Annette Washington's role at the current company?

Annette Washington's current role is Vice President of Finance at Chicago Neighborhood Initiatives.

What is Annette Washington's email address?

Annette Washington's email address is an****@****amu.net

What schools did Annette Washington attend?

Annette Washington attended Chicago State University, San Francisco State University.

What skills is Annette Washington known for?

Annette Washington has skills like Due Diligence, Finance, Asset Management, Accounting, Property Management, Real Estate, Financial Analysis, Internal Controls, Management, Auditing, Budgets, Portfolio Management.

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