Chastity Smith Email & Phone Number

Culver City, California, United States

• Oversaw and reviewed all accounting and monthly financial reporting for a mix of 290 commercial and multifamily properties with a total of 6,219 units; company grew from 153 properties and 4,485 units as of January 2017
• Oversaw cash management activities including: reviewing and approving monthly distribution calculations; forecasting cash and determining required client contributions
• Reviewed, interpreted and ensured compliance with mortgage agreements on all properties under management
• Served as the accounting point of contact for clients, responded to all questions and ensured that requests were completed timely and accurately
• Oversaw and processed the company's semi-monthly payroll (~170 employees); Responsible for calculating and billing field employee payroll to properties under management
• Hired, supervised and mentored accounting department staff; Grew accounting department from a team of 4 to 9 people; created a department structure that encourage employee development and advancement

Los Angeles, California, United States

• Managed and reviewed all accounting, financial reporting and compliance for 15 distressed debt portfolios with a total fair value (FV) of $358 million (at the peak $711 million) which included 53 real estate owned.
• Reviewed REO activity, advised on the recording of complex transactions and calculated impairments
• Oversaw external and internal audits
• Oversaw and reviewed the preparation of semi-annual budgets; explain changes to prior period
• Served as the accounting point of contact with the FDIC on nine investments
• Worked closely with the asset management team to gain a strong understanding of investment level activity and projections

Oversaw accounting, financial reporting, compliance and tax related matters for the Company and its two sponsored private equity debt funds.Ensured preparation and consolidation of FS were in accordance with GAAP by reviewing, approving and assisting with the completion of all supporting work papers. Also, recorded all complex transactions and reviewed REO.

Oversaw the accounting and financial reporting of 6 client/fund portfolios ensuring the accuracy, clarity and completeness of all client/fund and internal reporting deadlines. Responsible for coordinating with Portfolio Analysts and Managers to compile and distribute 6 investor quarterly reports including reviewing and approving the consolidation of.

Increases in responsibilities included:Answering questions from and training other team Analysts.Writing quarterly report commentary discussing individual investment performances against plan, prior year and competitive market set.Taking on the accounting and reporting responsibilities for two newly formed development funds.

Prepared client/fund level consolidated FS; assisted in the preparation of monthly/quarterly reporting packages for clients/funds; prepared all client consultant questionnaires (e.g. Courtland and Townsend).Reviewed investment level reporting packages; uploaded FS into Yardi; prepared JEs; maintained various accounting support schedules; processed accounts.

Responsible for overseeing 6 staff accountants with a portfolio of 75 residential apartment communities while maintaining existing Staff Accountant responsibilities for 16 of those apartment communities. Also responsible for working with and coordinating external audits, training and assisting temporary employees on all Staff Accountant duties and.

Responsible for handling monthly financial reporting activities for 16 apartment communities (2,586 units). Reporting activities included: general ledger analysis; updating balance sheet support schedules, determining and recording monthly JEs; preparing monthly regulatory reports; reconciling cash accounts; investigating monthly budget to actual variances.

Responsible for handling the accounting activities for 907,438 square feet of office space. Prepared monthly FS and other related reports; maintained supporting schedules for balance sheet and income statement accounts; investigated actual to budget variances and prepare a detailed analysis; prepared quarterly forecasts, assisted in annual budget.