Jeffrey Monaco Email & Phone Number

Boston, Massachusetts, United States

Newton, Massachusetts, United States

Controlled month-end close for a real estate portfolio of twenty multi-family apartment buildings valued at $400M. Enhanced balance sheet reconciliations to improve the efficiency of month-end processes. Reviewed and edited monthly budget variance analysis with the Operations team.Prepared quarterly financial packages included with reports distributed to investors.

Burlington, Massachusetts, United States

Performed month-end close for two of ten hotels in the company portfolio that produced between $400-500k in revenue every month. Advised and guided hotel management team at two hotels on streamlining the accounts payable process. This included increasing efficiency of manager approvals at each hotel and creating schedules of recurring services. These changes resulted in an over 90% reduction in interest/late fees incurred for the hotels. Trained hotel management in reducing credit card disputes, which resulted in a significant decrease in bad debt expense for both hotels.Reviewed timecards of over 150 hourly employees across two hotels as part of the weekly payroll process. In addition to employee incentive workpapers and gratuity breakouts. Participated in monthly hotel financial calls with senior management. Provided insight and explanations on budget variances. Prepared analysis and provided requested documents to external auditing firm as part of the annual audit process. Prepared and filed monthly, quarterly, and annual tax filings for hotels.

Waltham, Massachusetts, United States

Waltham, Massachusetts

Introduced an accounts payable process that reduced physical paper usage across all departments. Managed purchase order process. Standardized senior management approvals for special projects. Oversaw all purchase order requests from all departments of the Waltham office. Monitored employee expense reimbursements. Reviewed all employee expense reports for completeness and compliance with company policies. Reconciled balance sheet accounts. Reviewed and ensured various balance sheet account details were properly recorded each month. Prepared analysis and provided requested documents to external auditors as part of the annual audit process. Responsible for office and cafeteria supply procurement.

Boston, Massachusetts

NOTE: Effective October 15th, 2018, Berkeley Point Capital officially changed its name to Newmark Knight Frank

Boston, Ma

Developed accounts payable invoice tracking process for the IT department to monitor recurring services across six different offices located around the country. This minimized late fees and service interruptions of core services for the company to properly function. Oversaw implementation of new accounts payable form. Guided office administrators across multiple offices to ensure proper general ledger coding, department allocation, and that all expenses were being accounted for. Performed month-end close tasks including expense allocations, accruals, and intercompany activity. Reconciled operating expenses. After the month-end close was completed, I reconciled all operating expenses to ensure all had been properly allocated and coded correctly. Reconciled employee travel and entertainment expenses. Received Excel files of approved Concur expense reports from the Business Support team, reviewed and reconciled before uploading to the general ledger. Assisted with ad-hoc projects as requested to provide necessary information for upper-level managers and senior management.

Boston, Massachusetts

Recorded daily cash activity and prepare journal entries. Downloaded cash activity from bank into Excel, instructed transactions individually to General Ledger accounts, prepared journal entry and posted to the General Ledger in SAP. Worked on accounting for Fund Reimbursements. Part of daily cash activity process. Would receive a debit amount in cash activity report, then research through invoices based on client source to match with amount in cash activity. Worked on Accounts Payable Desktop Deposits. Receive Desktop Deposit detail from Accounts Payable department, prepared cash journal entry, and posted to General Ledger. Updated Stock Ledger. Inputted stock options, buybacks, and lapses into Excel file daily. Reconciled stock ledger when cash activity related to stock options comes through bank. Assisted with Prepaid Expense process. Downloaded/printed out invoices from SAP, and roll forward amortization for prepaid expenses from prior months. Assisted with Month-end close process. Reconciled cash account making sure all activity from prior month was posted to General Ledger. Reconciled custody accounts and separately managed accounts. Used Essbase as part of separately managed account reconciliation process. Ran 6 month historical Profit and Loss Reports in Oracle for team to compare current standing of company to 6 months prior. Worked on various projects to help with reporting and analysis to ensure accounting functions are performed efficiently and accurately.

Southborough, Massachusetts

Assisted in the preparation of annual and quarterly financial statements and annual statutory and GAAP financial audits.Assisted with investment captive reports. Inputted current holdings, sales, and purchases for each captive the company owned. Assisted with weekly unapplied cash reports with investments. Reviewed the transactions from the week (information provided by third party), and instruct some transactions to be booked to a particular account in the General Ledger. Performed account reconciliations. Processed Oracle Essbase through Microsoft Excel for each account which consisted of balance sheet asset and liability accounts. Examined to make sure there were no variances for those accounts and financials would agree with any supporting documentation if necessary. In addition, I would run queries in PeopleSoft for select accounts as part of the reconciliation. Prepared trial balances for executive management team using Essbase and advanced Excel. Assisted with annual and quarterly state filings and other daily office operations.

Albany, New York

Prepared reports through Microsoft Excel for Chief Operating Officer as requsted. Performed account reconciliations, balanced customer accounts, listed disbursements for particular customer accounts. Updated budget spreads using Great Plains accounting software.

Albany, New York Area

• Assisted Director of Marketing and Development with Yearly Marketing Plan.• Researched advertising opportunities and compiled results that were within the budget given from top executives. • Attended meetings with advertising companies and obtained relevant information

Latham, New York

• Researched, compared and contrasted all New York State school districts budgets.• Prepared reports for the use in the annual budget meeting by the Director of Finance.• Assisted with daily office operations.