Tessa Thomas Email & Phone Number

Boca Raton, Fl, Us

Fort Lauderdale, Florida, Us

Manage and mentor a team of 12 property accounting personnel, overseeing a portfolio of 40+ multi-family properties with 10,000+ units and $170M+ in annual revenue.Streamlined month-end close process, completing the close within 7 days every month.Automated the AP process and transitioned to a paperless AP system, reducing offsite storage by $2K monthly.Converted to an electronic check processing system, saving $50K+ yearly.Established highly effective cross-functional training practices, developing a more efficient and productive accounting team.Led the conversion from AMSI to Yardi.Navigated through Covid amid significant growth in 2020, acquiring 7 new properties and enhancing asset management by $70M+ in 2021.Responsible for monthly/quarterly investor reports, budgets, forecasts, cash flow projections, variance analysis, financial reporting, escrow accounts, lender communication, and treasury functions.

Boca Raton, Fl, Us

Oversaw accounting/finance operations for 30+ entities, managing 7-12 direct reports at any given time.Spearheaded the software conversion of AMSI to Entrata. Created a paperless system for rental payments, resulting in a 60-80% increase of collected rent within the first week of each month and a 100% decrease of fraud activity at the property level.Employed a 3rd party rental insurance, generating $8,900 in additional revenue.Implemented of 3rd party water billing, recovering about 70% of water expenses.Streamlined 3rd party lender quarter/annual financial reporting, improving accuracy and efficiency.Assisted in the 2016 sale of 17 properties in 1 transaction and acquisition of 3 new properties within a 2-month period.

Master Of Accounting

Bachelor Of Business Administration