Christopher Herron

About Christopher Herron

Commercial Real Estate Accounting Multi-family property accounting Bank…

Experience

1. Senior Client Accountant

   Transwestern

   Jul 2015 — Present · Dallas, TX, US

   POSITION SUMMARY: The Senior Client Accountant is responsible for accounting duties for assigned Properties that includes, but not limited to, preparing financial reports, entering accrual and cash journal entries, reviewing operating statements and variance reports, preparing escalation and payable reviews, as well as performing reconciliations. Ensures accuracy, consistency and adherence to the Management/Leasing Agreements and SOC1 controls. The Senior Client Accountant also utilizes assigned real estate accounting software (e.g, MRI, Yardi) to perform client accounting required tasks. POSITION ESSENTIAL FUNCTIONS: •Maintain property cash balances. Submit Open A/P report for weekly check run processing after reviewing property’s available cash balances. Transfer funds as necessary between property cash accounts to cover check runs. Initiate monthly distributions to Owners based upon the requirements set forth in the Management Agreement. •Enter new and amended leases from lease abstracts into the appropriate accounting system. Insure that the information entered agrees with the lease abstract and the appropriate financial sections of the lease document. •Review aged accounts receivable listings with the property manager for any adjustments, applying open credits to open charges, and insure that cash receipts have been properly applied to each tenants’ account. •Print and review financial statements and all monthly reports and tie all supporting schedules to the financial statements. Submit the monthly financial package to the Accounting Manager for review and then forward to the property manager. •Supervise / assist assigned staff and insure all reporting deadlines are being met. •Understand the escalation and operating expense budgeting and settlement process, including the calculation of “gross-ups”, and participate in the preparation of the actual settlement schedules.

Education

• University of Mississippi - School of Business Administration

  Bachelor of Science, Business Administration

  1989 — 1994

• University of Phoenix

  Master of Science, Accountancy

  2008 — 2009

• Jackson State University

  N/A, Business Administration and Management, General

  1996 — 1996