Carlos Udarbe
Property Accountant at Allied Properties REIT- Claim this Profile
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English Native or bilingual proficiency
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Filipino Native or bilingual proficiency
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French Limited working proficiency
Topline Score
Bio
Experience
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Allied Properties REIT
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Canada
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Leasing Non-residential Real Estate
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100 - 200 Employee
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Property Accountant
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Jun 2022 - Present
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Dream
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Canada
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Real Estate
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500 - 600 Employee
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Property Accountant
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Mar 2021 - Jun 2022
+ Maintain monthly working papers and prepare journal entries for realty tax, insurance, utilities, and depreciation using JD Edwards for 26 industrial properties which are part of the firm’s Quebec portfolio. + Monitor tenant recoveries on a monthly basis by substantiating tax and operating expenses with related invoices and collaborating with property managers to ensure their accuracy and reasonability, therefore streamlining the preparation of annual tenant statements for any recovery adjustments at the end of the year + Review monthly income statements and quarterly balance sheet statements, and prepare periodic variance analysis to ensure the accuracy, completeness, and proper valuation of revenue, expense, asset, and liability accounts + Assist in reviewing leases in both English and French by ensuring recurring billing rates for base rent, CAM and tax are accurately inputted and by performing recalculations to ensure the accuracy of straight-line rent adjustments + Assist in the preparation of rental advice notices for each tenant by reviewing the reasonability of CAM and tax rates used in the annual budget Show less
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EY
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United Kingdom
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IT Services and IT Consulting
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700 & Above Employee
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Staff Accountant, Assurance
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Oct 2020 - Jan 2021
+ Substantiated and concluded on the existence, completeness, and accuracy of revenue, expenses, accounts receivable, accounts payable, and fixed assets by inspecting and agreeing respective client schedules to supporting evidence such as invoices, third-party confirmations, and inquiries. + Performed variance analysis and financial ratio calculations to identify significant abnormalities and potential financial reporting issues and agreed them to client explanations and substantiating schedules to ensure that figures are reasonably presented without any material misstatements. + Tested the effectiveness of internal controls through client inquiry, observation, inspection of documents, and reperformance of management’s review to assess the risk and impact of controls over financial reporting and to identify and address control weaknesses in accordance with the Sarbanes-Oxley Act (SOX). + Maintained consistent communication with the engagement team and client management to ensure the timely collection of audit evidence supporting the overall efficiency and productivity of the audit and allowing for hourly budgets to be met. + Adopted procedures in a diverse portfolio of engagements, including year-end audits and reviews of 8 clients in different sectors including utilities, energy, retail, and not-for-profit organizations including governmental and educational institutions. Show less
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EY
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United Kingdom
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IT Services and IT Consulting
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700 & Above Employee
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Staff Accountant (Co-Op), Assurance
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Jan 2019 - Aug 2019
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Kipling Group Inc.
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Canada
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Real Estate
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1 - 100 Employee
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Assistant to Corporate and Property Accountant
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May 2017 - Nov 2018
+ Provide liaison with corporate and property accountants by ensuring the smooth flow of communication throughout the organization and by addressing issues and concerns using analytical problem-solving methods. + Prepare invoices to charge fees based on budgets and management revisions, contributing to the firm’s main revenue. + Reconcile invoices with expenses to produce monthly reports and facilitate in the timely processing of accounts payables. + Analyze and allocate corporate expenses to appropriate general ledger accounts and proper entities to ensure the complete and accurate representation of the firm’s financial position for monthly financial reports. + Perform horizontal and vertical analysis of monthly income statements to identify and address significant variances between month-to-month actuals and budgeted amounts. Show less
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Shoppers Drug Mart
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Canada
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Retail
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700 & Above Employee
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Customer Service / Cashier
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Jul 2014 - Apr 2017
+ Accountable for administering and balancing transactions amounting from hundreds to thousands of dollars using point-of-sale systems, delivering sales with precision and accuracy + Efficient in addressing, assessing and negotiating customer concerns using analytical problem solving techniques, resolving issues and reducing customer complaints + Actively promotes current store promotions with enthusiasm, sociability and persuasion, increasing income from sales + Awarded two “extra-mile” recognitions for demonstrating excellent customer service and helpfulness among co-workers Show less
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Education
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Chartered Professional Accountants of Canada (CPA Canada)
Successful Completion of the Common Final Examination (CFE) -
Ryerson University
Professional Master's Diploma in Accounting, Cumulative GPA: 3.80/4.33 (A-) -
Ryerson University
Bachelor of Commerce, Accounting (Co-Op) -
Bishop Marrocco/Thomas Merton Catholic Secondary School
High School, Ontario Secondary School Diploma