At Red Cedar Advisory Services, we understand the value of time in property and fund management. Our accounting and HR consultants help growing companies to optimize resources and achieve their goals efficiently. #PropertyManagement #FundManagement #Accounting #HRConsulting #recruiting
Red Cedar Advisory Services
Business Consulting and Services
Royal Oak, MI 1,766 followers
Accounting, HR, and Recruiting Solutions for growing property and fund management companies
About us
Red Cedar is a tech enabled advisory services firm, with a focus on accounting, information systems, human resources and operations.
- Website
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http://redcedar.io
External link for Red Cedar Advisory Services
- Industry
- Business Consulting and Services
- Company size
- 2-10 employees
- Headquarters
- Royal Oak, MI
- Type
- Privately Held
- Specialties
- Fund accounting , HR consulting , HR Advisory , accounting consulting , Property Management Consulting, Property Management Accounting , Accounting Advisory, and Recruiting
Locations
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Primary
Royal Oak, MI, US
Employees at Red Cedar Advisory Services
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Ian Nichols
Business Advisor and Leader | Accounting, Systems, Reporting | Syndications & Fund Administration
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Mike Schmansky
Business Advisor and Leader | Accounting, Systems, Reporting | Syndications & Fund Administration
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Steven Ponce
Director of Accounting Advisory Services at Red Cedar Advisory Services
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Lauren Niziol
Fractional HR Director and Recruiter | Empowering Growth for Companies with Multi-Regional Teams
Updates
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We're #hiring a new Property Management Accountant in Lakewood, Colorado. Apply today or share this post with your network.
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We're #hiring a new Assistant Financial Controller in Lakewood, Colorado. Apply today or share this post with your network.
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Property Management Accounting can be complex, and every property or portfolio faces unique challenges. We'd love to hear from you: What’s your biggest challenge in property management accounting? Cast your vote below!
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We're excited to assist our clients in filling several key roles in the #propertymanagement industry! We're currently looking for🔎 : Assistant Controller (on-site in Colorado) Property Management Accountant (on-site in Colorado) Regional Property Manager (Metro-Detroit area) If you or someone you know is interested, check the links to apply in the comments. Please share this post to help us reach more potential candidates! #fundaccounting #recruiting #hrconsulting #accountingfirm
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Honoring Juneteenth: A Time for Reflection and Progress Today, we at Red Cedar proudly join the nation in celebrating Juneteenth. On June 19, 1865, freedom finally reached those still enslaved in Texas, two and a half years after the Emancipation Proclamation was signed. This day reminds us of the resilience and strength of the African American community and the ongoing journey toward equality and justice. As we honor this day, we recognize the importance of understanding our history and committing to a future where equity, diversity, and inclusion are at the forefront. At Red Cedar, we are dedicated to fostering an environment that values and celebrates diversity, ensuring every voice is heard and respected. Together, we can build a more inclusive and just society. Happy Juneteenth! #Juneteenth #FreedomDay #DiversityAndInclusion #RedCedar
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Our Director of HR Advisory, Lauren Niziol, will be at the National Apartment Association (Naahq)'s annual conference, #apartmentalize, this week. If you see her, say "hello." #hrconsulting #recruiting #propertymanagement
Packed and ready! #apartmentalize National Apartment Association (Naahq)
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Happy Father's Day to the incredible dads of Red Cedar and beyond! Enjoy the day! #happyfathersday
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Understanding #FundAccounting in Real Estate Syndication Real estate syndication involves pooling resources from multiple investors to acquire properties. Fund accounting is crucial for tracking and managing the financial transactions in these investments. Key Elements of Fund Accounting 1. Accurate Financial Reporting: Meticulously records of all financial activities, including capital contributions, acquisition costs, operating expenses, and distributions. 2. Investment Tracking: Maintaining detailed records of each investor’s capital account, including their contributions and share of income and expenses. 3. Compliance and Regulations: Ensuring all financial activities comply with regulatory requirements. 4. Profit Distribution: Managing how profits are distributed among investors, including calculating preferred returns and profit splits. 5. Tax Reporting: Preparing detailed tax reports to ensure all deductions, depreciation, and credits are correctly accounted for. Fund accounting provides a transparent way to manage the financial aspects of real estate syndications. It builds investor confidence by accurately tracking contributions and returns, helping syndicators make informed decisions. Have questions? Leave them in the comments or contact us directly – we're here to help! #accountingfirm
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