Receivership Accountant

Trigild • Dallas, TX

1d

About The Position

Trigild is seeking an accountant that will be responsible primarily for reviewing financial reporting produced by third party management companies for a group of properties in receivership. A few self-managed receiverships may require full reporting which would include financial reporting, budgeting, cash management, and expense reconciliations.

Requirements

• Communication, presentation and interpersonal skills
• Strong analytical ability
• Well-organized; self-starter, able to handle multiple priorities
• 4+ years of commercial real estate accounting experience with multiple property types preferred
• Knowledge of GAAP (specifically, real estate)
• Understanding of property management in relation to financial accounting, recoveries, budgeting and forecasting
• Experience with Yardi desired
• Proficiency in PC-based software such as Microsoft Excel

Nice To Haves

• Bachelor’s degree in accounting preferred

Responsibilities

• Review third party management reporting including: comparing provided reports to reports required by court order; confirm reports are correct property, period, and basis; confirm bank reconciliations; confirm balance sheet support schedules; confirm net income ties to retained earnings and rolls forward correctly from prior month reporting.
• Responsible for the general ledgers for self-managed properties assigned, including monthly journal entries and bank reconciliations.
• Understanding of accounts payable (AP), accounts receivable (AR), cash receipts and lease administration functions of commercial real estate and how they drive the financial results of assigned project.
• Prepare monthly and quarterly reporting packages on the assigned portfolio of properties for self-managed properties. The packages include analyses and support schedules of all balance sheet accounts and explanations of significant variances in income statement accounts.
• Prepare annual expense reconciliation schedules and billings to tenants with Property Managers as needed for self-managed properties.
• Prepare detailed interim and year-end working papers and support schedules requested by internal and external auditors as needed.
• Assist with audits in terms of research, analysis, documentation and response.
• Assist with property set up and payment of initial emergency expenses for receiverships.
• Review third party manager funding requests as needed.
• Handle special projects, assigned.

Benefits

• All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 11-50 employees