Trigild6d ago

Receivership Accountant

Dallas, TX (Hybrid)Hybridmid

Finance & AccountingAccountant

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Quick Summary

Key Responsibilities

Review third party management reporting including: comparing provided reports to reports required by court order; confirm reports are correct property, period,

Technical Tools

Finance & AccountingAccountant

Responsibilities

~1 min read

→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.

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
Bachelor’s degree in accounting preferred
Experience with Yardi desired
Proficiency in PC-based software such as Microsoft Excel

#IND123

Over its 40 year history, Trigild has managed and operated hundreds of commercial properties.

Trigild has expertise in managing a wide array of commercial real estate assets and operating businesses. Trigild leverages its expertise in property management, receivership, fiduciary, operations, consulting, and disposition services under one roof – for maximum service and value. Visit www.Trigild.com.

Our portfolio includes Hotels, Multifamily Complexes, Office Buildings and Hospitality Properties (including restaurants, golf courses, amusement parks).

Additionally, Trigild is the nationally recognized authority on non-performing commercial loans that combines Receivership/Trustee, Management and Disposition services under one roof. That means no coordinating multiple companies, and no duplication of fees. We have the expertise to quickly take control of the assets, maximize operating results, and speed recovery by selling the assets quickly through our national network of industry contacts. .

Whether you are looking for commercial management services or a new level of performance on commercial loan recovery, Trigild can maximize value.